HSBC Student Account | HSBC Canada

Banking with no pains, just gains

Get up to $150^* when you open a Student chequing account, register for online banking within 30 days, and complete the following

$50 – Deposit $1,000 within one month of account opening
$100 – if you open your account online

Plus,

Get an additional $50 when you send two International foreign exchange wire transfers within six months of account opening
Get an additional $50 when you open a safety deposit box within six months of account opening

^* Welcome Bonus Terms and Conditions

Easy banking with no monthly fees for students

Helping you to stay on top of your money during your studies in Canada

Online Account Opening

Open your account online and receive $100 cash bonus^*
Account can be set up before you arrive in Canada to make it easier for you to make arrangements for your tuition fees, housing fees and expenses

Saving Made Simple

$0 monthly fees
No minimum balance required
Unlimited chequing account transactions⁴

Banking Made Easy

INTERAC e-Transfer® fee waived
Free withdrawals from your account at HSBC Bank Canada or EXCHANGE® Network ATMs
Free mobile cheque deposit
Secure Mobile & Online banking

Build Your Credit History

HSBC credit card¹ with a minimum $1,000 credit limit
Overdraft protection² with a minimum $500 limit to cover for occasional shortfalls in your account

Start banking with us

Students who are not in Canada yet

Eligibility

Holds a valid Canadian study permit issued for a term of 12 months or more, and
At least 17 years old, and
Enrolled as a full-time student in a Canadian post-secondary school education program

New to Canada

Never studied in Canada? Don’t worry, we got you covered with our Canada checklist

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Students who are in Canada

Eligibility

Canadian residents (Canada residential address), and
At least 17 years old, and
Enrolled as a full-time student in a Canadian post-secondary school education program

Open your chequing account online

Start banking with us easily with our HSBC EasyID online application in the comfort of your home

Apply Now This link will open in a new window

Not sure which chequing account is the one for you?

Help me choose

^* Terms and conditions apply. Applies for new HSBC customers only.

¹ HSBC credit card is subject to additional eligibility requirements and credit review and approval.

² HSBC Overdraft Protection is subject to additional eligibility requirements and standard credit approval. In addition to the Overdraft fees which are set out in the Credit Agreement - Line of Credit or Overdraft, HSBC chequing account service charges apply. Details of applicable service charges can be found in the Personal Service Charges Statement of Disclosure. Terms and conditions of the Credit Agreement – Line of Credit or Overdraft and Personal Banking Agreement apply.

³ 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 least 17 years old. When 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.

⁴ 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.

® THE EXCHANGE and Accel logos are registered trademarks of Fiserv, Inc., licensed for use in Canada by FICANEX Services Limited Partnership

®Trade-mark of Interac Inc. Used under license.

Get up to $150 when you open an HSBC Student Account.