WeLab Bank Personal Instalment Loan

Great for

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  [Offers 1 & 2] Customer is entitled to up to HK$5,000 WeLab Bank Cash Rebate Offer & MoneyHero Exclusive Offer upon the following requirements are satisfied

  Successfully applied and drawdown the Personal Instalment Loan from WeLab Bank with entered the referral code "NLHERO" from 1 April 2023 to 30 April 2023 to enjoy:

  	WeLab Bank Cash Rebate Offer	MoneyHero Exclusive Offer
  Drawdown Loan Amount	Tenor 24 months or above
  HK$700,000 to HK$1,500,000	HK$3,000	HK$2,000 supermarket coupon
  HK$300,000 to HK$699,999	HK$600	HK$500 supermarket coupon
  HK$80,000 to HK$299,999	HK$300	/

  How to redeem MoneyHero exclusive offer?

  • Note down your application reference number for reference. You will be asked to upload all required documents when you apply the card to facilitate the approval process.
  • Within 7 days of receiving the email, complete the redemption form sent via email for verification and follow-up. MoneyHero will verify your reward eligibility with WeLab Bank.
  • Tips:
    • Please turn off AdBlocker and private mode before application: 3 settings to ensure coupon reward eligibility
  • Terms and Conditions apply
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  [Offer 3] Loan-Deposit-Link Offer

  • Customers, from now till 30 June 2023, who successfully apply for and draw down a particular loan amount can enjoy a 1.5% p.a. saving rate
  • Terms and conditions apply
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  Product Features

  • WeLab Bank understands your needs. With our exclusive "Loan Masters", we can base on your basic requirement on personal loan, provide personalized solutions out of hundreds of thousands of combinations, then provide you with 2 more flexible plans apart from the basic plan:
    • Basic Plan: according to your basic requirement on loan
    • Smooth Plan:  lower monthly repayment amount
    • Bonus Plan: Larger loan amount to ensure you have sufficient funds
  • APR as low as 1.68% (monthly flat rate: 0.07%); HK$0 handling fee
  • Same day disbursement at the earliest
  • Borrow up to HK$1,500,000 or 18 times your monthly salary, whichever is lower
  • Flexible repayment period from 6 months to 60 months
  • The whole process is done by mobile phone, you can borrow without leaving home or showing up

Need to know

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  Things you need to know

  • 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.
  • For a loan of HK$700,000 with 24 months repayment period, the APR is 1.68%
  • The APR is only applicable to the designated loan amounts and tenor and is for reference only. The final approved APR is subject to the Bank's assessment and confirmation. For HK$700,000 loan amount and 24-month loan tenor, the applicable APR is 1.68%. The APR is calculated according to the guidelines issued in respect of the Code of Banking Practice and rounded to the nearest two decimal places and may vary for individual customers. Customers should refer to the loan confirmation letters for the relevant information and such information shall prevail.
  • To borrow or not to borrow? Borrow only if you can repay!