Features & benefits

  • Affordable interest rates as low as 12% per annum
  • Get credit limit of up to S$200,000
  • 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 rate
HSBC Premier customers
12% p.a.
HSBC Advance customers / Credit Card holders
16.5% 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 rate
12% p.a.
Affordable Prevailing Interest Rates
HSBC Advance customers / Credit Card holders
Interest rate
16.5% p.a.
Affordable Prevailing Interest Rates
Retail Banking customers
Interest rate
18.5% p.a

Hurry now, sign up for a HSBC Personal Line of Credit and receive S$20 worth of shopping vouchers upon approval2!

Illustration

Assuming you are a Retail Banking customer (prevailing interest rate 18.5% p.a.) and have a Credit Limit of S$10,000,

ATM withdrawal: $100 

Bill payment via Internet Banking: $250 

Issue a cheque to a friend: $50

Debit Card purchase: $1,000 

Total withdrawal amount: $1,400

Total interest after 30 days: $21.30

For illustration purpose only. Interest has been rounded to the nearest cents.

Also, enjoy promotional rates on our balance transfer2 for the things you need.
Repayment Period
6 months
12 months
For Amount < S$10,000
0% p.a. with processing fee of 2.50% (EIR 5.47% p.a.3)
4.88% p.a. with no processing fee (EIR 4.88% p.a.3)
For Amount ≥S$10,000
0% p.a. with processing fee of 1.50% (EIR 3.26% p.a.3)
4.88% p.a. with no processing fee (EIR 4.88% p.a.3)
Also, enjoy promotional rates on our balance transfer2 for the things you need.
Repayment Period
For Amount < S$10,000
6 months
0% p.a. with processing fee of 2.50% (EIR 5.47% p.a.3)
12 months
4.88% p.a. with no processing fee (EIR 4.88% p.a.3)
Repayment Period
For Amount ≥S$10,000
6 months
0% p.a. with processing fee of 1.50% (EIR 3.26% p.a.3)
12 months
4.88% p.a. with no processing fee (EIR 4.88% p.a.3)

1Refer to Credit limit assignment.

2Personal Line of Credit Promotion terms and conditions apply.

3The 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

Apply by SMS

Simply SMS
PLOC<space>NAME to 74722.

A HSBC customer service officer will contact you on your application within 3 working days.

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).

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.

As a Personal Line of Credit customer, your available credit limit to an instalment plan at an attractive interest rate.

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

Things to Note

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