Comparing credit card instalment plans

A credit card instalment plan lets you split your spending into monthly payments.

This makes large purchases easier to manage, and gives you more control over your cash flow.

Take me straight to:

Spending Instalment Plan
All-You-Can-Split
Cash Instalment Plan
How to choose the right credit card instalment plan for yourself
Credit card instalment plan frequently asked questions

Spending Instalment Plan

Transaction instalment

Credit card instalment plans let you split a transaction into equal monthly payments. Take HSBC's Spending Instalment Plan as an example. You can apply at any time to split a single credit card purchase into monthly payments over 6 to 60 months. You don't need to provide any supporting documents for it.

You might get more rewards, such as RewardCash (RC), when you repay by instalments. There's even a chance to unlock extra rewards when you spend a specified amount in a given month.

Balance instalment

HSBC's Spending Instalment Plan also lets you split the balance of your credit card bill into monthly instalments. It helps you with cash flow and keeps you on track with payments.

Key features of the HSBC Spending Instalment Plan

Low minimum amount

Transaction instalment: you can apply for a transaction instalment if your transaction is HKD1,000 or more;

Balance instalment: you can apply for a balance instalment if your credit card bill is HKD1,000 or more.
Flexible repayment periods

Choose a repayment period of 6 to 60 months.
Real-time application processing

If you apply during set hours, we process your application right away. Check the product page for more details.
Personalised handling fees

Your monthly fee depends on the transaction amount. Use the repayment calculator to get an estimate.
RewardCash

You might earn RewardCash with the plan.

Is the HSBC Spending Instalment Plan for you?

If your monthly spending varies and you want to choose which transactions to split, the Spending Instalment Plan is for you. For example, after you pay a large insurance bill or buy a home appliance, you can apply right away to turn that transaction into monthly instalments. This won't affect your other purchases.

How to apply for the HSBC Spending Instalment Plan

You can apply via the HSBC HK App or Reward+. Check the application section for details and how to get started.

Before you apply, check the interest rates and monthly fees that come with credit card instalment plans.

All-You-Can-Split

Apply for HSBC's All-You-Can-Split once, and we turn your eligible credit card balance into monthly instalments. You don't need to apply again, so it's a simple way to manage your money.

Key features of All-You-Can-Split

Splitting automatically

After you apply once, we turn your eligible monthly bills from HKD1,000 to HKD30,000 into instalments each month.
Flexible repayment periods

You choose how long you'd like to repay. For example, repay each instalment plan in 3 or 6 months.
One-off subscription fee

A single fee is charged when you set up the service. No additional interest or handling fees apply after that.
Flexible settings

You can choose how many monthly statements you want to include in the plan and your repayment period.
Exclusive for HSBC Red Credit Card

The HSBC Red Credit Card gives you exclusive access to All-You-Can-Split. Each Red Credit Card can set up the service once.

Is All-You-Can-Split for you?

All-You-Can-Split is a good choice if you spend about the same amount each month and don't want to keep reviewing and applying. It's also great for those who expect to have large spends in the next few months and want to plan ahead.

You apply just once, and we'll turn your eligible credit card bills into instalments over the coming months. Applying for a credit card instalment in one lump sum could result in lower fees too. It's a simple way to spread your payments without the repeated admin.

How to apply for All-You-Can-Split

You can apply for All-You-Can-Split via Reward+. Visit the product page for application details.

Remember to check the interest rates and monthly fees before you apply.

Cash Instalment Plan

Need quick access to cash? HSBC's Cash Instalment Plan lets you turn your available credit into cash, deposited straight into your HSBC account. You can also use the money to pay off balances on credit cards from other providers and cut the interest you pay.

Key features of the Cash Instalment Plan

Flexible repayment periods

Choose a repayment period of 6 to 60 months.
Low monthly fees

Selected customers can enjoy lower monthly handling fees, subject to the approved loan amount and individual promotions.
Fixed monthly repayments

Choose your repayment period and confirm your monthly repayment amount. It'll stay the same for the whole loan term, so it’s easier to plan your budget.
Same-day transfer

If you apply during business hours, get approved, and meet the conditions, you can get your cash on the same day.
Use it your way

After approval, the money can go straight to your HSBC account. Or, you can use it to settle outstanding credit card balances with other providers.

Is the Cash Instalment Plan for you?

The Cash Instalment Plan suits credit cardholders who need quick access to cash. It can help with unexpected costs like home renovations, medical bills, or last-minute travel expenses. The plan lets you get the money you need at a lower monthly cost. You also get a fixed repayment schedule, which makes budgeting easier.

How to apply for the Cash Instalment Plan

You can apply via the HSBC HK App or our 24/7 application hotline. Check the product page for details about how to apply.

Make sure you check the interest rates and monthly fees before you apply.

How to choose the right credit card instalment plan for yourself

Comparing credit card instalment plans
Feature	Spending Instalment Plan	All-You-Can-Split	Cash Instalment Plan
Instalment method	Set up instalments for one transaction or one credit card bill at a time	Automatically split eligible monthly bills	Turn available credit into cash, then repay by instalment
Minimum instalment amount	HKD1,000	HKD1,000	HKD2,000
Maximum instalment amount	Subject to eligible credit card limit	Up to HKD30,000 a month	Subject to available credit card limit
Repayment period	6 to 60 months	Customisable (for example, 3 months or 6 months)	6 to 60 months
Fee	Monthly fee	One-off subscription fee with no further interest or handling fees	Monthly fee
Application	Apply for each transaction when needed	Auto split after applying once	Apply whenever you need
Advantage	Set up instalments for individual transactions with flexibility	More convenience without the need for monthly reviews or applications	Possible to get cash on the same day you apply

Comparing credit card instalment plans
Feature	Instalment method	Instalment method
Spending Instalment Plan	Set up instalments for one transaction or one credit card bill at a time	Set up instalments for one transaction or one credit card bill at a time
All-You-Can-Split	Automatically split eligible monthly bills	Automatically split eligible monthly bills
Cash Instalment Plan	Turn available credit into cash, then repay by instalment	Turn available credit into cash, then repay by instalment

Feature	Minimum instalment amount	Minimum instalment amount
Spending Instalment Plan	HKD1,000	HKD1,000
All-You-Can-Split	HKD1,000	HKD1,000
Cash Instalment Plan	HKD2,000	HKD2,000

Feature	Maximum instalment amount	Maximum instalment amount
Spending Instalment Plan	Subject to eligible credit card limit	Subject to eligible credit card limit
All-You-Can-Split	Up to HKD30,000 a month	Up to HKD30,000 a month
Cash Instalment Plan	Subject to available credit card limit	Subject to available credit card limit

Feature	Repayment period	Repayment period
Spending Instalment Plan	6 to 60 months	6 to 60 months
All-You-Can-Split	Customisable (for example, 3 months or 6 months)	Customisable (for example, 3 months or 6 months)
Cash Instalment Plan	6 to 60 months	6 to 60 months

Feature	Fee	Fee
Spending Instalment Plan	Monthly fee	Monthly fee
All-You-Can-Split	One-off subscription fee with no further interest or handling fees	One-off subscription fee with no further interest or handling fees
Cash Instalment Plan	Monthly fee	Monthly fee

Feature	Application	Application
Spending Instalment Plan	Apply for each transaction when needed	Apply for each transaction when needed
All-You-Can-Split	Auto split after applying once	Auto split after applying once
Cash Instalment Plan	Apply whenever you need	Apply whenever you need

Feature	Advantage	Advantage
Spending Instalment Plan	Set up instalments for individual transactions with flexibility	Set up instalments for individual transactions with flexibility
All-You-Can-Split	More convenience without the need for monthly reviews or applications	More convenience without the need for monthly reviews or applications
Cash Instalment Plan	Possible to get cash on the same day you apply	Possible to get cash on the same day you apply

Ask yourself these questions

Do you expect to have large spends in the next few months and want to plan ahead?

If so, All-You-Can-Split might be the better fit.
Do you want to choose which transactions to split?

If yes, the Spending Instalment Plan might suit you better.
Do you need cash immediately?

If yes, the Cash Instalment Plan might be for you.

Credit card instalment plan frequently asked questions

Will a credit card instalment plan affect my credit rating?

Using a credit card instalment plan or cash instalment plan won't affect your credit rating. Just make sure to repay each instalment in full and on time. Otherwise, you might face interest charges, and your credit score might go down.

Can I repay a credit card instalment plan early?

Yes, you can. The Spending Instalment Plan, All-You-Can-Split and Cash Instalment Plan let you repay early. But you might need to pay any remaining handling fees, interest and admin charges. Check the terms first to see if such fees apply.

Will a credit card instalment plan affect your credit limit?

Yes. A credit card instalment plan will reduce your available credit limit. The instalment amount remains part of your used credit until you repay the full balance. Before you apply, make sure you have enough borrowing capacity for daily spending.

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

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