Personal account rates
These annual interest rates may change without notice, and any changes will be updated here. To confirm the most recent rates, please contact any of our branches.
Interest, if any, is paid monthly and is calculated on the daily closing balance. New accounts receive interest from the date of opening.
Account types | HSBC Premier Chequing (CAD) |
HSBC Advance Chequing (CAD) |
Performance Chequing - Unlimited, Performance Chequing - Limited (CAD) |
Student Chequing (CAD) |
USD HSBC Premier Chequing, USD Performance Chequing (USD) |
---|---|---|---|---|---|
Interest rate | 0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Account types | Interest rate |
---|---|
HSBC Premier Chequing (CAD) |
0.00% |
HSBC Advance Chequing (CAD) |
0.00% |
Performance Chequing - Unlimited, Performance Chequing - Limited (CAD) |
0.00% |
Student Chequing (CAD) |
0.00% |
USD HSBC Premier Chequing, USD Performance Chequing (USD) |
0.00% |
Daily closing balance | CAD High Rate Savings |
---|---|
Up to $24,999.99 |
1.35% |
Between $25,000 and $49,999.99 |
1.85% |
Between $50,000 and $99,999.99 |
1.85% |
100,000.00 and over |
1.85% |
Daily closing balance |
Up to $24,999.99 |
---|---|
CAD High Rate Savings |
1.35% |
Daily closing balance |
Between $25,000 and $49,999.99 |
CAD High Rate Savings |
1.85% |
Daily closing balance |
Between $50,000 and $99,999.99 |
CAD High Rate Savings |
1.85% |
Daily closing balance |
100,000.00 and over |
CAD High Rate Savings |
1.85% |
Daily closing balance | CAD Youth Savings (formerly Premier Youth Savings) |
---|---|
Up to $24,999.99 |
1.85% |
Between $25,000 and $49,999.99 |
1.85% |
Between $50,000 and $99,999.99 |
1.85% |
100,000.00 and over |
1.85% |
Daily closing balance |
Up to $24,999.99 |
---|---|
CAD Youth Savings (formerly Premier Youth Savings) |
1.85% |
Daily closing balance |
Between $25,000 and $49,999.99 |
CAD Youth Savings (formerly Premier Youth Savings) |
1.85% |
Daily closing balance |
Between $50,000 and $99,999.99 |
CAD Youth Savings (formerly Premier Youth Savings) |
1.85% |
Daily closing balance |
100,000.00 and over |
CAD Youth Savings (formerly Premier Youth Savings) |
1.85% |
Daily closing balance | USD High Rate Savings | GBP High Rate Savings* | EUR High Rate Savings* | HKD Foreign Currency Savings |
RMB Foreign Currency Savings |
---|---|---|---|---|---|
Up to $24,999.99 |
0.50% |
0.25% |
0.05% |
0.05% |
0.00% |
Between $25,000 and $49,999.99 |
0.50% |
0.25% |
0.05% |
0.05% |
0.00% |
Between $50,000 and $99,999.99 |
0.50% |
0.25% |
0.05% |
0.05% |
0.00% |
100,000.00 and over* |
0.50% |
0.25% |
0.05% |
0.05% |
0.00% |
Daily closing balance |
Up to $24,999.99 |
---|---|
USD High Rate Savings |
0.50% |
GBP High Rate Savings* |
0.25% |
EUR High Rate Savings* |
0.05% |
HKD Foreign Currency Savings |
0.05% |
RMB Foreign Currency Savings |
0.00% |
Daily closing balance |
Between $25,000 and $49,999.99 |
USD High Rate Savings |
0.50% |
GBP High Rate Savings* |
0.25% |
EUR High Rate Savings* |
0.05% |
HKD Foreign Currency Savings |
0.05% |
RMB Foreign Currency Savings |
0.00% |
Daily closing balance |
Between $50,000 and $99,999.99 |
USD High Rate Savings |
0.50% |
GBP High Rate Savings* |
0.25% |
EUR High Rate Savings* |
0.05% |
HKD Foreign Currency Savings |
0.05% |
RMB Foreign Currency Savings |
0.00% |
Daily closing balance |
100,000.00 and over* |
USD High Rate Savings |
0.50% |
GBP High Rate Savings* |
0.25% |
EUR High Rate Savings* |
0.05% |
HKD Foreign Currency Savings |
0.05% |
RMB Foreign Currency Savings |
0.00% |
Grandfathered - Personal accounts we maintain but no longer sell
These annual interest rates may change without notice, and any changes will be updated here. To confirm the most recent rates, please contact any of our branches.
Interest, if any, is paid monthly and is calculated on the daily closing balance.
Account types | Performance Activity, Performance Chequing - Standard, Performance Chequing - Student, Performance 60 (CAD) |
USD Performance Activity, USD Performance Chequing Standard, USD Performance 60 (USD) |
---|---|---|
Interest rates |
0.00% |
0.00% |
Account types |
Interest rates |
---|---|
Performance Activity, Performance Chequing - Standard, Performance Chequing - Student, Performance 60 (CAD) |
0.00% |
USD Performance Activity, USD Performance Chequing Standard, USD Performance 60 (USD) |
0.00% |
Canadian Dollar Savings Accounts (no longer sold)
For Investment Savings accounts, you receive different interest rates on different portions of your daily closing balance if it is $50,000.00 and over.
Daily closing balance | Interest rate |
---|---|
Between $0 and $4,999.99 |
0.05% |
Between $5,000.00 and $24,999.99 |
0.05% |
Between $25,000.00 and $49,999.99 |
0.05% |
Daily closing balance |
Between $0 and $4,999.99 |
---|---|
Interest rate |
0.05% |
Daily closing balance |
Between $5,000.00 and $24,999.99 |
Interest rate |
0.05% |
Daily closing balance |
Between $25,000.00 and $49,999.99 |
Interest rate |
0.05% |
Daily closing balance | Interest rate |
---|---|
Between $50,000.00 and $99,999.99 |
0.05% |
$100,000.00 and over |
0.05% |
Daily closing balance |
Between $50,000.00 and $99,999.99 |
---|---|
Interest rate |
0.05% |
Daily closing balance |
$100,000.00 and over |
Interest rate |
0.05% |
Daily closing balance | Regular Savings | HSBC Advance Savings |
---|---|---|
Up to $4,999.99 |
0.05% |
0.05% |
Between $5,000.00 and $24,999.99 |
0.05% |
0.05% |
Between $25,000.00 and $49,999.99 |
0.05% |
0.05% |
Between $50,000.00 and $99,999.99 |
0.05% |
0.05% |
$100,000.00 and over |
0.05% |
0.05% |
Daily closing balance |
Up to $4,999.99 |
---|---|
Regular Savings |
0.05% |
HSBC Advance Savings |
0.05% |
Daily closing balance |
Between $5,000.00 and $24,999.99 |
Regular Savings |
0.05% |
HSBC Advance Savings |
0.05% |
Daily closing balance |
Between $25,000.00 and $49,999.99 |
Regular Savings |
0.05% |
HSBC Advance Savings |
0.05% |
Daily closing balance |
Between $50,000.00 and $99,999.99 |
Regular Savings |
0.05% |
HSBC Advance Savings |
0.05% |
Daily closing balance |
$100,000.00 and over |
Regular Savings |
0.05% |
HSBC Advance Savings |
0.05% |
Currency | Interest |
---|---|
U.S. Dollar |
0.05% |
Swiss Franc |
0.00% |
British Pound |
0.00% |
Japanese Yen |
0.00% |
Euro | 0.00% |
Australian Dollar | 0.00% |
Currency |
U.S. Dollar |
---|---|
Interest |
0.05% |
Currency |
Swiss Franc |
Interest |
0.00% |
Currency |
British Pound |
Interest |
0.00% |
Currency |
Japanese Yen |
Interest |
0.00% |
Currency | Euro |
Interest |
0.00% |
Currency | Australian Dollar |
Interest |
0.00% |
Term investment rates
These posted rates may change without notice, and any changes will be updated here. To find out more information about all term investment products, please contact any of our branches, contact us at 1-888-310-HSBC (4722) or visit our investing products page.
The rates below are annual interest rates for term investment products issued by HSBC Bank Canada and its subsidiaries:
- For non-compounded interest options, interest is calculated daily, non-compounded and paid at the frequency you select on making the deposit (which may be monthly, semi-annually, annually or at maturity).
- For compounded interest options, interest is calculated daily, compounded annually and paid at maturity.
Select Term Deposits and GICs booked through HSBC Online Banking may receive different rates. Log on to Online Banking for more details.
Term length | Interest paid Monthly, non-compounded (min. $500) |
Interest paid Semi-Annually, non-compounded (min. $500) |
Interest paid Annually, non-compounded (min. $500) |
Interest paid at Maturity, compounded annually (min. $500) |
Interest paid at Maturity, non-compounded (min. $500) |
---|---|---|---|---|---|
30 days | - | - |
- |
- |
2.75% |
60 days | - |
- |
- |
- |
3.00% |
90 days | 3.25% |
- |
- |
- |
3.25% |
120 days | 3.25% |
- |
- |
- |
3.25% |
180 days | 3.75% |
- |
- |
- |
3.75% |
270 days | 3.85% |
- |
- |
- |
3.85% |
1 year | 4.25 % |
4.25% |
4.25% |
4.25% |
4.25% |
2 years | 4.30% |
4.30% |
4.30% |
4.30% |
- |
3 years | 4.45% |
4.45% |
4.45% |
4.45% |
- |
4 years | 4.45% |
4.45% |
4.45% |
4.45% |
- |
5 years | 4.35% |
4.35% |
4.35% |
4.35% |
- |
Term length | 30 days |
---|---|
Interest paid Monthly, non-compounded (min. $500) |
- |
Interest paid Semi-Annually, non-compounded (min. $500) |
- |
Interest paid Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity, compounded annually (min. $500) |
- |
Interest paid at Maturity, non-compounded (min. $500) |
2.75% |
Term length | 60 days |
Interest paid Monthly, non-compounded (min. $500) |
- |
Interest paid Semi-Annually, non-compounded (min. $500) |
- |
Interest paid Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity, compounded annually (min. $500) |
- |
Interest paid at Maturity, non-compounded (min. $500) |
3.00% |
Term length | 90 days |
Interest paid Monthly, non-compounded (min. $500) |
3.25% |
Interest paid Semi-Annually, non-compounded (min. $500) |
- |
Interest paid Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity, compounded annually (min. $500) |
- |
Interest paid at Maturity, non-compounded (min. $500) |
3.25% |
Term length | 120 days |
Interest paid Monthly, non-compounded (min. $500) |
3.25% |
Interest paid Semi-Annually, non-compounded (min. $500) |
- |
Interest paid Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity, compounded annually (min. $500) |
- |
Interest paid at Maturity, non-compounded (min. $500) |
3.25% |
Term length | 180 days |
Interest paid Monthly, non-compounded (min. $500) |
3.75% |
Interest paid Semi-Annually, non-compounded (min. $500) |
- |
Interest paid Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity, compounded annually (min. $500) |
- |
Interest paid at Maturity, non-compounded (min. $500) |
3.75% |
Term length | 270 days |
Interest paid Monthly, non-compounded (min. $500) |
3.85% |
Interest paid Semi-Annually, non-compounded (min. $500) |
- |
Interest paid Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity, compounded annually (min. $500) |
- |
Interest paid at Maturity, non-compounded (min. $500) |
3.85% |
Term length | 1 year |
Interest paid Monthly, non-compounded (min. $500) |
4.25 % |
Interest paid Semi-Annually, non-compounded (min. $500) |
4.25% |
Interest paid Annually, non-compounded (min. $500) |
4.25% |
Interest paid at Maturity, compounded annually (min. $500) |
4.25% |
Interest paid at Maturity, non-compounded (min. $500) |
4.25% |
Term length | 2 years |
Interest paid Monthly, non-compounded (min. $500) |
4.30% |
Interest paid Semi-Annually, non-compounded (min. $500) |
4.30% |
Interest paid Annually, non-compounded (min. $500) |
4.30% |
Interest paid at Maturity, compounded annually (min. $500) |
4.30% |
Interest paid at Maturity, non-compounded (min. $500) |
- |
Term length | 3 years |
Interest paid Monthly, non-compounded (min. $500) |
4.45% |
Interest paid Semi-Annually, non-compounded (min. $500) |
4.45% |
Interest paid Annually, non-compounded (min. $500) |
4.45% |
Interest paid at Maturity, compounded annually (min. $500) |
4.45% |
Interest paid at Maturity, non-compounded (min. $500) |
- |
Term length | 4 years |
Interest paid Monthly, non-compounded (min. $500) |
4.45% |
Interest paid Semi-Annually, non-compounded (min. $500) |
4.45% |
Interest paid Annually, non-compounded (min. $500) |
4.45% |
Interest paid at Maturity, compounded annually (min. $500) |
4.45% |
Interest paid at Maturity, non-compounded (min. $500) |
- |
Term length | 5 years |
Interest paid Monthly, non-compounded (min. $500) |
4.35% |
Interest paid Semi-Annually, non-compounded (min. $500) |
4.35% |
Interest paid Annually, non-compounded (min. $500) |
4.35% |
Interest paid at Maturity, compounded annually (min. $500) |
4.35% |
Interest paid at Maturity, non-compounded (min. $500) |
- |
Redemption or withdrawal of all or part of the Non-redeemable GIC before the end of the term is not allowed. If we allow you to withdraw before the end of the term, we will not pay you any interest on the withdrawn amount.
Term length | Interest rate (min. $500) |
---|---|
Available for 1 year term only | 3.40% |
Term length | Available for 1 year term only |
---|---|
Interest rate (min. $500) |
3.40% |
For a redeemable GIC, if you withdraw all or part of it before the maturity date, the following conditions apply:
- If you withdraw it 89 days or fewer from the start date, we will not pay any interest on the amount withdrawn; or
- If you withdraw it 90 days or more after the start date, we will pay interest at the interest rate that applies to the amount withdrawn, for the number of days between the start date and the date up to but not including the date you withdraw it.
We will pay interest at the fixed interest rate stated in the purchase confirmation on any part of your deposit not withdrawn before the maturity date.
Term length | Interest paid Monthly, non-compounded (min. $500) |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
Interest paid at Maturity , non-compounded (min. $500) |
---|---|---|---|
30 days | - | - |
2.40% |
60 days | - |
- |
2.75% |
90 days | 3.00% |
- |
3.00% |
120 days | 3.00% |
- |
3.00% |
180 days | 3.50% |
- |
3.50% |
270 days | 3.60% |
- |
3.60% |
1 year | 4.00% |
4.00% |
4.00% |
2 years | 4.05% |
4.05% |
- |
3 years | 4.20% |
4.20% |
- |
4 years | 4.20% |
4.20% |
- |
5 years | 4.10% |
4.10% |
- |
Term length | 30 days |
---|---|
Interest paid Monthly, non-compounded (min. $500) |
- |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity , non-compounded (min. $500) |
2.40% |
Term length | 60 days |
Interest paid Monthly, non-compounded (min. $500) |
- |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity , non-compounded (min. $500) |
2.75% |
Term length | 90 days |
Interest paid Monthly, non-compounded (min. $500) |
3.00% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity , non-compounded (min. $500) |
3.00% |
Term length | 120 days |
Interest paid Monthly, non-compounded (min. $500) |
3.00% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity , non-compounded (min. $500) |
3.00% |
Term length | 180 days |
Interest paid Monthly, non-compounded (min. $500) |
3.50% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity , non-compounded (min. $500) |
3.50% |
Term length | 270 days |
Interest paid Monthly, non-compounded (min. $500) |
3.60% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
- |
Interest paid at Maturity , non-compounded (min. $500) |
3.60% |
Term length | 1 year |
Interest paid Monthly, non-compounded (min. $500) |
4.00% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.00% |
Interest paid at Maturity , non-compounded (min. $500) |
4.00% |
Term length | 2 years |
Interest paid Monthly, non-compounded (min. $500) |
4.05% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.05% |
Interest paid at Maturity , non-compounded (min. $500) |
- |
Term length | 3 years |
Interest paid Monthly, non-compounded (min. $500) |
4.20% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.20% |
Interest paid at Maturity , non-compounded (min. $500) |
- |
Term length | 4 years |
Interest paid Monthly, non-compounded (min. $500) |
4.20% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.20% |
Interest paid at Maturity , non-compounded (min. $500) |
- |
Term length | 5 years |
Interest paid Monthly, non-compounded (min. $500) |
4.10% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.10% |
Interest paid at Maturity , non-compounded (min. $500) |
- |
Redeemable prior to maturity with no interest paid.
Foreign Currency Non-Redeemable Term Deposits
Rates provided upon request, to find out more information about foreign currency term investment products, please contact any of our branches, contact us at 1-888-310-HSBC (4722).
Term length | Interest Paid at Maturity, non-compounded (min. USD$500) |
---|---|
30 days | 3.50% |
60 days | 3.75% |
90 days | 4.00% |
120 days | 4.25% |
180 days | 4.35% |
270 days | 4.50% |
1 year | 4.75% |
2 years** | 4.65% |
3 years** | 4.55% |
4 years** | 4.45% |
5 years** | 4.45% |
Term length | 30 days |
---|---|
Interest Paid at Maturity, non-compounded (min. USD$500) |
3.50% |
Term length | 60 days |
Interest Paid at Maturity, non-compounded (min. USD$500) |
3.75% |
Term length | 90 days |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.00% |
Term length | 120 days |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.25% |
Term length | 180 days |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.35% |
Term length | 270 days |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.50% |
Term length | 1 year |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.75% |
Term length | 2 years** |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.65% |
Term length | 3 years** |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.55% |
Term length | 4 years** |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.45% |
Term length | 5 years** |
Interest Paid at Maturity, non-compounded (min. USD$500) |
4.45% |
Redeemable prior to maturity with no interest paid.
**For tenors longer than 1 year, please visit a branch, use the mobile app to call for quicker access to telephone banking, or call toll-free 1-888-310-4722. Tenors longer than 1 year are available to Retail Banking clients only.
Registered Plans (TFSA, RRSP and RRIF products)
These rates may change without notice, and any changes will be updated here. To find out more information about registered investment products, please contact any of our branches, contact us at 1-888-310-HSBC (4722) or visit our registered products page.
Rates are annual interest rates. Interest, if any, is paid monthly and is calculated on the daily closing balance.
Daily closing balance | Interest rate |
---|---|
Up to $49,999.99 |
1.85% |
Between $50,000 and $99,999.99 |
1.85% |
Between $100,000.00 and $1,000,000.00* |
1.85% |
Daily closing balance |
Up to $49,999.99 |
---|---|
Interest rate |
1.85% |
Daily closing balance |
Between $50,000 and $99,999.99 |
Interest rate |
1.85% |
Daily closing balance |
Between $100,000.00 and $1,000,000.00* |
Interest rate |
1.85% |
Daily closing balance |
Current Rate |
---|---|
Up to $49,999.99 |
1.85% |
Between $50,000 and $99,999.99 |
1.85% |
Between $100,000 and $1,000,000* |
1.85% |
Daily closing balance |
Up to $49,999.99 |
---|---|
Current Rate |
1.85% |
Daily closing balance |
Between $50,000 and $99,999.99 |
Current Rate |
1.85% |
Daily closing balance |
Between $100,000 and $1,000,000* |
Current Rate |
1.85% |
Registered Term Investments
These posted rates may change without notice, and any changes will be updated here. To find out more information about registered term investment products, please contact any of our branches, contact us at 1-888-310-HSBC (4722) or visit our investing products page.
Interest rates are annual interest rates.
- For non-compounded interest options, interest is calculated daily, non-compounded and paid at the frequency you select on making the deposit (which may be monthly, semi-annually, annually or at maturity).
- For compounded interest options, interest is calculated daily, compounded annually and paid at maturity.
Term length | Interest rate (min. $500) |
---|---|
1 year term only | 3.40% |
Term length | 1 year term only |
---|---|
Interest rate (min. $500) |
3.40% |
For a redeemable GIC, if you withdraw all or part of it before the maturity date, the following conditions apply:
- If you withdraw it 89 days or fewer from the start date, we will not pay any interest on the amount withdrawn; or
- If you withdraw it 90 days or more after the start date, we will pay interest at the interest rate that applies to the amount withdrawn, for the number of days between the start date and the date up to but not including the date you withdraw it.
We will pay interest at the fixed interest rate stated in the purchase confirmation on any part of your deposit not withdrawn before the maturity date.
TFSA Redeemable Term Deposits
Short Term | Interest paid Monthly, non-compounded (min. $500) |
Interest paid at Maturity, non-compounded (min. $500) |
---|---|---|
30 days | - |
2.75% |
60 days | - |
3.00% |
90 days | 3.25% |
3.25% |
120 days | 3.25% |
3.25% |
180 days | 3.75% |
3.75% |
270 days | 3.85% |
3.85% |
Short Term | 30 days |
---|---|
Interest paid Monthly, non-compounded (min. $500) |
- |
Interest paid at Maturity, non-compounded (min. $500) |
2.75% |
Short Term | 60 days |
Interest paid Monthly, non-compounded (min. $500) |
- |
Interest paid at Maturity, non-compounded (min. $500) |
3.00% |
Short Term | 90 days |
Interest paid Monthly, non-compounded (min. $500) |
3.25% |
Interest paid at Maturity, non-compounded (min. $500) |
3.25% |
Short Term | 120 days |
Interest paid Monthly, non-compounded (min. $500) |
3.25% |
Interest paid at Maturity, non-compounded (min. $500) |
3.25% |
Short Term | 180 days |
Interest paid Monthly, non-compounded (min. $500) |
3.75% |
Interest paid at Maturity, non-compounded (min. $500) |
3.75% |
Short Term | 270 days |
Interest paid Monthly, non-compounded (min. $500) |
3.85% |
Interest paid at Maturity, non-compounded (min. $500) |
3.85% |
Long Term | Interest paid Monthly, non-compounded (min. $500) |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
---|---|---|
1 year | 4.25% |
4.25% |
2 years | 4.30% |
4.30% |
3 years | 4.45% |
4.45% |
4 years | 4.45% |
4.45% |
5 years | 4.35% |
4.35% |
Long Term | 1 year |
---|---|
Interest paid Monthly, non-compounded (min. $500) |
4.25% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.25% |
Long Term | 2 years |
Interest paid Monthly, non-compounded (min. $500) |
4.30% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.30% |
Long Term | 3 years |
Interest paid Monthly, non-compounded (min. $500) |
4.45% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.45% |
Long Term | 4 years |
Interest paid Monthly, non-compounded (min. $500) |
4.45% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.45% |
Long Term | 5 years |
Interest paid Monthly, non-compounded (min. $500) |
4.35% |
Interest paid Semi-Annually or Annually, non-compounded (min. $500) |
4.35% |
Redeemable prior to maturity receive no interest.
Term length | Interest rate (min. $500) |
---|---|
180 days |
3.85% |
270 days |
3.85% |
1 year |
4.25% |
2 years |
4.30% |
3 years | 4.45% |
4 years |
4.45% |
5 years |
4.35% |
Term length |
180 days |
---|---|
Interest rate (min. $500) |
3.85% |
Term length |
270 days |
Interest rate (min. $500) |
3.85% |
Term length |
1 year |
Interest rate (min. $500) |
4.25% |
Term length |
2 years |
Interest rate (min. $500) |
4.30% |
Term length | 3 years |
Interest rate (min. $500) |
4.45% |
Term length |
4 years |
Interest rate (min. $500) |
4.45% |
Term length |
5 years |
Interest rate (min. $500) |
4.35% |
For RRSPs, the term deposit is redeemable prior to maturity with no interest paid.
For RRIFs, you can redeem all or part of your deposit before its maturity date, but if you do we will not pay interest on the amount redeemed unless we initiate the redemption as a result of receiving:
- Instructions to make a retirement income payment from your RRIF plan;
- Instructions to transfer proceeds of the redemption to another RRIF plan you hold with us or any of our subsidiaries or affiliates; or
- Evidence of death of plan holder
If we pay interest, we will pay it on the amount redeemed for the number of days between the start date and the date up to but not including the date of redemption.
Year | Issue rate |
Redemption rate |
---|---|---|
Year 1 | 4.25% | 0.00% |
Year 2 | 4.30% |
0.00% |
Year 3 | 4.45% |
4.45% |
Year 4 | 4.45% |
4.45% |
Year 5 | 4.35% |
4.35% |
Year | Year 1 |
---|---|
Issue rate |
4.25% |
Redemption rate |
0.00% |
Year | Year 2 |
Issue rate |
4.30% |
Redemption rate |
0.00% |
Year | Year 3 |
Issue rate |
4.45% |
Redemption rate |
4.45% |
Year | Year 4 |
Issue rate |
4.45% |
Redemption rate |
4.45% |
Year | Year 5 |
Issue rate |
4.35% |
Redemption rate |
4.35% |
You can redeem the GIC before the maturity date, and you can only redeem it in full.
- If you redeem the GIC on the 3rd or 4th anniversary of the start date, we will pay interest at the Issue Rate for each year between the start date and the redemption date.
- If you redeem the GIC at any other time, we will pay interest at the Redemption Rate for each year or part of the year between the start date and the redemption date.
We calculate interest from the start date up to, but not including, the maturity date or the redemption date. Interest is compounded annually on the anniversary of the start date.
Grandfathered - Registered Term Investment Accounts we maintain but no longer sell
These rates may change without notice, and any changes will be updated here. To confirm the most recent rates, please contact any of our branches.
Daily closing balance | Interest rate |
---|---|
Up to $1,000,000.00* |
1.85% |
Daily closing balance |
Up to $1,000,000.00* |
---|---|
Interest rate |
1.85% |
HSBC Trust Company (Canada)
Grandfathered (no longer sold)
On the entire amount when your daily closing balance is: |
Current rate |
---|---|
Between $0 and $49,999.00 |
1.85% |
Between $50,000.00 and $99,999.00 |
1.85% |
Between $100,000.00 and $1,000,000.00* |
1.85% |
On the entire amount when your daily closing balance is: |
Between $0 and $49,999.00 |
---|---|
Current rate |
1.85% |
On the entire amount when your daily closing balance is: |
Between $50,000.00 and $99,999.00 |
Current rate |
1.85% |
On the entire amount when your daily closing balance is: |
Between $100,000.00 and $1,000,000.00* |
Current rate |
1.85% |
Term length | Interest rate (min. $500) |
---|---|
180 days | 3.85% |
270 days | 3.85% |
1 year | 4.25% |
2 years | 4.30% |
3 years | 4.45% |
4 years | 4.45% |
5 years | 4.35% |
Term length | 180 days |
---|---|
Interest rate (min. $500) |
3.85% |
Term length | 270 days |
Interest rate (min. $500) |
3.85% |
Term length | 1 year |
Interest rate (min. $500) |
4.25% |
Term length | 2 years |
Interest rate (min. $500) |
4.30% |
Term length | 3 years |
Interest rate (min. $500) |
4.45% |
Term length | 4 years |
Interest rate (min. $500) |
4.45% |
Term length | 5 years |
Interest rate (min. $500) |
4.35% |
For RRSPs, the term deposit is redeemable prior to maturity with no interest paid.
For RRIFs, you can redeem all or part of your deposit before its maturity date, but if you do we will not pay interest on the amount redeemed unless we initiate the redemption as a result of receiving:
- Instructions to make a retirement income payment from your RRIF plan;
- Instructions to transfer proceeds of the redemption to another RRIF plan you hold with us or any of our subsidiaries or affiliates; or
- Evidence of death of plan holder
If we pay interest, we will pay it on the amount redeemed for the number of days between the start date and the date up to but not including the date of redemption.
Residential First Mortgage Rates - offered by HSBC Bank Canada
While we know that the interest rate is an important consideration, it shouldn’t be the only deciding factor. Features that allow you to pay your mortgage faster without fees or charges can be just as important when it comes to choosing the right solution for you. We’ll help you choose the right combination of interest rate and term to help you reach your financial goals.
Open Term | Rate |
---|---|
6 months | 8.75% |
1 year | 7.55% |
Open Term | 6 months |
---|---|
Rate |
8.75% |
Open Term | 1 year |
Rate |
7.55% |
Closed Term | Rate |
---|---|
6 months | 7.04% |
1 year | 7.34% |
2 year | 6.89% |
3 year | 6.74% |
4 year | 6.59% |
5 year | 6.89% |
7 year | 6.84% |
10 year | 7.09% |
Closed Term | 6 months |
---|---|
Rate |
7.04% |
Closed Term | 1 year |
Rate |
7.34% |
Closed Term | 2 year |
Rate |
6.89% |
Closed Term | 3 year |
Rate |
6.74% |
Closed Term | 4 year |
Rate |
6.59% |
Closed Term | 5 year |
Rate | 6.89% |
Closed Term | 7 year |
Rate | 6.84% |
Closed Term | 10 year |
Rate |
7.09% |
Open Term | Rate |
---|---|
3 year | 10.50% |
Open Term | 3 year |
---|---|
Rate |
10.50% |
Prime Rate / US Base Rate
Term | Prime Rate | US Base Rate |
---|---|---|
Rate per annum | 7.20% |
9.00% |
Term | Rate per annum |
---|---|
Prime Rate |
7.20% |
US Base Rate |
9.00% |
Business Accounts Rates
Rates are subject to change without notice. For further information or to confirm most recent rates, please contact any HSBC branch. Interest rates are expressed on a per annum basis. New accounts receive interest from the date of opening. For all accounts, interest is calculated based on the daily closing balance and paid monthly unless otherwise noted.
CAD | USD |
---|---|
5.71% | 7.18% |
CAD | 5.71% |
---|---|
USD | 7.18% |
Amount | CAD |
---|---|
On the entire balance |
0.01% |
Amount |
On the entire balance |
---|---|
CAD | 0.01% |
Amount | Canadian Dollar | US Dollar | Chinese Renminbi |
---|---|---|---|
On the entire balance | 0.01% | 0.00% |
0.00% |
Amount | On the entire balance |
---|---|
Canadian Dollar | 0.01% |
US Dollar |
0.00% |
Chinese Renminbi |
0.00% |
Business Savings Account
On the portion of your total daily closing balance (including New Deposits) |
CAD Business Savings Account Regular Interest Rate (%)* | Bonus Interest Rate paid on New CAD Deposits only (% per annum) | Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* |
---|---|---|---|
Between $0.00 - $24,999.99 | 3.51% | 1.40% | 4.91% |
Between $25,000.00 - $499,999.99 | 3.61% | 1.40% | 5.01% |
Between $500,000.00 - $999,999.99 | 3.81% | 1.40% | 5.21% |
Between $1,000,000.00 - $4,999,999.99 | 4.18% | 1.40% | 5.58% |
Between $5,000,000.00 - $29,999,999.99 | 4.50% | 1.40% | 5.90% |
No interest paid for balances greater than $30,000,000.00 | 0.00% | 0.00% | 0.00% |
On the portion of your total daily closing balance (including New Deposits) |
Between $0.00 - $24,999.99 |
---|---|
CAD Business Savings Account Regular Interest Rate (%)* | 3.51% |
Bonus Interest Rate paid on New CAD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 4.91% |
On the portion of your total daily closing balance (including New Deposits) |
Between $25,000.00 - $499,999.99 |
CAD Business Savings Account Regular Interest Rate (%)* | 3.61% |
Bonus Interest Rate paid on New CAD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 5.01% |
On the portion of your total daily closing balance (including New Deposits) |
Between $500,000.00 - $999,999.99 |
CAD Business Savings Account Regular Interest Rate (%)* | 3.81% |
Bonus Interest Rate paid on New CAD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 5.21% |
On the portion of your total daily closing balance (including New Deposits) |
Between $1,000,000.00 - $4,999,999.99 |
CAD Business Savings Account Regular Interest Rate (%)* | 4.18% |
Bonus Interest Rate paid on New CAD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 5.58% |
On the portion of your total daily closing balance (including New Deposits) |
Between $5,000,000.00 - $29,999,999.99 |
CAD Business Savings Account Regular Interest Rate (%)* | 4.50% |
Bonus Interest Rate paid on New CAD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 5.90% |
On the portion of your total daily closing balance (including New Deposits) |
No interest paid for balances greater than $30,000,000.00 |
CAD Business Savings Account Regular Interest Rate (%)* | 0.00% |
Bonus Interest Rate paid on New CAD Deposits only (% per annum) | 0.00% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 0.00% |
Click here for more information on our Business Savings Account promotion rates
On the portion of your total daily closing balance (including New Deposits) |
USD Business Savings Account Regular Interest Rate (%)* | Bonus Interest Rate paid on New USD Deposits only (% per annum) | Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* |
---|---|---|---|
Between $0.00 - $24,999.99 | 3.43% | 1.40% | 4.83% |
Between $25,000.00 - $499,999.99 | 3.48% | 1.40% | 4.88% |
Between $500,000.00 - $999,999.99 | 3.78% | 1.40% | 5.18% |
Between $1,000,000.00 - $4,999,999.99 | 4.15% | 1.40% | 5.55% |
Between $5,000,000.00 - $29,999,999.99 | 4.55% | 1.40% | 5.95% |
No interest paid for balances greater than $30,000,000.00 | 0.00% | 0.00% | 0.00% |
On the portion of your total daily closing balance (including New Deposits) |
Between $0.00 - $24,999.99 |
---|---|
USD Business Savings Account Regular Interest Rate (%)* | 3.43% |
Bonus Interest Rate paid on New USD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 4.83% |
On the portion of your total daily closing balance (including New Deposits) |
Between $25,000.00 - $499,999.99 |
USD Business Savings Account Regular Interest Rate (%)* | 3.48% |
Bonus Interest Rate paid on New USD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 4.88% |
On the portion of your total daily closing balance (including New Deposits) |
Between $500,000.00 - $999,999.99 |
USD Business Savings Account Regular Interest Rate (%)* | 3.78% |
Bonus Interest Rate paid on New USD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 5.18% |
On the portion of your total daily closing balance (including New Deposits) |
Between $1,000,000.00 - $4,999,999.99 |
USD Business Savings Account Regular Interest Rate (%)* | 4.15% |
Bonus Interest Rate paid on New USD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 5.55% |
On the portion of your total daily closing balance (including New Deposits) |
Between $5,000,000.00 - $29,999,999.99 |
USD Business Savings Account Regular Interest Rate (%)* | 4.55% |
Bonus Interest Rate paid on New USD Deposits only (% per annum) | 1.40% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 5.95% |
On the portion of your total daily closing balance (including New Deposits) |
No interest paid for balances greater than $30,000,000.00 |
USD Business Savings Account Regular Interest Rate (%)* | 0.00% |
Bonus Interest Rate paid on New USD Deposits only (% per annum) | 0.00% |
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)* | 0.00% |
Click here for more information on our Business Savings Account promotion rates
Term | CAD | USD |
---|---|---|
Annual rate |
4.60% | 4.80% |
Term |
Annual rate |
---|---|
CAD | 4.60% |
USD |
4.80% |
The Commercial Investment Account rate applies to the entire balance, when the daily closing balance is between $1,000,000.00 and $100,000,000.99.
No interest paid if daily closing balance under $1,000,000.00
No interest paid for balances greater than $100,000,000.99
Term | CAD | USD |
---|---|---|
Annual rate | 4.925% |
5.25% |
Term | Annual rate |
---|---|
CAD |
4.925% |
USD |
5.25% |
Currency | Interest |
---|---|
Swiss Franc |
0.00% |
British Pound |
0.00% |
Hong Kong Dollar |
0.05% |
Euro | 0.00% |
Japanese Yen | -1.10% |
Currency |
Swiss Franc |
---|---|
Interest |
0.00% |
Currency |
British Pound |
Interest |
0.00% |
Currency |
Hong Kong Dollar |
Interest |
0.05% |
Currency | Euro |
Interest |
0.00% |
Currency | Japanese Yen |
Interest |
-1.10% |
Small Business Banking Rates
On the portion of your daily closing balance | CAD | USD |
---|---|---|
between $0.00 - $99,999.99 | 2.25% |
0.80% |
between $100,000.00 - $499,999.99 | 2.50% |
0.85% |
between $500,000.00 - $1,499,999.99 | 2.50% |
0.90% |
between $1,500,000.00 - $4,999,999.99 | 2.50% |
0.95% |
between $5,000,000.00 - $9,999,999.99 | 2.50% |
1.00% |
No interest paid for balances greater than $10,000,000.00 | 0.00% |
0.00% |
On the portion of your daily closing balance | between $0.00 - $99,999.99 |
---|---|
CAD |
2.25% |
USD |
0.80% |
On the portion of your daily closing balance | between $100,000.00 - $499,999.99 |
CAD |
2.50% |
USD |
0.85% |
On the portion of your daily closing balance | between $500,000.00 - $1,499,999.99 |
CAD |
2.50% |
USD |
0.90% |
On the portion of your daily closing balance | between $1,500,000.00 - $4,999,999.99 |
CAD |
2.50% |
USD |
0.95% |
On the portion of your daily closing balance | between $5,000,000.00 - $9,999,999.99 |
CAD |
2.50% |
USD |
1.00% |
On the portion of your daily closing balance | No interest paid for balances greater than $10,000,000.00 |
CAD |
0.00% |
USD |
0.00% |
Currency | Interest |
---|---|
Swiss Franc |
0.00% |
British Pound |
0.00% |
Japanese Yen |
0.00% |
Euro | 0.00% |
Hong Kong Dollar |
0.05% |
Chinese Renminbi |
0.00% |
Currency |
Swiss Franc |
---|---|
Interest |
0.00% |
Currency |
British Pound |
Interest |
0.00% |
Currency |
Japanese Yen |
Interest |
0.00% |
Currency | Euro |
Interest |
0.00% |
Currency |
Hong Kong Dollar |
Interest |
0.05% |
Currency |
Chinese Renminbi |
Interest |
0.00% |