Today's 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.

*No interest is paid on the portion of the balance over $1,000,000.00 (in the currency of account) on GBP/EUR High Rate Savings accounts. 

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.   

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.

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 If we allow you to withdraw before the end of the term, we will not pay you any interest on the withdrawn amount. 

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• If you withdraw it 89 days or fewer from the start date, we will not pay any interest on the amount withdrawn; or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withdraw it 90 days or more after the start date, we will pay interest at the interest rate that applies to the amount withdrawn, for the number of days between the start date and the date up to but not including the date you withdraw it.

We will pay interest at the fixed interest rate stated in the purchase confirmation on any part of your deposit not withdrawn before the maturity date.

Redeemable prior to maturity with no interest paid.

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.

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.

* No interest is paid on the portion of the balance over $1,000,000.00.

* No interest is paid on the portion of the balance over $1,000,000.00.

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.

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. 

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. 

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.

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.

* No interest is paid on the portion of the balance over $1,000,000.00.

Grandfathered (no longer sold)

* No interest is paid on the portion of the balance over $1,000,000.00.

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.

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.

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.

*is a reference interest rate used to determine the annual interest rate applicable to deposit balances held in your Cash Management account(s). For more information, contact a relationship manager at a branch near you.

Click here for more information on our Business Savings Account promotion rates

Click here for more information on our Business Savings Account promotion rates

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

*is a reference interest rate used to determine the annual interest rate applicable to deposit balances held in your Notice Deposit account. For more information, contact a relationship manager at a branch near you.