WeLab Bank Personal Loan Comparison: Latest Interest Rates and Offers at a Glance
Updated: 15 Oct 2025
1. Apply through WeLab Bank app
2. Upload documents
3. Verify and get approval
4. Disburse loan
- Enjoy up to HK$29,287 rewards upon successful application and drawdown of specified loan amount
- Loan amount up to HK$1,500,000 or up to 18x monthly salary (whichever is lower)
- Civil Servants and Professionals can enjoy interest rates as low as 0.75%* APR, including but not limited to civil servants, doctors, nurses, dentists, pharmacists, lawyers, accountants, engineers, actuaries, teachers, social workers, professionals with professional licenses or certifications, and any staff employed by public sector, Airport Authority and Hospital Authority. WeLab Bank Limited reserves the final right of interpretation on the above definition.
- **After get your loan in 1 day at the earliest with HKD 0 handling fee
- Smart Management in 1 App - Complete loan applications, approvals, and management in 1 app, truly simple and convenient!
- Intelligent Financial Health Analysis - Free and unlimited access to credit score assessments.^
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 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 above APR is applicable for designated loan product with loan amount as HKD 283,000 with tenor of 24 months, the APR will be 0.65% (including a cash rebate of HKD 3,000) or 1.68% (without any cash rebate) and total repayment amount will be HKD 287,924.20. 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. The APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualized rate. The final APR offered is subject to the applicant’s application information, personal credit record, and the final approval process.
- We reserve the right to request customers to provide additional supporting documents for the loan application. The actual time for loan approval and the loan disbursement may vary depending on the information provided by the customer and are subject to the credit assessment result. Any loan application is subject assessment against normal lending criteria.
- ^Subject to terms and conditions. Customers must meet specified requirements, and actual circumstances may vary depending on individual situations. For details, please refer to the relevant terms and conditions on the WeLab Bank official website.
- To borrow or not to borrow? Borrow only if you can repay!
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!
1. Apply through WeLab Bank app
2. Upload documents
3. Verify and get approval
4. Disburse loan
- APR as low as 0.65%*
- Skip the complicated paperwork. Complete the loan process in as few as 3 steps with fast approval
- HKD 0 handling fee
- Intelligent Financial Health Analysis- Free + Unlimited access to your credit rating
- **After get your loan in 1 day at the earliest with HKD 0 handling fee
- Loan-Deposit-Link up to 5.0% high-interest savings account offer, for you to easily earn some extra interest!
No more complicated procedures or documents required
-
Skip the complicated paperwork. Complete the loan process in as few as 3 steps with fast approval
-
Loan-Deposit-Link up to 5.0% high-interest savings account offer , for you to easily earn some extra interest!
-
Intelligent Financial Health Analysis - Free + Unlimited access to your credit rating
-
The above APR is applicable for designated loan product with loan amount as HKD 283,000 with tenor of 24 months, the APR will be 0.65% (including a cash rebate of HKD 3,000) or 1.68% (without any cash rebate) and total repayment amount will be HKD 287,924.20. 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. The APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualized rate. The final APR offered is subject to the applicant’s application information, personal credit record, and the final approval process.
-
We reserve the right to request customers to provide additional supporting documents for the loan application. The actual time for providing loan plan, loan approval and the loan disbursement may vary depending on the information provided by the customer and are subject to the credit assessment result. Any loan application is subject to assessment against normal lending criteria.
-
The TransUnion credit rating and related content are for reference only. WeLab Bank shall have no liability or responsibility relating to any aspect of or disputes arising from the use the Intelligent Financial Health Analysis. Users must use WeLab Bank App and hold a valid WeLab Bank core account, and agree to the relevant terms and conditions each time.
-
For up to HK$18,888 Cash rebate and Loan-Deposit-Link Offer, subject to Terms and Conditions, please refer to the WeLab Bank website for details.
-
To borrow or not to borrow, Borrow only is you can repay!
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.