The Standard Chartered Visa Infinite card has extended its sign-up bonus of 50,000 miles until December 31, 2025. This offer is available to both new and existing Standard Chartered cardholders. To receive the bonus miles, cardholders must pay the first year’s annual fee of S$599.50 and spend at least S$2,000 within 60 days of approval. The bonus miles are awarded on top of the card’s regular earn rates, which range from 1-3 mpd for local and foreign currency transactions.
The cost per mile for this offer is approximately 1.2 cents, which is considered attractive by market standards. However, it’s worth noting that Standard Chartered’s list of transfer partners has been significantly reduced, with only KrisFlyer and Asia Miles remaining. The card’s other benefits, such as six complimentary Priority Pass lounge visits per year, are also relatively mediocre considering the annual fee of almost S$600.
Cardholders can earn a total of 52,000 to 56,000 miles, depending on how their S$2,000 spend is distributed. The bonus miles are credited in the form of 360° Rewards Points, which can be transferred to partner airlines at a conversion ratio of 25,000:10,000 for Tier 1 cards and 34,500:10,000 for Tier 2 cards. Transfers cost S$27.25 each, regardless of the number of points transferred.
While this offer may be a good opportunity for those who have been considering the StanChart Visa Infinite, the card’s overall features and benefits are underwhelming. The earn rates are competitive, but only for those who spend at least S$2,000 in a statement month. Otherwise, the earn rate is a relatively low 1 mpd for both local and foreign currency transactions.
In conclusion, the StanChart Visa Infinite’s 50,000 miles welcome offer is a good deal for those who want to accumulate miles at an attractive rate. However, the card’s other features and benefits are not impressive, and cardholders may want to consider holding the card for no more than a year before switching to a more compelling option. It’s also worth noting that new customers may want to consider applying for the StanChart Simply Cash Card first, which offers S$350 cash with a minimum spend of S$800 in 30 days, and then applying for the StanChart Visa Infinite as an existing customer to enjoy the 50,000 bonus miles.