StanChart Income Tax Payment Facility: Buy Miles From 0.95 Cents Each (2026 Guide & Review)

Standard Chartered’s Credit Card Income Tax Payment Facility is a service provided by the bank that allows cardholders of StanChart Beyond or StanChart Visa Infinite to use their income tax Notice of Assessment (NOA) to buy miles.

Depending on the card used and customer segment, users can buy miles from as low as 0.95 cents each which is a very attractive rate.

How it works

Step	Description
1	Fill in the Tax Facility application form
2	Upload your Notice of Assessment and submit the form
3	Funds will be credited in designated account within 7 business days of application

StanChart Beyond or StanChart Visa Infinite cardholders just need to complete the bank’s Tax Facility application form at least 7 days before the payment due date.

A one-time processing fee which is currently 1.90% of the approved tax payment is charged.

Instead of being paid to IRAS, the funds will be credited to the bank account details provided (which can be a non-StanChart account). This is a good thing since you can then use the funds for any purpose you wish, and pay your tax via GIRO or another payment service to pay your income tax (see a list here).

Full tax payment only

Note that you cannot pay more than the chargeable tax amount as indicated by your NOA. You are also unable to do partial payments.

You also need to have enough credit limit to pay for both the payable tax amount plus the 1.90% processing fee.

Example

If you have submit an NOA with S$5,000 payable tax, your card will be charged S$5,000 plus a processing fee of S$95 (1.90% of S$5,000).

Using a StanChart Visa Infinite Card, you will get 17,500 360° Rewards Points which is equivalent to 7,000 miles (1.4 miles per dollar × S$5,000).

The S$5,000 will be credited to the bank account you provided. You can then continue to pay your tax via monthly GIRO instalments, and/or use another payment service.

Current Promo

From 1st April to 30th June 2026, enjoy 100% cashback on the fee capped at S$200 for the first 25 applicants each calendar month.

See terms and conditions here.

Cost Per Mile

The Income Tax Payment Facility is only available to StanChart Beyond and StanChart Visa Infinite cardholders. Both cards have different earn rates depending on requirements met:

Card	Earn Rate	Cost Per Mile
StanChart Visa Infinite	1 mile per dollar	1.90¢
	1.4 miles per dollar (S$2,000 min. spend)	1.36¢
StanChart Beyond	1.5 miles per dollar	1.27¢
	2 miles per dollar (Priority Banking / Private customer)	0.95¢

StanChart Priority Banking and Priority Private customers will get the lowest cost per mile with their StanChart Beyond cards at just 0.95 cents. This is taking 1.9% divided by the 2 miles per dollar earn rate.

StanChart Visa Infinite cardholders will want to spend at least S$2,000 within their statement month to get the increased 1.4 miles per dollar earn rate for a cost per mile of 1.36 cents.

Income Tax Payment Facility payments are considered eligible spend

The good news is that amounts charged to the card (excluding the processing fee) through the Income Tax Payment Facility will count towards eligible spend, so it is entirely possible to just put S$2,000 and up of taxes on the card and get 1.4 miles per dollar.

This is also true for the minimum spend for the card’s sign-up promo, so cardholders can use the Income Tax Payment Facility to easily meet the spend requirement.

Is this a good deal?

Aside from those who cannot meet the S$2,000 minimum spend for StanChart Visa Infinite and hence can only get 1 mile per dollar, I think it is a good deal for StanChart Visa Infinite cardholders and Beyond cardholders who aren’t priority customers. 1.26 to 1.36 cents per mile are okay prices to buy miles at in my opinion, and you can see how a few popular destinations would cost in the table below. It’s an even better deal if you consider how the amount charged can also qualify for things like sign-up promos.

For Priority Banking or Private customers holding StanChart Beyond, I would say it’s a no-brainer thing to do. 0.95 cents per mile is simply a fantastic offer.

Destination	Miles Required	Cost at 1.90¢ Per Mile	Cost at 1.36¢ Per Mile	Cost at 1.27¢ Per Mile	Cost at 0.95¢ Per Mile
Thailand / Vietnam (Spontaneous Escapes)	35,000	S$665	S$476	S$444.50	S$332.50
Japan (Saver Award)	109,000	S$2,071	S$1,482.40	S$1,384.30	S$1,035.50
Europe (Saver Award)	217,000	S$4,123	S$2,951.20	S$2,755.90	S$2,061.5

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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.

He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.

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