You're about to leave our website

This hyperlink will bring to you to another website on the Internet, which is published and operated by a third party which is not owned, controlled or affiliated with or in any way related to Standard Chartered Bank (Hong Kong) Limited or any member of Standard Chartered Group ( the "Bank").

The hyperlink is provided for your convenience and presented for information purposes only. The provision of the hyperlink does not constitute endorsement, recommendation, approval, warranty or representation, express or implied, by the Bank of any third party or the hypertext link, product, service or information contained or available therein.

The Bank does not have any control (editorial or otherwise) over the linked third party website and is not in any way responsible for the contents available therein. You use or follow this link at your own risk. To the extent permissible by law, the Bank shall not be responsible for any damage or losses incurred or suffered by you arising out of or in connection with your use of the link.

Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the terms of use and privacy policies of the third party website that you are going to visit.


Proceed to third party website

Earn 400,000 Asia Miles with HKD4,000,000 mortgage loan drawdown

Apply Now
Earn up to 820,000 Asia Miles with a drawdown of HKD4,000,000 mortgage loan.

Earn 400,000 Asia Miles with HKD4,000,000 mortgage loan drawdown

Mortgage Asia Miles Reward

Fly sooner with Standard Chartered Mortgage Services and earn Asia Miles all the way.

Mortgage Drawdown Subsidy

Having a mortgage with Standard Chartered is now more exciting than ever with the launch of our brand new Asia MilesTM rewards!

Apply and subsequently drawdown the mortgage loan to get Mortgage Drawdown Subsidy in Asia Miles (“Miles”).

Based on the subsidy entitlement, you can choose to receive the subsidy in Miles, cash or a combination of both. Asia Miles will be awarded for every HKD100,000 of Eligible Loan amount. The table lists some examples of Mortgage Drawdown Subsidy mortgage for new purchased properties for your reference.

LOAN AMOUNT
TOTAL MORTGAGE DRAWDOWN SUBSIDY IN ASIA MILES
TOTAL MORTGAGE DRAWDOWN SUBSIDY IN CASH
TOTAL MORTGAGE DRAWDOWN SUBSIDY IN ASIA MILES & CASH*
HKD1,000,000 50,000 Asia Miles HKD5,000 40,000 Asia Miles + HKD1,000
HKD2,000,000 100,000 Asia Miles HKD10,000 40,000 Asia Miles + HKD6,000
HKD3,000,000 150,000 Asia Miles HKD15,000 40,000 Asia Miles + HKD11,000
HKD4,000,000 200,000 Asia Miles HKD20,000 40,000 Asia Miles + HKD16,000

* Assume subsidy Eligible Client assigns HKD800,000 as the Asia Miles Eligible Loan Amount.

Notes:
  1. For each eligible mortgage loan, the maximum amount of Subsidy for all prevailing offers are capped at 1% of (i) the mortgage loan drawdown amount or (ii) the normal permissible loan to value ceilings of the net purchase price or the valuation of the property (whichever is lower) under the Hong Kong Monetary Authority guidelines, whichever is lower (“Eligible Loan Amount”). If the sum of Subsidy is greater than 1% of the Eligible Loan Amount, the Subsidy for all prevailing offer(s)will be included in the loan amount for the calculation of Loan-to-value ratio (LTV). For the avoidance of doubt, whether the Subsidy is awarded in cash or Asia Miles, it will be subject to the maximum amount of Eligible Loan Amount times the percentage of Subsidy entitlement.
  2. Subsidy Eligible Clients can choose to receive the Subsidy in full in the form of Asia Miles or in the form of cash; or partly in the form of Asia Miles and partly in the form of cash. For the avoidance of doubt, for the amount of Eligible Loan Amount in respect of which Subsidy Eligible Clients choose to receive the Subsidy in the form of Asia Miles, Asia Miles will be awarded in lieu of cash. Payment of cash or award of Asia Miles, will be in strict compliance with the requirement set out by Hong Kong Monetary Authority. If a Subsidy Eligible Client chooses to receive full of or part of the Subsidy in the form of Asia Miles, he/she needs to indicate so and the amount of Eligible Loan Amount in respect of which he/she wishes to receive the Subsidy in the form of Asia Miles (“Asia Miles Eligible Loan Amount”, which must be in a multiple of HK$100,000) in the Letter of Confirmation (“LOC”). Such indication on the LOC will be final and binding and any subsequent change is not allowed.
  3. Terms and Conditions of Asia Miles apply for redemption and/or use of Asia Miles. For details, please visit www.asiamiles.com. The Bank is not obliged to notify you of any changes or latest announcements of Asia Miles.
  4. For a loan amount of HKD2,000,000, interest rate is as low as the Bank’s Hong Kong Dollar Prime Rate minus 2.75%p.a. or 1-month Hong Kong Interbank Offered Rate plus 1.25%p.a. Rate quoted as an indicative information only.

 

To borrow or not to borrow? Borrow only if you can repay!

Terms and Conditions