The Standard Chartered Platinum Rewards Credit Card from Standard Chartered presents an array of enticing rewards for your expenditures. While the card does entail an annual fee of Rs. 250, this charge can be nullified by reaching a spending threshold of Rs. 500, rendering the card a lifelong complimentary asset. Moreover, the card extends a warm welcome with exclusive offers surpassing the joining fee’s value.
With every transaction made using the card, you accrue 1 reward point. Additionally, you earn 5 reward points for every Rs. 150 spent on dining and fuel purchases. These accumulated points can effortlessly be redeemed for a diverse range of products and vouchers tailored to your preferences.
Furthermore, within the initial ninety days from card issuance, you have the opportunity to receive up to 100% cashback on your dining expenses. This feature adds an extra layer of value to your credit card experience.
Table of Contents
Benefits and Features of Standard Chartered Platinum Rewards Credit Card
| Benefits and Features | Standard Chartered Platinum Rewards Credit Card |
|---|---|
| Welcome Benefits | As a welcome perk, upon acquiring this SC credit card, you’ll receive an Amazon Pay gift card valued at Rs. 500, along with a generous 100% cashback on dining transactions, capped at Rs. 500. |
| Cashback/Rewards Points | Accrue 1 reward point for every Rs. 150 spent across all categories with the Platinum Rewards Credit Card. Additionally, enjoy a heightened reward rate of 5 points for every Rs. 150 expended on dining and fuel transactions. |
| Travel Benefits | N/A |
| Dining Benefits | N/A |
| Domestic Lounge Access | N/A |
| International Lounge Access | N/A |
| Movie Benefits | N/A |
| Insurance Benefits | N/A |
Rewards
Earn 1 reward point for every Rs. 150 spent across all categories with the platinum rewards card. Enjoy an enhanced reward rate of 5 points for every Rs. 150 expended specifically on dining and fuel transactions, and the best part is, there’s no monthly capped limit on your purchases.
Eligibility & Document for Standard Chartered Platinum Rewards Credit Card
Read the article on CardsPreview.com for Standard Chartered Platinum Rewards Credit Card Eligibility & Document here.
Fees & Charges
| Fees & Charges | Standard Chartered Platinum Rewards Credit Card |
|---|---|
| Joining fee | Rs 250 |
| Annual fee | Rs 250 |
| Fee waiver | The annual fee becomes optional if your expenditures total Rs. 60,000 or more in the preceding year, providing a practical way to make this card cost-effective. |
| Fuel surcharge | Moreover, benefit from a 1% fuel surcharge waiver on all your fuel transactions, enhancing the overall value proposition of this credit card. |
How to Apply for Standard Chartered Platinum Rewards Credit Card
You can apply online or offline for this Standard Chartered Platinum Rewards Credit Card
Online – Visit Standard Chartered official website and apply for this credit card.
Offline – You can visit the nearest SC Bank branch with all the necessary documents.
Conclusion
Consider the Standard Chartered Platinum Reward credit card if you’re someone without a credit history seeking to apply for one. This card offers an attractive reward rate across all spending categories, with the added benefit of earning up to 5x reward points for every Rs. 150 spent on dining and fuel. Although the card comes with a modest renewal fee of Rs. 250, there is a spend-based waiver available if you reach Rs. 500 in the initial 30 days after card issuance. However, for high-end customers, this card may not be the most optimal choice, as it lacks sufficient rewards and benefits.
Another entry-level credit card worth exploring is the American Express SmartEarn Credit Card, which offers affordability and enticing deals. This concludes the review of the Standard Chartered Platinum Rewards Credit Card. Feel free to share your thoughts on the card in the comments below.
