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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.

HSBC's 0% instalment merchants
Items	Merchants
Computer, gadgets, electronics, appliances, telecommunications	Abenson, Ambassador Appliances, Ansons, Automatic Centre, 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	Adidas, Adora, Bata Shoes, Calvin Klein Platinum, Crocs, Denovo, Ecco, Forever 21, Hermes, Innisfree, Levi's, New Balance, 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, Automatic Centre, 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	Adidas, Adora, Bata Shoes, Calvin Klein Platinum, Crocs, Denovo, Ecco, Forever 21, Hermes, Innisfree, Levi's, New Balance, 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

Power Mac Center

You can now avail of 0% installment up to 24 months when you shop with your HSBC Credit Card at Power Mac Center’s online store.

0% installment up to 24 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

Shop now at www.powermaccenter.com. HSBC’s Card Installment Plan Terms and Conditions apply.

Rustan’s

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

0% installment 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 Installment Plan Terms and Conditions apply.

Appliances

Manila Imperial Motor Sales

Enjoy 0% installment up to 36 months on the UV Care 8-Stage Air Purifier with Humidifier at Manila Imperial.

0% installment 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 installment offer until December 31, 2020. HSBC Card Installment Plan Terms and Conditions apply.

Retail boutiques

ZARA

Shop for the latest fashion trends for everyone! Enjoy 0% installment up to 6 months exclusively with your HSBC Credit Card from the following brands: Zara, Bershka, Stradivarius, Massimo Dutti and Pull & Bear.

0% installment up to 6 months is subject to the following minimum spend requirements:
- 3 months – minimum purchase of PHP3,000
- 6 months – minimum purchase of PHP3,000*
*Minimum purchase for Zara and Massimo Dutti is PHP5,000

Promo period is from March 10 to May 31, 2020.
HSBC Card Installment Plan Terms and Conditions apply.
Per DTI Fair Trade Permit No. FTEB-04445 Series of 2020

ZARA list of Branches (PDF) about list of branches of ZARA Download link

Miladay Fine Jewels

Get a FREE Miladay GC worth PHP10,000 when you shop with your HSBC Credit Card at Miladay for a minimum single receipt purchase of PHP20,000. Plus, exclusively enjoy 0% installment up to 36 months.

0% installment 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

Promo period is from February 5 to August 31, 2020
Per DTI Fair Trade Permit No. FTEB-02321 Series of 2020

Gadgets

The SM Store

Enjoy 0% installment for 12 months on gadgets and cameras inside The SM Store for a minimum purchase of PHP5,000 with your HSBC Credit Card.

Participating branches: All The SM Store branches except SM Aura, SM General Santos, SM San Fernando, SM Megacenter, SM Quiapo and SM Valenzuela.

Promo period: January 15 to April 30, 2020
Per DTI Fair Trade Permit No. FTEB 05585, Series of 2020

HSBC Card Installment Plan Terms and Conditions apply.

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.