Priority Private Cashback and Deposit Campaign from July 2025 to September 2025

“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/ AUM” Means Current, Savings, Term Deposit products and total average deposit balance in these Accounts.
“Client” Means Priority Private, Priority and Premium Banking Clients who hold an active Transacting Account(s) with SCB
“Campaign” Clients shall be eligible to earn Cash Back and Profit on Wealth$aver when they meet the campaign terms.
“Campaign Period” The Campaign period is between 1st July 2025 to 30th September 2025, both days inclusive.
“Currency” AED
Standard Profit on Wealth$aver (Average Balance in AED) Per Annum AED 500,000 to 4,999,999 – 2.75%

AED 5,000,000 to 10,000,000 – 3.50%
“Special Profit” (Average Balance in AED) Per Annum AED 370,000 to 499,999 – 2.00%
“Salary Transfer” Minimum of AED 30,000 credited into the client’s salary account monthly, net of all pre-deductions by the client’s employer, excluding any variable commissions
  1. The offer will be provided only during the Campaign Period between 1st July 2025 to 30th September 2025, both days inclusive.
  2. The offer is available to all new clients of Standard Chartered Bank UAE, (hereinafter “the Bank”). Clients shall be eligible to earn Cash Back and Profit on Wealth$aver when they meet the requirements set out in these Terms & Conditions.
  3. New to Bank clients are defined as clients who have not been Priority Banking clients of the Bank within the past 12 months and have 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
  4. Eligible Deposit Products include Current and/or Savings Accounts, including Saadiq variants. This excludes MortgageOne Account and SaadiqOne Account.
  5. Assets under Management (“AUM”) is calculated as the sum of balances of all eligible Deposit Products, in AED or foreign currency equivalents.
  6. Following Products subscribed during the campaign will be accepted to be part of AUM calculations for Cashback eligibility: Investments including Mutual Funds, Wrap products, Fixed income securities, Smart Savings Plans, Single premium insurance, including Investments held under Wealth Lending.
  7. New Funds are defined as average balance brought in the account during the eligibility period that is maintained for 3 months following the month of account opening.
  1. Campaign Offer: All New to Bank Clients who meet the minimum eligibility criteria set out below are eligible for the cashback and profit based on the below tiers, refer Table 1:

 

Criteria/Average Balance AED

(Table 1)

 Current / Savings Account AED Salary Transfer
AED 30,000 & Above		 Journey Credit Card
AED		 Profit on Wealth$aver p.a.
370,000 to  499,999 4,025 1,000 1,000 2.00%
500,000 to

749,999

 4,025 1,000 1,000 2.75%
750,000 to

999,999

 8,000 1,000 1,000 2.75%
1,000,000 to 3,699,999 13,000 1,000 1,000 2.75%
3,700,000 to 4,999,999 15,000 1,000 1,000 2.75%
5,000,000 to 10,000,000 18,000 1,000 1,000 3.50%
  1. Standard and Special profit is applicable only on the Wealth$aver product subscribed during the campaign period.
    1. Standard Profit will be calculated on monthly basis and credited on the account at the end of each month.
    2. Special Profit will be calculated for all months and credited along with the Cashback for the eligible clients.
  2. Cashback of AED 1,000 for Journey Credit Card will be paid when clients meet the minimum spend requirement of up to AED 10,000 in the first 60 days of card activation.
  3. For more information on the Insurance Offer for New to Bank Clients refer to additional Terms and Conditions set out in Appendix 1.
  4. Funding qualification and payout schedule refer to Table 2:
Account Opening Month

(Table 2)

 Funding Month Period of maintaining the funds in the account Cash Back + Profit Payout Month
July 2025 August 2025 August – October 2025 November 2025
August 2025 September 2025 September – November 2025 December 2025
September 2025 October 2025 October – December 2025 January 2026
  1. For Illustrations refer to Table 3 below:
lllustrations
(Table 3)		 Average Balance AED CashBack Value AED 3 Month Profit/ Hiba Salary Cashback AED Journey Card Cashback AED Total Payout AED Account Opening Month Payout Month
Wealth$aver Account 370,000 4,025 1,850.00 – – 5,875 July 2025 Nov 2025
Wealth$aver Account 750,000 8,000 5,156.25 – – 13,156 Aug 2025 Dec 2025
Wealth$aver Account 1,000,000 13,000 6,875.00 – – 19,875 Sept 2025 Jan 2026
Wealth$aver Account 3,700,000 15,000 25,437.50 – – 40,438 July 2025 Nov 2025
Wealth$aver Account 5,000,000 18,000 43,750.00 – – 61,750 Aug 2025 Dec 2025
Wealth$aver + Salary Transfer 370,000 4,025 1,850.00 1,000 – 6,875 July 2025 Nov 2025
Wealth$aver + Salary Transfer 750,000 8,000 5,156.25 1,000 – 14,156 Aug 2025 Dec 2025
Wealth$aver + Salary Transfer 1,000,000 13,000 6,875.00 1,000 – 20,875 Sept 2025 Jan 2026
Wealth$aver + Salary Transfer 3,700,000 15,000 25,437.50 1,000 – 41,438 July 2025 Nov 2025
Wealth$aver + Salary Transfer 5,000,000 18,000 43,750.00 1,000 – 62,750 Aug 2025 Dec 2025
Wealth$aver + Journey Card 370,000 4,025 1,850.00 – 1,000 6,875 July 2025 Nov 2025
Wealth$aver + Journey Card 750,000 8,000 5,156.25 – 1,000 14,156 Aug 2025 Dec 2025
Wealth$aver + Journey Card 1,000,000 13,000 6,875.00 – 1,000 20,875 Sept 2025 Jan 2026
Wealth$aver + Journey Card 3,700,000 15,000 25,437.50 – 1,000 41,438 July 2025 Nov 2025
Wealth$aver + Journey Card 5,000,000 18,000 43,750.00 – 1,000 62,750 Aug 2025 Dec 2025
Wealth$aver + Salary + Card 370,000 4,025 1,850.00 1,000 1,000 7,875 July 2025 Nov 2025
Wealth$aver + Salary + Card 750,000 8,000 5,156.25 1,000 1,000 15,156 Aug 2025 Dec 2025
Wealth$aver + Salary + Card 1,000,000 13,000 6,875.00 1,000 1,000 21,875 Sept 2025 Jan 2026
Wealth$aver + Salary + Card 3,700,000 15,000 25,437.50 1,000 1,000 42,438 July 2025 Nov 2025
Wealth$aver + Salary + Card 5,000,000 18,000 43,750.00 1,000 1,000 63,750 Aug 2025 Dec 2025
  1. 3 Month Profit/Hiba is calculated based on average balance maintained for a period of 90 days multiplied by the applicable rate per annum as highlighted in table 1.
  2. In event of closure of any or all of the Account(s) prior to the expiry of the Campaign Period; no cash back and Special profit will be paid on the balance that was held in such account(s).
  3. These terms and conditions are supplemental to the Client & Product Terms and Conditions
  4. 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.
  5. The 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 Priority relationship manager or Premium executive. 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.
  6. For Wealth$aver, Hiba is over and above the Mudarabah rate and is being offered by the Bank at its sole discretion. If there is no Mudarabah profit or (there is) loss, Hiba will not be paid.
  7. The Bank shall not pay late payment charges or additional profit for any delay in giving the cashback and/or prize.
  8. 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.
  9. Minor / Guardianship accounts are excluded from the campaign.
  10. 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 deposits or transfers routed through other bank(s) will be excluded from New Funds calculations.
  11. Setup of multiple family accounts will not be eligible under the campaign and will be excluded from New Funds calculations.
  12. 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.
  13. 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 Dubai.
  14. 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 (Calling from overseas +971 4 403 9639), 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/