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HSBC High Rate Savings Info & Reviews

Financial Products > Savings Accounts > HSBC High Rate Savings
Detailed information, reviews and ratings for the HSBC High Rate Savings.
Useful when comparison shopping for a new canadian savings account.

Information about the HSBC High Rate Savings

Product NameHSBC High Rate Savings
Available InCanada (All Provinces)
Offered ByHSBC Bank Canada
Product PageHSBC High Rate Savings
Interest Rateup to $24,999.99: 0.55 %  Interest Rate Increased from 0.45 % to 0.55 % on November 20, 2018
between $25,000 and $49,999.99: 0.25 %  Interest Rate Decreased from 0.45 % to 0.25 % on April 6, 2020
between $50,000 and $99,999.99: 0.25 %  Interest Rate Decreased from 0.45 % to 0.25 % on April 6, 2020
$100,000.00 and over: 0.25 %  Interest Rate Decreased from 0.45 % to 0.25 % on April 6, 2020


Chart of historical values for the HSBC High Rate Savings Tier 1 Rate
  • 1 Year
  • 3 Years
  • 5 Years
  • 10 Years
  • All Data
Minimum Balance$0
Withdrawal Fee$0
Other FeesWithdrawals to another HSBC bank account in the same name are free.
All other debit transactions are $1.00

ATM Fees:
HSBC Bank Canada and The Exchange ATMs in Canada: $1.00 ($1.00 + $0.00)
Other Canadian ATMs: $2.50 ($1.00 + $1.50)
International ATMs: $4.00 ($1.00 + $3.00)
Fund TransfersWithdrawals:
Branch Cash Withdrawals
Interac Direct Debit
ATM Cash Withdrawal
Pre-Authorized Debit
Transfer to another HSBC Bank account in the same name

Deposits:
Transfer from another HSBC Bank account in the same name
Branch deposits
ATM deposits
Deposit InsuranceCDIC
Additional NotesNo interest is paid on the portion of any account balances exceeding 1 million dollars.
Please Note: This database is intended to help you explore your options when looking for a financial product. Product features and information can change faster than we can update our database and we cannot guarantee the accuracy of the information in the above table.
Always visit the financial institutions product page and carefully review the information there before making a final decision.

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