The headline screams attention, but we all know there is definitely a catch to this.
The 10% cashback has a cap of $50 per spend period and you need to spend a minimum of $2000 per spend period and be the first 5000 Standard Chartered customers per spend period (1-30 Apr or 1-31 May 14) in order to quality.
With a quick calculation, if you spend $3000 using the Manhattan Card with an online expenditure of $500 and the other $2500 on other items, you get $50+ ($3000*3% rebate=$90)=$140, which works out to around 4.67% rebate
Honestly, 4.67% is not that bad, but some of us will recall the days when the Manhattan card provides a 5% rebate for monthly spending of $3000 and above.
If you are planning to buy something more than $500 online during the next month, please follow the following steps:
1. Register online or SMS ESHOP<space>16-digit credit card number to 77222.
2. Be the first 5,000 Cardholders in each spend period (1 to 30 April 2014 or 1 to 31 May 2014) to charge a minimum of $2,000 on any puchases made online and at retail stores
Check out the Standard Chartered Promotion Site here