photo source: http://www.standardchartered.com.my/
Standard Chartered is back with their cash back promotion. For every new applicant, cash back of up to RM128 will be given if the application is approved. The promotion is only applicable for online applications, so you have to go to their website and fill in the needed information, instead of signing up from any of their roaming agents.
Application of either the standard or business gold card will earn you RM88 if it is approved. For the platinum card, approval will earn you an additional RM40, which means you will get RM128.
Earlier this year, Standard Chartered were having a similar promotion with a much higher amount, up to RM228 as I remember. Probably at this time, they’re tuning it down with the unexpected high sign-up rate from their last promotion.
My verdict: good to earn the extra $$ if you’re already planning to get a credit card (from Standard Chartered or some other bank). It can cover at least a free year of the government service tax and you can always cancel after that if you’re not satisfied. For platinum cardholders, the bank provides unlimited use of premium lounge access, which can be quite useful if you are a frequent traveller.
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