Get guaranteed rates on Non-redeemable, Non-registered GICs. These are limited time offers available from March 27, 2020 to April 30, 2020.

HSBC has great GIC offers available to you:

Product
Term Deposit amount (CAD)
Rate (per annum)
Non-redeemable simple interest
(Non-registered)
30-Day
60-Day
90-Day
120-Day
180-Day
270-Day
Min. $5,000.00*
2.25%
Non-redeemable simple interest
(Non-registered)
1 Year
Min. $1,000.00*
2.25%

HSBC has great GIC offers available to you:

Product
Non-redeemable simple interest
(Non-registered)
Term 30-Day
60-Day
90-Day
120-Day
180-Day
270-Day
Deposit amount (CAD)
Min. $5,000.00*
Rate (per annum)
2.25%
Product
Non-redeemable simple interest
(Non-registered)
Term 1 Year
Deposit amount (CAD)
Min. $1,000.00*
Rate (per annum)
2.25%

Rates subject to change without notice.

* There is no limit on the number of GICs that can be purchased under this offer, but the total amount of deposits made per customer using New Money cannot be more than $5,000,000 CAD.

 

Terms and Conditions apply. For full details, please read the terms and conditions below.

Take advantage of this great offer with a few simple steps:

For an existing HSBC Small Business customer: 

1. Simply get this offer by calling us at 1-877-955-HSBC (4722)

Not yet an HSBC Small Business customer? 

1. Open a Business Chequing account online to get a $300 welcome bonus1 until April 20, 2020.

2. Your dedicated HSBC Business Relationship Manager will contact you and,

3. Transfer funds to your GIC on your terms2

Offer Details:

  • New Money means any funds that come from a source other than the balances held as of March 27, 2020 in any sole or joint account with HSBC Bank Canada or any of its subsidiaries.
  • The deposit must be made and the confirmation for the Non-redeemable, Non-registered GIC (simple interest option) must be issued during the period from March 27, 2020 to and including April 30, 2020. 
  • The Non-redeemable, non registered GIC must be in Canadian currency. 
  • The amount deposited in a 180-Day Non-redeemable GIC must be between $5,000.00 CAD and $5,000,000 CAD. The amount deposited in a 1 Year Non-redeemable, Non-registered GIC must be between $1,000.00 CAD and $5,000,000 CAD. There is no limit on the number of GICs that can be made under this offer per customer, however, the total deposits made under this offer cannot exceed $5,000,000 CAD per customer. 
  • Interest is calculated daily and is not compounded. 
  • The “Interest Payment Frequency” field in the confirmation for the 30-Day, 60-Day, 90-Day, 120-Day, 180-Day or 270-Day or 1 Year Non-redeemable, Non-registered GIC must state “At maturity”. 
  • You must qualify as an HSBC Small Business customer, meaning your business must be a sole proprietorship, partnership or corporation domiciled in Canada and with an annual gross revenue below $5 million CAD. Other requirements may apply. 
  • The Non-redeemable, Non registered GIC cannot be held in any registered plan such as RRSP, RRIF or TFSA. 
  • Redemption or withdrawal of all or a portion of the Non-redeemable, non-registered GIC prior to the end of the 30-Day, 60-Day, 90-Day, 120-Day,180-Day, 270-Day or 1 Year term, as applicable is not allowed. If we permit you to withdraw prior to the end of the term, we will not pay you any interest on the withdrawn amount.

1 Terms and conditions apply to the Welcome Bonus offer. Offer period is until April 20, 2020.  To be eligible to receive the Small Business Cashback Payment you must qualify as an HSBC Small Business customer and open a Small Business Chequing Account during the Offer Period. Account must remain in good standing and maintain a minimum balance of at least $1,000 for each of the three months after opening for the Small Business Cashback Payment to be paid. The Account must remain open and be in good standing for at least six months after the end of the month during which the Small Business Cashback Payment is received. Visit hsbc.ca for full terms and conditions.

2 Guaranteed investment certificates ("GIC") can be purchased in Branch or by telephone at 1-877-955-HSBC (4722). The special interest rate offer is not available via Online banking services.