Standard Chartered SingPost Co-brand Credit Card offers first-in-market Online Price Guarantee and 7% CashBack for online purchase

Standard Chartered SingPost Co-brand Credit Card offersfirst-in-market Online Price Guarantee and7% CashBack for online purchases

Enhanced card features give online shoppers peace of mind

5 February 2015, Singapore – Standard Chartered Bank (Singapore) Limited (the Bank) and SingPost today announced new enhancements to the Standard Chartered SingPost Platinum Visa Credit Card to meet the growing appetite for online shopping and give customers peace of mind during the entire process of shopping online.

Launched in 2012 as SingPost’s first co-brand credit card, it was specially designed to cater to the needs of online and supermarket shoppers. The refreshed SingPost Platinum Visa Credit Card is the best online shopping card in Singapore. It is the first in the market to provide an “Online Price Guarantee” 1 whereby the Bank is committed to refund 50% of the price difference should the Cardholder find a better deal online after purchase. In addition, it offers 7% Cashback on online purchases2 (the highest CashBack for online purchases in Singapore), and cardholders enjoy free vCare insurance worth up to US$2503 when they pay for their vPost shipments. On top of this, the Bank also offers “Card Safe Guarantee” to protect Cardholders from fraudulent and unauthorised transactions.

According to the Bank’s research on its customers’ spending patterns, 30% of total card spend is on online transactions and around a quarter at supermarkets. Research4 shows that online shopping in Singapore is expected to hit the S$4.4 billion mark in 2015 from S$1.4 billion in 2011. Therefore, the Bank boosted the card’s features and offerings to reward and cater to customers’ increasing appetite for online shopping, at the same time, ensure that at each step of the way, customers’ purchases and transactions are safe and secure.


See Also