Standard Chartered

Standard Chartered Rewards Credit Card

Airport Lounge Access

Reward Points

Travel

MyBankingTips Rating

Joining Fee: ₹0* Plus Applicable Taxes

Renewal Fee: ₹1000*Plus Applicable Taxes

Airport Lounge Access

Reward Points

Travel

MyBankingTips Rating

Joining Fee: ₹0* + Tax

Renewal Fee: ₹1000* + Tax

Airport Lounge Access

Up to 4 free domestic lounge visits per year

Reward Points

Earn 4 Reward Points per ₹150 on retail spends, 1 RP on government and insurance payments.

Travel

Enjoy complimentary domestic lounge access every quarter.

Check your eligibility For This Card

About The Card Rewards Program Features & Benefits Fees & Charges Thinks We Know FAQs

About Standard Chartered Rewards Credit Card

The Standard Chartered Reward Credit Card is designed to help users earn and save with up to 8X reward points on their spends. This includes 4 reward points on all retail transactions, plus an additional 4 points once a specific monthly spending threshold is reached. These points can be redeemed through the rewards catalogue or as statement credit. Opting for catalogue redemption maximizes value, though the redemption ratio of 4:1 means that even the 8X reward rate translates to only about 1.33% value-back.

Another key feature is complimentary access to domestic airport lounges, which is beneficial for frequent domestic travelers. The annual fee is modest and can be waived by spending just Rs. 1.5 lakh annually, or it can be offset with bonus reward points.

However, this card provides limited value-back on lifestyle categories such as dining, movies, and entertainment. In comparison, similar cards like Axis Rewards and IDFC FIRST Wealth offer slightly better rewards rates of 3.2% and 2% along with added benefits like milestone bonuses, insurance coverage, and discounts on dining, food delivery, and movie spends, making them more rewarding overall for lifestyle spending.

Standard Chartered Rewards Credit Card Rewards Program

Rewards Program

4X Rewards: Earn 4 reward points for every Rs. 150 spent on retail purchases.
1X Rewards: Earn 1 reward point for every Rs. 150 spent on insurance and government payments.
Bonus Rewards: Get an additional 4 reward points per Rs. 150 spent on retail transactions exceeding Rs. 20,000 per month.
Capping: Bonus 4X rewards are capped at 2,000 reward points per month.

Redemption Options:

1 Reward Point = Rs. 0.25 when redeemed via 360° Rewards catalogue.
1 Reward Point = Rs. 0.20 when adjusted against the credit card statement balance.

Other Features and Benefits

Airport Lounge Access
Up to 4 complimentary domestic lounge visits per year, limited to 1 visit per calendar quarter.

Renewal Fee Reversal
Annual card renewal fee is waived if you spend a minimum of Rs. 1.5 lakh in the previous year.

Renewal Bonus
Earn 4,000 reward points upon paying the card renewal fee if the fee reversal condition is not met.

Fuel Benefit
1% fuel surcharge waiver, up to Rs. 400 per month, on fuel spends between Rs. 400 and Rs. 2,000.

Fees and Charges

Particulars

Amount

Joining Fee

Nil

Annual Fee

Rs. 1,000 + applicable taxes

Finance Charges

3.75% per month (45% per annum)

Late Payment Charges

On outstanding balance of –
Up to Rs. 100	Nil
From Rs. 101 to Rs. 500	Rs. 100
From Rs. 501 to Rs. 5,000	Rs. 500
From Rs. 5,001 to Rs. 10,000	Rs. 700
Above Rs. 10,000	Rs. 1,200

Things to Know Before you apply

Get this card if:

You want a basic rewards credit card that also offers domestic airport lounge access.
You can maximize rewards by spending over Rs. 20,000 in a month to earn the additional 4X reward points.
You prefer redeeming reward points for vouchers, products, and offers through the bank’s rewards catalogue to get higher value-back.

Eligibility Criteria

Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history

Document Required For Standard Chartered Rewards Credit Card

Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
Proof of Address: Aadhaar Card, Driver’s License, Passport
Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement

Standard Chartered Rewards Credit Card Hilights

What do we like about this card?

Up to 8X reward points on retail spends (4X base + 4X bonus on spends above Rs. 20,000/month)
1X reward point on insurance and government payments
Bonus 4X rewards capped at 2,000 points per month
4 complimentary domestic airport lounge visits per year (1 per quarter)
1% fuel surcharge waiver up to Rs. 400 per month on fuel spends of Rs. 400–2,000
Renewal fee reversal on spending Rs. 1.5 lakh in the previous year

Pros

Earn up to 8 reward points on every Rs. 150 spent
Free access to domestic airport lounges
No joining fee
Low spend required for annual fee reversal

Cons

Accelerated rewards only after spending Rs. 20,000 per month and capped
Low reward redemption value
Limited benefits on lifestyle categories like dining, movies, and travel

Standard Chartered Bank Credit Card Contact Details

Contact Address: Standard Chartered Bank, Crescenzo Building, C-38/39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India
Helpline: 6601 4444 / 3940 4444 (prefix STD code) 1800 345 1000 (Toll-Free)
Simply SMS: SMS CARD to 9980033333 for card details or application