Standard Chartered Bank Korea deposit product takes interest beyond banking

SC Bank Korea’s miles-paying time deposit targets affluent frequent flyers, but valuation, liquidity and devaluation risks limit mass appeal, writes Bhavya Patel

September 1, 2026

Standard Chartered’s new offering in partnership with Korea Air is a smart differentiator but mainly a niche proposition for frequent flyers rather than a mainstream savings solution, explains Bhavya Patel; image credit: Photo Atrium/shutterstock

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