Features & benefits

  • Consolidates your outstanding balances
    Combine all your outstanding balances into one account with fixed monthly repayments and ease of repayment to only one (1) Financial Institution.
  • Debt Consolidation refinancing
    Refinance your existing Debt Consolidation Plan to HSBC and enjoy interest savings.
  • Attractive interest rates
    Enjoy interest rates from as low as 4.0% p.a. (EIR 7.5% p.a.) to 5.7% p.a. (EIR 10% p.a.)  and processing fee waiver.
  • Loan tenor of up to 10 years
    Affordable monthly repayment available from one (1) to 10 years (conditions apply).
  • Revolving Credit Facility
    Enjoy perks and benefits with a HSBC Visa Platinum credit card with a credit limit equivalent to your monthly income.

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Let our Loan Specialist guide you through the application. Leave us your contact details and we will be in touch within 1 working day.

Overview

HSBC Debt Consolidation Plan is a refinancing programme to consolidate the outstanding from all your existing unsecured credit facilities and is bundled with a revolving credit facility as a convenient mode for managing your daily financial needs.

  • Debt consolidation loan
    Consolidate the outstanding balance from all your existing unsecured credit facilities into a term loan with fixed monthly repayment.
  • Revolving credit facility
    Manage your daily financial needs with HSBC Visa Platinum credit card which gives you more savings.

Promotion

Enjoy promotional Interest rates1 when you consolidate your outstanding balances with HSBC's Debt Consolidation Plan
Tenor (years) Equivalent Flat Interest Rate (p.a.) Applied/Effective Interest Rate (p.a.)2
1 - 7 4.0% 7.5%
8 - 10 5.7% 10%

Promotion

Enjoy promotional Interest rates1 when you consolidate your outstanding balances with HSBC's Debt Consolidation Plan
Tenor (years) 1 - 7
Equivalent Flat Interest Rate (p.a.) 4.0%
Applied/Effective Interest Rate (p.a.)2
7.5%
Tenor (years) 8 - 10
Equivalent Flat Interest Rate (p.a.) 5.7%
Applied/Effective Interest Rate (p.a.)2
10%

Debt Consolidation Loan Promotion terms and conditions apply.

2Effective Interest Rate (EIR) is inclusive of processing fee computed based on 1% of approved loan amount, subject to a minimum of S$88, where applicable. The Bank will apply the Applied Interest Rate (net processing fee) on the loan amount on a reducing balance method.

Apply for a HSBC Debt Consolidation Plan

Apply now

Have us contact you

Wish to speak to our telesales agents about HSBC Debt Consolidation Plan?

Leave us your contact details and we will be in touch within 1 working day (during office hours).

Please Note

Upon approval of Debt Consolidation Plan application:

  • No cancellation is allowed
  • All existing unsecured credit facilities will be suspended/closed

Things to note

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