Saturday 31st Jul 2010 12:15 AM
HSBC Personal Line of Credit
Annual Fee:
S$0
Interest per month(%):
1.000
Minimum Annual Income:
S$30000
Min Repayment Fee per month:
3% or $15
Credit Limit (Whichever is lower):
2X monthly income or up to $100,000
Benefits & Privileges
- HSBC Premier customers will enjoy 8.9% p.a. preferential interest rate
- HSBC Infinity and HSBC Revolution customers will enjoy 12% interest rate for 12 months, followed by 14.24% preferential interest rate thereafter
Remarks and Special Requirements
- 1% interest rate promotion valid for 12 months
- Annual Fee waiver only for 1st year. Subsequently years $60 annual fee applies
- All applicants must be between 21 - 55 years of age, no guarantor required
- For Singaporeans and Singapore Permanent Residents, minimum annual income of S$30,000. For self-employed or commission-based earners, minimum annual income of S$40,000
- For foreigners residing in Singapore, minimum annual income of S$40,000. Employment pass validity of at least one year for personal line of credit
- Eligible for 6 months 3% interest rate balance transfer