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.
| 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% |
| 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.