Compare Banks Loans Rates and APR 2022

Compare bank loans in Hong Kong with the lowest interest rates. Find out your personalized loan amount, APR, and repayment period. Read More
100,000 personal loan Paid over 12 Months
HK$
We found 25 Personal Loans for you!
WeLab logo

Monthly Payment

HK$8,413

Monthly Payment
MoneySmart Exclusive
APR* (Inclusive of HKD 6,300 cash rebate)
1.28%
Total Amount Payable
HK$100,960
Total Interest Payable
HK$960
Monthly Payment
HK$8,413

【MoneySmart Exclusive Offer】Up to HK$6,388 rewards upon successful application and drawdown of WeLab Bank designated personal loan via MoneySmart!
From now until 31 October 2022, customers enter referral code "NLSMRT" to successfully apply for loan and draw down the $500,000 loan could win you up to HK$6,388 rewards (Including $3,000 draw down cash rebate from WeLab Bank and HK$3,000 supermarket vouchers / PHILIPS ADD6910DG RO Water Dispenser from MoneySmart);



WeLab Bank客戶凡成功申請及獲批貸款金額HKD 80,000或以上,及還款期為24個月或以上,並於批核後7日內提取貸款可享高達HKD3,000 現金回贈

New Welab bank customers enter referral code "NLSMRT" to successfully open an account could get an extra $300 account opening spending rebate.
*Upon your submission of the gift redemption form, you acknowledge and agree the information entered in this form may be shared to business partners for validation and that business partners may share their results back to us for fulfilment purposes in accordance with our “Privacy Policy

Valid until 31 Oct 2022 - See more details below
Apply Now
Citibank 花旗銀行 logo

Monthly Payment

HK$8,395

Monthly Payment
MoneySmart Exclusive
APR*
1.38%
Total Amount Payable
HK$100,744
Total Interest Payable
HK$744
Monthly Payment
HK$8,395

New customers who successfully apply and drawdown the Citi Speedy Cash/Citi Card Debt Consolidation Loan can get Macbook Air M2 chip, 512 GB / Macbook Air M2 chip, 256GB / Herman Miller Sayl Office Chair / Sony PlayStation® 5 Game Console / AirPods 3rd generation/ **up to HK$10,000 Voucher/ Apple Gift Card!!!**

Valid until 16 Oct 2022 - See more details below
Apply Now
中信銀行(國際) logo

Monthly Payment

HK$8,419

Monthly Payment
MoneySmart Exclusive
0% Handling Fee APR as low as 1.90%
APR*
1.90%
Total Amount Payable
HK$101,024.80
Total Interest Payable
HK$1,024.80
Monthly Payment
HK$8,419

【MoneySmart Exclusive Offer 】- Get total reward up to HK$20,000!
Customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to HK$20,000 Supermarket Voucher / HK$20,000 Apple Store Gift Card / ASUS Zenbook Pro 14 Duo OLED Notebook (retail price: HK$19,998) !

Valid until 31 Oct 2022 - See more details below
Apply Now
DBS 星展銀行 logo

Monthly Payment

HK$8,353

Monthly Payment
Loan amount up to HK$2,000,000
APR*
4.27%
Total Amount Payable
HK$100,240
Total Interest Payable
HK$240
Monthly Payment
HK$8,353
Apply Now
DBS 星展銀行 logo

Monthly Payment

HK$8,353

Monthly Payment
Instant cash out single-handedly
APR*
1.8%
Total Amount Payable
HK$100,240
Total Interest Payable
HK$240
Monthly Payment
HK$8,353
Apply Now
SCB 渣打銀行 logo

Monthly Payment

HK$8,553

Monthly Payment
APR as low as 1.70%
APR*
4.94%
Total Amount Payable
HK$102,634
Total Interest Payable
HK$2,634
Monthly Payment
HK$8,553
Apply Now
Citibank 花旗銀行 logo

Monthly Payment

HK$8,473

Monthly Payment
MoneySmart Exclusive
Repayment term up to 72 months
APR*
3.13%
Total Amount Payable
HK$101,680
Total Interest Payable
HK$1,680
Monthly Payment
HK$8,473

New customers who successfully apply and drawdown the Citi Speedy Cash/Citi Card Debt Consolidation Loan can get Macbook Air M2 chip, 512 GB / Macbook Air M2 chip, 256GB / Herman Miller Sayl Office Chair / Sony PlayStation® 5 Game Console / AirPods 3rd generation/ **up to HK$10,000 Voucher/ Apple Gift Card!!!**

Valid until 16 Oct 2022 - See more details below
Apply Now
富邦銀行 logo

Monthly Payment

HK$8,541

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR*
4.66%
Total Amount Payable
HK$102,488.80
Total Interest Payable
HK$2,488.80
Monthly Payment
HK$8,541

Limited Time Offer! Customers enter referral code "MSFN22" to successfully apply and drawdown Fubon Balance Transfer Personal Loan can get up to HK$5,000 Supermarket Cash Voucher + Apply and draw down the loan via our online platform or Fubon GO Mobile App (“Fubon GO”) to enjoy supermarket cash coupon of HK$300 + Extra HK$1,200 Supermarket Voucher or Apple Gift Card from MoneySmart when your application approved successfully!

Valid until 31 Oct 2022 - See more details below
Apply Now
HSBC 滙豐銀行 logo

Monthly Payment

HK$8,683

Monthly Payment
Bank Promo
APR
7.95%
Total Amount Payable
HK$104,200
Total Interest Payable
HK$4,200
Monthly Payment
HK$8,683
Bank Promo:
Customers who apply for a specified loan amount through MoneySmart and successfully apply during the promotion period are subject to this promotion and the relevant terms and conditions, receiving up to HK$3,300 cash rebate (Fulfilled by HSBC)
Valid until 10 Oct 2022 - See more details below
Apply Now
天星銀行Airstar logo

Monthly Payment

HK$8,467

Monthly Payment
APR*
2.99%
Total Amount Payable
HK$101,608
Total Interest Payable
HK$1,608
Monthly Payment
HK$8,467
Apply Now
大新銀行 logo

Monthly Payment

HK$8,437

Monthly Payment
MoneySmart Exclusive
Loan disbursement in as quick as 15 minutes
APR* (include 1-month payment holiday and cash rebate)
1.38%
Total Amount Payable
HK$101,244.40
Total Interest Payable
HK$1,244.40
Monthly Payment
HK$8,437

【Welcome Offer Exclusive for MoneySmart Users】From now until 31 October 2022, customers who successfully apply for loan via MoneySmart and drawdown the loan on or before 31 October 2022 can get extra HK$300 Supermarket Voucher / Apple Gift Card!

Valid until 31 Oct 2022 - See more details below
Apply Now
中信銀行(國際) logo

Monthly Payment

HK$8,546

Monthly Payment
MoneySmart Exclusive
Repayment period up to 72 Months
APR*
6.77%
Total Amount Payable
HK$102,556
Total Interest Payable
HK$2,556
Monthly Payment
HK$8,546

【MoneySmart Exclusive Offer 】- Get total reward up to HK$20,000!
Customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to HK$20,000 Supermarket Voucher / HK$20,000 Apple Store Gift Card / ASUS Zenbook Pro 14 Duo OLED Notebook (retail price: HK$19,998) !

Valid until 31 Oct 2022 - See more details below
Apply Now
富邦銀行 logo
MoneySmart Exclusive
Fixed rate for privileged customers

Limited Time Offer! Customers enter referral code "MSFN22" to successfully apply and drawdown Fubon “Perfect Fit” Personal Loan can get up to HK$5,000 Supermarket Cash Voucher + Apply and draw down the loan via our online platform or Fubon GO Mobile App (“Fubon GO”) to enjoy supermarket cash coupon of HK$300 + Extra HK$1,200 Supermarket Voucher or Apple Gift Card from MoneySmart when your application approved successfully!

Valid until 31 Oct 2022 - See more details below
Apply Now
大新銀行 logo

Monthly Payment

HK$8,536

Monthly Payment
MoneySmart Exclusive
Monthly flat rate as low as 0.11%
APR* (include cash rebate)
4.61%
Total Amount Payable
HK$101,320
Total Interest Payable
HK$1,334.52
Monthly Payment
HK$8,536

【Welcome Offer Exclusive for MoneySmart Users】From now until 31 October 2022, customers who successfully apply for loan via MoneySmart and drawdown the loan on or before 30 November 2022 can enjoy up to HK$2,200 Supermarket Voucher or Apple Gift Card!

Valid until 31 Oct 2022 - See more details below
Apply Now
天星銀行Airstar logo

Monthly Payment

HK$8,467

Monthly Payment
APR*
2.99%
Total Amount Payable
HK$101,608
Total Interest Payable
HK$1,608
Monthly Payment
HK$8,467
Apply Now
SCB 渣打銀行 logo

Monthly Payment

HK$8,754

Monthly Payment
Up to HK$8,000 cash rebate for online application
APR*
9.6%
Total Amount Payable
HK$105,052
Total Interest Payable
HK$5,052
Monthly Payment
HK$8,754
Apply Now
BEA 東亞銀行 logo

Monthly Payment

HK$8,413

Monthly Payment
0% handling fee
APR*
1.78%
Total Amount Payable
HK$100,960
Total Interest Payable
HK$960
Monthly Payment
HK$8,413
Read More
富邦銀行 logo

Monthly Payment

HK$8,510

Monthly Payment
MoneySmart Exclusive
APR*
3.97%
Total Amount Payable
HK$102,124
Total Interest Payable
HK$2,124
Monthly Payment
HK$8,510

Limited Time Offer! Customers enter referral code "MSFN22" to successfully apply and drawdown Fubon “EZ Cash” Personal Loan can get up to HK$2,000 Supermarket Cash Voucher + Apply and draw down the loan via our online platform or Fubon GO Mobile App (“Fubon GO”) to enjoy supermarket cash coupon of HK$300 + Extra HK$1,200 Supermarket Voucher or Apple Gift Card from MoneySmart when your application approved successfully!

Valid until 31 Oct 2022 - See more details below
Apply Now
BOC 中國銀行 logo

Monthly Payment

HK$8,957

Monthly Payment
Loan amount up to $2,000,000
APR*
16.61%
Total Amount Payable
HK$107,486.80
Total Interest Payable
HK$7,486.80
Monthly Payment
HK$8,957
Apply Now
交通銀行 logo

Monthly Payment

HK$8,612

Monthly Payment
up to HK$4,500 Credit Rebate
APR*
6.35%
Total Amount Payable
HK$102,340
Total Interest Payable
HK$2,340
Monthly Payment
HK$8,612
Read More

Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. For any discrepancy in product information, please refer to the financial institution’s website for the most updated version. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.

Best Bank Loan Interest Rate 2022

Bank Loan APRFeature
Citi Speedy Cash1.78%Repayment term up to 60 months
DBS Personal Instalment Loan1.56%1 minute approval
BEA "Super-Fast" Instalment Loan2.91%Cash disbursement in a day
Standard Chartered Personal Instalment Loan1.98%Enjoy up to HK$2,000 cash rebate
Credit Mastermind Instalment Loan4.70%Save interest up to 86%
Fubon Balance Transfer Personal Loan8.50%Repayment term up to 72 months

Apply For Quick Banks Loan Online

Most banks in Hong Kong, including HSBC, The Bank of East Asia, Standard Chartered Bank, Bank of China, Dah Sing Bank, and Bank of Communications can process online loan applications fairly quickly. Applicants can submit the required documents online via the official bank's website. If the applicant is also an account holder of the bank, he/she can be exempted from submitting some supporting documents and they may not be required to show up at all during the entire application process. The loan can be approved as fast as in 1 minute, and the fund can be disbursed on the same day.

Personal Loans Eligibility

Applicants must be at least 18 years old. But even if you are 18 years old, you may not be eligible to apply for some loans. It is important to understand that different banks have different sets of requirements. Applicants are advised to check with an individual bank for its specific requirements before applying. For example, Standard Chartered Bank requires personal loan applicants to be at least 20 years old. Applicants are also required to submit a copy of Hong Kong ID card/passport (for non permanent ID card holders) and proof of current residential address for the last 3 months. In addition, banks generally require applicants to submit pay slips. If these are not available, you may be required to provide bank statements or proof of MPF contribution for the last 3 months.

What are bank loans?

Bank loans are loans provided by banks, and there are various types of bank loans available in Hong Kong, including person installment loans, balance transfer plans and revolving loans for different debt management purposes. Some are designed to provide applicants with speedy cash to overcome their immediate financial problems while others are designed to pay off card debt. The repayment period is up to 72 months.
Some people prefer loans from banks over money lenders, as banks offer lower interest rates and are more reliable. Citibank, Standard chartered Bank and DBS are all popular bank loan choices in Hong Kong.

Types of Bank Loans in Hong Kong

Banks offer different types of bank loans for different purposes. Below is a summary of the most common bank loans:

Fixed instalment loan

Personal loans can be used for many purposes e.g. settle large expenses in life.

Debt Consolidation Loans

Consolidate all your high-interest debts into one loan including credit card debts.

Revolving loan

There is no fixed repayment period or monthly repayment amount while the interest rate is higher than the fixed instalment loan. It is best for paying off credit card debts or extra cash.

Tax loan

The interest rate is lower than that of ordinary personal instalment loans. Applicants can use some of it to pay tax and enjoy extra cash to ease the financial burden.

background image

Best Bank Loans 2021

Are you planning to apply for personal loans to ease your financial burden? Why not have a read around these articles below to find the personal loan that suits your needs the most?

Bank Loan FAQ

How can I get a quick loan from banks?

Many banks accept online applications. If you want to get the loan quickly, you can apply for HSBC Personal Instalment Loan characterized by fast approval and cash withdrawal in 1 minute. You can also check out this article on Best quick loans in Hong Kong.

Can domestic helpers apply for loans?

Some lenders provide loans specially designed for domestic helpers e.g. UA Finance Overseas Workers Loans. It features its flexibility in the loan amount, interest rate and repayment terms.

What is the minimum salary to get a personal loan?

Different banks have different sets of requirements. For example, HSBC Personal Instalment Loan requires applicants to have a monthly income of at least HK$5,000 while Citibank requires loan applicants to have a monthly income of at least HK$6,000.

Is it better to get a loan from a bank?

Banks usually offer a lower interest rate but it also comes with stricter requirements e.g. require more supporting documents and a good credit score.

What is the disadvantage of a loan?

The answer depends on your situation. If you have an urgent need for some extra cash and don’t have any assets, but own a credit card, then a personal loan is recommended. This is because withdrawing cash from your credit card is far more expensive than the interest rate of a personal loan. But it is important not to borrow money if you can’t afford it and you must not over-borrow because you may end up spending it unwisely.