Cards

• Cash Instalment Program
• Purchase Instalment Program
• Merchants Interest-free Instalment Program

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

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.