Standard Chartered to launch reward programme

Mumbai, Dec 27 (UNI) India's largest international bank Standard Chartered Bank will launch a reward programme for its savings account customers using electronic banking channels.

Under the programme, the bank will pass back reward points on savings made by the customers using the electronic channels of payments. Customers will be rewarded a point for every single use as per the terms of the proposition, irrespective of the size of their transactions, the bank release said.

The reward points can be exchanged for a cash-back (1 point = Rs 1 ) into the customer's bank account.

The rewards programme will be offered to ''aXcessPlus'' and ''SmartPay'' customers.

The cash-back amount will be credited into customers' bank account on request through phonebanking or email, the release added.

UNI