SCB 360° Rewards Points Booster Promotion

It's 1st April and SCB has finally announced its promotion for all customers after it revised all the benefits on its credit card, the 360° Rewards Points Booster Promotion. from 1st April 2013 until 31st May 2013.

You can earn 5X points on local retail spends when you spend with you SCB Credit Card. Then you can convert the 360° Rewards Points into AirAsia BIG Points and redeem flights for your vacation. However, transactions made at petrol stations, transactions for insurance premiums and bill payments will not earn any points.

The number of points that can be earned on all credit cards will be capped at 5x of your combined credit card limit for each statement cycle during the promotion. During non promotion period, the number of points that can be earned on all credit cards will be capped at your combined credit card limit.

The table below shows how points are earned under this promotion:

Card Type	1 April 13 ~ 31 May 13		1 June 13 Onward
	Overseas	Local	Overseas	Local
Classic	1x	5x	1x	1x
Business Gold / Gold	1x	5x	1x	1x
Biz Platinum / Platinum	3x	5x	3x	1x
Preferred World Master	1x	5x	1x	1x
Visa Infinite/ Priority Banking Visa Infinite	5x	5x	5x	1x

In my opinion, this promotion is not really attractive for the 3 main reasons:

1. Promotion period for 5x point is too short, only 2 months.
2. SCB has revised the points for its reward system since 2013.
3. Too many restrictions on earning reward points.