Our Chequing Accounts
Unlimited withdrawals and deposits on your Premier chequing accounts (available in Canadian and US Dollar)
Free personalized cheques
No fees when you send an INTERAC e-Transfer® from your HSBC Premier chequing account (Canadian accounts only)
No fee access to 3,300 HSBC ATMs and THE EXCHANGE® ATMs across Canada and unlimited rebates on other banks ATMs in Canada (up to $2.00 rebate per withdrawal fee)
$0 wire transfer fees* when you send foreign exchange wire transfer less than $10,000
Bank drafts in Canadian Dollars, U.S. Dollars, and most other major world currencies
HSBC Premier Eligibility:
- 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
- Reach a Total Mortgage Balance of $500,000 or more
- Deposit $6,500 (CAD) or more to you HSBC Premier account(s) monthly plus confirmation of $100,000 or more in deposits and/or investments in Canada
Everyday banking essentials plus exclusive benefits including a dedicated Premier Relationship Manager as your one point of contact for all your financial needs.
As a new customer you have 6 months to qualify. During this period the Premier monthly fee will not be charged. A monthly fee of $34.95 will be charged if none of the Premier eligibility criteria is met.
The $25 monthly account fee is waived if you’re eligible**
Unlimited day-to-day HSBC Advance chequing account transactions1
5 rebates / month of ATM convenience fees when using a non-HSBC Bank Canada or non-Exchange Network ATMs2
Free INTERAC® e-transfers from your HSBC Advance chequing account
Complimentary no annual fee HSBC Advance Mastercard® with $150 spend bonus3
Easily view & transfer money online between your personal HSBC accounts in over 30 countries4
A smart collection of banking services designed to fit your life.
$14.95 covers all your everyday transactions5
Full-time secondary or post-secondary students pay a discounted monthly rate of $4.006
If you are 60 years of age or older, you will be exempt from the monthly fee7 (Canadian Dollar only)
Unlimited day-to-day banking, includes withdrawals, deposits, bill payments, direct payments, ATM transactions and more
Access funds online, by phone, in branch or via ATM
Exceptional value and convenient access to your money
Includes 14 free monthly transactions
No monthly fee for youth, students, seniors or Registered Disability Savings Plan (RDSP) beneficiaries
Low $4.00 monthly admin fee5
Access funds online, by phone, in branch or via ATM
A Low – Cost chequing account for people who make fewer transactions
Account Reconciliation Work Sheet
Use this work sheet to balance your bank statement:
- Download, print and fill in the blanks
- Follow the instructions on the form to see if your statement balances with your cheque record
1 Unlimited day-to-day banking includes cheques, withdrawals and deposits at HSBC Branches and ATMs in Canada, HSBC Telephone and Mobile banking (Canada), withdrawals at more than 3,500 ATMs on THE EXCHANGE Network and Interac® debit purchases at retailers across Canada.
3 If you are eligible for the HSBC Advance Relationship Bonus, it will be applied to your HSBC Bank Canada Canadian dollar personal savings account in your name (either solely or jointly) or your HSBC Bank Canada residential mortgage to which you are a party. The HSBC Bank Canada residential mortgage account or HSBC Bank Canada personal savings account must be in good standing at the time of payment of the Relationship Bonus by us. If you do not make an account selection in time for the application of the Relationship Bonus, it will be applied to your HSBC Bank Canada personal savings account or, if you do not have an HSBC Bank Canada personal savings account, to your HSBC Bank Canada residential mortgage account. If you do not have either account, you will be ineligible for the Relationship Bonus. See the HSBC Advance Cardholder Manual for further details.
4 Global View and Global Transfers are not available in all countries and territories where HSBC Advance is 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.
5 Covers account related activity fees. Sundry services are subject to regular fees as outlined in the Personal Service Charges/Statement of Disclosure brochure.
6 Student discount is available to customers age 18 years or older with proof of enrollment in a full-time secondary or post-secondary education program. The discount is effective starting from the date we confirm your enrollment until the graduation date you tell us. If your graduation date changes, please let us know to ensure your discount continues. Additional fees paid before proof of enrollment is confirmed may not be refunded.
7 Seniors discount is available to customers age 60 years or older. When you turn 60, please let us know. You will get the Senior Discount only after you let us know you are over 60 and provide proof of age. Fees paid before proof of age is confirmed may not be refunded.
Rates are subject to change without notice. For more information and to confirm most recent rates, please contact any HSBC branch.
* The fee for sending wire transfers valued under $10,000 CAD equivalent from HSBC Bank Canada personal accounts is waived if the currency of the wire is different from the account currency. The CAD equivalent is determined at the time the transfer is processed. Exchange rate will apply; transfers may incur agency and/or beneficiary bank fees.
**When you 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
Canadian Deposit Insurance Corporation
Some HSBC accounts and deposit products up to certain dollar amounts are eligible for insurance under the Canada Deposit Insurance Corporation Act (CDIC). Learn more about CDIC and how CDIC Deposit Insurance works:
• Visit http://www.cdic.ca/
• Read "Protecting Your Deposits." Visit CDIC to download a copy.
Please note some products, such as foreign currency accounts, are not eligible for CDIC Deposit Insurance.