Compare Banks Loans Rates and APR 2023

Compare bank loans in Hong Kong with the lowest interest rates. Find out your personalized loan amount, APR, and repayment period. Read More
300,000 personal loan Paid over 24 months
HK$
We found 26 Personal Loans for you!
Citibank logo

Monthly Payment

HK$12,740

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
1.78%
Total Amount Payable
HK$305,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$12,740

【Citi Tax Season Loan rewards you with rewards as high as $15,880!】
New customer who successfully apply for Citi Tax Season Loan/Citi Card Debt Consolidation Loan on or before 2 January 2024 and successfully draw down on or before 15 January 2024 would be eligible for MoneySmart exclusive gift  up to HK$7,500 Apple Store Gift Card/ PARKnSHOP supermarket vouchers!
Popular physical gift options include Dyson Purifier Big+Quiet Formaldehyde BP03 (retail value HK$7,880) / Dyson V12 Detect™ Slim Fluffy vacuum (retail value: HK$5,180) / GoPro MAX Action Camcorder (retail value: HK$4,100) / Apple Watch Series 9 (GPS) - 45mm (retail value: HK$3,399) / Bose Soundlink Revolve+ II Bluetooth Speaker (retail value: HK$2,699)



💎From Good to Great: Earn HK$600 with Your Tax Loan Application】 From now until 31 December, apply for Citi Tax Season Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 02 Jan 2024 - See more details below
Apply Now
DBS logo

Monthly Payment

HK$13,040

Monthly Payment
MoneySmart Exclusive
Instant cash out single-handedly
APR as low as*
2.2%
Total Amount Payable
HK$312,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$13,040

New customers who successfully apply and drawdown DBS Personal Instalment Loan via MoneySmart can get up to HK$8,000 rewards + Extra up to HK$10,000 PARKnSHOP Supermarket Voucher/ Apple Store Gift Card! Get up to a total HK$18,000 reward! APR is as low as 2.2%!

Valid until 31 Dec 2023 - See more details below
Apply Now
China Construction Bank(Asia) logo

Monthly Payment

HK$13,400

Monthly Payment
MoneySmart Exclusive
Loan amount up to HK$3,000,000
APR as low as*
1.85%
Total Amount Payable
HK$321,600
Total Interest Payable
HK$21,600
Monthly Payment
HK$13,400

【Exclusive offer】From now until 24 December, successful applicants for CCB Asia Personal Instalment Loan, can enjoy up to HK$11,500 cash rewards (including HK$500 cash rebate for Online Application Offer and up to HK$8,000 cash rate for Drawdown Loan Offer from CCB Asia, and up to HK$3,000 Apple Store Gift Card or HK$3,000 PARKnSHOP Supermarket Voucher from MoneySmart)!



[Application Rewards] From now to 24 December 2023, customers who successfully apply for designated CCB(ASIA) product can enjoy extra HK$800 Apple Store Gift Card or HK$800 PARKnSHOP Supermarket Voucher regardless of approval.

Valid until 24 Dec 2023 - See more details below
Apply Now
Standard Chartered logo

Monthly Payment

HK$13,310

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
6.28%
Total Amount Payable
HK$319,440
Total Interest Payable
HK$19,440
Monthly Payment
HK$13,310

【MoneySmart Exclusive Offer 】- Get total reward up to HK$18,400!
From now on until 24 December 2023, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to an iPhone 15 128GB(retail value $6,899) or HK$7,800 PARKnSHOP supermarket voucher or HK$7,800 Apple Store Gift Card.

Enjoy SC bank welcome offer up to HK$8,000 cash rebate + up to HK$2,000 travel coupon, total rewards up to HK$18,400! Online loan application can enter lucky draw of Japan Business Round trip AirTicket! (worth 128,000 Miles^)Total - 10 winners.

💎From Good to Great: Earn HK$600 with Your Tax Loan Application】From now until 31 December, apply for Standard Chartered Debt Consolidation Program - Tax Season Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 24 Dec 2023 - See more details below
Apply Now
DBS logo

Monthly Payment

HK$13,070

Monthly Payment
MoneySmart Exclusive
Loan amount up to HK$2,000,000
APR*
6.48%
Total Amount Payable
HK$313,680
Total Interest Payable
HK$13,680
Monthly Payment
HK$13,070

New customers who successfully apply and drawdown DBS Debt Consolidation Loan via MoneySmart can get up to HK$18,800 rewards + Extra up to HK$8,200 PARKnSHOP Supermarket Cash Voucher/ Apple Store Gift Card! Get up to a total HK$27,000 reward!

Valid until 31 Dec 2023 - See more details below
Apply Now
Fubon Bank logo

Monthly Payment

HK$13,495

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR* (Calculation is based on loan amount of HK$1,500,000 or above)
1.88%
Total Amount Payable
HK$323,875.20
Total Interest Payable
HK$23,875.20
Monthly Payment
HK$13,495

【MoneySmart Exclusive Offer -  Total rewards up to $14,580!】
From now until 31 December 2023, customers apply Fubon Perfect Fit Personal Loan and successfully draw down the loan can enjoy a MoneySmart exclusive reward as high as a Dyson Purifier Hot+Cool™ (retail value: HK$5,780) /HK$5,500 Apple Store Gift Card / HK$5,500 ParknShop vouchers. Total reward up to HK$14,580!

Valid until 31 Dec 2023 - See more details below
Apply Now
WeLab Bank logo

Monthly Payment

HK$12,740

Monthly Payment
MoneySmart Exclusive
APR*
1.68%
Total Amount Payable
HK$305,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$12,740

[Christmas with MoneySmart keeps giving - Dec Loan Promotion - Real Cash!]
From 11 December 2023 till 24 December 2023, successfully draw down the loan using MoneySmart unique code "NLSMRT" could enjoy up to HK$13,888 cash rebate offered by WeLab Bank and MoneySmart exclusive rewards up to 85,000 SmartPoints, you can customise your PERFECT REWARDS worth of HK$8,500 with 20+ brand vouchers and products (Brands include but not limit to Apple, Klook, YATA etc) 85,000 SmartPoints can be converted into over HK$5,600 cash and credited to your FPS account directly! (T&C apply)



Exclusive Interest saving guarantee! Clear your card debts and save HKD 50,000 interest expenses, or get HKD 50,000 cash! Also enjoy up to HK$22,388 rewards!

*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 24 Dec 2023 - See more details below
Apply Now
WeLab Bank logo

Monthly Payment

HK$12,740

Monthly Payment
Bank Promo
APR* (Inclusive of $3,000 cash rebate)
1.28%
Total Amount Payable
HK$305,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$12,740
Bank Promo:
From now on till 31 December 2023, successfully draw down WeLab Bank Personal Instalment Loan using MoneySmart unique code "NLSMRT" could enjoy up to HK$3,000 cash rebate offered by WeLab Bank!

Our team of seasoned experts are here to provide you personal and professional advice, so you can pick the best loan plan with the ultimate ease of mind.
Valid until 31 Dec 2023 - See more details below
Read More
Bank of China logo

Monthly Payment

HK$13,131

Monthly Payment
MoneySmart Exclusive
APR as low as 1.78%*
APR*
1.78%
Total Amount Payable
HK$315,148.80
Total Interest Payable
HK$15,148.80
Monthly Payment
HK$13,131
【Limited Offer】Apply BOC Express Cash – Tax Season Loan via MoneySmart website, with insert reference code “AS”, can enjoy extra HK$100 Cash Rebate. Terms and Conditions applied. Including basic Cash Rebate Offer, you can enjoy up to HK$6,500 Cash Rebate in total!
Valid until 31 Dec 2023 - See more details below
Apply NowApply directly on MoneySmart
Dah Sing Bank logo

Monthly Payment

HK$13,112

Monthly Payment
MoneySmart Exclusive
Monthly flat rate as low as 0.11%
APR
4.83%
Total Amount Payable
HK$307,920
Total Interest Payable
HK$8,094.24
Monthly Payment
HK$13,112

【Welcome Offer Exclusive for MoneySmart Users】From now until 31 December 2023, customers who successfully apply for Credit Mastermind Instalment Loan via MoneySmart and drawdown the loan on or before 31 January 2024 can enjoy up to HK$2,200 Supermarket Voucher or Apple Gift Card!

Valid until 31 Dec 2023 - See more details below
Apply Now
China CITIC Bank International logo

Monthly Payment

HK$12,846

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
1.65%
Total Amount Payable
HK$302,304
Total Interest Payable
HK$2,304
Monthly Payment
HK$12,846

【December CITIC Bank x MoneySmart Exclusive Offer 】- Get total reward up to HK$4,599!
Customers successfully apply for CNCBI $mart Plus Tax Season Loan / CNCBI $mart Plus Personal Instalment Loan - Debt Consolidate via MoneySmart and draw down the designated loan amount could enjoy up to HK$4,000 Apple Store Gift Card / PARKnSHOP Supermarket Voucher/ SHKP Malls Gift Card ! New gift options include but not limited to AirPods Max / Apple HomePod/ JBL Charge 5 Wireless Speaker/ Bose QuietComfort® 45 Headphones!



【🌟MoneySmart December Tax Loan Promotion! Whether approved or not, get 6,000 SmartPoints = $600 cash voucher OR HK$400 cash!】 From now until 31 December 2023, by successfully applying for the CNCBI $mart Plus Tax Season Loan, regardless of approval, you can enjoy an additional 6,000 SmartPoints, which can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more. Terms and conditions apply to this promotion.

Valid until 31 Dec 2023 - See more details below
Apply Now
Airstar Bank logo

Monthly Payment

HK$12,890

Monthly Payment
MoneySmart Exclusive
APR*
2.99%
Total Amount Payable
HK$309,360
Total Interest Payable
HK$9,360
Monthly Payment
HK$12,890

【MoneySmart Limited Offer】From now until 31 December, Successfully apply for and drawdown of Airstar Bank Debt Consolidation Loan, can enjoy up to $22,200 cash rewards exclusively! Including up to HK$5,400 PARKnSHOP Supermarket Voucher/Apple Store Gift Card from MoneySmart and HK$16,800 cash rebate from Airstar Bank!

Valid until 31 Dec 2023 - See more details below
Apply Now
Standard Chartered logo

Monthly Payment

HK$13,105

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$600
APR*
4.67%
Total Amount Payable
HK$314,508
Total Interest Payable
HK$14,508
Monthly Payment
HK$13,105

【MoneySmart Exclusive Offer 】- Get total reward up to HK$31,400! Get loan to enjoy a monthly flat rate as low as 0.2%^
From now on until 24 December 2023, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to an iPhone 15 128GB(retail value $6,899) orHK$7,800 PARKnSHOP supermarket voucher or HK$7,800 Apple Store Gift Card.

Enjoy SC bank welcome offer up to HK$21,000 cash rebate and up to HK$2,000 travel coupon, total rewards up to HK$31,400! Online loan application can enter lucky draw of Japan Business Round trip AirTicket! (worth 128,000 Miles^)  Total – 10 winners



💎From Good to Great: Earn HK$600 with Your Tax Loan Application】From now until 31 December, apply for Standard Chartered Debt Consolidation Program - Tax Season Loan via MoneySmart, you can earn an extra 6,000 SmartPoints regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$400 cash! Click here to learn more.

Valid until 24 Dec 2023 - See more details below
Apply Now
Airstar Bank logo

Monthly Payment

HK$12,890

Monthly Payment
MoneySmart Exclusive
APR*
1.58%
Total Amount Payable
HK$309,360
Total Interest Payable
HK$9,360
Monthly Payment
HK$12,890

【MoneySmart Exclusive】From now untiil 31 December 2023, Successfully apply for Airstar Bank Personal Loan and drawdown with the loan amount of HK$200,000 or above, can enjoy extra HK$500 PARKnSHOP supermarket voucher/ Apple Store gift card from MoneySmart!

Valid until 31 Dec 2023 - See more details below
Apply Now
Fubon Bank logo

Monthly Payment

HK$13,271

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR* (Calculation is based on loan amount of HK$2,000,000 or below)
5.97%
Total Amount Payable
HK$318,511.20
Total Interest Payable
HK$18,511.20
Monthly Payment
HK$13,271

【MoneySmart Exclusive Offer - Total rewards up to $24,080!】
From now until 31 December 2023, customers apply Fubon Balance Transfer Personal Loan and successfully draw down the loan, can enjoy a MoneySmart exclusive reward as high as Dyson Purifier Hot+Cool™ (retail value: HK$5,780) / HK$5,500 Apple Store Gift Card / HK$5,500 ParknShop vouchers. Total reward up to HK$24,080!

Valid until 31 Dec 2023 - See more details below
Apply Now
Citibank logo

Monthly Payment

HK$13,070

Monthly Payment
MoneySmart Exclusive
APR*
6.78%
Total Amount Payable
HK$313,680
Total Interest Payable
HK$13,680
Monthly Payment
HK$13,070

【Citibank offers you with the rewardsas high as $15,880 in Dec!】
New customer who successfully apply for Citi Tax Season Loan/Citi Card Debt Consolidation Loan on or before 2 January 2024 and successfully draw down on or before 15 January 2024 would be eligible for MoneySmart exclusive gift up to HK$7,500 Apple Store Gift Card/ PARKnSHOP supermarket vouchers!
Popular physical gift options include Dyson Purifier Big+Quiet Formaldehyde BP03 (retail value HK$7,880) / Dyson V12 Detect™ Slim Fluffy vacuum (retail value: HK$5,180) / GoPro MAX Action Camcorder (retail value: HK$4,100) / Apple Watch Series 9 (GPS) - 45mm (retail value: HK$3,399) / Bose Soundlink Revolve+ II Bluetooth Speaker (retail value: HK$2,699)

Valid until 02 Jan 2024 - See more details below
Apply Now
Fubon Bank logo

Monthly Payment

HK$13,844

Monthly Payment
MoneySmart Exclusive
APR* (Calculation is based on loan amount of HK$180,000 or above)
2.88%
Total Amount Payable
HK$332,256
Total Interest Payable
HK$32,256
Monthly Payment
HK$13,844

【MoneySmart Exclusive Offer - Total rewards up to HK$3,800!
From now til 31 December 2023, customers apply Fubon "EZ Cash" Personal Loan via MoneySmart and successfully draw down the loan of HK$80,000 or above with tenor 12 months or above, can enjoy exclusive reward: HK$1,500 Apple Store Gift Card / HK$1,500 Supermarket Voucher. Apply and draw down the loan via online platform to get extra supermarket cash coupon of up to HK$2,300. Total rewards up to HK$3,800 !

Valid until 31 Dec 2023 - See more details below
Apply Now
BEA logo

Monthly Payment

HK$13,430

Monthly Payment
APR as low as 2.04%*
APR*
7.22%
Total Amount Payable
HK$322,320
Total Interest Payable
HK$22,320
Monthly Payment
HK$13,430
Read More
HSBC logo

Monthly Payment

HK$13,580

Monthly Payment
Bank Promo
APR
1.68%*
Total Amount Payable
HK$325,920
Total Interest Payable
HK$25,920
Monthly Payment
HK$13,580
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 as low as 1.68% APR and up to $13,888 rewards! (Fulfilled by HSBC)
Valid until 12 Dec 2023 - See more details below
Apply Now
Dah Sing Bank logo

Monthly Payment

HK$12,995

Monthly Payment
MoneySmart Exclusive
Loan disbursement in as quick as 15 minutes
APR (include cash rebate)
2.75%
Total Amount Payable
HK$311,880
Total Interest Payable
HK$11,880
Monthly Payment
HK$12,995

【Welcome Offer Exclusive for MoneySmart Users】From now until 31 December 2023, customers who successfully apply for Express Money via MoneySmart and drawdown the loan on or before 31 January 2023 can get extra HK$300 Supermarket Voucher / Apple Gift Card!

Valid until 31 Dec 2023 - See more details below
Apply Now

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.