HSBC Personal Loan

Rates and Fees verified correct on February 28th, 2017

The HSBC Personal Loan offers a competitive fixed rate to help you take your next step.

No matter what you're looking to finance, whether it be home renovations, a large purchase or even a holiday, the HSBC Personal Loan is a competitive financing option to consider. Loan amounts are available from $5,000 and a low fixed rate will be applied for your entire loan term, helping you to budget and keep your repayments manageable. If you earn more than $30,000, read the review below to find out the other features of this loan, and if it's right for you.

Things to consider with the HSBC Personal Loan

Product NameHSBC Personal Loan
Interest Rate (p.a.)From 9.5% (fixed)
Comparison Rate (p.a.)10.06%
Interest Rate TypeFixed
Minimum Loan Term1 year
Maximum Loan Term5 years
Min Loan Amount$5,000
Max. Loan Amount$50,000
Application Fee$150
Monthly Service Fee$5
Loan SecurityUnsecured


  • Competitive interest rate
  • Make extra repayments at any time
  • Apply for up to $50000


  • Establishment fee of $150
  • Monthly account fee of $5
  • $199 early termination fee

Things to consider with the HSBC Personal Loan

This loan comes with an interest rate of 9.5% p.a., which is a fixed rate. The loan is unsecured so you can use it to finance a variety of personal purchases. While the loan amount you're approved for will depend on your financial situation, you can apply for any amount between $5,000 and $50,000. The loan comes with a $150 establishment fee.

Features that come with the HSBC Personal Loan

There are various features and benefits on offer with this loan, including:

  • Easy application and fast turnaround. You can apply online and receive a response within 60 seconds. Once you've been approved, your funds will be transferred within a couple of days.
  • Fixed interest rate. The loan comes with a competitive fixed rate of 9.5% p.a., meaning your repayments remain the same for your entire loan term. This can help you budget and manage your loan.
  • Various loan amounts. You can apply for any amount between $5,000 and $50,000, making this loan suitable for a range of personal financing needs.
  • Choice of loan terms. Repay your loan over your choice of terms, which are between 1 year(s) and 5 year(s).
  • Flexible repayments. You're able to make additional repayments at any time. Keep in mind that an early termination fee applies.

How much does the loan cost?

It's important to understand all the fees and charges that come with a loan before you apply:

  • Interest rate: 9.5% p.a.
  • Comparison rate: 10.06% p.a.
  • Establishment fee: $150
  • Monthly account-keeping fee: $5
  • Early terminational fee: $199 (does not apply in the last six months of the loan term)

Keep in mind that other fees and charges may apply. Check your loan contract for a full list of these.

Here's how you can apply for the HSBC Personal Loan

You can get your application started by clicking "Go to Site". First, make sure you meet the eligibility criteria as outlined below:

  • You're over the age of 18
  • You earn at least $30,000 p.a.
  • You have a good credit rating

If you meet these criteria you are eligible to apply. Have the following documents on hand to complete the application:

  • Identification, such as your driver's licence or passport
  • Address and contact details
  • Details of your employments, such as your employer's name and how long you've worked there
  • How much your earn and information regarding your finances

The application shouldn't take you longer than 10 minutes and you'll receive a response from HSBC in 60 seconds. If you're approved, you can receive your funds a couple of days later.

The HSBC Personal Loan is a competitive offering, but as there are a range of similar loans available, remember to compare your options before you submit your application.

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This page was last modified on 27 April 2016 at 12:03.

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10 Responses to HSBC Personal Loan

  1. Default Gravatar
    Marquisya | November 9, 2016

    Wanted to know the payments per month for a 3000 dollar loan. How long to pay?

    • Staff
      Anndy | November 9, 2016

      Hi Marquisyasudderth,

      Thanks for your question.

      For HSBC Personal loan, the minimum loan amount is $5,000 with maximum repayment period of 5 years.

      You can click the ‘go to site’ button on our page so you’ll be directed to HSBC website where you can take advantage of their Personal Loan Repayment Calculator.


  2. Default Gravatar
    esther | October 8, 2016

    what is minimum credit score

    • Default Gravatar
      Kirk | October 19, 2016

      Im requiring a loan of around 12000 to consolidate a high interest loan and have money for a holiday i have a ok credit rating what are my options without having my credit report accessed

    • Staff
      Elizabeth | October 19, 2016

      Hi Kirk,

      If you don’t have bad credit you may not need a no credit check loan. These loans are higher cost than a loan from a bank. If you do want to compare some, you can do so here.

      If you want to compare unsecured personal loans you can on this page. Just click through to the review page to see the eligibility criteria set by each lender to make sure you are eligible to apply.

      Hope this helps,


    • Staff
      Chester | October 9, 2016

      Hello Esther,

      Thanks for your question.

      A good credit rating will improve your chances of applying for credit at a higher limit with better repayment terms. While lenders are trending towards a more comprehensive or positive system of assessment.

      To know more about your credit score you may visit this link for more info.

      I hope this helps.


  3. Default Gravatar
    Brian | August 17, 2016

    Hi, both my wife and I are age pensioners, and we are enquiring if you lend to pensioner. We have assets of around $350k, and am looking to upgrade our car and need around $7-8k for this. We earn around $35k pensions and a small amount of cash which can’t be substantiated.
    Would you be interested to see an application?

    • Staff
      Elizabeth | August 22, 2016

      Hi Brian,

      You’re still able to apply for the loan as an age pensioner but you need to individually meet the income requirements for the loan (earn at least $30,000 p.a.). If you don’t meet this requirement you can find out about your other options on this page.

      I hope this helps,


  4. Default Gravatar
    | July 19, 2016

    Hi I’m from Cairo 47 years i ned loan 10000 $ or en4 years
    002 01012860586

    • Staff
      Elizabeth | July 20, 2016

      Hi Ashref,

      Unfortunately these loans are only available to current residents of Australia. You’ll need to find a lender in Cairo if you’re in need of a loan.

      Sorry I couldn’t be of further assistance,


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