HSBC Credit Card Installment Plan

Q: Q1: Can I cancel my Flexi Installment Plan subscription?

Ans: Yes, a cooling period of 5 business days is offered to you from the initiation date of your plan. Within this tenure, you can cancel your plan without incurring any fee.

Q: Q2: I wish to pay my Installment amount before the Flexi Installment plan ends. Is it possible to do so?

Ans: Yes, you can fully pay off your Installment. However, you may be charged an early settlement fee.

Q: Q3: Do I need to deposit collateral to subscribe to the HSBC credit card Installment plan?

Ans: No, you are not required to deposit any collateral to opt for the HSBC Flexi Installment plan

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Written By

Tanvi PathakTeam Lead Writer (Expertise - Banking )

Reviewed By

Brijesh KumarCBO, Paisabazaar.ae

Last updated on 29 June 2026Editorial Standards

What is the HSBC Credit Card Installment Plan?

Flexi Installment Plan is an initiative by HSBC. With this HSBC credit card installment plan, you can easily pay off your credit card purchases. Simply choose up to 10 transactions and repay the amount within a period of 36 months.

Using this plan is quite easy — convert your chosen transactions via the bank’s mobile app and follow the on-screen prompts to complete the process. You can even get exceptional offers on 0% interest Installment plans.

Features of the HSBC 0 Installment Plan — Flexi Installment Plan

The key features of the HSBC card Installment plan are as follows —

Convert up to 10 purchase transactions into a single Installment plan
Enjoy fixed repayment tenure of between 3-36 months
Easily manage the Flexi Installment Plan using the HSBC mobile app

HSBC Flexi Installment Plan — Eligibility Criteria

To consider your eligibility for this plan, the bank analyses your financial history and other data available with the Al Etihad Credit Bureau.

HSBC 0 Installment Plan — Fees and Charges

Tabled below are the key fees and charges of the Flexi Installment Plan —

Type of Fee	Charges
Processing Fee	2% (2.1% with VAT included) of the purchase amount — applicable for Installment conversions of education-related payments
Late Payment Fee	AED 230 (AED 241.5 VAT included)

Frequently Asked Questions

Ans: Yes, a cooling period of 5 business days is offered to you from the initiation date of your plan. Within this tenure, you can cancel your plan without incurring any fee.

Ans: Yes, you can fully pay off your Installment. However, you may be charged an early settlement fee.

Ans: No, you are not required to deposit any collateral to opt for the HSBC Flexi Installment plan