MoneySmart Exclusive

MoneySmart Says

If you need to borrow a large amount but cannot afford a big monthly repayment, consider the HSBC personal loan offers the longest loan tenure (7 years!) in Singapore. HSBC guarantees the 3.7% p.a. advertised interest rate if you sign up through MoneySmart, and there is no processing fee. You do not need an HSBC account or credit card to apply for this loan; however, it can take up to 5 days to approve the loan.

Interest Rate*
Total Amount Payable
Processing Fee

MoneySmart Exclusive

3.7% p.a. Interest rate + 0% Processing fee + Up to $300 Cashback

Valid till 30 Apr 2020

More Details
  • $108 Cashback for new HSBC Loan customers with loan approved amount of $5k and above
  • $192 Cashback for loan approved amount of $30k and above
  • Promo is valid for applications from 18 Mar to 30 Apr 2020, documents submitted by 15 May 2020 and applications approved by 29 May 2020
  • Interest rate promotion T&Cs here.
  • $108 and $192 Cashback T&Cs here.

Quick Facts

Loan Approval Time

1 minute in-principle approval

Easy of approval


Best for

Lowest interest rates

The Bottom Line

Best for people who require a large amount of cash, since it has the lowest interest rates and longest loan tenure in Singapore. Apply if you need to spread your loan out over longer period of time.

What you need to know

With an HSBC personal loan, you can get approval-in-principle within 1 minute, but it takes 3 to 5 business days for you to receive the cash. HSBC offers the lowest EIR of 7% for all loan tenures and amount.

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HSBC Personal Loan
Lowest EIR of 7%! Plus up to $300 Cashback!

HSBC Personal Loan

Per Month