Attractive offers for a limited time only
Whether it's to finance your personal goals or pay your outstanding credit card bills, you can now fulfil them with cash from HSBC Personal Line of Credit Balance Transfer.
Repayment Period |
6 months1 |
12 months1 |
---|---|---|
For Amount < SGD10,000 |
0% p.a. with processing fee of 2.50% (EIR 5.47% p.a.2) |
4.88% p.a. with no processing fee (EIR 4.88% p.a.2) |
For Amount ≥SGD10,000 |
0% p.a. with processing fee of 1.50% (EIR 3.26% p.a.2) |
4.88% p.a. with no processing fee (EIR 4.88% p.a.2) |
Repayment Period |
For Amount < SGD10,000 |
---|---|
6 months1
|
0% p.a. with processing fee of 2.50% (EIR 5.47% p.a.2) |
12 months1
|
4.88% p.a. with no processing fee (EIR 4.88% p.a.2) |
Repayment Period |
For Amount ≥SGD10,000 |
6 months1
|
0% p.a. with processing fee of 1.50% (EIR 3.26% p.a.2) |
12 months1
|
4.88% p.a. with no processing fee (EIR 4.88% p.a.2) |
Illustration
Example | 6 months | 12 months |
---|---|---|
Interest payable with other banks' credit card at 25% p.a. | SGD838 | SGD1,675 |
Transfer funds with personal line of credit balance transfer | 0% p.a. (EIR at 5.47% p.a.2) | 4.88% p.a. (EIR at 4.88% p.a.2) |
Interest payable with balance transfer | SGD0 | SGD327 |
Upfront processing fee | SGD167 (2.5%) | Waived |
Save up to | SGD6713 (80% savings!) | SGD1,3483 (up to 80% savings!) |
Example | Interest payable with other banks' credit card at 25% p.a. |
---|---|
6 months | SGD838 |
12 months | SGD1,675 |
Example | Transfer funds with personal line of credit balance transfer |
6 months | 0% p.a. (EIR at 5.47% p.a.2) |
12 months |
4.88% p.a. (EIR at 4.88% p.a.2) |
Example | Interest payable with balance transfer |
6 months | SGD0 |
12 months | SGD327 |
Example | Upfront processing fee |
6 months | SGD167 (2.5%) |
12 months | Waived |
Example | Save up to |
6 months | SGD6713 (80% savings!) |
12 months | SGD1,3483 (up to 80% savings!) |
Note: Figures have been simplified for illustration purposes. Upon expiration of the application promotion tenor, the applicable prevailing interest rate will be chargeable on the outstanding balance transfer amount.
2 The Effective Interest Rate (EIR) is calculated based on an approved balance transfer of SGD6,700 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.
3 Savings when compared to interest rate of 25% p.a. typically charged on other credit cards.
Apply now for a HSBC Personal Line of Credit Balance Transfer
Apply online
Apply now and upload your Enrolment Form via hsbc.com.sg/upload.
Note: Enrolment form will be printable at the last page of your application.
Existing to HSBC Personal Line of Credit?
If you do not have an existing HSBC Personal Line of Credit
Apply by SMS
Simply SMS
PLOCBT <space> NAME <space> 12-digit Personal Line of Credit account number to 74722.
A HSBC customer service officer will contact you on your application within 3 working days.
Apply by phone
Simply contact us on 1800-HSBC NOW (4722 669)
Or leave us your contact details and we will be in touch within 3 working days (during office hours).