Balance Transfer Program

Consolidate credit card debts and loans

Consolidate credit card debts and loans to save on considerable interest expense and lower your total repayment amount, as well as obtaining extra cash to regain financial freedom.


Key Facts Statement (KFS) for Instalment Loan

Loan Features

  • Loan amount up to HK$1.2 million or 21 times your monthly salary (whichever is lower)

  • Handling fee waiver

  • Repayment tenor up to 84 months

Blank - No value Current Credit Card Outstanding * CCB (Asia) Balance Transfer Program ^ Blank - No value
Loan amount HK$500,000 HK$500,000
Monthly repayment amount HK$24,076 HK$22,084 Monthly repayment amount reduced by 8%
Repayment period 275 months 24 months Repayment period shorten to 251 months
Total interest expense HK$524,404 HK$30,016 Savings of interest expense by 94%

Notes: The above example is for reference only


* Assuming the total outstanding loan amount is HK$500,000 and interest rate is 30% per annum (Annualized Percentage Rate ("APR") is 34.49%. The repayment period and total interest expense are calculated based on the minimum payment of 5% of the monthly outstanding amount. The monthly repayment amount is the average of the first 6 months repayment.

^ Assuming the loan amount is HK$500,000, repayment period is 24 months, no handling fee and at an interest rate of 0.25% per month (APR is 5.81%). The above interest rate, monthly repayment amounts, loan tenor and interest savings may vary for individual customer and is subject to customer's loan status and final approval of the Bank.

The APR is calculated according to the standard of Hong Kong Association of Banks and is rounded up/down to the nearest two decimal places. An APR is a reference rate which includes the basic interest rates and other applicable fees and charges of the product expressed as an annualized rate. Interest is charged daily and calculated on the basis of 365 days per year.

For more tips and information, you may refer to our Key Facts Statement (KFS) for Installment Loan or Financial Tips of this website.

Application Requirements

  • A Hong Kong permanent resident aged 20 or above

  • Minimum annual income of HK$ 64,000

  • Be employed for at least 6 months at the current job


Document Requirement

  • To apply for our Balance Transfer Program, please submit the following documents:
  • Copy of Hong Kong Permanent Identity Card

  • Proof of income

    • The latest month's salary slip

    • The latest 3 months' payroll account bank statement / account passbook (with the first page showing your name and account number)

    • The latest Salary Tax / Profit Tax Demand Note

    • The latest 1 month’s Mandatory Provident Fund statement

  • Proof of residential address dated within the last 3 months

  • Any other document (upon request)


For more tips and information, you may refer to our Key Facts Statement (KFS) for Installment Loan or Financial Tips of this website.



To borrow or not to borrow? Borrow only if you can repay!