StanC

Standard Chartered Rewards Credit Card

Standard Chartered Rewards Credit Card: a lifetime-free-in-year-one rewards card that earns 4 reward points per ₹150 on all retail spends with no cap on base points, plus an additional 4 bonus reward points per ₹150 once monthly retail spends cross ₹20,000 (bonus capped at 2,000 points per statement cycle), 1 reward point per ₹150 on government and insurance payments, 1 complimentary domestic airport lounge visit every calendar quarter (4 a year) for the primary and the supplementary cardholder individually, a 1% fuel surcharge reversal on fuel transactions of ₹400 to ₹2,000 capped at ₹400 per statement cycle, and redemption on the 360 Rewards portal at 1 reward point = ₹0.25 against the catalogue or ₹0.20 against the statement outstanding — with no joining fee and a ₹1,000 + GST renewal fee from the second year that is reversed on previous-year spends of ₹1,50,000 or more, or that earns 4,000 reward points if paid

ShoppingTravelUtility Bills
Issued by

StanC

Standard Chartered Rewards Credit Card  image
Joining FeeFree
Annual Fee₹1000
Income₹25000
Credit Score720

Key Highlights

Shopping

Earn Up to 8 Reward Points per ₹150 on Monthly Retail

are earned once retail spends cross ₹20,000 in a statement cycle, capped at 2,000 bonus reward points per cycle

Earn Up to 8 Reward Points per ₹150 on Monthly Retail

are earned once retail spends cross ₹20,000 in a statement cycle, capped at 2,000 bonus reward points per cycle

Travel

Enjoy 4 Complimentary Domestic Airport Lounge

Every Calendar year, with no spend condition

Utility Bills

Earn 4 Reward Points per ₹150 on Utility Bill

Payments With No Cap on Base Points

Enjoy 4 Complimentary Domestic Airport Lounge

Every Calendar year, with no spend condition

Eligibility

Age Criteria18-65
Credit Score720
Salaried Income₹3 LPA
Self-employed Income₹3 LPA
Employment TypeSelf Employed, Salaried
New to CreditEligible

Fees & Waivers

Joining FeeFree
Joining Fee OffsetNot Applicable
Annual Fee₹1000
Annual Fee WaiverThe annual fee is waived if you spend ₹1.5 lakh or more in a year on your card, as per bank policy
Estimated Annual Saving₹10000

Rewards & Redemption

Reward Conversion1 Reward point = ₹0.25
Redemption Options
  • 360 Reward Portal
  • Vouchers
Earning ExclusionsFuel, Rent, Disputed Transactions, Finance Charges, Cash Advance, Cash Withdrawal
Spend ExclusionsFuel, Rent, Disputed Transactions, Finance Charges, Cash Advance, Cash Withdrawal

Benefits

All Benefits

  • Earn 4 reward points per ₹150 spent on all retail transaction categories, with no cap on base reward points
  • an additional 4 bonus reward points per ₹150 once retail spends cross ₹20,000 in a statement cycle, with bonus points capped at 2,000 per statement cycle up to 8 reward points per ₹150 in total on spends above that threshold
  • Government payments and insurance payments earn 1 reward point per ₹150
  • 1 complimentary domestic airport lounge visit per calendar quarter (4 a year) through the Mastercard Domestic Lounge program

Airport Lounge Benefits

  • 1 complimentary domestic airport lounge visit per calendar quarter, that is 4 visits a year 

Fuel Surcharge Waiver Benefits

  • 1% fuel surcharge reversal on minimum transaction amount of ₹400 and maximum transaction amount of ₹2000 The surcharge reversal is capped at ₹400

Documents

PAN Card
Aadhaar Card or valid address proof
Latest salary slips or income proof
Recent bank statements

Terms

The bank may offer a different card variant based on your eligibility; please carefully review the features and benefits of the card offered before submitting your application
A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card, failing which you will not be eligible for rewards