Important notes
- The maximum amount of CIP application with its applicable CIP management fee amount is up to 95% of your HSBC Amanah credit card-i limit.
- HSBC Amanah may at its sole discretion
- approve the CIP amount applied for therein; or
- approve the CIP at a lower amount from what was applied for therein without further notification to the Eligible Cardholder at the time of approval. However, HSBC Amanah will subsequently notify the Eligible Cardholder in writing of the CIP approved at a lower amount and the CIP Monthly Instalment or
- decline the CIP application.
- During the CIP tenure, the CIP amount together with the CIP management fee will be billed to you by the way of equal monthly instalment. The CIP tenure/monthly instalment cannot be altered or changed.
- The effective rate of CIP varies based on the tenure and is up to 12.7% management fee per annum.
- Upon successful application of CIP, you are deemed to be responsible in servicing the monthly instalment amount which will be posted to your HSBC Amanah Credit Card-i account and will be reflected in your monthly HSBC Amanah Credit Card-i statement in the following month. Once you have applied for CIP, a corresponding amount in your HSBC Amanah Credit Card-i will be reserved for this purpose and this amount shall not be available for your use until settlement of the CIP amount. HSBC Amanah Online Cash Instalment Plan Programme 2016 (C) at 4.88% management fee p.a. Programme 2016 Terms & Conditions apply. Valid until 30 September 2016.
Click here for the full HSBC Amanah Online Cash Instalment Plan Programme 2016 (C)
Terms & Conditions.