HSBC Personal Loans
Compare HSBC personal loans and rates
The table below displays a snapshot of HSBC’s secured personal loan products and rates on Canstar’s database, sorted by Star Rating (highest to lowest). Please note the products and Star Ratings displayed are based on a loan amount of $20,000 for a three-year loan in NSW.
What personal loans does HSBC offer?
HSBC currently offers just the one type of personal loan at the time of writing, the HSBC fixed rate personal loan.
This loan has the following features:
- Rate starting from 9.50% with a comparison rate starting from 10.06% p.a.
- Loan term up to 5 years
- Loan amount between $5,000 and $50,000
- Flexible repayments of either weekly, fortnightly or monthly
- Easy online application – takes 10 minutes
Related article: Secured vs Unsecured Personal Loans – What’s the Difference?
What can you use HSBC’s personal loans for?
A personal loan with HSBC can be used for many important life events, such as:
- Buying a car
- Debt consolidation
- Holidays
- Home renovations
- Weddings
Personal loans are a relatively straightforward way of borrowing money with a structured repayment program. A personal loan with HSBC could give you access to more money to pay for these major life events.
Check the product disclosure statement (PDS) from HSBC to see what you can and can’t take out a personal loan for.