Home
banner

Credit Cards

Instalment Program Offers

Purchase Instalment Program

You can apply for the Purchase Instalment Program with an accumulated credit card spending of HK$1,000 or above in one statement period. The monthly handling fee is as low as 0.28%!

 

Spending Type Instalment Amount Repayment Period Monthly Handling Fee



Any Spending


HK$1,000 - HK$29,999


HK$30,000 or above
12 or 24 months


0.35%


0.28%
 

Example

Assuming that the instalment amount is HK$30,000
Instalment Amount Repayment Period Monthly Instalment Monthly Handling Fee Monthly Repayment



HK$30,000


12 Months


24Months


HK$2,500


HK$1,250


HK$84 (0.28%)


HK$84 (0.28%)
HK$2,500+HK$84
=
HK$2,584
HK$1,250+HK$84
=
HK$1,334

Notes:

  1. The Annualized Percentage Rate (“APR”) of 0.28% monthly handling fee is 6.32% (12-month instalment) and 6.51% (24-month instalment) respectively. The APR of 0.35% monthly handling fee is 7.94% (12-month instalment) and 8.16% (24-month instalment) respectively.
  2. The APR above is calculated based on the requirement of the Code of Banking Practice.
  3. The APR is a reference rate which includes the basic interest rates and other fees and charges of a product expressed as an annualized rate.

Application Hotline: (852) 2818 8236



Reminders about Responsible Borrowing
  • You should have a clear understanding of your financial condition, daily expenses, and actual borrowing needs.
  • You should have assessed your repayment ability and avoid over-borrowing.
  • You should repay any outstanding balance on time to avoid late payment charges and additional overdue interest charged by the bank.
  • To borrow or not to borrow? Borrow only if you can repay!
In case you wish to enquire whether a third party is appointed by our Bank for referring credit card or loan application, please contact customer service hot line 2818 0282.
Previous pageBack to top