HSBC Cash Instalment Plan

HSBC SG
Credit Cards
Features
Cash Instalment Plan

Be able to provide for your children with the means to pursue their dreams, embark on a long-awaited holiday, or even buy items to furnish your new home. HSBC Cash Instalment Plan¹ helps you kick-start new adventures and get easy access to cash from your HSBC credit card with your choice on repayment period and fixed monthly repayment amount for better financial planning.

¹HSBC Cash Instalment Plan is a feature on your HSBC credit card that allows you to obtain a loan on your credit card at an attractive interest rate and up to a maximum of 90% of your available credit card limit.

Limited time offer: Get up to 1.5% Cashback of approved loan amount

Get up to 1.5% Cashback when you apply a Cash Instalment Plan with a minimum loan size of SGD10,000 and a loan tenor of at least 3 years. Promotion is valid from 1 Oct to 31 December 2024. Cashback is capped at SGD1800. T&C apply.

Key features

Attractive interest rates
Fixed monthly repayments
Greater flexibility through choice of repayment period from 12 to 60 months
Hassle-free application

How it works

Choose from a range of tenors from 12 to 60 months. With repayments divided into equal monthly instalments and promotional interest rates from as low as 2.6% p.a. (EIR 4.77% p.a.), your finances can now be better managed.

Plan details
Tenor (years)	Applied Rate (p.a.)	Processing Fee	Effective Interest Rate (p.a.)²
1 - 5	From 2.6%	From 0%	From 4.77%

Plan details
Tenor (years)	1 - 5
Applied Rate (p.a.)	From 2.6%
Processing Fee	From 0%
Effective Interest Rate (p.a.)²	From 4.77%

SMS 'CIP' to 74722 and we'll contact you shortly with the latest promotional rates.

²The Effective Interest Rate (EIR) is calculated taking into consideration one-time processing fee being charged upfront and monthly instalment amount being paid off in full, until end of tenor. EIR is subject to compounding if the monthly instalment amount is not paid in full.

Eligibility and fees

Eligibility requirements

Only applicable for primary HSBC credit cardholders.
Not applicable for all US Dollar cards and corporate cards.

Frequently Asked Questions

The pages below have more information:

Cash advance and quasi cash

Dynamic currency conversion

Table of fee and charges (bank tariffs)

We charge finance charge/interest from the date each transaction or charge is added to your account until the amount is paid off by the due date. It is calculated as follows:

the amount you owe us multiplied by
the interest rate of your credit card multiplied by
the number of days it takes you to make the full payment

Please also note the following:

minimum charge: SGD2.50
prevailing interest rate: 27.8% per annum
cash advance interest rate: 28..5% per annum

A late charge is imposed on your account if minimum payment is not posted into the account by the due date stated in your statement. The late charge is SGD100.

Read full FAQ

Apply now

SMS

Simply SMS CIP to 74722.

An HSBC customer service officer will then contact you on your application within three working days.

Cash Instalment Plan