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New Priority Banking clients1 can earn up to 160,000 Asia Miles2 or HKD16,000 cash rebate2

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New Priority Banking clients1 can earn up to 160,000 Asia Miles2 or HKD16,000 cash rebate2

Exclusive Offers for New Clients

Become a new Priority Banking client during 1 July to 31 December 2019 (both dates inclusive) (the “Promotion Period”) to enjoy Priority Banking Welcome Privileges of up to 160,000 Asia Miles or HKD16,000 cash rebate with the first 2-quarter maintenance fee waiver.

Important Note:

Premium Deposit and Equity Linked Investments are structured product involving derivatives and some Investment Funds would involve derivatives. The investment decision is yours but you should not invest in that investment product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.

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Priority Banking Welcome Privileges:

Privilege 1 – New Funds Growth Offer
New Funds Amount
(HKD or HKD equivalent)
Asia Miles Rewards3
Cash Rebate
(HKD)
8,000,000 or above 560pximage80,000 or 8,000
5,000,000 to 7,999,999 560pximage60,000 6,000
3,000,000 to 4,999,999 560pximage40,000 4,000
1,000,000 to 2,999,999 560pximage25,000 2,500
Privilege 2 – Wealth Management Product Reward3

During the Promotion Period, new clients4 taking up any one or more of the following designated wealth management products5 with a total balance or accumulated transaction amount of HKD500,000 or above and meeting the specified requirements can enjoy 2 times rewards6 of Priority Banking New Funds Growth Offer.

Designated Wealth Management Product
Multiplied Reward of Priority Banking New Funds Growth Offer
•Bonds
•Equity Linked Investments
•Investment Fund Services
•Online Foreign Exchange Service
•Online Securities Services
•Premium Deposit
2 times
Illustrative Example

For example, new client has deposited new funds of HKD8,000,000 and taken up designated wealth management product(s) with HKD500,000 during the Promotion Period. The total reward of Asia Miles or cash rebate will be calculated as follows:

New Funds Growth Offer
Wealth Management Product Reward
Total Reward of Asia Miles/Cash Rebate
560pximage80,000 or HKD8,000 Cash Rebate X 2 times = 560pximage160,000 or HKD16,000 Cash Rebate

Remarks:
  1. New Priority Banking clients refer to those who have not been Priority Banking client in the past 12 months.
  2. This is an illustrative example. Clients can enjoy 160,000 Asia Miles or HKD16,000 cash rebate by fulfilling new funds requirement of HKD8,000,000 and accumulating designated wealth management product transaction amount of HKD500,000 or above. Terms and conditions apply.
  3. Eligible clients who choose Asia Miles as the rewards for New Funds Growth Offer and/or Wealth Management Product Reward must register via designated webpage sc.com/hk/AM of Standard Chartered Bank (Hong Kong) Limited (the “Bank”) and log into Online Banking to submit accurate Asia MilesTM membership information within the period from 1 July to 31 October 2019 (if Priority Banking is signed up between 1 July and 30 September 2019) or 1 October 2019 to 31 January 2020 (if Priority Banking is signed up between 1 October and 31 December 2019). Relevant Asia Miles will be credited directly to the eligible client’s Asia Miles membership account.
  4. New Clients refer to those who are NOT holding any banking products or services with or distributed by the Bank (including but not limited to deposit account, investment service and insurance products underwritten by the third party insurer) in past 12 months from the date of signing up for Priority Banking except Standard Chartered Credit Cards.
  5. Designated Wealth Management Products include Bonds, Equity Linked Investments, Investment Fund Services, Online Foreign Exchange Service, Online Securities Services and Premium Deposit held by clients in sole name or in the capacity as primary account holder.
  6. Wealth Management Product Reward will be rewarded in form of Asia Miles or Cash Rebate.

Priority Banking – Online Upgrade

Upgrade to Priority Banking Now

Priority Banking Member-get-member Program

Up to 50,000 Asia Miles or HKD5,000 Cash Rebate to the referrer for each successful referral of a New Client to sign up for Priority Banking

Priority Banking Credit Card Welcome Offer for New Cardholders

Enjoy HKD400 Cash Rebate or other welcome offers by accumulating eligible transactions of HKD5,000 or above within the first 2 months from the card issuance date.

Remark:

  1. The Welcome Offer is only applicable to new cardholders. “New Cardholders” are applicants who do not currently hold and have not cancelled any principal card of Standard Chartered Credit Card or MANHATTAN Credit Card issued by the Bank in the past 6 months from the date of approval of their current application for a principal card of the Standard Chartered Credit Cards. For Priority Banking Credit Card Welcome Offer, please refer to the “Important Information and Terms and Conditions for Application of Standard Chartered Credit Card” for details.

Annualised Percentage Rate (“APR“) for retail purchase is 35.70%; annual fee is HKD2,400. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualised rate.

Online Foreign Exchange Membership Rewards

Enjoy HKD100 welcome offer, exclusive exchange rates and cash rebates.

Personal Instalment Loan

Apply online and drawdown to enjoy APR as low as 1.98% and Online Exclusive Offer up to HKD2,000 Cash Coupon

Salary BonusPack Privileges

Enjoy up to 1.68% p.a. HKD Promotional Savings Interest Rate for up to 6 Months.

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