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Important Updates to the Standard Chartered 360° Rewards Programme effective 1 October 2021

 

With reference to Clause 19.4 of the Credit Card Terms, 360° Rewards Points may be deducted to offset, in full or in part, the annual fee of the applicable credit card when the annual fee is due. Sufficient 360° Rewards Points must be set aside if you would like to offset the annual fee of your applicable credit card with 360° Rewards Points.

 

With effect from 1 October 2021, the rewards points required for such deduction will be revised to the following:

AMOUNT CHARGEDANNUAL FEE (INCLUDING GST)POINTS REQUIRED TO OFFSET ANNUAL FEE (EXISTING)POINTS REQUIRED TO OFFSET ANNUAL FEE (WITH EFFECT FROM 1 OCTOBER 2021)
Priority Banking Visa Infinite$32110,00050,000
Visa Infinite$588.50
Mastercard World (For Preferred World Mastercard only)Up to $2147,50037,500
Visa Signature$192.609,00045,000
Platinum$192.606,00030,000
GoldUp to $187.256,00030,000
ClassicUp to $64.206,00030,000
$500 Cards$32.101,0005,000

For more information, please refer to the full version of the updated Credit Card Terms

 

Thank you for banking with Standard Chartered.