Instalment Plan | Credit Cards Features

Home
Credit cards
Features
Card instalment plan

HSBC Credit Card Instalment Plan

Enjoy instalment deals up to 36 months to pay with your HSBC Credit Card.

With your HSBC Credit Card, you can purchase high-ticket items like gadgets, appliances, airplane tickets and so much more at 0% interest on instalment payable up to 36 months.

Online
Appliances
Retail boutiques

HSBC's 0% instalment merchants
Items	Merchants
Computer, gadgets, electronics, appliances, telecommunications	Abenson, Ambassador Appliances, Ansons, AV Surfer, Avid, Camerahaus, Coleman, Dyson, Electroworld, Fissler, Fone Style, Gigahertz, Globe, Henry's Cameras, Insinkerator, iSwitch, KitchenAid, Manila Imperial, Memoxpress, PC Express, Perfect Shot, Powermac, Premium Style Electronics, Robinson's Appliances, Robinson's Savers, Silicon Valley, SM Appliance Center, TCA Digital, Tempur, Villman, Western Appliances
Department stores	Robinson's Dept Store, Rustan's Department Store, The SM Store, W Department Store
Food stores and supermarkets	Savemore Market, SM Hypermarket, SM Supermarket
Health, beauty, and wellness	Belo Medical Group, Facial Care, Marie France, Medical City, Svenson
Home furnishing	Abenson Home, Ace Builders, Ace Hardware, Ace Express, Crate & Barrel, Robinson's Builders, Blims, Habitat, Handyman, Our Home, True Value, Zwilling
Other retail	Baby Company, Pet Express, Toy Kingdom, Toys R' Us, Watsons
Retail boutiques and clothing	Adora, Bata Shoes, Calvin Klein Platinum, Crocs, Denovo, Ecco, Forever 21, Hermes, Innisfree, Levi's, Joseph, Kultura, Miladay, Rustan's Redtag Store, Robinson's Fashion Affiliates (Topshop, Topman, Dorothy Perkins, Burton, Miss Selfridge, Warehouse), Sfera, Simply Shoes, Sports Central, Surplus, Uptrend Fashion - Surplus, The Body Shop, Tiffany, Under Armour, Uniqlo

HSBC's 0% instalment merchants
Items	Computer, gadgets, electronics, appliances, telecommunications
Merchants	Abenson, Ambassador Appliances, Ansons, AV Surfer, Avid, Camerahaus, Coleman, Dyson, Electroworld, Fissler, Fone Style, Gigahertz, Globe, Henry's Cameras, Insinkerator, iSwitch, KitchenAid, Manila Imperial, Memoxpress, PC Express, Perfect Shot, Powermac, Premium Style Electronics, Robinson's Appliances, Robinson's Savers, Silicon Valley, SM Appliance Center, TCA Digital, Tempur, Villman, Western Appliances

Items	Department stores
Merchants	Robinson's Dept Store, Rustan's Department Store, The SM Store, W Department Store

Items	Food stores and supermarkets
Merchants	Savemore Market, SM Hypermarket, SM Supermarket

Items	Health, beauty, and wellness
Merchants	Belo Medical Group, Facial Care, Marie France, Medical City, Svenson

Items	Home furnishing
Merchants	Abenson Home, Ace Builders, Ace Hardware, Ace Express, Crate & Barrel, Robinson's Builders, Blims, Habitat, Handyman, Our Home, True Value, Zwilling

Items	Other retail
Merchants	Baby Company, Pet Express, Toy Kingdom, Toys R' Us, Watsons

Items	Retail boutiques and clothing
Merchants	Adora, Bata Shoes, Calvin Klein Platinum, Crocs, Denovo, Ecco, Forever 21, Hermes, Innisfree, Levi's, Joseph, Kultura, Miladay, Rustan's Redtag Store, Robinson's Fashion Affiliates (Topshop, Topman, Dorothy Perkins, Burton, Miss Selfridge, Warehouse), Sfera, Simply Shoes, Sports Central, Surplus, Uptrend Fashion - Surplus, The Body Shop, Tiffany, Under Armour, Uniqlo

Special deals

Online

Western Appliances

You can now avail of 0% installment up to 12 months for a minimum purchase of PHP3,000 at Western Appliances' online store. Shop now at www.western.com.ph

HSBC's Card Installment Plan Terms and Conditions apply.

Silicon Valley

You can now avail 0% instalment up to 24 months* at Silicon Valley’s online store subject to the following minimum spend requirements:

3 months - minimum purchase of PHP3,000
6 months - minimum purchase of PHP3,000
12 months - minimum purchase of PHP6,000
24 months - minimum purchase of PHP12,000

Shop now at www.siliconvalley.com.ph

* Applicable on select items only. HSBC's Card Instalment Plan Terms and Conditions apply.

Crate & Barrel

You can now avail 0% instalment up to 6 months at Crate & Barrel’s online store subject to the following minimum spend requirements:

3 months - minimum purchase of PHP5,000
6 months - minimum purchase of PHP10,000

Shop now at www.crateandbarrel.com.ph

HSBC's Card Instalment Plan Terms and Conditions apply.

Baby Company

Grand Baby Fair Online via shop.babycompany.ph.

Promo Date: Extended to until May 26, 2021

Promo Mechanics: Get up to 70% off on selected items

Free shipping for minimum purchase of PHP10,000
Free Wow Box for minimum purchase of PHP7,000
Offer is applicable to Straight and Installment transactions

3 months: minimum purchase of PHP5,000

6 months: minimum purchase of PHP10,000

12 months: minimum purchase of PHP10,000^*

*Exclusive to HSBC Credit Card Holders

DTI Fair Trade Permit No. FTEB-118046 Series of 2021

Abenson

You can now avail of 0% instalment up to 12 months with your HSBC Credit Card at Abenson's online store.

0% instalment up to 12 months is subject to the following minimum spend requirements:

3 months: minimum purchase of PHP3,000
6 months: minimum purchase of PHP3,000
12 months: minimum purchase of PHP6,000

Shop now at www.abenson.com. HSBC's Card Instalment Plan Terms and Conditions apply.

View the latest Abenson x Samsung Summer Promo here.

John Robert Powers

Enjoy 0% Instalment up to 24 months¹ for a minimum transaction amount of PHP30,000 online with your HSBC Credit Card at John Robert Powers.

Visit www.johnrobertpowers.ph or visit their branches.

List of branches(PDF)

¹For in-store, only 0% instalment up to 12 months available. HSBC's Card Instalment Plan Terms and Conditions apply.

Standard Insurance

Enjoy 0% Instalment up to 6 months for a minimum transaction amount of PHP7,000 with your HSBC Credit Card at Standard Insurance.

Visit www.standard-insurance.com.

HSBC's Card Instalment Plan Terms and Conditions apply.

Fone Style

Avail of 0% instalment up to 3 months online or up to 36 mos in-store at Fone Style subject to a minimum spend requirement per tenor for selected models.

Shop now at www.fonestyle.com.ph or visit any Fone Style branch nationwide.

HSBC's Card Instalment Plan Terms and Conditions apply.

Miladay

Get up to 50% OFF on all items at 0% installment up to 12 months with a minimum purchase of PHP6,000 at Miladay's online store from March 1 to March 3, 2021 with your HSBC Credit Card. You can also avail of 0% installment up to 6 months online with a minimum spend of PHP3,000.

Shop now at www.miladayjewels.com. Click here for more details

You can still continue to avail of 0% instalment up to 36 months when you shop in-store. Subject to the ff. minimum spend requirements:

3 months: minimum purchase of PHP3,000
6 months: minimum purchase of PHP3,000
12 months: minimum purchase of PHP6,000
24 months: minimum purchase of PHP12,000
36 months: minimum purchase of PHP18,000

HSBC's Card Instalment Plan Terms and Conditions apply.

Henry's Cameras

Avail of 0% instalment up to 6 months with a minimum purchase of PHP5,000 at Henry's online store with your HSBC Credit Card.

Shop now at www.henryscameraphoto.com

What's more, you can continue to shop 0% installment up to 24 months at Henry's Camera in-store. Subject to the ff. minimum spend requirements:

3 months: minimum purchase of PHP6,000
6 months: minimum purchase of PHP6,000
12 months: minimum purchase of PHP6,000
24 months: minimum purchase of PHP30,000

HSBC's Card Instalment Plan Terms and Conditions apply.

^*Brand and item exclusions apply.

Trunc

Shop at over 100 premium and luxury brands in one online shopping destination. Avail of 0% instalment up to 24 months subject to the following minimum spend requirements:

3 months – minimum purchase of PHP7,500
6 months – minimum purchase of PHP30,000
12 months – minimum purchase of PHP75,000
24 months – minimum purchase of PHP75,000

See the full list of brands here.Shop now at www.trunc.ph.

HSBC's Card Installment Plan Terms and Conditions apply.

Kultura

0% instalment up to 6 months via the The SM Store's Call to Deliver Facility subject to the following minimum spend requirements:

3 months – PHP5,000
6 months – PHP15,000

Under Armour

0% instalment up to 6 months via the The SM Store's Call to Deliver Facility subject to the following minimum spend requirements:

3 months – PHP3,000
6 months – PHP6,000

Levi's

0% instalment up to 6 months for a minimum purchase of PHP5,000 via The SM Store's Call to Deliver facility.

Crocs

0% instalment for 6 months for a minimum purchase of PHP5,000 via The SM Store's Call to Deliver facility.

Innisfree

0% instalment for 3 months for a minimum purchase of PHP3,000 via The SM Store's Call to Deliver facility.

Bata

0% instalment up to 6 months via the The SM Store's Call to Deliver Facility subject to the following minimum spend requirements:

3 months – PHP5,000
6 months – PHP10,000

Datablitz

Avail of 0% instalment up to 3 months for a minimum purchase of PHP3,000 when you shop with your HSBC Credit Card at Datablitz's online store.

Shop now at ecommerce.datablitz.com.ph

HSBC's Installment Plan Terms and Conditions apply.

Globe

Enjoy 0% instalment up to 36 months with your HSBC Credit Card at Globe's online store or any Globe store nationwide.

0% instalment up to 36 months is subject to the following minimum spend requirements:

3 months – minimum purchase of PHP3,000
6 months – minimum purchase of PHP3,000
12 months – minimum purchase of PHP6,000
24 months – minimum purchase of PHP12,000
36 months – minimum purchase of PHP18,000

Shop now at shop.globe.com.ph

Shop for a new iPhone 13 at shop.globe.com.ph/hsbc-iphone

Click here to view the iPhone 13 FAQs and Application process.

HSBC's Installment Plan Terms and Conditions apply.

ShopSM

0% instalment up to 6 months with PHP5,000 minimum spend requirement.

Shop at https://shopsm.com/.

*6 months tenor will be available from January 15 to April 15, 2021.

Our Home

Avail of 0% installment up to 6 months online and up to 24 months in-store subject to the following minimum spend requirements:

3 months: minimum purchase of PHP15,000
6 months: minimum purchase of PHP15,000
12 months: minimum purchase of PHP40,000
24 months: minimum purchase of PHP50,000

HSBC's Card Instalment Plan Terms and Conditions apply.

Dyson

Enjoy 0% installment up to 36mos* when you shop online or in-store. Minimum spend requirement is PHP3,000 for 3 or 6 months tenor, PHP24,500 for 12, 24 or 36 months tenor.

Shop online through www.wpi.ph

Dyson branches: SM Mall Of Asia 1, Greenbelt 5, Greenhills, Century City Mall,

SM Aura, The Podium, Trinoma

*The 12, 24 and 36mos tenors are available from October 1 to Dec 31, 2021 only. The online channel will be available by October 8, 2021.

HSBC’s Card Installment Plan Terms and Conditions apply.

Per DTI Fair Trade Permit No. FTEB 127961 Series of 2021.

Toy Kingdom

0% instalment up to 6 months for a minimum purchase of PHP3,000.

Shop at www.toykingdom.com.ph.

The Body Shop

0% instalment up to 3 months for a minimum purchase of PHP3,000.

Shop at www.thebodyshop.com.ph.

Baby Company

0% instalment up to 6 months for a minimum purchase of PHP5,000.

Shop at www.shop.babycompany.ph.

Pet Express

0% instalment up to 6 months for a minimum purchase of PHP3,000.

Shop at www.petexpress.com.ph.

Sports Central

0% instalment up to 3 months for a minimum purchase of PHP5,000.

Shop at www.sportscentral.ph.

Anson's

You can now avail of 0% instalment for 12 months for a minimum single-receipt purchase of PHP3,000 with your HSBC Credit Card at Anson's online store.

Shop now at www.ansons.ph. HSBC's Card Instalment Plan Terms and Conditions apply.

Nespresso

You can now avail of 0% instalment for 3 months for a minimum spend requirement of PHP7,500* with your HSBC Credit Card at Nespresso's online store.

Shop now at www.nespresso.ph. HSBC's Card Instalment Plan Terms and Conditions apply.

For the Chinese New Year offers, please click here.

*Shopping cart must have a coffee machine purchase. Coffee pods or capsules only are not applicable for the 0% instalment offer.

Power Mac Center

Avail of 0% instalment up to 36 months when you shop with your HSBC Credit Card at Power Mac Center's online store.

0% instalment up to 36 months online is subject to the following minimum spend requirements:

3 months – minimum purchase of PHP6,000
6 months – minimum purchase of PHP6,000
12 months – minimum purchase of PHP20,000
24 months – minimum purchase of PHP50,000
36 months – minimum purchase of PHP50,000

Shop now at www.powermaccenter.com

Click here to view the iPhone 13 offers.

HSBC's Installment Plan Terms and Conditions apply.

Rustan's Shop Online

You can now avail of 0% instalment up to 36 months when you shop with your HSBC Credit Card at Rustan's online store.

0% instalment up to 36 months online is subject to the following minimum spend requirements:

3 months – minimum purchase of PHP3,000
6 months – minimum purchase of PHP10,000
12 months – minimum purchase of PHP20,000
24 months – minimum purchase of PHP50,000
36 months – minimum purchase of PHP100,000

Shop now at www.rustans.com. HSBC's Card Instalment Plan Terms and Conditions apply.

Everest Academy

You can now avail of 0% instalment for 3 months with your HSBC Credit Card at Everest Academy for a minimum purchase of PHP300,000.

Visit www.everestmanila.com. HSBC's Card Instalment Plan Terms and Conditions apply.

Appliances

Western Appliances

Avail of 0% instalment up to 12 months online or up to 36 mos in-store at Western Appliances subject to a minimum spend requirement per tenor for selected models.

Shop now at www.western.com.ph or visit any Western Appliances branch nationwide.

HSBC's Card Instalment Plan Terms and Conditions apply.

DTI Fair Trade Permit No. FTEB-117090 Series of 2021.

CW Home Depot

Enjoy 0% instalment up to 6 months for a minimum purchase of PHP3,000. Visit any CW Home Depot branch.

Learn more. HSBC's Card Installment Plan Terms and Conditions apply.

Manila Imperial Motor Sales

Enjoy 0% instalment up to 36 months on the UV Care 8-Stage Air Purifier with Humidifier at Manila Imperial.0% instalment up to 36 months is subject to the following minimum spend requirements:

3 months – minimum purchase of PHP3,000
6 months – minimum purchase of PHP3,000
12 months – minimum purchase of PHP6,000
24 months – minimum purchase of PHP12,000
36 months – minimum purchase of PHP18,000

Visit Manila Imperial Motor Sales at 109 Veronica St., Tytana Center, Binondo Manila or call 8708-5355 up to 60 to order.

Avail of the instalment offer until December 31, 2020. HSBC Card Instalment Plan Terms and Conditions apply.

Retail boutiques

The SM Store

Enjoy 0% instalment up to 12 months* with your HSBC Credit Card subject to the following minimum spend requirements:

6 months: PHP8,000
12 months: PHP12,000

Promo is valid until December 31, 2021

*Available via in-store and Call-To-Deliver (dial #14376) service.

HSBC's Card Instalment Plan Terms and Conditions apply. DTI Fair Trade Permit No. FTEB-120161 Series of 2021.

W Department Store

Enjoy 0% installment for 3 months for a minimum purchase of PHP3,000 with your HSBC Credit Card.

List of branches:

Guiguinto, San Fernando, Sucat, Sta Rosa, Tagaytay, Cabanatuan, Carmona, Plaridel, Makati, Dasmarinas, Talavera, Taytay, Balayan, Concepcion, Nasugbu, W Mall Pasay, Paniqui, San Jose, Sta Maria, Tanauan, Subic, North Edsa, Balanga, Waltermart Batangas, WDS Los Baños , WDS Bicutan.

Rustan's

Rustan's is now open! The following branches are now open to serve you:

Makati & Shangri-La – 11AM to 7PM
Alabang – 11AM to 6PM

Continue to enjoy 0% instalment up to 36 months subject to the following minimum spend requirements:

3 months – minimum purchase of PHP3,000
6 months – minimum purchase of PHP5,000
12 months – minimum purchase of PHP6,000
24 months – minimum purchase of PHP12,000
36 months*- minimum purchase of PHP20,000

*Applicable only for select items at the Rustan's Department Store.

HSBC's Card Instalment Plan Terms and Conditions apply.

Tiffany & Co.

Enjoy 0% instalment up to 36 months subject to the following minimum spend requirements:

3 months – minimum purchase of PHP30,000
6 months – minimum purchase of PHP60,000
12 months – minimum purchase of PHP100,000
24 months – minimum purchase of PHP150,000
36 months - minimum purchase of PHP250,000

View Tiffany & Co's catalogue (PDF). You may call or Viber +63 917 881 5272 or +63 917 848 0559 to have a Tiffany sales professional assist you.

Frequently asked questions

HSBC's Card Instalment Plan (HiP) is a feature of your HSBC credit card that allows you to pay credit card purchases made at accredited merchants in fixed monthly instalments ("instalment") at zero percent (0%) interest over your preferred repayment period. “Repayment Period” refers to the number of months you have to pay off the purchase amount. It is also commonly called "tenor" or "term."

All HSBC credit cardholders in good credit standing are eligible to purchase on instalment.

Zero percent (0%) refers to an instalment transaction where there is no additional interest or finance charge that is applied to the actual cost of the item you purchased using your HSBC Credit Card's instalment facility over the selected tenor. As such, you only need to pay monthly a fixed amount computed by dividing the purchase amount by the chosen number of months to pay. Monthly Instalment Amount at 0% interest = Purchase Amount/No. of Months to Pay.

The system shall make the necessary adjustment on the last monthly instalment amount to be posted to your Statement of Account. For example, an instalment transaction amount of Php10,000 payable over a 3-month tenor shall be posted to your SOA as follows:

1st of 3 instalments = Php3,333.33

2nd of 3 instalments = Php3,333.33

3rd of 3 instalments = Php3,333.34

To qualify, cardholders must satisfy the single-receipt transaction minimum purchase amount prescribed by the merchant. Some merchants may allow cardholders to combine several items in order to reach the minimum purchase amount.

The shortest instalment tenor we offer is three (3) months to pay. Certain stores may offer longer instalment tenors such as 6 months, 9 months, 12 months, 18 months and above. Please ask the merchant your options before making a purchase.

Our partner stores determine which items may be purchased on instalment. Please ask the merchant your options before making a purchase.

The option to do instalment is available at selected appliance centers, furniture stores, department stores and specialty fashion retail shops. HSBC is continually expanding its network of partner stores so please always ask the merchant your options before making a purchase.

Yes, it will be reflected in your Statement of Account as a regular purchase transaction with the monthly instalment amount and schedule of payment (e.g. 1st of 12 instalments) shown. There's also an instalment summary section found at the lower left of your statement.

The monthly instalment amount of instalment transactions made starting 22 July 2013 will form part of your Minimum Amount Due--which must be fully paid on Due Date. Should you be unable to pay the monthly instalment amount by the Due Date, or the full amount of your Minimum Amount Due by the Due Date as indicated in your Statement of Account, your account will become past due and your account will incur finance and late charges.

For instalments availed starting 22 July 2013, no finance charges will be incurred on the instalment itself if you pay the full Minimum Amount Due on or before the payment due date. Instalments availed prior to 22 July 2013 will still incur finance charges if the monthly balance of the card is not fully paid.

Yes. Please note though that all instalment purchases made by your supplementary card shall be posted and/or charged to your credit card account.

You do not have a separate credit limit for instalment thus the entire instalment amount will be deducted from your card's available credit limit. Your available credit limit will be replenished as you pay your total due amount each month.

Yes. You earn the bonus points from the time you made the instalment transaction.

Apply now

Unfold great deals at 0% instalment when you use your HSBC Credit Card.

Apply now for an HSBC Credit Card to get access to 0% instalment

Terms and conditions

HSBC's Card Instalment Plan ("HIP") is the instalment facility of The Hongkong and Shanghai Banking Corporation Limited ("HSBC"), which allows an HSBC credit cardholder ("Cardholder") to purchase selected goods and services from accredited HIP merchants in the Philippines using their HSBC credit card ("the Card") and pay for the same, together with applicable interest and other fees, on instalment basis. In certain instances or promotions, HSBC may, at its sole discretion, allow the Cardholder to convert into instalment transaction purchases made using the Card at non-accredited HIP merchants.
The Cardholder agrees that HSBC may at its option require a minimum purchase amount to qualify for HIP.
The Cardholder agrees that the beneficial title to the goods purchased through HIP, including any and all replacements, accessions and accessories thereto, shall remain with HSBC until the total HIP instalment price is paid in full. The Cardholder shall, in the meantime, possess and hold the same in trust for HSBC.
The Cardholder agrees not to alter, return, pledge, mortgage, sell, assign, pawn, lease or part with the possession of the goods without the prior written consent of HSBC and until and unless the Cardholder shall have paid the total HIP instalment price including all other charges that may arise out of the purchase.
The Cardholder acknowledges that the total HIP instalment price plus any Interest ("Handling Fee") from the instalment purchase shall be deducted from the available credit limit on the HSBC credit card account at the time of approval, but shall be posted at Statement billing / cut-off date in fixed equal monthly instalment amounts on each statement of account. The entire monthly instalment amount shall form part of the Minimum Amount Due on each statement of account. The Cardholder shall have the option to pay the Minimum Amount Due, every month. If he does so, or if the Cardholder revolves any portion of the Total Amount Due in any given month, this shall be included in the computation of the Finance Charge and Late Payment Charge (if applicable) for that month. The Cardholder shall be liable to pay these charges, plus any applicable taxes and charges required by the government thereon, over and above the applicable interest due on the instalment transaction. The finance charges, at HSBC's prevailing rate, will be levied using the average daily balance method upon the Cardholder's opening balance and all new transactions posted, including any applicable fixed monthly instalment amount and interest thereon, within the statement period accrued from the transactions' posting date until the end of the current statement period.
The use of the Card in connection with HIP shall be subject to the Terms and Conditions governing HSBC's Credit Card Products to the extent not inconsistent herewith.
The Cardholder's availment of HIP shall be considered his/her acceptance of and agreement to be bound by these terms and conditions and such amendments hereof as may be made by HSBC and advised from time to time.
HIP cannot be availed of in conjunction with ongoing HIP Merchant, other HSBC credit card and/or government promotions.
HIP is available in select branches and over select items of the HIP merchant. The HIP Merchants listed in this material are current as of print date. HSBC reserves the right to change the line-up of HIP Partner Merchants participating in the HIP program from time to time. The latest list of HIP merchants may be found at HSBC's website www.hsbc.com.ph. The items included in the 0% Interest Instalment Plan and/or in the Deferred Payment Plan, shall be identified in the price tag of the item.
In case of pre-termination or cancellation of the HSBC Card Instalment Plan transaction before the end of the chosen repayment period, HSBC reserves the right to charge to the cardholder's account a processing fee of Five Hundred Pesos (P500).
All decisions made by HSBC or the HIP Merchant regarding this promotion are considered final.