The world's local bank
How Does HSBC Advance Compare?
The HSBC Advance credit card is included as part of the HSBC Advance package1.
The HSBC Advance package is comprised of 4 products – HSBC Advance Chequing account, HSBC Advance Savings account, HSBC Advance MasterCard® and a personal line of credit with an introductory credit limit of $5,000
HSBC Advance MasterCard
HSBC Advance customers enjoy their choice of Rewards and pay no annual fee.
To qualify for the HSBC Advance package1 with no monthly fee, you must maintain a balance of $25,000 or more in deposits and/or investments with HSBC in Canada.
HSBC Premier MasterCard
HSBC Premier Banking customers enjoy lower rates and a world of rewards.
To qualify for HSBC Premier, you need to maintain $100,000 in personal assets held in personal deposit and/or investment balances. Business owners* may also use their commercial balances with HSBC to qualify.
HSBC MasterCard
A standard MasterCard with option to add rewards benefits for a fee.
1 The HSBC Advance package is comprised of 4 products – HSBC Advance Chequing account, HSBC Advance Savings account, HSBC Advance MasterCard® and a personal line of credit with an introductory credit limit of $5,000. The chequing account, MasterCard and line of credit products are subject to credit adjudication and approval. If you do not maintain a minimum of $25,000 in personal assets held in personal deposit and/or investments with HSBC Bank Canada or its subsidiaries, a monthly fee of $25 will be charged to your HSBC Advance Chequing account. The HSBC Advance package includes Telephone and Personal Internet Banking withdrawals, bill payments, pre-authorized debits, Interac®2 payments, cheques and unlimited deposits and withdrawals from any HSBC Bank Canada and THE EXCHANGE®3 ATMs. Transaction fees will be charged for other services not included in the package, please refer to the Advance Mastercard® Rates & Fees as well as the Personal Service Charges brochure.If you do not wish to apply for the HSBC Advance suite of products, similar products are available separately by calling 1.888.310.4722 or visit a branch.
2 payments, cheques and unlimited deposits and withdrawals from any HSBC Bank Canada and THE EXCHANGE®3 ATMs. Transaction fees will be charged for other services not included in the package, please refer to the Personal Service Charge at www.hsbc.ca/servicecharge or in branch for complete details. If you do not wish to apply for all Advance products in the package, or are interested in similar products separately, please call 1.888.310.4722 or visit a branch.
®MasterCard is a registered trademark of MasterCard International Incorporated. Used pursuant to license.
®2Interac. Trade-mark of Interac Inc. HSBC Bank Canada authorized user of the trade-mark.
®3THE EXCHANGE. User licensed in Canada by FICANEX Services Limited partnership on behalf of Fiserv EFT.
*Business Owner/Principal defined as person that fully controls and owns the business/company such as Sole proprietor, Partnerships, Limited Partnerships and Sole/Joint Directors. Limited to Business Banking (SME and Micro).
