Top of main content

Personal Line of Credit

Features & benefits

  • Affordable interest rates as low as 12% per annum
  • Get cash of up to S$100,000
  • Annual fee waiver
  • You pay interest only on what you use and enjoy flexibility on your monthly repayment
  • Get access to cash via withdrawal from ATM, Funds Transfer via iBanking, swiping your debit card or complimentary Personal Line of Credit chequebook

Overview

HSBC Personal Line of Credit gives you extra cash of up to 6X* your monthly salary with one of the lowest prevailing interest rate in town. As a new Personal Line of Credit customer, you may also enjoy promotional rates on our balance transfer for the things you need.

Repayment Period
6 months1
12 months1
For Amount < S$10,000
0% p.a. with processing fee of 1.38% (EIR 3% p.a.2)
4.88% p.a. with no processing fee (EIR 4.88% p.a.2)
For Amount ≥S$10,000
0% p.a. with processing fee of 1.00% (EIR 2.17% p.a.2)
4.88% p.a. with no processing fee (EIR 4.88% p.a.2)
Repayment Period
For Amount < S$10,000
6 months1
0% p.a. with processing fee of 1.38% (EIR 3% p.a.2)
12 months1
4.88% p.a. with no processing fee (EIR 4.88% p.a.2)
Repayment Period
For Amount ≥S$10,000
6 months1
0% p.a. with processing fee of 1.00% (EIR 2.17% p.a.2)
12 months1
4.88% p.a. with no processing fee (EIR 4.88% p.a.2)

1 Terms and conditions apply

2 The Effective Interest Rate (EIR) is calculated based on an approved balance transfer of S$6,700 with 3% monthly minimum payment and full payment of the balance transfer amount outstanding at the end of the promotion period. EIR is subjected to compounding if the monthly finance charges are not paid in full.

Apply for HSBC Personal Line of Credit

Apply online

Life won't wait. Take the first step towards greater things in life with extra cash today.

You will need the following:

  • Completed and signed Letter of Instruction
  • A photocopy of your NRIC (front and back) or a photocopy of your Passport and Employment Pass (front and back)
  • Income documents

Need assistance with your application?

Wish to speak to our telesales agents about HSBC's Personal Line of Credit?

Leave us your contact details and we will be in touch within 3 working days (during office hours).

OR simply SMS PLOC<space>NAME<space>NRIC to 74722

Existing customers

Whether it’s to finance your personal goals or pay your outstanding credit card bills, you can now fulfil them with cash from HSBC’s Personal Line of Credit Balance Transfer.

With a boost to your credit limit, you can enjoy greater financial flexibility on things and people you love.

Things to Note

You might also be interested in

 

With fixed monthly repayments, low interest rates and a tenor of up to 7 years, seize the opportunity to get more done with HSBC's Personal Loan.

 

HSBC's Debt Consolidation Plan is a refinancing programme to consolidate the outstanding balances from all your existing unsecured credit facilities.