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Signature Service Guide - HSBC Sri Lanka

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The Balance Transfer option allows you to transfer outstanding<br />

balances from your other bank credit cards to your <strong>HSBC</strong> Credit Card<br />

to enjoy more savings. You could transfer up to a minimum of<br />

Rs.25,000/- and a maximum upto 60% of your Credit Card limit<br />

subject to the available limit.<br />

You also have two options to settle the transfer balance. You can opt<br />

for a 0% scheme for 3 months or 1% interest per month for 6<br />

months with a handling fee of Rs.1,000/-.<br />

Credit Card Balance Transfers<br />

Example - For a Balance Transfer Programme of Rs.100,000/- for 3 and 6 months.<br />

Tenure<br />

Outstanding<br />

amount<br />

from other bank credit cards<br />

Other bank<br />

interest at<br />

28% p.a for the<br />

selected period<br />

<strong>HSBC</strong><br />

Interest<br />

One off<br />

Handling fee<br />

Saving<br />

3 months<br />

Rs.100,000/-<br />

Rs.6,900/-<br />

0%<br />

Rs.1,000/-<br />

Rs.6,900/-<br />

6 months<br />

Rs.100,000/-<br />

Rs.13,800/-<br />

1% - Rs.6,000/-<br />

Rs.1,000/-<br />

Rs.7,800/-<br />

Note: Above is a tentative calculation and that can change based on payments/number of<br />

days of calculation used by your other bank.<br />

Please call our dedicated Customer <strong>Service</strong> hotline on 4 4722 75<br />

for further information.<br />

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