HSBC Balance Transfer Instalment

To participate in HSBC Balance Transfer Instalment, you can make an application at any HSBC Bank branch. You can also drop a line to HSBC Bank Contact Centre at 03 8321 5400 and indicate these details:

• The Balance Transfer Instalment amount applied;
• The Balance Transfer Instalment plan; and
• Details of your other credit card accounts

Tired of paying up to 18% interest p.a. on your outstanding credit card balance? With HSBC Balance Transfer Instalment, you get serious savings on your interest rates.

How does the HSBC Balance Transfer Instalment plan work?

The HSBC Balance Transfer Instalment programme can be applied online and the minimum amount is RM1,000, while the maximum limit will depend on your credit card's available credit limit.

This Balance Transfer Instalment plan is also subject to HSBC's terms and conditions.

Under this Balance Transfer Instalment programme, there are three (3) plans you can choose from, which are:

• 0% upfront interest for a 3-month tenure;
• 1.88% upfront interest for a 6-month tenure; or
• 3.88% upfront interest for a 12-month tenure.

Why should I apply for this balance transfer?

If you are the kind of person who likes to take advantage of a low-interest-rate environment and is motivated to be debt-free as quickly as possible, then this plan suits your aspiration.

At the end of the day, it's your money we're talking about, right?

Am I allowed to make minimum monthly repayments?

This Balance Transfer Instalment from HSBC will be billed in the form of a monthly instalment, which you are required to pay in FULL as part of the minimum monthly repayment.

What if I fail to settle the repayments before the maturity date?

If you're unable to settle all your monthly repayments before the credit card due date, a tiered finance charge and late payment fee shall be applied.