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Get 1.25% on U.S. Dollar Redeemable Term Deposits*

Guaranteed rates on 180-Day and 1-Year Terms. Available until June 1, 2020*.

Get guaranteed rates on 180-Day and 1 Year U.S. Dollar Redeemable Term Deposits (USD Term Deposit). These are limited time offers available from May 1 to June 1, 2020.

HSBC has great USD Term Deposit offers available to you:

Product Term Deposit amount (USD)
Rate (per annum)
U.S. Dollar Redeemable Term Deposit

180-Day

$500.00 or higher1,2
1.25%
U.S. Dollar Redeemable Term Deposit
1 Year
$500.00 or higher1,2
1.25%

HSBC has great USD Term Deposit offers available to you:

Product U.S. Dollar Redeemable Term Deposit
Term

180-Day

Deposit amount (USD)
$500.00 or higher1,2
Rate (per annum)
1.25%
Product U.S. Dollar Redeemable Term Deposit
Term 1 Year
Deposit amount (USD)
$500.00 or higher1,2
Rate (per annum)
1.25%

Rates subject to change without notice.

1 For New Deposits only, maximum of $5,000,000 USD per customer.

2 For USD Term Deposit opened via Online Banking services the maximum per certificate is $249,999.99 Canadian dollar equivalent.

 

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

Get started

Already have an HSBC account?

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

New to HSBC?

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

(i) 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 Details:

  • The deposit must be made and the confirmation for the U.S. Dollar Redeemable Term Deosit (USD Term deposit) must be issued during the period from May 1, 2020 to and including June 1, 2020. 
  • The USD Term Deposit must be in U.S. Dollar currency. 
  • An online purchase option is also available with a maximum deposit amount of $249,999.99 in Canadian Dollar equivalent per certificate for the USD Term Deposit.  Please note that the aggregate daily Online Banking transfer limit of $249,999.99 in CAD dollars or foreign currency equivalent applies to the accounts held under the same customer number (the first 9 digits of a Chequing or Savings account number).
  • For USD Term Deposits purchased using New Deposits (defined below), the total deposits made cannot exceed $5,000,000.00 USD per customer. However, there is no limit on the number of USD Term Deposits or the total deposits made if the source of funds used for the deposits are not New Deposits. 
  • In these terms and conditions, “New Deposits” means any funds that come from a source other than the balances held as of May 1, 2020  in any sole or joint account with HSBC Bank Canada or any of its subsidiaries, including deposit accounts (such as Chequing, Savings, Term Deposit and Registered accounts) or investment accounts (such as mutual funds, World Selection Portfolio, Portfolio Investment Management accounts and InvestDirect balances). 
  • Interest is calculated daily and is not compounded. 
  • The “Interest Payment Frequency” field in the confirmation for the 180-Day or 1 Year U.S. Dollar Redeemable Term Deposit must state “At maturity”. 
  • The deposit must be made by an individual, either alone or jointly with other individuals. 
  • The USD Term Deposit cannot be held in any registered plan such as RRSP, RRIF or TFSA.
  • Redemption or withdrawal of all or a portion of the USD Redeemable Term Deposit prior to the end of the term is allowed.  We will not pay you any interest on the portion of the USD Redeemable Term Deposit that is redeemed or withdrawn prior to the maturity date.

Why invest with HSBC?

Guaranteed performance

Grow your wealth the guaranteed way.

Safe & secure

Enjoy peace of mind knowing your fixed-term investments are in safe hands.

Competitive rates

With some of the best rates in the market, it’s easier than ever to decide on investing in an HSBC Term Deposit.

* Offer expires June 1, 2020. Interest rate is per annum. Interest is calculated daily and is paid at maturity. Minimum deposit amounts apply. Terms and Conditions apply.

** Terms and conditions apply for Chequing or Savings Account

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