A financial safety net for life's ups and downs
- Get a secured overdraft of up to 95% against an HSBC Term Deposit Account in AED, USD and GBP, with no arrangement or processing fees and flexible repayments
- A secured overdraft against your Term Deposit is a convenient way to manage any unforeseen or urgent expenses without the need to break your Term Deposit before maturity
- Borrow up to AED 30,000 or twice your salary (whichever is lower) with an unsecured overdraft alongside your HSBC current account, with no annual or renewal fees[@overdraft]
Things to know
Who can apply?
If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future.