HSBC Balance Transfer Loans | Loan Products

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 < 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

Here's how much you can save based on a balance transfer amount of SGD6,700.


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.

¹ Terms and conditions apply.

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?

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

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

If you do not have an existing HSBC Personal Line of Credit

Apply here for HSBC Personal Loan and Personal Line of Credit Application Form This link will open in a new window

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).