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HSBC

Small business welcome offer Up to 600$ ($400 reasonable to accomplish)

  • Last Updated:
  • Nov 22nd, 2022 10:49 pm
Sr. Member
User avatar
Apr 24, 2013
933 posts
730 upvotes
Waterloo

[HSBC] Small business welcome offer Up to 600$ ($400 reasonable to accomplish)

Deal Link:
Expiry:
November 30, 2022
Retailer:
HSBC
More offers from HSBC
https://www.hsbc.ca/small-business-bank ... offer/#faq

https://www.hsbc.ca/content/dam/hsbc/ca ... es--en.pdf




The offer is up to 600$ but with the way it is structured, 400$ seems reasonable to accomplish without too much effort.

1. Open a Small Business Chequing and a Savings account and get $200*. If you open both accounts online, get an additional $100*. Plus, earn a bonus total interest of up to 2.50%¹ on new deposits to your new Small Business Savings Account²


2. 2. Register and login to HSBCnet and get $100*


Optional ------ 3. Open an HSBC BusinessVantage® Mastercard® and get $200*

The picture below has all the details.

The gist of it is
- You need to be a new HSBC small businnes account holder.
- Need to open Both Business Chequing and Savings accounts online
- Deposit 5000$ in either of those two and maintain that balance for 3 months.
- Accounts need to be opened for 12 months
- The lowest fee for the chequing account is 5$ per month and you have 10 transactions included.
- Receive a $100* bonus when you register for HSBCnet and login within the first 30 days of opening a Small Business Chequing Account

My calculation is 60$ for account fees (5$x12months)
So 400$ from opening accounts + the HSBCnet app - 60$for fees = net 340$ .
Images
  • hsbc-fusion-welcome-bonus-offer-en.JPG
2 replies
Deal Addict
Apr 10, 2011
3914 posts
4767 upvotes
Canada
Although I like the HSBC offerings, I wouldn't be surprised of they indeed get purchased by TD Bank and within 6 months find significant anomalies in their financial practices from their global transactions. Hopefully that doesn't happen. HSBC is a good addition to the under-competitive Canadian banking market.
Sr. Member
User avatar
Apr 24, 2013
933 posts
730 upvotes
Waterloo
I am not sure why there aren't more ppl on this or even giving feedback. Similar deal like with CIbc business offer and that one had a lot of publicity/ Can someone share some feedback?

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