The StanChart Beyond Card is a new premium credit card launched by Standard Chartered Bank, which offers a range of benefits and perks. The card has a high annual fee of S$1,635 and is targeted at high-net-worth individuals. The card offers:
* A welcome bonus of up to 100,000 miles
* Up to 8 mpd earn rates on overseas dining
* Complimentary birthday meal at a 1-Michelin Star restaurant
* Complimentary airport lounge access for up to 6 guests
* Complimentary airport limo rides for Priority Banking and Priority Private clients
* Accor Plus Explorer Plus membership for Priority Private clients
* Other generic World Elite Mastercard benefits, such as GHA DISCOVERY Titanium status and travel insurance
However, the card’s benefits and earning potential are dependent on the tier level of the cardholder, which is determined by their Annualised Asset Under Management (AUM).
The top-tier Priority Private clients can earn up to 8 mpd on overseas dining, while lower-tier cardholders earn lower rates. The card also comes with some restrictive conditions, such as the need to purchase certain products or services through the bank to retain certain benefits.
The author of the review is skeptical about the card’s value proposition, especially considering its high annual fee. He notes that the benefits and first-year value proposition are not as strong as other premium credit cards, such as the AMEX Platinum Charge. He advises readers to wait for further analysis and to re-evaluate the card’s value proposition based on their personal financial situation and goals.