Q: Is there a maximum I can invest in this offer?
A: The maximum total deposits made under each customer for the special offers is $5,000,000 CAD+.
Q: How is interest calculated?
A: Interest is calculated daily, not compounded, and is paid at time of redemption or maturity.
Q: Is this offer available for RRSP, RRIF or TFSA accounts?
A: This offer is available for TFSA accounts only. However, it is not available for RRSP or RRIF accounts. The term deposit must be opened by an individual holder of the TFSA account, as applicable, and must be held in that account. Customers are solely responsible for determining whether any contribution to their TFSA account is within their contribution limits as imposed by applicable law.
Q: How do I register for Online Banking as an existing HSBC customer?
A: You can register for online banking here.
Q: I am new to HSBC, how can I invest in the 1-year redeemable, non-registered GIC or 1-year TFSA redeemable GIC online?
A: First become an HSBC Bank Canada customer by opening a bank account such as a Savings Account or Chequing Account digitally. Once your bank account is opened, you can fund it with an INTERAC e-Transfer® from another bank, use the Mobile Cheque Deposit feature within the HSBC app, or make an ATM or Branch deposit.