Hang Seng Debt Consolidation Instalment Loan - Exclusive online offer^ Hang Seng Debt Consolidation Instalment Loan - Exclusive online offer^
Apply for Hang Seng Debt Consolidation Instalment Loan with promo code "HV3C" to enjoy privileged offers on or before 25 July 2023:
Personalised interest rate to save up to 94% of interest expenses#
Up to HKD27,000 Cash Rebate(1)
Cash rebate offer
for new customer
Up to
HKD25,000
Cash Rebate(1)
For online or
mobile application
Up to
HKD1,000
Cash Rebate(1)
MoneyHero
Exclusive

Extra HKD1,000
Cash Rebate(1)^
Only the latest month’s income proof(2) is required, people from all sectors are welcome to apply
Loan amount of up to 21 times your monthly salary(3), and repayment periods up to 72 months
Extra cash up to 8 times of your monthly salary(3) on hand in addition to having your outstanding credit card and loan balances paid off
Enquiry Hotline: 2812 8000
# Interest-saving example for reference
General credit card outstanding balance Transfer to Hang Seng Debt
Consolidation Instalment Loan
Loan amount HK$200,000 HK$200,000
Average monthly repayment HK$6,409 HK$3,178
Reduced by 50%
Repayment period (month) 371 (over 30 years) 72 (only 6 years)
Shortened by over 24 years
Total interest expenses HK$533,452 HK$28,802
Saved over 94%
Enjoy HK$2,000 Cash Rebate
  • This example is calculated based on a monthly flat rate of 2.67% charged by general credit card and a monthly repayment of all fees and charges billed to the credit card followed by 1% of the credit card outstanding balance or HK$300 (whichever is higher) over a 371-month repayment period. The average monthly repayment amount quoted above is calculated based on the first 6 instalments and is rounded to the nearest dollar. The Annualised Percentage Rate (APR) is 35.72%.
  • The above example is calculated based on a monthly flat rate of 0.20% over a 72-month repayment period. The APR is 4.63% and does not include cash rebate. The APR is calculated using the Net Present Value Method in accordance with the Code of Banking Practice. The APRs are reference rate which include the basic interest rate and other fees and charges of a product expressed as an annualised rate (if applicable). The final approved interest rate and handling fee are subject to the loan amount and the credit assessment result. The total interest expenses are inclusive of the handling fee. The monthly repayment amount is rounded up to 1 decimal point and will be debited from the repayment account on the due date every month. The proportion of loan principal to interest in each monthly instalment amount is calculated according to the Rule of 78.
  • Refer to the example, customer can enjoy HK$2,000 cash rebate for HK$200,000 debt consolidation loan amount which is settling the credit card and/or personal instalment loan outstanding amount owed to the third party(ies). Please refer to terms and conditions (ii) for details.
  • For details of the loan and offers, interest rates, handling fees, annualised percentage rates, and related terms and conditions, please contact Hang Seng staff.
  • The repayment example is for reference only. The total interest expense over the whole repayment period quoted above is rounded to the nearest dollar. Actual interest expense amount that can be saved is determined on a case-by-case basis (it depends on various factors such as the outstanding balance of credit card that a customer currently holds, interest rate charged by the respective credit card, monthly repayment amount, repayment period as well as the amount of Debt Consolidation Loan approved by Hang Seng, loan repayment period, interest rate and monthly repayment amount).

Remarks:

  1. For the cash rebate offers and other terms and conditions, please refer to the promotion terms and conditions set out below for details.
  2. Hang Seng Bank Limited (“Hang Seng”) reserves the right to request additional income proof from individual applicants on a case-by-case basis.
  3. The final approved loan amount is subject to the circumstances of individual cases.
  4. Hang Seng will contact you for the final approved loan amount, interest rate, handling fee, and other terms and conditions after the Loan is officially approved.
  5. If the Loan application (or part of it) is approved, the loan amount will be paid by way of cashier order or interbank fund transfer (CHATS). If the loan amount cannot be paid by CHATS, it will be paid by cashier order. Where the loan (or part of it) is disbursed by CHATS, the CHATS payment will be transferred to the designated beneficiary banks/financial institutions on the Loan drawn down date. The beneficiary banks/financial institutions may charge a handling fee for local telegraphic transfer from the relevant accounts. Where the loan (or any part of it) is disbursed by cashier order, it will be sent by registered mail/courier to the applicants, or can be collected at Hang Seng in person. Upon receiving the cashier order, applicants should deposit the cashier order to the designated beneficiary banks/financial institutions accordingly.
  6. To ensure the application is processed promptly, please submit the latest monthly statements of the personal overdraft/loan/credit card accounts for each balance transfer requests. The processing priority and the transferred balance are subject to credit assessment result. The actual settlement date may vary according to the policies and procedures of the beneficiary banks/financial institutions. Applicants should note the repayment due date of the beneficiary accounts. In any circumstances, the Bank shall not guarantee that the approval loan is disbursed on or before the relevant repayment due date of the beneficiary accounts. Hang Seng shall not be liable for any interests, charges or penalties arising from the amount owed to beneficiary banks/financial institutions.
  7. Hang Seng shall not accept any application of the Debt Consolidation Instalment Loan for the purpose of settling outstanding amounts of Hang Seng Personal Instalment Loans, Personal Revolving Loans, credit cards and overdrafts, and the beneficiary accounts should be Hong Kong Dollar Accounts under the applicants’ sole name.
  8. In the event of the loan amount being insufficient to settle in full the outstanding amount owed to the relevant beneficiary banks/financial institutions, applicants shall be responsible for repaying the residual outstanding amount to the beneficiary banks/financial institutions.
  9. The salary scheme of our representatives (included basic salary and incentive) is based on their performance of various aspects and not only the sales target achieved.
  10. Customer is advised to pay attention on whether interest expenses would be saved by making early repayment of personal instalment loan. For enquiring the relevant fees and charges of loan account, please call our Personal Loan Service Hotline 2997 3882.
  11. For the frequently asked questions relating to Personal Instalment Loan (e.g. Important notes of early repayment; the basis of apportionment of principal and interest in the monthly repayment, etc), please refer to Hang Seng Bank’s website (Loans>Personal Instalment Loan>FAQs).
During Promotion Period, customers who have successfully applied for Hang Seng Debt Consolidation Instalment Loan and drawn down the loan with a minimum drawdown amount of HKD100,000 and a minimum repayment period of 24 months, and input the MoneyHero Exclusive Promotion Code "HV3C" under Section A "Balance transfer details" during the application, will be entitled to extra HKD1,000 Cash Rebate. By using the promotion code, you agree to be bound by clause (ii) of terms and conditions as set out by the Bank.

Key Facts Statement

Promotion Terms and Conditions


Hang Seng Debt Consolidation Instalment Loan is provided subject to the Terms and Conditions for Hang Seng Personal Instalment Loan and Hang Seng Personal Revolving Loan. Please read the declaration on the application form via our website, and read the Terms and Conditions for Hang Seng Personal Instalment Loan and Hang Seng Personal Revolving Loan and the Notice to Customer and Other Individuals relating to the Personal Data (Privacy) Ordinance which accompanies this application ("Notice").

To borrow or not to borrow? Borrow only if you can repay!






Up to HKD27,000 cash rebate(1)^