Top of main content
Apply now for HSBC Personal Line of Credit
A couple is in front of the Eiffel Tower; image used for HSBC Singapore Personal Line of Credit.

HSBC Personal Line of Credit

Be ready for life's changes and set your mind at ease with your own personal line of credit.

Features & benefits

  • Affordable interest rates as low as 12% per annum
  • Get credit limit of up to SGD200,000
  • Top up your HSBC deposit accounts automatically
  • Pay interest only on what you use and enjoy flexibility on your monthly repayment
  • Get quick access to cash through debit card, internet banking and complimentary chequebook

Overview

HSBC Personal Line of Credit gives you extra cash of up to 8X1 your monthly salary with one of the lowest prevailing interest rates in town.
Affordable Prevailing Interest Rates
 Interest rate3
HSBC Premier customers
 12% p.a.
Retail Banking customers 18.5% p.a
HSBC Personal Line of Credit gives you extra cash of up to 8X1 your monthly salary with one of the lowest prevailing interest rates in town.
Affordable Prevailing Interest Rates
HSBC Premier customers
Interest rate3
12% p.a.
Affordable Prevailing Interest Rates
Retail Banking customers
Interest rate3
18.5% p.a

Promotional offers

Instalment Plan

Promotional interest rates2 from as low as 3.7% p.a. (EIR 7.0% p.a.3) with no processing fee. Conditions apply.

Balance Transfer

Enjoy 0% p.a. interest for 6 months2 with processing fee as low as 1.5% (EIR 3.26% p.a. 3), conditions apply.

1Refer to Credit limit assignment.

2Personal Line of Credit General and Promotion Terms and Conditions apply.

3Interest is subjected to compounding if the monthly finance charges are not paid in full.

Apply for HSBC Personal Line of Credit

Are you eligible? 

View supporting document

Required supporting document for Singaporean/ Permanent Resident
Document
 For salaried employees
 For commission-based earners
 For self-employed
Completed and signed Letter of Instruction
      
NRIC (front and back)
      

(A) Notice of Assessment and CPF Statement via MyInfo

(SingPass login required)

  
  

Preferred
(B) Latest 3 months' computerised pay slips

 

(if your monthly income exceeds S$6,000)

  
  
Latest 2 years' Notice of Assessment
  
  

 

(not required if (A) is provided)

Proof of billing address

(for correspondence address using office address or home address which is different from the address on NRIC)

 Where applicable
 Where applicable
 Where applicable
Required supporting document for Singaporean/ Permanent Resident
Document
 Completed and signed Letter of Instruction
For salaried employees
  
For commission-based earners
  
For self-employed
  
Document
 NRIC (front and back)
For salaried employees
  
For commission-based earners
  
For self-employed
  
Document

(A) Notice of Assessment and CPF Statement via MyInfo

(SingPass login required)
For salaried employees
  
For commission-based earners
  
For self-employed

Preferred
Document
 (B) Latest 3 months' computerised pay slips
For salaried employees

 

(if your monthly income exceeds S$6,000)
For commission-based earners
  
For self-employed
  
Document
 Latest 2 years' Notice of Assessment
For salaried employees
  
For commission-based earners
  
For self-employed

 

(not required if (A) is provided)
Document

Proof of billing address

(for correspondence address using office address or home address which is different from the address on NRIC)
For salaried employees
 Where applicable
For commission-based earners
 Where applicable
For self-employed
 Where applicable

Singaporean/ Permanent Resident 

Foreigner 

Apply online

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

Apply by SMS 

Need assistance with your application? 

Apply via online banking

Please log on to your account via Personal Internet Banking for the quickest and easiest way to apply.

If you are an existing Personal Line of Credit customer

Auto Top-up

Enjoy the convenience in maintaining the balances in your HSBC Current/Savings accounts with HSBC Personal Line of Credit.

Credit Limit Review

Need a higher credit limit on your Personal Line of Credit?

Things to Note

Important updates

Changes to HSBC Personal Loan from 15 June 2020

We have enhanced our Personal Loans to give you a better experience. These are the changes that will take place with effect from 15 June 2020:

  • HSBC Personal Loan will be re-named as HSBC Personal Instalment Loan.
  • If you would like to apply for a personal loan, HSBC Personal Line of Credit (with the option of instalment plan or balance transfer) will be offered.
  • For instances where the HSBC Personal Line of Credit Instalment Plan is not offered, we may, at our discretion, offer an HSBC Personal Instalment Loan instead, and a Statement Savings account will be opened to facilitate monthly repayments.

Fees and charges 

Credit limit assignment 

Personal Line of Credit Debit Card 

Frequently asked questions 

You might also be interested in

Man checking his accounting book; image used for HSBC Singapore Personal Loans.

Personal loans

 

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

A man is reading paper in living room; image used for HSBC Singapore Debt Consolidation Loan.

Debt consolidation

 

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