HSBC personal loan reviews

HSBC
HSBC's overall rating for personal loans

(as rated by the Mozo community)

7.0 / 10

based on 4 reviews

Price

Features

Customer service

Convenience

Trust

Featured personal loan from HSBC

HSBC Unsecured Personal Loan (Fixed)

interest rate

9.50% p.a.to 15.99% p.a.

comparison rate*

10.06% p.a.to 16.53% p.a.based on $30,000
over 5 years

fees

$150.00upfront and $5.00/month
Go to site

Recent HSBC personal loan reviews

HSBC

HSBC personal loan review

Overall rating   4 / 10

They are only interested in a bit more money

If I pay off the loan early I pay a fee. As I am paid fortnightly, I am paying half of my monthly repayment each fortnight but the are two months in the year when there are three fortnightly pays. I must be going to pay my loan early and so the...

Full review

If I pay off the loan early I pay a fee. As I am paid fortnightly, I am paying half of my monthly repayment each fortnight but the are two months in the year when there are three fortnightly pays. I must be going to pay my loan early and so the bank when make the early payment fee.

    Price   6 / 10

    Features   3 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   4 / 10

Less

Malcolm (NSW), reviewed about 3 years ago

HSBC

HSBC personal loan review

Overall rating   7 / 10

Very satisfactory

The Bank is trustworthy and operates very professionally and has access world wide. A good bank to deal with.

Full review

The Bank is trustworthy and operates very professionally and has access world wide. A good bank to deal with.

    Price   5 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   5 / 10

    Trust   7 / 10

Less

Barry (WA), reviewed almost 4 years ago

HSBC

HSBC personal loan review

Overall rating   7 / 10

Local knowledge, global reach

Little waiting time in branches, customer service in store is precise and value added. Competitive sales and products and knowledge of personal/business banking solutions for Australia and world is outstanding.

Full review

Little waiting time in branches, customer service in store is precise and value added. Competitive sales and products and knowledge of personal/business banking solutions for Australia and world is outstanding.

    Price   6 / 10

    Features   8 / 10

    Customer service   7 / 10

    Convenience   3 / 10

    Trust   7 / 10

Less

Mozo reviewer (VIC), reviewed almost 5 years ago

HSBC

HSBC personal loan review

Overall rating   9 / 10

Interest free

Very good product from HSBC with interest free personal loan.

Full review

Very good product from HSBC with interest free personal loan.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Bob (QLD), reviewed about 5 years ago

HSBC

HSBC personal loan review

Overall rating   7 / 10

All laid out in clear English

Convenient to use their cards at most stores/retailers.

Full review

Convenient to use their cards at most stores/retailers.

    Price   4 / 10

    Features   2 / 10

    Customer service   4 / 10

    Convenience   4 / 10

    Trust   9 / 10

Less

Grant (VIC), reviewed over 5 years ago

HSBC

HSBC personal loan review

Overall rating   0 / 10

Grrr

Most difficult and misleading bank I have ever dealt with.

Full review

Most difficult and misleading bank I have ever dealt with.

    Price   0 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Paul (VIC), reviewed over 5 years ago

HSBC

HSBC personal loan review

Overall rating   8 / 10

They have been wonderful from the very first day. Application was easy and they never hassle you by constant call that other banks do.

Full review

They have been wonderful from the very first day. Application was easy and they never hassle you by constant call that other banks do.

    Price   3 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   2 / 10

    Trust   8 / 10

Less

Tamara (VIC), reviewed almost 7 years ago

HSBC

HSBC personal loan review

Overall rating   10 / 10

It was so good to have your bank grant you a personal loan within a couple of weeks of arriving as an immigrant all very new to the situation. Great stuff.

Full review

It was so good to have your bank grant you a personal loan within a couple of weeks of arriving as an immigrant all very new to the situation. Great stuff.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

John (QLD), reviewed about 7 years ago

HSBC

HSBC personal loan review

Overall rating   5 / 10

This was a great bank product. Happy with the service.

Full review

This was a great bank product. Happy with the service.

    Price   4 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   4 / 10

    Trust   -1 / 10

Less

Justin (VIC), reviewed almost 8 years ago

HSBC

HSBC personal loan review

Overall rating   5 / 10

The debt monthly calculation (of fixed interest rate loan) is not clear. I am not sure how they calculate it each month as it is always different. It needs to be clear so customers feel secure with them. I feel that I pay more than what the...

Full review

The debt monthly calculation (of fixed interest rate loan) is not clear. I am not sure how they calculate it each month as it is always different. It needs to be clear so customers feel secure with them. I feel that I pay more than what the interest rate was supposed to be.

    Price   3 / 10

    Features   2 / 10

    Customer service   6 / 10

    Convenience   8 / 10

    Trust   5 / 10

Less

Rima (ACT), reviewed almost 8 years ago

HSBC

HSBC personal loan review

Overall rating   9 / 10

Very easy to apply on-line to get a personal loan from HSBC. Very straight forward. Customer service was immediate and it was easy to deal with staff.

Full review

Very easy to apply on-line to get a personal loan from HSBC. Very straight forward. Customer service was immediate and it was easy to deal with staff.

    Price   9 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Susan (QLD), reviewed over 8 years ago

HSBC

HSBC personal loan review

Overall rating   1 / 10

The customer service that HSBC provides to its personal loan customers is poor.

Full review

The customer service that HSBC provides to its personal loan customers is poor.

    Price   5 / 10

    Features   4 / 10

    Customer service   0 / 10

    Convenience   1 / 10

    Trust   1 / 10

Less

Sunita (NSW), reviewed over 9 years ago

HSBC

HSBC personal loan review

Overall rating   6 / 10

    Price   6 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   7 / 10

Less

Mozo reviewer (QLD), reviewed over 9 years ago

HSBC

HSBC personal loan review

Overall rating   3 / 10

    Price   5 / 10

    Features   4 / 10

    Customer service   5 / 10

    Convenience   0 / 10

    Trust   5 / 10

Less

Mozo reviewer (WA), reviewed over 9 years ago

HSBC

HSBC personal loan review

Overall rating   8 / 10

    Price   9 / 10

    Features   5 / 10

    Customer service   6 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Mozo reviewer (VIC), reviewed over 9 years ago

HSBC

HSBC personal loan review

Overall rating   5 / 10

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   5 / 10

Less

Mozo reviewer (VIC), reviewed over 9 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Personal loan comparisons on Mozo - rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2016

    RateSetter Unsecured Personal Loan (Fixed)

    RateSetter Unsecured Personal Loan (Fixed)

    • Low rates for borrowers with good credit
    • 1 min rate estimate, simple online application
    • No exit fees, no early repayment fees

    interest rate

    8.42% p.a.

    comparison rate*

    10.97% p.a.based on $10,000
    over 3 years

    fees

    $220.00upfront
    and
    $5.00/month

    		 Go to site

    More info

    Terms from 1 to 5 years. Representative example: a 3 year $10,000 loan at 8.42% would cost $11,750.97 including fees.
    • Low rates for borrowers with good credit
    • 1 min rate estimate, simple online application
    • No exit fees, no early repayment fees
    • Other benefits:
    • Upfront fee: $220
    • Monthly fee: $5.00
    • Exit fee: $0.00
    • Repayment options: Monthly
    • Security required: Unsecured
    • Minimum loan amount: $2,001.00
    • Maximum loan amount: $45,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 5 Years
    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2016

    Harmoney Unsecured Personal Loan (Fixed)

    Harmoney Unsecured Personal Loan (Fixed)

    • Up to $70,000, unsecured. Fast, easy & 100% online
    • No hidden fees or early repayment penalties with Australasia's leading marketplace lending website
    • You're unique, so is your interest rate

    interest rate

    6.99% p.a.to 26.95% p.a.

    comparison rate*

    7.69% p.a.to 28.21% p.a.based on $30,000
    over 5 years

    fees

    $500.00upfront
    and
    $0.00/month

    		 Go to site

    More info

    Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 6.99% would cost $36,133.67 including fees.
    • Up to $70,000, unsecured. Fast, easy & 100% online
    • No hidden fees or early repayment penalties with Australasia's leading marketplace lending website
    • You're unique, so is your interest rate
    • Other benefits:
    • Upfront fee: $500
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Unsecured
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $70,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 5 Years
    Need more information?
    Go to site

    More info

  • HSBC Unsecured Personal Loan (Fixed)

    HSBC Unsecured Personal Loan (Fixed)

    • Apply online and get an instant response in 60 seconds
    • Borrow from $5,000 up to $50,000
    • Fixed set monthly repayment terms to help you manage your budget

    interest rate

    9.50% p.a.to 15.99% p.a.

    comparison rate*

    10.06% p.a.to 16.53% p.a.based on $30,000
    over 5 years

    fees

    $150.00upfront
    and
    $5.00/month

    		 Go to site

    More info

    Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 9.50% would cost $38,253.35 including fees.
    • Apply online and get an instant response in 60 seconds
    • Borrow from $5,000 up to $50,000
    • Fixed set monthly repayment terms to help you manage your budget
    • Other benefits:
    • Upfront fee: $150
    • Monthly fee: $5.00
    • Exit fee: $0.00
    • Repayment options: Monthly
    • Security required: Unsecured
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $50,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 5 Years
    Overall rating

    7.0

    Based on 4 HSBC personal loan reviews

    Need more information?
    Go to site

    More info

  • ANZ Unsecured Personal Loan (Fixed)

    ANZ Unsecured Personal Loan (Fixed)

    • A Fixed Personal Loan with terms from 1 to 7 years
    • 60 Sec. Response time
    • Borrow up to $50,000

    interest rate

    10.99% p.a.

    comparison rate*

    11.87% p.a.based on $30,000
    over 5 years

    fees

    $150.00upfront
    and
    $10.00/month

    		 Go to site

    More info

    Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 10.99% would cost $40,177.39 including fees.
    • A Fixed Personal Loan with terms from 1 to 7 years
    • 60 Sec. Response time
    • Borrow up to $50,000
    • Other benefits: ANZ Loan Protection Insurance available.
    • Upfront fee: $150
    • Monthly fee: $10.00
    • Exit fee: $300.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Unsecured
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $50,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    Overall rating

    7.1

    Based on 453 ANZ personal loan reviews

    Need more information?
    Go to site

    More info

  • CUA Discount Unsecured Personal Loan (Variable)

    CUA Discount Unsecured Personal Loan (Variable)

    • $0 establishment fee (save $120) for a limited time only. Conditions apply
    • No penalties for early payout or extra repayments. Free redraw.
    • No monthly fees

    interest rate

    10.89% p.a.

    comparison rate*

    10.89% p.a.based on $30,000
    over 5 years

    fees

    $0.00upfront
    and
    $0.00/month

    		 Go to site

    More info

    Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 10.89% would cost $39,037.69 including fees.
    • $0 establishment fee (save $120) for a limited time only. Conditions apply
    • No penalties for early payout or extra repayments. Free redraw.
    • No monthly fees
    • Other benefits:
    • Upfront fee: $0
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Unsecured
    • Minimum loan amount: $30,000.00
    • Maximum loan amount: $60,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    Overall rating

    7.7

    Based on 25 CUA personal loan reviews

    Need more information?
    Go to site

    More info

Want more? Compare all 195 personal loans in the Mozo comparison engine.

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*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are for the amounts and terms quoted, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans, and apply only to these examples. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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