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HSBC Reportedly Hikes Cash Rebate for Mortgages $10M+ to 0.58%
HSBC has recently raised the cash rebate for mortgages to a maximum of 0.58%, according to hearsay. An HSBC spokesperson responded that they regularly review mortgage interest rate...
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HSBC Reportedly Hikes Cash Rebate for Mortgages $10M+ to 0.58%
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HSBC has recently raised the cash rebate for mortgages to a maximum of 0.58%, according to hearsay. An HSBC spokesperson responded that they regularly review mortgage interest rates and offers, considering market conditions as well as various factors of individual mortgage applications for adjustments.

With the current rebate of 0.58% for loan amounts over HK$10 million, this equates to approximately HK$58,000. Compared to the 0.3% cash rebate at the beginning of the year (approximately HK$30,000), the rebate amount spiked 93% or HK$28,000.

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