1. The Standard Chartered Beyond Credit Card Beyond A Million Miles Promotion (the “Promotion”), which consists of four (4) individual offers (as set out in Sections 1 to 4 below), is available from 22 November 2024 to 30 June 2025 (both dates inclusive) (the “Promotion Period”). By participating in this Promotion, you agree to be bound by these terms and conditions.

2. Unless otherwise stated, the Promotion is not valid with other offers, discounts, rebates, vouchers, privileges or promotions. The Promotion is valid in conjunction with The Good Life® Programme (the individual merchant and general terms and conditions of which can be found here).

3. The rewards earned under this Promotion are non-transferable, non-assignable and non-exchangeable for cash or credit or otherwise.

4. The Bank reserves the right to replace or substitute the rewards given to you under this Promotion with any item of equivalent or similar value, without prior notice or reason (and the Bank shall not be obliged to disclose its reason).

5. In the event that you terminate your banking relationship with the Bank within six (6) months of the end of the Promotion Period, the Bank further reserves the right to recover the whole or any part of the rewards given to you under this Promotion. At the time of crediting any rewards under this Promotion to you, your Beyond Credit Card account must be valid (i.e. must not be suspended, cancelled and/or terminated), in good standing, and conducted in a proper and satisfactory manner, as determined by the Bank in its sole and absolute discretion (and the Bank shall not be obliged to disclose its reason), failing which, the rewards earned by you under the Promotion will be forfeited and the Bank shall also be entitled to recover the whole or any part of such rewards (or such equivalent value) given to you.

6. By participating in the Promotion, you consent to the use of your personal data for marketing purposes, including but not limited to the use of your telephone number and email address to contact you about products and promotions offered by the Bank from time to time via telephone, SMS or Electronic Direct Mail.

7. The Bank may vary, modify, add, delete or otherwise revise any of the Terms and Conditions governing this Promotion or modify, terminate, withdraw, extend, suspend or shorten the Promotion at any time at the Bank’s sole and absolute discretion, with or without prior notice or reason (and the Bank shall not be obliged to disclose its reasons).

8. The Bank is not responsible for any failure or delay in the transmission of the transactions by any party including but not limited to acquiring merchants, merchant establishments, or any telecommunication provider.

9. The Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with the Promotion, including your eligibility for any rewards under the Promotion. The Bank’s determination of all matters relating to this Promotion shall be final and conclusive, and no correspondence will be entertained.

10. In the event the Bank has determined (in the Bank’s sole and absolute discretion) that you are not eligible to receive any reward under the Promotion or to participate in the Promotion or has irregularly or wrongly redeemed a reward, or where the Bank has knowledge of subsequent events which would mean that you would not have been entitled to a reward (including but not limited to where the Eligible Transactions were reversed or refunded), the Bank reserves the right to claw back such reward or deduct its value (or such other amount as it deems fit) from the your account(s) with the Bank.

11. In the event of any inconsistency between these Promotion Terms and Conditions and any brochures, marketing or promotional materials relating to the Promotion, these Promotion Terms and Conditions shall prevail to the extent of such inconsistency.

12. Except for death or personal injury caused by the negligence of the Bank, to the fullest extent permitted by law, the Bank and members of the Bank’s group shall have no liability in respect of, will be indemnified from and against, and/or you hereby agree to release and hold the Bank and members of the Bank’s group harmless for, any expenses, costs of any kind (including legal costs), liability, loss (whether foreseeable or not), claim or damage, directly or indirectly, suffered, incurred (whether in common law or equity), arising from or in connection with your acceptance, possession, use, misuse and/or enjoyment of the rewards gained from this Promotion and/or this Promotion.

13. These Promotion Terms and Conditions are to be read together with our Customer Terms, Credit Card Terms, Standard Chartered 360° Rewards Programme Terms and Conditions, Standard Chartered Beyond Credit Card Terms and Conditions and any other product terms that may be applicable in conjunction with the Promotion (collectively “Other Terms”). In the event of any inconsistency between these terms and the Other Terms, these terms prevail only to the extent of such inconsistency.

14. A person who is not a party to these Promotion Terms and Conditions has no rights under the Contracts (Rights of Third Parties) Act 2001 to enforce any of these Promotion Terms and Conditions.

15. These Promotion Terms and Conditions are governed by and shall be construed in accordance with the laws of the Republic of Singapore and you agree to submit to the exclusive jurisdiction of the courts of the Republic of Singapore.

 

Section 1: Beyond Credit Card Welcome Offer

Eligibility Criteria – Welcome Gift

16. To qualify for the Welcome Gift (as set out in Clause 17 below):

a. You must apply for the Beyond Credit Card (“Beyond Card”) issued by Standard Chartered Bank (Singapore) Limited (“Standard Chartered” or the “Bank”) as a principal cardholder (“Beyond principal cardholder”) and such application has to be submitted to the Bank either through https://www.sc.com/sg/ or any of our appointed relationship managers or agents at the Bank’s roadshow booths;

b. The Bank must receive your application for the Beyond Card within the Promotion Period. Notwithstanding the foregoing, the Bank may continue to process any application received up to 14 calendar days after the end of the Promotion Period, and shall retain the sole and absolute discretion to determine the eligibility of these applications and/or allow the said applications for the purposes of this Promotion on a case-by-case basis;

c. Your Beyond Card application must be approved by the Bank, where such approval is final and unconditional; and

d. Your Beyond Card must, within six (6) months of card approval date, continue to be valid (i.e. your Beyond Card account must not be suspended, cancelled and/or terminated), in good standing, and conducted in a proper and satisfactory manner as determined by the Bank in its sole and absolute discretion.

e. You must pay the annual fee of S$1,500.00 (excluding GST). For the first year, the annual fee will be charged in the first statement cycle. Thereafter, the annual fee will be charged yearly on the date that the Beyond Card was approved by the Bank. This annual fee is strictly not waivable.

Offer Mechanics – Welcome Gift

17. If you successfully fulfil the conditions under Clause 16, you will receive 60,000 miles (credited to the Beyond Card account in the form of 150,000 360° Reward Points) (“Welcome Gift”) within 60 working days of your physical Beyond Card activation date.

Eligibility Criteria – Acquisition Gift

18. To qualify for the Acquisition Gift (as set out in Clauses 20 and 21 below):

a. You must have successfully fulfilled the conditions under Clause 16

b. You must, within 90 calendar days of your Beyond Card approval date (“Eligible Transaction Period”),

i. Charge a minimum of S$20,000 in Eligible Transactions (as set out in Clause 19 below) to your Beyond Card; or

ii. If you are an employee of the Bank, charge a minimum of S$10,000 in Eligible Transactions (as set out in Clause 19 below) to your Beyond Card

19. For the purposes of the Beyond Credit Card Welcome Offer, an “Eligible Transaction” is a transaction which:

a. is charged to your principal or supplementary Beyond Card;

b. is posted to your Beyond Card account within 90 calendar days of your Beyond Card approval date; and

c. is not an excluded transaction listed in https://www.sc.com/sg/terms-and-conditions/cc-retail-transaction-exclusions/

Offer Mechanics – Acquisition Gift 

20. If you successfully fulfil the conditions under Clauses 18a, 18b(i) and 19, you will receive 40,000 miles (credited to the Beyond Card account in the form of 100,000 360° Reward Points) (“Acquisition Gift”) within 60 working days of the end of the Eligible Transaction Period.

21. If you successfully fulfil the conditions under Clauses 18a, 18b(ii) and 19, you will receive 40,000 miles (credited to the Beyond Card account in the form of 100,000 360° Reward Points) (“Acquisition Gift”) within 60 working days of the end of the Eligible Transaction Period, provided that you are still an employee of the Bank at the point of the Acquisition Gift fulfilment.

22. To illustrate the Welcome Gift and Acquisition Gift, please refer to the table below:

Description	Qualifying conditions	Rewards
Welcome Gift	– Successfully apply for Beyond Card during Promotion Period   – Payment of first year annual fee	60,000 miles (Credited to the Beyond Card account in the form of 150,000 360° Rewards Points)
Acquisition Gift	– Charge a minimum of S$20,000 in Eligible Transactions to the Beyond Card within the Eligible Transaction Period   – For Standard Chartered staff only: Charge a minimum of S$10,000 in Eligible Transactions to the Beyond Card within the Eligible Transaction Period	40,000 miles (Credited to the Beyond Card account in the form of 100,000 360° Rewards Points)
Grand Total		100,000 miles  (Credited to the Beyond Card account in the form of 250,000 360° Rewards Points)

Other conditions applicable to the Beyond Credit Card Welcome Offer

23. If an Eligible Transaction is successfully converted into monthly instalments during the Eligible Transaction Period, the total amount charged for the Eligible Transaction (and not the converted monthly instalment amount) will be used towards the fulfilment of the minimum Eligible Transaction amount as set out in Clauses 18b(i) or 18b(ii).

24. For Eligible Transactions charged to the Beyond Card in foreign currency, the Singapore Dollar transaction amount posted to your account (inclusive of the exchange rate conversion and commission, if any) will used towards the fulfilment of the minimum Eligible Transaction amount as set out in Clauses 18b(i) or 18b(ii).

25. For the avoidance of doubt, you may only receive the Welcome Gift and/or Acquisition Gift once under the Beyond Credit Card Welcome Offer.

 

Section 2 – SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer

Eligibility Criteria

26. The SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer is exclusively for Beyond principal cardholders only.

27. If you participate in this SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer, you will not be eligible to participate in the Priority Banking & Priority Private Q4 2024 Sign-Up Promotion, and vice versa.

28. To qualify and receive the rewards for this SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer, you must successfully apply for a Beyond Credit Card as a principal cardholder during the Promotion Period, and within one (1) calendar month of card approval date:

For New-to-Bank Customers (as set out in Clause 35 below):

a. Successfully apply for a Wealth $aver Account (SGD denominated) (“Wealth $aver Account”) as the main account holder;

b. Successfully establish a new SC Priority Banking, Priority Private or Private Banking relationship with the Bank, including the following requirements corresponding to your newly established banking relationship with the Bank;

SC Priority Banking	SC Priority Private/Private Banking
Deposit and maintain a minimum of S$200,000 in Fresh Funds (as set out in Clause 36 below) in your Wealth $aver Account for at least six (6) calendar months after the month of opening your Wealth $aver Account	Deposit and maintain a minimum of S$1,500,000 in Fresh Funds (as set out in Clause 36 below) in your Wealth $aver Account for at least six (6) calendar months after the month of opening your Wealth $aver Account
Complete a Financial Needs Analysis with the Bank	Consent to be treated as an Accredited Investor (as interpreted and effected under the Securities and Futures Act (Chapter 289 of Singapore) and the Securities and Futures (Classes of Investors) Regulations 2018) by the Bank, including providing such supporting documentation and information as required by the Bank, with such status to be determined by the Bank in its sole and absolute discretion

For New to SC Priority Banking/Priority Private/Private Banking Customers:

c. If you do not have an existing Wealth $aver Account (SGD denominated) (“Wealth $aver Account”), successfully apply for a Wealth $aver Account as the main account holder;

d. Successfully establish a new SC Priority Banking, Priority Private or Private Banking relationship with the Bank, including the following requirements corresponding to your newly established banking relationship with the Bank;

SC Priority Banking	SC Priority Private/Private Banking
Deposit and maintain a minimum of S$200,000 in Fresh Funds (as set out in Clause 36 below) in your Wealth $aver Account for at least six (6) calendar months after the month of opening your Wealth $aver Account	Deposit and maintain a minimum of S$1,500,000 in Fresh Funds (as set out in Clause 36 below) in your Wealth $aver Account for at least six (6) calendar months after the month of opening your Wealth $aver Account
Complete a Financial Needs Analysis with the Bank	Consent to be treated as an Accredited Investor (as interpreted and effected under the Securities and Futures Act (Chapter 289 of Singapore) and the Securities and Futures (Classes of Investors) Regulations 2018) by the Bank, including providing such supporting documentation and information as required by the Bank, with such status to be determined by the Bank in its sole and absolute discretion

For Existing to SC Priority Banking/Priority Private/Private Banking Customers:

e. If you do not have an existing Wealth $aver Account, successfully apply for a Wealth $aver Account (SGD denominated) (“Wealth $aver Account”) as the main account holder;

f. Successfully fulfil the following requirements:

i. Deposit a minimum of S$100,000 in Fresh Funds (“Minimum Deposit”) in your Wealth $aver Account during the Promotion Period; and

ii. Hold the abovementioned Minimum Deposit in your Wealth $aver Account for at least six (6) calendar months after the month of your Fresh Funds deposit mentioned in Clause 28f(i) above.

Offer Mechanics

29. If you successfully fulfil the conditions under Clauses 26 to 28, you will receive the following rewards corresponding to your banking relationship and your relationship vintage with the Bank.

	SC Priority Banking	SC Priority Private/Private Banking
New-to-Bank / New to SC Priority Banking/Priority Private Banking/Private Banking	50,000 miles (credited to the Beyond Card account in the form of 125,000 Rewards Points)	200,000 miles (credited to the Beyond Card account in the form of 500,000 Rewards Points)
Existing to SC Priority Banking/Priority Private Banking/Private Banking	10,000 miles for each S$100,000 block of Fresh Funds deposited into your Wealth $aver Account   (credited to the Beyond Card account in the form of corresponding Rewards Points)	10,000 miles for each S$100,000 block of Fresh Funds deposited into your Wealth $aver Account   (credited to the Beyond Card account in the form of corresponding Rewards Points)
Cap on miles earned	50,000 miles (credited to the Beyond Card account in the form of 125,000 Rewards Points)	200,000 miles (credited to the Beyond Card account in the form of 500,000 Rewards Points)

30. Your total number of miles earned will be credited to your Beyond Card account in the form of Rewards Points within two (2) months of the completion of the six (6) month holding period for Fresh Funds.

Other conditions applicable to the SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer

31. In the event that you cease to maintain your Wealth $aver Account, the account(s) tagged to your Priority Banking/Priority Private relationship (as the case may be) are no longer valid and in good standing (as set out in Clause 37), or you opt-out of being treated as an Accredited Investor by the Bank within six (6) calendar months of attaining the Accredited Investor status, you will be considered as disqualified from this Promotion and be deemed to have forfeited any Rewards Points earned, even with the successful fulfilment of Clauses 26 to 28.

32.In the event that you have received Cashback, Reward Points, or otherwise under previous Priority Banking & Priority Private Sign-Up Promotions (such as but not limited to the Priority Banking & Priority Private Q3 2024 Sign-Up Promotion) in the last 18 calendar months as reasonably determined by the Bank in its sole and absolute discretion, you will not be eligible to participate in this SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer.

33. The Bank reserves the right to decline or cancel the crediting of the Reward Points earned, or otherwise deem the Reward Points earned as forfeited without prior notice, in the event that the Bank determines that any of the requirements or the terms of our banking agreement had not been complied with, including but not limited to the following:

a. where you have acted fraudulently or dishonestly;

b. where you have conducted yourself in bad faith or otherwise in an inappropriate manner to gain an unfair advantage against the Bank; or

c. upon the occurrence of any event giving rise to a right for the Bank to suspend or terminate any (or all) of our banking agreement for a product, as set out at Clauses 34 and 35 of our Customer Terms and elsewhere in our banking agreement.

34. By participating in this SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer, you further agree that, under any of the circumstances stated in Clause 33 above, the Bank is not obliged to substitute the Reward Points reward with a gift of lower value.

Definitions

35. New-to-Bank Customers refer to customers who do not have a primary account, primary relationship or product with the Bank within the past 12 months from the date of commencement of the Promotion Period.

36. Fresh Funds refer to funds that do not originate from any existing account with the Bank and can be in terms of Eligible Deposits available with the Bank.

a. Eligible Deposits are funds that have not been withdrawn and re-deposited within the last 30 days; including

i. Time Deposits; and

ii. Amounts over which security has been placed (in favour of the Bank)

37. Valid and in good standing, in the context of this Priority Banking & Priority Private and Wealth $aver Welcome Offer means:

a. the Wealth $aver Account must not be suspended, cancelled, terminated or closed for any reason;

b. the Wealth $aver Account is not delinquent or unsatisfactorily conducted for any reason; and

c. You have not breached any term of our banking agreement.

 

Section 3 – Wealth Welcome Offer

Eligibility Criteria

38. The Wealth Welcome Offer is exclusively for Beyond principal cardholders only.

39. To qualify and receive the rewards for the Wealth Welcome Offer, you must successfully apply for a Beyond Credit Card as a principal cardholder during the Promotion Period, and within three (3) calendar months of card approval date:

a. Purchase a minimum of S$100,000 (or equivalent in foreign currency) in Eligible Unit Trusts (as set out in Clause 46 below) within a single day, and/or:

b. Purchase a minimum of S$100,000 in Eligible Single Premium Products (as set out in Clause 47 below and subject to Clauses 49 to 54) and/or;

c. Purchase a minimum of S$30,000 in Eligible Regular Premium Products (as set out in Clause 48 below and subject to Clauses 49 to 54).

40. To be eligible to receive the rewards for the Wealth Welcome Offer, your Beyond Card must continue to be valid (i.e., your Beyond Card account must not be suspended, cancelled, or terminated), in good standing, and conducted in a proper and satisfactory manner as determined by the Bank in its sole and absolute discretion.

Offer Mechanics

41. If you successfully fulfil the conditions under Clauses 38, 39a, and 40, you will receive 12,500 miles (credited to the Beyond Card account in the form of 31,250 Rewards Points) for each S$100,000 block of Eligible Unit Trusts purchased. The rewards received from the successful fulfilment of Clause 39a is capped at 250,000 miles (corresponding to S$2,000,000 of investments in Eligible Unit Trusts).

42. If you successfully fulfil the conditions under Clauses 38, 39b, and 40, you will receive 30,000 miles (credited to the Beyond Card account in the form of 75,000 Rewards Points) for each S$100,000 block of Eligible Single Premium Products purchased. The rewards received from the successful fulfilment of Clause 39b is capped at 300,000 miles (corresponding to S$1,000,000 of investments in Eligible Single Premium Products).

43. If you successfully fulfil the conditions under Clauses 38, 39c, and 40, you will receive 30,000 miles (credited to the Beyond Card account in the form of 75,000 Rewards Points) for each S$30,000 block of Eligible Regular Premium Products purchased. The rewards received from the successful fulfilment of Clause 39c is capped at 300,000 miles (corresponding to S$300,000 of investments in Eligible Regular Premium Products).

44. The total number of Rewards Points earned = Applicable Earn Rate x Number of Blocks (rounded down). Please refer to the illustration table below:

Product	Earn Rate	Amount Purchased	Number of blocks	Total Rewards Points Earned
Eligible Unit Trusts	31,250 Rewards Points (Equivalent to 12,500 miles)	S$250,000	S$250,000 / S$100,000 = 2 (rounded down)	31,250 Rewards Points x 2 = 62,500 Rewards Points (Equivalent to 25,000 miles)
Eligible Single Premium Products	75,000 Rewards Points (Equivalent to 30,000 miles)	S$250,000	S$250,000 / S$100,000 = 2 (rounded down)	75,000 Rewards Points x 2 = 150,000 Rewards Points (Equivalent to 60,000 miles)
Eligible Regular Premium Products	75,000 Rewards Points (Equivalent to 30,000 miles)	S$250,000	S$250,000 / S$30,000 = 8 (rounded down)	75,000 Rewards Points x 8 = 600,000 Rewards Points (Equivalent to 240,000 miles)

45. The total number of Rewards Points earned will be credited to the Beyond card account within six (6) months of successfully fulfilling Clauses 38, 39a or 39b or 39c, and 40.

Definitions

46. Eligible Unit Trusts refer to unit trusts issued and/or distributed by the Bank which carry a minimum sales charge of 1.5% and excludes:

a. investments placed through the Bank’s Online Trading platform or Online Unit Trust Platform;

b. exchange traded funds;

c. investments made through the Central Provident Fund Investment Scheme/Supplementary Retirement Scheme;

d. investments placed via regular savings plans;

e. investments placed via SC Invest; and

f. switching transactions.

47. Eligible Single Premium Products refer to non-discounted Single Premium Insurance policies underwritten by Prudential Assurance Company Singapore (Pte) Limited (“Prudential”) and distributed by the Bank, which are approved and issued by Prudential within two (2) months from the date of purchase. Please contact your Relationship Manager or Insurance Specialist for the full list of Eligible Single Premium Products.

48. Eligible Regular Premium Products refer to all Regular Premium Insurance policies except PRUShield underwritten by Prudential and distributed by the Bank, which are approved and issued by Prudential within two (2) months from the date of purchase.

 

Other conditions applicable to Eligible Single Premium Products and Eligible Regular Premium Products

49. For joint accounts, only the account holder nominated as the main account holder shall be awarded the Rewards Points upon the successful fulfilment of Clause 39b and/or Clause 39c.

50. Where Eligible Single Premium Products and/or Eligible Regular Premium Products are purchased in joint names, only the policy holder nominated as the main policy holder shall be awarded the Rewards Points upon the successful fulfilment of Clause 39b and/or Clause 39c.

51. For the avoidance of doubt, the aggregation of premiums of Eligible Single Premium Products and/or Eligible Regular Insurance Products held by distinct Beyond Credit Cardholders, in order to fulfil Clause 39b or Clause 39c is not allowed.

52. In the event that your Eligible Single Premium Products and/or Eligible Regular Premium Products are terminated / surrendered / cancelled within 12 months of their commencement date, you shall be deemed to have forfeited the Rewards Points awarded to you. In the event that the Rewards Points have already been received by you, the Bank reserves the right to debit a value equivalent to the Reward (or such other amount as the Bank deems fit) from any of your account(s) held with the Bank without prior notice.

53. The purchase of any Eligible Single Premium Products and Eligible Regular Premium Products are subject to the terms and conditions of, and acceptance by, Prudential. The benefits listed in any marketing or promotional materials issued by the Bank are for illustration purposes only. Please refer to the full terms and conditions, and exclusions listed in the policy contract. The Bank does not accept any responsibility regarding any statement made in, omission or inclusion of any provision of, any contract between you and Prudential. Any dispute in relation to any contract between you and Prudential is to be resolved directly with Prudential. The Bank will not be liable for any injury, loss or damage arising in connection with your application and / or any contract between you and Prudential.

54. This Wealth Welcome Offer is not valid in conjunction with:

a. Standard Chartered Bank Staff Banking Insurance Campaign – Life Insurance

b. Standard Chartered Bank Staff Banking Wealth Campaign – Life Insurance

c. Prudential Maturity Promotion

d. Steady Saver Rewards Promotion

e. Standard Chartered Bank ‘Invest and be Rewarded’ Priority Banking New-to-Bank and New-to-Priority Promotion

 

Section 4 – Beyond Credit Card Referral Programme

Eligibility Criteria

55. To qualify for the Beyond Credit Card Referral Programme, you must:

a. Be an existing customer of the Bank;

b. Is a Beyond principal cardholder;

c. Have a minimum of one (1) Singapore Dollar denominated current/cheque/savings account with the Bank; and

d. Refer any family member or friend (“Referred Individual”) to the Bank during the Promotion Period.

56. Prior to referring a Referred Individual to the Bank, you must:

a. Consent to the Bank disclosing your name and the fact that you are a customer of the Bank to such Referred Individual;

b. Obtain the consent of such Referred Individual to your provision of the personal data relating to such Referred Individual set out in the Referral Form to the Bank. You should also inform each Referred Individual that their personal data provided to the Bank may be used for the marketing of the Bank’s products and services.

c. Inform and obtain the consent of such Referred Individual to the Bank’s representative contacting them via phone and message;

d. Inform the Referred Individual that a reward will be accorded to you if these Beyond Credit Card Referral Programme conditions are complied with; and

e. Inform and obtain the consent of such Referred Individual that the total value of their Fresh Funds placement with the Bank may be disclosed to you by virtue of the reward you receive under the Beyond Referral Programme.

57. A referral will be considered successful when:

a. You apply for a Beyond Credit Card during the Promotion Period and the referral is made within three (3) calendar months of your Beyond Card approval date;

b. The Referred Individual is a New-to-Bank customer (as defined in Clause 35) and within one (1) calendar month of the date of referral

i. Successfully applies for a Beyond Credit Card as the principal cardholder;

ii. Successfully applies for a Wealth $aver Account as the primary account holder;

iii. Starts a SC Priority, Priority Private or Private Banking relationship with the Bank

iv. Fulfils all of the following requirements corresponding to the banking relationship established by the Referred Individual;

SC Priority Banking	SC Priority Private/Private Banking
Completes a Financial Needs Analysis	Consents to be treated as an Accredited Investor (as interpreted and effected under the Securities and Futures Act (Chapter 289 of Singapore) and the Securities and Futures (Classes of Investors) Regulations 2018) by the Bank for at least six (6) calendar months after establishing the Priority Private relationship with the Bank, including providing such supporting documentation and information as required by the Bank, with such status to be determined by the Bank in its sole and absolute discretion
Maintains month-end balances of at least S$200,000 (or its equivalent in another currency) in the new Wealth$aver Account mentioned above for at least six (6) calendar months after establishing the Priority Banking relationship with the Bank (“Maintenance Period”)	Maintains month-end balances of at least S$1,500,000 (or its equivalent in another currency) in the new Wealth$aver Account mentioned above for at least six (6) calendar months after establishing the Priority Private relationship with the Bank. (“Maintenance Period”)

v. Has not had a SC Priority, Priority Private or Private Banking relationship with the Bank in the 12 months prior to the commencement of the Promotion Period, albeit with no existing relationships; and

vi. Is not participating in the Priority Banking and Priority Private Qualified Client Promotion.

c. The referral is made in compliance with the Personal Data Protection Act 2012.

58. A referral will not be considered successful if it is made by an employee of the Bank or its affiliated companies who is:

a. A representative that conducts regulated activities under the Financial Advisers Act 2001 and the Securities Futures Act 2001;

b. An individual that has the authority to make decisions or conduct activities that can significantly impact the safety and soundness of the Bank or its affiliated companies, or cause harm to a significant segment of the customers or other stakeholders of the Bank or its affiliated companies;

c. An individual that is principally responsible for the day-to-day management of the Bank or its affiliated companies (i.e., Certified Persons); or

d. An individual whose job duties include the procurement and referral of New-to-Bank customers of the Bank or its affiliated companies (such as Relationship Managers, Business Acquisition Managers and Relationship Service Managers).

59. This Beyond Credit Card Referral Programme is not valid in conjunction with the Priority Banking and Priority Private Referral Campaign.

60. The date of referral shall be determined as the date that Bank receives the contact details of the Referred Individual.

 

Offer Mechanics

61. For each successful referral made where the Referred Individual establishes a SC Priority Banking relationship with the Bank, you will receive 50,000 miles (credited to the Beyond Card account in the form of 125,000 Rewards Points). 

62. For each successful referral made where the Referred Individual establishes a SC Priority Private or Private Banking relationship with the Bank, you will receive 150,000 miles (credited to the Beyond Card account in the form of 375,000 Rewards Points).

63. The respective Rewards Points will be credited to the Beyond card account within 2 months after the Maintenance Period.

64. The number of successful referrals made is capped at 1 Priority Banking referral and 1 Priority Private referral each. In other words, the maximum number of miles to be earned from the Beyond Credit Card Referral Programme is 200,000 miles (credited to the Beyond Card account in the form of 500,000 Rewards Points).

65. The Referred Individual may participate in the Standard Chartered Beyond Credit Card Beyond A Million Miles Promotion if the Referred Individual fulfils the respective requirements listed in this Standard Chartered Beyond Credit Card Beyond A Million Miles Promotion Terms and Conditions.

 

IMPORTANT DISCLAIMERS:

Investment Products

This document does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy. It has not been prepared for any particular person or class of persons and does not constitute and should not be construed as investment advice nor an investment recommendation. It has been prepared without regards to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a financial adviser on the suitability of an investment for you, taking into account these factors before making a commitment to invest in an investment.

 

Investment products are not deposits and each of the investment products mentioned does not qualify as an insured deposit under the Singapore Deposit Insurance and Policy Owners’ Protection Schemes Act 2012, Rev. Ed. The products / services involved are not principal-protected and you may lose all or part of your original investment amount.

 

Insurance Disclaimers

This document is being distributed for general information only and it does not constitute an offer, recommendation, solicitation of an offer to enter into any transaction, including to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. Please refer to the exact terms and conditions, specific details and exclusions applicable to this(these) insurance product(s) in the policy documents which can be obtained from your licensed or an exempt financial adviser. This document has not been prepared for any particular person or class of persons and it has been prepared without regard to the specific investment or insurance objectives, financial situation or particular needs of any person. You should seek advice from a licensed or an exempt financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase any product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you. You are fully responsible for your investment decision, including whether the insurance products and services described in this document are suitable for you.

 

This document describes the insurance products and services provided by Prudential Assurance Company Singapore (Pte) Limited (“Prudential) in alliance with Standard Chartered Bank (Singapore) Limited (“SCBSL”). This document does not constitute a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy, which will be sent to you upon the acceptance of your application by Prudential. All insurance products described in this document are distributed by SCBSL and underwritten by Prudential. In facilitating insurance arrangements or in referring customers to Prudential, SCBSL is acting as a distributor, in alliance with Prudential and not as an agent for customers. SCBSL shall not be liable in any manner whatsoever regarding your application or the contract of insurance.

 

Additionally, as buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

 

These policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Prudential or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

 

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.