Standard Chartered Rewards Credit Card

  • Joining Fee: Nil
  • Renewal Fee: Rs. 1,000 plus applicable taxes
  • Best Suited For: Shopping
  • Reward Type: Cashback |
  • Welcome Benefites: NA
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Standard Chartered has recently launched the exclusive Rewards Credit Card, which is targeted at those who prefer making most of their retail purchases using their credit card. The card comes with a zero joining fee and a renewal fee of Rs. 1,000, which can be waived on the basis of your total annual spends in the previous year. Talking about the reward rates of this card, it provides you with an amazing opportunity to earn up to 4x Reward Points on your spends. Moreover, you earn additional 4x Rewards after achieving the monthly spending milestone. Apart from its reward benefits, the card has exciting privileges across other categories as well. You get free lounge access to selected domestic airport lounges and various other benefits. To know more about the Standard Chartered Rewards Credit Card, its features, and fees & charges, keep reading:

New Features

Spend Based Waiver

The renewal fee is waived on spending Rs. 3 lakhs or more in the previous year.


Interest Rates

3.75% per month


Add-on Card Fee

Nil

Rewards Redemption Fee

Rs. 99


Fuel Surcharge

1% fuel surcharge waiver on all fuel transactions

Foreign Currency Markup

3.5% of the transaction amount


Cash Advance Charges

3% of the withdrawn amount subject to a minimum of Rs. 300

Movie & Dining

NA


Travel

Complimentary domestic lounge access every quarter.


International Lounge Access

NA

Rewards Rate

4 Reward Points on every retail spend of Rs. 150,  1 RP on every Rs. 150 spent on government payments and insurance.


Golf

NA


Insurance Benefits

NA

Reward Redemption

1 RP = Re 0.25 for redemption against the Rewards catalog and 1 RP = Re. 0.20 for redemption against the card’s statement balance.


Domestic Lounge Access

1 free domestic lounge access every quarter, i.e. 4 per year.


Zero Liability Protection

The cardholders are not liable for any fraudulent transactions made against a lost/stolen card if reported to the bank in a timely manner.

Pros

No data available

Cons

No data available

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