Popular Balance Transfer Comparison: Top Options for Clearing Credit Card Debt and Exclusive Loan Offers
Updated: 23 Apr 2026
Loan | MoneyHero Reward | Total Interest | Total Repayment | APR | ||
|---|---|---|---|---|---|---|
 | DBS Debt Consolidation Loan | HK$3,600 | HK$2,640 | HK$102,640 | 6.38 % | |
 | OCBC Bank Balance Transfer Personal Loan | HK$4,500 | HK$1,296 | HK$101,296 | 3.26 % | |
 | CNCBI $mart Plus Personal Installment Loan – Debt Consolidation | HK$2,800 | HK$5,280 | HK$107,280 | 7.20 % | |
 | Standard Chartered Debt Consolidation Program | HK$1,000 | HK$9,862 | HK$109,862 | 9.60 % | |
 | Citi Card Debt Consolidation Loan | HK$4,000 | HK$9,360 | HK$109,360 | 8.87 % | |
 | CCB (Asia) “Low Interest” Balance Transfer Program | HK$4,300 | HK$5,280 | HK$105,280 | 4.95 % | |
 | Debt Changer | HK$2,000 | HK$1,920 | HK$101,920 | 3.95 % | |
 | UA Debts Consolidation Loan | HK$3,700 | HK$1,750 | HK$101,750 | 1.68 % | |
 | WeLab Bank Card Debt Consolidation Loan | - | HK$4,258 | HK$104,258 | 4.11 % | |
 | PrimeCredit Balance Transfer | - | HK$1,200 | HK$101,200 | 1.18 % | |
 | CreFIT ClearCard Credit | - | HK$2,062 | HK$102,062 | 1.98 % | |
 | CreFIT Debt Consolidation | HK$60,000 | HK$1,438 | HK$101,438 | 1.38 % | |
 | Dah Sing Credit Mastermind Instalment Loan | HK$500 | HK$2,640 | HK$104,840 | 4.83 % | |
 | 優尚信貸 結餘轉戶貸款 | - | $4,800 | $104,800 | 4.40 % | |
 | Promise Low Interest Balance Transfer | - | $1,200 | $101,200 | 1.12 % |
Better rates start with knowing your score
See how lenders view your profile — no impact to your record
DBS Debt Consolidation Loan
1. Apply online or by phone
2. Fill in personal and employment information
3. Confirm the information
4. Wait for the approval result
5. Disburse the loan
- Monthly flat rate as low as 0.11% (Annualised percentage rate: 6.38%)
- The Loan Set Up Fee is 2% of the loan amount. The Loan Set Up Fee shall be calculated by reference to the principal amount of the loan at the rate specified by the Bank from time to time and shall be deducted from the loan principal amount upon drawdown of the loan and is non-refundable
- High loan amount up to HK$2,000,000 or 21x monthly salary (whichever is lower)
- Flexible repayment period of up to 84 months
- Reduce interest expense by up to 93%
- No income proof is required
1. HKID card
2. Latest 3 months’ income proof
3. Address proof (issue date within 6 months)
4. Practicing certificate issued by relevant association, if you are a professional (e.g. medical doctor, accountant, lawyer or engineer)
5. Banking statement / passbook showing your name and account number
- APR is calculated in accordance with the guideline issued in respect of the Code of Banking Practice and is rounded to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualized rate. The APR in the above table has included Loan Set Up Fee of 2% in the calculation. Loan Set Up Fee shall be deducted from the loan principal amount upon draw down of the loan and is non-refundable
- Terms and conditions apply. For details, please visit DBS website
- The above information is for reference only, the final approved interest rate, loan amount and instalment period are subject to the financial condition of customers.
- To borrow or not to borrow? Borrow only if you can repay!
- Relevant fee applies if a customer early pays off the Loan. For details, please refer to the Personal Instalment Loan Terms and Conditions.
OCBC Bank Balance Transfer Personal Loan
1. Apply Online
2. Application and Documents Submission: The relationship officer will contact you to complete the application form and submit the required documents.
3. Application Approval: Generally, the application result will be notified within 1 to 2 working days after submitting the documents. Instant approval can also be offered upon request, with the process completed as soon as the same day.
4. Loan Drawdown: Upon completion of loan confirmation process, the fund will be disbursed to your designated bank account via bank transfer or cashier order.
- APR as low as 3.26%
- Loan amount up to HK$2,000,000 or 20X of your monthly salary (whichever is lower)
- Repayment tenor up to 60 months
- Personal Identification Document: HKID card or passport
- Income Proof: Recent pay slip, your bank statement or bank book (with your name and account number) showing your recent income, your recent income tax bill, proof of your last MPF contribution, employment letter or contract, etc.
- Address Proof: Recent bank statement, credit card statement, water bill, telephone bill etc. If your address is shown on your income proof, you will be exempted from submitting the address proof.
- Other documents (if necessary)
- For more details, please click here
- APR is calculated according to the method set out in the relevant guidelines under the Code of Banking Practice issued by the Hong Kong Association of Banks as the basis.
- If the loan amount is $1,500,000 with the monthly flat rate at 0.062%, when approval is obtained from the Bank, the APR for 12 months will be 3.28%, including the handling fee of 1.00% per annum, the total repayment amount will be HK$1,511,160. The loan handling fee is to be paid in full upon loan drawdown.
- Example is for reference only, APR may differ with different loan amounts and tenors.
- For details, please contact our staff.
- To borrow or not to borrow? Borrow only if you can repay!
- Fill in the online application form
- Submit the required documents
- Receive the approval result
- Confirm offer and disburse loan
- Loan amount as high as HK$2,000,000 or 21 times of your monthly salary (whichever is lower)
- Loan tenor as long as 72 months with personalized interest rate
1. HKID card / passport / other identification document
2. Bank statement or passbook showing your latest 1-month income proof (including the copy of front cover page of your passbook which shows your name and account number) or any type of income proof.
Please provide the latest 2-month income proof if you are commission based income earner
3. If you are self-employed, please provide Business registration certificate and the latest profits tax demand note, and
the latest 3-month company account statements
4. Residential address proof showing your name issued within the latest 3 months (e.g. electricity bills or bank statements)
5. Proof of professional qualification (For professionals only)
6. If you are not holder of Hong Kong permanent identity card, please submit passport/ Exit/ Entry Permit for Travelling to and from Hong Kong and Macau/ identity card of place of origin and working visa issued by the Hong Kong SAR Government
7. Full copy of the front cover page of passbook / bank statement of the loan disbursement account
8. Autopay authorization form
9. Loan confirmation letter(s) or latest 1-month statement(s) (showing your name and account number) of credit
card(s) and loan(s) that you wish to transfer to CNCBI $mart Plus Personal Installment Loan – Debt Consolidation
- The APR is calculated in accordance with the practices and methods set out in the relevant guidelines issued by the Hong Kong Association of Banks. An APR is a reference rate which includes the basic interest rate and other applicable fees and charges expressed as an annualized rate. The respective APRs are rounded to the nearest two decimal places.
- Monthly flat rate as low as 0.22% (calculated based on a loan amount of HK$2,000,000 and a loan tenor of 12 months, including a Handling Fee of 1% per annum; APR is 6.93%). The examples are for reference only. The APR will be determined based on the customer's credit rating and other relevant loan approval factors, and CNCBI reserves the final discretion to approve the loan application and to determine the applicable interest rate and handling fee.
- Terms and conditions apply. To borrow or not to borrow? Borrow only if you can repay! Please visit the website.
Standard Chartered Debt Consolidation Program
1. Apply online
2. Upload documents
3. Approve instantly
4. Verify and disburse loan
- Maximum loan amount of up to 24X monthly salary or HK$2,000,000 (whichever is lower);
- Max Loan Repayment Tenure: 84 months; 0% handling fee
1. Hong Kong Permanent Identity Card
2. Latest residential address proof showing your name
3. For regular income earners, please enclose latest 1 month’s computer generated Payroll Slip or latest 1 month’s Bank Statements / Passbook showing name, account number and salary entries;
For irregular income earners, please enclose latest 3 months’ computer generated Payroll Slip or latest 3 months’ Bank Statements / Passbook showing name, account number and salary entries;
For self-employed applicants, please enclose a Business Registration Certificate AND latest Profits Tax Demand Note
- The Annualised Percentage Rates (“APR”) are reference rates which include the basic interest rate and other fees and charges of a product expressed as an annualised rate (if applicable)
- Standard Chartered Bank reserves the right to determine the applicable interest rate and handling fee and acceptance of a loan application, which is to be considered on a case-by-case basis in accordance with the client’s credit records and other relevant factors.
- Eligibility: With fixed annual income of HK$96,000 or above; and Hong Kong permanent residents aged 20 or above
- The monthly flat rate shown above was rounded to 2 decimal places and for reference only.
- To borrow or not to borrow? Borrow only if you can repay!
1. Fill in the application form and submit it together with the required documents.
2. Wait for the loan approval result
3. Disburse the loan
- Repayment term up to 72 months, HK$0 handling fee
- Loan amount of Citi Card Debt Consolidation Loans is up to 21 times of your monthly salary or HK$1,200,000, whichever is lower
- No hidden terms and conditions
1. HK Identity Card
2. Income proof,
e.g. latest month's payroll slip, latest salary tax demand note, latest MPF contribution proof or latest three months' payroll account bank statement/account passbook (with first page showing your name and account number)
3. Latest three months' full set of main bank statement/account passbook (with first page showing your name and account number)
4. Latest residential address proof (e.g. electricity bill or bank statement)
5. Any other documents or certificates deemed appropriate.
- The annualized percentage rate (“APR”) ranges from 8.87% to 35.78%, with repayment period of 6 to 72 months.
- The Annualized Percentage Rate ("APR") of as low as 8.87% is calculated based on the monthly flat rate 0.39% with loan amount of HK$1,200,000 and repayment tenor of 12 months.
- The Annualized Percentage Rate ("APR") of as low as 35.78% is calculated based on the monthly flat rate 1.46% with loan amount of HK$100,000 and repayment tenor of 18 months.
- APR is calculated based on the guidelines as set out in the Code of Banking Practice and rounded up to the nearest two decimal places. Interest is calculated on the basis of 365 days per year. The actual APR applicable may differ, which is to be considered on a case-by-case basis in accordance with customer’s profile. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate. The maximum APR will change and subject to monthly flat rate amendment. The Bank reserve the right to amend the monthly flat rate and APR. The loan application is subject to the Bank’s approval. For a loan amount of HKD200,000 with 12 months repayment period, the monthly flat rate is 0.46% (APR 10.52%), and the total loan repayment amount is HK$211,044 (including full handling fee waiver). The above example is for reference only.
Remarks:
- Loan amount of Citi Card Debt Consolidation Loans is up to 21 times of your monthly salary or HK$1,200,000, whichever is lower.
- Repayment period of Citi Card Debt Consolidation Loans is of 6 to 72 months.
To borrow or not to borrow? Borrow only if you can repay!
CCB (Asia) “Low Interest” Balance Transfer Program
1. Fill out the form and submit your documents
2. Dedicated follow-up and approval updates
3. Get your loan in no time!
- Monthly flat rate as low as 0.22%, APR as low as 4.95%
- Repayment period up to 84 months
- Loan amount up to HK$2,000,000 or 21 times the monthly salary (whichever is lower)
- Handling fee wavier
- Hong Kong Identity Card
- Income proof
- Latest month's payroll slip
- Latest salary tax demand note, latest MPF contribution proof or latest three months' payroll account bank statement/account passbook (with first page showing your name and account number)
- Latest three months' full set of main bank statement/account passbook (with first page showing your name and account number)
- Latest residential address proof (for example: electricity bill or bank statement)
- Application Eligibility:
-
Aged 18 or above and a Hong Kong Permanent Resident
-
Annual salary of HK$64,000 or above
-
At least 6 months in current employment
-
- The Annualized Percentage Rate (“APR”) 4.95% is calculated based on 12 months repayment period and loan amount of HK$2,000,000 with monthly flat rate of 0.22%
-
To borrow or not to borrow? Borrow only if you can repay!
-
The above example is for reference only. The actual APR, total interest and repayment amount may vary for individual customer and subject to the loan amount, repayment period and credit condition of the customer, please contact the staff of the Bank for details.
- Apply using the coupon from entering the promo code to receive up to HKD 20,888 cash reward
- Clear all your credit card bills, loans, and card instalments at once
- Get approved 24 x 7
- Enjoy a 7-day Cooling-off Period
- During the promotion period, users can input the promotion code to get 4 Loan Cash Coupons applicable to different loan amounts. Upon successful drawdown of Debt Changer with a loan amount of HKD 60,000 or above & a tenor of 12 months or above, or HKD 200,000 – HKD 399,999, HKD 400,000 – HKD 799,999, and HKD 800,000 – HKD 1,500,000 & a tenor of 24 months or above and with the coupon, the user can get an HKD 500, HKD 1,888, HKD 6,888, and HKD 20,888 cash reward respectively after the completion of the 7-day Cooling-off Period. The coupons are valid for 14 days after the user enters the code during the loan application.
- The terms of usage, including validity period, applicable products, loan amount, tenor, amount of cash reward and other terms, are listed on each cash coupon. For the details of the cash coupon and the relevant terms and conditions, users can refer to the ZA Bank App > “Explore” > “My Coupon” within the validity period.
- To earn the cash reward listed on the cash coupon, users must use the cash coupon to apply and draw down designated Debt Changer within its validity period according to the terms listed on the coupon, and must not early settle the loan within the 7-day Cooling-off Period.
- Only one coupon can be used in a loan application. The coupon will be written off after successful drawdown of the Loan. Even if your loan application meets the criteria for multiple coupons, you can only apply one of the coupons during confirmation of loan drawdown and receive only that one reward.
- * The final approved loan amount, interest rate and tenor may vary depending on the individual circumstances and the final assessment of the bank.
- A consolidated loan to clear all your debts to reduce interest expense for you
- Minimize your interest expenses
- Flexible repayment terms
- Tailor-made interest rate
- Loan amount of up to HK$2,000,000
- Flexible repayment term of up to 60 months; No handling fee
- "MGM Program": Up to HK$60,000 for successful referral. Enjoy unlimited rewards with more referrals!
1. Hong Kong Identity Card
2. Recent income proof, e.g., payroll slip, tax demand note, monthly bank account statement/passbook with your salary or MPF statement
3. Employment proof
4. Current residential proof, e.g. utility bills, bank statement
- ^Cash Reward Offer is subject to terms and conditions. For details, please click here.
-
New and existing customers refer to the customers who have not any loan transaction with the Company in the past 24 months from the date of application. For e-Cash Revloving Loan applicants who open account, before Personal Instalment Loan application, within the Promotion Period is granted for exemption to entitle the above reward.
-
New and existing customer is entitled for the Welcome Offer if the following requirements are satisfied within the Promotion Period:
-
The account opening cash reward^ only applicable to New Customers who successfully opened an e-Cash Revolving Loan Account
-
New and existing customers who successfully drawdown personal instalment loan are eligible to drawdown the cash reward^, and such reward shall be calculated according to the amount of personal instalment loan
-
-
Loan approval and electronic transfer service is available from Monday to Friday (9:00am-6:30pm), Saturday (9:00am-12:30pm) and except to Sunday & public holidays. The actual date of transfer is subject to the transfer servicing hours of each individual bank.United Asia Finance Limited reserves the right to make final decision on loan approval
-
United Asia Finance Limited reserves the right to make final decision on loan approval
-
Warning: You have to repay your loans. Don't pay any intermediaries.
-
Enquiry and Complaint Hotline: 2681 8888
-
Money Lender’s Licence No.: 843/2026
1. Apply through WeLab Bank app
2. Upload documents
3. Verify and get approval
4. Disburse loan
- APR as low as 4.11%*
- Loan amount up to HK$1,500,000 or up to 25x monthly salary (whichever is lower)
- Enjoy up to HK$31,688 rewards upon successful application and drawdown of specified loan amount
- The whole process is done by mobile phone, you can borrow without leaving home or showing up
- Intelligent calculation help you clear your card debt in one go, saving up to 97% on interest^ and instantly reducing payment pressure. Clear it all from a new perspective!
- Tailor a personalized repayment plan for you to centralize card debts and pay off the debts in one go
- Loan tenor options available up to 72 months
Employed - Regular Income:
Latest 1 month income proof, and
A recent address proof issued within the last 3 months
Freelancer or Employed - Variable income:
Latest 6 months income proof, and
A recent address proof issued within the last 3 months
Business Owner:
Latest 3 months personal bank statement, and
Latest 6 months company bank statements or salary tax demand note, and
A recent address proof issued within the last 3 months
- *The APR is only applicable to designated loan amount and tenor and for reference only. The final approved interest rate will be subjected to the bank’s approval. Assume the loan amount as HKD1,000,000 with tenor of 24 months, the APR will be 4.11% (excluding cash rebate). The APR is calculated according to the guidelines issued in respect of the Code of Banking Practice and rounded to the nearest 2 decimal places and may vary for individual customers. Customers should refer to their loan confirmation letters for the relevant information and such information shall prevail.
- ^The comparison of interest is assuming HKD 200,000 outstanding balance of credit card with below examples. Example of credit card is calculated based on annual interest of 31% charged by general credit card on a monthly repayment of 1% of the credit card outstanding balance or HKD 200 (whichever is higher) over a 407 months repayment period and the Annualized Percentage Rate ("APR") is 36.01%. Example of WeLab Bank Card Debt Consolidation Loan is calculated based on a monthly flat rate of 0.18% with 33 months loan repayment period for the loan, the APR is 4.11% (rounded up to two decimal places). The above examples are for reference only. The APR, loan amount and tenor subject to credit approval.
- Same day disbursement at the earliest: The estimated period is calculated from the day the loan agreement is signed. The actual approval period and the actual time the loan is disbursed may vary upon information provided by the applicants.
- The final approved loan amount, interest rate and loan tenor are subject to the credit approval.
- To borrow or not to borrow? Borrow only if you can repay!
PrimeCredit Balance Transfer
- "PrimeCredit Balance Transfer Analyst" provides a professional analysis of your current card and loan indebtedness, and tailor-make the most interest-saving and fastest repayment plan for your needs
- No handling fee, no early settlement fee
- Repayment terms up to 72 months
- Online application with instant approval result
- Only applicable to eligible customers. For more loan and offer details, please visit the PrimeCredit website
- All examples and information of interest rate are for reference only, and final approval is subject to actual circumstances of individual personal loan applicant
Warning: You have to repay your loans. Don't pay any intermediaries
Enquiry and Complaint Hotline: 2111 2999
Money Lender's Licence No.: 608/2026
- No credit report check, not affecting credit rating
- No need to appear in person, instant cash transfer
- 7-days cooling-off period
- Loan amounts up to HK$200,000
- Repayment tenor of 3, 6, 9, 12, 18 or 24 months
- For example, if the loan amount is HK$200,000 with repayment period in 24 months, the Effective Rate (calculated using relevant guidelines from the Hong Kong Association of Banks) are 8% respectively. In this case, the monthly repayment amount and the total interest paid over the loan period would be HK$9,027.78 and HK$16,666.72 respectively.
- The effective rate is a reference rate that displays the loan interest rate and other fees on an annualized basis. The effective rate is calculated using the method specified in the Money Lenders Ordinance, calculating the annual interest rate on the same basis. All accredited Hong Kong lending companies use the same set of calculation rules and settings.
-
There is no drawdown fee or annual fee for this loan product. If the loan instalment is not fully repaid on the due date, a fixed late fee of HK$300 and late interest will be charged for each overdue instalment.
-
Applicants must be Hong Kong permanent residents aged 18 or above, provide a Hong Kong local mobile phone number and have an average monthly salary of HK$5,000.
-
Effective Rate as low as 1.98%-36.00% in general
- Terms and Conditions apply.
-
Warning: You have to repay your loans. Don't pay any intermediaries
-
Inquiries and complaints hotline: 6369 2338
-
Money Lender‘s Licence Number: 577/2026
-
VCREDIT Finance Limited
- Loan eligibility is restricted to selected customers subject to the CreFIT’s approval
- Incognito mode quotation with no impact on credit rating#, No income proof required
- Repayment tenor of 6, 12, 18, 24, 30, 36, 42 or 48 months
- Loan amounts up to HK$500,000
- No extra and hidden fee
- Complete the CreFIT Debt Consolidation application and obtain approval within one business day
(1) HKID Card
(2) Mobile phone
- For example, if the loan amount is HK$200,000 with repayment period in 24 months, the Effective Rate (calculated using relevant guidelines from the Hong Kong Association of Banks) are 8% respectively. In this case, the monthly repayment amount and the total interest paid over the loan period would be HK$9,027.78 and HK$16,666.72 respectively.
- The effective rate is a reference rate that displays the loan interest rate and other fees on an annualized basis. The effective rate is calculated using the method specified in the Money Lenders Ordinance, calculating the annual interest rate on the same basis. All accredited Hong Kong lending companies use the same set of calculation rules and settings.
- There is no drawdown fee or annual fee for this loan product. If the loan instalment is not fully repaid on the due date, a fixed late fee of HK$300 and late interest will be charged for each overdue instalment.
- CreFIT Cash Loan Applicant Requirements: Aged 18 or above, Hong Kong Permanent Resident, Hong Kong local mobile phone number, Average monthly salary of HK$5,000
- Effective Rate as low as 1.38%-36.00% in general
- Terms and Conditions apply
-
Warning: You have to repay your loans. Don't pay any intermediaries.
- Inquiries and complaints hotline: 6369 2338
- Money Lender's Licence No.: 577/2026
- VCREDIT Finance Limited
Dah Sing Credit Mastermind Instalment Loan
- Apply via Dah Sing Bank website / mobile app
- Upload documents
- Get approval result
- Confirm and loan drawdown
- Monthly flat rate as low as 0.11%#
- Loan approval and drawdown as quick as 24 hours
- Loan amount up to HK$2,000,000 or 23 times your monthly income (whichever is lower)
- Interest savings up to 86%*
- Cash out up to 8 times monthly income
- HKID Card
- Latest 1 month's income proof
- Latest 3 months' proof of current residence
- Proof of employment
- The Promotion period is valid from now till 31 December 2026 (both dates inclusive)
- # The interest rate offer of as low as 0.11% monthly flat rate is only applicable to "Selected Customers". Assuming that the loan amount is HK$1,000,000, with a 72-month tenor and 0.11% monthly flat rate, APR including the loan handling fee of 1.1% p.a. is 4.83%. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate.
- Subject to relevant terms and conditions. For details, please visit Dah Sing Bank website. In the event any conflict or discrepancy between the Chinese versions and English version of this page, the English version shall prevail.
- To borrow or not to borrow? Borrow only if you can repay! The service(s) / product(s) mentioned herein is / are not targeted at customers in the EU.
- *The example of interest savings up to 86% is for reference only. Please refer to the Terms and Conditions of Credit Mastermind Instalment Loan for details.
Promise Low Interest Balance Transfer
Get more smart financial tips
Subscribe now and we'll send you the most relevant financial articles and other practical methods to your email to help you manage your wealth more effectively.