Standard Chartered bank's X-card targeting millennials to launch soon

Standard Chartered Bank sneak-peeked the impending launch of its new credit card, the X Card, last week.

Details are skimpy right now but what we know is that for a limited time only, "approved cardholders will be able to enjoy 100,000 miles as a sign-up bonus".

This is the messaging on its website:

"Are you ready to explore the world? Join our waitlist now and be the amongst the first to enjoy the limited-time launch promotion of 100,000 miles."

And also, "Get ready to eXplore new places with our new X card".

From the sounds of it, it travel rewards (in the form of air miles or travel credit/cashback) is going to be high on the list of benefits.

Snooping around the website's waitlist terms and conditions, we also gathered:

  • The waitlist is between 10-21 July, but could also be shortened or extended
  • You can sign up for the waitlist on the website. We did and we received this confirmation waitlist message.

  • Separately, anyone above the age of 21 years old who signs up to join the waitlist at the following establishments will also be entitled to a "free gift"

  • The new card will officially be called Standard Chartered Bank's Visa Infinite X Card.

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Eligibility criteria of Standard Chartered's premium Visa Infinite card stands at an annual income of $150,000, and the card comes with an annual fee of $588.50. We think that the new X Card might be targeted at affluent millennials but possibly with a lower annual income bar.

For now, there's not much else to do except to join the waitlist to register your interest today.

More to follow soon!

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