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Business Savings Account

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Start saving today! Receive bonus interest on New Deposits.

Boost your savings performance with a bonus interest rate on new deposits to your Canadian-domiciled HSBC Business Savings Account.

From October 31, 2022 until April 30, 2023, you can earn 1.15% Bonus Interest (% per annum) on New CAD Deposits to a maximum of $29,999,999.99 CAD and 0.75% Bonus Interest (% per annum) on New USD Deposits to a maximum of $29,999,999.99 USD.

How it works

Bonus Interest will be earned on New Deposits of up to CAD $29,999,999.99 in your CAD Business Savings Account and up to USD $29,999,999.99 in your USD Business Savings Account in addition to Regular Interest. The sum of Regular Interest and Bonus Interest will determine the total interest payable during the Promotion Period on New Deposits. For example:
CAD Business Savings Account
USD Business Savings Account
On the portion of your total daily closing balance (including New Deposits)
CAD Business Savings Account Regular Interest Rate (%)*
Bonus Interest Rate paid on New CAD Deposits only (% per annum)
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)*
USD Business Savings Account Regular Interest Rate (%)*
Bonus Interest Rate paid on New USD Deposits only (% per annum)
Regular + Bonus Interest Rate on New Deposits During the Promotion Period (%)*
Between $0.00 - $24,999.99
3.00%
1.15%
4.15%
2.40%
0.75%
3.15%
Between $25,000.00 - $499,999.99
3.10%
1.15%
4.25%
2.45%
0.75%
3.20%
Between $500,000.00 - $999,999.99
3.25%
1.15%
4.40%
2.65%
0.75%
3.40%
Between $1,000,000.00 - $4,999,999.99
3.60%
1.15%
4.75%
3.00%
0.75%
3.75%
Between $5,000,000.00 - $29,999,999.99
3.85%
1.15%
5.00%
3.25%
0.75%
4.00%
No interest paid for balances equal or greater than $30,000,000.00
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

* Annual interest rates; subject to change.

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Terms and Conditions

For more information on rates associated with this promotion, please review the terms and conditions below
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