HSBC

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
3 months0% p.a. and no one-time upfront handling feefrom RM1000
6 months1.99% p.a. and no 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
None

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?

The HSBC Online Balance Transfer Programme 2017 is a balance transfer plan which you can apply for online, with the amount to be transferred capped at RM75,000 or up to 60% of your credit limit. This balance transfer plan is also subject to HSBC's terms and conditions.

Under the amended plan, you can sit back and enjoy zero interest for the first 3 months of balance transfer. If you feel like 3 months is rather short-lived, you can choose to extend for up to 6 months and only paying 1.99% p.a. interest rate throughout the tenure.

There's a catch though. Only eligible cardholders can apply for this balance transfer plan. But who are they? They are what HSBC termed as the (i) new primary HSBC credit cardholders, and (ii) existing cardholders who apply for a second HSBC primary credit card.

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 & conditions. 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.

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 can@ringgitplus.com, we'd love to help!

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