Savings Account Interest Rates | HSBC Canada

Savings Account Interest Rates




Savings Accounts (Daily Interest, Paid Monthly)




Amount CAD High Rate Savings
on the entire balance when your daily closing balance is up to $24,999.99 0.50%
on the entire balance when your daily closing balance is between $25,000 and $49,999.99 0.80%
on the entire balance when your daily closing balance is between $50,000 and $99,999.99 1.05%
On the entire balance when your daily closing balance is $100,000.00 and over 1.15%



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 EUR High Rate Savings
on the entire balance when your daily closing balance is up to $24,999.99 0.05% 0.10% 0.10%
on the entire balance when your daily closing balance is between $25,000 and $49,999.99 0.15% 0.10% 0.10%
on the entire balance when your daily closing balance is between $50,000 and $99,999.99 0.20% 0.15% 0.15%
On the entire balance when your daily closing balance is $100,000.00 and over* 0.25% 0.20% 0.20%



** Note: No interest is paid on the portion of the balance in excess of $1,000,000.00



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.



Grandfathered - Accounts Maintained but no longer sold




Savings Accounts (Daily Interest, Paid Monthly)




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 between $25,000-$49,999 0.05% 0.20%
On the entire amount 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.



Amount HSBC Premier Youth Savings HSBC Advance Savings
on the entire balance when your daily closing balance is up to $24,999.99 0.50% 0.50%
on the entire balance when your daily closing balance is between $25,000 and $49,999.99 0.80% 0.70%
on the entire balance when your daily closing balance is between $50,000 and $99,999.99 1.05% 0.85%
On the entire balance when your daily closing balance is $100,000.00 and over 1.15% 0.90%



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.






TFSA High Rate Savings Account




Amount Interest Rate **
On the entire balance when your daily closing balance is up to $49,999.99 1.00%
On the entire balance when your daily closing balance is between $50,000 and $99,999.99 1.00%
On the entire balance when your daily closing balance is $100,000.00 and over * 1.00%



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






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 * 1.00%



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