Profit calculation from transferring your credit card balance to HSBC

Profit calculation from transferring your credit card
balance to HSBC

 

 

 

The credit card balance transfer program* from HSBC stands out for the competitive interest rate, the payment flexibility, the fast procedures and for the benefits that offers.

Specially, we offer you the possibility to transfer your credit card balances from other banks to HSBC with the following interest rate:

5,99%** until the transferred balance is paid off

Annual Percentage Rate of Change (APR): For the balance transfer of €3.000, repaid in 12 equal interest bearing instalments, with interest rate 5.99%, with annual fee for the main card accounted for in the first payment + plus the Law 128/1975 levy 0.60% = 7.70%. Therefore, for a balance transfer of Euro 3,000 the total payment is Euro 3,120.61.

* Balance transfer is not offered for the U Start! Credit Card
** Plus 0,60% contribution of Law 128/75; applies until final repayment of the transferred balance for as long as the card remains valid and duly paid.