Standard Chartered Bank

Standard Chartered Bank Credit Card

Apply Standard Chartered Bank Credit Card

Standard Chartered Bank Credit Card

Standard Chartered Bank is the largest international bank in India with 100 branches spread across 43 cities. They have been in India since 1858, i.e., for over 150 years.

In 1969, the merger of Standard Bank of British South Africa and the Chartered Bank of India, Australia, and China formed the present day Standard Chartered Bank. The banking major specialises in Corporate and Institutional Banking, Commercial and Private Banking as well as Retail Banking.

They use their global capacities and in-depth knowledgebase to provide a wide range of products and services to meet the needs of individual and business customers. They holistically design their products to suit the diversified requirements of their global clientele and ensure that customers have the best experience banking with them.

The various categories of SC Credit Cards offer the widest choice and benefits to the customers.

Why Choose Standard Chartered Bank Credit Card?

Having a Standard Chartered Bank Credit Card in the wallet is like having a magic wand which would make online shopping, retail spends, and card transactions a hassle-free swiping experience for you. With an array of value back offers and added discount schemes, you would feel like you own a magic card in your wallet.

Features & Benefits of SCB Credit Cards listed below:

  • Fast online approval for eligible customers.
  • Exciting offers on retail buys.
  • Best buy now and pay later options.
  • A grace period of 50 days from purchase to payment. No interest is charged on the outstanding amount during this period.
  • Reward points for every purchase. You can easily redeem RPs for exciting gifts and vouchers.
  • Stream of cashback and striking offers as seasonal benefits.
  • Easy-to-track Credit Card statement. It gives an item-wise list of expenditure made on the card and helps you keep easy track of expenses.
  • Enhanced security for online transactions through 3D OTP generation.
  • No joining fee and renewal fee for supplementary cards.
  • Card enabled for contactless payment.
  • Can check card balance online and make instant payment via online banking or SCB mobile.

Types of Standard Chartered Bank Credit Card

Standard Chartered Bank has designed a wide variety of cards to suit individual lifestyle preferences and spending patterns. When you are shopping for the best Credit Card, have a look at the long list of SCB Cards. You can conveniently compare various SB cards and choose the best card according to your lifestyle.

Standard Chartered Ultimate Credit Card

Standard Chartered Ultimate Credit Card is an exclusive card that is sure to compliment your lifestyle. It will support your premium selection for travel and dining with its exceptional rewards point value system.

The features and benefits of the SC Ultimate Card are listed below:

  • Annual fee: 5000 (One-time payment)
  • Renewal Fee: 5,000 (Second Year onwards); Enjoy 5,000 reward points on renewal.
  • Each reward point equals the reward value of 1.
  • Booking your tickets with MakeMyTrip within 90 days of card issuance entails cashback of 10000 on a single transaction.
  • Earn 5 reward points for every 150 spent.
  • Mark up fee is as low as 2% for foreign currency transactions.
  • Special 5% discount on duty-free outlets.
  • Complimentary access to 1000 plus Airport Lounges worldwide with Priority Pass Membership.
  • 25% discount at 250 top restaurants in India. You enjoy advance booking via concierge and online booking service.
  • Access to 20 premier golf courses in India and 150 worldwide.
  • Enjoy 24X7 access to advance booking and concierge service.

Besides, you also enjoy special offers:

  • Up to 10% cashback* on Ola rides.
  • 20% off at Millenium Hotels.
  • Up to 2,500 cashback* on flight bookings via Paytm.
  • Up to 25% off* on INOX movie tickets and food.

Standard Chartered Manhattan Platinum Credit Card

SC Manhattan Card is one of the most popular lifestyle Credit Cards offered by SC. The Manhattan Card doubles up your rewards and cashback benefits.

The features and benefits are listed below:

  • Annual membership fee: 999
    Renewal fee:   999
  • Get BookMyShow vouchers worth 2000 on your first transaction within 90 days of the card issuance.
  • Get 5% cashback on spends at supermarkets and departmental stores.
  • 3X reward points on every 150 spent on other categories.
  • Complimentary access to Airport Lounges with select Visa Cards.
  • Total annual saving up to 8650.
  • Up to 10% cashback on Ola rides.
  • 20% off at Millenium hotels.
  • Up to 2500 cashback flight bookings via Paytm.
  • Up to 25% off* on INOX movie tickets and food.
  • 15% off at over 850 restaurants in the country.
  • 5% cashback at Croma purchases.
  • 200 instant discount at Grofers on a minimum purchase of 2,000. Promo code for the offer is SCB200.

Standard Chartered Super Value Titanium Credit Card

As the name suggests, SC Super Value Titanium Card offers excellent value for money on all Card spends. The card provides exceptional cash back offers and reward points on fuel, phone, utility bills and all other expenses.

The benefits and features exclusive to the SC Super Value Titanium Credit Card are listed below:

  • Annual fee: 750
  • Renewal fee:   750
  • Get 5% cash back on fuel spends at all fuel stations for a minimum transaction of 750. Maximum cash back of 100 per transaction and 200 per month is allowed.
  • Get 5% cash back on a telephone bill for a minimum transaction of 750. The maximum cash back available is 100 per transaction and 200 per month.
  • Get 5% cash back on utility bill payments with a maximum of 100 per month for a minimum transaction of 750.
  • Enjoy 5X reward points for overseas point of sale spends.
  • Get complimentary access to 1000+ Airport Lounges worldwide, subject to one free usage per month.
  • Enjoy a host of discounts across shopping, travel, dining, and more with exclusive offers on your card.
  • Enjoy 10% cash back per month on Ola rides with Super Value Titanium card.

Standard Chartered Emirates World Credit Card

An ideal card for world traveller with Skyward Miles and shopping benefits when you travel abroad.

  • Annual membership fee: 6000
  • Renewal fee: 3000
  • Enroll for the card by 31st May 2019 and get the welcome benefit of 14000 bonus miles and up to 3000 cash back. Also, get a return ticket to Dubai with just 27500 Skyward Miles.
  • Every 150 spent on Emirates transactions will fetch you 6 Skyward miles and 3 Skyward miles on other transactions.
  • Get 5% cash back on duty-free shopping up to a maximum of 1000 per month.
  • Complimentary access to 25+ domestic Airport Lounges through Mastercard Lounge Program and 2 complimentary access to domestic and international Airport Lounges per month.
  • For spends over 10,000, get access to 2 Airport lounges under Priority Pass in the next month.
  • Get free overseas accident cover of 1 crore including insurance on the loss of baggage and flight delay.
  • Get access to 3 complimentary golf games a year and one free lesson and a 50% discount on all games.

Standard Chartered Platinum Rewards Credit Card

This card best suits a smart spender who wants to enjoy great reward points and an array of offers on their card spends.

The benefits and features are-

  • 5 reward points for every 150 spent on dining and fuel spends.
  • 1 reward point for every 150 spent on all other categories.
  • A host of discounts and offers on shopping, dining, travel, and more with Standard Chartered Good Life Program on Credit Card.
  • Get 10% cash back on Ola rides with a maximum of 300 per month. Minimum spends of 15,000 on your card is required to get the offer.
  • Get 500 cash back on dining with Platinum Card.
  • Get 20% off at Millenium hotels with your card.
  • Enjoy up to 2500 cash back on flight bookings with Paytm.
  • Avail up to 25% off* on INOX movie tickets and food.
  • 15% off at over 850 restaurants in the country.
  • Enjoy 500 worth BookMyShow vouchers on Setting Up of the card.
  • Enjoy 5% cash back at Croma with your SC card.
  • 200 instant discount at Grofers on 2,000 spent. Promo code is SCB200.

Standard Chartered Landmark Platinum Rewards Credit Card

This card is a perfect 'buy and save' Card with 9 X rewards offers.

The benefits and features of the card are:

  • For every 200 spent on Lifestyle, Max and Home Centre earns you 9X reward points.
  • Enroll for the card and get vouchers worth 2800
  • Shop at SPAR and get 5% cash back up to a maximum of 500 per month.
  • Enjoy a host of discounts and offers across dining, shopping, travel, and more with Standard Chartered Good Life programme on your Credit Card.

Standard Chartered Visa Infinite Credit Card

This card is exclusively designed for SCB Priority Banking Clients. The Priority Banking Customers are preapproved for the SC Visa Infinite Card.

The features and benefits of SC Visa Infinite Credit card are:

  • The privileges of the Priority Visa Infinite Credit Card are exclusively extended to SC Priority Banking Clients.
  • Free Priority Pass Membership.
  • Earn 5X reward points for every 100 spent overseas or on retail fashion.
  • Earn 2X points per 100 on all other spends.
  • Enjoy 4 complimentary access to domestic Airport Lounges every quarter using the card.
  • Enjoy a host of discounts and offer on dining, shopping, travel and much more with your SC Good Life Programme.
  • Free Overseas accident cover of 1.2 crore and medical insurance worth USD 25000 is available.

Standard Chartered Yatra Platinum Credit Card

SC Yatra Platinum Credit Card is ideal for frequent travellers and comes packed with a host of offers on Yatra.com.

The features and benefits of the card are:

  • Annual membership fee: 499
  • Earn 10% cash back on travel bookings made through Yatra.com with the card without restrictions on the frequency of cash back availed.
  • Earn 4X reward points on every 100 spent on yatra.com.
  • 2X reward points for every 100 for all other expenditures.
  • Enroll for the card and get a Welcome Gift of travel vouchers worth 4000 from yatra.com within 60 days of issuance of the card.
  • For tickets booked on yatra.com, you get a waiver on cancellation charges.
  • Get waiver of a surcharge of 1% on all fuel expenditure.

Common Features of Standard Chartered Credit Cards

No membership fee for supplementary Credit Cards.

  • Contactless Payment Facility.
  • Enhanced security feature with 3D OTP generation.
  • A wide range of instant payments solutions like Bharat QR, Bharat Bill Payment Solution (BBPS), and Samsung Pay.
  • Check card balance and make convenient and instant payments via online banking and Mobile app.
  • Late fee charges ranging from 100 to 800 for a delay in payment of dues depending on the balance.
  • The interest-free period for up to 55 days. Beyond 55 days interest at 3.49% per month will be collected.
  • Cheque picks-up charges of 100 will be collected.
  • Card payment can be made using internet banking, via NEFT/ RTGS/ IMPS or by dropping a cheque at cheque drop points. If you have applied for the card online, you can submit a NACH form for debit to your account on the due date.
  • Cash withdrawal charges at 3% of the amount withdrawn, subject to a minimum of 300 is applicable.

Redemption Process of SC Reward Points

You can redeem the reward points either through online banking or mobile banking by following some simple steps.

Online Banking

  • Log in to online banking.
  • Select online rewards.
  • Know the accumulated reward points.
  • Follow the instructions to redeem your reward points.

Mobile Banking

  • Log in to SC Mobile.
  • Select Credit Card rewards from the left menu.
  • Know the reward points accumulated.
  • Follow instructions to redeem reward points.

How to Apply for Standard Chartered Bank Credit Card Online?

Follow 5 simple steps to apply for Standard Chartered Bank Card online, and the card will be delivered to your doorstep.

  • Choose a Credit Card listed on the official website according to your lifestyle.
  • Fill in the online application with required details and submit.
  • Upload required documents for eligibility check and press submit.
  • After receiving the relevant documents, the card application will be processed.
  • On approval, the Credit Card and pin will be sent to the address mentioned in your application. You will receive the card and the pin separately.
  • All you have to do is swipe the card to activate it.

Why Apply for Standard Chartered Bank Credit Card from MyMoneyMantra?

MyMoneyMantra is a one-stop solution for all of your financial requirements. You can apply for the Standard Chartered Bank Credit Card through MyMoneyMantra to make the whole process seamless and easy.

MyMoneyMantra will take care of all the process that is required after filling the application online. For this, you have to make use of the digital platform provided by MyMoneyMantra .

Apply for the card by following some simple steps:

  • Register as a user on MyMoneyMantra website. An OTP is generated and sent to your mobile to verify your identity. It also protects your privacy.
  • Login and choose the Credit Card menu. Select the card you intend to apply for and submit.
  • Fill in all the relevant information required for applying for Credit Card.
  • Once the filling of the application is complete and the process initiated, the representative of MyMoneyMantra will contact you and guide you through the process of documentation till the approval.
  • On approval, the card will be dispatched to your address. Card and pin will be despatched separately.

Documents Required for Standard Chartered Bank Credit Card

For Salaried employees

  • Two photographs of the applicant in passport size.
  • ITR records from the last two years.
  • Proof of identity such as the applicant's Passport/ PAN Card/ Voter ID/ Driving License
  • Proof of Residential Address such as Registered Rent Agreement/ Leave and License/ Utility Bill of at least three months/ Passport
  • Proof of Income such as last six months' salary slip, Form 16 of two years, Bank statement of the last six months that reflects salary being credited or EMI being debited.

For Self-Employed

  • Two photographs of the applicant in passport size.
  • Proof of identity such as the applicant's Passport/ PAN Card/ Voter ID/ Driving License
  • Proof of Residential Address such as Registered Rent Agreement/ Leave and License/ Utility Bill of at least three months/ Passport
  • Proof of Business like - GST/ service tax registration/ company's incorporation details, address proof of the business, accounts and balance sheets showing Profit and Loss statements which have been certified by a CA, the proof of the business' existence, a copy of the partnership deed and business profile.

Eligibility Criteria for Standard Chartered Bank Credit Card

Standard Chartered Bank like any other lending institution has set eligibility criteria for availing the Credit Card facility.

The applicant should comply following:

  • either be a salaried or self-employed individual.
  • in the age group of 21 years to 65 years.
  • have a stable monthly income source.
  • submit income proof, address proof, business proof, and Photo ID
  • Credit score of 750 or above.
  • belong to Credit Cards sourcing cities/ locations of the Bank.
  • Applications must be subject to credit and other policy checks of the Bank.

Factors Affecting the SCB Credit Card Eligibility

The main factors affecting the eligibility for Standard Chartered Bank Credit Card are as follows:

  • Income: Salaried individuals should be drawing a handsome salary, and business entities should be making profits for at least the past 2 years.
  • Age: Age of the applicant should be between 21 years to 65 years.
  • Relationship with the Bank: Customers of Standard Chartered Bank can get an approval of Credit Card based on their previous credit record. If you are an existing customer, you can negotiate on the membership fee and other charges if you have had a long relationship with the bank and have maintained a good track record.
  • Loan Repayment: Past credit record plays a pivotal role in assessing eligibility for credit products. Prompt repayment of loan instalments and Credit Card dues will build a good credit history.
  • Too Many Loans: Too many existing commitments will decrease your credit score, which will reduce the chances of Credit Card approval.
  • Credit Score: The credit score determines the repayment capacity of the applicant. Even before verifying the documents, Credit Score is assessed. So, you should aim to maintain a good score, preferably above 750.

Factors Affecting Credit Score

High use of Unsecured Loans - A good mix of secured and unsecured loans is preferred to keep the Credit Score optimum.

Multiple Loan Applications -Too many enquiries from different banks for loans will reduce the Credit Score of the applicant. So, you should take care not to approach different banks at the same time for a loan or Credit Card.

Delayed Payments - Delayed EMI payments and Credit Card bills will bring down the credit score. It is always better to aim at paying the EMI and card dues on time to avoid a decline in Credit Score.

Usage of Credit Limit - Credit Card used wisely will go a long way in keeping your Credit Score at an optimum level. Always aim to limit Credit Card usage up to 50% of the limit and pay the entire dues on the billing due date. This will not only help improve the Credit Score but will also reduce the cost on the expenses incurred with the card.

How to Improve Eligibility for Standard Chartered Bank Credit Card?

A Clean Credit History: To maintain a clean credit history you must make the Credit Card payments and loan repayments on time. You should plan your finances meticulously. Make sure your account has available funds for automated card payment before the due date.

Credit Worthiness: CIBIL score is the scale to measure one's creditworthiness. You should keep a track of Credit Score periodically and ensure that the required level is maintained at all times.

Tips to improve one's credit history

Maintaining a good credit history is very important to qualify for bank credit products. Not only does the eligibility for loans and Credit Cards improve with a good credit history but you can leverage this positive point to negotiate on interest rates and get the best deal.

  • Too many loan enquiries in a short span will influence the credit history. The Credit Score will decline with growing enquiries. It is better to avoid frequenting lending institutions in search of the best deal to avail.
  • Always use the Credit Card within the available limit. Indeed it is best practice not to use over 50% of the sanctioned limit each month. Pay the statement balance before the due date, and your Credit Score will keep upbeat.
  • To decide EMI on the purchases made, use the EMI calculator and choose the repayment tenure to set EMI as per your budget.
  • Review all the present responsibilities. Consolidate present loan obligations before applying for Credit Card EMI. This will help you choose the right repayment period and fix the necessary EMI in such a way that it is not stressful.

How To Decide The Right Amount Of EMI with Credit Card EMI Calculator?

Every purchase above 5000 using Standard Chartered Bank Credit Card can be converted to EMI. Before you decide to convert any high-end purchase made into EMI without opting for the revolving payment, you should check the monthly out-go towards the EMI. Decide whether you will be able to make provision for the extra expenditure from your monthly income.

It is better to opt for EMI payment rather than revolving payment. With revolving payment, you will end up paying as high as 3.49% monthly interest on the balance due in the card.

To calculate EMI with MyMoneyMantra EMI Calculator enter the following information:

  • Enter the amount of purchase made.
  • Give details of the interest rate.
  • Give details of EMI tenure.
  • Click the calculate button. The system will show the EMI monthly break-up for both interest and principal components.
  • You can try different permutations and combinations to arrive at affordable EMI, ideal for your monthly budget.

Advantages of pre-paying the purchase amount for which EMI option has been availed

The option to convert purchases above 5000 made with Standard Chartered Bank card to EMI is available. Sometimes you might have to make some necessary purchase for which you are not able to make immediate payment. At such times you can opt for payment by EMI. The interest charged on such EMI is quite high, and it will increase the cost of your purchase substantially.

It is wise to pre-pay such amounts whenever you have surplus cash to minimize the cost of the purchase made.

Change in Standard Chartered Bank Card EMI with Prepayment

There is no provision to make part payments on the amount of purchase that has been converted to EMI. The only option available is to make payment of the entire balance amount earlier to the stipulated tenure.

Frequently Asked Questions - Standard Chartered Bank Credit Card

What are the main features of Standard Chartered Credit Cards?

The main feature is the interest-free period of 55 days, which makes it the best option for 'buy now and pay later' facility. It is accepted over 38 million merchants worldwide, and it gives the flexibility to make online purchases, bill payments and with drawls at over one million ATMs in more than 210 countries.

Is an Add-on card facility available with SC Credit Cards?

The primary cardholder can extend the benefits to a maximum of 4 supplementary cardholders. Supplementary cardholders will share the credit limit with the primary cardholder. The primary cardholder is responsible for any transactions or liabilities made. The supplementary holder should be at least 16 years old.

How to apply for Standard Chartered Bank Credit Card?

Complete the Standard Chartered Credit Card Application Form online and upload the documents. You can also opt for doorstep pick up of documents. MyMoneyMantra representative will guide you. You need not visit the bank branch. You can also call the MyMoneyMantra Customer Care for any inquiries about the application and documents.

What are the documents required to apply for Standard Chartered Bank Credit Card?

You are required to submit valid proof of identification, address, and income proof along with the application form.

Is it necessary to provide income details?

You will have to submit income details such as latest original monthly pay slips or original bank statement showing the last 3 months' salary credit and employment certificate.

Can NRIs apply for Standard Chartered Bank Credit Card?

An NRI can apply for the Credit Card by submitting a copy of passport, temporary resident card or visa or work permit and labour contract.

How do I track the progress of Credit Card application?

Assessment of application may take up to 4 working days. The status of the application can be tracked by contacting customer care team 24X7 after 4 working days.

Will there be any charges for overseas transactions?

All overseas transactions are levied at rate of a 3.5% transaction fee. This is inclusive of charges paid out to Visa/ Master for converting overseas transactions into Indian Rupees.

What is the late payment fee charge?

Late payment fee ranges from 100 to 700 depending on the outstanding balance in the statement.

What is the interest charged?

Monthly interest rate of 3.49% is annualized to arrive at APR 41.88% for all Standard Chartered Bank Credit Cards. For Visa Infinite and Emirates World Credit Cards, the monthly interest is 3.10% (APR 37.20%). For all instant Credit Card variants, the monthly interest rate is 1.99% (APR 23.88%). Cash transactions are charged at an interest rate of 3.49% (APR 41.88%)

How to report the lost or stolen SC Credit Card?

You must notify the Bank immediately or as soon as possible about the loss, theft or misuse of the card.

Follow these steps to report the loss of Credit Card online:

Step 1: Log in to Online Banking or SC Mobile App.

Step 2: Choose "Help & Services."

Step 3: Select "Card Management" and go to "Report Lost/Stolen Card."

Step 4: Follow the given instructions.

Step 5: The card will be immediately blocked. A replacement card will be posted to your registered address.

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