Founded in the year 1969, Standard Chartered PLC has its headquarters in London. Standard Chartered is a multinational banking and finance company that has its presence in more than 70 countries across the globe. This is a universal bank which means that a wide variety of products and services is provided by the bank such as, investment as well as commercial services. As part of its banking portfolio, Standard Chartered offers it customers numerous investment opportunities, credit cards and loans.
Amongst its various credit card offerings, Standard Chartered provides customers with the Super value Titanium credit card for those who appreciate a good value. This card is meant for those financially savvy individuals who understand the nitty-gritties of economy and wish to save as much as they can. Customers who use the Standard Chartered Super Value Titanium credit card can procure numerous savings offers along with cash back on telephone and fuel bills.
Customers can procure a cashback of 5% on fuel at every petrol pump in India when they use their Standard Chartered Super Value Titanium credit card to pay for the same. They will receive a surcharge reversal of 2.5% and a cashback of 2.5% on transaction amount at all petrol pumps, such as Reliance, HPCL, BPCL and IOC.
Customers can procure a cashback of 5% on all telecom payments including phone bills across every service provider such as, Vodafone, MTNL, Airtel, BSNL, Reliance and TATA Indicomm.
Super Value Titanium credit cardholders can avail a cashback of 5% on every utility bill payment, allowing individuals to save on gas, electricity and water.
In order to be eligible to avail a cashback, the minimum transaction amount that the customer will have to have is Rs.750. For every transaction, the minimum cashback amount that can be procured is Rs.100. Customers can earn a maximum cashback of Rs.500 per month.
Super Value Titanium credit card holders can earn Reward Points on their transactions and exchange these points for a host of wonderful gifts and offers. For every Rs.100 spent on a category other than utility, fuel and telecom, customers can earn 1 Reward Point.
The Standard Chartered Super Value Titanium credit card is accepted throughout the globe in more than 19 million MasterCard and Visa affiliated establishments worldwide with more than 1.1 lakh establishments in Nepal and India.
Customers can share the benefits and security of their Standard Chartered Super Value Titanium credit card with their spouse, siblings, parents or children.
Customers can transfer the outstanding balance from their other credit cards to their Standard Chartered Super Value Titanium credit card and avail reduced rates of interest.
Customers have access, at all times, to 1.5 million ATMs throughout the globe and over 20,000 ATMs across the country.
Customers can use their Standard Chartered Super Value Titanium credit card to buy airline or railway tickets online or at counters.
Customers can now avail the ‘Instabuys’ feature and pay for all their big ticket purchases in easy and convenient instalments.
The monthly interest rate is annualised to arrive at Annualised percentage rate. The monthly rate of interest is 3.1% per month and is annualised to arrive at an annualised percentage rate of 37.20%. This rate is fixed for a period of 3 months from the time of the credit card set up. If the annualised percentage rate is revised, it will be communicated through the monthly statement.
Additional Offers and Perks
The eligibility criteria for procuring a Standard Chartered Super Value Titanium Credit Card is decided based on the applicant’s income and employment, among other factors. Applicants can apply for the Super Value Titanium credit card online or they can call the Standard Chartered Customer Care number. Another option would be to visit one of the Standard Chartered branches.
The main documents required procure a Standard Chartered Super Value Titanium credit card include ID Proof as well as address proof such as Passport, PAN card, Voter ID, among others. Other documents may be requested, based on the bank’s requirements. Applicants can contact the bank for further details regarding the same.
|Annual fee for the 1st year||Rs.499|
|Renewal fee from 2nd year||Rs.750|
|Fee for Add-on card for 1st year||Nil|
|Fee for Add-on card from 2nd year||Nil|
|Late Charge||If payment for 2 months has been consecutively missed, Rs.100 is the fee applicable.|
|Overlimit||A minimum of Rs.500 or 2.5% of the overlimit amount|
|Rewards Redemption Fee||Rs.99|
|Cash Advance Fees - ATM||Rs.300 or 3% of the amount withdrawn, for each transaction. Additional Rs.500 will be charged if the teller facilities at Standard Chartered branches are used.|
|Overseas Transaction||3.5% transaction fee|
|Service tax||15% on Service Charges and this comprises of -
|Surcharge||Railways - 2.5% or Rs.25, whichever is higher Petrol - 2.5% or Rs.10, whichever is higher|
|Cash/Cheque Pickup fee||Rs.100 for overdue card accounts|
The basic documents required are -
Applicable Service Tax is 14% of Service Charges.
The charges applicable for late payment are as follows:
|Amount Due||Fee Applicable|
|0 to Rs.500||Rs.100|
|Rs.501 to Rs.2,000||Rs.350|
|Rs.2,001 to Rs.4,000||Rs.500|
|Rs.4,001 to Rs.20,000||Rs.700|
The minimum amount that is due every month is the higher of the following-
In case customers have an unpaid minimum amount that is due from the previous month, this will also get added to the minimum due amount for the present month.
If the statement balance is below Rs.250 or in case of default, the entire amount that is outstanding will have to be paid. Customers are also advised to pay more than their minimum due amount every month, to prevent financial troubles later on.
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