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SCB Cathay MasterCard discussion
Originally Posted by CXYYZ
(Post 33380237)
Standard Chartered has loaded a new (currently blank) page to their website that seems to be for a new "Cathay" brand credit card.
https://www.sc.com/hk/credit-cards/cathay/ |
Application for SCB Asia Miles card has been closed:
https://www.sc.com/hk/credit-cards/asiamiles/ And it seems that there are three tiers of the new CX credit card. https://cimg8.ibsrv.net/gimg/www.fly...b609a085e3.png |
So the new Cathay card is linked to the tier of relationship you have with Standard Chartered too? I assumed "more closely reflects your status" means it links to your MPC status...
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Originally Posted by oliver_dvs
(Post 33384106)
I sincerely hope they won’t link the card’s tier to your account’s tier.
I mean do they expect people randomly dropping 8M HKD opening new private client level accounts just for the damn card? |
Originally Posted by CX HK
(Post 33384121)
If it came with permanent MPC Gold membership or something along those lines, it's possible.
Not permanent - perhaps so long as you remain a Priority Private Client. BTW, what is the difference between Priority Private Client and a SCB Private Client? The former is a private client in Hong Kong and the latter in Singapore? |
Originally Posted by CX748
(Post 33384150)
Broadly, Standard Chartered's Priority Private is equivalent to HSBC Jade. Both a half-way house between purist private banking and Premier/Priority, and both need USD 1m ish in total relationship balance.
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Standard Chartered have now removed the "Cathay" reference from their service charge document, and the Asia Miles card shows up once more.
Maybe it slipped out a little too early... |
Originally Posted by Reply1984
(Post 33383984)
And it seems that there are three tiers of the new CX credit card.
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FYI, the co-branded Cathay card launch is "imminent".
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Originally Posted by djsflynn
(Post 33387140)
FYI, the co-branded Cathay card launch is "imminent".
1) Something like Citi HK, with (roughly) vanilla SCB Asia Miles equating to Premiermiles (so HK$6/AM local HK$4/AM overseas), Priority Banking equating to Prestige World Elite MC (maybe HK$5/AM local, HK$3/AM overseas after meeting some level of threshold spend, and/or some form of relationship bonus), Priority Private Bankng equating to Ultimate ($4/AM local, and maybe some Club Points as well?) 2) Or they throw in some cake vouchers after meeting certain spending thresholds. 3) Or they simply add a wordmark “Priority Banking” “Priority Private Banking” on the top left hand corner of the card similar to when they rolled out 360rewards. Same card stock for all banking tiers. Because Air and Slide Cheap Bank: should’ve seen it coming - a match made in heaven. |
Originally Posted by Reply1984
(Post 33381488)
With every dollar you spend, you’ll earn Asia Miles to use for your next flight – and to unlock exclusive travel and lifestyle privileges. And for the first time, you’ll earn Marco Polo Club club points without flying.
* I see an opportunity for Oriental Watch/Chow Tai Fook to move some precious metal Rolexes in exchange for Club Points. |
Originally Posted by percysmith
(Post 33387663)
Great. Looking forward to trading iPhones/milk powder/steel sports Rolexes*/Chanel handbags into GO/DM.
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https://cimg6.ibsrv.net/gimg/www.fly...f0f36f33e2.png
So my regular Asia Miles MasterCard has changed to this in the SCB app... |
That's the one, "Cathay" hero brand now taking pride of place in what is unmistakably a Cathay card!
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