Terms and Conditions Applicable during the Deposit Campaign Period

“SCB” STANDARD CHARTERED BANK, incorporated in England and Wales with limited liability by Royal Charter 1853 reference number ZC18 and licensed to operate as a commercial bank in the United Arab Emirates (UAE) by the Central Bank of UAE;
“Account(s)/ Account Balance(s)/ Overall Relationship Balance/ Assets Under Management (AUM)” Account(s) Means Current, Savings, Term Deposit products and total average deposit balance in these Accounts.
AUM Means the Total Deposit Balances and Wealth Balances for a Client
“Client” Means Priority Private & Priority Banking Existing to Bank clients onboarded prior to 1st January 2025
“Campaign Offer”
“Campaign Period”		 Campaign means Clients shall be eligible to earn Cashback and Special Profit on Regular Savings when they meet the campaign terms. (Refer to clause 8)

The Campaign period is between 1st June 2026 to 31st August 2026, both days inclusive.
“Savings Account” /
“Currency”		 Means Savings Account in AED or USD Currency Only
Wealth$aver and XtraSaver Accounts are not included in this offer
“Wealth Subscription Cashback” Cashback of AED 3,670 with a minimum client investment value of USD 100,000 (Refer to clause 7)
“Profit/Profit Rate” All references to “Profit/Profit Rate” in these Terms & Conditions are considered expected profit/profit rate
  1. The offer will be provided only during the Campaign Period between 1st June 2026 to 31st August 2026, both days inclusive.
  2. Clients shall be eligible to earn Special Profit if they meet the requirements set out in these Terms & Conditions.
  3. To be eligible to earn Special Profit, a client must fund their Account Balance(s) by a minimum of AED 100,000 or equivalent in USD and maintain the amount in their account throughout the Campaign Period.
  4. The Special Profit rate will be calculated on the average balance brought into the Savings Account till August 2026, and will be credited along with the Cashback for the eligible clients by 30th September 2026.
  5. The minimum and maximum amounts eligible for Profit for each eligible Client shall be AED 100,000 and AED 3,000,000 for AED Savings Accounts or USD 28,000 and USD 818,000 for USD Savings Account on the average balance amount.
  6. Balances transferred from any of the existing Account(s) to the Savings Account are not eligible during the campaign.
  7. Wealth Cashback Offer: Clients who subscribe for Wealth Products during the Campaign Period with an equity amount of minimum value USD 100,000 will be eligible for cashback of AED 3,670. Wealth Products include Mutual Funds, Fixed Income Securities, and Structured Products. 
  1. Special Profit Offer:
    1. All Existing to Bank Clients who meet the minimum eligibility criteria set out below are eligible for Profit based on the below tiers, refer Table 1 for AED Savings Account and Table 2 for USD Savings Account
    2. Eligible clients may only receive Special Profit for either their AED Savings or their USD Savings and not both simultaneously.
    3. Clients who both subscribe to an eligible Wealth Product during the Campaign Period and fund their Savings Account within the listed balance tiers will be eligible for an additional 0.25% Profit on their Savings Account.
Average Balance AED (Table 1) Special Profit* (Campaign Profit rate) Wealth Subscription Total Profit Rate
100,000 to 499,999 3.50% 0.25% 3.75%
500,000 to 749,999 3.75% 4.00%
750,000 to 1,999,999 4.00% 4.25%
2,000,000 to 3,000,000
*Payout of Special Profit will be completed by 30th September 2026.

 

Average Balance USD (Table 2) Special Profit* (Campaign Profit rate) Wealth Subscription Total Profit Rate
28,000 to 135,999 3.50% 0.25% 3.75%
136,000 to 204,999 3.75% 4.00%
205,000 to 544,999 4.00% 4.25%
545,000 to 818,000
*Payout of Special Profit will be completed by 30th September 2026.

 

  1. In event of closure of any or all of the Account(s) prior to the expiry of the Campaign Period; no Special Profit or Cashback will be paid on the balance that was held in such account(s).
  2. These Terms and Conditions are supplemental to the Client & Product Terms and Conditions
  3. The Campaign and these terms and conditions may be amended and/or terminated at any time by SCB without prior notice and is not valid in conjunction with any other special promotion or other reward periodical campaign.
  4. The Special Profit payable under the Campaign will be applied to all eligible Clients automatically. If any eligible Client wishes to opt out of this Campaign, they may do so at any time by notifying their Relationship Manager. A Client’s participation in the Campaign constitutes to his/her acceptance of the terms and conditions contained herein, as amended from time to time.
  5. For Islamic variants, Hiba is over and above the Mudarabah profit rate and is being offered by the Bank at its sole discretion. If there is no Mudarabah profit or (there is) loss, discretionary Hiba will not be paid.
  6. Should you have any concerns or complaints regarding any of our products or services, you may raise your complaint by emailing us at complaint.resolution@sc.com or calling our Client Care Centre on 800 4949 or +971 4 403 9639 from outside the United Arab Emirates, and we will get back to you within 2 working days. To know more about our Complaints Resolution process, visit https://www.sc.com/ae/customer-service/
  1. For Illustrations refer to below:
Illustration
(Table 3)		 Average Balance AED Wealth Subscription Cashback AED 3 Month Profit/ Hiba Total Payout AED Payout Month
Savings Account AED 100,000 – 875.00 875 Sept 2026
Savings Account AED 500,000 – 4,687.50 4,688 Sept 2026
Savings Account AED 750,000 – 7,500.00 7,500 Sept 2026
Savings Account AED 2,000,000 – 20,000.00 20,000 Sept 2026
Savings + Wealth 100,000 3,670 937.50 4,608 Sept 2026
Savings + Wealth 500,000 3,670 5,000.00 8,670 Sept 2026
Savings + Wealth 750,000 3,670 7,968.75 11,639 Sept 2026
Savings + Wealth 2,000,000 3,670 21,250.00 24,920 Sept 2026

 

Illustration
(Table 4)		 Average Balance USD Wealth Subscription Cashback USD 3 Month Profit/ Hiba (USD) Total Payout USD Payout Month
Savings Account USD 28,000 – 245.00 245 Sept 2026
Savings Account USD 136,000 – 1,275.00 1,275 Sept 2026
Savings Account USD 205,000 – 2,050.00 2,050 Sept 2026
Savings Account USD 545,000 – 5,450.00 5,450 Sept 2026
Savings + Wealth 28,000 1,000 262.50 1,263 Sept 2026
Savings + Wealth 136,000 1,000 1,360.00 2,360 Sept 2026
Savings + Wealth 205,000 1,000 2,178.13 3,178 Sept 2026
Savings + Wealth 545,000 1,000 5,790.63 6,791 Sept 2026