Loan on Card - American Express Access It®
Access your goals. Access It now!
Be ready to handle whatever comes up with American Express Access It. With just a few simple steps, we could empower you with the financial freedom to achieve your goals.
What is Access It?
Access It works like a Loan on Card that gives you instant access to funds sent straight into your bank account.
Access up to 80%# Δ of your available credit on your Card to help make life better with any surprise that comes your way.
From quick renovations to spontaneous trips or unexpected medical costs.
Instant access to already approved funds*
No establishment and account keeping fees
Choose a repayment term that suits your needs
Choose between HK$20,000 and HK$300,000Δ to be sent to your bank account*
Monthly Flat Rate as low as 0.29%^
Access up to 80%# Δ of available credit on your Card
How does Access It work?
Select funds of up to 80%1 of your available credit to be sent directly to your chosen bank account.
Discover how much you can access now
Available Credit2
| Minimum Loan-on-Card Amount | Amount you can request with Access It1 | Available Credit2 | Maximum Loan-on-Card Amount |
|---|---|---|---|
| HK$20,000 | Up to HK$24,000 | HK$30,000 | HK$300,000 |
1Up to 80% of your available credit. This is an approximate amount for reference only
2Credit limit amount minus Card balance
Based on the Access It amount you select, the APR and choice of flexible payment terms varies.
American Express reserves the right to approve or decline the Loan-on-Card application without giving any reason or prior notice.
Why you might need Access It
Spontaneous trips
Suprise youself with faraway adventure. Bon voyage with Access It
Home renovations
You're almost sure to uncover unexpected expenses. Make it happen with Access It
Vet bills
Keeping your furry ones healthy can come with surprise bills. Care for them with Access It.
Education
Lifelong learning is a worthy pursuit. Pursue it further with Access It
Weddings
Mark that moment with your special somebody with Access It
Taxes
Take the stress out of paying tax bills on time with Access It
Emergency medical
Get checked the moment you feel under the weather. Get well sooner with Access It
How to access funds in three easy steps
1
Enter the amount you'd like to borrow between HK$20,000 - HK$300,000Δ and choose a repayment term that suits your needs
2
Add your bank account details+
3
Review and hit submit
#The pre-approved amount is subject to change, please refer to your Online Account or Amex HK App to check the updated pre-approved amount. For details of Annualized Percentage Rate ("APR") and relevant fees & charges, please refer to here.
ΔEligible Cardmembers can request a minimum of HK$20,000 and a maximum of up to HK$300,000, subject to your pre-approved amount of your credit limit. You can log in to your Online Account or Amex HK App to check for the pre-approved amount.
*Once the Loan-on-Card is approved, we will process your Loan-on-Card and pay the funds to your personal bank account that is eligible to Faster Payment System (FPS) within a day. Most of the Loan-on-Card applications will be processed instantly and some will take up to 5 days upon the submission of the application.
^The equivalent APR is 5.99% and the APR is calculated based on set of assumptions and the actual APR may vary. It is for your ease of reference only. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as anannualized rate. The above rate is rounded off to the last 2 decimal places. The personalized 5.99% APR applies to designated cardmembers only and approved Loan on Card amounts that meet specific requirements. It is for reference only. For your personalized APR and relevant fees & charges, please refer to here.
+The bank account should be eligible to the Faster Payment System (FPS).
To Borrow or Not to Borrow? Borrow only if you can repay!
Discover how Access It works
American Express Access It Frequently Asked Questions
Interest will be incurred. For more information on how much interest or principal is being paid with each installment, please refer to the section "Amex Access It" of your statement. Please note that you at least need to pay your minimum payment stated in your monthly statement, if you fail to make full repayment of the statement balance specified in the statement of account on or before the payment due date, you shall pay a finance charge and other charges on all outstanding balance at the interest rate applicable to the account pursuant to the relevant Cardmember Agreement.
When the Loan-on-Card has been approved and has been posted to your Card account, the available credit limit will be reduced by an amount equivalent to the Loan-on-Card Amount. The available credit limit will be restored if you repay each Installment Amount until the final Installment is settled. And it won't increase your credit limit.
You will receive the details via confirmation email or letter once the Loan-on-Card is approved. The installment amount for each month will also be shown on your Card statement accordingly*.
*The first statement will only consist of interest.
You need to cancel the Loan-on-Card in this case. Once cancelled, the unpaid Loan-on-Card Amount and any accrued interest from the last statement issue date up to the date your cancellation request is being processed which has not been billed for the cancelled Loan-on-Card will be moved to your standard balance.