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 acting through its UAE Branch, which is licensed to operate as a commercial bank in the United Arab Emirates (UAE) by the Central Bank of UAE at Standard Chartered Tower, Emaar Square, Downtown Dubai, P.O. Box 999; Standard Chartered Bank UAE is licensed by Capital Markets Authority (“CMA”) to practice Promotion Activity.
“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 New or Existing to Bank clients
“Campaign Offer”

 

“Campaign Period”

 Campaign offer means Clients shall be eligible to earn Special Profit on Fixed Deposit Products (Conventional or Wakalah) when they meet the campaign terms.

The Campaign period is between 1st August 2026 and 30th September 2026, both days inclusive.
“Currency” Means Fixed Deposit in AED or USD Currency Only
“Wealth Subscription” Earn additional Profit with a minimum client investment value as illustrated in Tables 1 – 4.
“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 August 2026 and 30th September 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. New to Bank (NTB) 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. Special Profit Offer:
    1. The Special Profit rate will be calculated on the Fixed Deposit value booked and will be credited to the client account 1 month post Fixed Deposit maturity.
    2. The Fixed Deposit Tenor will be for 6 or 12 months only.
    3. The minimum and maximum amounts eligible for Special Profit for each eligible Client shall be AED 370,000 and AED 5,000,000 or USD 100,000 and USD 1,363,000 respectively for the Campaign.
    4. Special Profit shall be applicable on Fresh Funds, defined as average balance brought from outside the Bank during the Campaign Period and maintained within respective eligibility criteria, for both Fixed Deposits and Wealth Subscription.
    5. The Balances transferred from any of the existing Account(s) to the Fixed Deposit are not eligible during the campaign period.
    6. All New to Bank and Existing to Bank Clients who meet the minimum eligibility criteria set out below are eligible for Profit based on the below tiers, refer to Tables 1 & 2 for AED Currency and Tables 3 & 4 for USD Currency.
    7. Eligible clients may only receive Special Profit for either their AED Fixed Deposits or their USD Fixed Deposits, not both simultaneously.
    8. Wealth Products include Mutual Funds, Fixed Income Securities, and Structured Products. 

 

Fixed Deposit Value (AED) (Table 1) Fixed Deposit Rate on 12 Months Minimum Wealth Subscription Value (Client Equity) (AED) Special Profit Total Profit Rate
370,000 to 499,999 4.00% 130,000 1.00% 5.00%
500,000 to 1,999,999 370,000 1.25% 5.25%
2,000,000 to 3,699,999 550,000 1.75% 5.75%
3,700,000 to 5,000,000 1,000,000

 

Fixed Deposit Value (AED) (Table 2) Fixed Deposit Rate on 6 Months Minimum Wealth Subscription Value (Client Equity) (AED) Special Profit Total Profit Rate
370,000 to 499,999 3.50% 130,000 0.75% 4.25%
500,000 to 1,999,999 370,000 1.00% 4.50%
2,000,000 to 3,699,999 550,000 1.25% 4.75%
3,700,000 to 5,000,000 1,000,000

 

Fixed Deposit Value (USD) (Table 3) Fixed Deposit Rate on 12 Months Minimum Wealth Subscription Value (Client Equity) (USD) Special Profit Total Profit Rate
100,000 to 219,999 4.00% 35,000 1.00% 5.00%
220,000 to 549,999 100,000 1.25% 5.25%
550,000 to 999,999 150,000 1.75% 5.75%
1,000,000 to 1,363,000 275,000

 

Fixed Deposit Value (USD) (Table 4) Fixed Deposit Rate on 6 Months Minimum Wealth Subscription Value (Client Equity) (USD) Special Profit Total Profit Rate
100,000 to 219,999 3.50% 35,000 0.75% 4.25%
220,000 to 549,999 100,000 1.00% 4.50%
550,000 to 999,999 150,000 1.25% 4.75%
1,000,000 to 1,363,000 275,000
  1. Salary Transfer Cashback:
    1. Eligible clients shall receive additional cashback when they transfer their salary based on the below tiers:
      1. Salary transfer of AED 30,000 to AED 74,999 will receive AED 2,000 cashback
      2. Salary transfer of AED 75,000 and above will receive AED 4,000 cashback
    2. Salary credit criteria is net of all pre-deductions by the client’s employer, excluding any variable commissions
    3. Offer is eligible to all New to Bank clients, subject to 6 consecutive months of salary transfer from month after account opening
    4. Offer is eligible to Existing to Bank clients who have not transferred their salary within 2026, subject to 6 consecutive months of salary transfer initiating from within the Campaign Period.
    5. Salary cashback will be credited by the end of 7th month after initial salary credit.
  2. Additional Cashback Rewards:
    1. Eligible clients who additionally open a Priority Qualified Singapore or Jersey account with SCB shall earn additional AED 3,250 cashback
      1. Referenced account must be opened within the Campaign Period, Priority funding qualified within 1 month of account opening, and maintained for 6 consecutive months to receive the cashback
    2. New to Bank Priority Private clients, defined as clients who deposit minimum AUM (Fresh Funds) totalling to either AED 3,700,000 or USD 1,000,000, shall be eligible to earn additional AED 4,000 cashback
      1. Referenced account must be opened within the Campaign Period, Priority Private funding qualified within 1 month of account opening, and maintained for 6 consecutive months to receive the cashback
    3. New cardholders shall be eligible to earn AED 1,000 cashback & 50,000 reward points on their Journey Credit Card subject to a minimum spend of AED 10,000 within the first 60 days from card opening
      1. Applicable to Primary cardholders who don’t have and/or haven’t had a credit card with SCB in the last 12 months
  3. In the event of closure of any Fixed Deposit or Early Uplift prior to the completion of the Tenor will be subject to Product Terms and early uplift charges may apply; no Special Profit will be paid on the balance that was held on the Fixed Deposit in such cases.
  4. These Terms and Conditions are supplemental to the Client & Product Terms and Conditions
  5. 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.
  6. 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 his/her acceptance of the terms and conditions contained herein, as amended from time to time.
  7. For Saadiq Wakalah Deposit Product the rate and special profit is an expected profit rate.
  8. 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 UAE.
  9. 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/
  10. For Illustrations (with expected profit) refer to below:

 

Fixed Deposit Value (AED)

(Illustration 1)

 Fixed Deposit Rate on 12 Months WM Client Equity (AED) Salary Transfer Cashback Journey Card Cashback SG/JE Cashback NTB PP Cashback Special Profit Total Profit Rate Total Profit + Cashback (AED)
499,999 4.00% 130,000 4,000 1,000 3,250 – 1.00% 5.00% 33,250
1,999,999 4.00% 370,000 4,000 1,000 3,250 – 1.25% 5.25% 113,250
3,699,999 4.00% 550,000 4,000 1,000 3,250 – 1.75% 5.75% 221,000
5,000,000 4.00% 1,000,000 4,000 1,000 3,250 4,000 1.75% 5.75% 299,750

 

Fixed Deposit Value (AED)

(Illustration 2)

 Fixed Deposit Rate on 6 Months WM Client Equity (AED) Salary Transfer Cashback Journey Card Cashback SG/JE Cashback NTB PP Cashback Special Profit Total Profit Rate Total Profit + Cashback (AED)
499,999 3.50% 130,000 4,000 1,000 3,250 – 0.75% 4.25% 18,875
1,999,999 3.50% 370,000 4,000 1,000 3,250 – 1.00% 4.50% 53,250
3,699,999 3.50% 550,000 4,000 1,000 3,250 – 1.25% 4.75% 96,125
5,000,000 3.50% 1,000,000 4,000 1,000 3,250 4,000 1.25% 4.75% 131,000

 

 

Fixed Deposit Value (USD)

(Illustration 3)

 Fixed Deposit Rate on 12 Months WM Client Equity (USD) Salary Transfer Cashback (AED) Journey Card Cashback (AED) SG/JE Account Cashback (AED) NTB PP Cashback (AED) Special Profit Total Profit Rate Total Profit + Cashback (USD)
219,999 4.00% 35,000 4,000 1,000 3,250 – 1.00% 5.00% 13,248
549,999 4.00% 100,000 4,000 1,000 3,250 – 1.25% 5.25% 31,123
999,999 4.00% 150,000 4,000 1,000 3,250 – 1.75% 5.75% 59,748
1,363,000 4.00% 275,000 4,000 1,000 3,250 4,000 1.75% 5.75% 81,710

 

 

Fixed Deposit Value (USD)

(Illustration 4)

 Fixed Deposit Rate on 6 Months WM Client Equity (USD) Salary Transfer Cashback (AED) Journey Card Cashback (AED) SG/JE Account Cashback (AED) NTB PP Cashback (AED) Special Profit Total Profit Rate Total Profit + Cashback (USD)
219,999 3.50% 35,000 4,000 1,000 3,250 – 0.75% 4.25% 6,923
549,999 3.50% 100,000 4,000 1,000 3,250 – 1.00% 4.50% 14,623
999,999 3.50% 150,000 4,000 1,000 3,250 – 1.25% 4.75% 25,998
1,363,000 3.50% 275,000 4,000 1,000 3,250 4,000 1.25% 4.75% 35,709