Extract of email from Standard Chartered dated 10 November 2012:
While we are in the midst of planning to further reward you with even greater benefits in the second quarter of 2013, there is a need to alter our current 360° Rewards programme.
We would like to inform you that the following features will be unavailable as of 2 January 2013.We will be discontinuing the following:0.5% CashBack on all retail transactions (Business Platinum & Business Gold)
Free access to KLIA Plaza Premium Lounge (Business Platinum & Platinum)Complimentary Travel Accident Insurance (Business Platinum, Platinum, Titanium, Business Gold, Gold and Classic)
Complimentary Home/Motoring Assistance (Gold & Classic)
Complimentary Purchase Protection Plan (Business Platinum, Platinum, Titanium, Business Gold, Gold, Priority Banking Visa Infinite and Visa Infinite)
We will also be temporarily making unavailable 360° Reward Points on local and foreign currency spend for all Standard Chartered credit cards, meaning no points will be awarded for credit card spends until further notice.
Received this too... seem cutting more than adding benefits.....