Standard Chartered Rewards Credit Card

Diversifying its credit card lineup, Standard Chartered bank introduces the ‘Standard Chartered Rewards Credit Card.’ Tailored for savvy spenders, this card boasts a zero joining fee and a modest annual fee starting from the second year. Its impressive reward rate on retail purchases makes it a frugal choice for everyday transactions. The card earns its place among the top rewards credit cards, offering substantial benefits on retail shopping. Beyond rewards, enjoy complimentary lounge access and other perks. Elevate your spending experience with this new addition to Standard Chartered’s credit card offerings.

Key Highlights of Standard Chartered Rewards Credit Card

Unlock unparalleled benefits with the Standard Chartered Rewards Credit Card.

  1. Ideal for those seeking maximum reward points.
  2. No joining fee for cardholders.
  3. Rs. 1,000 renewal fee starting from the second year.
  4. Standout feature: Earn 4X reward points for every Rs. 150 spent on retail purchases.

Features and Benefits of Standard Chartered Rewards Credit Card

The Standard Chartered Rewards Credit Card offers several features and benefits:

1. Reward Points:

  • Earn 1 reward point for every Rs. 150 spent on insurance and government categories.
  • Get 4 reward points per Rs. 150 on retail spends (excluding insurance, government, and fuel).

2. Bonus Rewards:

  • Reach Rs. 20,000 monthly spending milestone.
  • Earn extra 4 reward points for every Rs. 150 on subsequent retail spend, up to 2,000 bonus points monthly.

3. Complimentary Lounge Access:

  • Enjoy 4 complimentary domestic airport lounge visits annually.
  • Utilize 1 lounge visit per calendar quarter.

4. Renewal Fee Waiver:

  • Spend Rs. 3 lakh or more in the previous year for a Rewards credit card renewal fee waiver.

5. Other Benefits:

  • 1% fuel surcharge waiver.
  • Convenient contactless payments.
  • Easy EMI conversion for spends exceeding Rs. 2,000.
  • Supplementary add-on cards available.

Standard Chartered Rewards Credit Card Fees and Charges

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

  1. No joining fee required.
  2. Annual fee: INR 1000 + GST.
  3. Renewal fees waived on spending INR 300,000 or more in the previous year using the Rewards Credit Card.

Eligibility Criteria for Standard Chartered Rewards Credit Card

Here are essential criteria for applying for an Standard Chartered Rewards Credit Card:

1. Age Eligibility:

  • Applicants must be between 18 and 65 years old.
  • Add-on cardholders must be a minimum of 18 years old.

2. Monthly Income Criteria:

  • A stable monthly income is a prerequisite for applicants.

3. Location Requirement:

  • Applicants need to reside in the credit card sourcing cities/locations specified by the Bank.

4. Application Approval:

  • All applications undergo thorough credit and policy checks by the Bank.

Documents Required for Standard Chartered Rewards Credit Card

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

  1. Identity Proof: Choose any one photo card – Passport, Voter ID, Government ID, etc.
  2. PAN Card
  3. Address Proof: Select one with current residence address – Aadhaar Card, Passport, Driving License, Election/Voter’s ID, NREGA Job card (signed by State Government officer), Letter from National Population Register.
  4. 1 recent passport-sized Photograph
  5. Financial documents for salaried individuals: Latest one-month salary slip
  6. Financial documents for self-employed:
  • Self-Employed Businessmen: Latest IT Returns with income computation/Certified Financials, Last Business Continuity proof.
  • Self-Employed Professionals: Latest IT Returns, Business Continuity proof.

How to apply for Standard Chartered Rewards Credit Card

Follow these steps to apply for the Standard Chartered Rewards Credit Card online:

  1. Navigate to www.sc.com
  2. Explore Our Products> Credit Cards> Rewards Card
  3. Select ‘Apply Now’
  4. Provide necessary document proofs as per the bank’s eligibility criteria
  5. Your application undergoes review for approval and internal policy checks by the bank.

Frequently Asked Questions (FAQs) –

1. What is the Standard Chartered Rewards Credit Card?

The Standard Chartered Rewards Credit Card is a credit card offered by Standard Chartered Bank that allows cardholders to earn rewards points on their everyday purchases. These points can be redeemed for a variety of rewards, including vouchers, merchandise, and more.

2. How do I apply for the Standard Chartered Rewards Credit Card?

You can apply for the Standard Chartered Rewards Credit Card online through the bank’s official website or by visiting a Standard Chartered branch. The application process typically requires personal and financial information, and eligibility criteria apply.

3. What are the key features of the Standard Chartered Rewards Credit Card?

The card comes with features such as rewards points on every transaction, exclusive dining and shopping privileges, fuel surcharge waivers, and access to a range of lifestyle and travel benefits. Check the official website for the most up-to-date information on features.

4. How do I earn rewards points with this credit card?

You earn rewards points on eligible transactions made with your Standard Chartered Rewards Credit Card. The points accrue based on your spending and can be redeemed for various rewards. Details about the earning structure can be found in the terms and conditions provided by the bank.

5. What can I redeem my rewards points for?

Standard Chartered Rewards Credit Card offers a redemption catalog that includes a variety of options such as gift vouchers, merchandise, travel bookings, and more. The redemption options may vary, and you can check the latest catalog on the bank’s website.

6. Is there an annual fee for the Standard Chartered Rewards Credit Card?

The annual fee and other charges associated with the credit card can vary. Check the terms and conditions or contact Standard Chartered Bank directly to get the most accurate and up-to-date information on fees.

7. How can I check my rewards points balance?

You can check your rewards points balance through the Standard Chartered online banking portal or by contacting the bank’s customer service. Many credit card issuers also provide a mobile app for convenient access to account information.

8. Are there any promotional offers or discounts available with the Standard Chartered Rewards Credit Card?

Standard Chartered often runs promotional offers and discounts with partner merchants. These can include dining, shopping, and travel promotions. Keep an eye on the bank’s official communications for the latest information on such offers.

9. How do I contact customer service for the Standard Chartered Rewards Credit Card?

You can reach Standard Chartered customer service through the phone number provided on the back of your credit card or by visiting the bank’s official website for contact information.

10. How can I make payments on my Standard Chartered Rewards Credit Card?

You can make payments through various channels, including online banking, mobile banking apps, ATMs, and at Standard Chartered branches. The bank will provide detailed instructions on payment methods and due dates on your monthly statement.