1. The Standard Chartered Bank Malaysia Berhad (“SCBMB”) and Standard Chartered Saadiq Berhad (“SCSB”) (referred together as “Bank”) Premium Deals Cashback Campaign (“Campaign”) commences on 1 April 2022 and ends on 30 June 2022, inclusive of both dates (“Campaign Period”).
2. The Campaign is open to customers with the following cards issued by the Bank:
2.1 WorldMiles World Mastercard® credit card;
2.2 JustOne Platinum Mastercard® credit card;
2.3 Liverpool FC Cashback credit card;
2.4 Platinum Mastercard® credit card;
2.5 Platinum Mastercard® Basic credit card;
2.6 Visa Platinum credit card;
2.7 Visa Rewards Platinum credit card;
2.8 Visa Translucent credit card;
2.9 Smart credit card;
2.10 Mastercard® debit card;
2.11 Standard Chartered Liverpool FC Mastercard® debit card;
(“SCBMB Cards”)
2.12 Saadiq Mastercard® Debit card-i;
2.13 Saadiq Liverpool FC Mastercard® Debit card-i;
(“SCSB Cards”)
AND
2.14 who have maintained all their accounts with the Bank in good standing, without any breach of the terms and conditions or agreements, throughout the Campaign Period;
AND
2.15 maintain their Premium Banking membership with minimum Asset Under Management (“AUM”) of RM100,000. If the Premium Banking membership has ended or the required minimum AUM of RM100,000 is not maintained during the tracking month, the credit/debit Cardholder/s will not be eligible to enjoy this Campaign.
For the avoidance of doubt, to enjoy the benefits under the Campaign, the credit/debit Cardholder/s must maintain his/her Premium Banking membership with minimum AUM of RM100,000 in the same month he/she makes the transactions to participate in this Campaign and the AUM is calculated based on the AUM balances on the last day of each tracking month.
(“Eligible Cardholder/participants”)
3. Eligible Cardholders are required to spend a minimum amount of RM1,500 in a single transaction in participating merchants (“Minimum Spend Criteria”) within the Campaign Period to be eligible for the Cashback (“Qualified Transaction”).
4. Only applicable for Credit Card:
Qualified Transaction(s) charged to the supplementary Cardholders will be counted as Qualified Transaction(s) made by the principal cardholder for the purposes of this Campaign.
5. During the Campaign Period, Eligible Cardholders will enjoy cashback of the transaction value for Qualified Transaction(s), in accordance to the manner set out below:
Minimum Spend Criteria |
Cashback Entitlement Per Eligible Cardholder Per Participating Month |
RM1,500 |
RM150 |
6. The Qualified Transactions for the purpose of rewarding cashback will be given according to the sequential order from the first eligible Qualified Transaction until it reaches the maximum capping of RM20,000 cashback allocated per participating month. Cashback is also subject to an overall capping of RM60,000 over the Campaign period, as shown as Table B below:as shown as Table B below:
Participating Month |
Date of Participating Month |
Cashback Capping |
Month 1 |
1 April 2022 – 30 April 2022 |
RM20,000 |
Month 2 |
1 May 2022 – 31 May 2022 |
RM20,000 |
Month 3 |
1 June 2022 – 30 June 2022 |
RM20,000 |
7. All cashback will be credited to the Eligible Cardholder’s principal credit/debit card account within sixty (60) working days from the end of each participating month of the Campaign Period.
8. This is merely an excerpt of the terms & conditions governing the Standard Chartered Bank Malaysia Berhad and Standard Chartered Saadiq Berhad’s Premium Deals Cashback Campaign. Please click here for full Terms and Conditions.
