1. This Bonus$aver Sign-up Gift (1 March 2018 – 31 July 2018) Promotion (the “Promotion”) is available from 1 March 2018 to 31 July 2018 (both dates inclusive) (the “Promotion Period”) to all new and existing clients of Standard Chartered Bank (Singapore) Limited (“Standard Chartered” or the “Bank”), who are individuals and new to Bonus$aver¹. By participating in this Promotion, you agree to be bound by these terms and conditions.

Eligibility
2. To qualify for this Promotion:
a. you must apply for (i) a Bonus$aver current/cheque account (the “Bonus$aver Account”) as a main account holder and (ii) a Bonus$aver World MasterCard credit card (“Bonus$aver Credit Card”) issued by the Bank as a principal cardholder, via one of two modes of application (each a “Mode of Application”), that is, either (a) filling up and submitting the online application form via the Bank’s website (the “Online Application”) or (b) filling up and submitting the physical application forms available at any of the Bank’s branches (the “Branch Application”) during the Promotion Period;
b. both your applications for the Bonus$aver Account and Bonus$aver Credit Card must be approved by the Bank;
c. you must deposit a minimum sum of either S$10,000 or S$50,000 (as specified in the table at Clause 4 below) in fresh funds* (the “Minimum Deposit”) into the Bonus$aver Account at the time of account opening, where “fresh funds” means funds that do not originate from any existing account with the Bank and funds that are not withdrawn and re-deposited with the Bank within the last 30 days of opening of your Bonus$aver Account;
d. you must maintain the Minimum Deposit in your Bonus$aver Account until the end of the calendar month immediately after the calendar month in which your Bonus$aver Account is opened; and
e. your Bonus$aver Account and your Bonus$aver Credit Card account must be validly existing (i.e. must not be suspended, cancelled or terminated), in good standing, and conducted in a proper and satisfactory manner at all times, as determined by the Bank in its sole and absolute discretion.

3. For the avoidance of doubt, this Promotion is only applicable to new applications for Bonus$aver¹ received by the Bank during the Promotion Period only. You must not have had a previous Bonus$aver Account and/or Bonus$aver Credit Card account suspended, cancelled or terminated for any reason prior to your new application for Bonus$aver and subsequently reopen another Bonus$aver Account and/or Bonus$aver Credit Card account for the purposes of this Promotion.

Bonus$aver Sign-up Gift
4. If you satisfy the qualifying criteria in Clause 2 (read with Clause 3) above, you will receive one (1) sign-up gift (the “Gift”) stipulated in the right-most column of the table below, which corresponds to the Mode of Application (either Branch Application or Online Application, as set out in the left-most column) and the amount of Minimum Deposit (either S$10,000 or S$50,000, as set out in the middle column):

5. If you apply for a Bonus$aver Account and Bonus$aver Credit Card and are eligible for a Gift, you will receive a Redemption Letter or an SMS (“Redemption SMS”) (to be determined by the Bank at its sole and absolute discretion) with details on the redemption of the Gift. Hereinafter, a “Redemption Letter” and a “Redemption SMS” shall be collectively referred to as “Redemption Notification”. Any Gift that is not redeemed by the expiry date stated in the Redemption Notification or otherwise stipulated by the Bank and/or merchants will be forfeited.

6. No payment or compensation whether in cash, credit or kind shall be made for any uncollected, lost, misplaced, defaced, stolen or damaged Gift or Redemption Notification. The Bank is not an agent of the merchants supplying the Gifts. The Bank makes no warranty or representation as to the quality, value, merchantability or fitness for purpose of the Gifts and assume no liability or responsibility for the acts or omissions of the merchants or any non-performance or defects in the Gifts. Any dispute about the quality, value, condition or performance of the Gifts shall be resolved directly between you and the merchants supplying the Gifts. The Bank is not obliged to assist or act on your behalf in communicating with the merchants supplying the Gifts for any reason. You accept the Gift as it is and subject to any terms and conditions the merchants may impose.

7. For the avoidance of doubt, you are entitled to a maximum of one (1) Gift for this Promotion, on a first-come, first-served basis, while stocks last. You shall be notified by mail or SMS (to be determined by the Bank at its sole and absolute discretion) on your eligibility for a Gift within three (3) months of the date of approval of your Bonus$aver application or such other time as may be determined by the Bank at its sole and absolute discretion. The Gifts are not exchangeable for cash or any other items, and are non-transferable and non-assignable. The Bank reserves the right to replace or substitute the Gift with any item of equivalent or similar value, without prior notice or reason (and the Bank shall not be obliged to disclose its reason).

General
8. Unless otherwise stated, this Promotion is not valid with other offers, discounts, rebates, vouchers, privileges or promotions.

9. Please refer to the Bank’s Pricing Guide at https://av.sc.com/sg/content/docs/sg-scb-pricing-guide.pdf for any applicable fees and charges, or visit https://www.sc.com/sg/bonussaver/ for more information on Bonus$aver, including the latest terms and conditions applicable to the Promotion.

10. The Bank may vary, modify, add, delete or otherwise revise any of the terms and conditions governing the Promotion or to terminate, withdraw, extend 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 reason). 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 the Gift and/or the Promotion. The Bank’s determination of all matters relating to this Promotion shall be final and binding and no correspondence will be entertained.

11. These Bonus$aver Sign-up Gift (1 March 2018 – 31 July 2018) Promotion Terms and Conditions are to be read in conjunction with the Bank’s Customer Terms, Current/Cheque/Savings Account and Time Deposit Terms, Bonus$aver Product Terms and Credit Card Terms (collectively, “Standard Terms”). If there is any inconsistency between the Standard Terms and these terms, these terms shall prevail to the extent of such inconsistency.

¹Bonus$aver comprises a current/cheque account and a Bonus$aver World MasterCard debit and/or credit card(s) which may be linked to the current/cheque account. Please refer to the Bonus$aver Product Terms https://www.sc.com/sg/terms-and-conditions/bonusaver-product-terms/ for more information.

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Updated as of 31 May 2018