|What is a Cash Instalment Plan?|
If you need a quick cash injection for a big payment or purchase, a Cash Instalment Plan could help. Get cash from your credit card limit transferred to your bank account, then repay it in instalments over a fixed term of your choice.
Competitive interest rates from as low as 0.69% a month
Quick and easy to apply
Manage your spending with repayment plans ranging from 6 months to 3 years
Have the money paid into your HSBC account or any UAE current or savings account in your name – whatever’s most convenient
|Get a Cash Instalment Plan|
|How does a Cash Instalment Plan work?|
You can apply to borrow any amount starting from AED 1,000, as long as you don’t exceed your credit card limit. And you can choose to pay it off over 6, 12, 24 or 36 months. The terms we can offer you will depend on your circumstances.
Once your application is approved we aim to have the money in your account within 2-5 working days.
|Things you should know|
If your application's successful, we'll let you know the interest rate on your plan and how much your monthly repayments will be. We'll also confirm any processing or early settlement fees that apply. You'll be able to agree to the terms straight away.
Cash Instalment Terms and Conditions and the Schedule of Services and Tariffs apply.
|Who can apply?|
To apply for a Cash Instalment Plan you'll need to have:
- a HSBC UAE credit card
- a current or savings account with any bank in the UAE
Sometimes we'll ask you for proof of income, but we don't usually need to do this.
|Don’t have a HSBC credit card?|
HSBC Black Credit Card
From travel to culinary experiences, culture and shopping there's no limit to where the benefits can take you.