HSBC High Interest Savings Bonus Rate of up to 6.35% till January 12, 2024 | Page 5 | HSBC | Discussion forum

For those of you who linked Tangerine to HSBC, think you guys mentioned u use 9 digit AC# instead of 12. However when I only specify 9 digits and ignore the first 3 digits which is the transit#, Tangerine failed to link.

The first 2 times I used 12 digits and even tho micro deposits sent thru successfully, I was unable to do an actual transfer of my own money, with Tangerine claiming the HSBC account# is wrong (even tho the micro deposits went thru)

Did Tangerine purposely make it difficult knowing the HSBC 6.35% promo.....
argh

The Rock said

The transit number is actually 4 digits. Did you use the 4 digit transit and the 9 digit account number?  

my transit is 5 digits: 10432 and first 3 digits of my AC# 432 which I excluded and use remaining 9 digits for AC#.
FI# 016

To link to Tangerine, be sure to use the numbers from the HSBC void blank cheque.
https://www.highinterestsavings.ca/forum/hsbc/hrsa-new-deposit-promo-tier1-4-25-tier2-4-75/page-6/#p80186

InterestThis said

Did it work properly?  

Yes it did. I then pulled $200k the next day and that also worked. Not sure if there's a limit or what the limit is, but we now know it's at least $200k per transfer and that should be enough for almost everyone.

Is there a DAILY maximum one can push from Tangerine to HSBC?

The Rock said

Yes, 5 digits, sorry. Not sure why it didn't work. If you're having trouble with the EFT just do a check e-deposit using the HSBC mobile app.  

I need the link so that i can transfer it out from hsbc when promo expires in Jan.
Only have savings account at HSBC cuz checking account req min. balance to be free.

Lodown said
Is there a DAILY maximum one can push from Tangerine to HSBC?  

I haven't hit one. Of course, you need to call Tang CSR to request large amounts.

Thanks for the info. In this age of electronic finance, why force a call to a CSR for over $25k ...especially when they are so understaffed making for excessive wait times. No call needed to a CSR to move any amount IN, it appears. IMO it is nothing but a ploy to keep investors money in their coffers longer by putting in a 'pain' factor to moving money out.

savemoresaveoften said
For those of you who linked Tangerine to HSBC, think you guys mentioned u use 9 digit AC# instead of 12. However when I only specify 9 digits and ignore the first 3 digits which is the transit#, Tangerine failed to link.

The first 2 times I used 12 digits and even tho micro deposits sent thru successfully, I was unable to do an actual transfer of my own money, with Tangerine claiming the HSBC account# is wrong (even tho the micro deposits went thru)

Did Tangerine purposely make it difficult knowing the HSBC 6.35% promo.....
argh  

When I see the HSBC linked account on Tang, the account number does not contain a hyphen eg 123456789 whereas the void cheque pdf does contain a hyphen eg 123456-789. I can’t recall if I used a hyphen entering the account number. So it might be that?

kesa said

When I see the HSBC linked account on Tang, the account number does not contain a hyphen eg 123456789 whereas the void cheque pdf does contain a hyphen eg 123456-789. I can’t recall if I used a hyphen entering the account number. So it might be that?  

Did not put in hyphen.

The first 2 successful link were based on 12digit acct# and micro deposits went thru fine. It’s only when I tried to a real transfer when they deleted it claiming wrong acct info. Third attempt with 9 digits and micro deposits won’t go thru.

Now I have 4 micro deposits sitting in the HSBC but no link to Tangerine. Tangerine can’t explain to me either why micro deposits went thru but a real transfer does not (may be they just make difficult to deter me??)

Yes I used to have a hsbc checking acct as well and kept $3500 there to waive fee. But with rates now at 5% instead of 0%, that’s giving away more than $10 a month and not worth it any more for the hsbc promo that comes out maybe once a year.