Great News, we have reduced our rate.
We've lowered our rate to 3.1% APR representative for loans between £7,000 and £15,000.
Please note this rate is available until 9 November 2021.
Whether you’re buying a new or used vehicle, our car loan could get you on the road to owning it outright, with monthly repayments at a highly competitive rate.
Step 1: Use the car loan calculator to work out how much it could cost you.
Step 2: If you decide to apply, follow the instructions below and you could get an instant decision if you’re an existing HSBC customer.
Personal Loan calculator
Use the sliders to adjust how much you’d like to borrow and over how many months.
You might be able to reduce your monthly repayments, and total amount payable by slightly adjusting the amount you borrow.
dpws-tools-calculator-creator
APR (annual percentage rate) varies according to the size of the loan. The amount you want to borrow might be close to one of the points where the APR changes. See full details of our Personal Loan interest rates (PDF, 29KB).
Features and benefits
Quick access to funds
Existing HSBC current account customers could receive the money instantly once the application has been approved. Non-HSBC current account customers could receive the money into a nominated account 3 working days after the signed loan agreement is received.
Make overpayments free of charge
Make overpayments, or settle in full, at any time without penalty. This may reduce the amount of interest you pay and there won’t be hidden extras or nasty surprises.
Borrow from £1,000 to £25,000
Spread your repayments over 1 to 5 years for loans of £15,000 or less, or up to 8 years for loans over £15,000.
3.1% APR* representative
For loans between £7,000 and £15,000. Now also available to non-HSBC current account customers.
*The rate is subject to change and the representative APR may not be the rate you'll receive. We'll offer you a rate based on our assessment of your personal financial circumstances. The maximum APR you could be offered is 21.9%.
The APR may vary based on amount borrowed. Please use the calculator or the loans interest rate table (PDF, 57KB) for more details.
Apply for a Personal Loan
Please ensure you read the important information in the 'Things you should know' section before applying.
HSBC customers
Please log on to your account for the quickest and easiest way to apply.
New to HSBC
Get a Personalised Loan Quote to see the interest rate you may be offered.
Apply in the mobile app
If you're registered for mobile banking, have downloaded the app and have an HSBC current account, you can apply within the app in just a few clicks.
You might also be interested in
Ways to borrow
Take a look at your options so you can find the one that suits you.
Select and Cover
Choose your own mix of insurance, including motor breakdown cover.
Purchase Plus Credit Card
An all-round card for balance transfers and purchases.
Overdrafts
Be prepared for life's unexpected costs.