Top of main content

Start saving

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

A Bonus Rate that’s in your best interest

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

  • Get 0.75% bonus 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 October 1, 2021 to December 17, 2021.

Bonus interest rate for length of promotion

Get up to a 1.15% total interest rate per annum on New Deposits2 to your CAD HSBC Small Business HRSA from October 1, 2021 – December 17, 2021. That’s a bonus interest rate of 0.75% until the end of the promotion period on top of your regular interest rate on all New Deposits.2

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

Get up to a 1.15% total interest rate per annum on New Deposits2 to your CAD HSBC Small Business HRSA from October 1, 2021 – December 17, 2021. That’s a bonus interest rate of 0.75% until the end of the promotion period on top of your regular interest rate on all New Deposits.2

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

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.

*Terms and conditions apply.

1 Rates are as of October 1, 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 September 30, 2021, and

2) The balance increase in Small Business Savings Balance from the close of business on September 30, 2021.

Listening to what you have to say about our services matters to us. It's easy to share your ideas, stay informed and join the conversation.