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Infinity Standard Chartered Card
TERMS & CONDITIONS

General Card terms

1.	These terms and conditions apply only to Infinity Standard Chartered Card credit card holders("Cardholders").
2.	Annual Fees shall not be charged to the Infinity Standard Chartered Card ("Card") as long as the Cardholder remains an Infinity subscriber. However, Standard Chartered Bank ("Bank") reserves the right to impose annual fee charges upon proper notice to the Cardholder.
3.	By signing the Card application form, or otherwise signing on or using the Card, the Cardholder expressly agrees to all Terms and Conditions herein ("Terms") and acknowledges that the Bank's determination of eligibility to, and computation of, Cardholder entitlement to Cash Rebates is final and binding.
4.	The Bank may amend or modify any of these Terms upon notice to the Cardholder.
5.	Unless manifestly inconsistent with these Terms (in which event these Terms shall prevail), the terms and conditions governing Standard Chartered Bank credit cards shall apply to the Cards.

Infinity Rewards Terms and Conditions

1. Definitions

a.	"Infinity Rewards Program" refers to the loyalty program extended to Cardholders.
b.	"Cash Rebates" means pesos earned by Cardholders through transactions completed on their Card, subject to the terms and conditions herein. Each Cash Rebate is equivalent to Php1.00.
c.	"Account" means the Cardholder's Card account with the Bank.
d.	"Supplementary Cardholder" means the person to whom an additional Card is issued under the Cardholder's account, upon instructions from the Cardholder.
e.	"EZ Bills" refers to the Bank's automated payment facility wherein the Cardholder enrolls customer accounts for periodic settlement of utility bills/charges/statements of account through his/her Card.
f.	"Acquiring Bank" means the bank providing the MasterCard credit card terminal to the relevant establishment. Standard Chartered Bank is not an Acquiring Bank.
g.	"Merchant Category" means the classification of each merchant establishment by the Acquiring Bank based on the nature of merchant's business, using definitions given by MasterCard in its Merchant Data Standards Manual. The Acquiring Bank assigns a specific Merchant Category Code to each establishment.
h.	"Eligible Transaction" means any retail, non-installment transaction successfully charged to the Card; provided the same is not disputed, requested for reversal, nor determined to have been erroneously or fraudulently completed.

2. Eligibility and Participation

a.	Infinity Rewards Program is open to all Cardholders of good standing as determined by the Bank, including cardholders of newly issued and activated Cards.
b.	The Bank reserves the right to temporarily or permanently disqualify any Cardholder from further participation in the Infinity Rewards Program if, in the Bank’s judgment, that Cardholder has violated any of the Terms or any of the applicable terms and conditions governing the issuance and use of Standard Chartered Bank credit cards. Disqualification may result in both cancellation of Cardholder’s right to privileges under the Infinity Rewards Program and the forfeiture of all earned and accumulated Cash Rebates.
c.	Any determination by the Bank of fraud or improper use attendant or incidental to a transaction or other use of the Card, or relating to the earning or redemption of Cash Rebates, may result in forfeiture of accumulated Cash Rebates as well as cancellation of the Cardholder's Cards.
d.	All questions or disputes regarding eligibility for, or redemption of, Cash Rebates shall be resolved by the Bank at its sole discretion.

3. Accumulation of Cash Rebates

Cardholders shall earn 0.5% Cash Rebates for all completed Eligible Transactions. In addition to the 0.5% Cash Rebates, principal Cardholders shall earn further Cash Rebates for the following transactions:

4.5% Cash Rebates eligible for credit to their Card account, up to a maximum of P15,000 worth of Eligible Transactions made at restaurant/dining establishments under the following merchant category codes: 5812, 5813, 5814, per month.

These are merchants with the following descriptions:

Eating Places/Restaurants: Merchants who prepare food and drinks for immediate consumption, typically within the merchant’s premises. These merchants may provide table service by a waiter or waitress.
Bars/Taverns/Lounges/Discos: Merchants who sell alcoholic beverages, such as wine, beer, ale, mixed drinks and other spirits and beverages for consumption within the premises.
Fast Food Restaurants: Merchants who sell prepared food and beverages for immediate consumption either within the premises or packaged for take-away.

ii.

4.5% Cash Rebates eligible for credit to their card account, up to a maximum of P10,000 worth of Smart Infinity mobile phone bills charged to the Card’s EZ Bills, per month.

Transactions exceeding the maximum limits indicated above shall continue earning 0.5% Cash Rebates.

Cash Rebates are earned on a per transaction basis and shall be rounded off to the nearest peso, excluding decimal values.

Transactions not eligible for Cash Rebates include but are not limited to, installment, balance transfer, cash advance, cash advance fee, overlimit fee, card replacement fee, sales retrieval fee, annual membership fee, finance charges, late payment charges, interest charges, and government charges.

Cash Rebates earned on the principal and all supplementary Cards shall be consolidated. The accumulated Cash Rebates shall be indicated on the principal Cardholder’s monthly billing statement while the Card account remains open and current.

Existing Standard Chartered Bank cardholders who avail of the Card as an add-on card shall be eligible for the respective distinct rewards programs corresponding to the card type owned.

Existing Standard Chartered Bank cardholders who convert their existing cards to a Card may request conversion of their outstanding Bonus Points or Cash Rewards to Cash Rebates at the applicable conversion rate.

Cash Rebates shall expire at the end of every 24th month from the corresponding approval or renewal month of the Card. At the end of each 24th month, the Cardholder’s total Cash Rebates regardless of date it was earned shall be reset to zero.

The Bank may make proper adjustments to Cash Rebates earned without need of prior notice to or consent of the Cardholder in the event of any improper credit(s) to the Account, including but not limited to those arising from returned purchases, charged back transactions and disputed or unauthorized/fraudulent transactions.

The Bank may amend, modify, or eliminate the earning of Cash Rebates on the Card upon proper notice to the Cardholder.

4. Cash Rebates Redemption

a.	Only principal Cardholders whose Accounts are active, valid and in good standing, as determined by the Bank, shall be eligible to redeem their Cash Rebates.
b.	Cardholders may redeem their accumulated Cash Rebates, subject to a minimum redemption amount of Php500.
c.	Only the Cardholder’s accumulated Cash Rebates reflected in the Bank’s system may be redeemed by the Cardholder. Cardholders may call the Bank’s Contact Centre at 830-1111 to inquire about their earned Cash Rebates.
d.	To redeem Cash Rebates as cash credits, Cardholder may call the Bank’s Contact Centre at 830-1111, subject to the minimum redemption amount.
e.	Redeemed Cash Rebates shall be credited to the Cardholder’s Account as cash credits on the next billing statement.
f.	Cash Rebates are not eligible for redemption after closure of an Account, whether voluntary or involuntary. However, a Cardholder voluntarily cancelling a Card may be allowed to redeem available Cash Rebates as cash credits, subject to the minimum redemption amount of Php500. Any remaining unredeemed Cash Rebates shall be forfeited.
g.	Cardholder who voluntarily cancel their Cards, but choose to retain another Standard Chartered credit card may convert their earned Cash Rebates to Bonus Points, Platinum Cash Rewards or Nokia Cash Rebates as applicable, subject to the minimum redemption amount of Php500 and at the applicable conversion rate.
h.	Cash Rebates are non-transferable and may not be converted to cash.
i.	Once a valid redemption request has been made, a Cardholder may not cancel, revoke or modify the request.

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