How to qualify for tiering points

The more Standard Bank products and services you use, the higher your rewards tier will be and the more rewards points you will collect from your qualifying purchases.

Refer to the table below to see how many tiering points you qualify for, based on the Standard Bank personal products and services you already use.


Type

Rule

Frequency / Value

Monthly Tiering Points

Digital

1a. Use the Standard Bank app, Internet and/or cellphone banking for customer-initiated transactions (excluding qualifying* prepaid transactions)

Minimum 4 times a month

25

 

1b. Use the Standard Bank app, Internet banking, cellphone banking and/or the ATM for prepaid transactions

Minimum 4 times a month

25

 

2. Make a payment using your Standard Bank Personal Credit, Debit or Cheque Card on SnapScan

1 transaction(s) per month

50

 

3. Link, activate and access the UCount tile on your Standard Bank app dashboard. The UCount tile has to be accessed monthly in order to receive Tiering Points.

Monthly

25

 

Marketing & Comms

4. Receive all your personal Current account statements via email

Monthly

25

 

5. Give us consent to send you internal marketing material

Monthly

100

 

6. Update your UCount profile (this includes updating all three of the following: your Cellphone number, email and a survey question) on the UCount website or UCount Contact Centre

Once in 3 months

25

 

Savings & Investments

7a. Hold a qualifying* Fixed Term Savings account and keep an average monthly balance of R25 000 or more

Investment term of 3 months or more

100

7b. Hold other qualifying* Savings and/or investment accounts and keep an average monthly balance across all products (demand)

Average monthly balance:
R5 000 – R9 999.99
OR
R10k – R49 999.99
OR
R50 000 – R99 999.99
OR
R100 000 or more
Tiering points collected from this rule are capped at 200 per month.

 

25

50

100

125

Transactional

8. Hold a transactional Current account for a minimum number of years

Current account tenure:
1-9 years
OR
10 years or more

 

50

100

 

9. Keep an average monthly balance in your Current account

Average monthly balance:
R10 000 – R24 999.99
OR
R25 000 or more

 

50

 

100

 

10. Meet the minimum monthly deposit1 amount into your transactional Current account

Monthly deposit:
R5 000 – R19 999.99
OR
R20 000 – R49 999.99
OR
R50 000 or more
Tiering points collected from this rule are capped at 100 per month.

 

25

50

 

75

 

11. Set up Debit Orders to pay your bills from your transactional Current account

Monthly Debit orders:
3-6
OR
7 or more

 

25

50

Lending

12. Hold an active** Standard Bank Home Loan

Limited to one Home Loan per month

50

 

13. Hold an active** Standard Bank Vehicle and Asset Finance agreement (with debit order attached)

Highest active deal number Number of Vehicle and AssetFinance Agreements youhave had with Standard Bankprovided the latest one is anactive deal.
Tiering points collected from this rule are capped at 200 per month.

  • 1 deal = 50 points
  • 2 deals = 75 points
  • 3 deals = 100 points
  • 4 deals = 125 points
  • 5 deals = 150 points
  • 6 deals = 175 points
  • 7 and above deals = 200 points

14a. Have an active** qualifying* Standard Bank Revolving Credit Plan (with debit order attached)

Utilize:
1-84%
or
85% or more
of your Revolving Credit Plan facility limit

50

 

75

14b. Have an active** qualifying* Standard Bank Access Loan, Personal Loan or Medium Term Loan (with debit order attached).
Tiering points collected from this rule are capped at 200 per month.

For each product per month

75

Risk & Wealth

15. Hold an Online Share Trading account and trade (Equities / CFD initial margin) with a cumulative minimum monthly equity trade/CFD initial margin trade value as set out in the next column. The account must be FICA compliant and have a credit balance

Monthly trade value:
R0- R24 999
OR
R25 000 – R49 999.99
OR
R50 000 – R99 999.99
OR
R100 000 or more
Tiering points collected from this rule are capped at 100 per month.

 

25

 

50

75

 

100

16. Hold a qualifying* Standard Bank Insurance policy

a. Hold the following qualifying Standard Bank Insurance policy: Standard Bank Prestige Warranty, Standard Bank Standard Warranty, Innovation Prestige Warranty, Innovation Standard Warranty, Upfront Warranty (Prestige and Standard) , Standard Bank Unity Hospital Cash Plan, Standard Bank Legal Assist Plan, Vehicle Asset and Finance Protection Plan (Credit Life – Motor Finance), Standard Bank Accident Protection Plan

 

b. Hold the following qualifying Standard Bank Insurance policy: Credit Card Protection Plan, BlueBean Credit Card Protection Plan, Home Loan Protection Plan, Personal Loan Protection Plan, Home Owners Comprehensive, Stansure, Standard Bank Funeral Plan
Tiering points collected from this rule are capped at 200 per month.

a. For each product per month = 25 points

 

 

 

b. For each product per month = 50 points

17. Buy foreign currency from us using your transactional Current account (including Shyft)

R7 500 or more in 12 months

50

 

18. Draft a Will through Standard Bank, nominate us as the Executors and allow us to keep the original will in safe custody.

Monthly

25

Note: The qualifying criteria shown for Tier 5 does not apply to Wealth and Investment World, World Elite and World Elite Metal MasterCard credit card clients. Please refer all queries to your Relationship Manager.

1 Inter-account transfers are excluded. 2 Only loan accounts with debit balances qualify to collect tiering points 3 Click here to view the list of qualifying products


x Click here to view the list of qualifying products

xx Only loan accounts with debit balances qualify to collect tiering points

XXX Inter-account transfers are excluded.