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% |
0.30% |
0.50% |
Between $100,000.00 - $499,999.99 |
0.25% |
0.30% |
0.55% |
Between $500,000.00 - $1,499,999.99 |
0.35% |
0.30% |
0.65% |
Between $1,500,000.00 - $4,999,999.99 |
0.40% |
0.30% |
0.70% |
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% |
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 |
0.30% |
Regular + Bonus Interest Rate on New Deposits During the promotion period (%)** |
0.50% |
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 |
0.30% |
Regular + Bonus Interest Rate on New Deposits During the promotion period (%)** |
0.55% |
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 |
0.30% |
Regular + Bonus Interest Rate on New Deposits During the promotion period (%)** |
0.65% |
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 |
0.30% |
Regular + Bonus Interest Rate on New Deposits During the promotion period (%)** |
0.70% |
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
Get started 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.
Need to talk to us?
*Terms and conditions apply.
1 Rates are as of January 4, 2021 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, 2021, and
2) The balance increase in Small Business Savings Balance from the close of business on January 4, 2021.