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The Savings Option RRSP allows you to build your retirement portfolio in a simple and flexible manner. As your balance increases, the interest you earn increases, plus you have complete flexibility to access your funds should unexpected circumstances arise. When you are ready, you can easily access your savings or transfer funds to a Fixed Rate Option RRSP or HSBC Mutual Fund RRSP offered by HSBC Investment Funds, our subsidiary, at no additional charge. |
RRSP & RRIF Savings Option
Updated 2011-11-01
| On the entire amount when your daily closing balance is: | Interest Rate |
| Between $0 - $49,999 | 0.20% |
| Between $50,000 - $99,999 | 0.25% |
| Between $100,000 - $1,000,000 | 0.50% |
| No minimum deposit. Interest calculated daily and paid monthly. Interest is calculated up to the balance of $1,000,000 only, no interest will be paid on any portion over the balance of $1,000,000. |
| Rates are subject to change without prior notice. For information and to confirm most recent rates, please contact any HSBC branch. |
