The Standard Chartered X Card launched to much fanfare a few years ago. It came with a princely 100,000 miles sign-up gift, and was even sent to cardholders in this needlessly extravagant box that lit up:
It quickly faded into obscurity as StanChart started to cut back on both its sign-up bonus and packaging. The sign-up miles dwindled and the packaging became more humble, eventually becoming just a boring envelope other “normal cards” delivered in. Without a compelling use case and the apparent lack of effort from the bank to make it a relevant card, I guess you could say that the X Card has been on quite a rocky journey the past few years.
New 3 miles per dollar bonus categories
From 19th May 2023, the StanChart X Card would be replaced by the new StanChart Journey card. The main thing that has changed would be the card’s earn rates.
X Card had an earn rate of 1.2 miles per dollar, and there would be no change to this. However, StanChart Journey is adding bonus categories for 3 miles per dollar instead, and this is given on online spend for:
- Grocery/food-stores with MCCs 5411, 5462, 5499 and 5921
- Food deliveries with MCCs 5811, 5812 and 5814
- Transport merchants with MCCs 4111, 4121, 4411 and 4789
It’s a relatively short list, and 3 miles per dollar isn’t exactly exciting when we have 4 or even 6 miles per dollar options for such spend. The maximum miles one can earn from these categories is 3,000 per month, making the maximum spend S$1,000.
Brief overview of changes
There are some other less significant changes, and here’s a gist of what I could find that is different:
|Earn Rate||1.2 miles per dollar on local spend|
2.0 miles per dollar on foreign spend
No bonus categories
|1.2 miles per dollar on local spend|
2.0 miles per dollar on foreign spend
3.0 miles per dollar on bonus categories
|Bonus Categories||N/A||Online only|
Grocery/food-stores with MCCs 5411, 5462, 5499 and 5921
Food deliveries with MCCs 5811, 5812 and 5814
Transport merchants with MCCs 4111, 4121, 4411 and 4789
|Lounge Visits||2 Priority Pass lounge visits a year||2 Priority Pass lounge visits a year (unchanged)|
|Annual Income Requirement||S$80,000||$30,000|
Existing X Card cardholders will enjoy the new benefits immediately, and get to keep using our swanky metal cards until they expire.
At launch, the sign-up promo is 45,000 miles for new StanChart cardholders:
StanChart + Singsaver Promo
For new StanChart cardholders:
|Use the Apply links found on this site and fill up SingSaver gift redemption form in email.|
No minimum spend required!
|Get AirTag Bundle of 4 (worth S$149) or S$100 via PayNow²|
|Optional: Pay annual fee of S$194.40|
(I personally don’t recommend this)
|Spend S$3,000 in eligible transactions within 2 months of card approval||35,000 miles|
|Put your card-on-file and spend at least $20 on select merchants within 30 days of Card approval. List of selected merchants: Shopee, Lazada, Taobao, EzBuy, Qoo10, Carousell & Netflix||Bonus S$20|
|Maximum||45,000 miles¹ + S$140 cash|
⚠️ Important: Remember to fill out the Rewards Redemption Form from SingSaver in your email to secure your rewards.
Offer until 7th January 2023.
Terms and conditions (save a copy for future reference):
Gives 1.2 miles per dollar on local transactions, 2 miles per dollar on foreign transactions, and 3 miles per dollar on online groceries, transportation, and food delivery merchants
At a cursory look, I think you can safely skip the annual fee first and choose the fee waiver option instead because S$194.40 for 10,000 miles isn’t that great a deal in my books. That aside, the rest of it looks like a great deal. Having a bonus of 5 miles per dollar means you can get 6.2 miles for every dollar spent, and even 8 miles per dollar for spend made on the bonus categories. This will max out at S$5,000 of spend and you should definitely try to maximise this.
There is also an extra 2 miles per dollar for spends made in foreign currency, which means you get get as much as 8.2 miles per dollar for every dollar for overseas transactions. I imagine it could even go up to 10.2 miles per dollar for all the taxi rides and food deliveries we make in a foreign country.
StanChart finally has an entry-level miles card to compete with contemporaries like Citi PremierMiles, DBS Altitude, OCBC 90°N and UOB PRVI. Now we have to see whether the bank is interested enough in the miles space to offer a flagship high-earn card of at least 4 miles per dollar soon.
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