• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Go to Expat Living Hong Kong
Get our Newsletter

Lifestyle Guide To Moving To & Living in Singapore - Expat Living HomepageLifestyle Guide To Moving To & Living in Singapore - Expat Living

Moving to Singapore and not sure where to start? Expat Living is the essential lifestyle guide to living in Singapore.

Menu
  • Living in Singapore
      • Living here
      • Neighbourhood Guides
      • Schools
      • Property
      • Work And Business
      • Finance
      • For Guys
      • Environment
        • UFIT TennisOutdoor activities – group fitness classes, tennis, cycling etc.
        • feng shui focus lucy richardsonExpat Journey: Lucy Richardson
        • Forbidden Hill fathers day gifts15 Fabulous Father’s Day Gifts and Things to Do
        • weddingTop 20 wedding venues in Singapore, for all sorts of couples
      • View all
    Close
  • Things To Do
      • Things to do
      • EL Events
      • Calendar
      • Competitions
      • Noticeboard
        • Muswell Hill comedy Pangdemonium dinner partyPangdemonium brings Muswell Hill to Singapore
        • looking for clues treasure hunt time heistWin big in the Civic District treasure hunt
        • As You Were ArtworksWhat’s on this week and beyond
        • The National Stadium - Sports Hub Best venues for concertsTheatres in Singapore plus venues for events & concerts!
      • View all
    Close
  • Kids
      • Enrichment
      • Kids Things To Do
      • Mums & Babies
      • Schools
      • Tots & Toddlers
      • Tweens & Teens
        • pre & post baby items cleaning by pramwashWhen did you last clean the baby pram?
        • Nexus International School students reading in library learning experienceLearning for the Future at Nexus
        • Forbidden Hill fathers day gifts15 Fabulous Father’s Day Gifts and Things to Do
        • fishing 3aHoliday fun and outdoor activities at this Adventure Camp
      • View all
    Close
  • Homes
      • Home Decor
      • Readers’ Homes
      • Furniture
        • feng shui focus lucy richardsonExpat Journey: Lucy Richardson
        • European bedding best mattressBest mattresses for the best sleep!
        • antique furniture singaporeAntique furniture shops – plus vintage and reproduction furniture!
        • Where to buy lamps in SingaporeWhere to buy lamps in Singapore – lights galore!
      • View all
    Close
  • Travel
      • Asia
      • Australia & New Zealand
      • Rest Of World
      • News
      • Travel Offers
        • ideas for a long weekend awayPlan ahead for that long weekend away!
        • international health insuranceProtecting your health overseas in 2022
        • Krabi Thailand beachfront villas for beach holiday in ThailandBeachfront villas in Krabi Thailand – perfect for your next beach holiday!
        • New ZealandYour mini guide to New Zealand
      • View all
    Close
  • Wine & Dine
      • Asian Cuisine
      • Western Cuisine
      • Bars & Clubs
      • Groceries & Speciality Services
      • Recipes & Classes
        • Pizza12 great places to get the best pizza in Singapore
        • Farmers market - butcher - meat shopTop butchers for good-quality meat
        • Sugarhall DaquriLatest bars in Singapore: New drinking spots!
        • M&S Meat Free NuggetsPlant-based nuggets – here’s what we think!
      • View all
    Close
  • Style & Beauty
      • Fashion
      • Hair & Beauty
      • Beauty Offers
        • hydrating products skinTried and tested: Hydrating Products for Dry Skin
        • ARIANE ZAGURY 2A Curated Fashion House for All
        • Frizz TreatmentIn need of a quick fix for frizzy hair?
        • Spray tan singaporeGet a golden glow quickly with a spray tan!
      • View all
    Close
  • Health & Fitness
      • Dental
      • Fitness
      • Medical
      • Wellness
        • injuries to hip and hamstring injuriesInjuries to hip muscles & hamstring injuries – how to treat them!
        • UFIT TennisOutdoor activities – group fitness classes, tennis, cycling etc.
        • overweightWeight gain and your health – How a GP can help
        • PainWhat is pain and how do you treat it?
      • View all
    Close
  • Shop
    • PRINT MAGAZINE
    • DIGITAL MAGAZINE
    • BOOKS
    • Close

Grow your Krisflyer Miles

5th April 2022 by Rebecca Bisset 5 Min Read

https://expatliving.sg/standard-chartered-priority-banking-krisflyer-miles-promotion/

Frequent flyer programmes, like many other loyalty programmes, can include lots of small print and exemptions, but they’re still worth getting on board with. (’Scuse the pun!) Our own Singapore Airlines’ KrisFlyer programme ranks pretty well, and the air miles you earn aren’t just redeemable for upgrades and flights, but also for hotel room nights, car rentals and even grocery shopping,

Most of us like the idea of getting benefits from loyalty schemes when we spend money – especially air miles. But did you know it’s also possible to get them when you save or invest? We think this sounds like a grand idea.

One example is opening a Priority Banking account with Standard Chartered Bank, which will earn you substantial Krisflyer miles. So, the old saying ‘money makes money’ is still true!

Here are the key points and advantages – aside from all the miles you can accrue – of opening a new Priority Banking account:

  1. Seamless everyday banking: This includes 24/7 access, local and foreign currency accounts, bill payments and more. And, the all important priority teller.
  2. A comprehensive range of wealth and protection solutions: From travel insurance, life insurance or retirement plans, having everything in one place makes everything more manageable and time efficient.
  3. International banking services: Have a dedicated manager to keep your financial goals and plans on track including market insights and digital investment platforms to help you stay on top of your investments. Again, having them all under ‘one roof’ is a big plus!
  4. Easy access and lower costs: Keeping finances easily accessible when you need them, free foreign transfers and emergency cash. And remember, if you’re set on the expat trail and not sure where you’ll end up, it’s an added benefit to have an international bank with global connections.
  5. As an international traveller, you’ll enjoy having complimentary access to over 1000 airport lounges worldwide.

As for existing Priority Banking customers, you can also earn air miles when you invest or insure, and there are rewards for referring friends or colleagues, too.

So, what are the specifics? Here’s what you stand to earn in air miles and more with a Priority Banking relationship:

  1. Get up to 150,000 KrisFlyer miles for a new sign-up to Priority Banking with minimum fresh funds of S$200,000 (or the equivalent in foreign currency) either in eligible deposits and/or eligible investments.
  2. Get an additional 150,000 KrisFlyer miles for a new sign-up to Priority Private with minimum fresh funds of S$1.5 million (or the equivalent in foreign currency) either in eligible deposits and/or eligible investments.
  3.  If you’re an existing SCB Priority Banking client, you can get up to 10,000 KrisFlyer miles with every $100,000 of eligible unit trust purchased and an additional 100,000 KrisFlyer miles with a purchase of an eligible insurance policy with minimum monthly premiums of S$3,000 (or the equivalent in foreign currencies).
  4. For referring friends or family members to be a Priority Banking client, you can get up to S$1,650 of cash credit upon three successful referrals. More details here

At the end of the day, we owe it to ourselves to make sure we’re making the most of our inflows of money while we are earning. Using it to provide a safety net in a fairly uncertain world, and enabling it to grow or provide additional benefits in the way or air miles all make sense. And it’s worth spending the time and attention to detail on it.

Find out more about it here

Terms & Conditions

1 The Priority Banking & Priority Private KrisFlyer Miles Sign-Up Promotion is valid till 30 September 2019. To qualify, you need to be a new to bank (NTB) customer of at least 21 years of age and before 30 September 2019 open at least one S$ Current/Cheque/Savings account. Further, within 3 months of opening this account you must (A) establish a Priority Banking or Priority Private relationship as a primary account holder and place and maintain minimum S$200,000 or S$1,500,000 (or foreign currency equivalent) in case of Priority Banking and Priority Private relationship respectively, of Fresh Funds in the form of Eligible Deposits and/or Eligible Investments (B) complete a Financial Needs Analysis (FNA) and also (C) have a KrisFlyer account with Singapore Airlines Limited. Please refer to the Priority Banking & Priority Private KrisFlyer Miles Sign-Up Promotion Terms and Conditions at sc.com/sg/priority-tnc for full T&Cs. Deposit Insurance Scheme: Insured up to S$75,000 by SDIC. 2 The ‘Invest and be rewarded’ KrisFlyer Miles Promotion is valid till 30 September 2019. Receive 10,000 KrisFlyer miles for every S$100,000 (or its equivalent in foreign currencies) of Eligible Unit Trust purchased with Fresh Funds in a single day, subject to a cap of 150,000 KrisFlyer miles per Qualifying Ttransaction. Please visit sc.com/sg/investpromo19/ for the definitions of “Eligible Unit Trust” and “Fresh Funds”, exclusions and full T&Cs that apply. 3 The ‘Insure and be rewarded’ KrisFlyer mMiles Promotion is valid till 30 September 2019. Purchase an Eligible Insurance Policy with minimum monthly premiums of S$3,000 (or its equivalent in foreign currencies) to receive 100,000 KrisFlyer miles. Please visit sc.com/sg/insurepromo19/ for the definition of “Eligible Insurance Policy”, exclusions and full T&Cs that apply. IMPORTANT DISCLAIMERS: This advertisement is being distributed for general information only and it does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy. It has not been prepared for any particular person or class of persons and it has been prepared without regards to the specific investment or insurance objectives, financial situation or particular needs of any person. You should seek advice from a licensed or an exempt financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase the product.  In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you. Insurance: Buying an insurance policy is a long-term commitment. An early termination of the policy usually involves high cost and the surrender value payable (if any) may be less than the total premiums paid. The contents of this advertisement do not constitute a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy. All insurance products described in this advertisement are products of and underwritten by Prudential Assurance Company Singapore (Pte) Limited (“Prudential”) and not Standard Chartered Bank (Singapore) Limited (the “Bank”). The Bank shall not be liable in any manner whatsoever regarding your application or the contract of insurance. In facilitating insurance arrangements or in referring customers to Prudential, the Bank is acting in alliance with Prudential and not as an agent for customers.  Protected up to specified limits by SDIC.Investment Products:Investment products are not deposits and do not qualify as an insured deposit under the SDIC and Policy Owners’ Protection Schemes Act 2012, Rev. Ed.

This article has not been reviewed by the Monetary Authority of Singapore.

 

Rebecca Bisset

Heading up Expat Living, Rebecca started off in photography and video. A bit of a nomad before Singapore, she likes to travel when she can but she finds looking at properties as exciting! One day she's going to build her own house...

Get the latest events, stories and special offers
sent to your inbox.

By signing up, you'll receive our weekly newsletters and offers, which you can unsubscribe to anytime.

Categories: Uncategorized

Primary Sidebar

  • Competitions
  • Noticeboard
  • Subscribe
  • About
  • advertise
  • Contact
  • Privacy

© 2022 Expat Living Singapore, All Rights Reserved.