Credit Card

Q1: What is the “Cash in Hand” Credit Card Cash-out Programme?
It is a BEA service that allows customers with BEA credit cards to convert their available credit limit into cash for flexible use, whether it is for emergencies, further education, travel, or home improvements. The plan offers repayment terms from 3 to 60 months, with monthly flat rates starting from 0.18%. Apply via BEA Mobile or Online to enjoy no handling fees.

Q2: How is “Cash in Hand” different from a credit card cash advance at ATMs?
A credit card cash advance lets you withdraw cash directly from ATMs, but it typically charges up to 36% APR plus an instant handling fee of 5% or more, with daily interest accrual. By contrast, “Cash in Hand” allows you to apply for cash out directly into your account with monthly flat rates as low as 0.18% (APR around 4%). Repayments are made by instalments, reducing pressure and offering a more affordable solution if you need a longer repayment term. It is also an ideal programme if you are looking for an option with lower interest.

Q3: “Cash in Hand" vs. Caredit Card Cash Advance: Overview
 
Q4: “How is “Cash in Hand” different from a personal loan?

Both are borrowing tools, but “Cash in Hand” is tied to your existing credit card — no need to open a separate loan account. Compared to personal loans, approval is faster, no complex documentation is needed, and funds may be available within two working days.

Q5: “How is “Cash in Hand” vs. Personal Loan: Overview

 
Q6: “How is How long does the “Cash in Hand” application take?
Since no extra approval is required, once you apply online or by phone, funds from your credit card cash out can be credited into your designated account within as fast as two working days. However, the actual time may vary.

Q7: “Do I need income proof?
In most cases, applying for the “Cash in Hand” credit card cash-out programme does not require income proof. As long as you are an eligible BEA credit card customer with sufficient available credit limit, you may apply directly without submitting income proof or other financial documents. This is one of the key differences compared with traditional credit card loans or personal loans. Using “Cash in Hand” is faster and more convenient, offering an immediate solution to short-term cash needs.

Q8: “Are there extra charges for early repayment of the “Cash in Hand” Programme?

BEA’s handling fee waiver applies only when applications are made via BEA Mobile or BEA Online. If you choose to settle the loan early, an early repayment handling fee will apply — equal to 1% of the outstanding loan amount or a minimum of HK$300, whichever is higher. The exact terms are subject to the BEA’s policies. Please also note the conditions that apply during promotional or preferential periods.

Q9: “Can early repayment save on interest costs?

If you request early repayment, BEA will require you to settle the outstanding cash-out amount together with all accumulated interest, any applicable fees, and an early repayment handling fee equal to 1% of the original loan amount. However, if you cancel the instalment loan and fully repay the amount during the designated "cooling-off period," no interest or handling fees will be charged.

Q10: “Will the application for the “Cash in Hand” Programme affect my credit rating?
Yes. Any borrowing through a credit card, including cash out, credit card cash instalments, or other loan activities, will be recorded in your credit file and reflected in your overall credit report. This may affect future applications for loans or mortgages. Maintaining timely repayment and a good repayment record will help build a positive credit history, while late or missed payments could negatively impact your credit rating.
 

Remarks:

1. 1. The promotional period for “Cash in Hand” Cash Rebate Programme is from 5th January, 2026 to 4th March, 2026 (the “Promotional Period”) both dates inclusive. The BEA Corporate Card, Dual Currency Credit Card (Renminbi Account) and all supplementary cards are excluded.
   2. “Offer 1”: BEA principal cardholders (the “Cardholders”) can receive the Cash Rebate after applying for and drawing down successfully the accumulated “Cash in Hand” amount of HK$20,000 or more with a repayment period of 24 months or above through BEA Mobile during the “Promotion Period”.
   3. “Offer 2”: Cardholders have not successfully applied / held any “Cash in Hand" Programme between 5th January 2025 and 4th January 2026 and applying for “Cash in Hand” through BEA Mobile during the “Promotion Period”.
   4. The Cash Rebate will be credited to the relevant credit card account on or before 31st July 2026, and will appear on the relevant statement. The Cardholders’ account and the relevant application must be valid at the time the Cash Rebate is given. The APR including rebate as low as 2.75%, which is calculated according to an amount of HK$20,000 with a monthly flat rate of 0.18%, a repayment period of 24 months, and a Cash Rebate of HK$288.
   5. The Cardholders can log in to BEA Mobile directly and apply using a principal credit card account under the Cardholders’ name. If the Cardholders are a new-to-bank customer or has not yet used BEA Mobile, the Cardholders can log in for the first time by entering the Cardholders’ credit card account number and phone PIN (set by the Cardholders during the card activation process). If Cardholders have forgotten your phone PIN, please contact our Customer Services Hotline for instant reset.
   6. The “Cash in Hand” amount will be credited to the Cardholders’ designated BEA HKD savings/ current account in 2 working days or to the Cardholders’ designated HKD savings/current account maintained with another bank in 3 working days from the approval date.
   7. The annualised percentage rate (“APR”) 4.52% is calculated as for a loan amount of HK$200,000, with a monthly flat rate of 0.18%, a one-off HK$500 handling fee and a repayment period of 12 months. The APR is calculated according to the standard method set out in the Code of Banking Practice, and is rounded up or down to the nearest 2 decimal places. Please note that the actual APR may differ.
   8. Handling fee waiver only applies to BEA Mobile or BEA Online (including but not limited to applications through other e-channels). For applications through the application hotline, The Bank of East Asia, Limited will levy a HK$200/HK$300/ HK$500 handling fee (for drawing down an amount HK$3,000 - $4,900/HK$5,000 - $49,900/an amount of HK$50,000 or above). The said handling fee is charged for each application through the hotline, and will be debited from the cardholder's BEA Credit Card account together with the first instalment.
   9. To promote responsible borrowing and reduce the risk of impulsive and excessive borrowing, our bank provide the cooling-off period to this loan product. Please refer to the notice for details.
   10. BEA reserves the sole right to vary or cancel all or any of the offers and/ or amend or alter these Terms and Conditions at any time without prior notice. In the event of any dispute, the decision of BEA shall be final and conclusive.
   11. These Terms and Conditions shall be governed by and construed in accordance with the law of Hong Kong. You submit to the exclusive jurisdiction of the Hong Kong courts but these Terms and Conditions may be enforced in the courts of any competent jurisdiction.
   12. In case of any inconsistency between the English and Chinese versions of these terms and conditions, the English shall prevail.