Key features and benefits
- Earn higher interest than a term deposit
- Enjoy the peace of mind of a worry-free investment
- Relax knowing your principal is protected
- Choose from a range of terms, from 30 days to 5 years
- Minimum investment of $1,000 or $5,000 depending upon the term
- Interest calculated daily and paid at your chosen interval1
- Choose from compounded or simple interest options
- Automatic renewal option2
- Eligible for CDIC Insurance
1Interest is calculated daily, not compounded, and is paid at the interval as opted by you (which may be monthly, semi-annually, annually or at maturity).
2You can opt into our automatic renewal option when purchasing your GIC. If you don't notify us before maturity, we will automatically re-invest your deposit (either the principal only or principal and any interest earned) at the interest rate applicable on the date of renewal, to help maximize the growth of your savings. Consult your HSBC branch regarding any eligibility &/or restrictions with setting up an automatic renewal option on your GIC.