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Get up to $1,650 in value as part of the HSBC Newcomers Program

Start your life in Canada with a banking partner that can help you open up new opportunities while staying connected to your life back home.

Start by opening an eligible chequing account today and get up to $500* in cash back

Premier Chequing

Welcome Bonus: Get up to $500*

 

A bank account - for you and your family - including priority service, exclusive privileges and global banking solutions.
 

1. Open a Premier chequing account, register for online banking within 30 days and complete 2 of the 4 actions mentioned below to get $300

  • Set up recurring payroll within 6 months of opening your account
  • Send 2 separate merchant pre-authorized debits within 3 months of opening your account
  • Send 2 INTERAC e-transfers® to separate parties within 3 months of opening your account
  • Make 2 online bill payments, to 2 separate merchants, within 3 months of opening your account

2. Open the account online and get $100

3. Deposit $25,000 CAD within 1 month of account opening, maintain it for 6 months and get $100 more

Advance Chequing

Welcome Bonus: Get up to $400*

 

An account that gives you the flexibility to bank on your own terms with unlimited chequing account6 transactions and waived INTERAC e-Transfer® fees.


1. Open an Advance chequing account, register for online banking within 30 days and complete 2 of the 4 actions mentioned below to get $300 

  •  Set up recurring payroll within 6 months of opening your account
  • Send 2 separate merchant pre-authorized debits within 3 months of opening your account
  • Send 2 INTERAC e-transfers® to separate parties within 3 months of opening your account
  • Make 2 online bill payments, to 2 separate merchants, within 3 months of opening your account

2. Open the account online and get $100

Unpack up to $1,168 in additional cash back and savings

  • Get up to $649 in total value1a1b when you open an HSBC World Elite® Mastercard® by February 28, 2023. Conditions apply.
  • Save up to $419 in waived monthly banking fees on your eligible account for up to 12 months
  • Get $50 when you send two International Foreign Exchange wire transfers within 6 months of eligible account opening
  • Get $50 when you open a safety deposit box at a branch within 6 months of eligible account opening

Welcome Bonus Terms and Conditions

Make your travels even more rewarding while building your Canadian credit history

Reward your global lifestyle with an HSBC World Elite Mastercard. Apply by February 28, 2023 to get up to $649 in total value1a1b.

  • Receive a Welcome Bonus of 20,000 points1a ($100 travel value)
  • Earn 40,000 points1a when you spend $6,000 within 180 days of account opening ($200 travel value)
  • Earn 20,000 points1a as an anniversary bonus ($100 travel value)
  • Get a full annual fee rebate for the primary cardholder for the first year1a ($149 value) and
  • Receive a $100 annual travel enhancement credit1b

Plus, get up to a $25,000 credit limit with your new credit card4.

Conditions Apply.

Get travel benefits that go beyond the ordinary - earn 3%2 in travel rewards on all eligible travel purchases and pay no foreign transaction fees3 (only the exchange rate will apply).

Primary cardholder annual fee : $149 (enjoy an annual fee rebate if you're an HSBC Premier or Advance client9)

Supplementary card annual fee : $0 per card

Annual interest on purchases : 20.99% (19.9% for Quebec residents)

Annual interest on cash advances and balance transfers : 22.99% (21.99% for Quebec residents)

Rates & fees

Eligibility for the HSBC World Elite Mastercard is subject to meeting qualification requirements1.

Start your life in Canada with a banking partner who knows where you're coming from

Easily view and transfer money between your personal HSBC accounts in over 30 countries. Learn more about Global View and Global Transfers5.

Take control of your international banking with a range of foreign exchange (FX) services.

HSBC customers get up to an additional 6 months (for total of 12 months) of no monthly banking fees on HSBC chequing accounts.

HSBC Partnerships & Offers

Starting a new business in Canada?

Whether you recently arrived or are still abroad, discover how we can help get your small business off to a great start with special offers.

Fantuan Delivery

Get up to $1457 in value on delivery charges and food discounts with Fantuan Delivery as a new
HSBC customer.

PhoneBox Mobile

Get a one-month free mobile service for the $358 plan with discounted mobile phone plans at PhoneBox as a new HSBC customer

Other ways to get started

Not sure which chequing account is the one for you?

* Terms and conditions apply. Offer value is composed of multiple products, valid from May 16, 2022. Credit card offer expires February 28, 2023.

 “Newcomer” means a person who is not a citizen of Canada, who has reached the age of majority in his or her province or territory of residence in Canada and who either (i) obtained a permanent resident status in Canada within the past five (5) years before opening the Eligible Product or (ii) holds a valid Canadian work permit (excluding a Co-op/Internship Program Work Permit) issued for a term of twelve (12) months or greater within the past five (5) years before opening the Eligible Product.

“Newcomer Youth & Student” means a person who is not a citizen of Canada, does not qualify as a Newcomer, and holds a valid Canadian study permit issued for a term of twelve (12) months or greater within the past three (3) years, before opening the Eligible Product.

Eligibility requirements apply. 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 greater, or hold a personal HSBC Bank Canada residential mortgage with original amount of $500,000 or greater, or have income deposits of $6,500 within a calendar month plus confirmation of $100,000 or more in assets under management in Canada. A monthly fee will be charged if you do not meet at least one of the eligibility criteria above six months after account opening.

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 balances 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 six months after account opening.

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.

1 Account opening is subject to eligibility requirements, credit review and approval, and meeting one of the following income/asset requirements: (1) a minimum of $80,000 in annual personal income (before taxes) or $150,000 in annual household income (before taxes), or (2) a minimum of $400,000 in assets under management (based on liquid, investable assets with financial institutions in Canada).

1a "Offers" refer collectively to the “Welcome Bonus”, “Additional Bonus”, “Anniversary Bonus”, and “Annual Fee Rebate”.

Eligibility: Offers only apply to approved HSBC World Elite Mastercard accounts for applications received between November 1, 2022 and February 28, 2023. Only one new account per customer is eligible for these Offers.

The following applicants are not eligible for any of the Offers:
• Applicants who have held an HSBC World Elite Mastercard, HSBC Premier World Elite Mastercard or HSBC Metal World Elite Mastercard account in the 12 months before submitting the application
• Applicants switching from an existing HSBC credit card

Offers may be changed, withdrawn or extended at any time without notice and cannot be combined with any other HSBC credit card offers, except offers stating that they can be combined with other HSBC credit card offers. The HSBC World Elite Rewards Program Terms and Conditions apply. Account opening is subject to eligibility requirements, credit review and approval, and meeting one of the following income/asset requirements: (1) a minimum of $80,000 in annual personal income (before taxes) or $150,000 in annual household income (before taxes), or (2) a minimum of $400,000 in assets under management (based on liquid, investable assets with financial institutions in Canada).

Welcome Bonus: The Welcome Bonus of 20,000 points will be awarded when you make the first purchase on your HSBC World Elite Mastercard account following account opening. The Welcome Bonus will be credited in accordance with the HSBC World Elite Rewards Program Terms and Conditions. Limit of one Welcome Bonus per new HSBC World Elite Mastercard account.

Additional Bonus: If you’re not a resident of Quebec, you can receive the additional 40,000 points if you make eligible Net Purchases of $6,000 or more within 180 days of opening your account. “Net Purchases” means the total amount of your eligible purchases minus the total amount of returns you make (or similar credits applied to your account). If you are a resident of Quebec, you can receive the additional 70,000 points if you keep your account open and in good standing for 180 days from your account opening. The additional points are in addition to the points earned on the eligible purchases at the earn rate listed in the HSBC World Elite Rewards Program Terms and Conditions. The additional points will be awarded approximately 180 days after account opening and credited in accordance with the HSBC World Elite Rewards Program Terms and Conditions. The points will appear in your HSBC Rewards Account within two statement periods of the day they are awarded. Your account must be open and in good standing on the day the additional points are credited. 

Anniversary Bonus: To receive the Anniversary Bonus of 20,000 points, you must keep your account open, active and in good standing for twelve consecutive months from the account opening date (the Anniversary Date). The Anniversary Bonus will be awarded to your account the month following your first Anniversary Date and will appear in your HSBC Rewards Account within two statement periods of the day they are awarded. Your account must be in good standing at the time Anniversary Bonus points are awarded. Only one Anniversary Bonus of 20,000 points per account and no additional points will be awarded for any subsequent Anniversary Dates.

Annual fee rebate: The first annual fee rebate for the primary cardholder is only available to residents of Canada other than the province of Quebec. This rebate applies for the first year only. A one-time rebate will apply in the amount of the annual fee charged to your HSBC World Elite Mastercard account for the Primary Cardholder in the first year, minus any other rebate of the annual fee you receive. No credit will be issued for any supplementary card fees on your account. This rebate will appear as a credit against the annual fee within two statement periods of account opening. Your HSBC World Elite Mastercard account must be open and in good standing at the time the rebate is applied.

1b The $100 Travel Enhancement Credit will be automatically available when your card is first issued and will be renewed annually on the anniversary of your Account, provided your Account is in good standing.  It can be redeemed toward eligible airline baggage fee, airline seat upgrade or airport lounge pass purchases made on the Account. The Travel Enhancement Credit must be redeemed within one year of the date it was made available or renewed.  At each anniversary of your Account, any portion of the Travel Enhancement Credit for which you did not submit a redemption request will expire and will not be carried over to the following year.

2 Earn 6 points on every $1 of eligible travel purchases, up to a maximum of $50,000 in eligible travel purchases charged to your HSBC World Elite Mastercard in a calendar year. After reaching $50,000 in eligible travel purchases, you will earn 2 points on every $1 of eligible travel purchases. Refer to the HSBC World Elite Rewards Program Terms and Conditions for complete details. Points earned on eligible travel purchases can be redeemed for rewards valued at up to 3% of the amount spent to earn them. For example, $5,000 in eligible travel purchases earns you 30,000 points, which can be redeemed for travel rewards valued at $150. Other rewards that require 30,000 points for redemption may be valued at less than $150. Redemption offers may change from time to time. 

3 The term "foreign transaction fees" is a substitute for Foreign Currency Conversion charges.

4 Your credit limit may be based on financially related information about you, including income and Total Relationship Balance with us. Offer available to New to Canada customers.  Higher credit limits are subject to higher income and TRB requirements.

5 Global View and Global Transfers are not available in all countries and regions where HSBC Premier and HSBC Advance are offered. Certain services offered by members of HSBC in Canada may be restricted or unavaila

ble 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/regions and a demo can be viewed online.

6 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.

®/TM Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to license.

7 The offer is applicable to HSBC cardholders. For 7km free delivery coupon, each cardholder can use a designated promotional code three times per month, minimum order $15. Each promo code will only be valid for the listed month. Cardholders can click “Claim offer” to check the respective promo code. For $12 coupon, the designated promo code is only applicable to new Fantuan customers’ first order only, minimum order of $30. The application of coupon will be subject to Fantuan’s terms and conditions.

8 Offer valid till December 31, 2023. Offers will only be available at designated landing page. For details, please click "Claim Offer". 1 month free is only applicable for the $35 plan. For other plans, cardholders will get $35 off at check out. Cardholders will receive the $20 Starbucks gift card when they stay with PhoneBox after their first month. Other terms and conditions apply. Please click below link for details.  https://welcome.gophonebox.com/hsbc_tnc/

You can receive a rebate on the HSBC World Elite Mastercard annual fee depending on your client status: HSBC Private clients receive a $149 rebate; HSBC Premier clients receive a $50 rebate; and HSBC Advance clients receive a $25 rebate. You’ll receive the annual fee rebate on the date the credit card annual fee is charged, if you’re i) an HSBC Private, Premier or Advance client, and ii) the primary cardholder of the HSBC World Elite Mastercard. This rebate does not apply to supplementary card fees or other charges applicable to the credit card account. For details, see HSBC Credit Card Annual Fee Rebate.

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