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How Does HSBC Advance Compare?
A high interest savings account that 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 Savings Account
A savings account with special rates and services, exclusively for HSBC Advance customers.
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.
High Rate Savings Account
Offers competitive interest rates based on balance tiers.
This account is available in 4 currencies: CAD, USD, Euros & British Pounds.
HSBC Advance Savings
An account that gives you the freedom of unlimited day-to-day banking and easy access to your funds when you need them.
- Earn 1.15%* interest on every dollar
- No minimum balance, no monthly fees
- Control your funds 24/7 through Online, Phone & ATM
- Transfer funds between your accounts at other financial institutions2
- Set up automatic direct deposits to your savings account so your money grows faster
- Earn tax-free interest with an Advance Tax-Free Savings Account
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.
