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Personal Loans

Receive funds as soon as today with an HSBC Personal Loan.

Existing HSBC Customer

  • Fixed rates as low as 5.99% APR1

  • Loan amounts from $3,000 - $50,0001

  • Loan terms from 2 to 5 years4

If approved, your money can be deposited into your HSBC account immediately, or into a non-HSBC account within three business days.

If applying in a branch an Official Check can be provided.

Calculate your monthly payments

See what your monthly payments could be by adjusting the amount you want to borrow, and the repayment term that’s right for you.

Personal loan calculator This link will open in a new window

Benefits of an HSBC Personal Loan

  • Checking your rates and terms can take as few as 5 minutes without impacting your credit score

  • Fixed monthly payments

  • No payment due within the first 50 days from account opening

  • No Origination Fees

  • No fee if you payoff early

  • No Annual Fee

Here's what your lower monthly payments could look like:

This image shows a comparison between the separate payments made on two separate high-interest credit cards verses the single payments made on an HSBC Personal Loan. High-interest credit card Number 1 has a balance of $10,000, APR of 18.99%, Monthly Payment of $366.00, and total interest paid over a thirty-six month period of $3,194.00. High-interest credit card Number 2 has a balance of $10,000, APR of 15.99%, Monthly Payment of $351.00, and total interest paid over a thirty-six month period of $2,654. The separate payments on the credit cards are compared to a combined single payment on an HSBC Personal Loan. The HSBC Personal Loan shows a balance of $20,000, APR of 5.99%, Monthly Payment of $610.00, and total interest paid over a thirty-six month period of $1,990. Consolidating the High-interest credit card balances to an HSBC Personal Loan as described would result in a lower total monthly payment by $107.00 and interest savings of $3,858.00 over a thirty-six month period.

How much can I borrow?

HSBC Premier Clients6

$3,000 to $50,000

Available to HSBC Premier and Jade clients

HSBC Advance Customers7

$3,000 to $35,000

Available to HSBC Advance customers

All HSBC Customers

$3,000 to $30,000

Available to all existing HSBC Customers who do not hold an HSBC Premier or Advance Account

Eligibility

Who can apply for a Personal Loan?

  • The HSBC Personal Loan is available to all existing HSBC customers2
  • You must be 18 years of age or older3

What I may need to provide for a Personal Loan application

  • Proof of U.S. residential address
  • Proof of income

Apply for an HSBC Personal Loan

Important Service Announcement

Effective May 26, 2021

Last year, we at HSBC Bank USA, N.A. (“HSBC” or “the Bank”) set out on a journey to be able to better cater to our clients’ needs globally and from a wealth management perspective. You may have seen a recent announcement from us about the next phase of this plan. As a result of this new focus for HSBC, we are streamlining parts of the Bank. This decision was not made lightly, but is necessary for us to best position the Bank for the future. As part of this, some of our branches, clients, and employees will be transitioned to another financial institution in the coming months. 
 

What this means for you

If you are:

  • An existing HSBC customer who is opening a new deposit account or applying for unsecured credit, and you have been notified that you’re being transitioned; or
  • A new HSBC customer who is applying for unsecured credit or opening any other deposit account than an HSBC Premier checking, savings or credit card account; or
  • A new or existing HSBC Retail Business Banking customer who is opening a new deposit account or applying for credit, then*

    * Any HSBC account(s) opened or applied for today will be transitioned to a new financial institution in the near future.
     
  • If you are interested in insurance or investments, please contact an HSBC Securities (USA) Financial Consultant. 

 

More details and FAQs can be found at us.hsbc.com/GoingForward

Existing customers may apply online or in a branch.

Log on to apply

How it works

What is an HSBC Personal Loan? 

What can I use an HSBC Personal Loan for? 

Is there an Annual Fee? 

How quickly will I get my money? 

Will my credit score be impacted? 

When is my first payment due? 

More borrowing options

HSBC Credit Cards

 

Choose from HSBC Mastercard® Credit Cards that offer cash back, rewards, bonus points, 0% Introductory APR, and more.

Home Equity Line of Credit

 

Turn your home’s equity into a source of cash for home improvements, debt consolidation, or other major expenses.

Mortgage Refinancing

 

Improve your monthly cash flow by refinancing your mortgage8 to lower payments, enjoy an early payoff, lock in a rate, or to access equity for expenses.

1 Personal loan products are offered in the U.S. by HSBC Bank USA, N.A and are subject to credit approval. 5.99% is the lowest available APR and assumes excellent credit and a loan term of 36 months or less. The APR on your Personal Loan may be higher and will be based on your credit history, among other factors. Loans above $30,000 require a U.S. HSBC Advance and Premier banking relationship. Borrowers must continue to meet the criteria used to select the Borrower for this offer and must satisfy pre-determined underwriting criteria. Programs are subject to change. Eligibility is subject to geographic, relationship, and other restrictions and conditions. Repayment term restrictions may apply.

2 Loans are not available to residents of Wisconsin or any U.S. territories.

3 Consumers must be at least 18 years of age to apply. Residents of Nebraska and Alabama must be at least 19 years of age.

4 Interest and monthly payment savings is an estimate for illustration purposes only. Credit card Monthly Payment and Interest Paid are based on equal payments for 3 years. For example, a $20,000 HSBC Personal Loan with a 3-year term and a 6.99% APR has a required monthly payment of $620, assuming on-time payments. The APR on your HSBC Personal Loan could be higher based on your credit history. Repayment term restrictions may apply.

5 If you are using this loan to repay existing debts, before you apply, we encourage you to carefully consider whether consolidating your existing debt is the right choice for you.  

6 To qualify for an HSBC Premier relationship, you need to open an HSBC Premier checking account and maintain balances of $75,000 in combined U.S. Dollar personal deposit accounts and investment‡ balances OR recurring direct deposits totaling at least $5,000 from a third party to an HSBC Premier checking account(s) per calendar month OR an HSBC U.S. residential mortgage loan with an original loan amount of at least $500,000. Business owners may use their qualifying HSBC U.S. Dollar commercial balances to qualify for a personal Premier relationship. A monthly maintenance fee of $50 will be incurred if one of these requirements is not maintained. 

7 To qualify for an HSBC Advance relationship, you need to open an HSBC Advance checking account and maintain balances of $5,000 in combined U.S. consumer and qualifying commercial U.S. Dollar deposit and investment‡ accounts OR a monthly recurring direct deposit from a third party to an HSBC Advance checking account OR an HSBC U.S. residential mortgage loan. Home Equity products are not included. A monthly maintenance fee of $25 will be incurred if one of these requirements is not maintained.

8 If you are a service member on active duty looking to refinance your mortgage loan, please consult your legal advisor regarding whether your existing mortgage loan is eligible for benefits under the Servicemembers Civil Relief Act and how a refinance may impact those benefits.  

‡ Investments and certain insurance products, including annuities, are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. HSI and HSBC Insurance Agency (USA) Inc. (HIA) offer Insurance products. In California, HSBC does business as HSBC Securities Insurance Services, License # OE67746. HIA California License #: OD36843. Investment and Insurance Products: Not FDIC Insured | Not Insured by the Federal Government or any Federal Government Agency | Not a Deposit or other obligation of, or guaranteed by, The Bank or any Affiliate of the Bank | Subject to Investment Risk, including loss of Principal Invested. 

HSBC and its affiliates do not provide tax or legal advice. All decisions regarding tax implications of your Investments should be made in consultation with your independent tax advisor. 

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for property located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be canceled or are subject to change at any time and cannot be combined with any other offer or discount.  

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

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