Terms and Conditions of the Standard Chartered Super Value Titanium Credit Card

 

1. The Bank will, from time to time, offer Cashback on the “Super Value Titanium” Credit Card where the Card Account is regular and without overdues.
2. "Cashback "means a credit entry , subject to certain limits, executed by the Bank on the Card Account based on Eligible Transactions
3. "Cashback Percentage" means the percentage of the eligible transaction amount that would be given as "Cashback" and is subject to change as per the discretion of the bank. However any such change would be informed to the CardMember through communication of the same in the monthly Card statement at least 30 days before any such change.
4. "Eligible Transaction" means a transaction (not being cash withdrawal, cash advance, loan or any other category of transactions as may be decided from time to time by the Bank at its sole discretion) belonging to “Promoted Category” successfully entered into using the Card and not charged back 
5. The promoted categories and the respective Cashback percentages for the “Super Value” card unless otherwise intimated are: Petrol– 5% Cashback ( inclusive of surcharge), Telecom – 5% Cashback , and other Retail Spend Categories – 1% Cashback
6. The promoted categories defined from time to time shall have the same meaning as ascribed to the categories by Visa, Master Card or American Express under their respective Merchant Category Codes. (ie) The franchisees have listed qualifying criteria for merchant establishments in order to qualify to be listed under a specified category. (like petrol, telecom, travel etc) The merchant establishment needs to have accordingly qualified and hence listed in the “Promoted Category”, in order for the transaction to be eligible for the Cashback.
7. “Promoted Category” means a category of transactions promoted from time to time by and/ or subject to sole discretion of the Bank
8. The Cashback will be subject to a maximum of Rs. 250 per Eligible Transaction, however the total cashback, shall be limited to Rs. 500 per month for; all card(s) owned by the customer inclusive of any supplementary card(s). 
9. Cashback will not be effected if the transaction value is below Rs 200 per transaction for Petrol and Telecom transactions and Rs 1000 per transaction for other categories 
10. In case an Eligible Transaction amount includes a surcharge, the Cashback above (under Clause above) will include the percentage points of such surcharge [Example: Assuming a transaction of purchase of petrol being Eligible Transaction where for the purchase of Rs 1,000 attracts surcharge @2.5% i.e. Rs 25, making the total transaction amount as Rs1,025, the Cashback will only be Rs 50 on the transaction of Rs 1025 ie, surcharge reversal of Rs 25 and 2.5% Cashback on the transaction amount of Rs 1000 totaling to a credit of Rs 50.] 
11. The maximum Cashback and the minimum transaction value to be swiped in order to be eligible for the Cashback mentioned in points g and h above respectively would be subject to change at the discretion of the bank. However any such change would be informed to the CardMember through communication of the same in the monthly Card statement 
12. The Bank will inform the Card Member / Account Holder about the Promoted Categories from time to time by indicating the same on the statement of the Card Account 
13. Complimentary Access to Clipper Lounges is valid till 31^st December 2008
14. CardMembers to note the Super Value Titanium Credit Card does not carry any Reward Points Program. Hence CardMembers would not be receiving any Reward Points under this program.
15. Returned purchases, disputed or unauthorized/fraudulent transactions, finance charges, card account fees and Charged back transactions would not be given a Cashback under this program.
16. Cards swiped on manual machines would not be eligible for the Cashback Offer. 
17. The CardMember and the Account Holder, by signing on the application form for the “Super Value” Card expressly agree that the Bank's decision on eligibility and correctness of the Cashback given to be final and binding