A convenient way to save and manage your U.S. Dollars
If you travel to the United States or need to make transactions in U.S. dollars, you'll appreciate having funds readily available. Plus, you can purchase U.S. dollars whenever rates are favourable and keep them in your account until you need them – reducing the need to exchange funds when it may not be as financially advantageous.
You can transfer money between your other HSBC accounts through Online Banking, Telephone Banking and in-branch.
You don’t pay a monthly administration fee, so your savings work harder. And no minimum balance means even a little can grow a lot.
Open a U.S Dollar High Rate Savings Account today.
Key features and benefits
Provides a convenient way to save U.S. dollars
Buy U.S. dollars when exchange rates are favourable and have them available when you need them.
Make USD transactions in U.S. currency
Avoid extra exchange rate charges when making U.S. dollar transactions.
No monthly fees1
Your money works harder with no monthly administration fee.
No minimum balance
Deposit or withdraw money whenever you need to.
Open an account
New to HSBC?
Existing HSBC customer
Open an account instantly, transfer funds and start saving right away.
Not sure which savings or investment option is the one for you?
Regular Savings Accounts in CAD and foreign currencies (U.S., Euro, Swiss, British, Japanese) and Investment Savings Accounts are no longer offered by HSBC. For information on any of these accounts, call us at 1-888-310-4722 or visit your local branch.
3 Including Telephone Banking and Online Banking withdrawals. Interac®1 Direct Payments, ATM withdrawals/transfers out and pre-authorized debits not available for Foreign Currency High Rate Savings accounts and Foreign Currency Savings Accounts. Only Canadian dollar accounts can be linked to HSBC debit cards.