For complete eligibility criteria, terms and conditions related to Priority Banking please visit www.sc.com/in
The contents / offers / products / services mentioned herein are subject to change without prior notice, may not be available in certain cities or may be extended/withdrawn at sole discretion of Standard Chartered.
* Terms & Conditions
Terms and Conditions for each offer
For complete eligibility criteria, terms and conditions related to Priority Banking please visit www.sc.com/in The contents / offers / products / services mentioned herein are subject to change without prior notice, may not be available in certain cities or may be extended/withdrawn at sole discretion of Standard Chartered.
A range of unique benefits valued at over Rs. 100,000 per annum
Visa Infinite Debit Card
2 reward point on every Rs. 100 Debit Card spends – assuming an average spend of Rs. 20,000 a month*
Visa Infinite Credit Card
Annual Fees waived
5X Reward points on every Rs.100 of foreign spends, assuming Rs. 1,50,000* spent P.A
5X Reward points on every Rs. 100 spends on retail fashion outlets, assuming Rs. 1,20,000* spent P.A
2x Reward Points on every Rs. 100 on other spends assuming Rs. 10,000* spent every month
Complimentary Priority Pass(access to 850 International Participating airport lounge). Issued to the Primary holder of Visa Infinite Credit Card. Priority Pass valued @ US$ 99
Complimentary 4 Lounge access every quarter through Priority pass (assuming only 2 international Priority Pass usage every year charged at $27, free for qualified customer ^^)
Complimentary 2 games including 1 game along with a guest per month valuing at Rs. 4500 per game per person, at 15 golf courses in India (assuming only 1 game with guest once in a quarter)
Common Benefit on Visa Infinite Debit & Credit Card
4 lounge visits per quarter at an average of 1,600* per visit at participating Airport Lounge in India (assuming usage of 2 per quarter)
Surcharge waiver of 2.5% on Visa Infinite card petrol spend of Rs. 10,000* p.m.
Complimentary banking services
Free cheque/cash pick-up and delivery (assuming usage of 2 services each @ Rs. 200 and Rs. 100 respectively p.m.)*
No charge for ATM usage abroad (charged at Rs.140 per transaction assuming usage of 8 transactions p.a.* )
50% discount on annual locker fees – assuming fee of Rs. 17,000 p. a. ^^
Total benefites valued at
*The above example is for illustrative purposes only. Terms and condition apply.
^^ Monthly average FUM* (Funds under management) of a minimum of 2,000,000 or any such minimum average balance fixed by the Bank from time to time. The FUM includes the following products of the Bank: Savings Bank Accounts, Term Deposits, Investments made through the Bank
Important points to note
Up to maximum of 50,000 points can be earned on the Card per year. Subject to a minimum of 500 points for redemption.
Rewards have to be redeemed by calling Phone Banking. Rewards for each calendar year expires at the end of June of the following year.
Savings Account FAQs
What do we offer to customers through a Priority Banking relationship?
Priority Banking is a premium service offered to elite and discerning customers. The 3 pillars of the Priority Banking value proposition are Privileged Service, Unique Benefits and Expert Solutions. Privileged Service
Dedicated team of experts
Exclusive banking experience
Time bound service guarantees
International Banking services
Enjoy Unique Benefits
Household recognition for family members
Global portability of Priority status
Preferential pricing on products & services
Travel, lifestyle & wellness privileges
Access Expert Solutions
Visa Infinite credit card
Wealth Management & Advisory
Unique '3-in-1' Account facility
What are the eligibility criteria for a Priority Banking Relationship?
Eligibility Criteria for Priority Banking are (any one of the following):
Quarterly average credit balance of a minimum of INR 2,000,000 in a customer relationship across all products held with the bank or any such minimum average balance fixed by the Bank from time to time. The relationship which will be considered for this purpose includes any one or combination of the following products from the Bank: Savings Bank Accounts, Term Deposits, Assets under Management of Investments made through the Bank or
Payroll Account with a monthly minimum credit of INR 200,000
Mortgage Loan Balance of a minimum of INR 10,000,000 or
Mortgage approved loan for customers with declared income of minimum of INR 2,400,000 pa.
What are the special offers?
Get 2%* cash rewards on your Debit Card Spends
Complimentary access** to Airport Lounges and Golf Courses on Priority Infinite Debit & Credit Cards
INR 4 lakhs cash back on your hole loan
Wide range of investment services at zero charges**
How does one apply for the Visa Infinite Debit Card?
All existing customers of the Standard Chartered Bank holding a Priority Banking relationship can apply for the Visa Infinite Debit card by calling Phone Banking or walk up to the nearest Standard Chartered Bank Branch.NR and SME account holders cannot apply for the Visa Infinite debit card.
What is the special offer on the Infinite Debit Card? How does one apply? 2% Cash Rewards Visa Infinite Debit Card
This card can be used to withdraw cash from Visa ATMs across the world and to purchase goods at Visa merchant outlets and online payment gateways.
You can make use of your Visa Infinite Debit Card to a maximum daily limit of Rs 200,000 for cash withdrawals and another Rs 200,000 for making purchases, subject to balances being available in your account.
2% rewards is given on all spends at any merchant outlet and Online payments.
What are the charges for an Infinite Debit Card?
The Visa Infinite Debit Card is a lifetime free card for Priority customers.
What is the maximum cash-back possible? Do the cash rewards expire?
Up to a maximum of 50,000 points can be earned on the card per year.
Rewards have to be redeemed by calling Phone Banking. Rewards for each calendar year expire end-June the following year.
Are there any other benefits apart from the 2% cash back?
The Visa Infinite Debit Card entitles you access to the 24X7 global customer assistance service offered (GCAS) by VISA. This service can be availed through the toll-free telephone numbers of the respective country in case of lost card reporting, emergency Cash disbursement, travel & medical assistance.
Access to Airport Lounges
The Program is available till 30th September 2013
Eligible Cardholders will be allowed access to all Participating Airport Lounges under the Program, based on one of the following entry types:
Entry Type 1: Free entry for Eligible Cardholder only, (subject to a nominal swipe fee of Rs2). All Eligible Cards must be validated at point of entry by swiping a transaction of a nominal Rs 2. A limit of 2 accesses per calendar quarter per Eligible Visa Signature Card and 4 accesses per calendar quarter per Eligible Visa Infinite Card applies for Entry Type 1. Other access restrictions apply, as mentioned below.
Entry Type 2: Paid entry for the Eligible Cardholder according to the respective prices of usage displayed at the Participating Airport Lounges, for himself/herself only or for his/her accompanying guests (payment will be made directly at the Participating Airport Lounge by the Eligible Cardholder).
To use the Airport Lounge, Customer's Card must be validated at point of entry by swiping a transaction of a nominal Rs 2. The customer will be denied the free entry if the card is not approved by Issuer Bank upon this swipe.
Complimentary Golf at following Participating Golf Clubs:
Singapore - Sentosa Golf Club (Tanjong Course)
Malaysia / Kuala Lumpur - Glenmarie Golf Club
Thailand / Phuket - Loch Palm
Thailand / Phuket - Red Mountain
Taiwan / Taipei - Miramar Golf & Country Club
China / Shenzhen - Tycoon Golf Club
UAE / Dubai - The Els Club
Vietnam / Ho Chi Minh - Song Be Golf Resort
Offer valid till 31 Dec 2013
30% discount on Green fees at some of the most prestigious golf clubs around the world. Offer valid till 31 Mar 2014
Detailed terms and conditions are available on the link below:
What is the cash back amount?
The cash back is calculated as a percentage of the monthly EMI. For the first 5 years of the tenure, the cash back is 0.5% of the EMI. Between 5 and 10 years, the cash back is 1% of EMI. After 10 years, the cash back increases to 2% of EMI.
Is this offer valid on all types of Mortgage?
This offer is valid for Home loans with tenure greater than 60 months. This offer is not applicable on Home saver, Loan against property or pre-approved top ups. The cash-back is only on Home loans where the Home Loan EMI is debited from the Standard Chartered Savings Account. In order to be eligible for the cash-back, all the Home Loan EMIs have to be debited from the Standard Chartered Savings Account for the period of calculation of cash-back.
Is it necessary to have a Standard Chartered savings account?
Yes, to avail this offer, you have to simply open a Standard Chartered Bank Savings account, so that we can credit the cash back to this savings account. The EMI payments will also be made from this account.
What are the features of the associated savings account?
The Savings Account from which the EMI is debited is a zero balance facility. All other Savings Accounts and Home Loans fees and charges will apply. In case you use a pre-existing Savings account for debiting the EMI of the Home Loan, there will be no change in the Average quarterly balance requirement and other charges that are applicable on the savings account.
How is the cash back credited?
After the first 36 months, the first cash back will be calculated for all the 36 months and credited to the account. Post that, the cash-back will be credited every 12 months for the preceding 12 months. The cash-back will be credited into the Standard Chartered Savings Account within 2 months of the completion of the cash-back period.
The cash-back facility will cease if the loan is closed prior to 36 months.
Visa Infinite Credit Card
How can I get the Samsung Tab 3?
The first step is to sign up for the Priority Banking Visa Infinite Credit Card. Next, you will have to mandatorily enter your mobile number and email ID in the Credit card application form. After you receive the credit card you have to spend a total amount of INR 10000/- or more using your Visa Infinite Credit Card (over one transaction or many transactions) within first 30 days of card set up. To activate the offer, you have to send an SMS with keyword PRIORITY to 9987123123 from your registered mobile number with Standard Chartered Bank that should tally with the mobile number in the credit card application form. The free gift would be dispatched to eligible customers by January 31, 2014. For details please refer to Terms and Conditions
What are the other benefits of the Visa Infinite Credit Card?
Free Priority Pass that allows access to over 600 airport lounges globally
Free Golf Fee Card which allows access to golf courses worldwide and discounted green fees
Accelerated reward points with up to 10 reward points per INR 100 spent on select spend categories
How can one avail of the zero charges on investments?
Offer is valid for new investment accounts opened between August 21, 2013 and October 15, 2013. There would be no charges on the first five investment transactions initiated by the customer up to November 30, 2013. For details please refer to terms and conditions.