Standard Chartered Offers Credit Card Cashback For 5 E-Wallets

Alex Cheong Pui Yin

24th February 2021 - 6 min read

Standard Chartered is currently running several promotions that allow its customers to earn cashback for reloads and purchases made on selected e-wallets and apps via the bank’s credit cards. The participating apps include GrabPay, Fave, Lazada Wallet, Boost, and Touch ‘n Go eWallet – each of which comes with its own terms and conditions.

Read on to find out more about the campaign requirements for each e-wallet and app, with deals available for both existing and new cardholders!

GrabPay

Campaign period: Now – 31 December 2021

This GrabPay promo is actually part of an ongoing Grab campaign by Standard Chartered, allowing selected credit cardholders to earn Grab merchant vouchers worth RM10 when they top up their GrabPay e-wallet with a minimum of RM200. While this deal is open to both new and existing Grab users, you need to use one of the following Standard Chartered credit cards to be entitled to the promo:

Priority Banking Visa Infinite
WorldMiles World Mastercard
JustOne Platinum
Visa Platinum
Smart Credit Card
Liverpool FC Cashback

Note that each customer is only entitled to one voucher per month, provided on a first-come first-served basis. Additionally, Standard Chartered has earmarked a total of RM360,000 for this promo, with an allocation of RM30,000 for each campaign month. This equates to 3,000 vouchers up for grabs each month.

FavePay and Fave Deals

Campaign period: Now – 31 December 2021

Open to all Standard Chartered credit cardholders, there are a few FavePay and Fave Deal cashback offers that you can tap into with your cards here:

FavePay: 20% cashback (RM5 cap)

Firstly, there is a FavePay promo that lets you earn 20% cashback when you spend a minimum of RM10 with your Standard Chartered credit card on the e-wallet. Capped at RM5, this means you will be able to earn cashback for transactions of up to RM25.

To tap into this promo, you’ll need to key in a promo code (FAVESCB1). All new and existing Fave customers are allowed to access this promo twice per month, which essentially lets you earn up to a monthly cashback of RM10 in total. That said, the deal is valid only for the first 800 transactions every month, so you’ll have to be quick!

The cashback will be granted upon successful FavePay transactions, and it will be valid only for 30 days from the issuance date.

Fave Deal: 25% cashback (RM5 cap)

There is another promotion that offers 25% cashback for Fave Deal purchases – also capped at RM5. In other words, you will earn cashback for purchases of up to RM20. Make sure to key in the required promo code (FAVESCB2) during your transaction if you wish to earn from this deal; each customer is only entitled to it once per month. Note as well that the promo is provided only for the first 100 transactions every month, available to both new and existing Fave customers.

You can expect the cashback to be credited to you either three days after the purchase of the Fave Deal voucher, or upon the redemption of your Fave Deal voucher. The cashback will have a validity period of 30 days.

FavePay and FaveDeals: 50% cashback (RM5 cap)

Finally, there is a 50% cashback offer – capped at RM5 – that is applicable to both FavePay and Fave Deals when you carry out a minimum transaction of RM10 with your Standard Chartered credit cards. Unlike the other offers, however, this deal is only open to new Fave users. Offered on a first-come first-served basis, only the first 100 transactions each month is entitled to this promo. Make sure to key in the code (FAVESCBNEW) when making your transaction if you want to tap into this deal!

Also, depending on how you access this offer, the time taken for the cashback to be credited to you may differ. If you tap into it via FavePay, the cashback will be granted to you automatically after a successful transaction. Meanwhile, if you use Fave Deals, it will be credited either three days after the purchase of the voucher, or when you redeem the voucher. Similarly, this cashback will also have a validity period of 30 days.

Lazada Wallet

Campaign period: Now – 31 March 2021

The Lazada Wallet promotion allows you to get up to 10% cashback when you top up a minimum of RM150 into the e-wallet with your Standard Chartered credit card. Specifically, this transaction must take place during the weekend.

If you’re a new Lazada user, you’ll be able to earn a cashback of RM15 when you register and save your Standard Chartered card with Lazada Wallet for the first time, as well as top up the required amount. Make sure not to remove the card throughout the promotion period as that will remove your eligibility for this offer! This promo is only provided to the first 50 credit cardholders who qualify during the promotion period.

Meanwhile, existing Lazada users who have saved their Standard Chartered card with Lazada Wallet will be entitled to a cashback of RM10 when they reload RM150 into the e-wallet using the card. Provided on a first-come first-served basis, the offer is valid for the first 100 credit cardholders who meet the requirements throughout the campaign period.

Lastly, note that the cashback earned will be credited to your Lazada Wallet within 21 days from the day the transactions are successfully made, and that it has a validity period of 60 days.

Boost & Touch ‘n Go eWallet

Campaign period: Now – 31 July 2021

Stand a chance to win up to RM45 cashback when you reload a monthly cumulative amount of RM100 on either Boost or Touch ‘n Go eWallet. This campaign is open only to cardholders who have not transacted on the e-wallets with any Standard Chartered credit cards (Visa and Mastercard) between 1 August 2020 to 31 January 2021.

To begin, you can earn RM10 cashback per month when you reload at least RM100 on either Boost or Touch ‘n Go eWallet – with up to a maximum cashback reward of RM30 throughout the entire campaign. Offered on a first-come first-served basis, the RM10 cashback will be awarded to the initial 2,000 qualifying cardholders each month – with an allocation for 1,000 Visa and Mastercard cardholders, respectively.

On top of that, Standard Chartered will also select bonus winners at the end of every campaign month to receive a gift of RM5 cashback. You can earn up to RM15 via these bonus rewards. 1,000 monthly bonus winners (500 Visa and Mastercard cardholders, respectively) will be chosen from the pool of eligible cardholders every month – also on a first-come first-served basis.

All cashback earned will be credited into your credit card account within 12 weeks after the end of each campaign month, and you will receive an SMS notification.

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You can find out more about Standard Chartered’s multiple e-wallet deals on the bank’s website.

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Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

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