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Get a head start now with earning bonus interest

Give your business a head start with up to 1.15%* total interest rate on New Deposits

Earn a bonus interest rate on New Deposits to your HSBC Small Business High Rate Savings Account

Boost your business savings performance with a bonus interest rate.

Earn a bonus interest rate on new deposits2 to your HSBC Small Business High Rate Savings Account.

Get up to a 1.15% total interest rate on new deposits2 of up to CAD $4,999,999.99*.

Open a new CAD HSBC Small Business HRSA or make new deposits2 to an existing Small Business HRSA.

Available from January 5, 2022 to April 29, 2022. That’s a bonus interest rate of 0.75% until the end of the promotion period on top of your regular interest rate1 on all New Deposits.2

Bonus interest rate for length of promotion

On the portion of your daily closing balance
Regular Interest Rate (%)1

Bonus Interest Rate (%)

(paid on New Deposits only)2

Regular + Bonus Interest Rate on New Deposits During the promotion period (%)**

Between $0.00 - $99,999.99
0.20%
0.75%
0.95%
Between $100,000.00 - $499,999.99
0.25%
0.75%
1.00%
Between $500,000.00 - $1,499,999.99
0.35%
0.75%
1.10%
Between $1,500,000.00 - $4,999,999.99
0.40%
0.75%
1.15%
Between $5,000,000.00 - $9,999,999.99
0.50%
0.00%
0.50%
No interest paid for balances greater than $10,000,000.00
0.00%
0.00%
0.00%

Bonus interest rate for length of promotion

On the portion of your daily closing balance
Between $0.00 - $99,999.99
Regular Interest Rate (%)1 0.20%

Bonus Interest Rate (%)

(paid on New Deposits only)2

0.75%

Regular + Bonus Interest Rate on New Deposits During the promotion period (%)**

0.95%
On the portion of your daily closing balance
Between $100,000.00 - $499,999.99
Regular Interest Rate (%)1 0.25%

Bonus Interest Rate (%)

(paid on New Deposits only)2

0.75%

Regular + Bonus Interest Rate on New Deposits During the promotion period (%)**

1.00%
On the portion of your daily closing balance
Between $500,000.00 - $1,499,999.99
Regular Interest Rate (%)1 0.35%

Bonus Interest Rate (%)

(paid on New Deposits only)2

0.75%

Regular + Bonus Interest Rate on New Deposits During the promotion period (%)**

1.10%
On the portion of your daily closing balance
Between $1,500,000.00 - $4,999,999.99
Regular Interest Rate (%)1 0.40%

Bonus Interest Rate (%)

(paid on New Deposits only)2

0.75%

Regular + Bonus Interest Rate on New Deposits During the promotion period (%)**

1.15%
On the portion of your daily closing balance
Between $5,000,000.00 - $9,999,999.99
Regular Interest Rate (%)1 0.50%

Bonus Interest Rate (%)

(paid on New Deposits only)2

0.00%

Regular + Bonus Interest Rate on New Deposits During the promotion period (%)**

0.50%
On the portion of your daily closing balance
No interest paid for balances greater than $10,000,000.00
Regular Interest Rate (%)1 0.00%

Bonus Interest Rate (%)

(paid on New Deposits only)2

0.00%

Regular + Bonus Interest Rate on New Deposits During the promotion period (%)**

0.00%

**All rates are per annum and subject to change without notice.

Offer details

Only the CAD HSBC Small Business High Rate Savings Accounts qualify for the bonus interest.

  • Offer is open to new and existing HSBC customers with New Deposits2 up to $4,999,999.99 in a Canadian dollar HSBC Small Business HRSA from January 5, 2022 to April 29, 2022. 
  • Bonus interest is earned on New Deposits2 of up to a combined $4,999,999.99 in all of a customer’s Small Business HRSAs, i.e. the limit is not per HSBC Small Business HRSA.

Get a head start now with earning bonus interest

New to HSBC Small Business?

You must open a HSBC Business Savings Account together with a Small Business chequing account when using the online application journey.

Already an HSBC Small Business customer?

Talk to your BRM to open a new HSBC Small Business High Rate Savings Account.

If you have an existing HSBC Small Business High-Rate Savings Account, you can conveniently make a deposit digitally on either HSBCnet, HSBCnet Mobile or HSBC Fusion Canada App.

Important information

*Terms and conditions apply. Offer ends April 29, 2022.

1 Rates are as of January 5, 2022 and subject to change. The Regular Interest Rate is calculated daily and paid monthly.

2 “New Deposits” means the portion of the daily closing balance of your CAD Small Business High Rate Savings Account during the Promotion Period which is the lower of the following two amounts:

1) The balance increase in Total Deposits from the close of business on January 4, 2022, and

2) The balance increase in Small Business Savings Balance from the close of business on January 4, 2022.

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