1. The Campaign Period will run from 20 March 2019 until 30 June 2019 (both dates inclusive).
2. The offer is available to all new and existing clients of Standard Chartered Bank UAE, (hereinafter “the Bank”) in its Personal Banking, Premium Banking and Priority Banking segments.
3. For the purpose of this campaign:
   • New to Bank clients are defined as clients who opened accounts during the Campaign Period and/or do not hold existing Current and/or Savings Account and/or Term Deposit accounts with the Bank in its Personal Banking, Premium Banking, Priority Banking or Private Banking segments.
   • Eligible products for Deposit Products include Current and/or Savings Account, MortgageOne and SaadiqOne Accounts and all Term Deposits, including Saadiq variants.
   • Eligible products for Investments include Mutual Funds, Structured Products, Wrap products, Fixed income securities, Smart Savings Plans and Single premium insurance, including Investments held under Wealth Lending.
   • AUM is calculated as the sum of balances of all Deposit Products and Investments, in AED or foreign currency equivalents.
   • Starting Balance will be calculated as the sum of balances of all Deposit Products held by the client as on 19 March, 2019.
   • New Deposits:
     • For existing clients, New Funds are defined as the maximum average monthly balance held by the client during any 1 of the 3 calendar months of the Campaign Period, on top of the client’s Starting Balance.
     • For New to Bank clients, New Funds are defined as the maximum average monthly balance held by the client during any 1 of the 3 calendar months, following the month in which the account was opened.
   • Starting Investments AUM will be calculated as the sum of balances of all Investments held by the client as on 19 March, 2019.
   • Eligible products for Protection include Term Life Insurance plans and Whole of Life Insurance Plans.
   • Eligible products for Credit Cards include Visa Infinite and Visa Manhattan Platinum Credit Card only.

4. Cashback Offer
   • All clients who meet the minimum eligibility criteria for any of the products are eligible for the maximum cashback based on product tiers below:

 

	Criteria	Required Amount	Cashback (AED)
Deposit Products	New Deposits	AED 370,000 up to AED 739,999	500
		AED 740,000 up to AED 1,109,999	1,000
		AED 1,110,000 up to AED 1,479,999	1,500
		AED 1,480,000 up to AED 1,849,999	2,000
		AED 1,850,000 and above	2,500
Investments	New Funds, booked in Investments	AED 370,000 up to AED 739,999	500
		AED 740,000 up to AED 1,109,999	1,000
		AED 1,110,000 up to AED 1,479,999	1,500
		AED 1,480,000 up to AED 1,849,999	2,000
		AED 1,850,000 and above	2,500
Protection	Annual Premium of New Policy	USD 4,500 to USD 8,999	500
		USD 9,000 to USD 13,499	1,000
		USD 13,500 to USD 17,999	1,500
		USD 18,000 to USD 22,499	2,000
		USD 22,500 to USD 26,999	2,500
		USD 27,000 to USD 31,499	3,000
		USD 32,000 to USD 35,999	3,500
		USD 36,000 to USD 40,499	4,000
		USD 40,500 to USD 44,999	4,500
		USD 45,000 and above	5,000
Mortgage	Mortgage Loan / Home Finance amount	AED 2,500,000 to AED 4,999,999	500
		AED 5,000,000 and above	1,000
Credit Cards	New credit card with a minimum spend of at least AED 10,000 within 2 months of card issuance		500

 

• An individual client can receive a maximum cashback of AED 11,500, if they qualify on all the product tiers as per table above.

• Cashback Payouts will be as per the following schedule:

• Deposit Products:

	Maximum 1-month Average Balance held during	Cashback Payout Date
Existing Clients	20 March – 30 June, 2019	31 July, 2019
New to Bank client, opened between 20-31 March, 2019	1 April – 30 June, 2019	31 July, 2019
New to Bank client, opened between 1-30 April, 2019	1 May – 31 July, 2019	31 August, 2019
New to Bank client, opened between 1-31 May, 2019	1 June – 31 August, 2019	30 September, 2019
New to Bank client, opened between 1-30 June, 2019	1 July – 30 September, 2019	31 October, 2019

• Investment Products:

		Cashback Payout Date
New Funds, booked in Investments between 20-31 March, 2019		30 April, 2019
New Funds, booked in Investments between 1-30 April, 2019		31 May, 2019
New Funds, booked in Investments between 1-31 May, 2019		30 June, 2019
New Funds, booked in Investments between 1-30 June, 2019		31 July, 2019

 

• Protection:

		Cashback Payout Date
New Policy, issued between 20-31 March, 2019		30 April, 2019
New Policy, issued between 1-30 April, 2019		31 May, 2019
New Policy, issued between 1-31 May, 2019		30 June, 2019
New Policy, issued between 1-30 June, 2019		31 July, 2019

 

• Mortgage / Home Finance:

	Disbursed by	Cashback Payout Date
Application logged in between 20-31 March, 2019	31 May, 2019	30 June, 2019
Application logged in between 1-30 April, 2019	30 June, 2019	31 July, 2019
Application logged in between 1-31 May, 2019	31 July, 2019	31 August, 2019
Application logged in between 1-30 June, 2019	31 August, 2019	30 September, 2019

 

• Credit Cards:

	Minimum Spend by	Cashback Payout Date
Card issuance between 20-31 March, 2019	31 May, 2019	30 June, 2019
Card issuance between 1-30 April, 2019	30 June, 2019	31 July, 2019
Card issuance between 1-31 May, 2019	31 July, 2019	31 August, 2019
Card issuance between 1-30 June, 2019	31 August, 2019	30 September, 2019

 

• Clients will be intimated via SMS upon qualification.
• The bank will credit the cashback into the client’s current / savings account upon qualification. Clients will be required to have an open and active current / savings account to receive the cashback.
• Cashback are non-transferable and cannot be paid, remitted or deposited to a person or account other than the client.

 

 

5. Lucky Draw Offer
   • Clients will receive entries into a Lucky Draw based on the minimum eligibility criteria for any of the products mentioned below:

 

	Lucky Draw Entry Criteria
Deposit Products	1 entry per month, per AED 10,000 balance growth, held up to September 30, 2019
Investments	1 entry per AED 10,000 of New Funds, booked in Investments
Protection	1 entry per USD 4,500 Annual Premium of New Policy
Mortgage	1 entry per AED 500,000 of disbursed Mortgage Loan / Home Finance amount. This is applicable to Mortgage applications logged in within the Campaign Period and disbursed within 60 days from log-in date
Credit Cards	1 entry per AED 10,000 Spend on new card within 2 months of card issuance

 

• For Deposit Products, balance growth will be calculated as the average balance for each month on top of the Starting Balance.
• The client will not receive any entries for Deposit Products if their balance as on September 30, 2019 is lower than their Starting Balance.
• There is no maximum limit on the number of Lucky Draw entries a client can receive based on the table above.
• One (1) individual client of the Bank shall win the Prize for the Lucky Draw of AED 1,000,000.00
• The winner of the Lucky Draw will be randomly selected on 31 October 2019, via a prize draw officiated by the Dubai Economic Department. The name of the winner will be announced at the end of the offer. The winner will be contacted via email, telephone and SMS.
• The Bank reserves the right to determine the specific date and venue for the prize ceremony, which will be notified to the winner 7 days in advance. The eligible individual must immediately make it known that he/she will participate in the prize ceremony.
• The Bank shall credit the prize into the winner’s current or savings account within 10 working days of the prize ceremony.
• The Bank has the right to use the images, videos and any likeness taken of the winner for publicity purposes in any manner it deems fit, without further remuneration being made payable to the entrant. By entering this competition, the entrant agrees to participate in such promotional activity and material as the Bank may require. In addition, it is a condition of accepting a prize that the winner will be requested to sign a legal release in a form determined by the Bank in its absolute discretion.

6. The Bank shall not pay late payment charges or additional profit for any delay in giving the cashback and/or prize.
7. The Bank shall not be liable for any delay in giving the cashback and/or prize if such delay is because the client cannot be contacted.
8. Minor / Guardianship accounts are excluded from the campaign.
9. Transfer of funds from a client’s spouse, siblings, parents or children’s accounts into the client’s account via internal transfer, cash withdrawal and deposit or transfers routed through other bank(s) will be excluded from New Funds calculations.
10. Cashback and Lucky Draw entries on Credit Cards are applicable on successful applications and final approval, which will be given only after verification of all information with documents and is at the sole discretion of the Bank. Clients will be required to activate their credit card and successfully generate their Credit Card PIN. Clients whose application is rejected for any reason, existing Credit Card holders, Credit Card holders who are upgrading their Standard Chartered Credit Card and clients who have closed their Standard Chartered Credit Card within the last six (6) months from the date of application will not be eligible for the Cashback and/or Lucky Draw entries on Credit Cards.
11. The Bank reserves the right to disqualify any client from the cashback and/or prize if it has reasonable grounds to believe the client has breached any of the terms, conditions and rules of the campaign. It also has the right at any time to verify the validity of the eligibility of all clients, not limited to just the information provided.
12. All taxes, fees and other charges, if any, payable on the cashback and/or prize shall be the sole responsibility and liability of the client.
13. The Bank reserves the right to terminate the campaign and to vary or modify any of the terms and conditions herein from time to time. In case of disputes, the decision of the Bank shall be final and binding. Further, the Bank reserves the right to cancel or amend the campaign and these terms and conditions without notice in the event of a catastrophe, war, civil or military disturbance, act of God or any actual or anticipated breach of any anticipated law or regulation or any other event outside the Bank’s control. Any change to the campaign would be notified as soon as possible by the Bank. In the event of such change or termination, clients agree to relinquish their rights in respect to the campaign and acknowledge that they will have no recourse against the Bank
14. The campaign and these terms and conditions are governed by the Laws of the United Arab Emirates and any disputes will be subject to the exclusive jurisdiction of the courts of the Dubai.
15. All other Standard Chartered Bank Terms and Conditions apply. Please visit com/ae for full terms and conditions.

Client Declaration:

 I/We confirm having read and understood the Campaign Terms and Conditions relating to the offers and agree to be bound and abide by them and any other rules and terms and conditions that may be in force from time to time.

I/We also confirm the receipt of my/our copy of this document (Terms & Conditions).

 

___________________                                                                      ____________________

Signature of First Applicant / Authorized Signatory                            Signature of Second Applicant / Authorized Signatory