1. This Standard Chartered SC Referral Club – Refer and Earn Promotion (the “Promotion”) is valid from 1 March 2025 to 31 May 2025, both dates inclusive (“Promotion Period”). By participating in this Promotion, you and the Referred Individual (as defined below) agree to be bound by these Promotion terms and conditions.

2. The Promotion is only open to customers of Standard Chartered Bank (Singapore) Limited (“Bank” or “Standard Chartered”) who,

1. 1. hold a valid current/cheque account and/or savings account (“Deposit Account”) as a primary account holder and/or are principal cardholders of credit cards (“Credit Card”) issued by the Bank (hereafter, such existing customer of the Bank being referred to as “you” or “Existing Customer”) and,
   2. during the Promotion Period, successfully refer any family member or friend (such referred individual to be termed as a “Referred Individual”) to the Bank to sign up for participating product(s) (“Participating Products”) as defined in clause 3.

3. The Participating Products under this promotion will include the following:

Deposit Account (“Eligible Deposit Account”)

• • Bonus$aver Account;

Credit Card (“Eligible Card”)

• • Simply Cash Credit Card; or
  • Journey Credit Card; or
  • Smart Credit Card or;
  • Visa Infinite Card

Investment (“Eligible Investment Account”)

• • SC Online Trading

4. Prior to referring a Referred Individual to the Bank, you:
   1. must consent to the Bank disclosing your name, and the fact that you hold at least 1 Deposit Account or Credit Card issued by the Bank to the Referred Individual;
   2. must inform the Referred Individual that Referral Cashback (as defined under clause 7 below) will be accorded to you if these Promotion terms and conditions are complied with;
   3. undertake to comply with the provisions of the Personal Data Protection Act 2012 (and all relevant subsidiary legislation) as may be applicable, including to obtain any required consent from any Referred Individual to receive from you the Referral Code (as defined under clause 5(a) below); and
   4. must inform, and obtain the consent of, such Referred Individual that the application status of their Eligible Deposit Account or Eligible Card or Eligible Investment Account with the Bank or has successfully performed a ‘buy’ transaction on SC Online Trading would be disclosed to you by virtue of whether you receive Referral Cashback under this Promotion.

5. A referral will be considered successful when:
   1. the Existing Customer, during the Promotion Period shares his/her referral code (“Referral Code”) that is generated via the Standard Chartered Mobile App;
   2. the Referred Individual, during the Promotion Period applies for at least 1 Eligible Deposit Account or Eligible Card using the referral code that is shared with him/her by the Existing Customer;
   3. the Referred Individual, during the Promotion Period applies for an Eligible Investment Account using the referral code that is shared with him/her by the Existing Customer, opens an SC Online Trading account, and successfully performs a ‘buy’ transaction on SC Online Trading within 30 calendar days from account opening date (‘buy’ transaction must be performed by within 30 calendar days from SC Online Trading account opening date.);
   4. the Bank receives the Referred Individual’s application for the Eligible Deposit Account or Eligible Card or Eligible Investment Account within the Promotion Period. Notwithstanding the foregoing, the Bank may continue to process any application received by the Bank for up to 14 calendar days after the end of the Promotion Period, and the Bank 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-to-case basis, subject to these Promotion Terms and Conditions;
   5. the application for the Eligible Deposit Account or Eligible Card or Eligible Investment Account is approved by the Bank, and such approval is final and unconditional;
   6. the Referred Individual:

• • • applying for an Eligible Deposit Account is not an existing primary account holder of an Standard Chartered current and/or savings account(s) issued by the Bank, and/or does not have any previously closed / cancelled account in the last 12 months prior to the Referral Date (as defined in Clause 7 below).
    • applying for an Eligible Card is not an existing principal cardholder of any credit card issued by the Bank, and/or does not have any previously cancelled credit card in the last 12 months prior to the Referral Date (as defined in Clause 7 below). The Eligible Card must, within six (6) months of the Eligible Card opening date, be valid (i.e. the Eligible Card must not be suspended, cancelled and/or terminated), in good standing, and conducted in a proper and satisfactory manner as determined by Standard Chartered in its sole and absolute discretion;
    • applying for an Eligible Investment Account between 1 March 2025 to 31 March 2025, is not an existing main account holder of SC Online Trading and did not previously close an SC Online Trading account between 1 January 2024 to 31 December 2024 (as defined in Clause 7 below);
    • applying for an Eligible Investment Account between 1 April 2025 to 31 May 2025, is not an existing main account holder of SC Online Trading and did not previously close an SC Online Trading account between 1 April 2024 to 31 March 2025 (as defined in Clause 7 below and

1. 7. the Referred Individual applying for:
      • An Eligible Deposit Account is at least 18 years old as at the Referral Date (as defined in Clause 7 below)
      • An Eligible Card is at least 21 years old as at the Referral Date (as defined in Clause 7 below)
      • An Eligible Investment Account is at least 21 years old as at Referral Date (as defined in Clause 7 below).

6. For the purposes of the Promotion, the “Referral Date” is the date on which the Referred Individual applies for an Eligible Deposit Account or Eligible Card or Eligible Investment Account using the Referral Code that an Existing Customer has shared with him/her.

Referral Cashback to be received by the Existing Customer

7. If Clauses 2, 3, 4, 5, 6 stipulated above are fulfilled, an Existing Customer will receive cashback (“Referral Cashback”) per successful Referred Individual based on the table below. There is no cap on the total amount of Referral Cashback.

8. If more than one (1) Existing Customer refers the same Referred Individual to the Bank during the Promotion Period under the Promotion, only one (1) Existing Customer will be eligible for the Referral Cashback. Only the Existing Customer whose Referral Code has been used by the Referred Individual to make the application for an Eligible Deposit Account or Eligible Card(s) or Eligible Investment Account will be eligible for the Referral Cashback. In the event of any dispute, the Bank shall have the sole and absolute discretion to determine which Existing Customer is eligible for the Referral Cashback.

9. If a particular Referred Individual, pursuant to the Promotion, applies for more than one (1) Eligible Deposit Account and/or more than one (1) Eligible Card and/or more than one (1) Eligible Investment Account during the Promotion Period, a maximum of one (1) Eligible Deposit Account or one (1) Eligible Card or one (1) Eligible Investment Account application will be eligible for the Referral Cashback. The Referral Cashback will only be awarded for the application for the Eligible Deposit Account or Eligible Card or Eligible Investment Account which the Bank approves first, pursuant to this Promotion, and will only be awarded to the Existing Customer whose Referral Code has been used by the Referred Individual to submit such application. In the event of any dispute, the Bank shall have the sole and absolute discretion to determine which Eligible Deposit Account or Eligible Card or Eligible Investment Account application is eligible for the Referral Cashback.

Crediting of Cashback 

10. The Referral Cashback shall be credited into one of the Existing Customer’s Standard Chartered Deposit Account(s) or Credit Card with the Bank within 60 days from the date of approval of the Referred Individual’s first Eligible Deposit Account and/or Eligible Card, or within 30 days of the date of the successful ‘buy’ transaction performed by the Referred Individual on SC Online Trading, which the Bank approves pursuant to this Promotion, subject to such Existing Customer’s Deposit Account and/or Credit Card being valid and in good standing at the time the Referral Cashback is credited. The Referral Cashback which is to be awarded to an Existing Customer will be forfeited if the Existing Customer’s Deposit Account or Credit Card with the Bank is suspended, closed or if the Existing Customer is in breach of our banking agreement at the time the Referral Cashback is credited. For the avoidance of doubt, the Bank has the discretion to decide which account the Referral Cashback will be credited into.

11. In the event that any of the Existing Customer’s Deposit Account(s) or Credit Card(s) is not valid (i.e. the Eligible Deposit Account or Eligible Card account is suspended, cancelled and/or terminated), not in good standing, or not conducted in a proper and satisfactory manner as determined by Standard Chartered in its sole and absolute discretion, prior to the crediting of the Referral Cashback the Existing Customer will be considered as disqualified from this Promotion and the Referral Cashback will be forfeited.

12. The Bank reserves the right to decline to credit the Referral Cashback or cancel the credit of the Referral Cashback, 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:
    1. where the Existing Customer has acted fraudulently or dishonestly;
    2. where the Existing Customer had conducted himself / herself in bad faith or otherwise in an inappropriate manner to gain an unfair advantage against the Bank; and/or
    3. 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 Clause 29.3 and Clause 33 of our Customer Terms and elsewhere in our banking agreement; and/or
    4. Where the Referred Individual fails to meet the requirements set out in Clause 5 above, the Bank may decline to credit the Referral Cashback or cancel the crediting of the Referral Cashback, substitute the Referral Cashback with a lower value reward.

 Lucky Draw Mechanics 

13. If Clauses 2, 3, 4, 5, 6 stipulated above are fulfilled, an Existing Customer will earn one (1) chance to win the Lucky Draw Prize for each successful referral.
14. There shall only be ten (10) winners (“Lucky Draw Eligible Customer“) for this Lucky Draw. Each winner shall only be entitled to win one (1) [4 hours SUNRISE yacht charter with White Sail Pte Ltd] (“Prize”).

Lucky Draw Date and Determination of Winners

15. The Lucky Draw will be conducted in the presence of an independent auditor at Standard Chartered Bank CBP1 (7 Changi Business Park Crescent, Singapore 486028) on 11 July 2025, at 1430 hours or at such venue, date and time as may be determined and informed.
16. Lucky Draw Eligible customers shall be randomly selected by an automated computerized system for the Prize and the winners will be verified by an independent auditor as stated in clause 15. The Bank shall have full and absolute discretion to change the Lucky Draw mechanics including the date and venue of the Lucky Draw without giving prior notice or reason (and the Bank shall not be obliged to disclose its reason). The Bank may appoint, in its sole and absolute discretion, any party as the Bank deems fit as the external auditor for the Lucky Draw.

Fulfilment – Lucky Draw

17. Within 7 days after the Lucky Draw is conducted, the Lucky Draw Eligible Customer will be notified of the result via push notification through the SC Mobile App and/or electronic direct mailer from the Bank. This will include the details of the redemption process. If the Lucky Draw Eligible Customer is subsequently deemed as ineligible or disqualified, the Bank reserves the right to draw reserve winners (the “Reserve Lucky Draw Customer “) and the Reserve Lucky Draw Winner will be notified via a push notification through the SC Mobile App and/or electronic direct mailer from the Bank.

18. The Lucky Draw Prize is non-transferrable, non-redeemable for cash, non-assignable, non-exchangeable and non-replaceable; save that the Bank may, at its discretion, substitute the Lucky Draw Prize with an item or items of equal or similar value. Lucky Draw Eligible Customer is solely responsible for local taxes that may apply to the Prize. In the event that a Lucky Draw Eligible Customer elects not to collect or utilize all or any portion of a Prize, such Prize or portion thereof shall be deemed forfeited.

19. Use of the Prize is, where applicable, subject to the terms and conditions of the merchants providing the relevant products and/or services; please refer to the respective merchants for details. The Bank is not a supplier of the products and/or services provided by the merchants involved in this Promotion and will not accept any liability in relation thereto. There will be no replacement of any lost, defaced, damaged or stolen Prize (or any part of it) after issuance.

20. With regard to the Prize:
    1. Package is for 10 pax, provided by White Sails Yacht Pte Ltd
    2. Package includes use of vessel, captain and boat crew, fuel, post-charter cleaning, utilities, along with the complimentary water activities (use of 1 kayak, 1 stand up paddle, 2 snorkel kits, 2 fishing rods excluding bait and 1 floating mat), Bluetooth speakers and karaoke system.
    3. Package includes BBQ Package for 10 pax (includes food, pit, and grilling service) and 24 bottles of water.
    4. The package includes rates on weekdays and weekends (no further surcharge applies for weekend bookings).
    5. Package is to be redeemed by 31 Dec 2025.
    6. This Package cannot be used in conjunction with other promotions.
    7. For other options and services provided by White Sails, customers may enquire with White Sails directly at www.whitesails.com.sg. Charges may apply for such additional options.

21. By participating in the Promotion, you consent to the publication of your name if you are the Lucky Draw Winner. The Lucky Draw result (the Lucky Draw winner’ partial name and last 4 digit of NRICs) will be published on the Bank website (www.sc.com/sg/refer) and social channels, within 7 days after the Lucky Draw is conducted.

General

22. The Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with the Promotion. The Bank’s determination of all matters relating to this Promotion shall be final and conclusive and no correspondence will be entertained.

23. The Bank further reserves the right to do any of the following at any time, without prior notice or reason (and the Bank shall not be obliged to disclose its reason):
    1. make any changes to the Promotion;
    2. replace or substitute the Referral Cashback with another reward of equivalent or similar value; and/or
    3. vary, modify, add, delete or otherwise revise any of these Promotion terms and conditions, including terminating or withdrawing the Promotion, or to extend or shorten the Promotion Period at any time at the Bank’s sole discretion.

You understand and agree to be bound by any variation, modification, addition, deletion and revision to these Promotion terms and conditions.

Unless otherwise stated, the Promotion is valid with other offers, discounts, rebates, vouchers, privileges, or promotions.

24. The Referral Cashback are not exchangeable for any other items, and are non-transferable and non-assignable.

25. 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, and will be indemnified from and against, any liability, loss, claim, damage or costs of any kind (including legal costs) to any person or entity, in whole or in part, directly or indirectly, whether by reason of the acceptance, possession, use or misuse of the Referral Cashback.

26. 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.

27. By participating in the Promotion, you consent to the use of your personal data by the Bank for marketing purposes, including but not limited to the use of your telephone number to contact you about products and promotions offered by the Bank from time to time via telephone, SMS or electronic direct mailer.

28. Please read these Promotion terms and conditions together with our Customer Terms, Credit Card Terms, Current/Cheque/Savings Account and Time Deposit Terms, Online Trading Terms and Conditions and any other specific product terms that may be applicable in relation to this Promotion (collectively, “Other Terms”). If there is any inconsistency between these Promotion terms and conditions and the Other Terms, these Promotion terms and conditions shall, to the extent of such inconsistency, prevail.

29. A person who is not a party to these Standard Chartered SC Referral Club – Refer and Earn Promotion Terms and Conditions has no right under the Contracts (Rights of Third Parties) Act 2001 to enforce any of these Standard Chartered SC Referral Club – Refer and Earn Promotion Terms and Conditions.

30. These Standard Chartered SC Referral Club – Refer and Earn Promotion Terms and Conditions and any dispute or claim arising out of or in connection with these Promotion Terms and Conditions, shall be governed by and is to 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.

31. All information is correct at the time of publication. 

Deposit Insurance Scheme

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.

Important Disclaimer

You are fully responsible for your investment decision, including whether the Online Trading platform services are suitable for you. The products / services involved are not principal-protected and you may lose all or part of your original investment amount.

Updated as of 1 March 2025