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Wherever your studies take you, we'll be there.

Our HSBC Canada Newcomers Program for

International Students, valued up to $600*.

Start banking with us.

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

You may be eligible for our Newcomers Student program if you’ve been living in Canada for less than 3 years.

Already in Canada?

Not in Canada yet?

  • Get a $100 Student Joining Bonus

    When you open an eligible HSBC chequing account, sign up for Online banking and make a minimum deposit1.

  • Get a $50 one-time bonus

    When you open a new HSBC Investment Funds2 non-registered account and set up a Pre-Authorized Contribution Plan.

  • Get a $50 cash bonus

    When you make two bill payments through online banking or mobile banking within 3 months.

  • Get a $50 cash bonus

    When you send two foreign exchange global wire transfers within 6 months.

  • Get a $100 cash bonus

    When you work while you study, and set up your recurring payroll within 6 months of opening your HSBC chequing account.

  • Get a $51 cash bonus

    When you sign up for a safety deposit box3 to keep your valuable documents and keepsakes safe.

  • Get a $50 cash bonus

    When you make two separate reoccurring pre-authorized transactions within 3 months.

  • Get up to $149 annual fee rebate (or up to 30,000 Points)

    When you apply for an eligible credit card within 3 months.

And with the HSBC Canada Newcomers Program for International Students, you also get:

No monthly banking fee

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

An HSBC credit card

With no credit history in Canada, you could get an HSBC credit card with up to $1,000 credit limit4.

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


Applying for the Canadian immigration Student Direct Stream program?

To see how we can help you with fast-tracking your visa application, go to our International Student Program page.

Multiple ways to get you started

More reasons for you to bank with HSBC

Multi-currency savings account

High rate and regular foreign savings accounts, available in many of the world’s major currencies.

Global View and Global Transfer 

HSBC’s Global View and Global Transfers5 makes accessing and transferring your money between your personal HSBC accounts worldwide, simple.

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.



Issued by HSBC Bank Canada and HSBC Investment Funds (Canada) Inc. ("HIFC")

* Terms and conditions apply.

World Elite and Mastercard are registered trademarks, and the circles design and tap & go are trademarks of Mastercard International Incorporated.  Used pursuant to license.

TM HSBC +Rewards is a trademark of HSBC Group Management Services Limited. Used pursuant to license

To be eligible for the Student Chequing or Youth Savings Welcome Offer, you must be an international student with a valid Canadian study permit and be qualified as a Newcomer Student. You and any individual holding the Student Chequing or Youth Savings Account with you must open a Student Chequing or Youth Savings Account in the Offer Period, which must be in good standing for the Student Chequing or Youth Savings Welcome Offer to be paid; deposit a minimum of $1,000 CAD in Total Relationship Balance with HSBC within thirty (30) calendar days of Student Chequing or Youth Savings account opening and hold it for a period of three (3) calendar months; be a New HSBC Customer; register for HSBC Online Banking within thirty (30) calendar days of account opening (ninety calendar days for the customers opening account through International Banking Center); and comply with all relevant terms and conditions for products you open with HSBC.

The HSBC Youth Savings Account is only available to you until you turn 19, unless you qualify for the Premier benefit. HSBC Premier Benefit - This account is available for youths under 28 years of age if at the time of account opening, the parent/guardian of the youth is an HSBC Premier customer.

Before you turn 19 or 28 for Premier children/dependents, we will notify you and invite you to convert the Youth Savings Account into the right bank account to meet your needs. If you do not take action, the Youth Savings Account will automatically convert to the High Rate Savings Account (see Personal Service Charge Fee Disclosure for details about account fees) on the day you turn 19 or 28 for Premier children/dependents. The age restriction and the automatic conversion do not apply to accounts opened as Premier Youth Savings accounts prior to November 2019.

The Student Chequing Account is available for full-time post-secondary students with proof of enrollment for a 5-year period after account opening. An additional 2 years will be granted with proof of post-secondary enrollment. You must also be at the age of majority in your province. Before your eligibility period expires, we will notify you and invite you to convert the Student Chequing Account into the right bank account to meet your needs. If you do not take action, the Student Chequing Account will automatically convert to the Performance Chequing Limited Account (see Personal Service Charges Statement of Disclosure for account details and fees) on the date indicated on your notification.

For full details regarding fees which may apply to HSBC Student Chequing Account or HSBC Youth Savings Account, please refer to the Personal Service Charges / Statement of Disclosure available at any HSBC Bank Canada branch or online at

 To be eligible for the Regular Investing Bonus Reward Offer, you must open a new HSBC Investment Funds (HIFC)1 non-registered account; set up a PAC Plan for your new non-registered account within 6 months of opening your Eligible Account; make monthly contributions of at least $100CAD for 12 consecutive months into your new non-registered account through your PAC Plan. This monthly contribution can be made as a lump sum at one time or in smaller amounts during the month;be the age of majority in the province or territory where you reside; and account opening and investment recommendations are subject to standard account approvals and required suitability assessment. If you meet all the conditions of eligibility, a bonus of $50CAD will be paid to you by cheque sent to your address on record at HSBC within 3 months after 12 consecutive months of PAC Plan contributions have been made.The terms of this offer are in addition to the standard account terms and conditions. If there is an inconsistency, then the HIFC account terms and conditions take priority. If you cancel or decrease your monthly contributions under the PAC Plan to below $100CAD at any time during the 12 months you will not be eligible to receive the bonus. Contribution made under this offer cannot be used to qualify for another HIFC bonus offer. You do not have to participate in this offer to be able to open an investment account and/or start a pre-authorized contribution plan with us. You can do those activities separately.

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

AMCA is the manager and primary investment advisor for the HSBC Mutual Funds. HIFC is the principal distributor of the HSBC Mutual. 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 and Fund Facts before investing. Mutual funds are not guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other deposit insurer. The net asset values of all mutual funds, including the HSBC Mutual Funds, 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.

All products and services of HIFC and AMCA are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. Please contact your HSBC Mutual Fund Advisor for more details. These Terms and Conditions should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.

™ HSBC Wealth Compass is a trade-mark of HSBC Group used under license by HIFC.

You 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.

HSBC 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).

 Global 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.

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