0% Monthly Instalment Plan

Tired of window shopping?

How many times have you wanted to buy something, but couldn't pay the money upfront? Perhaps you considered a loan and changed your mind due to high interest rates?

Well, you can go right ahead and buy what you desire with your HSBC credit card and pay for them in equal monthly instalments, at 0% interest!

Who is eligible to take up 0% monthly installments?

All HSBC Credit Card holders (excluding Corporate Credit Cardholders) are eligible to take up this offer.

How does it work?

Just walk into any of the outlets mentioned below and select the items of your choice. You then have the option of paying in 3, 6, 9, 12, 18 or 24 equal monthly instalments at 0% interest. (18 & 24 instalments are offered at selected outlets only)

At the point of purchase you will be required to sign a regular sales slip for the total value of the purchase and a simple instalment agreement indicating your choice of instalment plan.

You can buy more than one item on each instalment plan. Please note that the minimum value on each individual plan should be LKR10,000 while the maximum total value is up to LKR500,000 within your credit limit.

How do I pay back the monthly instalments?

That's easy. Each time you purchase item(s) through the instalment plan, your available balance in the credit card account will be reduced by an amount equal in value to your purchase. However, with every monthly instalment you settle, your available balance will increase by that amount.

How can I keep track of my payments?

Your credit card statement will help you keep track of your payments. The monthly instalment amount will be reflected in your credit card statement along with the name of the merchant and the instalment number payable during that month.

How do I settle the instalment?

- You have a choice!

You can either pay your monthly instalment before the date of the statement

or

the total credit card outstanding by the payment due date. You also have the choice of paying the minimum 4% due on the total outstanding balance by the payment due date and carrying forward the balance which will be subject to the regular interest charged on a credit card account.

Any other benefits?

There are no added charges - neither a handling fee, nor a penalty fee, should you decide to settle the balance in full. You will also continue to earn HSBC Rewards points. So what are you waiting for? Get shopping!

For the list of Merchants (Click here)

For further information, please call our Customer Service Centre on + 94 11 4 4722 00 or stop by at your nearest HSBC branch.You could also contact us via e-mail.