Are you looking for a credit card that offers higher reward points? You can choose from from various different Standard Chartered credit cards that give you reward points or cashback each time you spend. The joining fees for these cards range from Rs.250 to Rs.5,000.
Standard Chartered Bank Credit Cards offer a lot of benefits and features including accelerated rewards, cashback offers, discounts, reward point redemption for air miles, good life programme, easy EMI, and a lot more to benefit the customers from all walks of life.
|Credit Card||Annual Fee||Category|
|Standard Chartered Smart Credit Card||Rs.499||Cashback|
|Standard Chartered DigiSmart Credit Card||Rs.49 (monthly)||Shopping|
|Standard Chartered Manhattan Platinum Credit Card||Rs.999||Cashback|
|Standard Chartered Platinum Rewards Credit Card||Rs.250||Fuel|
Enjoy a range of benefits with Standard Chartered Bank (SCB) credit cards. From cash back to reward points, each card is designed to help you make the most of your expenses.
You must choose a card that rewards you according to your spending habits. Take a look at the different cards compare, and find the ideal one for you.
|Convert your purchases into EMIs||Pay for any purchase above Rs.5,000 in monthly instalments with the Kuch Bhi on EMI facility. Get affordable interest rates, 1% processing fee, tenures of 6 months to 4 years, and no pre-closure charges.|
|Pay off your outstanding balance in instalments||You can repay the outstanding amount on your card in instalments at a rate of 1.49% per month and no processing fee. You can convert outstanding balance of up to Rs.5 lakh into tenures of 6 months to 5 years.|
|Balance transfer to clear outstanding dues||Transfer outstanding balance from other cards to your SCB card and save on interest payments. You can transfer up to Rs.5 lakh at an interest rate of 0.99% per month for the first 6 months.|
|Loan on your card||Get a loan of up to Rs.7.5 lakh on your credit card. These loans come at low interest rates and don't need any documentation.|
|Online and mobile bill payment||Pay your bills on-the-go with online and mobile banking. This way you can ensure that you don't miss the payment due date.|
|Credit Card||Rewards and Offers||Interest Rate|
|Standard Chartered DigiSmart Credit Card||20% discount at Myntra||3.75% per month|
|Standard Chartered Manhattan Platinum Credit Card||3x reward points when you swipe the credit card||3.75% per month|
|Standard Chartered Platinum Rewards Credit Card||5 reward points for every INR 150 spent on dining and fuel||3.75% per month|
|Standard Chartered Smart Credit Card||
||3.75% per month|
|Type of fees||Charges|
|Finance charges (retail interest rate)||3.75% for all cards|
|Minimum amount due each month||5% of the total amount due or Rs.250, whichever is higher|
|Interest fee period||18 to 25 days|
|Finance charge on cash advance||Withdrawal at ATMs - 3% of the amount withdrawn or Rs.300, whichever is higher|
|Cash advance limit||At bank's discretion|
|Late payment fee||
|Cash repayment fee||Rs.299|
|Late fee charges||Rs.100 over and above late payment fee if you don't pay the minimum amount due for 2 or more consecutive months|
|Over-limit charges||2.5% of the amount over the limit (Min. Rs.500)|
|Reward handling charges||Rs.99|
The exact score required to be eligible for a card is based solely at the bank's discretion. However, a score of 700 and above is considered to be good if you want to apply for an SCB card.
Any one of the following:
Aadhaar and any one of the following:
|Salaried individuals||Latest payslip|
If you have a higher-than-usual outstanding balance on a card from another bank, then you can transfer the amount to your SCB Credit card. This will help you save on your interest and repay the amount faster. You can transfer up to Rs.5 lakh to an SCB card at 0.99% per month for the initial 6 months. After 6 months, if the balance is not repaid, then the regular interest rate applicable on Standard Chartered credit cards will be levied.
Credit Card offered by other Banks
You can get a loan on Standard Chartered Bank credit card up to Rs.7.5 lakh. You can avail the loan at a low rate of interest and with minimum documentation. If your application is approved, the amount will be transferred to your account within 2 days.
Listed below are the various methods through which you can pay your Standard Chartered Bank credit card bill.
To ensure quick grievance resolution and smooth customer interaction, the bank offers various Standard Chartered Credit Card Customer Care channels. You can choose from the following options to post your queries to the bank.
With the 360-degree Rewards programme, you can earn reward points with your Standard Chartered credit card on specific spend categories. The points you accumulate can be redeemed for a variety of items such as vouchers, gifts, and air miles.
The bank offers exclusive discounts, deals, and offers to help you make the most of your credit card. Check Standard Chartered Credit Card offers and discounts on travel and dining to cashback on online purchases, you can save more with these promotional offers.
If you wish to close your Standard Chartered credit card, then you must call the client care centre. The helpline is open 24x7. You will be required to clear any outstanding balance before closing the card. Once your account is closed, the card must be returned to the bank, preferably rendered unusable by cutting into two.
If your card has been issued against a deposit, then the bank can use funds from it to clear the dues if you fail to make your payment.
Once you have completed the application process, it usually takes 7 to 15 working days for you to get your card, pending verification and approval. The wait period varies from applicant to applicant and can take more than 15 days as well.
You need to log in to SCB's online banking to request for a new card. If your old card has been stolen or lost, you need to first inform the bank to block it. This will make sure that no fraudulent transactions are carried out using that card.
Yes, only those who are above 21 years of age can apply for a card. You need to have a steady income and a favourable credit report to be eligible as well. The upper age limit for applicants of most cards is 65 years.
Yes, you can request the bank to approve add-on cards that can be used by family members. A percentage of your credit limit will be dedicated as the limit for the add-on cards.
The minimum amount that you must pay each month is Rs.250 or the higher amount of any of the following:
5% of the total outstanding amount which includes your add-on cards.
Total of all EMIs on the card, interest rate, amount used over the limit, other fees and charges, and 1% of the principal amount.
C-38/39 ‘G’ Block
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Mumbai - 400 051
Shoppers across India will rejoice, as the Reserve Bank of India has instructed banks to recheck and reduce the interest rates levied on outstanding credit card balances. This mandate from the RBI is a move to ensure that there is fairness and transparency with respect to credit card finances. Additionally this measure also comes as a respite for credit card customers paying interest rates as high as 42% per annum for failed and late payments. The RBI also issued another directive to banks to put a ‘zero liability’ policy in place for fraud victims, in situations where negligence is not the key reason for fraud.
The Reserve Bank stated that the Indian Bank’s Association will set forth detailed operational guidelines for banks in both regards to make it convenient for banking customers. As far as internet fraud is concerned, RBI said that the bank needs to address the problem faced by a fraud victim and determine whether the fraud happened due to customer negligence. In cases where the bank is unable to do so, then the customer should be given the benefit of doubt and a refund process should be put into place.
Customers can avail 5% cashback at all Lifestyle and Home Centre stores by using their Standard Chartered credit cards. This offer is applicable for bill amounts over Rs.5,000 for spends made during the ‘Off Sale’. Many customers look forward to this sale, held to mark the new year, for the great discounts offered on both fashion and housing products, across brands. The 5% cashback offer is applicable in addition to marked discounts, which can be as much as 50% on some products.
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