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 prepaid transactions)

Minimum 4 times a month

25

 

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

Minimum 4 times a month

25

 

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

Minimum 1 transaction a month

50

 

3. Link, activate and access the UCount Rewards tile on your Standard Bank app dashboard. The UCount Rewards 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 Rewards profile (this includes updating all three of the following: your preferred Cellphone number, preferred email and a survey question) on the UCount Rewards website.

Once in a rolling 3 month period.

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
R10 000 – R49 999.99
OR
R50 000 – R99 999.99
OR
R100 000 or more


25

50

100

125

Tiering points collected from this rule are capped at 200 per month.

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 deposit*** amount into your transactional Current account

Monthly deposit:
R5 000 – R19 999.99
OR
R20 000 – R49 999.99
OR
R50 000 or more


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 (which is paid by debit order)

Highest active deal Number of Vehicle and Asset Finance Agreements you have had with Standard Bank provided the latest one is an active deal

  • If you are on deal 1 = 50 points
  • If you are on deal 2 = 75 points
  • If you are on deal 3 = 100 points
  • If you are on deal 4 = 125 points
  • If you are on deal 5 = 150 points
  • If you are on deal 6 = 175 points
  • If you are on 7 deals or more = 200 points
Tiering points collected from this rule are capped at 200 per month.

14a. Have an active** qualifying* Standard Bank Revolving Credit Plan (which is paid by debit order)

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 (which is paid by debit order).

For each product per month

75

Tiering points collected from this rule are capped at 200 per month.

Risk & Wealth

15. Hold an Online Share Trading account and make cumulative monthly trades (Equities / Contract For Difference (CFD) initial margin).

Monthly trade value:
R0- R24 999
OR
R25 000 – R49 999.99
OR
R50 000 – R99 999.99
OR
R100 000 or more


25

50

75

100

Tiering points collected from this rule are capped at 100 per month.

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

a. For each product per month = 25 points

 

 

 

 

 

 


b. For each product per month = 50 points

Tiering points collected from this rule are capped at 200 per month.

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

R 7 500 or more in a rolling 12 month period

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.


* Click here to view the list of qualifying products

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

*** Inter-account transfers are excluded.