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Personal > Loans > Personal Revolving Loan
Handy Cash Personal Revolving Loan
  • Interest rate of as low as 8% p.a.(1)
  • First-year annual fee waiver(2).
  • Loan amount of up to HKD600,000 or 8 times your monthly salary(3) (whichever is lower).
  • Flexible repayment, may choose to repay monthly minimum payment(4).
  • Credit limit is restored every time when payment is made without re-applying.
  • Approved loan amount will be instantly credited directly into your designated bank account. Thereafter, you can simply withdraw the loan from any ATM 24 hours a day with your Hang Seng Credit Card / Hang Seng Card(5); or make purchases at EPS(6).
  • Apply via online or mobile app to enjoy HKD200 cash rebate (7)
If you make no additional charges using this account and each month you pay...
You will pay off the balance amount in about...
And you will end up paying an estimated total of...
(A) Only the minimum payment 341 month(s) HKD 296,962.31
(B) HKD 5,031.97 36 month(s) HKD 181,150.92
Savings:

(The total amount of only paying minimum payment amount each month - The total payment amount of paying off the balance amount in 36 months)

HKD 115,811.39
Remarks:
i.
The calculated period (rounded up to the nearest month) and amounts (rounded up to 2 decimals dollar) are for reference only
If you make no additional charges using this account and each month you pay...
You will pay off the balance amount in about...
And you will end up paying an estimated total of...
Only the minimum payment month(s) HKD
You will pay off the balance amount entered above including the finance charges not more than 36 months even each month you pay the minimum payment only.
Remarks:
i.
The calculated period (rounded up to the nearest month) and amounts (rounded up to 2 decimals dollar) are for reference only
You will pay off the balance amount in about...
And you will end up paying an estimated total of...
month(s) HKD
Remarks:
i.
The calculated period (rounded up to the nearest month) and amounts (rounded up to 2 decimals dollar) are for reference only
ii.
The last payment may not be necessarily identical to the above monthly payment amount in order to settle the outstanding balance, hence the estimated total payment amount is for reference only
If you make no additional charges using this account and each month you pay...
And you will end up paying an estimated total of...
HKD HKD
Remarks:
i.
The calculated period (rounded up to the nearest month) and amounts (rounded up to 2 decimals dollar) are for reference only
The repayment period you input is too long, the monthly payment amount is less than the minimum payment requirement. Please input a shorter repayment period.
Other Application Channels
  1. 24-hour Personal Loan Application Hotline 2812 8000
  2. Hang Seng Personal Banking Mobile App
Useful Tools
Terms and Conditions
  1. The promotion period commences on 1 October 2018 and expires on 31 December 2018, both dates inclusive (the “Promotion Period”). The offers are available to customers who successfully apply for and draw down Hang Seng Personal Revolving Loan within the Promotion Period.
  2. Annual fee of Handy Cash Personal Revolving Loan is HKD400. Customers who successfully apply for the loan can be entitled to a first-year annual fee waiver.
  3. The final approved loan amount which is calculated by way of monthly salary multiple is subject to change in accordance with the circumstances of individual cases. The approval of the loan is subject to Hang Seng Bank Limited's (“Hang Seng”) final decision.
  4. You must pay at least the minimum payment amount due on or before the Payment Due Date as shown on the statement. The minimum payment amount is HKD200 or the sum of items (i) to (iv) below (whichever is higher):
    1. all fees and charges (including finance charges and annual fees);
    2. any overdue minimum payment amount;
    3. amount exceeding the designated credit limit after deducting the amount of items (i) and (ii) from the outstanding balance; and
    4. 1% of the outstanding balance after deducting the amount of items (i) to (iii).
  5. Hang Seng Credit Card customers can operate their loan account with their existing Hang Seng Credit Card (not applicable to Supplementary Card, Corporate Card and Private Label Card). A new Hang Seng Card may be issued for customers to operate the loan account (only applicable to those who indicate on the application form that they are applying for a Hang Seng Card, or those who have a credit card already linked to two bank accounts).
  6. You can withdraw up to HKD20,000 a day from any ATM. The limit for transfer and EPS transactions can be up to HKD50,000 a day. The handling fee for cash withdrawal / fund transfer is 2% of transaction amount or HKD50 (whichever is higher). Withdrawal / transfer at ATMs other than those of Hang Seng / HSBC located in Hong Kong is subject to an additional handling fee of up to HKD31. The annual fee for personal revolving loan is HKD400. If you fail to make minimum payment on or before the payment due date, a late charge will be charged.
  7. During the promotion period, customers who have successfully applied for Hang Seng Handy Cash Revolving Loan via hangseng.com/loan, Hang Seng Personal e-Banking or Hang Seng Personal Banking Mobile App and withdraw with a minimum approved loan amount of HKD50,000 within two weeks after approval and maintain the outstanding balance of customer’s first monthly statement (“the Statement”) at least 30% of the approved loan amount are eligible for HKD200 Cash Rebate. The cash rebate will be credited to customer’s revolving loan account within 3 months after the Promotion Period without prior notice. To be eligible for rebate, customers must have no record of default or late payment. If customers close or cancel their loan accounts ahead of rebate date, he/ she shall not be eligible for the rebate.
  8. No person other than the customer and Hang Seng (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provisions of these terms and conditions.
  9. These terms and conditions are subject to prevailing regulatory requirements.
  10. These terms and conditions shall be governed by and construed in accordance with the laws of the Hong Kong Special Administrative Region.
  11. Hang Seng reserves the right to terminate the offers of this promotion at any time or to vary the same and the related terms and conditions from time to time.
  12. In case of any dispute arising from the above loan and offer, Hang Seng's records shall prevail and the decision of Hang Seng shall be final.
  13. In the event of any discrepancy or inconsistency between the English version and the Chinese version of these terms and conditions, the English version shall apply and prevail.

  14. Remark:

    Interest of Revolving Loan Account will be calculated on the basis of actual number of days elapsed and a 365/ 366-day year. 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. For the loan and offer details, interest rates, annualised percentage rates, terms and conditions, please contact Hang Seng's staff or refer to the application form.

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