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Card Balance Conversion Plan

Pay at your own pace

Enjoy the freedom of flexible monthly payments

HSBC Card Balance Conversion Plan helps you manage your finances by dividing your purchases into smaller instalments. Best of all, you can use it on a wide range of transactions including:

  • Downpayment on a car
  • Online shopping
  • Electronic gadgets
  • Air tickets

How it works

Here's an example of how HSBC Card Balance Conversion Plan works:

Purchase a new laptop for S$1,800 with your HSBC credit card
Instalment period One-time processing fee Monthly instalment
12 months S$90 
(based on 5% transaction amount)
S$150
Opt for any of our instalment payment periods available with a low one-time processing fee
Instalment Period 3 months 6 months 12 months
Exclusive rate for HSBC Advance Visa Platinum credit cardholders Waived Waived Waived
Exclusive rate for HSBC Revolution credit cardholders Waived Waived 2.5%
Normal Processing fee 3% 3% 5%
Opt for any of our instalment payment periods available with a low one-time processing fee
Instalment Period Exclusive rate for HSBC Advance Visa Platinum credit cardholders
3 months Waived
6 months Waived
12 months Waived
Instalment Period Exclusive rate for HSBC Revolution credit cardholders
3 months Waived
6 months Waived
12 months 2.5%
Instalment Period Normal Processing fee
3 months 3%
6 months 3%
12 months 5%

Note: If you have an existing GIRO arrangement, the deduction will be processed based on your Statement Account balance. If the transaction which is the subject of your Balance Conversion application has already been captured in your statement, the instalment will only be reflected in the next statement cycle. Where applicable, your account may, in the next statement cycle, appear in credit balance (being the reversal of the full amount of the transaction less the instalment amount).

Apply now

Apply by SMS

Simply SMS BALCON<space> NAME<space> NRIC to 7HSBC (74722).


An HSBC customer service officer will then contact you on your application within 3 working days.

Apply by phone

Contact us on 1800-HSBC NOW (4722 669) to apply.

Things to note

Upon approval, you will receive a letter informing you of the flexible monthly instalments.