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Simply plan ahead and select a loan products that best suits you to better grasp the opportunity! Revolving Credit Facility provides you a standby credit to solve any sudden need you have for funds. There is no fixed repayment period or amounts, and the interest is calculated on a daily basis.

How's the interest calculated?

  • Withdrawal on 4 March: HK$18,000 (out of total approved credit limit)
  • No. of days used: 20 days (from 4 to 23 March)
  • Total interest: HK$18,000 x 1.90%* x 20/365 = less than HK$20^

* Please refer to the interest rate table for respective APRs. Terms and Conditions apply.

^ Based on a first 3-month introductory interest rate of 1.90% p.a., the daily interest is less than HK$1.

Note: The above interest payment calculation and image display are for reference and illustration purposes only.

Apply now from 7 September 2023 to 12 December 2023 to enjoy the below offers:

  • Apply via designated digital channel to enjoy HK$100 cash rebate3
  • Submit supporting document(s) required by the Bank for the loan application to enjoy HK$100 cash rebate4
  • Loan amount of up to HK$1.5 million or 12x your monthly salary, whichever is lower5
  • Interest6 calculated daily on outstanding amount only and no handling fee
  • Flexible repayment periods and amounts7, credit limit will be restored automatically after repayment
  • 1-minute approval8 and instant cash withdrawal
Apply 24/7: 
hsbc.com.hk/loan
2748 8080
Remarks Remarks
  1. For the first 3 months' introductory interest rate period, interest rate is 1.90% p.a. and Annualised Percentage Rate (APR) is 1.91% for all approved credit limits. "First 3 months' introductory interest rate period" refers to the period from the date of loan disbursement to the third statement date of the respective account (both dates inclusive). For interest rate from the 4th month onwards (p.a), APR and your applicable interest rate, please call our hotline 27488080 or log on to Online Banking. The APR is calculated using method specified in relevant guidelines issued by The Hong Kong Association of Banks, and is rounded up or down to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualised rate.
  2. An annual fee of 1% of approved credit limit per annum shall apply (up to a maximum of HK$1,000), subject to a first-year annual fee waiver. Terms and Conditions apply.
  3. Only applicable to successful loan applicants via designated digital channels (including HSBC website hsbc.com.hk, HSBC Online Banking and HSBC HK App) with an approved loan amount of HK$100,000 or above.
  4. Only applicable to any customer who successfully submit supporting document(s) required by the Bank for the loan application with an approved amount of HK$100,000 or above.
  5. The lower one applies. The final approved loan amount, which is calculated by way of monthly salary multiples, is subject to change in accordance with the circumstances of individual cases.
  6. Once your loan application is approved, the loan amount (exclusive of the annual service fee, if applicable) will be credited directly to your designated HSBC account without prior notice. Interest will be calculated once the loan amount is credited to your designated account.
  7. Minimum monthly repayment amount is 2.5% of outstanding balance or HK$50 (whichever is higher).
  8. Applications have to be submitted during the Bank’s service hours (Monday to Friday: 9 am - 8 pm, Saturday: 9 am - 5 pm, Sunday and public holidays: 12 noon - 12 midnight, or individual branch’s opening hours) with all required information (including without limitation a valid HSBC banking account number) and documents. The actual turnaround time starts when all the required information is successfully input into the Bank’s application evaluation system and the Bank may provide the instant application result and fund disbursement. Processing time may vary in some cases depending on the actual circumstances of individual applications.
Terms and Conditions for HSBC's Revolving Credit Facility Promotion Terms and Conditions for HSBC's Revolving Credit Facility Promotion
When can you enjoy the offer
  1. The promotional period for the offer is from 7 September 2023 to 12 December 2023.
What is the offer
  1. You can enjoy a cash rebate for your approved application of a Revolving Credit Facility (the “Loan”) during the promotional period.
How can you enjoy the offer
  1. To be eligible for the HK$100 cash rebate under the Digital Channel Exclusive Offer, you must submit a Loan application via designated digital channels (including HSBC website hsbc.com.hk, HSBC Online Banking and HSBC HK App) and the Loan of HK$100,000 or above must be approved during the promotional period.
  2. To be eligible for the HK$100 cash rebate under the Document Submission Offer, you must submit the supporting document(s) required by us for a Loan application and the Loan of HK$100,000 or above must be approved during the promotional period. The Document Submission Offer is not applicable to loan applications on which we do not require submission of any supporting document.
Read before you enjoy the offer
  1. You are entitled to enjoy the offer(s) only once under this promotion.
  2. The cash rebate will be credited to your Loan repayment account on or before the below specified offer credit date (the “Offer Credit Date”) without further notice. The Offer Credit Date shall be determined based on your Loan application and approval date. You have to ensure your Loan repayment accounts are still valid on the Offer Credit Date in order to enjoy the offer(s).
Your Loan application and approval date Offer Credit Date
7 September – 9 October 2023 On or before 31 January 2024
10 October – 7 November 2023 On or before 29 February 2024
8 November – 12 December 2023 On or before 31 March 2024
  1. If you cancel your Loan on or before the Offer Credit Date, you will not be eligible for the offer(s).
  2. We can change or cancel the offer(s) or amend the terms and conditions. Please check our website for the latest details, availability and terms and conditions of the offer(s).
  3. Our employees and the employees of other members of the HSBC Group are not eligible for this promotion.
  4. In case of any dispute arising out of this promotion, our decision shall be final and conclusive.
  5. We write the terms and conditions of the offer(s) under Hong Kong laws. In the event of any discrepancy or inconsistency between the English version and the Chinese version of the promotional materials and these terms and conditions, the English version shall prevail.

Key Facts Statement

Revolving Credit Facility Terms and Conditions

Notice relating to the Personal Data (Privacy) Ordinance

Reference number: Y23-U2-LRCF68

To borrow or not to borrow? Borrow only if you can repay!

 

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