Revolving Credit Facility

What is a Revolving Credit Facility?

Rather than be tied into a fixed monthly payment each month, a revolving loan allows you to use as much of the credit available and only pay interest on what you have used.

Features

• Borrow a revolving loan of up to HKD600,000 or four times your monthly salary, whichever is lower
• Pay off as little as 2.5% of your outstanding revolving loan balance
• No withdrawal or handling fees charged
• Proof of income is not required if you have been maintaining a payroll account with HSBC for the past one month. Irregular income earners (including customers working as part-time, on commission or profit sharing basis) are required to provide income proof of the past 3 months
• The loan amount is transferred to your HSBC account immediately upon successful application

What else should I know?

• Rates
• Terms and Conditions