Standard Chartered Beyond Credit Card Beyond A Million Miles Promotion Term and Conditions

Other conditions applicable to the Beyond Credit Card Welcome Offer

23. If an Eligible Transaction is successfully converted into monthly instalments during the Eligible Transaction Period, the total amount charged for the Eligible Transaction (and not the converted monthly instalment amount) will be used towards the fulfilment of the minimum Eligible Transaction amount as set out in Clauses 18b(i) or 18b(ii).
24. For Eligible Transactions charged to the Beyond Card in foreign currency, the Singapore Dollar transaction amount posted to your account (inclusive of the exchange rate conversion and commission, if any) will used towards the fulfilment of the minimum Eligible Transaction amount as set out in Clauses 18b(i) or 18b(ii).
25. For the avoidance of doubt, you may only receive the Welcome Gift and/or Acquisition Gift once under the Beyond Credit Card Welcome Offer.

Section 2 – SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer

Eligibility Criteria

26. The SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer is exclusively for Beyond principal cardholders
27. If you participate in this SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer, you will not be eligible to participate in The Priority Banking & Priority Private Q4 2024 Sign-Up Promotion, The Priority Banking & Priority Private Q1 2025 Sign-Up Promotion, Wealth $aver Top Up Promotion and vice versa.
28. To qualify and receive the rewards for this SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer, you must successfully apply for a Beyond Credit Card as a principal cardholder during the Promotion Period, and within one (1) calendar month of your Beyond card approval date:

For New-to-Bank Customers (as set out in Clause 36 below):

1. Successfully apply for a Wealth $aver Account (SGD denominated) (“Wealth $aver Account”) as the main account holder;
2. Successfully establish a new SC Priority Banking, Priority Private or Private Banking relationship with the Bank, including the following requirements corresponding to your newly established banking relationship with the Bank;

For New to SC Priority Banking/Priority Private/Private Banking Customers:

c. If you do not have an existing Wealth $aver Account (SGD denominated) (“Wealth $aver Account”), successfully apply for a Wealth $aver Account as the main account holder;

d. Successfully establish a new SC Priority Banking, Priority Private or Private Banking relationship with the Bank, including the following requirements corresponding to your newly established banking relationship with the Bank;

For Existing to SC Priority Banking/Priority Private/Private Banking Customers:

e. If you do not have an existing Wealth $aver Account, successfully apply for a Wealth $aver Account (SGD denominated) (“Wealth $aver Account”) as the main account holder;

f. Successfully fulfil the following requirements:

1. Deposit a minimum of S$100,000 in Fresh Funds (“Minimum Deposit”) in your Wealth $aver Account during the Promotion Period; and
2. Hold the abovementioned Minimum Deposit in your Wealth $aver Account for at least six (6) calendar months after the month of your Fresh Funds deposit mentioned in Clause 28f(i) above.

Offer Mechanics

29. If you successfully fulfil the conditions under Clauses 26 to 28, you will receive the following rewards corresponding to your banking relationship and your relationship vintage with the Bank.
    
    

30. Your total number of miles earned will be credited to your Beyond Card account in the form of Rewards Points within two (2) calendar months of the completion of the six (6) calendar month holding period for Fresh Funds.
31. The Welcome Offer awarded under Section 2 will be credited in the form of Rewards Points to the Cardholder’s Eligible Card account following the schedule below.

Other conditions applicable to the SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer

32. In the event that you cease to maintain your Wealth $aver Account, the account(s) tagged to your Priority Banking/Priority Private relationship (as the case may be) are no longer valid and in good standing (as set out in Clause 38), or you opt-out of being treated as an Accredited Investor by the Bank within six (6) calendar months of attaining the Accredited Investor status, you will be considered as disqualified from this Promotion and be deemed to have forfeited any Rewards Points earned, even with the successful fulfilment of Clauses 26 to 28.
33. In the event that you have received Cashback, Reward Points, or otherwise under previous Priority Banking & Priority Private Sign-Up Promotions (such as but not limited to the Priority Banking & Priority Private Q3 2024 Sign-Up Promotion) in the last 18 calendar months as reasonably determined by the Bank in its sole and absolute discretion, you will not be eligible to participate in this SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer.
34. The Bank reserves the right to decline or cancel the crediting of the Reward Points earned, or otherwise deem the Reward Points earned as forfeited without prior notice, in the event that the Bank determines that any of the requirements or the terms of our banking agreement had not been complied with, including but not limited to the following:
    1. where you have acted fraudulently or dishonestly;
    2. where you have conducted yourself in bad faith or otherwise in an inappropriate manner to gain an unfair advantage against the Bank; or
    3. upon the occurrence of any event giving rise to a right for the Bank to suspend or terminate any (or all) of our banking agreement for a product, as set out at Clauses 34 and 35 of our Customer Terms and elsewhere in our banking agreement.
35. By participating in this SC Priority, Priority Private & Private Banking with Wealth $aver Account Welcome Offer, you further agree that, under any of the circumstances stated in Clause 34 above, the Bank is not obliged to substitute the Reward Points reward with a gift of lower value.

Definitions

36. New-to-Bank Customers refer to customers who do not have a primary account, primary relationship, or product with the Bank within the past 12 months from the date of commencement of the Promotion Period.
37. Fresh Funds refer to funds that do not originate from any existing account with the Bank and can be in terms of Eligible Deposits available with the Bank.
    1. Eligible Deposits are funds that have not been withdrawn and re-deposited within the last 30 days; including
    2. Time Deposits; and
    3. Amounts over which security has been placed (in favour of the Bank)
38. Valid and in good standing, in the context of this Priority Banking & Priority Private and Wealth $aver Welcome Offer means:
    1. the Wealth $aver Account must not be suspended, cancelled, terminated, or closed for any reason;
    2. the Wealth $aver Account is not delinquent or unsatisfactorily conducted for any reason; and
    3. You have not breached any term of our banking agreement.

Section 3 – Wealth Welcome Offer

 Eligibility Criteria

39. The Wealth Welcome Offer is exclusively for Beyond principal cardholders
40. To qualify and receive the rewards for the Wealth Welcome Offer, you must successfully apply for a Beyond Credit Card as a principal cardholder during the Promotion Period, and within three (3) calendar months of card approval date:
    1. Purchase a minimum of S$100,000 (or equivalent in foreign currency) in Eligible Unit Trusts (as set out in Clause 48 below) within a single day, and/or:
    2. Purchase a minimum of S$100,000 in Eligible Single Premium Products (as set out in Clause 49 below and subject to Clauses 51 to 56) and/or;
    3. Purchase a minimum of S$30,000 in Eligible Regular Premium Products (as set out in Clause 50 below and subject to Clauses 51 to 56).
41. To be eligible to receive the rewards for the Wealth Welcome Offer, your Beyond Card must continue to be valid (i.e., your Beyond Card account must not be suspended, cancelled, or terminated), in good standing, and conducted in a proper and satisfactory manner as determined by the Bank in its sole and absolute discretion.

Offer Mechanics

42. If you successfully fulfil the conditions under Clauses 39, 40a, and 41, you will receive 12,500 miles (credited to the Beyond Card account in the form of 31,250 Rewards Points) for each S$100,000 block of Eligible Unit Trusts purchased. The rewards received from the successful fulfilment of Clause 40a is capped at 250,000 miles (corresponding to S$2,000,000 of investments in Eligible Unit Trusts).
43. If you successfully fulfil the conditions under Clauses 39, 40b, and 41, you will receive 30,000 miles (credited to the Beyond Card account in the form of 75,000 Rewards Points) for each S$100,000 block of Eligible Single Premium Products purchased. The rewards received from the successful fulfilment of Clause 40b is capped at 300,000 miles (corresponding to S$1,000,000 of investments in Eligible Single Premium Products).
44. If you successfully fulfil the conditions under Clauses 39, 40c, and 41, you will receive 30,000 miles (credited to the Beyond Card account in the form of 75,000 Rewards Points) for each S$30,000 block of Eligible Regular Premium Products purchased. The rewards received from the successful fulfilment of Clause 40c is capped at 300,000 miles (corresponding to S$300,000 of investments in Eligible Regular Premium Products).
45. The total number of Rewards Points earned = Applicable Earn Rate x Number of Blocks (rounded down). Please refer to the illustration table below:

46. The total number of Rewards Points earned will be credited to the Beyond card account within six (6) calendar months of successfully fulfilling Clauses 39, 40a or 40b or 40c, and 41.
47. The Wealth Welcome Offer awarded under Section 3 will be credited in the form of Rewards Points to the Cardholder’s Eligible Card account following the schedule below.

Definitions

48. Eligible Unit Trusts refer to unit trusts issued and/or distributed by the Bank which carry a minimum sales charge of 1.5% and excludes:
    1. investments placed through the Bank’s Online Trading platform or Online Unit Trust Platform;
    2. exchange traded funds;
    3. investments made through the Central Provident Fund Investment Scheme/Supplementary Retirement Scheme;
    4. investments placed via regular savings plans;
    5. investments placed via SC Invest; and
    6. switching transactions.
49. Eligible Single Premium Products refer to non-discounted Single Premium Insurance policies underwritten by Prudential Assurance Company Singapore (Pte) Limited (“Prudential”) and distributed by the Bank, which are approved and issued by Prudential within two (2) months from the date of purchase. Please contact your Relationship Manager or Insurance Specialist for the full list of Eligible Single Premium Products.
50. Eligible Regular Premium Products refer to all Regular Premium Insurance policies except PRUShield underwritten by Prudential and distributed by the Bank, which are approved and issued by Prudential within two (2) months from the date of purchase.

Other conditions applicable to Eligible Single Premium Products and Eligible Regular Premium Products

51. For joint accounts, only the account holder nominated as the main account holder shall be awarded the Rewards Points upon the successful fulfilment of Clause 40b and/or Clause 40c.
52. Where Eligible Single Premium Products and/or Eligible Regular Premium Products are purchased in joint names, only the policy holder nominated as the main policy holder shall be awarded the Rewards Points upon the successful fulfilment of Clause 40b and/or Clause 40c.
53. For the avoidance of doubt, the aggregation of premiums of Eligible Single Premium Products and/or Eligible Regular Insurance Products held by distinct Beyond Credit Cardholders, in order to fulfil Clause 40b or Clause 40c is not allowed.
54. In the event that your Eligible Single Premium Products and/or Eligible Regular Premium Products are terminated / surrendered / cancelled within 12 months of their commencement date, you shall be deemed to have forfeited the Rewards Points awarded to you. In the event that the Rewards Points have already been received by you, the Bank reserves the right to debit a value equivalent to the Reward (or such other amount as the Bank deems fit) from any of your account(s) held with the Bank without prior notice.
55. The purchase of any Eligible Single Premium Products and Eligible Regular Premium Products are subject to the terms and conditions of, and acceptance by, Prudential. The benefits listed in any marketing or promotional materials issued by the Bank are for illustration purposes only. Please refer to the full terms and conditions, and exclusions listed in the policy contract. The Bank does not accept any responsibility regarding any statement made in, omission or inclusion of any provision of, any contract between you and Prudential. Any dispute in relation to any contract between you and Prudential is to be resolved directly with Prudential. The Bank will not be liable for any injury, loss or damage arising in connection with your application and / or any contract between you and Prudential.
56. This Wealth Welcome Offer is not valid in conjunction with:
    1. Standard Chartered Bank Staff Banking Insurance Campaign – Life Insurance
    2. Standard Chartered Bank Staff Banking Wealth Campaign – Life Insurance
    3. Prudential Maturity Promotion
    4. Steady Saver Rewards Promotion
    5. Standard Chartered Bank ‘Invest and be Rewarded’ Priority Banking New-to-Bank and New-to-Priority Promotion
    6. Standard Chartered Bank ‘Invest and be Rewarded’ Priority Banking New-to-Bank Q1 2025
    7. Standard Chartered Bank ‘Insure and be rewarded’ Promotion
        

Section 4 – Beyond Credit Card Referral Programme

 Eligibility Criteria

57. To qualify for the Beyond Credit Card Referral Programme, you must:
    1. Be an existing customer of the Bank;
    2. Is a Beyond principal cardholder;
    3. Have a minimum of one (1) Singapore Dollar denominated current/cheque/savings account with the Bank; and
    4. Refer any family member or friend (“Referred Individual”) to the Bank during the Promotion Period.
58. Prior to referring a Referred Individual to the Bank, you must:
    1. Consent to the Bank disclosing your name and the fact that you are a customer of the Bank to such Referred Individual;
    2. Obtain the consent of such Referred Individual to your provision of the personal data relating to such Referred Individual set out in the Referral Form to the Bank. You should also inform each Referred Individual that their personal data provided to the Bank may be used for the marketing of the Bank’s products and services.
    3. Inform and obtain the consent of such Referred Individual to the Bank’s representative contacting them via phone and message;
    4. Inform the Referred Individual that a reward will be accorded to you if these Beyond Credit Card Referral Programme conditions are complied with; and
    5. Inform and obtain the consent of such Referred Individual that the total value of their Fresh Funds placement with the Bank may be disclosed to you by virtue of the reward you receive under the Beyond Referral Programme.
59. A referral will be considered successful when:
    1. You apply for a Beyond Credit Card during the Promotion Period and the referral is made within three (3) calendar months of your Beyond Card approval date;
    2. The Referred Individual is a New-to-Bank customer (as defined in Clause 36) and within one (1) calendar month of the date of referral
       1. Successfully applies for a Beyond Credit Card as the principal cardholder;
       2. Successfully applies for a Wealth $aver Account (SGD denominated) as the primary account holder;
       3. Starts a SC Priority, Priority Private or Private Banking relationship with the Bank;
       4. Fulfils all of the following requirements corresponding to the banking relationship established by the Referred Individual; 

5. Has not had a SC Priority, Priority Private or Private Banking relationship with the Bank in the 12 months prior to the commencement of the Promotion Period, albeit with no existing relationships; and

6. Is not participating in the Priority Banking and Priority Private Qualified Client Promotion.

c. The referral is made in compliance with the Personal Data Protection Act 2012.

60. A referral will not be considered successful if it is made by an employee of the Bank or its affiliated companies who is:
    1. A representative that conducts regulated activities under the Financial Advisers Act 2001 and the Securities Futures Act 2001;
    2. An individual that has the authority to make decisions or conduct activities that can significantly impact the safety and soundness of the Bank or its affiliated companies, or cause harm to a significant segment of the customers or other stakeholders of the Bank or its affiliated companies;
    3. An individual that is principally responsible for the day-to-day management of the Bank or its affiliated companies (i.e., Certified Persons); or
    4. An individual whose job duties include the procurement and referral of New-to-Bank customers of the Bank or its affiliated companies (such as Relationship Managers, Business Acquisition Managers and Relationship Service Managers).
61. This Beyond Credit Card Referral Programme is not valid in conjunction with the Priority Banking and Priority Private Referral Campaign.
62. The date of referral shall be determined as the date that Bank receives the contact details of the Referred Individual.

Offer Mechanics

63. For each successful referral made where the Referred Individual establishes a SC Priority Banking relationship with the Bank, you will receive 50,000 miles (credited to the Beyond Card account in the form of 125,000 Rewards Points).
64. For each successful referral made where the Referred Individual establishes a SC Priority Private or Private Banking relationship with the Bank, you will receive 150,000 miles (credited to the Beyond Card account in the form of 375,000 Rewards Points).
65. The respective Rewards Points will be credited to the Beyond card account within two (2) calendar months after the Maintenance Period. 
66. The number of successful referrals made is capped at one (1) Priority Banking referral and one (1) Priority Private referral each. In other words, the maximum number of miles to be earned from the Beyond Credit Card Referral Programme is 200,000 miles (credited to the Beyond Card account in the form of 500,000 Rewards Points).
67. The Referred Individual may participate in the Standard Chartered Beyond Credit Card Beyond A Million Miles Promotion if the Referred Individual fulfils the respective requirements listed in this Standard Chartered Beyond Credit Card Beyond A Million Miles Promotion Terms and Conditions.
68. The Welcome Offer awarded under Section 4 will be credited in the form of Rewards Points to the Cardholder’s Eligible Card account following the schedule below.