All the banking essentials for a low monthly fee
Simplified day-to-day banking
Everything you need from a chequing account for a monthly fee of just $4.00. Your first 14 transactions are included and monthly statements help you monitor your account activity.
Don’t pay for features you don’t use
It doesn’t make sense to pay a higher monthly fee if you don’t make a lot of transactions – or if you don’t want to keep a minimum balance in your chequing account.
Monthly Fee Waiver
The monthly fee of $4.00 is waived for youth, students, seniors and Registered Disability Savings Plan (RDSP) beneficiaries2.
Access your funds when you need them
Manage your money with Online Banking, Telephone Banking, Interac® Direct Payments, pre-authorized and electronic debits, and cheques as required. Your first 14 transactions are included. You also have access to all HSBC Bank Canada and THE EXCHANGE®1 network ATMs across Canada. Your first 14 transactions are included.
Optional overdraft protection3
Enjoy peace of mind with a personal line of credit that can be used as overdraft protection for your checking account.
Open an account
Are you eligible?
You can apply for an HSBC Performance Chequing Limited Canadian Dollar Account online if you:
- are a new HSBC Bank Canada customer
- are applying for a sole account only
- are at least 18 years old
- have a Canadian residential address
What you'll need to apply
- Your current email address and mobile phone number
- Primary addresses you've lived at for the last 3 years
- Your employment details including company name and address
- Your annual income details
- Tax residency information including SIN/SSN/TIN (if available)
New to HSBC?
Apply online for an HSBC Performance Chequing Limited account.
Your identity is verified instantly with HSBC EasyID, making account opening easier and more convenient. Before you start, have one of the following pieces of I.D on-hand (make sure the I.D you are using hasn’t expired):
- Driver’s Licence or
- Provincial government Issued I.D.
Already with HSBC?
Open an HSBC Performance Chequing Limited Account through online banking.
Don’t have online banking yet?
Speak with us
Not sure which chequing account is the one for you?
Performance Chequing - Standard, Performance Chequing – Student, Performance 60, Peak Performance and Performance Activity accounts are no longer offered by HSBC. For information on any of these accounts, call us at 1-888-310-4722 or visit your local branch.
1 Covers account related activity fees. Sundry services are subject to regular fees as outlined in the Personal Service Charges/Statement of Disclosure brochure.
2 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.
Youth discount is available for customers under 18 years of age. Performance Chequing Limited will be provided to such customers without chequing privileges.
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.
RDSP Beneficiary Discount is available for customers who are Registered Disability Savings Plan (RDSP) beneficiaries and provide proof of eligibility. Additional fees paid before eligibility is confirmed may not be refunded.
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.