HSBC has made it easier for customers in the UAE to obtain credit cards, personal loans and mortgage by relaxing its lending criteria.

New terms for HSBC Credit Card:

– Minimum salary requirement to obtain credit card is now AED7,500. Salary transfer not mandatory. Previously, it was AED 15,000.
– For personal loans, the minimum salary requirement has also been reduced from AED15,000 to AED7,500.

From: Arabian Business