Using the Standard Chartered referral code 8B92B at sign-up link unlocks up to S$168 cashback on a Bonus$aver Account, plus welcome gifts worth up to S$710 if you also apply for an eligible credit card.
What is Standard Chartered and Why Use It
Standard Chartered Bank (Singapore) Limited is one of the longest-running banks in Singapore, with a full retail line-up: deposit accounts, credit cards, mortgages, personal loans, unit trusts, online trading, and insurance. It’s regulated by the Monetary Authority of Singapore (MAS) and deposits are protected under the Singapore Deposit Insurance Scheme up to S$100,000 per depositor.
The bank’s headline products for new sign-ups are:
- Bonus$aver Account — up to 5.85% p.a. interest when you hit salary credit, card spend, bill payment, and investment criteria
- Smart, Simply Cash, Journey, Visa Infinite, and Beyond credit cards — covering cashback, miles, and premium travel use cases
- SC Online Trading — brokerage from 0.18%, access to 14 global exchanges
- CashOne Personal Loan — from 1.00% p.a. (EIR from 1.94%)
Standard Chartered Referral Code
Here’s exactly what code 8B92B unlocks for you as a new customer in Singapore, based on the official SC Referral Club Rewards Programme:
| Product you sign up for | What you receive |
|---|---|
| Bonus$aver Account | Up to S$168 cashback with S$50,000 fresh funds deposit |
| Smart Credit Card | 25″ Samsonite luggage + S$100 cashback (spend S$800 in 60 days) |
| Simply Cash Credit Card | 25″ Samsonite luggage + S$100 cashback (spend S$800 in 60 days) |
| Journey Credit Card | 30,000 Welcome Miles (spend S$800 in 60 days) |
| Visa Infinite Credit Card | 50,000 Welcome Miles (spend S$2,000 in 60 days) |
| Beyond Credit Card | 100,000 Welcome Miles (spend S$20,000 in 90 days) |
| SC Online Trading | S$0 custody fees on shareholdings |
If you stack a Bonus$aver Account with a Simply Cash Credit Card, you’re looking at up to S$268 in cashback plus a Samsonite luggage — one of the more generous new-user bundles in the local banking scene right now.
How to Use the Standard Chartered Referral Code (Step-by-Step)
The application is fully digital via Singpass MyInfo, so most people finish it in under 15 minutes.
- Go to
sc.com/sg/promotions/referral-signup/ - Choose your product. Pick the deposit account, credit card, or trading account you want. You can apply for an account + credit card combo in a single flow.
- Enter the 5-character referral code: 8B92B. This is the only field that links the application to the bonus. If you miss it, the bonus does not back-credit.
- Verify with Singpass MyInfo. This auto-fills your NRIC, address, employment, and income details. Have a recent payslip or NOA handy in case manual upload is needed.
- Submit and wait for approval. Deposit account approvals are often instant. Credit card approvals typically take 1–5 working days.
- Complete the qualifying action.
- Bonus$aver: deposit fresh funds (up to S$50,000 for the full S$168)
- Credit cards: hit the minimum spend within 60 or 90 days
- SC Online Trading: complete one ‘buy’ transaction within 30 days
- Receive your bonus. Cashback and miles are credited within 60 days of approval or of the qualifying action being completed.
Eligibility & Terms You Should Know
The biggest reason people miss out on this bonus isn’t the code — it’s not realising they’re ineligible. Read this section carefully before applying.
Who can use the code
- You must be new to Standard Chartered. If you’ve held an SC deposit account or principal credit card in the past 12 months, you don’t qualify.
- For credit cards: you must be 21–65 years old and meet the income criteria (typically S$30,000 p.a. for Singaporeans/PRs, S$60,000 for foreigners).
- For Bonus$aver debit-only: minimum age 18.
- For SC Online Trading: you must not have held an SC Online Trading main account in the last 12 months.
Common gotchas
- The code must be entered at the point of application. You can’t add it later, and customer service generally cannot back-credit a missed code.
- Apply only via the official referral sign-up URL — applications submitted via the regular product pages may not count, even if you enter the code.
- For the Bonus$aver S$168 reward, fresh funds means money transferred in from outside Standard Chartered. Internal transfers don’t qualify.
- Credit card welcome gifts require minimum spend within a fixed window (usually 60 days from approval). Missing the deadline forfeits the gift entirely.
- Annual fees apply to Journey, Visa Infinite, and Beyond. Check the fee waiver terms before applying.
Promo validity
The current SC Referral Club promotion period runs from 1 April 2026 to 30 June 2026. The referral code 8B92B itself does not expire, but the underlying product reward structure refreshes each quarter — always check the official terms on the day you apply.
Is the Standard Chartered Referral Bonus Worth It?
If you were planning to open a Singapore bank account anyway, yes — there’s no downside to using a referral code over a cold sign-up. You get the same product, same fees, same protection under the Singapore Deposit Insurance Scheme, plus extra cashback.
Where it makes the most sense:
- You want a high-yield savings account and can park S$50,000+ to chase the 5.85% p.a. Bonus$aver ceiling
- You’re hunting for a strong credit card welcome bonus — the Samsonite luggage + S$100 combo for hitting just S$800 spend is one of the better low-bar offers
- You want to start trading global equities and value $0 custody fees
Where it’s less compelling:
- You only want a no-frills savings account with no minimum balance — a digital bank like Trust or GXS may suit you better
- You can’t hit the minimum spend or fresh funds deposit comfortably — chasing a bonus by overspending is never worth it
For most working adults in Singapore who don’t already bank with SC, the maths is favourable.
How to Share Your Own Standard Chartered Referral Code
Once your account is open, you can generate your own referral code and earn cashback when friends sign up.
- Open the SC Mobile app (iOS or Android)
- Go to the Refer A Friend section under Promotions
- Generate your unique 5-character code
- Share it via WhatsApp, Telegram, or social media
As the referrer, you earn S$80 cashback per successful referral on a Bonus$aver or eligible credit card, plus 20,000 miles or S$200 cashback per Beyond Credit Card sign-up, plus S$50 per SC Online Trading referral. There’s no cap on the number of referrals, making this one of the more lucrative bank referral schemes locally.
FAQ
How long does the Standard Chartered bonus take to credit?
Up to 60 days from the date of product approval or, for Online Trading and credit cards, from the date you complete the qualifying action (one ‘buy’ transaction or hitting minimum spend). Cashback appears in your Bonus$aver or credit card account.
Can I use the referral code if I already have a Standard Chartered account?
No. The Refer A Friend programme is strictly for new-to-bank customers. You must not have held an SC deposit account or principal credit card in the past 12 months. If you closed an old SC card 6 months ago, you’ll need to wait the full 12-month period.
Do I need to spend on a credit card to get the cashback?
For credit card welcome gifts: yes, you need to hit the minimum spend (S800 for Smart/Simply Cash/Journey, S$2,000 for Visa Infinite, S$20,000 for Beyond) within the qualifying window. For the Bonus aver deposit bonus alone, no card spend is required.
What if I forget to enter the referral code at sign-up?
Unfortunately, Standard Chartered does not back-credit referral bonuses. The code 8B92B must be entered in the referral code field during your application. If you submitted without it, the only option is to wait 12 months and reapply as a new customer.
Is Standard Chartered safe to use in Singapore?
Yes. Standard Chartered Bank (Singapore) Limited is licensed and regulated by MAS, and Singapore-dollar deposits are insured up to S$100,000 per depositor under the Singapore Deposit Insurance Scheme. It’s been operating in Singapore since 1859.
