Interest Rates | HSBC Canada

We offer competitive interest rates on your HSBC InvestDirect account. Please refer to the table below for current rates. For debit rates — for example, the interest you pay when you borrow through a margin account — refer to the Debit Interest Rates tables. For the rates we pay on outstanding account balances, refer to the Credit Interest Rates tables.

Canadian Debit and Credit Interest Rates

U.S. Debit and Credit Interest Rates

GIC Rates

Canadian Debit and Credit Interest Rates




Updated 2016-02-16



Canadian Credit Interest Rates Standard Cash/RSP (%) HSBC Advance (%) HSBC Premier (%)
$0 - $24,999 0.0 0.0 0.0
$25,000 - $49,999 0.0 0.0 0.0
$50,000 - $99,999 0.0 0.0 0.0
$100,000 - $249,999 0.0 0.0 0.0
$250,000 and over 0.0 0.0 0.0






Updated 2016-02-16



Canadian Debit Interest Rates Standard Cash (%) Standard Margin (%) HSBC Advance (%) HSBC Premier (%)
$0 - $24,999 9.00 4.25 4.25 4.25
$25,000 - $49,999 9.00 4.25 4.25 4.25
$50,000 - $99,999 9.00 4.25 4.00 3.75
$100,000 - $249,999 9.00 4.25 3.75 3.25
$250,000 and over 9.00 4.25 3.50 3.00



U.S. Debit and Credit Interest Rates




Updated 2016-02-16



U.S. Credit Interest Rates Standard Cash/RSP (%) HSBC Advance (%) HSBC Premier (%)
$0 - $24,999 0.0 0.0 0.0
$25,000 - $49,999 0.0 0.0 0.0
$50,000 - $99,999 0.0 0.0 0.0
$100,000 - $249,999 0.0 0.0 0.0
$250,000 and over 0.0 0.0 0.0






Updated 2016-12-16



U.S. Debit Interest Rates Standard Cash (%) Standard Margin (%) HSBC Advance (%) HSBC Premier (%)
$0 - $24,999 9.50 5.00 5.00 5.00
$25,000 - $49,999 9.50 5.00 4.75 4.75
$50,000 - $99,999 9.50 5.00 4.50 4.50
$100,000 - $249,999 9.50 5.00 4.25 4.10
$250,000 and over 9.50 5.00 4.10 3.85



GIC Rates

At HSBC InvestDirect, we offer you more GIC choices with better GIC rates.




Updated February 22, 2017



Short Term Canadian Dollar GIC Interest Options 30 day Maturity 60 day Maturity 90 day Maturity 120 day Maturity 180 day Maturity 270 day Maturity
Best Available Rates (% per annum) 0.95% 1.05% 1.1% 1.25% 1.35% 1.35%
Min. Purchase $5,000 $5,000 $5,000 $5,000 $5,000 $5,000



All rates represent annual rate of return. Rates are indicative only and are subject to change without notice.
The specified rate of interest is a fixed rate. Interest is calculated daily, starting with the date of purchase, but not including the date of maturity. Unless otherwise stated, interest is non-compounding. Interest is payable monthly, annually or at maturity.
GIC orders may not be cancelled or redeemed prior to maturity unless indicated as "cashable". Cashable GICs are redeemable prior to maturity, after 30 days.
Canadian dollar GICs with terms to maturity of 5 years or less are eligible for CDIC coverage. Some restrictions apply. Please see the CDIC website for complete details.






Updated February 22, 2017



Best Available Canadian Dollar GIC Interest Options 1 year Maturity 2 year Maturity 3 year Maturity 4 year Maturity 5 year Maturity
Non-Compounding Interest GICs with Annual Interest Payment (% per annum) 1.46% 1.56% 1.71% 1.87% 2.06%
Min. Purchase $5,000 $5,000 $5,000 $5,000 $5,000
- - - - - -
Compounding Interest GICs with Maturity Interest Payment (% per annum) - 1.56% 1.71% 1.87% 2.06%
Min. Purchase - $5,000 $5,000 $5,000 $5,000
- - - - - -
Non-Compounding Interest GICs with Monthly Interest Payment (% per annum) 1.3% 1.45% 1.61% 1.76% 1.92%
Min. Purchase $5,000 $5,000 $5,000 $5,000 $5,000



All rates represent annual rate of return. Rates are indicative only and are subject to change without notice.
The specified rate of interest is a fixed rate. Interest is calculated daily, starting with the date of purchase, but not including the date of maturity. Unless otherwise stated, interest is non-compounding. Interest is payable monthly, annually or at maturity.
GIC orders may not be cancelled or redeemed prior to maturity unless indicated as "cashable". Cashable GICs are redeemable prior to maturity, after 30 days.
Canadian dollar GICs with terms to maturity of 5 years or less are eligible for CDIC coverage. Some restrictions apply. Please see the CDIC website for complete details.



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1 HSBC Premier eligibility requires you to have an active Premier chequing account and maintain a $100,000 balance in combined personal deposits and investments with HSBC Bank Canada and its subsidiaries. Please refer to the Personal Service Charges / Statement of Disclosure for fees which may apply.

2 HSBC Advance is comprised of four products – HSBC Advance Chequing account, High Rate Savings Account (CAD), HSBC Advance MasterCard® and a personal line of credit. The HSBC Advance Chequing, MasterCard and personal line of credit are subject to credit adjudication and approval. You are eligible for HSBC Advance if you have a Total Relationship Balance (TRB) of $25,000 or more and/or a Total Mortgage Balance (TMB) of $150,000 or more. For more information about the eligibility criteria, the monthly fee and other fees, please refer to our Personal Service Charges Statement of Disclosure. HSBC Advance customers must also have a HSBC Advance Chequing Account (CAD). The monthly fee will be charged to your HSBC Advance Chequing Account (CAD) if you do not meet the eligibility criteria or fall within the following grace periods. A new HSBC Advance customer has 3 months from the date they open an account to meet the eligibility criteria. HSBC Advance customers under the Advance Newcomer program (for landed immigrants, foreign workers or new residents of Canada within the past three years) have 6 months from the date they open an account to meet the eligibility criteria. Transaction fees apply to HSBC Advance MasterCard (visit www.hsbc.ca for full MasterCard rates and fees). Transaction and other fees apply to the High Rate Savings Account and other banking services not included in HSBC Advance (refer to the Personal Service Charges Statement of Disclosure at www.hsbc.ca/servicecharge).

® MasterCard is a registered trademark of MasterCard International Incorporated. Used pursuant to license.

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

4 Based on qualified trades. Rates apply to online trades only. Options assignments and exercises are also counted as qualifying trades. All trade orders will be charged an applicable commission rate on a per order basis. For instance, if multiple trade orders are placed on the same day, for the same security, and on the same side of the market, each individual order is subject to the applicable commission rate. All commission fees are charged in the currency of the market. For option assignments and exercises, the regular stock commission schedule applies. All features, fees and commission rates will be current as of October 4th, 2011, and are subject to change without prior notice Available on online equity trades on North American markets. Subject to conditions.

The rates listed above are subject to change without notice.
No credit interest is paid when the amount payable is less than $5 (CDN or U.S.) and no debit interest is charged when the amount chargeable is less than $2 (CDN or U.S.).

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