An RRSP (Registered Retirement Savings Plan) investment that guarantees both your principal and your interest

HSBC RRSP Fixed Rate

Invest in an HSBC RRSP Fixed Rate and get peace of mind knowing that your principal is secure and your returns are guaranteed for the term of your RRSP investment.

A safe and secure investment with a $500 minimum deposit

  • Contribute online through Online Banking
  • Save more of your investment as you do not pay service charges or administration fees (except for transferring out to other financial institutions)

Flexible terms and compound interest

  • Choose a term that suits you, from 6 months to 5 years, and know what your returns will be at maturity
  • Earn interest that is compounded annually on the anniversary date of issue, helping your RRSP investment grow faster. For terms less than one year, interest is calculated daily, not compounded, and paid at maturity.

Accessible before maturity

  • Redeem your investment anytime – but if you do so before the maturity date, no interest is paid1

For an RRSP investment that's 100% guaranteed, open an HSBC RRSP Fixed Rate today.

Or call toll-free at 1-888-310-4722

RRSP & RRIF (Registered Retirement Income Fund) Fixed Rate Options (Annual Compound Interest)

Term length Interest rate (min. $500)
180 days 1.00%
270 days 1.00%
1 year 1.45%
2 years 1.70%
3 years 1.80%
4 years 1.90%
5 years 2.00%

RRSP & RRIF (Registered Retirement Income Fund) Fixed Rate Options (Annual Compound Interest)

Term length 180 days
Interest rate (min. $500)
1.00%
Term length 270 days
Interest rate (min. $500)
1.00%
Term length 1 year
Interest rate (min. $500)
1.45%
Term length 2 years
Interest rate (min. $500)
1.70%
Term length 3 years
Interest rate (min. $500)
1.80%
Term length 4 years
Interest rate (min. $500)
1.90%
Term length 5 years
Interest rate (min. $500)
2.00%

 

 

$500 minimum deposit (CAD only). No interest paid on redemptions before maturity. Interest is calculated daily, paid on the anniversary date of issue and compounded annually at the fixed rate for terms greater than one year. For terms less than one year, interest is calculated daily, non-compounded and paid at maturity.

The government requires the Bank to withhold a percentage for taxes if redeemed and not transferred into another RSP (Retirement Savings Plan) vehicle.