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Pay just $4 a month in administration fees.
$4
Account Fee
HSBC‘s line of chequing accounts has something for everyone. If you use your chequing account to make only a few transactions per month, the HSBC Performance Chequing - Limited account could be a good option. It offers all your essential banking needs at a lower monthly fee. In other words, you won’t pay for features you don’t use.
Find out if the HSBC Performance Chequing - Limited account is right for you.
The HSBC Performance Chequing - Limited account is one of several chequing accounts offered by HSBC. In addition to chequing accounts, the bank offers savings accounts, credit cards, business banking and investment products.
HSBC‘s banking products aren’t a whole lot different from those offered by Canada’s Big Six banks. As a fully regulated financial institution, HSBC Canada is fully insured by the Canada Deposit Insurance Corp. Just keep in mind you won’t find nearly as many HSBC branches in Canada as you would TD, RBC, Scotiabank, BMO or CIBC.
As of November 29th, 2019, HSBC has 145 branches across Canada. They are located mainly in Ontario and British Columbia.
Being fully regulated and insured doesn’t mean HSBC gets off scot-free in the consumer complaint department. If you visit the Consumer Affairs website, you’ll see close to 100 one-star reviews of the bank’s customer service. Keep in mind that none of these reviews are from Canadian customers. Also bear in mind that most people visit Consumer Affairs to complain, so that partly explains why the reviews are so poor.
The following are some of the main benefits of an HSBC Performance Chequing - Limited account:
The following are some of the disadvantages of the HSBC Performance Chequing - Limited account:
HSBC customer service can be reached online and through telephone. For online and mobile banking inquiries, call 1-877-621-8811.
For a full list of contact numbers, check out the following page.
Customer service is available in English, French, Mandarin and Cantonese.
If you’re looking for a simple chequing account without all the fees, HSBC Performance Chequing - Limited account could be a good option. It’s one of the most affordable chequing accounts available in Canada today and one that ensures you’re not paying for services you don’t need. If 14 transactions per month are roughly what you need, consider what this account has to offer. You might also want to consider the HSBC Premier Chequing account.