Priority & Priority Private WealthSaver USD Campaign from July 2025 to December 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 additional Special Profit on Wealth$aver US Dollar Account when they meet the campaign terms.
“Campaign Period”

 

 The Campaign Period is between 1st July 2025 to 31st December 2025, both days inclusive.
“Currency” USD
Standard Profit on Wealth$aver (Average Balance in USD) 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%
“Special Profit” (Average Balance in USD) Per Annum USD 35,000 New Investment in Wealth Management Products as defined in clause 4 – 0.75%
  1. The offer will be provided only during the Campaign Period between 1st July 2025 to 31st December 2025, both days inclusive.
  2. The offer is available to all existing clients of Standard Chartered Bank UAE, (hereinafter “the Bank”). Clients shall be eligible to earn Special Profit on Wealth$aver US Dollar Account when they meet the requirements set out in these Terms & Conditions.
  3. Assets Under Management (“AUM”) is calculated as the sum of balances of all eligible Deposit Products, in AED or foreign currency equivalents.
  4. Wealth Management Products: Clients will be eligible for a Special Profit if they make a “New Investment” or subscribe to any of the following products through the Bank during the Campaign Period:
    1.  Mutual Funds (lumpsum investment only).
    2. Fixed Income.
    3. Structured Products.
    4. Life Insurance Plan including Single premium insurance and Regular premium insurance policies:
      1. Term Assurance products minimum subscription of USD 500 per month.
      2. Futura product minimum subscription of USD 1,000 per month.
      3. Global Choice product minimum subscription of USD 5,000 per month.
      4. Wealth Accumulation Plan product premium minimum subscription of USD 35,000.
  1. “New Investment” is defined as fresh funds brought in during the Campaign Period and invested in any of the specified wealth management products, with a minimum investment value of USD 35,000. Transfer-in, switches or re-investments will be excluded from the calculation of the investment amount.
  2. The minimum investment amount of the respective Wealth Management products will continue to apply.
  3. Campaign Offer: All Existing to Bank Clients who meet the minimum eligibility criteria set out below are eligible for the Special Profit based on the below tiers, refer Table 1:
    Average Balance USD

    (Table 1)

    		 Standard Profit on Wealth$aver USD p.a. Special Profit Total Profit based on Wealth Subscription during the Campaign Period
    100,000 to 199,999 1.25% 0.75% 2.00%
    200,000 to 499,999 1.75% 0.75% 2.50%
    500,000 to 999,999 2.50% 0.75% 3.25%
    1,000,000 to 1,999,999 2.60% 0.75% 3.35%
    2,000,000 to 2,500,000 2.75% 0.75% 3.50%

     

  4. Standard and Special Profit is applicable only on the Wealth$aver product subscribed during the Campaign Period.
    1. Standard Profit will be calculated on monthly basis and credited on the account at the end of each month.
    2. Special Profit will be calculated at the end of the Campaign Period and credited by end of January 2026.
  5. Profit/Hiba is calculated based on average balance maintained on the Wealth$aver US Dollar Account.
  6. In event of closure of any or all of the Account(s) prior to the expiry of the Campaign Period; Special Profit will be paid on the balance that was held in such account(s).
  7. These terms and conditions are supplemental to the Client & Product Terms and Conditions
  8. 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.
  9. 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.
  10. 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.
  11. The Bank shall not pay late payment charges or additional profit for any delay in giving the return and/or prize.
  12. The Bank shall not be liable for any delay in giving the Special Profit and/or prize if such delay is because the client cannot be contacted.
  13. Minor / Guardianship accounts are excluded from the campaign.
  14. 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.
  15. Setup of multiple family accounts will not be eligible under the campaign and will be excluded from New Funds calculations.
  16. 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.
  17. 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.
  18. 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/