Terms and conditions

  • The one month 0% p.a. interest rate promotion and one year interest-free lucky draw and online offers ("The Promotions") are applicable to HSBC’s personal line of credit or personal loan account applied between 18 May 2009 and 30 September 2009 and opened by 30 October 2009.
  • Customers on staff preferential interest rates are not eligible for The Promotions, unless otherwise specified by the Bank.
  • All the terms and conditions under The Promotions should be read in conjunction with the prevailing personal line of credit and personal term credit terms and conditions.
  • The Bank reserves the right to vary the terms and conditions of and to suspend or terminate The Promotions at any time without prior notice.
  • The Bank’s decision on all matters relating to The Promotions is final and no appeal or correspondence will be entertained.
  • All approved accounts will get 1 chance each. For approved accounts applied via online with one hour approval in principle granted, they will get double chance.
  • There will be a total of 4 draws and there will be 1 winner per draw. Refer below for the lucky draw dates and announcement of winners.
    Personal loan disbursement date /
    Personal line of credit account open date    		 Lucky draw dates Results announcement
    18 May - 30 June 2009 17 July 2009 24 July 2009
    1 July - 14 August 2009 28 August 2009 4 September 2009
    15 August - 30 September 2009 16 October 2009 23 October 2009
    1 October - 26 November 2009 9 December 2009 14 December 2009
  • The lucky draws will be conducted at:
    The Hongkong and Shanghai Banking Corporation Limited
    #03-02 The Comtech, Lobby A, 60 Alexandra Terrace,
    Singapore 118502
  • The winners will be notified by post.
  • The names of the winners of the draw will be posted and updated at www.hsbc.com.sg..
  • This lucky draw is also open to HSBC’s appointed agencies not directly involved in the promotion.
  • The Bank reserves the right to change the allocation of lucky draw chances from time to time at its absolute discretion.
  • The winners will be given a cash rebate in accordance with these terms and conditions.
    a) The cash rebate will be computed based on the interest paid in the first 12 instalments for each personal loan account or interest charged in the first 12 statements for each personal line of credit account.
    b) The cash rebate will be credited to the personal loan repayment account or personal line of credit account in the 14th month from the disbursement date and account opening date respectively, unless otherwise determined by the Bank. 
    c) The cash rebate will be capped at S$2,000 per winner. 
    d) The personal loan, personal line of credit account or any other unsecured facilities (with the Bank) must at all times be in good standing (as determined by the Bank at its absolute discretion) from account opening to the point of cash rebate, otherwise the cash rebate amount shall be forfeited.  
    e) The Bank reserves the right to compute the cash rebate amount in a manner that the Bank may in its absolute discretion deem appropriate. 
    f) The cash rebate is not transferrable and the rebate amount is not exchangeable for cash or in kind. 

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