Standard Chartered Bank Credit Card Fees and Charges

Interest-Free Grace Period for Standard Chartered Bank

The time between the billing cycle end and the payment due date is known as the interest-free period, or grace period. If the full outstanding balance is paid within the due date, then no interest is charged on the purchases. The details about the interest-free period of Standard Chartered Bank credit cards are mentioned below: 

1. Payment Due Date: Falls between 18 and 25 days after the statement date (refer to your card statement for the exact date). 

1. Interest-Free Credit Period: Ranges from 18–48 days to 25–55 days, depending on the payment due date. 

1. Interest Charging: Interest is charged from the transaction date, for cash withdrawals and revolving credit. 

1. Changes: The card issuer reserves the right to revise the interest-free period with prior notice. 

Note: The interest-free period does not apply to cash advances or revolving balances. 

Cash Withdrawal Charges for Standard Chartered Bank

The cash advance facility on credit cards allows cash withdrawals using your credit card, up to a preset limit. This feature comes with higher fees and interest rates, with interest charged immediately and no grace period. 

On ATM withdrawals using Standard Chartered Bank credit card, 3% of cash withdrawal amount is charged (subject to a minimum of Rs.300).

Annual or Renewal fee for Standard Chartered Bank

The annual or renewal fee of Standard Chartered Bank credit cards along with add-on cards are listed in the tables below: 

Credit Card Forex Charges for Standard Chartered Bank

It is an extra charge, usually between 2% and 3.5%, applied by the card issuer on foreign currency transactions. This fee is added to the exchange rate and does not appear as a separate charge. 

All foreign transactions made using Standard Chartered Bank credit card are levied with a 3.5% foreign transaction fee. 

Credit Cash Overlimit Fee for Standard Chartered Bank

Each credit card has a fixed credit limit and using more than 30% of it can negatively impact your credit score. Banks can charge this fee only with your consent; declining it will result in the transaction being declined. 

Standard Chartered Bank charges over-limit fee of Rs.500 per instance or 2.5% of the over-limit amount (a minimum up to Rs.500). 

Credit Card Late Payment Fee for Standard Chartered Bank

Each credit card has a payment due date mentioned in the monthly statement. After the billing cycle ends, you typically get 15 to 20 days to pay the outstanding amount. Missing the due date results in penalty charges from the card issuer. 

The Standard Chartered Bank credit card late payment fees are listed in the table below: 

Additional Condition: 

1. An extra Rs.100 late fee is charged if the Minimum Amount Due is not paid for two or more consecutive months.

Other Credit Card Charges for Standard Chartered Bank

The various other credit card charges applicable on Standard Chartered Bank credit card are listed in the table below: 

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