Bank Accounts

High-yield savings accounts offer significantly higher interest rates than regular savings accounts. You can earn much more on your money to grow your savings faster. If you are seeking better financial return on your savings, you should consider opening high-yield savings accounts with reputable banks.

  • Get up to $1,000* in cash back and rewards when you switch over to us by November 30, 2020
  • $0 monthly banking fees* for 6 months
  • Unlimited account transactions including INTERAC e-Transfer® Fees¹ waived
  • Dedicated Premier Relationship Manager for all your financial needs
  • Emergency cash of up to US$2,000¹ at any HSBC branch worldwide
  • Unlimited ATM withdrawal fee rebates incurred at non-HSBC ATMs in Canada
  • $0 global wire transfer fees² under 10K

    Issued by HSBC Bank Canada and HSBC Investment Funds (Canada) Inc. *Terms and Conditions apply.
    ¹Other regular transaction fees may apply. Exchange rates will apply.
    ²Agency/beneficiary bank fees may apply. Additional conditions apply.
    ®Trade-mark of Interac Inc. Used under license.
  • Get up to $800* in cash back and rewards when you switch over to us by November 30, 2020.
  • $0 monthly banking fees* for 6 months
  • INTERAC e-Transfer® Fees¹ waived
  • Unlimited account transactions
  • Free ATM withdrawals from HSBC ATMs or EXCHANGE® Network ATMs (over 3,500 locations across Canada)
  • 5 monthly ATM-Withdrawal-fee rebates from other bank ATMs in Canada
  • $0 global wire transfer fee² under 10K

    Issued by HSBC Bank Canada and HSBC Investment Funds (Canada) Inc. *Terms and Conditions apply.
    ¹Other regular transaction fees may apply.
    ²Agency/beneficiary bank fees may apply. Additional conditions apply.
    ®Trade-mark of Interac Inc. Used under license.
  • Special Offer: Become a new Client and earn 2.15%* interest for the first 5 months on your first Savings Account. Plus, you could earn $200*.
  • To earn 2.15% interest*: 1. Become a new Client online by November 23, 2020 using promo code 'EARNMORE'; 2. Open your first eligible Savvings Account and Chequing Account within 30 days; 3. Earn 2.15% interest in your Savings Account for 5 months
  • To get a $200 payroll Bonus*: Complete steps 1 to 3; Add your payroll - have the first payroll direct deposit in your Chequing Account within 60 days of opening the Account; Keep your payroll direct deposits going into your Account for at least 3 straight months and you'll earn a $200 bonus after the 3rd month
  • Step up your savings with 1.50% everyday interest* with an EQ Bank Savings Plus Account
  • No everyday banking fees
  • Cheap international money transfers
  • Unlimited transactions**
  • No minimum balance
  • Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.
  • Transactions may be subject to monetary limitations. Please see our fees and features page for more information.
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