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Getting up to 1.05% per annum

on Registered Term Deposits (RRSP, RRIF and TFSA) is a smart opening move. – Until March 31, 2021

Get guaranteed rates on 1 Year, 2 Year and 3 Year Fixed Rate Term Deposits for RRSP, RRIF and TFSA Redeemable Term Deposit. These are limited time offers available from January 11, 2021 to March 31, 2021.

RRSP, RRIF and TFSA Term Deposit

For RRSP Fixed Rate, RRIF Fixed Rate and TFSA Term Deposit, receive these special rates:

Product
Term
Deposit amount (CAD)
Rate+ (per annum)
RRSP1, RRIF2 and TFSA3
1 Year
$500.00 or higher3
0.85%

RRSP1, RRIF2 and TFSA3

2 Year
$500.00 or higher3
0.95%

RRSP1, RRIF2 and TFSA3

3 Year
$500.00 or higher3
1.05%

RRSP, RRIF and TFSA Term Deposit

For RRSP Fixed Rate, RRIF Fixed Rate and TFSA Term Deposit, receive these special rates:

Product
RRSP1, RRIF2 and TFSA3
Term
1 Year
Deposit amount (CAD)
$500.00 or higher3
Rate+ (per annum)
0.85%
Product

RRSP1, RRIF2 and TFSA3

Term
2 Year
Deposit amount (CAD)
$500.00 or higher3
Rate+ (per annum)
0.95%
Product

RRSP1, RRIF2 and TFSA3

Term
3 Year
Deposit amount (CAD)
$500.00 or higher3
Rate+ (per annum)
1.05%

+ All rates are subject to change without notice.

1 Purchases of RRSP Fixed Rate Term Deposits are available at a HSBC branch and Telephone Banking services.

2 Purchases of RRIF Fixed Rate Term Deposits are only available at a HSBC branch.

3 Online purchases of TFSA Reddemable Term Deposits are available. The maximum deposit amount per certificate for a TFSA Redeemable Term Deposit opened through Online Banking is $499,999.99 CAD.

Terms and Conditions apply. For full details, please read the terms and conditions below.

TFSA Term Deposits

If you don't already have access, you can register for Online Banking.

RRSP and RRIF Fixed Rate Term Deposits

 

If you are new to HSBC, you can open a TFSA Term Deposit online in 3 easy steps**:

  1. Open a Chequing account  or a Savings account online
  2. Once your account is opened, you can fund it instantly with an Interac e-Transfer from another bank or use the Mobile Cheque Deposit feature within the HSBC app
  3. Then open a TFSA Term Deposit through Online banking (3 to 4 days after you fund your Chequing or Savings account) 

 

** Terms and conditions apply.

 

To contribute to community efforts in limiting the spread of COVID-19, we’ve temporarily reduced opening hours at most of our branches. Please visit our branch locator for updated branch hours in your area.

Offer expires March 31, 2021. All Interest rates are per annum. Interest is calculated daily and is paid annually (where applicable). Minimum deposit amounts apply. Terms and Conditions apply.

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