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, 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 Amway, Savemore Market, SM Hypermarket, SM Supermarket
Health, beauty, and wellness Belo Medical Group, Facial Care, Marie France, Medical City, Svenson
Home furnishing Ace Builders, Ace Hardware, Ace Express, Crate & Barrel, Robinson's Builders, Blims, Handyman, Our Home, True Value
Other retail Baby Company, Pet Express, Toy Kingdom, Toys R' Us, Watsons
Retail boutiques and clothing Adidas, Adora, Bata Shoes, Calvin Klein Platinum, Cartier, Crocs, Denovo, Forever 21, Innisfree, Levi's, New Balance, Joseph, Kultura, Nike, 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, Whiteplane, Inc.

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, 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 Amway, 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 Ace Builders, Ace Hardware, Ace Express, Crate & Barrel, Robinson's Builders, Blims, Handyman, Our Home, True Value
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, Cartier, Crocs, Denovo, Forever 21, Innisfree, Levi's, New Balance, Joseph, Kultura, Nike, 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, Whiteplane, Inc.

Special deals

Travel

Philippine Airlines

0% instalment up to 9 months, subject to the following minimum amount:

  • PHP20,000 – 3 months
  • PHP50,000 – 6 months
  • PHP100,000 – 9 months
  • PHP150,000 – 12 months

 

Book via www.philippineairlines.com and select PAL ticket offices.

 

Valid until March 25, 2019

Terms and conditions apply.

Per DTI-FTEB Permit No. 20109, Series of 2018

Shopping

Denovo

10% OFF on items plus 0% installment up to 12 months

 

Offer valid from February 1 to December 31, 2019

Per DTI-FTEB Permit No. 1015. Series of 2019.

Gadgets

Fone Style

10% discount on all accessories for every instalment purchase.

List of Branches: All Fone Style Branches.

Valid until February 15, 2019

Per DTI-FTEB Permit No. 0321, Series of 2019

Switch

Purchase an iPad Pro and Apple Pencil bundle on 0% instalment up to 36 months and get 10% off on iPad Pro Cases. Available in all Switch branches nationwide.

 

Offer valid until March 31, 2019

Per DTI-FTEB Permit No. 0321, Series of 2019

Silicon Valley

Free Promate Vortex Bluetooth Speaker for a minimum instalment purchase of PHP25,000. 

0% instalment up to 36 months. Available in Silicon Valley branches.

Offer valid until Feb 15, 2019

Per DTI-FTEB Permit No. 0321, Series of 2019

VillMan

Free 16GB USB Flash Drive for a minimum instalment purchase of PHP25,000 at 0% instalment up to 6 months. Available at Huawei Concept Store:

4th Floor, Cyberzone, SM Megamall

Tel: 986-2222 / 0917-5327947

 

0% instalment up to 36 months. Available in Villman branches.

 

VillMan Branches:

  • VillMan SM Cabanatuan
  • VillMan Trinoma
  • VStore SM Annex
  • VillMan North EDSA
  • VillMan SM Marikina
  • VillMan SM Megamall
  • VillMan Glorietta 2
  • VillMan SM MOA 

 

Offer valid until Feb 15, 2019

Per DTI-FTEB Permit No. 0321, Series of 2019

Power Mac Center

Get Free PHP500 Power Mac Center GC for a minimum instalment purchase of PHP30,000.

0% instalment up to 24 months. Available in Power Mac Center branches.

Offer valid until Feb 15, 2019

Per DTI-FTEB Permit No. 0321, Series of 2019

Beauty and wellness

Belo Medical Group

  • 15% OFF with a minimum spend of PHP2,400 during your first visit
  • 10% discount during your succeeding visits, with no minimum spend requirement 
  • 0% instalment up to 12 months

 

PHP10,000 – 3 months

PHP25,000 – 6 months

PHP100,000 – 12 months

Per DTI-FTEB Permit No. 15194, Series of 2018.

Apply now

Terms and conditions

  1. 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.
  2. The Cardholder agrees that HSBC may at its option require a minimum purchase amount to qualify for HIP.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. HIP cannot be availed of in conjunction with ongoing HIP Merchant, other HSBC credit card and/or government promotions.
  9. 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.
  10. 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), whichever is higher.
  11. All decisions made by HSBC or the HIP Merchant regarding this promotion are considered final.

 

Updated as of July 2013.

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