HSBC Balance Transfer Plan

Low interest rates for brand new HSBC cardholders! HSBC Balance Transfer helps you get back in control of your finances.

Low Interest Plans

Transfer your debt now to enjoy special low interest fees each month!

HSBC Balance Transfer Plan
Pay OverWith Interest Rate AtWhen You Transfer
6 months0% p.a. and 3% one-time upfront handling feefrom RM1000
6 months5.99% p.a. and 0% one-time upfront handling feefrom RM1000
12 months8.99% p.a. and 0% one-time upfront handling feefrom RM1000

Fees & Charges

There are always fees but how much are they?

Minimum monthly payment
5% of outstanding amount
Early Termination Fee

How To Apply for HSBC Balance Transfer Plan

Stay afloat in the vast ocean of your credit card debts

To participate in HSBC Balance Transfer Plan, 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 BT amount applied;
  • The BT plan; and
  • Details of your other credit card accounts

Frequently Asked Questions about HSBC Balance Transfer Plan

Things you might want to know

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

How does the HSBC Balance Transfer Plan work?

HSBC Balance Transfer programme can be applied online, with the maximum amount to be transferred capped at RM75,000 or up to 95% of your credit limit. This balance transfer plan is also subject to HSBC's terms and conditions.

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

  • 0% p.a. for a 6-month tenure with 3% upfront interest;
  • 5.99% p.a. for a 6-month tenure; or
  • 8.99% p.a. for a 12-month tenure.

So, why should I apply for this balance transfer?

If you are the kind of a person who likes to take advantage of low interest rate environment and are 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?

If you're tight on budget, you can opt to this decision. The minimum payment is 5% of the outstanding balance.

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

If you're unable to settle all your monthly repayments before the expiry of the plan, your interest rate will revert to the normal rate at 18% p.a. and that is non-negotiable. 

Read More

Apply online now for HSBC Balance Transfer Plan

RinggitPlus will help you every step of the way.

By typing your contact information, you agree to our Terms of Use. We respect your privacy and are committed to handle your personal information safely and responsibly.

You've almost completed your application for HSBC Balance Transfer Plan

To help you better we need to know a little bit more about your application.
Confirm your application

Oops. We can't seem to get a quote for you for a while there. Please click "Get Quote" again.

Your qualifications have not met the requirements of this policy. Don’t worry, you can still check other insurance policies

Please fill in all fields and enter a valid email

Thank you for applying with RinggitPlus!

We’ve sent you an email to help with your application.

Continue to HSBC website

If you have any questions let us know at [email protected], we'd love to help!

Follow us to keep in touch and not miss out on offers and promotions.