If you’re a Standard Chartered customer in Singapore, you can earn reward points on your banking and credit card transactions. These reward points can be redeemed for a variety of benefits, including e-vouchers, miles, and bill payments. Understanding how to maximise your reward points redemption can help you get the most out of your Standard Chartered membership.
One way to maximise your reward points redemption is to get a Standard Chartered Rewards+ Card. This card offers up to 10X rewards points per S$1 spent in foreign currency, including online spends, and up to 5X rewards points per S$1 spent in Singapore Dollars for local dining transactions. The card also offers a 1-year annual fee waiver, with no minimum spend required. Rewards points are capped at 20,000 points per year.
Navigating SC.com/sg for reward points is another key aspect of maximising your rewards redemption. You can view your reward points balance by logging in to your Standard Chartered 360° Rewards account online. You can also check your monthly credit card statement to see how many points you have earned in the current billing cycle. Understanding how to navigate the Standard Chartered website can help you access your reward points and redeem them for the benefits you want.
Key Takeaways
- Understanding Standard Chartered 360° Rewards is key to redeeming your reward points.
- Maximising reward points redemption can help you get the most out of your Standard Chartered membership.
- Getting a Standard Chartered Rewards+ Card and navigating SC.com/sg for reward points are two ways to maximise your rewards redemption.
Understanding Standard Chartered 360° Rewards
If you’re a Standard Chartered cardholder in Singapore, you’re eligible to earn reward points for your banking and credit card transactions. The 360° Rewards Programme is the bank’s loyalty programme that lets you earn points on your eligible transactions.
Earning Reward Points
To earn reward points, you need to use an eligible credit card in the manner specified by Standard Chartered. The earn rates vary depending on the credit card you use and the category of your transaction. You can earn up to 10 reward points for every $1 spent on eligible transactions.
Reward Category Breakdown
Standard Chartered categorises eligible transactions into different categories. Here’s a breakdown of the categories and the corresponding earn rates:
| Category | Earn Rate |
|---|---|
| Dining | Up to 10 points per $1 |
| Online shopping | Up to 5 points per $1 |
| Petrol | Up to 5 points per $1 |
| Supermarkets | Up to 5 points per $1 |
| Other retail spending | Up to 1 point per $1 |
It’s important to note that the earn rates vary depending on the credit card you use. Standard Chartered has a two-tiered rewards system, which means that the number of miles that 1 Standard Chartered 360° Rewards Point gets you depends on what credit card you have.
In conclusion, the Standard Chartered 360° Rewards Programme rewards you for your eligible transactions. By understanding the earn rates and categories, you can maximise the number of reward points you earn and redeem them for e-Vouchers or convert them to Miles on the bank’s 360° rewards redemption platform.
Maximising Reward Points Redemption
If you are a Standard Chartered customer in Singapore, you have access to the 360° Rewards program, which allows you to earn points on your banking and credit card transactions. These points can be redeemed for a variety of rewards, including flights, hotels, vouchers, shopping rewards, cashback and KrisFlyer transfers. Here’s how you can maximise your reward points redemption.
Redeeming for Flights and Hotels
If you are planning a trip, you can use your reward points to book flights and hotels. Standard Chartered has a number of airline and hotel partners, including Singapore Airlines, Cathay Pacific, and Hilton, which means you can use your points to book flights and hotels with these partners. You can also transfer your points to KrisFlyer miles, which can be used to book flights with Singapore Airlines and its partner airlines.
When redeeming for flights and hotels, it’s important to compare the conversion rates offered by Standard Chartered and its partners. Sometimes, it may be more cost-effective to transfer your points to KrisFlyer miles and book your flights directly with the airline.
Vouchers and Shopping Rewards
If you prefer to use your reward points for shopping, you can redeem them for vouchers and shopping rewards. Standard Chartered has a wide range of partners, including Lazada, Zalora, and Robinsons, which means you can use your points to purchase products from these partners. You can also redeem your points for vouchers, which can be used at a variety of retailers.
When redeeming for vouchers and shopping rewards, it’s important to check the conversion rates offered by Standard Chartered and its partners. Sometimes, it may be more cost-effective to redeem your points for vouchers and use them to purchase products directly from the retailer.
Cashback and KrisFlyer Transfers
If you prefer to receive cashback, you can redeem your reward points for cashback. Standard Chartered offers a cashback redemption option that allows you to receive cashback directly to your credit card account. You can also transfer your points to KrisFlyer miles, which can be used to book flights with Singapore Airlines and its partner airlines.
When redeeming for cashback and KrisFlyer transfers, it’s important to check the conversion rates offered by Standard Chartered and its partners. Sometimes, it may be more cost-effective to transfer your points to KrisFlyer miles and book your flights directly with the airline.
Overall, the 360° Rewards program offers a variety of ways to redeem your reward points, so it’s important to compare the conversion rates and benefits offered by Standard Chartered and its partners to maximise your redemption.
Exclusive Benefits of SC Rewards+ Card
If you’re a Standard Chartered customer and love to travel, dine out, shop, or enjoy entertainment, the Rewards+ Card is perfect for you. It offers a range of exclusive benefits that make your lifestyle more enjoyable.
Travel and Dining Perks
With the Rewards+ Card, you can earn 10X rewards points on overseas dining, retail, and travel spends. You also earn 5X points on local dining. The bonus rewards points are capped at 20,000 points per year, which is equivalent to $400 worth of rewards.
The Rewards+ Card also offers exclusive travel perks, including complimentary travel insurance, access to VIP airport lounges, and special discounts on hotel bookings and car rentals.
Shopping and Entertainment Offers
The Rewards+ Card offers a range of shopping and entertainment offers, including discounts on movie tickets, theme parks, and other attractions. You can also enjoy exclusive shopping discounts at participating merchants, both online and offline.
The Rewards+ Card also offers special promotions throughout the year, including cashback offers, bonus rewards points, and exclusive discounts on selected products and services.
In conclusion, the Rewards+ Card is an excellent choice for Standard Chartered customers who love to travel, dine out, shop, and enjoy entertainment. With its exclusive benefits and rewards, you can enjoy your favourite activities while earning rewards points that can be redeemed for a range of exciting rewards.
Navigating SC.com/sg for Reward Points
If you are a Standard Chartered client in Singapore, you can earn reward points for your banking activities. These points can be redeemed for a variety of rewards, including vouchers, miles, and other benefits. To navigate the Standard Chartered website efficiently to access your reward points, you should keep a few things in mind.
Using the Website Efficiently
First, you should know that the Standard Chartered website in Singapore is located at sc.com/sg. From there, you can log in to your account and access your rewards points. You can also find links to the rewards program and information about how to earn and redeem points.
When you log in to your account, you will see your rewards balance and options for redeeming your points. You can choose from a variety of rewards categories, including travel, shopping, and dining. You can also convert your points to miles or other benefits.
Understanding Terms and Client Guidelines
To make the most of your rewards points, it is important to understand the terms of use and client guidelines for the rewards program. These guidelines outline the rules for earning and redeeming points, as well as any fees or charges that may apply.
You should also be aware of any links or resources provided by Standard Chartered to help you navigate the rewards program. These may include FAQs, how-to guides, and other resources to help you make the most of your rewards.
Overall, navigating the Standard Chartered website in Singapore for rewards points is easy and straightforward. By using the website efficiently and understanding the terms and guidelines, you can make the most of your rewards points and enjoy the benefits of being a Standard Chartered client.
Assessing Fees and Charges
When considering a rewards credit card, fees and charges are an important factor to consider. In this section, we will assess the fees and charges associated with the Standard Chartered Rewards+ Credit Card in Singapore.
Annual Fee Considerations
The Standard Chartered Rewards+ Credit Card has an annual fee of $196.20, which is waived for the first year. This fee is subject to a 9% GST from 1st January 2024. While this fee may seem high, it is important to consider the rewards programme and benefits that come with the card.
Miscellaneous Fees and Charges
In addition to the annual fee, there are other fees and charges to take into account when using the Standard Chartered Rewards+ Credit Card. For example, there is a cash advance fee of $15 or 6% of the amount withdrawn, whichever is higher. There is also a late payment fee of $80 if you do not make your minimum payment by the due date.
It is worth noting that the Standard Chartered Rewards+ Credit Card has an income requirement of $30,000 per annum for Singaporeans and Permanent Residents, and $60,000 per annum for foreigners. This means that the card may not be accessible to everyone.
In conclusion, while the Standard Chartered Rewards+ Credit Card does have fees and charges associated with it, the rewards programme and benefits may outweigh these costs. It is important to assess your own personal financial situation and spending habits before deciding if this card is right for you.
Frequently Asked Questions
How can I redeem my Standard Chartered rewards points for exciting gifts and vouchers?
Redeeming your Standard Chartered rewards points is easy and convenient. You can log in to your online banking account and navigate to the 360 Rewards section. From there, you can view your points balance and select the item you want to redeem. Follow the on-screen instructions to complete the redemption process. You can redeem your points for a wide range of exciting gifts and vouchers, including shopping vouchers, dining vouchers, travel vouchers, and more.
What’s the latest rewards catalogue for Standard Chartered Singapore like?
Standard Chartered Singapore updates its rewards catalogue regularly, so you can always find new and exciting items to redeem your points for. The rewards catalogue includes a wide range of products and services, including electronics, fashion, beauty, travel, and more. You can check the latest rewards catalogue on the Standard Chartered Singapore website or through your online banking account.
Are there any tips for maximising the value of my Standard Chartered rewards points?
Yes, there are several tips for maximising the value of your Standard Chartered rewards points. One of the best ways is to redeem your points for travel-related rewards, such as airline miles or hotel stays. These rewards often offer the best value for your points. You can also take advantage of promotions and offers to earn bonus points or redeem your points for discounted items.
Can you tell me how to earn more reward points with my Standard Chartered credit card?
Yes, you can earn more reward points with your Standard Chartered credit card by using it for your everyday purchases. Standard Chartered offers several credit cards that offer rewards points for every dollar spent, including the Standard Chartered Rewards+ Card and the Standard Chartered Unlimited Cashback Card. You can also take advantage of promotions and offers to earn bonus points.
Is it possible to convert my reward points to cash with Standard Chartered?
No, it is not possible to convert your reward points to cash with Standard Chartered. However, you can redeem your points for cashback vouchers or use your points to offset your credit card bills.
What are the most thrilling ways to use my Standard Chartered reward points?
The most thrilling ways to use your Standard Chartered reward points depend on your personal preferences. You can use your points to redeem for travel-related rewards, such as airline miles or hotel stays, or for shopping vouchers, dining vouchers, and other exciting items. You can also donate your points to charity or use them to offset your credit card bills. The possibilities are endless!