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Terms and Conditions

Relationship Rewards

1. To qualify for the Relationship Rewards, you must charge at least S$500 worth of retail transaction(s) to your Visa Infinite Card in a particular calendar month.

2. The Relationship Rewards (360° Rewards Points) will be credited into the valid Priority Banking Visa Infinite Credit Card monthly.

3. Standard Chartered Priority Banking Visa Infinite Credit Cards that have been terminated will not qualify for the Relationship Rewards.

4. Standard Chartered Priority Banking Visa Infinite Credit Cards that are in delinquent status do not qualify for the Relationship Rewards.

5. 360° Rewards Points can only be earned on personal mortgage loans, investments, fixed deposits and current and savings accounts where the principal Visa Infinite Credit Card holder is the primary account holder. Mortgage loans, investments, fixed deposits and current and savings accounts that are closed within the month will not earn any 360° Rewards Points.

6. The qualifying mortgage loan balance is the period end balance of commercial mortgage loans and equity loans of the previous month. Loan amounts that are approved but not disbursed do not qualify. A minimum loan of S$100,000 in period end balance is required to qualify for the Relationship Rewards. The maximum points for mortgage loans that can be granted is 5,000 points per month.

7. The qualifying balance of investments is the total monthly average balance of Unit Trusts, Medium Term Notes, Structured Deposits, Retail Bonds, Premium Currency Investment and Equity Linked Notes of the previous month. CPF-purchased funds do not qualify. The maximum points for Investments that can be granted is 5,000 points per month.

8. The qualifying balance of current and savings accounts is the total monthly average balance of all local and foreign currency accounts of the previous month. The maximum points for Current and Savings Accounts that can be granted is 5,000 points per month.

9. The qualifying balance of fixed deposits is the total monthly average balance of all local and foreign currency fixed deposits of the previous month. The maximum points for fixed deposits that can be granted is 5,000 points per month.

10. The period used for balance calculation for all the products in Relationship Rewards is based on calendar month;
e.g. 1 January - 31 January, 1 June - 30 June, and etc.

11. The methods used to compute qualifying balances are at the sole discretion of the Bank.

12. Mortgage loans, investments, fixed deposits and current and savings accounts in foreign currencies will be converted into SGD at the foreign exchange rate determined by the Bank. Such rates may fluctuate from time to time.

13. The Bank reserves the right not to reward Relationship Rewards on any particular mortgage loans, investments, fixed deposits and current and savings accounts, products or cards at its sole discretion.

14. The Bank may from time to time change the Terms and Conditions for Relationship Rewards.

Annual Fee

1. There is an annual fee of S$300 for the principal card.

2. There is an annual fee of S$150 for the supplementary card (up to 5 cards).

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