Cash Instalment helps you cash out your credit limit from credit card and disburse to your bank account for flexible use. You can repay by monthly instalment at a monthly handling fee as low as 0.18% (APR as low as 3.76%)1. Monthly repayment will be billed to your credit card account and you can settle together with other retail spending transaction in credit card statement.
Enjoy up to HKD 1,300 handling fee rebate
Selected customers can enjoy pre-approved instalment, no document required2
Personalized monthly handling fee as low as 0.18%1
6 - 60 months flexible repayment period
Cash will be disbursed to your designated account
Enjoy up to HKD 1,300 handling fee rebate3
Apply before 24th July, 2023 to enjoy up to HKD500 handling fee rebate and earn up to extra HKD800 handling fee rebate for customers who apply online.
Mr. Lau is planning to decorate his home for his family of three but short of cash. His budget is around HKD 100,000 and his personalized monthly handling fee is 0.18%1. He wishes to repay less than HKD 2,000 per month to soothe his financial burden, so he chooses to repay in 60 months.
Monthly repayment4 for Mr. Lau
= (Cash out amount ÷ Repayment period) + Monthly handling fee
= (HKD 100,000 ÷ 60) + (HKD 100,000 x 0.18%)
= HKD 1,846.67
Yes, it is fixed in each and every month during the repayment period of credit card instalment.
If your cash out amount exceed the pre-approved amount, you have to submit income proof for review. Please submit the relevant supporting document within 3 working days after application via any of the following channels:
Cash Instalment and handling fee rebate
To borrow or not to borrow? Borrow only if you can repay!