Top of main content

Top Up Loan

Borrow more when you need it to help cover whatever life brings your way

Do you need to take out some extra borrowing, and already hold a loan with us? You could apply online to either top up your existing loan, or apply for an additional loan.

Topping up your loan

Existing customers can apply for further lending, and if approved, we'll automatically consolidate your existing loan with the new loan to provide one monthly repayment. The APR of this new loan could be higher than the APR of your existing Personal Loan.

The top up option may increase the total amount payable if your existing debt is repaid over a new extended term. The rate we offer could be higher than the representative APR advertised, and more than your existing loan APR. An approved rate will be subject to a credit check, and the loan amount you request.

Additional loan

Keep your monthly repayments separate by applying for an additional loan to obtain the lending you require. The amount you choose to borrow is dependent on your credit status.

Calculate your additional loan repayments

Use the sliders to adjust how much you'd like to borrow and over how many months.

We may be able to offer you a better rate if you change the amount you want to borrow or the length of time you borrow for. A small change can make a big difference to how much interest you'll pay and the overall cost of the loan. We'll offer you a rate based on our assessment of your personal financial circumstances.

See full details of our Personal Loan interest rates (PDF, 47KB).

This is for your additional loan only. If you're choosing to top up your existing loan, it won't take into account your existing borrowing. You can see this information when you apply through online banking.


Why get a Top Up Loan with us?

  • Borrow from £1,000 to £25,000
    You can either apply for an additional loan meaning you'll have separate loans and separate payments, or you can choose to top up your existing loan, where we consolidate your existing loan into one monthly repayment.
  • Get a quick decision
    As an HSBC current account holder, you could get an instant credit decision.
  • Quick access to funds
    Existing HSBC current account holders can receive their money instantly once the application has been approved and the loan agreement has been signed.
  • Make overpayments free of charge
    Manage your finances the way you want with the flexibility to overpay, which could reduce the amount of interest you have to pay.

Rate information

6.9% APR representative
This rate is available for loans between £7,000 and £15,000.

*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 22.9%.

The APR may vary based on amount borrowed. Please use the calculator or the loans interest rate table (PDF, 47KB) for more details.


Things to know

Who can apply?

You can apply if you:

  • are over 18 and a resident of the UK
  • have an annual UK taxable income or pension, before tax, of £10,000 or more
  • have a bank or building society account with a Direct Debit facility

Not available for customers with a Basic Bank Account.

For joint loan applications, please call us on 03457 404 404. Joint loans are not available online or in the HSBC Mobile Banking app.

Our loans are subject to status.

What you can't use your loan for

We don't offer Personal Loans for a number of purposes including:

  • the purchase of property or land (both UK & Overseas) including holiday homes and apartments
  • purchasing a joint stake in a property or buying out a joint owner
  • mortgage deposit (regardless of lender or country)
  • gifting funds to third parties to support the purchase of a property, including mortgage deposit, stamp duty and solicitors fees
  • gambling
  • business purposes
  • sharedealing

Ready to apply for a Top Up Loan?

Existing customers

On your mobile device? If you've downloaded our app and have an HSBC current account, you can apply now by selecting 'Apply in app'.

If you're on a desktop, scan the QR code with your mobile device.

More ways to apply

Standards of Lending Practice

HSBC adheres to the standards of lending practice guidelines.

It's easy to answer your query online. Visit our Help page to find out how.