The savings were calculated based on the following sample scenario for qualified HSBC Advance customers:

• Free unlimited chequing - ($11.95/month admin fee x 12 months = $144 saving)
• Standard HSBC MasterCard ($35 annual Rewards fee per card x 2 cards = $70 saving) The HSBC Advance MasterCard includes Rewards for no additional fee and includes additional cards 
• Line of credit as part of the Advance package¹ with a preferential rate ($5000 x 2% [discounted rate] = $100 annual saving)
• Self-directed HSBC InvestDirect² registered plans with no annual fee ($50 annual saving)
• Plus preferential rates on mortgages, Term Deposits, and more

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 HSBC InvestDirect is a division of HSBC Securities (Canada) Inc., a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada. Member – Canadian Investor Protection Fund.