https://sp.hsbc.com.my/10k?WABFormEntryComm...YH_PWS_MAIN_10K

T&C

Thanks.

Looks confusing. But here's what I got:

Eligible Cardholders must have an active deposit account, either a sole / joint savings or current
account with HSBC or any other banking institutions licensed by Bank Negara Malaysia. The minimum
amount for each CIP application is RM1,000 (“Minimum Prescribed Amount”) and the CIP Amount
approved should not exceed 60% or RM10,000 of the newly approved credit limit of the Eligible
Cardholder’s HSBC credit card account (“HSBC Credit Card Account”), whichever is lower. The eligible
amount for the CIP, is subject to the approved Credit Limit of the Eligible Cardholder’s HSBC Credit
Card account.

vi. Eligible Cardholders who apply for a 2nd primary HSBC Credit Card/-i and the CIP offer under this
Promotion will be charged a one-time CIP interest/management fee of 2% from the total CIP amount
taken if they

The only catch I can think of is, no early settlement without a fee. Resulting I can't cancel the cc for free after 1 year if they charge annual fee.

But regulars here mention annual fee is easily waivable.

Ah, I see. Thanks for the input. I forgot about the AF.

i received called from hsbc, they said can increase my credit limit and ask me if i interested with this installment plan.... AND i do not have any saving account with HSBC...so i think its for new/old customer who have/ do nt have saving account....

what hsbc get by offering this free interest installment plan~~

I kinda want it too. Free money wo...

1) customer retention
2) hope you DON'T pay on time

This post has been edited by adele123: Aug 10 2016, 03:06 PM

if you owns HSBC card and did a BT to the card, please DO NOT use it during the whole tenure of the BT.

Previously I read if you paid within the day what you spent, there should be no finance charges. After I tried, I found that I am still being charged finance charges for the retail transactions I have done and paid on the same day using instant transfer (luckily my Instant Funds transfers were free).

Great confirmation, thanks, hope the interest is a small one

To attract more customers.

I may skip. I don't want to open an account with HSBC.

Anyone going for this promo, let us know the process.

you don't have to open hsbc account. Any savings account with any banks with malaysia will do. try re-read the t&c again.

Anyway, i found the catch. they only give away 6280 of this 0% installment. not unlimited.

Meaning if you take RM10K cip then only 6280 is 0% interest free is it?

Typo...lah is 6780 Not 6280
NO, what I mean here 6780 Quota Units /Applicants/ ppl can enrol to this Promo Rm10,000 0% Interest Free Cash Installment Plan...

This post has been edited by fly126: Aug 11 2016, 10:30 AM

I think what he meant is only 6280 quota for this promotion. Not RM6780 of the RM10000 is interest free.

Max. Quota: 6780 Units /Applicants

Ah, ok. I missed that.

I think the quota is still be ok if apply now.

hi sifus, i received my HSBC card via mail today.. however, i applied for signature, and they came out with platinum.. there is no benefits for me for plat, as i have other banks CC already.. need signature for the PPL...

having said so, can i choose not to activate the card, and just leave it as it is? or do i need to call the bank to cancel this card as well, despite not activated yet?

U must call to cancel the card if u don't want to hold it

May I know what if I'm the applicants no. 6785 with the CIP, then I will be charge with usual 6.88% management fees?

We don't even know which applicants we are.

Can we cancel the CIP if we are being charge with the management fees?

This post has been edited by JonnY: Aug 15 2016, 02:28 PM

Call & Ask their CS before you decide to Enrol

Eh guys, saw there's a 250 11street free e-voucher when apply HSBC cards..just want to know did anyone apply from here before? Any catch?

Source: https://ringgitplus.com/en/credit-card/HSBC/