Loans — true APR

What does this personal loan actually cost?

A flat monthly rate looks small because interest is charged on the original principal for the whole tenor. Type an amount and a tenor. This page ranks by true APR, and by interest plus fees.

Loan amount

HK$

Tenor (months)

Using HK$100,000 over 24 months

See the loan board

These personal loans are illustrative samples for trying true APR and total interest plus fees. They are not approvals and they are not offers.

Sample last reviewed 10 Oct 2026

TrueCash only compares and illustrates. It is not a loan broker, it does not take applications, and it does not approve anything.

Ranked by true APR

All 10 samples fit, lowest true APR first.

The sort assumes you meet the conditions on the row. The handling fee is paid at drawdown and is not added to the principal. Early-repayment charges are notes only. They are not in the APR.

1
Major bank
Hang Seng Bank
Personal Instalment Loan
4.02%True APR
Lowest true APR on this scenario
Flat 0.13% a month · Handling fee 1.00%
- Income proof
- Handling fee
- Early-repayment fee
Monthly payment
HK$4,296.67
Interest plus fees
HK$4,120.00
Handling fee
HK$1,000.00
Net proceeds
HK$99,000
Monthly payment HK$4,296.67. The handling fee of HK$1,000.00 comes off at drawdown, so you receive HK$99,000. Interest plus fees total HK$4,120.00. True APR 4.02% is the effective annual rate on that net amount. Early-repayment charges are left out.
The flat rate looks low because interest is charged on the original principal for the whole tenor. Income proof applies.
Early repayment. Sample: early repayment may charge a fee on the outstanding principal. Flat interest already paid is not refunded.
Updated 9 Oct 2026Bank site, Hang Seng Bank Personal Instalment Loan, opens in a new tab
2
Major bank
Standard Chartered
Low-Rate Personal Loan
4.06%True APR
Flat 0.11% a month · Handling fee 1.50%
- New customer
- Handling fee
- Early-repayment fee
- Income proof
Monthly payment
HK$4,276.67
Interest plus fees
HK$4,140.00
Handling fee
HK$1,500.00
Net proceeds
HK$98,500
Monthly payment HK$4,276.67. The handling fee of HK$1,500.00 comes off at drawdown, so you receive HK$98,500. Interest plus fees total HK$4,140.00. True APR 4.06% is the effective annual rate on that net amount. Early-repayment charges are left out.
The advertised flat rate is low. This sample charges a 1.50% handling fee at drawdown.
Early repayment. Sample: a new-customer fee waiver may be clawed back if you repay early.
Updated 8 Oct 2026Bank site, Standard Chartered Low-Rate Personal Loan, opens in a new tab
3
Major bank
Bank of China (Hong Kong)
Payroll Personal Loan
4.17%True APR
Flat 0.18% a month · Handling fee 0.00%
- Payroll
- Income proof
- Early-repayment fee
Monthly payment
HK$4,346.67
Interest plus fees
HK$4,320.00
Handling fee
HK$0.00
Net proceeds
HK$100,000
Monthly payment HK$4,346.67. The handling fee of HK$0.00 comes off at drawdown, so you receive HK$100,000. Interest plus fees total HK$4,320.00. True APR 4.17% is the effective annual rate on that net amount. Early-repayment charges are left out.
This sample assumes payroll lands at this bank. There is no handling fee, but the flat rate covers the whole tenor.
Early repayment. Sample: early settlement may add a charge. This page does not fold that charge into the APR.
Updated 10 Oct 2026Bank site, Bank of China (Hong Kong) Payroll Personal Loan, opens in a new tab
4
Major bank
DBS
Personal Loan
4.21%True APR
Flat 0.16% a month · Handling fee 0.50%
- Income proof
- Handling fee
- Early-repayment fee
Monthly payment
HK$4,326.67
Interest plus fees
HK$4,340.00
Handling fee
HK$500.00
Net proceeds
HK$99,500
Monthly payment HK$4,326.67. The handling fee of HK$500.00 comes off at drawdown, so you receive HK$99,500. Interest plus fees total HK$4,340.00. True APR 4.21% is the effective annual rate on that net amount. Early-repayment charges are left out.
A flat rate plus a 0.50% handling fee. The longest tenor in this sample is 48 months.
Early repayment. Sample: the early-repayment fee is 1% of the outstanding principal. The APR does not include that contingent fee.
Updated 5 Oct 2026Bank site, DBS Personal Loan, opens in a new tab
5
Virtual bank
WeLab Bank
WeLab Personal Loan
5.11%True APR
Flat 0.22% a month · Handling fee 0.00%
- Income proof
- Early-repayment fee
Monthly payment
HK$4,386.67
Interest plus fees
HK$5,280.00
Handling fee
HK$0.00
Net proceeds
HK$100,000
Monthly payment HK$4,386.67. The handling fee of HK$0.00 comes off at drawdown, so you receive HK$100,000. Interest plus fees total HK$5,280.00. True APR 5.11% is the effective annual rate on that net amount. Early-repayment charges are left out.
No handling fee, and a higher flat rate. Amount and tenor both have a ceiling.
Early repayment. Sample: early repayment may add a small admin fee. The APR assumes you pay on schedule.
Updated 4 Oct 2026Bank site, WeLab Bank WeLab Personal Loan, opens in a new tab
6
Major bank
HSBC
Personal Instalment Loan
5.84%True APR
5.20% p.a. reducing · Handling fee 0.50%
- Income proof
- Credit check
- Handling fee
- Early-repayment fee
Monthly payment
HK$4,396.10
Interest plus fees
HK$6,006.43
Handling fee
HK$500.00
Net proceeds
HK$99,500
Monthly payment HK$4,396.10. The handling fee of HK$500.00 comes off at drawdown, so you receive HK$99,500. Interest plus fees total HK$6,006.43. True APR 5.84% is the effective annual rate on that net amount. Early-repayment charges are left out.
Income proof and a credit check. These are sample conditions, not an approval standard.
Early repayment. Sample: settling early may claw back a waived fee. Remaining interest follows that bank’s rule, which this page does not compute.
Updated 10 Oct 2026Bank site, HSBC Personal Instalment Loan, opens in a new tab
7
Virtual bank
ZA Bank
ZA Personal Loan
5.96%True APR
5.80% p.a. reducing · Handling fee 0.00%
- Credit check
Monthly payment
HK$4,423.05
Interest plus fees
HK$6,153.31
Handling fee
HK$0.00
Net proceeds
HK$100,000
Monthly payment HK$4,423.05. The handling fee of HK$0.00 comes off at drawdown, so you receive HK$100,000. Interest plus fees total HK$6,153.31. True APR 5.96% is the effective annual rate on that net amount. Early-repayment charges are left out.
Virtual-bank sample. Tenor stops at 36 months and the amount cap is lower. A credit check applies.
Early repayment. Sample: you can repay early with no extra fee, and later interest stops.
Updated 10 Oct 2026Bank site, ZA Bank ZA Personal Loan, opens in a new tab
8
Major bank
Bank of East Asia
Personal Instalment Loan
7.44%True APR
7.20% p.a. reducing · Handling fee 0.00%
- Income proof
- Credit check
Monthly payment
HK$4,486.33
Interest plus fees
HK$7,671.93
Handling fee
HK$0.00
Net proceeds
HK$100,000
Monthly payment HK$4,486.33. The handling fee of HK$0.00 comes off at drawdown, so you receive HK$100,000. Interest plus fees total HK$7,671.93. True APR 7.44% is the effective annual rate on that net amount. Early-repayment charges are left out.
Reducing annual rate, no handling fee. Income proof and a credit check.
Early repayment. Sample: early repayment adds no extra fee and simply stops later interest. That sentence is a sample, not a term.
Updated 7 Oct 2026Bank site, Bank of East Asia Personal Instalment Loan, opens in a new tab
9
Major bank
Citibank
Quick Personal Loan
7.65%True APR
6.40% p.a. reducing · Handling fee 1.00%
- Income proof
- Handling fee
- Early-repayment fee
Monthly payment
HK$4,450.11
Interest plus fees
HK$7,802.56
Handling fee
HK$1,000.00
Net proceeds
HK$99,000
Monthly payment HK$4,450.11. The handling fee of HK$1,000.00 comes off at drawdown, so you receive HK$99,000. Interest plus fees total HK$7,802.56. True APR 7.65% is the effective annual rate on that net amount. Early-repayment charges are left out.
A reducing rate plus a handling fee at drawdown. Income proof applies.
Early repayment. Sample: repaying within the first year may require the handling fee to be repaid.
Updated 6 Oct 2026Bank site, Citibank Quick Personal Loan, opens in a new tab
10
Major bank
Dah Sing Bank
Personal Instalment Loan
9.38%True APR
8.50% p.a. reducing · Handling fee 0.50%
- Income proof
- Handling fee
- Early-repayment fee
Monthly payment
HK$4,545.57
Interest plus fees
HK$9,593.62
Handling fee
HK$500.00
Net proceeds
HK$99,500
Monthly payment HK$4,545.57. The handling fee of HK$500.00 comes off at drawdown, so you receive HK$99,500. Interest plus fees total HK$9,593.62. True APR 9.38% is the effective annual rate on that net amount. Early-repayment charges are left out.
A higher reducing rate, plus a 0.50% handling fee. Income proof applies.
Early repayment. Sample: early settlement costs 2% of the outstanding principal. That fee is not baked into the APR.
Updated 3 Oct 2026Bank site, Dah Sing Bank Personal Instalment Loan, opens in a new tab

Loan board

Personal and instalment loans

Each row shows the headline formula, the fee, the amount and tenor range, and an early-repayment note. A flat rate and a reducing rate are not comparable on their own.

This table is sorted by lender name. The calculator above ranks by true APR.

Major bank
Bank of China (Hong Kong)
Payroll Personal Loan
Flat 0.18% a month
Handling fee 0.00%
HK$30,000–HK$800,000 · 12–48 months
- Payroll
- Income proof
- Early-repayment fee
This sample assumes payroll lands at this bank. There is no handling fee, but the flat rate covers the whole tenor.
Sample: early settlement may add a charge. This page does not fold that charge into the APR.
Updated 10 Oct 2026Bank site, Bank of China (Hong Kong) Payroll Personal Loan, opens in a new tab
Major bank
Bank of East Asia
Personal Instalment Loan
7.20% p.a. reducing
Handling fee 0.00%
HK$20,000–HK$1,000,000 · 12–60 months
- Income proof
- Credit check
Reducing annual rate, no handling fee. Income proof and a credit check.
Sample: early repayment adds no extra fee and simply stops later interest. That sentence is a sample, not a term.
Updated 7 Oct 2026Bank site, Bank of East Asia Personal Instalment Loan, opens in a new tab
Major bank
Citibank
Quick Personal Loan
6.40% p.a. reducing
Handling fee 1.00%
HK$50,000–HK$1,500,000 · 12–60 months
- Income proof
- Handling fee
- Early-repayment fee
A reducing rate plus a handling fee at drawdown. Income proof applies.
Sample: repaying within the first year may require the handling fee to be repaid.
Updated 6 Oct 2026Bank site, Citibank Quick Personal Loan, opens in a new tab
Major bank
Dah Sing Bank
Personal Instalment Loan
8.50% p.a. reducing
Handling fee 0.50%
HK$10,000–HK$600,000 · 12–60 months
- Income proof
- Handling fee
- Early-repayment fee
A higher reducing rate, plus a 0.50% handling fee. Income proof applies.
Sample: early settlement costs 2% of the outstanding principal. That fee is not baked into the APR.
Updated 3 Oct 2026Bank site, Dah Sing Bank Personal Instalment Loan, opens in a new tab
Major bank
DBS
Personal Loan
Flat 0.16% a month
Handling fee 0.50%
HK$20,000–HK$800,000 · 12–48 months
- Income proof
- Handling fee
- Early-repayment fee
A flat rate plus a 0.50% handling fee. The longest tenor in this sample is 48 months.
Sample: the early-repayment fee is 1% of the outstanding principal. The APR does not include that contingent fee.
Updated 5 Oct 2026Bank site, DBS Personal Loan, opens in a new tab
Major bank
Hang Seng Bank
Personal Instalment Loan
Flat 0.13% a month
Handling fee 1.00%
HK$10,000–HK$1,000,000 · 12–60 months
- Income proof
- Handling fee
- Early-repayment fee
The flat rate looks low because interest is charged on the original principal for the whole tenor. Income proof applies.
Sample: early repayment may charge a fee on the outstanding principal. Flat interest already paid is not refunded.
Updated 9 Oct 2026Bank site, Hang Seng Bank Personal Instalment Loan, opens in a new tab
Major bank
HSBC
Personal Instalment Loan
5.20% p.a. reducing
Handling fee 0.50%
HK$20,000–HK$1,500,000 · 12–60 months
- Income proof
- Credit check
- Handling fee
- Early-repayment fee
Income proof and a credit check. These are sample conditions, not an approval standard.
Sample: settling early may claw back a waived fee. Remaining interest follows that bank’s rule, which this page does not compute.
Updated 10 Oct 2026Bank site, HSBC Personal Instalment Loan, opens in a new tab
Major bank
Standard Chartered
Low-Rate Personal Loan
Flat 0.11% a month
Handling fee 1.50%
HK$50,000–HK$2,000,000 · 12–60 months
- New customer
- Handling fee
- Early-repayment fee
- Income proof
The advertised flat rate is low. This sample charges a 1.50% handling fee at drawdown.
Sample: a new-customer fee waiver may be clawed back if you repay early.
Updated 8 Oct 2026Bank site, Standard Chartered Low-Rate Personal Loan, opens in a new tab
Virtual bank
WeLab Bank
WeLab Personal Loan
Flat 0.22% a month
Handling fee 0.00%
HK$5,000–HK$300,000 · 6–48 months
- Income proof
- Early-repayment fee
No handling fee, and a higher flat rate. Amount and tenor both have a ceiling.
Sample: early repayment may add a small admin fee. The APR assumes you pay on schedule.
Updated 4 Oct 2026Bank site, WeLab Bank WeLab Personal Loan, opens in a new tab
Virtual bank
ZA Bank
ZA Personal Loan
5.80% p.a. reducing
Handling fee 0.00%
HK$10,000–HK$500,000 · 6–36 months
- Credit check
Virtual-bank sample. Tenor stops at 36 months and the amount cap is lower. A credit check applies.
Sample: you can repay early with no extra fee, and later interest stops.
Updated 10 Oct 2026Bank site, ZA Bank ZA Personal Loan, opens in a new tab

Sample personal loans, sorted by lender
Lender	Product	Headline	Fee	Amount and tenor	Conditions	Updated	Source
Bank of China (Hong Kong)Major bank	Payroll Personal Loan	Flat 0.18% a month	0.00%	HK$30,000–HK$800,000 · 12–48 months	This sample assumes payroll lands at this bank. There is no handling fee, but the flat rate covers the whole tenor. Sample: early settlement may add a charge. This page does not fold that charge into the APR. Payroll Income proof Early-repayment fee	10 Oct 2026	Bank site, Bank of China (Hong Kong) Payroll Personal Loan, opens in a new tab
Bank of East AsiaMajor bank	Personal Instalment Loan	7.20% p.a. reducing	0.00%	HK$20,000–HK$1,000,000 · 12–60 months	Reducing annual rate, no handling fee. Income proof and a credit check. Sample: early repayment adds no extra fee and simply stops later interest. That sentence is a sample, not a term. Income proof Credit check	7 Oct 2026	Bank site, Bank of East Asia Personal Instalment Loan, opens in a new tab
CitibankMajor bank	Quick Personal Loan	6.40% p.a. reducing	1.00%	HK$50,000–HK$1,500,000 · 12–60 months	A reducing rate plus a handling fee at drawdown. Income proof applies. Sample: repaying within the first year may require the handling fee to be repaid. Income proof Handling fee Early-repayment fee	6 Oct 2026	Bank site, Citibank Quick Personal Loan, opens in a new tab
Dah Sing BankMajor bank	Personal Instalment Loan	8.50% p.a. reducing	0.50%	HK$10,000–HK$600,000 · 12–60 months	A higher reducing rate, plus a 0.50% handling fee. Income proof applies. Sample: early settlement costs 2% of the outstanding principal. That fee is not baked into the APR. Income proof Handling fee Early-repayment fee	3 Oct 2026	Bank site, Dah Sing Bank Personal Instalment Loan, opens in a new tab
DBSMajor bank	Personal Loan	Flat 0.16% a month	0.50%	HK$20,000–HK$800,000 · 12–48 months	A flat rate plus a 0.50% handling fee. The longest tenor in this sample is 48 months. Sample: the early-repayment fee is 1% of the outstanding principal. The APR does not include that contingent fee. Income proof Handling fee Early-repayment fee	5 Oct 2026	Bank site, DBS Personal Loan, opens in a new tab
Hang Seng BankMajor bank	Personal Instalment Loan	Flat 0.13% a month	1.00%	HK$10,000–HK$1,000,000 · 12–60 months	The flat rate looks low because interest is charged on the original principal for the whole tenor. Income proof applies. Sample: early repayment may charge a fee on the outstanding principal. Flat interest already paid is not refunded. Income proof Handling fee Early-repayment fee	9 Oct 2026	Bank site, Hang Seng Bank Personal Instalment Loan, opens in a new tab
HSBCMajor bank	Personal Instalment Loan	5.20% p.a. reducing	0.50%	HK$20,000–HK$1,500,000 · 12–60 months	Income proof and a credit check. These are sample conditions, not an approval standard. Sample: settling early may claw back a waived fee. Remaining interest follows that bank’s rule, which this page does not compute. Income proof Credit check Handling fee Early-repayment fee	10 Oct 2026	Bank site, HSBC Personal Instalment Loan, opens in a new tab
Standard CharteredMajor bank	Low-Rate Personal Loan	Flat 0.11% a month	1.50%	HK$50,000–HK$2,000,000 · 12–60 months	The advertised flat rate is low. This sample charges a 1.50% handling fee at drawdown. Sample: a new-customer fee waiver may be clawed back if you repay early. New customer Handling fee Early-repayment fee Income proof	8 Oct 2026	Bank site, Standard Chartered Low-Rate Personal Loan, opens in a new tab
WeLab BankVirtual bank	WeLab Personal Loan	Flat 0.22% a month	0.00%	HK$5,000–HK$300,000 · 6–48 months	No handling fee, and a higher flat rate. Amount and tenor both have a ceiling. Sample: early repayment may add a small admin fee. The APR assumes you pay on schedule. Income proof Early-repayment fee	4 Oct 2026	Bank site, WeLab Bank WeLab Personal Loan, opens in a new tab
ZA BankVirtual bank	ZA Personal Loan	5.80% p.a. reducing	0.00%	HK$10,000–HK$500,000 · 6–36 months	Virtual-bank sample. Tenor stops at 36 months and the amount cap is lower. A credit check applies. Sample: you can repay early with no extra fee, and later interest stops. Credit check	10 Oct 2026	Bank site, ZA Bank ZA Personal Loan, opens in a new tab

Latest

Not financial advice, and not a bank offer.

These notes are illustrative samples so the site shows a review trail. They are not bank news and they are not offers.

18 Oct 2026MortgageSample
Sample check: Hang Seng HIBOR cap is still 3.00%
In this sample, H+1.40% sits above the cap, so the payment uses capped H. P−2.25% on the same row is higher, so P is not in force.
16 Oct 2026LoansSample
Sample: Standard Chartered flat 0.11% a month, true APR about 4.06% over 24 months
The 1.50% handling fee comes off at drawdown. The flat headline does not include that fee.
14 Oct 2026CashSample
Sample: high HKD cash rates still cover only the first slice
In the sample reviewed on 10 Oct, once the balance passes the promo cap the blended yield drops.
12 Oct 2026MortgageSample
Sample: HSBC P−2.90% is still the lowest instalment in this set
The same row also has H+1.70%. Sample prime is lower, so the payment is currently using P.
9 Oct 2026LoansSample
Sample: BOCHK payroll loan has no handling fee, and flat interest still runs on the original principal
On a sample HK$100,000 over 24 months the true APR is about 4.17%, above some rows with a fee and a lower flat rate.
7 Oct 2026CashSample
Sample: USD and CNY cash rows stay on the same board
The three currencies are ranked apart. On a row with no cap, the headline rate is the rate on the whole balance.

What does this personal loan actually cost?

Ranked by true APR

Hang Seng Bank

Standard Chartered

Bank of China (Hong Kong)

DBS

WeLab Bank

HSBC

ZA Bank

Bank of East Asia

Citibank

Dah Sing Bank