Enjoy Spend Instalment and get extra Cashback
HSBC Spend Instalment 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
Flash Sale: Extra cashback with your first Spend Instalment with HSBC
Here's how you can enjoy cashback when you apply for Spend Instalment via HSBC SG app:
1) Get up to SGD40 for your first Spend Instalment Plan
-SGD20 with Spend Instalment Plan of at least SGD500 (Valid 1 April to 30 June 2025)
-Additional SGD20 with Spend Instalment amount of at least SGD2,000 (Valid 4 to 16 June 2025)
2) You can also enjoy another SGD80 cashback if your Spend Instalment amount is at least SGD4,000 (Valid 1 April to 30 June 2025)
Register for the spend instalment cashback campaign by sending an SMS to 74722 in the format: SIPCB<space>Last 4 digits of HSBC credit card.
Promotion is valid from 1 April - 30 June 2025. T&Cs apply.
How it works
Here's an example of how HSBC Spend Instalment works:
S$90
(based on 5% transaction amount)
S$90
(based on 5% transaction amount)
| Instalment Period | 3 months | 6 months | 12 months |
|---|---|---|---|
| Processing fee | 3% | 3% | 5% |
| Instalment Period | Processing fee |
|---|---|
| 3 months | 3% |
| 6 months | 3% |
| 12 months | 5% |
Note: If you have an existing GIRO (General Interbank Recurring Order) arrangement, the deduction will be processed based on your Statement Account balance. If the transaction which is the subject of your Spend Instalment 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 by app
Logon to the HSBC Singapore app and create your instalment in a few simple steps.
If you don't already have the app, you can download the app and start using it straightaway.
Apply by SMS
Simply SMS INST to 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.
Frequently Asked Questions
Things to note
Upon approval, you will be notified on the flexible monthly instalments.