Top of main content

Loan rates

Unsecured Personal Loan

A unsecured personal loan does not require cash or property as a guarantee.

Product name Maximum term Repayment Total rate
Premier 5 years Principal and interest
7.0%
Advance 5 years Principal and interest
7.5%
Personal 5 years Principal and interest
7.75%

Unsecured Personal Loan

A unsecured personal loan does not require cash or property as a guarantee.

Product name Premier
Maximum term 5 years
Repayment Principal and interest
Total rate 7.0%
Product name Advance
Maximum term 5 years
Repayment Principal and interest
Total rate 7.5%
Product name Personal
Maximum term 5 years
Repayment Principal and interest
Total rate 7.75%

Secured Personal Loan

A secure loan requires cash or property as a guarantee.

Product name1 Maximum term Repayment Total rate
Premier 5 years Principal and interest
6.25%
Advance 5 years Principal and interest
6.75%
Personal 5 years Principal and interest
7.0%

Secured Personal Loan

A secure loan requires cash or property as a guarantee.

Product name1 Premier
Maximum term 5 years
Repayment Principal and interest
Total rate 6.25%
Product name1 Advance
Maximum term 5 years
Repayment Principal and interest
Total rate 6.75%
Product name1 Personal
Maximum term 5 years
Repayment Principal and interest
Total rate 7.0%

1Acceptable security can be in the form of fixed deposits or savings account proceeds on deposit at HSBC Bermuda.

Education Loan

Education Loans variable rates

Loan type Maximum term Repayment Total rate
Secured1 5 years Principal and interest
From 5.5%
Unsecured 5 years Principal and interest
From 6.5%

Education Loan

Education Loans variable rates

Loan type Secured1
Maximum term 5 years
Repayment Principal and interest
Total rate From 5.5%
Loan type Unsecured
Maximum term 5 years
Repayment Principal and interest
Total rate From 6.5%

1Acceptable security can be in the form of fixed deposits or savings account proceeds on deposit at HSBC Bermuda.

Note: Principal payments can be deferred and interest only payments allowed for a maximum of 2 years. The maximum term for this is 7 years.

Green Loan

Green Loan variable rates

Loan type Maximum term Repayment Total rate
Unsecured 7 years Principal and interest 6.0%

Green Loan

Green Loan variable rates

Loan type Unsecured
Maximum term 7 years
Repayment Principal and interest
Total rate 6.0%

Personal Line of Credit

Personal Line of Credit variable rates

Product name Maximum term Repayment Total rate
Premier N/A Principal and interest
8.0%
Advance N/A Principal and interest
9.0%
Personal N/A Principal and interest
10%

Personal Line of Credit

Personal Line of Credit variable rates

Product name Premier
Maximum term N/A
Repayment Principal and interest
Total rate 8.0%
Product name Advance
Maximum term N/A
Repayment Principal and interest
Total rate 9.0%
Product name Personal
Maximum term N/A
Repayment Principal and interest
Total rate 10%

Overdraft

Variable overdraft rates

Overdraft term Total rate
3 months minimum
7.0%
3 years maximum
7.0%

Overdraft

Variable overdraft rates

Overdraft term 3 months minimum
Total rate 7.0%
Overdraft term 3 years maximum
Total rate 7.0%

Important information

  • HSBC Bermuda's current BMD base rate for personal banking customers is 3.5%
  • all rates are subject to change without notice
  • preferential mortgage and loan rates may apply - come and see us

Related products

 

We offer quick access to your loan to help make that dream a reality.

 

An Education Loan could help fund your dream education.

Disclosure

Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.

Listening to what you have to say about our services matters to us.