Balance Transfer | Loans

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.

Interest rates:


Repayment Period	6 months¹	12 months¹
For Amount < S$10,000	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 ≥S$10,000	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 < S$10,000
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 ≥S$10,000
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

Here's how much you can save based on a balance transfer amount of S$6,700.


Example	6 months	12 months
Interest payable with other banks' credit card at 25% p.a.	S$838	S$1,675
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	S$0	S$327
Upfront processing fee	S$167 (2.5%)	Waived
Save up to	S$671³ (80% savings!)	S$1,348³ (up to 80% savings!)


Example	Interest payable with other banks' credit card at 25% p.a.
6 months	S$838
12 months	S$1,675

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	S$0
12 months	S$327

Example	Upfront processing fee
6 months	S$167 (2.5%)
12 months	Waived

Example	Save up to
6 months	S$671³ (80% savings!)
12 months	S$1,348³ (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.

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.

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.

Apply now for HSBC Personal Line of Credit Balance Transfer This link will open in a new window

Upload your Enrolment form This link will open in a new window

Apply via Personal Internet Banking (PIB) - Enrolment Form not required.

Log on to PIB to apply for HSBC Personal Line of Credit Balance Transfer

Apply by SMS

Simply SMS

PLOCBT <space> NAME <space> NRIC 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).

Personal Line of Credit – Balance Transfer