Standard Chartered Bank Credit Card Statement

You can easily check your Standard Chartered statement or balance through any of the following online methods:

Standard Chartered Credit Card Balance Check through Online Banking

• Log in to the net banking portal of Standard Chartered Bank with your username and password.
• Then go to the ‘Card Services’ section given on the homepage.
• Click on the ‘Card Information’ option.
• Select the statement you wish to view from the available options.
• You can also opt for the Standard Chartered Bank statement download option in a PDF format if you wish to.

Standard Chartered Credit Card Balance Check through Mobile App

• Download the Standard Chartered Mobile App from the Google play store or Apple app store.
• Log in with your username and password.
• Then go to the ‘Balances’ section given on the homepage.
• Click on the preferred credit card and then go to the ‘Transactions’ option.
• The history of all your recent transactions for the past 30 days will be displayed on the screen.
• You can also download your statement from the app. If you are still confused about how to download Standard Chartered Bank statements, you can reach out to the customer care team of the bank.

You can check your Standard Chartered credit card statement offline by visiting the nearby branch, calling the customer care number of the bank, or sending an SMS. 

Below are the details regarding the same:

• Branch Visit: You can visit the nearby Standard Chartered Bank branch and request the representative there for a credit card statement. They will provide you with the statement for the chosen duration.
• Calling Customer Care: You can call the Standard Chartered Bank credit card customer care number to request for the statement. The bank representative will require a few details for verification and after authenticating all the details, your request will be processed.
• Through SMS: You can also get the details of the last 5 transactions of your SCB credit card by sending an SMS to the bank in a predefined format. Just type TRN and send it to +91 9987123123.

Now that you are aware of how to get Standard Chartered Bank statement, you must know what it is. A Standard Chartered credit card statement is a periodic statement that includes the details of all your purchases, payments and transactions made with your credit card within the statement period. The statement also comprises the details related to your credit card, including the minimum amount due, statement period, closing and outstanding balance and so on. The bank will send your credit card statement every month. It is vital to read your credit card statement carefully to look out for any fraudulent transactions.

Standard Chartered Bank credit card statement consists of the following components regarding the usage of your credit card within the billing cycle:

• Statement Period: It is the duration for which the payment of your card has to be made. The statement period is also known as the billing cycle.
• Payment Due Date: It is the deadline by which you have to pay the amount due to the bank. Payments made later than the due date incur late payment charges.
• Total Amount Due: It is the total amount due as of the statement date. It includes opening balance, new purchases and other charges.
• Minimum Amount Due: As the name suggests, it is the minimum amount to be paid to the bank on or before the payment due date to avoid any charges.
• Closing Balance: Closing balance is the total balance or amount due on your card. You are required to pay the closing balance if you plan to pay off the entire debt.
• Current Outstanding Balance: This is the total amount to be paid to the bank before the payment due date.
• Transaction Summary: It is the history of all your transactions made with the card during the billing cycle.

The minimum amount due (MAD) is the minimum amount to be paid to the card issuer on or before the payment due date. Credit card providers calculate MAD as 5% of your total outstanding amount and it includes all the charges levied on your credit card.

For instance, if you make a purchase of Rs. 20,000 on September 15 and the due date is October 26, then your minimum amount due will be Rs. 1,000 (5% of Rs. 20,000).

The Standard Chartered Bank provides the facility of e-statement, where customers can easily view or print their credit card statement Standard Bank. The bank sends e-statements to the cardholders on a monthly basis free of cost. To subscribe for an e-statement, you can call the customer service of the bank and request an e-statement subscription. You can also submit a written request for discontinuation of physical statement at any Standard Chartered Bank branch. Besides this, you can also sign up for an e-statement through the net banking portal of the bank.