All Rates Tables

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Our Rates - As of

 

Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch. Interest rates are expressed on a per annum basis. New accounts receive interest from the date of opening.



Business Accounts Rates

For all accounts, interest is calculated based on the entire daily balance and paid monthly unless otherwise noted.




HSBC Bank Canada Cash Management Account Reference Rate*




Updated 2018-11-13



CAD USD
3.30% 4.65%



*is a reference interest rate used to determine the annual interest rate applicable to deposit balances held in your Cash Management account(s). For more information, contact a relationship manager at a branch near you.






HSBC BusinessVantage Account




Updated 2018-11-29



On the portion of your daily closing balance CAD USD
Between $5,000.00* and $24,999.99 0.00% 0.185%
Between $25,000.00 and $49,999.99 0.00% 0.185%
Between $50,000.00 and $99,999.99 0.00% 0.185%
Between $100,000.00 and $249,999.99 0.00% 0.185%
Between $250,000.00 and $1,000,000.99** 0.01% 0.185%



* No interest is paid if the daily closing balance is under $5,000
**No interest is paid on the portion of the daily balance over $1,000,000.99






Community Service Account




Updated 2015-07-21



CAD
On the entire balance 0.01%






Commercial Savings Account




Updated 2018-11-29



Canadian Dollar US Dollar Chinese Renminbi
On the entire balance 0.01% 0.225% 0.00%






Foreign Currency Savings Accounts




Updated 2014-07-14



Can be opened with the following account types: • Business Savings Account • Commercial Investment Account • Commercial Savings Account



Currency Interest
Swiss Franc 0.00%
British Pound 0.05%
Japanese Yen 0.00%
Euro 0.00%
Hong Kong Dollar 0.05%



Note: Foreign currency deposits are not eligible for CDIC coverage.






Commercial Investment Account




Updated 2018-11-13



CAD USD
Annual Rate 1.75% 1.05%



The Commercial Investment Account rate applies to the entire balance, when the daily closing balance is between $1,000,000.00 and $100,000,000.99.
No interest paid if daily closing balance under $1,000,000.00
No interest paid for balances greater than $100,000,000.99






Notice Account Reference Rate*




Updated 2018-12-21



CAD USD
Annual Rate 1.675% 2.050%



*is a reference interest rate used to determine the annual interest rate applicable to deposit balances held in your Notice Deposit account. For more information, contact a relationship manager at a branch near you.






Business Savings Account




Updated 2018-11-19



CAD Promotional Annual Interest Rate (CAD)**
On the entire balance, when the daily closing balance is between $25,000.00* and $499,999.99 1.20% 2.20%
On the entire balance, when the daily closing balance is between $500,000.00 and $999,999.99 1.50% 2.20%
On the entire balance, when the daily closing balance is between $1,000,000.00 and $4,999,999.99 1.65% 2.20%
On the entire balance, when the daily closing balance is $5,000,000.00 or higher 1.70% 2.20%



*No interest paid if the daily closing balance is under $25,000.00



Updated 2018-11-29



USD Promotional Annual Interest Rate (USD)**
On the entire balance 0.225% 2.00%



*View Promotion Rate Terms and Conditions

 

Small Business Banking Rates




HSBC Small Business High Rate Savings Account




Updated 2018-11-02



Regular Annual Interest Rate (CAD) Promotional Annual Interest Rate (CAD)*
On the entire balance, when the daily closing balance is between $0.00 and $49,999.99 0.50% 2.50%
On the entire balance, when the daily closing balance is between $50,000.00 and $199,999.99 0.60% 2.50%
On the entire balance, when the daily closing balance is between $200,000.00 and $499,999.99 0.80% 2.50%
On the entire balance, when the daily closing balance is between $500,000.00 and $999,999.99 1.00% 2.50%
On the entire balance, when the daily closing balance is between $1,000,000.00 and $9,999,999.99 1.20% 2.50%
No interest paid for balances greater than $10,000,000.00 0.00% 0.00%



Updated 2018-12-17



Regular Annual Interest Rate (USD) Promotional Annual Interest Rate (USD)*
On the entire balance 0.25% 2.00%



Sheet not found.



Savings Accounts




Amount CAD High Rate Savings
on the entire balance when your daily closing balance is up to $24,999.99 0.55%
on the entire balance when your daily closing balance is between $25,000 and $49,999.99 1.10%
on the entire balance when your daily closing balance is between $50,000 and $99,999.99 1.15%
On the entire balance when your daily closing balance is 100,000.00 and over 1.25%



Interest rates are expressed on a per annum basis. Interest paid monthly and calculated on daily closing balance. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.



Amount USD High Rate Savings GBP High Rate Savings* EURO High Rate Savings*
on the entire balance when your daily closing balance is up to $24,999.99 0.10% 0.10% 0.00%
on the entire balance when your daily closing balance is between $25,000 and $49,999.99 0.20% 0.10% 0.00%
on the entire balance when your daily closing balance is between $50,000 and $99,999.99 0.25% 0.15% 0.00%
On the entire balance when your daily closing balance is $100,000.00 and over* 0.30% 0.20% 0.00%



* Note: No interest is paid on the portion of the balance in excess of $1,000,000.00 on GBP and EUR currency savings account.



Interest rates are expressed on a per annum basis. Interest paid monthly and calculated on daily closing balance. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.



Grandfathered - Accounts Maintained but no longer sold




Savings Accounts




Amount Regular Savings Investment Savings
On the portion of your daily closing balance over $100,000 0.05% 0.40%
On the portion of your daily closing balance between $50,000-$99,999 0.05% 0.30%
On the entire amount when your daily closing balance is between $25,000-$49,999 0.05% 0.20%
On the entire amount when your daily closing balance is between $5,000-$24,999 0.05% 0.10%
On the entire balance when your daily closing balance is between $0-$4,999 0.05% 0.00%



Interest rates are expressed on a per annum basis. Interest paid monthly and calculated on daily closing balance. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.



Amount HSBC Premier Youth Savings Account Interest Rate HSBC Advance Savings Account
on the entire balance when your daily closing balance is up to $24,999.99 0.55% 0.10%
on the entire balance when your daily closing balance is between 25,000 and 49,999.99 1.10% 0.30%
on the entire balance when your daily closing balance is between 50,000 and 99,999.99 1.15% 0.45%
On the entire balance when your daily closing balance is 100,000.00 and over 1.25% 0.50%



Interest rates are expressed on a per annum basis. Interest paid monthly and calculated on daily closing balance. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.






Foreign Currency Savings Accounts




Currency Interest
Hong Kong Dollar 0.05%
Renminbi Savings Account 0.00%



Interest rates are expressed on a per annum basis. Interest paid monthly and calculated on daily closing balance. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.



Amount USD High Rate Savings GBP High Rate Savings EURO High Rate Savings
on the entire balance when your daily closing balance is up to $24,999.99 0.10% 0.10% 0.00%
on the entire balance when your daily closing balance is between $25,000 and $49,999.99 0.20% 0.10% 0.00%
on the entire balance when your daily closing balance is between $50,000 and $99,999.99 0.25% 0.15% 0.00%
On the entire balance when your daily closing balance is $100,000.00 and over* 0.30% 0.20% 0.00%



* Note: No interest is paid on the portion of the balance in excess of $1,000,000.00 on foreign currency savings account.



Interest rates are expressed on a per annum basis. Interest paid monthly and calculated on daily closing balance. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.



Grandfathered Savings Accounts (Accounts maintained but no longer sold)




Currency Interest
U.S. Dollar 0.05%
Swiss Franc 0.00%
British Pound 0.05%
Japanese Yen 0.00%
Euro 0.00%
Australian Dollar 0.05%



Interest rates are expressed on a per annum basis. Interest paid monthly and calculated on daily closing balance. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.



 

Term Investments




Non-Redeemable Guaranteed Investment Certificate




If you wish to invest your funds for a fixed term to receive our highest fixed term interest.



Term Length Monthly Interest (min. $5000) Semi-annual Interest (min. $1000) Annual Interest (min. $1000) Annual Compound Interest (min. $1000) Interest at Maturity (min. $5000)
30 Days - - - - 0.20%
60 Days - - - - 0.40%
90 Days 0.95% - - - 0.95%
120 Days 0.95% - - - 0.95%
180 Days 1.00% - - - 1.00%
270 Days 1.10% - - - 1.10%
1 year 1.40% 1.40% 1.40% 1.40% 1.40%
2 years 1.50% 1.50% 1.50% 1.50% -
3 years 2.00% 2.00% 2.00% 2.00% -
4 years 2.10% 2.10% 2.10% 2.10% -
5 years 2.20% 2.20% 2.20% 2.20% -



For non-compounded interest option, interest is calculated daily, non-compounded and paid at the interval as opted by you (which may be monthly, semi-annually, annually or at maturity). For compounded interest option, interest is caculated daily, compounded annually and paid at maturity. No early redemption.



Select Term Deposits and GICs booked through HSBC's Online Banking may be eligible for special pricing. Log on to Online Banking for more details.






Redeemable GIC




Term Length Interest Rate (min. $1000)
Available for 1 year term only. 1.15%



Redeemable on or after 90 days with no interest penalty. Redeemable at 0% interest during the first 89 days. Interest is calculated daily, non-compounded and paid at time of redemption or at maturity.



Select Term Deposits and GICs booked through HSBC's Online Banking may be eligible for special pricing. Log on to Online Banking for more details.



Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.






Foreign Currency Term Deposits




Ask us about our foreign currency term deposits (minimum deposit $100,000 Canadian equivalent) if you wish to earn a guaranteed rate of interest on your other foreign funds.






Canadian Dollar Term Deposits




If you wish to earn interest at a guaranteed rate and take advantage of a fixed term with the option to redeem at any time.



Term Length Monthly Interest (min. $5000) Semi-annual or Annual Interest (min. $1000) Maturity Interest (min. $5000)
30 days - - 0.15%
60 days - - 0.20%
90 days 0.70% - 0.70%
120 days 0.75% - 0.75%
180 days 0.85% - 0.85%
270 days 0.90% - 0.90%
1 year 1.10% 1.10% 1.10%
2 years 1.20% 1.20% -
3 years 1.60% 1.60% -
4 years 1.75% 1.75% -
5 years 1.80% 1.80% -



Redeemable prior to maturity with no interest paid. Interest 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). Rates available on request for deposits of $100,000 or more.



Select Term Deposits and GICs booked through HSBC's Online Banking may be eligible for special pricing. Log on to Online Banking for more details.






U.S. Dollar Term Deposits




If you wish to earn interest at a guaranteed rate on your U.S. funds



Term Length Maturity Interest (min. USD$5000)
30 days 0.65%
60 days 0.80%
90 days 0.95%
120 days 1.00%
180 days 1.45%
270 days 1.75%
1 year 2.00%



Redeemable prior to maturity with no interest paid. Interest is calculated daily, not compounded and paid at maturity. Rates available on request for deposits over $100,000.



Select Term Deposits and GICs booked through HSBC's Online Banking may be eligible for special pricing. Log on to Online Banking for more details.



 

Registered Plans (TFSA, RRSP and RRIF products)







TFSA High Rate Savings Account




Amount Interest Rate **
On the entire balance when your daily closing balance is up to $49,999.99 1.15%
On the entire balance when your daily closing balance is between $50,000 and $99,999.99 1.15%
On the entire balance when your daily closing balance is $100,000.00 and over * 1.15%



* No interest is paid on the portion of the balance in excess of $1,000,000.00.
** Interest paid monthly and calculated on daily closing balance.



HSBC Advance TFSA - Effective October 1, 2013, the HSBC Advance Tax Free Savings Account is no longer being offered.




Amount Interest Rate **
On the entire balance when your daily closing balance is between $0 and $1,000,000.00 * 1.15%



* No interest is paid on the portion of the balance in excess of $1,000,000.00.
** Interest paid monthly and calculated on daily closing balance.



TFSA Redeemable GIC




Term Length Interest Rate
1 year term only (min. $1,000) 1.15%



Redeemable on or after 90 days with no interest penalty. No interest paid if redeemed within 1-89 days. Interest is calculated daily, non-compounded and paid at time of redemption or at maturity.
Select Term Deposits and GICs booked through HSBC's Online Banking may be eligible for special pricing. Log on to Online Banking for more details.



TFSA Term Deposits




Short Term Monthly Interest (min. $5,000) Interest at maturity (min. $5,000)
30 days - 0.20%
60 days - 0.40%
90 days 0.95% 0.95%
120 days 0.95% 0.95%
180 days 1.00% 1.00%
270 days 1.10% 1.10%



Long Term Monthly Interest (min. $5,000) Semi-annual or Annual Interest (min. $1000)
1 year 1.40% 1.40%
2 years 1.50% 1.50%
3 years 2.00% 2.00%
4 years 2.10% 2.10%
5 years 2.20% 2.20%



Redeemable prior to maturity receive no interest. Interest is not compounded and is paid at the interval as opted by you (which may be monthly, semi-annually, annually or at maturity). Rates available on request for deposits of $100,000 or more.
Select Term Deposits and GICs booked through HSBC's Online Banking may be eligible for special pricing. Log on to Online Banking for more details.






RRSP & RRIF Fixed Rate Options (Annual Compound Interest)




If you wish to earn a guaranteed rate of return.



Term Length $49,999 and less $50,000 and over
6-11 months 1.00% 1.00%
12-17 months 1.40% 1.40%
18-23 months 1.40% 1.40%
24-29 months 1.50% 1.50%
30-35 months 1.50% 1.50%
36-41 months 2.00% 2.00%
42-47 months 2.00% 2.00%
48-53 months 2.10% 2.10%
54-59 months 2.10% 2.10%
60 months 2.20% 2.20%



$500 mimimum deposit. For RRSPs, redeemable prior to maturity with no interest paid. For RRIFs, redeemable before maturity at a competitive early redemption rate and no interest is paid if redeemd prior to maturity for the purpose of transferring the funds to another bank. Interest is calculated daily, paid on the anniversary date of issue and compounded annually at the fixed rate for terms greater than one year. For terms less than one year, interest is calculated daily, non-compounded and paid at maturity.






HSBC RRSP Ascending Rate GIC™




Year Issue Rate Redemption Rate
Year 1 0.75% 0.00%
Year 2 0.90% 0.00%
Year 3 1.20% 1.20%
Year 4 1.70% 1.70%
Year 5 3.50% 3.50%
5 Year yield 1.61% -



$500 minimum deposit. No penalties if redeemed on the 3rd or 4th anniversary dates or on the Maturity Date. No interest paid on redemptions during the 1st and 2nd year. Interest is calculated daily. When held until maturity, you will receive the Issue Rate of interest for each applicable year compounded annually, on the anniversary date (or next business day).



Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.



HSBC RRSP Ascending Rate GIC™ is a registered trade-mark of HSBC Holdings plc. Used pursuant to license.






RRSP & RRIF Savings Option




If you need access to your funds…



On the entire amount when your daily closing balance is: Current 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. All term investments, including RRSPs and RRIFs are offered through HSBC Bank Canada with the exception of Guaranteed Investment Certificates which are also offered through HSBC Mortgage Corporation (Canada).






 

Residential First Mortgage Rates - Offered by HSBC Bank Canada




Fixed Rate Mortgages




Open Term Rate Closed Term Rate
6 months 7.10% 6 months 3.69%
1 year 6.35% 1 year 3.44%
2 year 3.64%
3 year 3.69%
4 year 4.29%
5 year 5.04%
7 year 5.64%
10 year 6.24%






Variable Rate Mortgages**




Open Term Rate Closed Term Rate
3 year 5.45% 5 year 4.05%






Prime Rate / US Base Rate




Prime Rate US Base Rate
Rate per annum 3.95% 6.00%






HSBC Trust Company (Canada)




Grandfathered Accounts Maintained but no longer sold




RRSP & RRIF Fixed Rate Options (Annual Compound Interest)




Term Length $49,999 and less $50,000 and over
6-11 months 1.00% 1.00%
12-17 months 1.40% 1.40%
18-23 months 1.40% 1.40%
24-29 months 1.50% 1.50%
30-35 months 1.50% 1.50%
36-41 months 2.00% 2.00%
42-47 months 2.00% 2.00%
48-53 months 2.10% 2.10%
54-59 months 2.10% 2.10%
60 months 2.20% 2.20%



For RRSPs, redeemable prior to maturity with no interest paid. For RRIFs, redeemable before maturity at a competitive early redemption rate and no interest is paid if redeemed prior to maturity for the purpose of transferring the funds to another bank. Interest is calculated daily, paid on the anniversary date of issue and compounded annually at the fixed rate for terms greater than one year. For terms less than one year, interest is calculated daily, non-compounded and paid at maturity.






HSBC Trust Company (Canada)




Grandfathered Accounts Maintained but no longer sold




RRSP & RRIF Savings Option




On the entire amount when your daily closing balance is: Current Rate
Between $0 - $49,999 0.20%
Between $50,000 - $99,999 0.25%
Between $100,000 - $1,000,000 0.50%



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.



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