When it was first launched, the Standard Chartered X card rolled out an incredible offer of 100000 bonus miles with a minimum spend of S$6000 within the first 2 months of card approval.
Within days from this announcement, this sign up promotion was then reduced to 60000 miles for the same minimum eligible spend requirement. This was probably due to the overwhelming response to the original offer, which led to a surge in applications, also to the point that metal cards had to be temporarily replaced with plastic ones in order to ensure the cards get to the customers.
Now, with effect from 1 Jan 2020, the Standard Chartered X card sign up promotion has been reduced to just 30000 miles with no minimum spend required. All you need to do is to ensure that you settle the annual fee as per the T&Cs.
This effectively means that you’ll be paying 2.32 cents per mile, which isn’t exactly good value at all. In fact, the Standard Chartered Visa Infinite card actually gives you 35000 miles for a lower annual fee of S$588.50!
That being said, those that managed to take advantage of the original sign up promotion of the 100000 bonus miles definitely made the most out of the card. It remains to be seen if Standard Chartered will take any steps to ensure that the X card remains competitive in the business of earning miles moving forward.