Standard Chartered Priority Visa Infinite Credit Card

Standard Chartered presents the Priority Visa Infinite credit card, designed exclusively for its priority banking clientele. This card stands out with a waived membership fee and a range of advantages, such as free access to domestic lounges, Priority Pass membership, exclusive reward points, and insurance perks. When utilizing the card, you earn 5 reward points for every Rs. 100 spent on international transactions or retail fashion and 2 reward points for every Rs. 100 spent elsewhere. In terms of travel perks, the card provides complimentary access to domestic lounges and a free Priority Pass membership, allowing entry to over 1,000 lounges worldwide.

Key Highlights of Standard Chartered Priority Visa Infinite Credit Card

Unlock unparalleled benefits with the Standard Chartered Priority Visa Infinite Credit Card.

  1. Earn 5X Reward Points for each Rs. 100 spent on overseas transactions and retail fashion.
  2. Receive 2X Reward Points on every Rs. 100 spent on all other types of purchases.
  3. Enjoy 4 complimentary domestic lounge access opportunities every quarter.
  4. Access international lounges with a complimentary Priority Pass membership, available at a nominal fee.
  5. Access exclusive dining, shopping, and travel offers through the Standard Chartered Good Life program.
  6. Receive complimentary overseas air accident insurance worth Rs. 1.2 crore and medical insurance worth USD 25,000.
  7. This card is exclusively designed for Standard Chartered Priority banking customers.

Features and Benefits of Standard Chartered Priority Visa Infinite Credit Card

The Standard Chartered Priority Visa Infinite Credit Card offers several features and benefits:

  1. Obtain supplementary credit cards for family members to share the benefits.
  2. Experience the convenience of a contactless credit card for seamless transactions.
  3. Ensure secure online transactions with 3D OTP verification.
  4. Benefit from instant digital payment solutions for swift and hassle-free payments.
  5. Access online banking and mobile banking for added convenience.
  6. Utilize the ‘Kuch Bhi on EMI’ feature to convert transactions over Rs.5,000 into easy EMIs.
  7. Maximize rewards through the Standard Chartered 360° rewards programme.
  8. Secure easy loans on your credit card, ranging up to Rs.5 lakh with flexible tenures of 12 to 60 months.
  9. Take advantage of easy credit card balance transfers.
  10. Convert outstanding debt (up to Rs.5 lakh) into manageable EMIs.
  11. Enjoy exclusive features of the Standard Chartered Priority Visa Infinite Credit Card.
  12. Earn 5 reward points for every Rs.100 spent on retail fashion and overseas transactions.
  13. Earn 2 reward points for every Rs.150 spent on all other categories.
  14. Access 4 complimentary airport lounge passes per quarter with the Visa Infinite card.
  15. Unlock over 1,000 airport lounges worldwide with Priority Pass membership, offering 2 free visits per month through Priority FUM.
  16. Access discounts and offers on shopping, dining, and travel through the Standard Chartered Good Life programme.
  17. Benefit from overseas air accident cover of Rs.1.2 crore and medical insurance worth $25,000.
  18. Enjoy complimentary 24×7 concierge services (terms and conditions apply).

Standard Chartered Priority Visa Infinite Credit Card Fees and Charges

Explore the fee structure for the Standard Chartered Priority Visa Infinite Credit Card and discover the financial advantages that come with it.

1. Annualized Percentage Rate (APR) Calculation (effective from May 1, 2021):

  • The monthly interest rate is multiplied by 12 to determine the Annualized Percentage Rate (APR).
  • Standard Chartered Credit Cards, including Visa Infinite and Emirates World, have a monthly interest rate of 3.75%, resulting in an APR of 45.00%.
  • Instant credit card variants have a fixed monthly interest rate of 1.99%, leading to an APR of 23.88%.
  • Cash transactions also carry a monthly interest rate of 3.75%, with an APR of 45.00%.

2. ATM Withdrawal Charges:

  • For statement outstanding balances up to INR 500, the ATM withdrawal fee is INR 100.
  • For balances between INR 501 and INR 2,000, the fee is INR 350.
  • Balances between INR 2,001 and INR 4,000 attract a fee of INR 500.
  • For balances ranging from INR 4,001 to INR 20,000, the fee is INR 700.
  • Balances exceeding INR 20,000 incur an INR 800 fee for ATM withdrawals.

Eligibility Criteria for Standard Chartered Priority Visa Infinite Credit Card

Here are essential criteria for applying for an Standard Chartered Priority Visa Infinite Credit Card:

1. Age Requirement:

  • The applicant must fall within the age range of 21 to 65 years.

2. Income Stability:

  • A stable monthly income is a prerequisite for all applicants.

3. Geographic Eligibility:

  • Applicants should reside in cities or locations specified by the bank for credit card sourcing.

4. Credit and Policy Checks:

  • All submitted applications are subject to thorough credit and policy checks conducted by the bank.

Documents Required for Standard Chartered Priority Visa Infinite Credit Card

To apply for the Standard Chartered Priority Visa Infinite Credit Card, you will typically need to provide the following documents:

1. Identity Proof:

  • Passport
  • Voter ID Card
  • Government ID
  • PAN Card

2. Address Proof:

  • Aadhaar Card
  • Passport
  • Driving License
  • Election/Voter’s ID Card
  • Job card issued by NREGA (duly signed by a State Government officer)
  • Letter issued by the National Population Register (containing name and address details)

3. Additional Requirements:

  • 1 recent passport-sized photograph

4. Financial Documents for Salaried Individuals:

  • Latest one-month salary slip

5. Financial Documents for Self-Employed Individuals:

Self-Employed Businessmen:

  • Latest IT Returns with computation of income / Certified Financials
  • Last Business Continuity proof

Self-Employed Professionals:

  • Latest IT Returns
  • Business Continuity proof

How to apply for Standard Chartered Priority Visa Infinite Credit Card

Follow these steps to apply for the Standard Chartered Priority Visa Infinite Credit Card online:

  1. To apply for the credit card, visit the official website of the bank.
  2. Complete the online application form and submit the necessary documents.
  3. Alternatively, offline applications are accepted at the nearest bank branches.
  4. When applying in person, approach a bank executive for assistance.

FAQs:

1. What is the Standard Chartered Priority Visa Infinite Credit Card?

  • The Standard Chartered Priority Visa Infinite Credit Card is an exclusive credit card offering a range of premium benefits, rewards, and privileges designed for high-net-worth individuals.

2. How can I apply for the Priority Visa Infinite Credit Card?

  • You can apply for the Standard Chartered Priority Visa Infinite Credit Card online through the official Standard Chartered website or by visiting a local branch.

3. What are the key features of the Priority Visa Infinite Credit Card?

  • The card offers features such as priority banking services, complimentary airport lounge access, exclusive lifestyle and travel privileges, and a rewards program with accelerated earning potential.

4. What is Priority Banking and how does it relate to this credit card?

  • Priority Banking is a premium banking service that provides personalized financial solutions. Priority Visa Infinite cardholders may enjoy Priority Banking benefits such as dedicated relationship managers, preferential rates, and more.

5. Can I use the Priority Visa Infinite Credit Card internationally?

  • Yes, the card is globally accepted, allowing you to make purchases and withdrawals wherever Visa is accepted. Additionally, it often comes with features like no foreign transaction fees.

6. How does the rewards program work?

  • The rewards program allows you to earn points for every eligible transaction. These points can be redeemed for a variety of rewards, including travel, merchandise, and cashback.

7. Is there an annual fee for the Priority Visa Infinite Credit Card?

  • Typically, premium credit cards have an annual fee. Check the latest terms and conditions or contact Standard Chartered customer service for specific details about the fees associated with this card.

8. What travel benefits are included with the Priority Visa Infinite Credit Card?

  • Cardholders often enjoy complimentary access to airport lounges, travel insurance coverage, and exclusive discounts on hotels and airlines. Specific benefits may vary, so it’s recommended to review the card’s terms and conditions.

9. How do I contact customer service for the Priority Visa Infinite Credit Card?

  • You can contact Standard Chartered customer service through the phone number provided on the back of your card or visit the official website for contact details.

10. What security features does the Priority Visa Infinite Credit Card offer?

  • The card typically comes with advanced security features such as chip technology, SMS alerts, and secure online transactions. Familiarize yourself with these features to ensure the safety of your card.