Invest assured with up to 4.50% per year on U.S. Dollar Term Deposits.*

Offer ends March 31, 2023.*

 

* Terms and conditions apply. 

Earn a guaranteed rate on your U.S. currency savings with 180-day or 1-year U.S. Dollar Term Deposits.*

Limited time offer for U.S. Dollar Term Deposits.

Terms apply. All rates as of December 5, 2022 and are subject to change without notice.

 

For full details, please read the U.S. Dollar Term Deposit Terms and Conditions here.

180-day U.S. Dollar Term Deposit at 4.00% per annum* and 1-year U.S. Dollar Term Deposit at 4.50% per annum*.
Starting at only $500 USD to a maximum of $5,000,000 USD per customer.
Offers available from December 5, 2022 to March 31, 2023.

Multiple ways to get started

Need to talk to us? Call us at 1-888-310-HSBC (4722)

Frequently asked questions

Q: Is there a maximum I can invest in this offer?

A: The maximum total deposits made under each customer for this special U.S. Dollar Term Deposit offer is $5,000,000 USD. The maximum total deposits made under each customer for this special U.S. Dollar Term Deposit offer is $5,000,000 USD.

 

Q: What currency is this available for this offer?

A: U.S. dollar.

 

Q: How is interest calculated?

A: Interest is calculated daily, not compounded, and is paid at maturity.

 

Q: Is this offer available for RRSP, RRIF or TFSA accounts?

A: This offer is not available in RRSP, RRIF or TFSA accounts.

 

Q: If I’m not an HSBC customer, how do I take advantage of this offer?

A: You can first conveniently open a new U.S. Dollar High Rate Savings Account± online. Once your account is ready, new deposits can be made to your account, and with these funds you can open a U.S. Dollar Term Deposit through online banking. 

Interested in a GIC or registered term deposit?

Special offers with competitive rates are also available for GICs and registered term deposits. Invest with peace of mind.

* Terms and conditions apply. All rates are per annum as of December 5, 2022 and subject to change without notice.

Interest calculation:

 

- 180-day U.S. Dollar Term Deposit offer: Interest is calculated daily, not compounded and is paid at maturity. 

- 1-year U.S. Dollar Term Deposit offer: Interest is calculated daily, not compounded and is paid at maturity. 

 

Redemption:

 

Redemption or withdrawal of all or a portion of the U.S. Dollar Term Deposit prior to the end of the term is allowed.  We will not pay you any interest on the portion of the U.S. Dollar Term Deposit that is redeemed or withdrawn prior to the maturity date.

 

The special interest rate offer may not be combined with any other offers.

 

± Terms and conditions apply to U.S. Dollar High Rate Savings Account

 

The U.S. Dollar Term Deposits to which this offer applies are eligible for deposit insurance coverage by the Canada Deposit Insurance Corporation (CDIC).