Standard Chartered Platinum Rewards Credit Card

The key highlights of the Standard Chartered Platinum credit card are given below:

Reward Points Benefit

• 5X reward points for spending every Rs. 150 on fine dining outlets.
• 5X reward points for spending every Rs. 150 on fuel.
• 1X reward points on spending every Rs. 150 for other categories. 
• No monthly cap on the earned Standard Chartered credit card rewards.

Good Life Programme

• 15% off at 850 participating restaurants in India.
• 25% off on Inox movie tickets on select days. 
• Up to 15% off on e-vouchers of top brands.
• Up to 25% discount at Easemytrip. Offer valid till 31st January 2024.

EMI Offers

• 5% instant off on the purchase of Ola electric scooter. 
• Up to 25% cashback on Samsung EMI transactions of Rs. 15,000.
• Up to 22.5% cashback on minimum LG transaction of Rs. 20,000.
• Up to 20% cashback on the purchase of Panasonic gadgets.
• All the above-mentioned offers are valid till 31st January 2024.

Dining Benefits

• 15% instant off at 850 participating restaurants in India through EazyDiner. Offer valid till 31st January 2024.
• 15% off at 850 participating restaurants in India under the Good Life Programme.

Other Benefits

• Under Dial-a-loan, get up to Rs. 5 Lakhs loan on your credit card with a flexible repayment tenure of 12 to 60 months.
• Under Kuch Bhi EMI, convert big purchases above Rs. 5,000 into easy EMIs through online banking or SC Mobile.
• Get supplementary Standard Chartered credit cards for your family members without any additional payment. 
• Contactless transactions make shopping and paying for other services faster than paying in cash or via traditional credit/ debit cards. 
• This Standard Chartered credit card provides users with enhanced security for online transactions by an option to pay different merchants through online purchases using 3D secure OTP verification systems. 
• Balance transfer enables transferring your outstanding balance from other credit cards to the Standard Chartered Platinum Rewards credit card. 
• You can convert your entire outstanding balance into easy-pay EMIs without any processing fee.

Zero Annual & Joining Fees

• Spend Rs. 500 or more within 30 days from card issuance to get a one-time joining and renewal fees of Rs. 250 + GST waived. 
• This offer is valid only after submitting the credit card application electronically through the digital channel as prescribed by the bank. 
• No joining benefits. 
• Offer not applicable for existing credit card holders.

The Standard Chartered Bank Platinum Rewards credit card fees and charges are mentioned below in detail:

• Joining fee: Rs. 250 + GST. Waived on spending Rs. 500 or more within 30 days from card issuance.
• Renewal fee: Rs. 250 + GST. Waived on spending Rs. 500 or more.
• Cash transactions interest rate: 3% on cash withdrawal subject to a minimum charge of Rs 300.
• Foreign currency mark-up: 3.5% of the transaction amount.
• Annualized Percentage Rate (APR): The monthly interest rate for Platinum Rewards credit card is 3.75% p.m. (APR of 45%). The monthly rate of interest is annualized to arrive at the Annualized Percentage Rate (APR).
• Processing fee on rental payments: 1% + applicable taxes.

Below are the eligibility criteria for SCB Platinum Rewards credit card:

• Age for the primary applicant: Minimum 21 years and maximum up to 65 years.
• ​​​​​​​Age for the add-on cardholder: Minimum 18 years.
• Income: Applicant should have a stable monthly income.
• Serving cities: Applicants should belong to credit card sourcing locations/cities of the Bank.
• Other requirements: All applications are subject to credit and other policy checks of the Bank.

You need to submit the following documents to apply for a Standard Chartered Platinum Rewards credit card:

Common Documents for Salaried and Self-employed Applicants

• PAN Card
• 1 recent passport-sized photograph
• Proof of identity: Passport, Voter D Card, Government ID, etc. (any one photo card).
• Proof of address: Aadhaar Card, Driving License, Passport, Election/Voter’s ID Card, Job Card issued by NREGA duly signed by a State Government officer, the letter issued by the National Population Register (NPR) containing details of name & address (any one document with current residence address).

Financial Documents for Salaried Applicants

• The latest 1 month’s salary slip

Financial Documents for Self-employed Applicants

• Self-employed Businessmen: Latest Income Tax Returns with computation of income/ certified financials, and business continuity proof.
• Self-employed Professionals: Latest Income Tax Returns, and business continuity proof.

You can apply for the Standard Chartered Platinum Rewards card offline as well as online methods. For the offline method, visit your nearest Standard Chartered branch, fill in the application form, and submit it along all the necessary documents. If you wish to apply online for the card through bank’s website, follow the steps given below:

• Click on the ‘Apply Now’ button on the website.
• Fill in your details.
• Proceed with the application.