HSBC Balance Transfer Plan

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

HSBC Balance Transfer Plan
Best Interest Rate
0% p.a.
Minimum Transfer
RM1,000
Max Duration
12 months
Related products
Choice of up to 0 cards

Low Interest Plans

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

Pay OverWith Interest Rate AtWhen You Transfer
6 months0% p.a. and  3% one-time upfront handling feefrom RM1,000
6 months5.99% p.a. and  no one-time upfront handling feefrom RM1,000
12 months8.99% p.a. and  no one-time upfront handling feefrom RM1,000

Fees & Charges

Minimum Monthly Payment
5% of outstanding amount
Early Termination Fee
None

How to apply

Stay afloat in the vast ocean of your credit card debts with HSBC Balance Transfer Plan.

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

More Information

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.