Standard Chartered Visa Infinite X Credit Card Review

Benefits of using the Standard Chartered Visa Infinite X Credit Card

Here are the features you should consider when looking at the Standard Chartered Visa Infinite X Credit Card:

• Sign-up offer. Apply today via MyInfo and receive S$20 cashback. Ends 31 July 2020.
• 85,000 air miles sign-up bonus. Receive 85,000 air miles or S$800 Cash Rewards when you apply and spend a minimum of S$4,000.
• Priority Banking sign-up promotion. Receive extra $6,000 cash reward when you establish a Priority Banking or Priority Private relationship and place a minimum of S$200,000 in fresh funds.
• Reward points on foreign spend. Earn 5 Rewards Points per $1 spent.
• Free airport lounge access. Enjoy 2 complimentary Priority Pass lounge access at over 1,000 airports worldwide every year.
• The Good Life offers and privileges. Enjoy a wide array of card offers and privileges at over 3,000 outlets in Asia, including dining discounts, gift vouchers at retail stores, online shopping promo codes and cashback from qualifying hotel stays.
• SC EasyRewards programme. With SC EasyRewards, you may use your 360° Rewards Points to offset qualifying travel purchase, redeem for hotel partner points or air miles from partner airlines.

Features of the Standard Chartered Visa Infinite X Credit Card

Some of the Standard Chartered Prudential Visa Signature Card’s competitive features include:

• Annual fee waiver. This card charges a strictly non-waivable annual fee of S$695.50 p.a for the principal card and S$107 p.a. for each supplementary card.
• SC EasyBill. The SC EasyBill payment programme rewards you with cashback, reward points and bonus interest on your IRAS, education, insurance and rental bills.
• Complimentary extras. Standard Chartered Bank also provides a host of additional card features:

• • EasyPay. Ease the burden of your big-ticket purchases (at least S$500) by splitting into an interest-free repayment plan across 6 or 12 months, with a one-time service fee of 5%.
  • Funds transfer. You may get cash instantly at 0% interest for 3 to 12 months for a one-time processing fee.

• Standard Chartered X Credit Card promotions

  Agoda

  Get 7% off accommodation worldwide. T&Cs apply. Offer ends 31 December 2020. Stay period ends 30 June 2021.

  Lazada

  Receive up to 10.73% cashback at Lazada via RebateMango. T&Cs apply. Ends 31 Dec 2020.

  Expedia

  Get 10% off Expedia hotel bookings. T&Cs apply. Redemption period ends 31 Dec 2020.

How to apply for the Standard Chartered Visa Infinite X Credit Card

If you would like to apply for the Standard Chartered Visa Infinite X Credit Card, you can apply for this card by completing the online application form. You may choose to have your personal and income details retrieved via MyInfo if you’re a SingPass holder, or manually input your information.

For existing Standard Chartered customers, there’ll be no requirement for any documents unless there are changes to your employment or income. So if there has been a recent change to your income, you’d need to submit the updated documentation for review during the application process.

Make sure you meet the criteria for this card and have the supporting documents ready:

Eligibility criteria

• Singapore citizen, permanent resident and foreigner with employment pass
• Minimum annual income of at least:
  • S$30,000 p.a. for Priority/Private banking customers
  • S$80,000 p.a for all other customers
• Foreigners need to be holders of these employment passes: P1, P2 or Q type (with at least 1-year validity)
• Between 21 to 65 years of age
• Have a good credit rating

Required documents

• For salaried employee

  • Photocopy of your NRIC/Employment Pass (front and back)
  • Latest computerised payslip; or
  • Latest 6 months’ CPF statement; or
  • Latest income tax notice of assessment and latest computerised payslip; or
  • Latest income tax notice of assessment and latest 6 months’ CPF statement

• For self-employed

  • Photocopy of your NRIC/Employment Pass (front and back)
  • Lastest income tax notice of assessment (business must have been in operation for at least 2 years)

• For commissioned or variable income earner

  • Photocopy of your NRIC/Employment Pass (front and back)
  • Lastest 3 months computerised payslip; or
  • Latest 6 months’ CPF statement; or
  • Lastest 3 months computerised payslip and income tax notice of assessment; or
  • Latest income tax notice of assessment (for 100% commission earner)

Frequently asked questions

• Is there a minimum spend required to qualify the rewards points?

  No, you’re not required to meet a minimum spend amount to qualify for the new additional rewards points

• Is there a maximum cap on the reward points?

  There’s no cap on the amount of reward points you can accumulate. Also, there’s no expiry for the 360° Rewards Points, so you can take your time to save up for a reward of your choice.

• Will I be charged a fee when I convert my reward points to air miles or hotel loyalty points?

  Yes, there’ll be a transfer fee of S$26.75 (including GST) chargeable for each conversion of 360° Rewards Points to Hotel Partner Points or Airline Partner Miles.

With a signup bonus of 30,000 air miles and an extra 100,000 air miles if you establish a priority banking relationship (and inject at least $300,000 Fresh Funds), the Standard Chartered Visa Infinite X Credit Card is undoubtedly one to consider if you wish to build up your miles balance quickly. However, the card also comes with a hefty annual fee that may potentially negate any savings you gain. So make sure to compare your options before you apply.