HSBC loan calculator

Use our HSBC loan calculator to get an idea of how much you'd pay back on a fixed-rate, unsecured HSBC personal loan as a new or existing customer. Loan amounts between £1,000 and £50,000 with rates starting from 5.9%.

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Table: sorted by representative APR, promoted deals first
1 - 3 of 3
Product Finder Score Loan amounts Loan terms Repayments
HSBC logo
Finder score
£1,000 - £50,000
1 year - 8 years
£192.15
(£11,529.01 overall)
Representative Example: Representative 5.9% APR fixed. Based on a loan of £10,000 for 60 months at 5.9% p.a. Total £11,529.01 repayable at £192.15 per month.
Representative Example: Representative 5.9% APR fixed. Based on a loan of £10,000 for 60 months at 5.9% p.a. Total £11,529.01 repayable at £192.15 per month.
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HSBC Personal Loan
Finder Award
HSBC logo
Finder score
£1,000 - £30,000
1 year - 8 years
£194.35
(£11,661.05 overall)
Representative Example: Representative 6.4% APR fixed. Based on a loan of £10,000 for 60 months at 6.4% p.a. Total £11,661.05 repayable at £194.35 per month.
Representative Example: Representative 6.4% APR fixed. Based on a loan of £10,000 for 60 months at 6.4% p.a. Total £11,661.05 repayable at £194.35 per month.
HSBC logo
Finder score
Not yet rated
£1,000 - £30,000
1 year - 8 years
£194.35
(£11,661.05 overall)
Representative Example: Representative 6.4% APR fixed. Based on a loan of £10,000 for 60 months at 6.4% p.a. Total £11,661.05 repayable at £194.35 per month.
Representative Example: Representative 6.4% APR fixed. Based on a loan of £10,000 for 60 months at 6.4% p.a. Total £11,661.05 repayable at £194.35 per month.
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Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

Late repayments can cause you serious money problems. See our debt help guides.

How do HSBC loans compare against the competition?

See today's rates from across the personal loan market.

HSBC loan rates at a glance

The HSBC Premier Personal Loan charges 5.9% APR representative on loans between £15,000 and £30,000. HSBC offers the unsecured personal loan with repayment terms between 1 year and 8 years, and applicants can apply to borrow from £1,000 to £50,000.

The HSBC Personal Loan charges 6.4% APR representative on loans between £7,500 and £20,000. HSBC offers the unsecured personal loan with repayment terms between 1 year and 8 years, and applicants can apply to borrow from £1,000 to £30,000.

The HSBC Existing Customer Personal Loan charges 6.4% APR representative on loans between £7,500 and £20,000. HSBC offers the unsecured personal loan with repayment terms between 1 year and 8 years, and applicants can apply to borrow from £1,000 to £30,000.

Quick overview of HSBC personal loans

Loan amounts From £1,000 to £50,000
Loan terms From 1 year to 8 years
Age eligibility 18 years and over
Application fee No application fee
Repayment holiday Repayment holiday not permitted

Breakdown by loan

Loan typeUnsecured Personal Loan
Loan amounts£1,000.00 to £50,000.00
Loan terms1 year to 8 years
Loan rate typeFixed
Product fee0%
Same-day funding available
Same-day funding noteApply online or in branch to receive same day funds
Instant decisions in most cases
Soft-search facility available
Joint applications
Overpay without penalty
Concurrent loans allowed
Topping-up pays off existing loan and initiates a new loan
Repayment methodsDirect Debit
Loan typeUnsecured Personal Loan
Loan amounts£1,000.00 to £25,000.00
Loan terms1 year to 8 years
Loan rate typeFixed
Product fee0%
Same-day funding available
Same-day funding noteExisting customers apply online or in app for same day funds
Instant decisions in most cases
Soft-search facility available
Joint applications
Overpay without penalty
Concurrent loans allowed
Topping-up pays off existing loan and initiates a new loan
Repayment methodsDirect Debit
Loan typeUnsecured Personal Loan
Loan amounts£1,000.00 to £25,000.00
Loan terms1 Year to 8 Years
Loan rate typeFixed
Product fee0%
Same-day funding available
Same-day funding noteApply online or in branch to receive same day funds
Instant decisions in most cases
Soft-search facility available
Joint applications
Overpay without penalty
Concurrent loans allowed
Topping-up pays off existing loan and initiates a new loan
Repayment methodsDirect Debit

Am I eligible for an HSBC loan?

You should only apply if you’re certain you can meet the repayment terms, and you meet the following HSBC personal loan requirements:

  • You must be aged over 18.
  • Have an annual income of at least £10,000 (this can include pension income).
  • Be a UK resident.
  • Have a UK based bank or building society account that can pay direct debits.

HSBC states that you can’t use an HSBC loan for funding (or part funding) a property, gambling, business purposes or share dealing. It also says you can’t give the money to somebody else to do any of those things.

HSBC Premier Customer Personal Loans are only available to HSBC Premier customers. To become eligible for an HSBC Premier Bank Account, you’ll need to have an individual annual income of at least £100,000 (paid into your HSBC account) OR have savings/investments of at least £100,000 with HSBC in the UK OR already qualify for HSBC Premier in another country.

If you do have an HSBC Premier account, you can apply online, on the phone or in person.

Things to keep in mind

  • Rates may vary. HSBC personal loans are unsecured – meaning they’re based on your creditworthiness, rather than the value of any property or other assets you use as collateral. While HSBC’s rates are normally competitive, the advertised representative APR may not be the rate you’ll receive, and HSBC will offer you a rate based on its assessment of your personal financial circumstances.
  • Repayment holidays. You have the option of taking a repayment holiday for the first three months of your loan term, or every January for the life of the loan. However, this will cost you more overall, because your outstanding balance will still be accruing interest during these periods.
  • Quick turnaround. HSBC account holders may get approved for a loan immediately, and other customers should be contacted with a credit decision within five working days. Successful applicants will generally get their funds within three working days, but existing HSBC customers may receive their money instantly.

APR and Representative APR explained

The Annual Percentage Rate (APR) is a summary of the yearly cost of a loan. It takes into account both interest and any unavoidable charges you'll need to pay (for example an arrangement/product fee) over the duration of a loan. Because HSBC doesn't charge an arrangement fee, its APR comprises just the interest rate – and so they're one and the same.

However, the vast majority of lenders tailor rates (and therefore APRs) to the individual applicant. If they think you're a riskier bet, they'll offset that by offering you a higher APR. The "representative APR" (as defined by the Financial Conduct Authority) is what HSBC gives to at least 51% of those who take out the loan. At the top end of the market – where HSBC fights it out among the high-street banks and supermarkets – chances are that 49% of customers are receiving a higher APR. With HSBC, you'll need a good credit score to get approved and a great credit score to bag that representative APR. HSBC must calculate APR in the same way as other lenders, and must tell you your personal APR before you sign a loan agreement.

HSBC advertises a representative APR of 5.9% on loans between £15,000 and £30,000 on the HSBC Premier Personal Loan, 6.4% on loans between £7,500 and £20,000 on the HSBC Personal Loan and 6.4% on loans between £7,500 and £20,000 on the HSBC Existing Customer Personal Loan.

How do I apply for an HSBC loan?

If you want to apply for a HSBC personal loan, you can do so by following these steps:

  1. Get a personalised quote.
    Use HSBC’s “Personalised Loan Quote tool” to get an indication as to whether your application would be successful. This involves a “soft” search of your credit file, which doesn’t affect your credit score. You’ll need to provide three years of address history, as well as your current income and employment details in order for HSBC to run the check.
    HSBC personalised loan quote tool form step 1 screenshot
    HSBC personalised loan quote tool form step 2 screenshot
    HSBC personalised loan quote results screenshot
  2. Apply.
    If you’re happy with the quote, you can then click “Apply now”. You’ll also need to provide the sort code and account number of your bank or building society account. It’s once you do this that HSBC will run a “hard” credit search (which has a slight, usually short-lived dent on your credit score).
  3. Get a decision (and if it’s good news, a formal “loan offer”).
    Once your application has been received, you’ll generally need to wait up to five working days for a decision. For existing HSBC account holders, you may get an instant decision on your loan application.
  4. Accept the loan offer and wait for drawdown of funds.
    If you accept the loan offer, funds will be send to your nominated account. If that’s an HSBC current account, the transfer should be near-instant, but if it’s not, HSBC says you may have to wait up to 3 working days.

Can I get an HSBC secured loan?

HSBC does offer traditional “first charge” mortgages, however it doesn’t offer “second charge” mortgages (also known as “homeowner loans”). If you’re a homeowner with a mortgage, then a homeowner loan can let you leverage the equity you’ve built up in your home to access larger loan amounts and/or lower interest rates. You can learn about secured loans and compare your options in our comprehensive guide.

How do I get in contact with HSBC?

HSBC offer online chat functions on both the HSBC webiste and app. Alternatively, you can ring HSBC on 03457 404 404 if you are an existing customer, or if you’re not a customer, you can call 03455 873 444. Lines are open 08:00–20:00 every day (except for Christmas Day, Boxing Day and New Year’s Day).

HSBC customer reviews

In our 2025 customer satisfaction survey, 87% of HSBC loan customers said they’d recommend the brand to a friend.

Customers were positive about HSBC’s customer service.

One commented: “It has a low interest rate, good range of what to borrow and choice of length of loan.”

Another said: “Clear documentation, easy to follow, responsive support.”

Ahmed Negri's headshot
Case study: Ahmed took out an HSBC personal loan to buy a car

"I took out an HSBC personal loan in 2018 because I was already banking with HSBC and I wanted the loan to be with my own bank. I had been with HSBC for 20 years. I got the cash within 2 days, which is about what I was expecting. I needed it to buy a car.

If there’s one thing you’d tell a friend who’s thinking of getting this, what would it be?

My advice for anyone thinking of getting a loan is: don’t get it unless you absolutely need to have it and be sure you can afford the repayments."

Ahmed Negri
London

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Chris Lilly's headshot
Written by

Head of publishing

Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

Chris's expertise
Chris has written 564 Finder guides across topics including:
  • Loans & credit cards
  • Building credit
  • Financial health
  • Share trading

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