Spending Instalment

Terms and conditions apply.

Settle credit card spending at ease by instalment

No matter if it's a relaxation trip or the hottest gadget, spend with Hang Seng credit card and you can apply Spending Instalment to settle the card transactions by instalment afterward. More enjoyment in shopping, and more financial flexibility.

Features

Only for selected customers not holding instalment plan1,7

Combined eligible spending and online bill payment (as low as HKD800)2

Instant approval and instalment3

$0 handling fee waiver for 3-month instalment View details

3, 6 or 12 months repayment period

Available till 24 November 2024

Example

Graduation trip

Ms. So went to graduation trip with friends and she used her credit card for all spendings around HKD 5,000. She decided to apply a 6-month instalment and only need to pay an one-off handling fee of HKD50 for the first month.

Monthly repayment6 for Ms. So

1st Month:

= (Instalment amount ÷ Repayment period) + One-off handling fee

= (HKD 5,000 ÷ 6) + HKD 50

= HKD 883.4

 

2nd - 6th Month:

= (Instalment amount ÷ Repayment period)

= (HKD 5,000 ÷ 6)

= HKD 833.4

Related information

One-off Handling Fee Plan

Features

All selected customers can apply with every statement7

Combined eligible spending and online bill payment (as low as HKD800)2

Instant approval and instalment3

Personalised monthly handling fee as low as 0.18%5

3 to 60 months flexible repayment period

Available till 24 November 2024

Example

Paying insurance bill by instalment

Mr. Wong settled an insurance bill worth HKD 28,000 via e-Banking with his Hang Seng credit card, but he does not want to settle the card balance in one go. He decided to apply Spending Instalment to settle the card transaction by 36-month instalment with personalised monthly handling fee 0.18%5.

Monthly repayment6 for Mr. Wong

= (Instalment amount ÷ Repayment period) + Monthly handling fee

= (HKD 28,000 ÷ 36) + (HKD28,000 x 0.18%)

= HKD 828.2

Related information

Monthly Handling Fee Plan

Choosing Monthly or One-off Handling Fee Plan? 1

Our intelligent system will recommend the most suitable plan and offer for you
After logging on to Personal e-Banking, we will recommend the most suitable instalment plan for you, according to your available instalment plan options and personalised offers.

Frequently asked questions

You can view the Pre-payment Fee Q&A and Examples for Hang Seng Credit Card Spending Instalment Plan.

Related product

Cash Instalment

Cash out your credit limit from credit card to your account, and repay monthly based on your preferred payment period.

Useful tools

How to apply?

Monthly / One-off Handling Fee Plan

Application hotline

Footnote

Other point(s) to note

  1. If you fail to make full repayment of the statement balance specified in your credit card account statement on or before the payment due date of each month, you shall pay a finance charge and other charges on any monthly instalment amount due but unpaid at the prevailing interest rate applicable to your credit card account from the post date of such monthly instalment.
  2. You can view and download:

Remark(s)

  1. Not holding instalment plan refers to Cardmember who has not successfully applied / held any Hang Seng Credit Card Spending Instalment – Personalised Monthly Handling Fee Plan / Spending Instalment – One-off Handling Fee Plan / Spending Instalment – One-off Handling Fee Plan for Online Tax Payment/ Cash Instalment Plan / Balance Transfer Plan from 1 September 2023 to 31 August 2024.
  2. Spending Instalment – Personalised Monthly Handling Fee Plan and Spending Instalment – One-off Handling Fee Plan includes local and overseas payment made at physical and online stores or online bill payment. For details for the designated spending categories, please refer to the related Terms and Conditions.
  3. Please apply prior to the credit card statement due date, referring to the required time for approval and transferal.
  4. For Hang Seng Website, Hang Seng Personal Banking Mobile App or Hotline applications, minimum instalment application amount is from HKD 800 and 3-months.
  5. The 0.18% monthly handling fee is applicable to selected customers and designated instalment amount, and is for reference only. The handling fee is to be determined by Hang Seng from time to time for individual promotion. The annualised percentage rate (APR) of 0.18% monthly handling fee are as follows: 3.29% for 3 months, 3.76%for 6 months, 4.04% for 12 months, 4.18% for 24 months, 4.20% for 36 months, 4.20% for 48 months, 4.19% for 60 months. The APR is calculated based on the requirement of the Code of Banking Practice. APR is a reference rate which expresses the fees and charges of respective product as an annualised rate. Please log on to Hang Seng Personal e-Banking or call (852) 2998 6868 to check your personalised handling fee.
  6. The above example is for reference only, for the actual monthly repayment amount, please refer to monthly statement.
  7. Only selected customers can apply Spending Instalment. Customers can log on to Hang Seng Personal e-Banking to check the Spending Instalment Application form or call (852) 2998 6868 to check if qualified. For details, please refer to respective Terms & Conditions clause 1.

To borrow or not to borrow? Borrow only if you can repay!