1.0 The Standard Chartered Bank Malaysia Berhad (“SCBMB”) and Standard Chartered Saadiq Berhad (“SCSB”) (collectively known as “the Bank”) Priority Private & Priority Referral Campaign (MGM) H1 2026 (“Campaign”) will run from 1 January 2026 to 30 June 2026, inclusive of both dates (“Campaign Period”).
2.0 Eligible Referrer must submit a completed online Priority Private/Priority referral form (“Referral Form”). The Referral Form can be accessed at the following link: https://www.sc.com/my/promotions/priority-referral-programme/ and:
2.1 The completed Referral Form must be submitted prior to the Eligible Referee (as defined in paragraph 7 below) opening a new Current Account/Savings Account (“CASA”) with the Bank; and
2.2 In the event the Bank receives the Referral Form from more than one Eligible Referrer for the same Eligible Referee, only the first Referral Form submitted and accepted in the Bank’s system will be taken into consideration in determining whether a successful referral has been made.
3.0 By the end of the next calendar month (Month-on-Board 1) following the submission of the Referral Form and up to the time of reward payout:
3.1 The Eligible Referee must successfully sign up for Priority Private/Priority membership with the Bank. The detailed terms and conditions can be found from the links as follows: Priority Private Services and Privileges Terms and Conditions (https://av.sc.com/my/content/docs/my-priority-private-tnc.pdf) / Priority Banking Services and Privileges Terms and Conditions (https://av.sc.com/my/content/docs/priority-banking-services-and-privileges-tnc.pdf); and
3.2 The Eligible Referee must maintain a minimum of RM3,000,000 (Priority Private) or RM350,000 (Priority Banking) in Fresh Funds with the Bank in deposits and/or investments. For the purpose of this Campaign, “Fresh Funds” means: (a) funds which do not originate from any account held with SCBMB or SCSB; (b) monies or funds howsoever transferred, credited or paid into an Eligible CASA / Islamic CASA from other banks and/or financial institutions by way of (i) Interbank GIRO transfers, (ii) collection and payment of cheques drawn on such other bank(s).
3.3 Eligible Referee must complete a Client Investment Profile (“CIP”); and
3.4 Eligible Referrer must have a valid Client Investment Profile (“CIP”).
4.0 An Eligible Referrer:
4.1 Includes:
4.1.1 all existing individual Priority Banking clients who are not the Bank’s staff; or
4.1.2 All of the Bank’s staff (excluding the Bank’s permanent or contract staff on Front Line Incentive Plan (“FLIP”), Affluent Segment, Deposit, Affluent Distribution and Wealth Solutions department staff (non-FLIP including Branch staff), Client Care Centre, non-individuals clients and corporate clients);
4.2 Must have maintained all their accounts with the Bank in good standing, without any breach of the relevant terms and conditions or agreements;
4.3 Must have an active primary CASA, or Islamic CASA product, where the participating products are Tawarruq based products only; and
4.4 Cannot refer him/herself as the Eligible Referee under this Campaign.
5.0 As Eligible Referee:
5.1 Must be new to CASA with no previous CASA relationship with the Bank for the past 12 months prior to the commencement of this Campaign Period;
5.2 Where an Eligible Referee’s account is a joint account, the account shall be treated as ONE (1) introduction only, irrespective of the number of accountholders; and
Must not be a joint account held together with the Eligible Referrer.
6.0 An Eligible Referrer with a successful referral will be entitled to receive the following Reward:
| Segment |
Eligibility |
Reward |
| Each (1) Successful Priority Private Referral |
Asset Under Management (“AUM”) of RM3,000,000 and above
With min subscription* of RM50,000 in
Wealth Management Products holding (excluding any Cash Equity AUM) |
RM3,388 |
| Each (1) Successful Priority Referral |
AUM of RM1,000,000 and above
with min subscription* of RM50,000 in Wealth Management Products holding (excluding any Cash Equity AUM) |
RM1,000 |
| AUM of RM350,000 and above
with min subscription* of RM50,000 in Wealth Management Products holding (excluding any Cash Equity AUM) |
RM700 |
| AUM of RM350,000 and above
without Wealth Management Products* holding(excluding any Cash Equity AUM) |
RM300 |
*Participating Wealth Management Products for minimum subscription computation as follows: Unit Trusts / Islamic Unit Trusts, Bonds / Sukuk, Banca (APE) / Takaful (APE) and Structured Investments (including Fixed Coupon Notes) purchased through SCBMB or SCSB.
*Notes:
i. Structured Investments and Equities are not offered by SCSB.
ii. Wealth Management Products must be purchased before and maintained until payout of the Reward.
iii. For the avoidance of doubt, any Cash Equity purchased/subscribed/held by the Eligible Referee from the Bank shall be included in the overall AUM computation for the purposes of this Campaign but excluded from the min subscription required in determining the reward tier.
5.0 Click here to view the full terms and conditions of the Campaign
This campaign is also applicable to Standard Chartered Saadiq.
*Priority Banking Visa Infinite is only applicable to Standard Chartered Bank Malaysia Berhad.
**Only deposits are protected by PIDM up to RM250,000 for each depositor.
