Standard Chartered Platinum Rewards Credit Card

Standard Chartered Bank is one of the biggest multinational banks in India. Standard Chartered Bank is offering Standard Chartered Platinum Rewards Credit Card. This is a credit card that offers one of the best rewards programs in India.

The tagline for this credit is “Get more out of your spends with the Standard Chartered Platinum Rewards Credit Card”. This post provides detailed information about Standard Chartered Platinum Rewards Card.

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Standard Chartered Platinum Rewards Credit Card

SC Platinum Rewards credit card is a perfect card for salaried people. The card is easily affordable. It comes with plenty of attractive features and saving options. It is a very good alternative for you if you are a frequent shopper.

You can earn 5 reward points for every Rs.150 spent on dining and fuel. Also, there is no monthly cap on the rewards earned. You can accumulate rewards points that can be redeemed against products, vouchers, or services.

Benefits of Standard Chartered Platinum Rewards Card

1. Rewards Points

You will earn 5 reward points for every Rs.150 spent on dining and fuel. There is no monthly cap on the rewards earned. On all other categories, you will earn 1 reward point for every Rs.150 spent.

2. The Good Life Programme

You can enjoy a host of discounts and offers across dining, travel, shopping, and more with the Standard Chartered Good Life programme. Click here for more information.

3. Offers and Discounts

You can also enjoy various offers and discounts across shopping, dining, travel, and more. Click here for more information.

Features of Standard Chartered Platinum Rewards Credit Card

1. You can extend the benefits of your card to your family members by getting them lifetime free supplementary credit cards.

2. You enjoy secure payments and complete freedom from cash when you transact with this contactless card.

3. A secure online transaction using 3D secure OTP verification.

4. Digital payment solutions like Bharat QR Code, Bharat Bill Payment Solution, and Samsung Pay.

5. Check your card balance and make instant card payment via online banking and Standard Chartered Mobile.

6. You can convert your big purchases above Rs. 5000 to easy EMI.

7. Loan up to Rs. 5 lakhs can be availed for a flexible tenure of 12 – 60 months.

8. Transfer your outstanding balance from any other bank credit card to your Standard Chartered credit card.

9. Convert your outstanding amount into monthly installments. The processing fee is zero.

10. Redeem your rewards points against the new online catalogue with the Standard Chartered 360° rewards program.

Fees and Charges

Joining Fee: Rs.250. You will get 100% onetime cashback (up to Rs. 500) on spends at restaurants within the first 90 days.

Renewal Fee: Rs. 250. It will be waived on spending Rs.60,000 in the year.

ATM Withdrawals: A minimum of Rs. 300 or 3% of the cash withdrawal amount.

Over Limit Fees: A minimum of Rs. 500 or 2.5% of the over-limit amount.

Late Payment Charges: Rs.0 for statement outstanding balance less than or equal to Rs.100. Rs.100 for balance between Rs101 and Rs.500. Rs.500 for balance between Rs.501 and Rs.5,000. Rs.700 for balance between Rs.5,001 and Rs.15,000. Rs.800 for balance greater than Rs.15,000.

Rewards Handling Charges: Rs 99 will be charged for handling and courier charges for the redemption of reward points.

Cheque/ Cash Pick up Fee: Rs 100 will be levied for payments collected by authorized representatives for overdue card accounts.

Paper Statement Fee: Rs.99/- per month will be applicable for a paper statement in case you opt for both, a paper statement and an electronic statement.

Check the details for this credit card by clicking here.

Eligibility Criteria for Standard Chartered Platinum Rewards Card

Your age should be between 21 and 65 years to apply for a Standard Chartered Platinum Rewards Card. You should have a stable monthly income. You should be from the credit cards sourcing cities/locations of the bank. All applications are subject to credit and policy checks of the bank.

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Documents Required

You need to furnish the following documents to apply for a Standard Chartered Platinum Rewards Card.

1. Identity proof: Aadhaar

Anyone of the following photo cards: Passport, PAN card, Voter ID card or Govt ID

2. Address proof: Aadhaar

Any one of the following documents with current residence address: Passport, Driving license, Phone bill, electricity, Other utility bills, Rental agreement, Latest other bank or credit card statement

3. Photograph: One recent passport-sized photograph

4. Financial documents:

Salaried: Latest one month salary slip

Businessmen (Self-employed): IT returns with the computation of income / certified financials, last business continuity proof

Self-employed Professionals: IT returns, Business continuity proof

If you have other bank credit card, you can also apply based on that credit card statement.

Application link for SC Platinum Rewards Credit Card. Click here

The application process of this credit card is very easy. You can apply for it online in a few steps. If your documents are complete and accurate, it should take approximately 9 days for your credit card approval.

To get instant approval for this card online, click here.

Final Thoughts

In my opinion, Standard Chartered Platinum Rewards Credit Card is like a free credit card that also with plenty of attractive features and saving options. This is a good card for the salaried people who wish to have numerous benefits without paying any card fees.

Click here to Apply for Standard Chartered Platinum Rewards Credit Card

Note: This post was originally published on November 1, 2018 and has been completely updated for accuracy and comprehensiveness.