Canadian GIC Investment

Canadian Dollar GIC

Lock in your investment from 30 days to 5 years and earn a higher interest rate than a term deposit. In most cases, the longer you're invested, the higher the interest rate you earn with your Canadian GIC.

Next steps

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Is a Canadian Dollar GIC right for you?

A Canadian Dollar GIC may be an ideal investment option if you:

Prefer a safe, secure, fixed-term investment
Want a higher rate of return than a term deposit
Can invest a minimum of $500¹
Do not need to access your principal before maturity, as this investment is not redeemable prior to maturity

Features and benefits

Plan for the future

You know what your returns will be over time, which makes retirement and investment planning easier.
Choose your payment interest option

Choose from a variety of term lengths

No matter what your savings goals, you’ll find a term that suits your needs – from 30 days to 5 years.

A $500 minimum deposit is required for terms between 1 and 5 years. Interest options for these terms are:

1-year terms: Interest paid semi-annually or at maturity²
2-5 year terms: Interest paid either semi-annually or annually
Compound interest option available on 1-5 year terms³

A $500 minimum deposit is required for terms of less than 1 year. Interest options for these terms are:

30-day and 60-day terms: Interest paid at maturity
90-day to 270-day terms: Interest paid monthly or at maturity²

Renew automatically⁴
You can choose to have your principal or principal plus interest renewed at maturity. If you don't notify HSBC before your Canadian GIC matures, we will renew it automatically at the prevailing, posted rate (certain restrictions apply).

Protection for your deposits
HSBC Canadian Dollar GICs are eligible for CDIC insurance.

Check today's rates to see how fast your money can grow

Canadian Dollar GIC
Term Length	Monthly Interest (min. $500)	Semi-annual Interest (min. $500)	Annual Interest (min. $500)	Annual Compound Interest (min. $500)	Interest at Maturity (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%	-

Check today's rates to see how fast your money can grow

Canadian Dollar GIC
Term Length	30 days
Monthly Interest (min. $500)	-
Semi-annual Interest (min. $500)	-
Annual Interest (min. $500)	-
Annual Compound Interest (min. $500)	-
Interest at Maturity (min. $500)	2.75%

Term Length	60 days
Monthly Interest (min. $500)	-
Semi-annual Interest (min. $500)	-
Annual Interest (min. $500)	-
Annual Compound Interest (min. $500)	-
Interest at Maturity (min. $500)	3.00%

Term Length	90 days
Monthly Interest (min. $500)	3.25%
Semi-annual Interest (min. $500)	-
Annual Interest (min. $500)	-
Annual Compound Interest (min. $500)	-
Interest at Maturity (min. $500)	3.25%

Term Length	120 days
Monthly Interest (min. $500)	3.25%
Semi-annual Interest (min. $500)	-
Annual Interest (min. $500)	-
Annual Compound Interest (min. $500)	-
Interest at Maturity (min. $500)	3.25%

Term Length	180 days
Monthly Interest (min. $500)	3.75%
Semi-annual Interest (min. $500)	-
Annual Interest (min. $500)	-
Annual Compound Interest (min. $500)	-
Interest at Maturity (min. $500)	3.75%

Term Length	270 days
Monthly Interest (min. $500)	3.85%
Semi-annual Interest (min. $500)	-
Annual Interest (min. $500)	-
Annual Compound Interest (min. $500)	-
Interest at Maturity (min. $500)	3.85%

Term Length	1 year
Monthly Interest (min. $500)	4.25 %
Semi-annual Interest (min. $500)	4.25%
Annual Interest (min. $500)	4.25%
Annual Compound Interest (min. $500)	4.25%
Interest at Maturity (min. $500)	4.25%

Term Length	2 years
Monthly Interest (min. $500)	4.30%
Semi-annual Interest (min. $500)	4.30%
Annual Interest (min. $500)	4.30%
Annual Compound Interest (min. $500)	4.30%
Interest at Maturity (min. $500)	-

Term Length	3 years
Monthly Interest (min. $500)	4.45%
Semi-annual Interest (min. $500)	4.45%
Annual Interest (min. $500)	4.45%
Annual Compound Interest (min. $500)	4.45%
Interest at Maturity (min. $500)	-

Term Length	4 years
Monthly Interest (min. $500)	4.45%
Semi-annual Interest (min. $500)	4.45%
Annual Interest (min. $500)	4.45%
Annual Compound Interest (min. $500)	4.45%
Interest at Maturity (min. $500)	-

Term Length	5 years
Monthly Interest (min. $500)	4.35%
Semi-annual Interest (min. $500)	4.35%
Annual Interest (min. $500)	4.35%
Annual Compound Interest (min. $500)	4.35%
Interest at Maturity (min. $500)	-

For non-compounded interest option, interest is calculated daily, non-compounded and paid at the interval as opted by you (which may be monthly, semi-annually, annually or at maturity). For compounded interest option, interest is calculated daily, compounded annually and paid at maturity. No early redemption.

Select Term Deposits and GICs booked through HSBC's Online Banking may be eligible for special pricing. Log on to Online Banking for more details.

Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.

¹ $500 minimum required

² Based on simple interest, calculated daily.

³ Compound interest paid at maturity only.

⁴ You can opt into our automatic renewal option when purchasing your GIC. If you don't notify us before maturity, we will automatically re-invest your deposit (either the principal only or principal and any interest earned) at the interest rate applicable on the date of renewal, to help maximize the growth of your savings. Consult your HSBC branch regarding any eligibility and/or restrictions with setting up an automatic renewal option on your GIC.

We may make changes to the Agreement governing Term deposits (TD)/Guaranteed Investment Certificates (GIC) from time to time, to reflect changes or requirements of the law, new features, and/or changes in business practice. If we do, before the changes take effect we will tell you where the current terms and conditions can be found on our website.

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.

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Earn higher interest with an HSBC Canadian Dollar GIC

Canadian Dollar GIC

Next steps

Is a Canadian Dollar GIC right for you?

Features and benefits

Earn daily interest that is paid out depending on your term and size of investment

Check today's rates to see how fast your money can grow

Check today's rates to see how fast your money can grow

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