Compare Banks Loans Rates and APR 2024

Compare bank loans in Hong Kong with the lowest interest rates. Find out your personalized loan amount, APR, and repayment period. Read More
200,000 personal loan Paid over 24 months
HK$
We found 25 Personal Loans for you!
DBS Debt Consolidation Loan

Monthly Payment

HK$8,713

Monthly Payment
MoneySmart Exclusive
Loan amount up to HK$2,000,000
APR*
6.49%
Total Amount Payable
HK$209,120
Total Interest Payable
HK$9,120
Monthly Payment
HK$8,713

【💰Take a step to building your wealth by consolidating your debts today! 】
New customers who successfully apply and drawdown DBS Debt Consolidation Loan via MoneySmart can get up to HK$23,800 rewards + Extra up to HK$8,200 PARKnSHOP Supermarket Cash Voucher/ Apple Store Gift Card! Get up to a total HK$32,000 reward!



【⚽ ️Score & Savour】Earn HK$500 Deliveroo Gift Card during Football Frenzy!
From now until 30 June, apply for DBS Debt Consolidation Loan via MoneySmart and submit the required documents, you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.

Valid until 30 Jun 2024 - See more details below
Apply Now
Citi Speedy Cash Loan

Monthly Payment

HK$8,493

Monthly Payment
MoneySmart Exclusive
APR*
1.78%
Total Amount Payable
HK$203,840
Total Interest Payable
HK$3,840
Monthly Payment
HK$8,493

【Citi Loan rewards you with rewards as high as $15,999!】
New customer who successfully apply for Citi Speedy Cash Loan/Citi Card Debt Consolidation Loan on or before 30 June 2024 and successfully draw down on or before 31 July 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 APPLE iPad Pro 11"256 GB (retail value HK$7,999) /APPLE iPad Air 13"128 GB(retail value HK$6,299)/ B&O Beoplay HX Gold Tone Earbuds (retail value: HK$4,998) / Dyson Solarcycle Morph Desk Light (retail value: HK$4,980) / GoPro HERO 11 Black Creator Edition (retail value: HK$4,400)/ PHILIPS RO Water Dispenser ADD6910/90  ($2,788)

Valid until 30 Jun 2024 - See more details below
Apply Now
DBS Personal Instalment Loan

Monthly Payment

HK$8,733

Monthly Payment
MoneySmart Exclusive
Instant cash out single-handedly
APR as low as*
5.91%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733

【🔝Offer Upgrade!】New customers who successfully apply and drawdown DBS Personal Instalment Loan via MoneySmart can get up to HK$12,000 rewards + Extra up to HK$7,200 PARKnSHOP Supermarket Voucher/ Apple Store Gift Card! Get up to a total HK$19,200 reward!



【⚽ ️Score & Savour】Earn HK$500 Deliveroo Gift Card during Football Frenzy!
From now until 30 June, apply for DBS Personal Loan via MoneySmart and submit the required documents, you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.

Valid until 30 Jun 2024 - See more details below
Apply Now
CNCBI $mart Plus Personal Instalment Loan

Monthly Payment

HK$8,502

Monthly Payment
MoneySmart Exclusive
APR*
1.9%
Total Amount Payable
HK$200,048
Total Interest Payable
HK$48
Monthly Payment
HK$8,502

【CITIC Bank x MoneySmart Exclusive Offer 】- Get total reward up to HK$4,599!
Customers successfully apply for CNCBI $mart Plus Personal 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 ! New gift options include but not limited to AirPods Max / Apple HomePod/ CMF by Nothing Watch Pro/ Bose QuietComfort® 45 Headphones!



【⚽ ️Score & Savour】Earn HK$500 Deliveroo Gift Card during Football Frenzy!
From now until 30 June, apply for CNCBI $mart Plus Personal Instalment Loan / CNCBI $mart Plus Personal Instalment Loan - Debt Consolidate via MoneySmart, you can earn an extra HK$500 Deliveroo Gift Card regardless of approval! Score big on taste and excitement as you savor every electrifying moment of the game🍔🔥! T&Cs apply.

Valid until 30 Jun 2024 - See more details below
Apply Now
CCBA Personal Loan

Monthly Payment

HK$8,913

Monthly Payment
MoneySmart Exclusive
Loan amount up to HK$3,000,000
APR as low as*
1.85%
Total Amount Payable
HK$213,920
Total Interest Payable
HK$13,920
Monthly Payment
HK$8,913

【Exclusive offer】From now until 24 June 2024, successful applicants for CCB Asia Personal Instalment Loan, can enjoy up to HK$11,500 cash rewards (including up to HK$1,500 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$2,000 Apple Store Gift Card or HK$2,000 PARKnSHOP Supermarket Voucher from MoneySmart)! 

Valid until 24 Jun 2024 - See more details below
Apply Now
Standard Chartered Personal Instalment Loan

Monthly Payment

HK$8,873

Monthly Payment
MoneySmart Exclusive
APR*
6.28%
Total Amount Payable
HK$212,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$8,873

【MoneySmart Exclusive Offer 】- Get total reward up to HK$16,450! From now on until 30 June 2024, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to SAMSUNG Galaxy S24 Ultra (S9280) - 256GB  (value: $8,450) or HK$7,800 PARKnSHOP supermarket voucher or HK$7,800 Apple Store Gift Card.

Valid until 30 Jun 2024 - See more details below
Apply Now
CCBA Balance Transfer Loan Program

Monthly Payment

HK$8,773

Monthly Payment
MoneySmart Exclusive
Monthly flat rate as low as 0.22%
APR as low as*
4.95%
Total Amount Payable
HK$210,560
Total Interest Payable
HK$10,560
Monthly Payment
HK$8,773

【Exclusive offer】From now until 24 June, 2024, successful applicants for CCB (ASIA) Balance Transfer Program, can enjoy up to HK$18,000 cash rewards (including HK$500 cash rebate for Online Application Offer and up to HK$14,500 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!

Valid until 24 Jun 2024 - See more details below
Apply Now
Standard Chartered Debt Consolidation Program

Monthly Payment

HK$8,736

Monthly Payment
MoneySmart Exclusive
APR*
4.67%
Total Amount Payable
HK$209,672
Total Interest Payable
HK$9,672
Monthly Payment
HK$8,736

【MoneySmart Exclusive Offer】- Get total reward up to HK$29,450! Get loan to enjoy a monthly flat rate as low as 0.2%^
From now on until 30 June 2024, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to SAMSUNG Galaxy S24 Ultra (S9280) - 256GB  (value: $8,450) or HK$7,800 PARKnSHOP supermarket voucher or HK$7,800 Apple Store Gift Card.

Valid until 30 Jun 2024 - See more details below
Apply Now
WeLab Bank Personal Instalment Loan

Monthly Payment

HK$8,493

Monthly Payment
Bank Promo
APR*
1.68%
Total Amount Payable
HK$203,840
Total Interest Payable
HK$3,840
Monthly Payment
HK$8,493
Bank Promo:
From now on till 30 June 2024, 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 30 Jun 2024 - See more details below
Apply Now
Citibank Card Debt Consolidation Loans

Monthly Payment

HK$9,173

Monthly Payment
MoneySmart Exclusive
APR*
9.75%
Total Amount Payable
HK$220,160
Total Interest Payable
HK$20,160
Monthly Payment
HK$9,173

【Citi Loan rewards you with rewards as high as $15,999!】
New customer who successfully apply for Citi Speedy Cash Loan/Citi Card Debt Consolidation Loan on or before 30 June 2024 and successfully draw down on or before 31 July 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 APPLE iPad Pro 11"256 GB (retail value HK$7,999) /APPLE iPad Air 13"128 GB(retail value HK$6,299)/ B&O Beoplay HX Gold Tone Earbuds (retail value: HK$4,998) / Dyson Solarcycle Morph Desk Light (retail value: HK$4,980) / GoPro HERO 11 Black Creator Edition (retail value: HK$4,400)/ PHILIPS RO Water Dispenser ADD6910/90  ($2,788)

Valid until 30 Jun 2024 - See more details below
Apply Now
Fubon Perfect Fit Personal Loan

Monthly Payment

HK$9,046

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR as low as*
2.38%
Total Amount Payable
HK$217,092.80
Total Interest Payable
HK$17,092.80
Monthly Payment
HK$9,046

【MoneySmart Exclusive Offer - Total rewards up to $15,988!】
From now until 30 June 2024, customers apply Fubon Perfect Fit Personal Loan and successfully draw down the loan, via MoneySmart promocode 「MSRL05」 can enjoy a MoneySmart exclusive reward as high as SAMSUNG Galaxy Tab S9 (12GB RAM + 256GB) - 11" (retail value: HK$7,188) / HK$6,000 Apple Store Gift Card / PARKnSHOP vouchers. Total reward up to HK$15,988!

Valid until 30 Jun 2024 - See more details below
Apply Now
Fubon "EZ Cash" Personal Loan

Monthly Payment

HK$9,046

Monthly Payment
APR* (Calculation is based on loan amount of HK$180,000 or above)
4.08%
Total Amount Payable
HK$217,092.80
Total Interest Payable
HK$17,092.80
Monthly Payment
HK$9,046
Apply Now
WeLab Bank Card Debt Consolidation Loan

Monthly Payment

HK$8,693

Monthly Payment
MoneySmart Exclusive
APR*
4.11%
Total Amount Payable
HK$208,640
Total Interest Payable
HK$8,640
Monthly Payment
HK$8,693

[May Loan Promotion - Real Cash!]
From now on till 30 Jun 2024, 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 80,000 SmartPoints, you can customise your PERFECT REWARDS worth of HK$8,000 with 20+ brand vouchers and products (Brands include but not limit to Apple, Klook, YATA etc) 80,000 SmartPoints can be converted into over HK$5,300 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$21,888 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 30 Jun 2024 - See more details below
Apply Now
Hang Seng Debt Consolidation Instalment Loan

Monthly Payment

HK$8,733

Monthly Payment
APR*
6.68%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733
Read More
BOC Express Cash Instalment Loan Balance Transfer

Monthly Payment

HK$9,173

Monthly Payment
Up to HK$23,988 Cash Rebate
APR*
10.01%
Total Amount Payable
HK$216,152
Total Interest Payable
HK$16,152
Monthly Payment
HK$9,173
Read More
Fubon Balance Transfer Personal Loan

Monthly Payment

HK$9,275

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR as low as*
3.88%
Total Amount Payable
HK$222,593.60
Total Interest Payable
HK$22,593.60
Monthly Payment
HK$9,275

MoneySmart Exclusive Offer - Total rewards up to $25,988!】
From now until 30 June 2024, customers apply Fubon Balance Transfer Personal Loan and successfully draw down the loan, can enjoy a MoneySmart exclusive reward as high as SAMSUNG Galaxy Tab S9 (12GB RAM + 256GB) - 11" (retail value: HK$7,188)  / HK$6,000 Apple Store Gift Card / PARKnSHOP vouchers. Total reward up to HK$25,988!

Valid until 30 Jun 2024 - See more details below
Apply Now
BOC Express Cash Instalment Loan - Tax Season Loan

Monthly Payment

HK$8,778

Monthly Payment
APR as low as 1.78%*
APR*
1.78%
Total Amount Payable
HK$210,670.40
Total Interest Payable
HK$10,670.40
Monthly Payment
HK$8,778
Read More
Airstar Bank Debt Consolidation Loan

Monthly Payment

HK$8,593

Monthly Payment
APR*
2.99%
Total Amount Payable
HK$206,240
Total Interest Payable
HK$6,240
Monthly Payment
HK$8,593
Read More
HSBC Personal Instalment Loan

Monthly Payment

HK$9,113

Monthly Payment
APR
1.88%*
Total Amount Payable
HK$218,720
Total Interest Payable
HK$18,720
Monthly Payment
HK$9,113
Read More
Airstar Bank Personal Loan

Monthly Payment

HK$8,593

Monthly Payment
APR*
1.58%
Total Amount Payable
HK$206,240
Total Interest Payable
HK$6,240
Monthly Payment
HK$8,593
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.