Get attractive gifts like an Apple 11" iPad Pro + Apple Pencil Pro (worth S$1,698) or an Apple 13" iPad Air (worth S$1,199) or an Apple 11" iPad Air + Apple Pencil Pro (worth S$1,098) or an Apple Watch Series 9, 41mm (worth S$604.50) or an Apple Watch SE, 40mm (worth S$382.50) or up to S$800 eCapita Vouchers when you apply for a min loan of S$20,000 with a min 3 year loan tenure! T&Cs apply.
Promotion is valid from 19-July-2024 till 31-July-2024
Customers must apply through MoneySmart to be eligible
Receive your rewards when you get approved for a min. loan amount of S$20,000 with a min loan tenure of 3 years. T&Cs apply.
Provide HSBC their consent to receive marketing and promotional materials from HSBC at the time of submitting their application
Log into your MoneySmart account and submit your claim by 30th August 2024
S$20,000 to S$34,999 Loan Size:
Incentive : S$300 eCapita Voucher OR Apple Watch SE (GPS), 40mm (worth S$382.50)
S$35,000 to S$49,999 Loan Size:
Incentive : S$450 eCapita Voucher OR Apple Watch Series 9 (GPS), 41mm (worth S$604.50)
S$50,000 to S$79,999 Loan Size:
Incentive : S$600 eCapita Voucher OR Apple 11-inch iPad Air WiFi, 128GB + Apple Pencil Pro (worth S$1,098)
S$80,000 to S$99,999 Loan Size:
Incentive : S$700 eCapita Voucher OR Apple 13-inch iPad Air WiFi, 128GB (worth S$1,199)
S$100,000 and above Loan Size:
Incentive : S$800 eCapita Voucher OR Apple 11-inch iPad Pro WiFi, 256GB + Apple Pencil Pro (worth S$1,698)
Please note that gift will typically be fulfilled approximately 4 - 5 months after the end of the campaign month (31 July 2024).
* Enjoy the promotional interest rates from as low as 2.92% (EIR from 5.50%) with no processing fee
Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.
Pros | Cons | |
---|---|---|
|
|
HSBC Personal Loan | SCB CashOne | UOB Personal Loan |
---|---|---|
Interest rate: 2.92% | Interest rate: 2.88% | Interest rate: 2.88% |
Annual Fee: $120 (First year waiver available) | Annual Fee: $199 (2nd year and subsequent years’ waiver available) | Annual Fee: None |
Minimum annual income: $30,000 for Singaporeans and PRs $40,000 for foreigners | Minimum annual income: $20,000 for Singaporeans and PRs $60,000 for foreigners | Minimum annual income: $30,000 for Singaporeans and PRs, foreigners are not eligible to apply. |
Loan disbursement speed: 1 minute | Loan disbursement speed: 15 minutes | Loan disbursement speed: Immediate (only for applications submitted between 8am to 9pm) |
Before you start applying for the HSBC Personal Loan or any other personal loans, it’s important to plan your finances well and only take up a manageable loan amount that you can afford to pay off in monthly instalments, and consider the other costs involved such as Effective Interest Rate (EIR), processing fees, annual fees, vice versa.
Here are 3 simple steps to apply for the HSBC Personal Loan
Simply start your application by clicking on our HSBC Personal Loan application link.
The application can be done online with your SingPass MyInfo account details. Once you’ve entered the required information, HSBC will pull your identity and income data from SingPass (which is already verified), which shortens the processing time. You can expect the approval-in-principle page to appear within minutes of submitting your MyInfo details.
Next, prepare all the necessary documentation that is needed for HSBC to approve your personal loan application. The list of documents include:
The loan disbursement will be completed (approval in principle within 1 minute) upon HSBC’s approval of your online application.