7.20.2010

HSBC's Balance Transfer


Enjoy low monthly payments with 0.60%* add-on interest for 14, 18, 20 and 26 months when you transfer your non-HSBC credit card balances to your HSBC credit card. Plus, you will enjoy:
  • Bonus points on the transferred balance that let you redeem rewards items and/or free flights
  • The option to pay as low as the minimum payment amount due on the outstanding balance when necessary
Tenor
(months)
Add-On Interest
per month
Factor Rate Minimum BT Amount Effective Rate per Annum
14 0.60%* 0.07743 Php7,000 13.13%
18 0.06156 Php9,000 13.23%
20 0.05600 Php10,000 13.25%
26 0.04446 Php13,000 13.26%

Sample Computation:
Transfer Php10,000 for 14 months at 0.60%* add-on interest per month
Sample computation
Visit HSBC.com.ph for details and application requirements.

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