1.75% HSBC
Interest
  • Calculated daily
  • Paid monthly
Insurance
CDIC insured
Transaction fees1
Item Fee
Transactions $0.00
Internal transfers N/A
E-transfer2 N/A
External ATM2 N/A
1 extra charges may apply for teller-assisted transactions
2 plus transaction fee
Monthly fee
$0.00
Notes
  • Competitive total interest rates* of 1.75% on New Deposits of up to $1 Million CAD
  • No monthly fees
  • No minimum balance required
  • Interest is calculated daily and paid monthly to you
  • Access your High Rate Savings Account through multiple channels: HSBC Mobile and Online banking HSBC Bank Canada Branches and THE EXCHANGE Network ®+ across Canada and around the world
  • Risk free returns
  • Bonus interest rate of 1.70% per annum from September 13 2021 to December 16 2021 on New Deposits± of up to $1 million CAD. Bonus Interest is earned during the Promotion Period only
  • *Terms and conditions apply. Rates as of September 10 2021 and subject to change without notice. The Regular Interest Rate is calculated daily and paid monthly. Bonus Interest earned on New Deposits is 1.70% per annum calculated daily on the daily closing balance of the New Deposits and paid monthly. The current regular interest rate (paid on the entire HRSA balance) is 0.05%. ±New Deposits is the lower amount of the increase in Total Deposits (all your deposit accounts under the same Customer Account Number with HSBC Bank Canada) and increase in High Rate Savings Account Balance. New Deposits in the following Savings accounts do not qualify for Bonus Interest: - Foreign currency accounts - Investment Savings Premier Youth Advance and Regular savings accounts Youth Savings - Registered accounts such as Tax Free Savings RRSP and RRIF accounts - Personal Holding Company Accounts - Trust Accounts + Debit card fees for withdrawal may apply (see Personal Service Charges Statement of Disclosure to learn more) ® THE EXCHANGE and Accel are registered trademarks owned by Fiserv Inc. licensed for use in Canada by FICANEX Services Limited partnership. ®Interac e-Transfer is a registered trade-mark of Interac Inc. Used under license. For more information and to confirm most recent rates please visit www.hsbc.ca
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