Banking for International Students | HSBC

Our HSBC Canada Newcomers Program for International Students
valued up to $300*
Start banking with us.

Wherever life is moving you for your studies, HSBC is here to help welcome you to Canada.

Complimentary Banking

No monthly banking fees for 12 months for HSBC Chequing accounts.

An HSBC Mastercard®

With no Canadian credit history, you could get up to a $500 credit limit4.

Save for your next goal

Get a 1% Bonus Interest rate on a 1-year Guaranteed Investment Certificate (GIC)5

For full offer details, please read the Terms and Conditions here.



There are many more reasons for you to bank with HSBC

Multi-currency Savings account access

Access your foreign currencies when you need to with our high rate and regular Savings accounts. Currencies include: Renminbi, US Dollar, Great British Pound, Euro and Hong Kong Dollar.

Convenient banking

With branches open late and on Saturdays and with over 3,500 HSBC ATMs from coast to coast, we've got you covered.

Global View and Global Transfer

HSBC's Global View and Global Transfers makes accessing and transferring your money7 between your personal HSBC accounts worldwide, simple.

Issued by HSBC Bank Canada.

*Terms and conditions apply.

®/TMMastercard is a registered trademarks and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to license.

1To be eligible, you must be an international student with a valid Canadian study permit and be qualified as a Newcomer Student. You must deposit a minimum $500 CAD total balance in the Eligible Account within one (1) month of opening the Eligible Account. You must register for HSBC Online Banking within one (1) month of opening an Eligible Account. You must not have received any other HSBC welcome offers with respect to the Eligible Account including but not limited to a Premier welcome offer, an Advance welcome offer or an HSBC Personal Banking offer. You must open an Eligible Account at an HSBC Bank Canada Branch.

HSBC Premier requires you to have an active HSBC Premier chequing account, and maintain combined personal deposits and investments with HSBC Bank Canada and its subsidiaries of $100,000 or hold a personal HSBC Bank Canada residential mortgage with original amount of $500,000 or greater. Some exclusions apply. A monthly fee will be charged if you do not meet at least one of the eligibility criteria above. For full details regarding eligibility and any fees which may apply please refer to the Personal Service Charges/Statement of Disclosure available at any HSBC Bank Canada branch or online at www.hsbc.ca.

HSBC Advance requires you to have an active HSBC Advance chequing account, and maintain combined personal deposits and investments with HSBC Bank Canada and its subsidiaries of $5,000 or hold personal HSBC Bank Canada residential mortgage with original amount of $150,000 or greater. Some exclusions apply. A monthly fee will be charged if you do not meet at least one of the eligibility criteria above. For full details regarding eligibility and any fees which may apply please refer to the Personal Service Charges/Statement of Disclosure available at any HSBC Bank Canada branch or online at www.hsbc.ca.For full details regarding fees which may apply to Performance Chequing Unlimited account, please refer to the Personal Service Charges/Statement of Disclosure available at any HSBC Bank Canada branch or online at www.hsbc.ca/servicecharge.

2 To be eligible for the Regular Investing Bonus Offer, you must open a new HSBC mutual funds non-registered account and set up a Pre-Authorized Contribution Plan in connection with that account at an HSBC Canada Branch and qualify for the HSBC Canada Newcomers Program. The Pre-Authorized Contribution Plan must be a minimum contribution of $100 on a monthly basis and remain active for a minimum of twelve (12) months from the date the Pre-Authorized Contribution Plan is opened. All mutual fund investments are subject to account eligibility requirements and standard suitability assessment. Accounts open online through HSBC Wealth CompassTM are not eligible for the Regular Investing Bonus Offer. The Regular Investing Bonus Offer will be paid by cheque sent to your address on record with HSBC within three (3) months after the account has completed twelve (12) months of good standing and meeting the Regular Investing Bonus Offer criteria set out in s.10(a) of the HSBC Canada Newcomers Program Terms and Conditions. The Regular Investing Bonus Offer applies only to HSBC mutual funds non-registered accounts offered by HIFC and is available to HIFC customers who have achieved the age of majority in their province of residence. If you cancel or decrease your Pre-Authorized Contribution Plan amount at any time within the twelve (12) months following the initial Pre-Authorized Contribution Plan installment you will not be eligible for the Regular Investing Bonus Offer.

HSBC Investment Funds (Canada) Inc. (HIFC) is a direct subsidiary of HSBC Global Asset Management (Canada) Limited and an indirect subsidiary of HSBC Bank Canada, and provides its services in all provinces of Canada except Prince Edward Island. HSBC Global Asset Management (Canada) Limited is a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada and provides its services in all provinces of Canada except Prince Edward Island.

AMCA is the manager and primary investment advisor for the HSBC Mutual Funds. HIFC is the principal distributor of the HSBC Mutual Funds. HSBC Mutual Funds are also distributed through authorized dealers. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus, Fund Facts, and other disclosure documents before investing. Mutual funds are not guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other deposit insurer or financial institution. The net asset values of all mutual funds, including the HSBC Mutual Funds, may change frequently and any past performance may not be repeated. For money market funds, there can be no assurances that such funds will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you.

3You must open an HSBC safety deposit box at any HSBC branch in Canada where the service is offered within six (6) months of opening your Eligible Account; and pay the required safety deposit box fees prorated for current year and in full for the next year from your eligible account.

4HSBC Mastercard is subject to standard HSBC credit review and approval. HSBC Advance Mastercard is available to HSBC Advance customers. HSBC Premier Mastercard is available to HSBC Premier customers. HSBC Premier World Elite® Mastercard® is available to HSBC Premier customers with a minimum annual gross personal income of $80,000 or a minimum annual gross household income of $150,000 or a minimum of $400,000 in assets under management (based on liquid, investable assets with financial institutions in Canada).

5The annual rate of interest that will apply to your qualified 1 year redeemable or non-redeemable GIC is the rate that is 1% higher than the rate posted at www.hsbc.ca on the start date of your qualified GIC for a 1 year redeemable or non-redeemable GIC. Interest is calculated daily, interest is not compounded and is paid at maturity. The GIC Bonus Rate Offer is available for 1-year Non-Redeemable and 1-year Redeemable Guaranteed Investment Certificates that are issued in respect of deposits made in Canadian dollars for an amount between $1,000 CAD and $500,000 CAD; not held in any registered plan, such as Registered Retirement Savings Plan, RRIF or Tax Free Savings Account, and issued to one or more individuals who qualify for the HSBC Canada Newcomers Program within 6 months of the opening of any sole or joint Eligible Account held or closed by such persons. You can obtain more information about GICs at http://www.hsbc.ca/1/2/personal/investing/products-and-services/gic, at your local HSBC Bank Canada branch or at 1-888-310-HSBC (4722).

6Global View and Global Transfers are not available in all countries and territories where HSBC Premier and HSBC Advance are offered. Certain services offered by members of HSBC in Canada may be restricted or unavailable if you move to another jurisdiction or are in another jurisdiction due to the local laws of that jurisdiction. HSBC Group may, however, be able to provide similar services through its members in that jurisdiction. A full list of available countries and a demo can be viewed online.

7Regular account transaction fees may apply per transaction depending on your account package.

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