Priority & Priority Private Cashback and Deposit Campaign from April 2026 to June 2026

Terms and Conditions Applicable during the Priority & Priority Private Cashback and Deposit Campaign from April 2026 to June 2026

“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 the 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 New to Bank Resident clients onboarded effective 1st April 2026
“Campaign Offer”

“Campaign Period”		 Campaign means Clients shall be eligible to earn Cash Back and Profit on Wealth$aver when they meet the campaign terms.
The Campaign period is between 1st April 2026 to 30th June 2026, both days inclusive.
“Savings Account” /

“Currency”

 Means Wealth$aver Account in AED or USD Currency Only
“Deposit Cashback” Cashback as per Table 1 and 2 for maintaining a minimum average balance of AED or equivalent in USD.
“Salary Transfer Cashback” Cashback as per Table 1 and 2 with a Minimum of AED 30,000 credited into the client’s salary account monthly, net of all pre-deductions by the client’s employer, excluding any variable commissions
“Wealth Subscription Cashback” Cashback as per Table 3 with a minimum client investment value in AED or equivalent in USD
Standard Profit on Wealth$aver AED (Average Balance) Per Annum AED 500,000 to 4,999,999 – 2.75%

AED 5,000,000 to 10,000,000 – 3.50%
Standard Profit on Wealth$aver USD (Average Balance) Per Annum USD 100,000 to 199,999 – 1.25%

USD 200,000 to 499,999 – 1.75%

USD 500,000 to 999,999 – 2.50%

USD 1,000,000 to 1,999,999 – 2.60%

USD 2,000,000 to 2,500,000 – 2.75%
“Profit/Profit Rate” All references to “Profit/Profit Rate” in these Terms & Conditions are considered expected profit/profit rate

 

  1. The Campaign Offer will be provided only during the Campaign Period between 1st April 2026 to 30th June 2026, both days inclusive.
  2. Clients shall be eligible to earn Wealth$aver Profit & Cashback if they meet the requirements set out in these Terms & Conditions.
  3. New to Bank clients are defined as Resident clients who have not been Priority Banking clients of the Bank within the past 12 months and have opened accounts during the Campaign Period and/or do not hold existing Current and/or Savings Account and/or Term Deposit accounts with the Bank.
  4. The Profit Rate will be calculated on the average balance brought into the Savings Account as per the prevailing Standard Profit Rate. 
  1. The minimum and maximum amounts eligible for profit for each eligible Client shall be AED 500,000 and AED 10,000,000 for AED Wealth$aver Accounts or USD 100,000 and USD 2,500,000 for USD Wealth$aver Account on the average balance amount.
  2. Balances transferred from any of the existing Account(s) to the Savings Account are not eligible during the campaign.
  3. Deposit Cashback & Salary Transfer Offer: All New to Bank Clients who meet the minimum eligibility criteria set out below are eligible for the cashback and profit based on the below tiers, refer Table 1 For AED Wealth$aver Account and Table 2 for USD Wealth$aver Account:
    Criteria/Average Balance AED
    (Table 1)    		 Wealth$aver Cashback AED Salary Transfer
    AED 30,000 & above    		 Profit on Wealth$aver p.a.
    370,000 to 499,999 2,500 2,000 N/A
    500,000 to 749,999 4,000 2,000 2.75%
    750,000 to 1,999,999 8,000 2,000 2.75%
    2,000,000 to 3,699,999 12,000 2,000 2.75%
    3,700,000 to 4,999,999 15,000 2,000 2.75%
    5,000,000 to 10,000,000 15,000 2,000 3.50%
    Criteria/Average Balance USD
    (Table 2)    		 Wealth$aver Cashback AED* Salary Transfer* Profit on Wealth$aver p.a.
    AED 30,000 & above
    100,000 to 199,999 2,500 2,000 1.25%
    200,000 to 499,999 4,000 2,000 1.75%
    500,000 to 999,999 8,000 2,000 2.50%
    1,000,000 to 1,999,999 12,000 2,000 2.60%
    2,000,000 to 2,500,000 15,000 2,000 2.75%
    *Or equivalent in USD
  1. Wealth Cashback Offer: Clients who subscribe for Wealth Management Products with an equity amount criterion defined below in Table 3 will be eligible for an additional cashback.
Criteria/Investment Value (Client Equity) AED*
(Table 3)		 Wealth Cashback AED*
370,000 to 499,999 1,500
500,000 to 749,999 2,500
750,000 to 1,999,999 5,000
2,000,000 to 3,699,999 10,000
3,700,000 and above 15,000
*Or equivalent in USD
  1. Standard Profit will be calculated on monthly basis and credited on the account at the end of each month.
  2. Following Products subscribed during the campaign will be accepted to be part of Wealth Cashback Offer: Mutual Funds, Fixed income securities and Structured Products
  3. Investments held under Wealth Lending will not be considered for Cashback.
  4. Clients are eligible to get Deposit Cashback on average balance brought either in Wealth$aver AED or USD Accounts subject to meeting the requirements as per Tables 1,2 and 4.
  5. Clients are eligible to get Salary Transfer Cashback subject a 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 and credited for each of the months as mentioned in Table 4.
  6. Clients are eligible to get Wealth Cashback on subscriptions during the Campaign period as mentioned in Table 4.
  7. In the event of closure of any or all the Account(s) prior to the expiry of the Campaign Period; no Profit or Cashback will be paid on the balance that was held in such account(s).
  8. Funding qualification and payout schedule refer to Table 4:
Account Opening Month
(Table 4)		 Funding / Wealth Subscription Period of maintaining / holding the funds in the account Cash Back Payout Month
April 2026 May 2026 May – October 2026 November 2026
May 2026 June 2026 June – November 2026 December 2026
June 2025 July 2026 July – December 2026 January 2027

 

  1. These Terms and Conditions are supplemental to the Client & Product Terms and Conditions
  2. 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.
  3. 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.
  4. For Wealth$aver, Hiba is over and above the Mudarabah profit rate and is being offered by the Bank at its sole discretion. If there is no Mudarabah profit or (there is) loss, discretionary Hiba will not be paid.
  5. The Bank shall not pay late payment charges or additional profit for any delay in giving the cashback and/or prize.
  6. The Bank shall not be liable for any delay in giving the cashback and/or prize if such delay is because the client cannot be contacted.
  7. Minor / Guardianship accounts are excluded from the campaign.
  8. Transfer of funds from a client’s spouse, siblings, parents, or children’s accounts into the client’s account via internal transfer, cash withdrawal and deposits or transfers routed through other bank(s) will be excluded from New Funds calculations.
  1. Setup of multiple family accounts will not be eligible under the campaign and will be excluded from New Funds calculations.
  2. Should you have any concerns or complaints regarding any of our products or services, you may raise your complaint by emailing us at complaint.resolution@sc.com or calling our Client Care Centre on 800 4949 or +971 4 403 9639 from outside the United Arab Emirates, and we will get back to you within 2 working days. To know more about our Complaints Resolution process, visit https://www.sc.com/ae/customer-service/
  3. For Illustrations refer to the Table 5 below:
    lllustrations
    (Table 5)    		 Average Balance AED Wealth Subscription AED CashBack Value AED Salary Cashback AED Wealth Subscription Cashback AED 6 Month Profit/ Hiba Total Payout AED Account Opening Month Payout Month
    Wealth$aver Account AED 500,000 – 4,000 – – 6,875.00 10,875 April 2026 Nov 2026
    Wealth$aver Account AED 750,000 – 8,000 – – 10,312.50 18,313 May 2026 Dec 2026
    Wealth$aver Account AED 3,700,000 – 15,000 – – 50,875.00 65,875 June 2026 Jan 2027
    Wealth$aver + Salary Transfer 500,000 – 4,000 2,000 – 6,875.00 12,875 April 2026 Nov 2026
    Wealth$aver + Salary Transfer 750,000 – 8,000 2,000 – 10,312.50 20,313 May 2026 Dec 2026
    Wealth$aver + Salary Transfer 3,700,000 – 15,000 2,000 – 50,875.00 67,875 June 2026 Jan 2027
    Wealth$aver + Salary + Wealth 500,000 500,000 8,000 2,000 2,500 6,875.00 19,375 April 2026 Nov 2026
    Wealth$aver + Salary + Wealth 2,000,000 2,000,000 12,000 2,000 10,000 27,500.00 51,500 May 2026 Dec 2026
    Wealth$aver + Salary + Wealth 5,000,000 3,700,000 15,000 2,000 15,000 87,500.00 19,500 June 2026 Jan 2027