Standard Chartered ending points transfer feature
Standard Chartered is discontinuing its 360° Rewards Points transfer feature in Singapore, effective July 4, 2026. This change eliminates a unique banking service that allowed cardholders to share points with friends and family.
Why it matters
The removal of this feature marks the end of a rare consumer-friendly banking practice in Singapore, likely due to concerns over point monetization and audit risks.
While most banks have strict rules forbidding the transferring of credit card points, Standard Chartered is a notable exception.
The article provides a straightforward update on banking policy changes with a focus on consumer impact.
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