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Personal Line of Credit Fund Transfer

Personal Line of Credit Fund Transfer

Benefits

With HSBC's personal line of credit fund transfer, you can enjoy:

  • Attractive interest rates of 3.50% p.a.* or 7.50% p.a.* with no processing fee.
  • Choice of tenor for 6 or 12 months

HSBC's Personal Line of Credit Fund Transfer

Save more with HSBC

Assuming an outstanding balance of S$5,000 on other credit card or credit lines
  Other credit card Other credit line
Interest rate (p.a.) 24% p.a. 17.80% p.a.
Interest charged for 12 months S$1,200 S$890
Interest charged in 6 months S$600 S$445
Transfer funds for 12 months at 7.5% p.a.
Interest charged for 12 months S$375 S$375
You save! S$825 S$515
  69% 58%
Transfer funds for 6 months at 3.50% p.a.
Interest charged for 6 months S$88 S$88
Your save! S$513 S$358
  85% 80%

Figures have been simplified for illustration purposes. Terms and conditions apply.

Next steps

Apply now, no documents needed for existing HSBC's personal line of credit customers!

Apply Now

 

Not yet an HSBC's personal line of credit customer?

Find out more about our latest promotion when you sign up today.

Find out more on HSBC's Personal Line of Credit promotions!

 

Find out how you can save with HSBC's Personal Line of Credit Fund Transfer

Use our calculator and find out how your current fund transfer compares with HSBC's personal line of credit fund transfer promotion.

Use our calculator and find out how your current fund transfer compares with HSBC's personal line of

 

Call our 24-hour Customer Service Hotline on 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas.

 

* Terms and conditions

1. To enjoy this promotion, sign up by 10 January 2009.
2. Payments made to HSBC's personal line of credit account are applied in the following order of priority, namely drawings charged at the preferential or promotional interest rate and drawings charged at the prevailing interest rate.
3. Each online application for HSBC's fund transfer from personal line of credit customers will receive S$30 shopping voucher upon the approval of their application if the required acknowledgement form is received by the Bank by the next working day.
4. The promotional interest rate is only applicable for the approved fund transfer amount. Any outstanding balance and subsequent drawings will be charged at the prevailing interest rate.
5. The minimum transfer amount is S$1,000 and up to 80% of the amount determined by (a) the customer's approved credit limit minus (b) any outstanding balance on HSBC's personal line of credit at the time of processing of application.