Standard Chartered Platinum Rewards Credit Card Review
The Standard Chartered Platinum Rewards is a low-fee card built around accelerated, uncapped rewards on two everyday categories — dining and fuel. For someone who spends regularly on those, it’s a cheap, focused earner. Here is the verified review.
- 5X reward points on dining and fuel
- No monthly cap on those bonus rewards
- Very low ₹250 fee, easily waived
- Dial-a-Loan EMIs (up to ₹5 lakh, zero processing)
- Balance transfer facility; free supplementary cards
- Only 1 point/₹150 on non-dining/fuel spends
- No lounge access
- Reward value depends on redemption
- Focused card — not an all-rounder
- Redemption/forex charges apply
Fees & rewards
| Item | Detail |
|---|---|
| First-year fee | ₹250 (waived on ₹500 spend in 30 days) |
| Renewal fee | ₹250 from year 2 |
| Dining & fuel | 5X reward points (5 per ₹150, no cap) |
| Other spends | 1 point per ₹150 |
| Dial-a-Loan | Convert up to ₹5,00,000 into EMIs (zero processing) |
| Supplementary cards | Free |
Eligibility & documents
Age
18 to 65 years
Income
Per SC norms
Recommended CIBIL
~720+
Network
Visa / Mastercard
Best for
Regular dining & fuel spenders
Documents
PAN, Aadhaar, income & address proof
Who this card is for
- Best fit: people who spend regularly on dining and fuel and want a cheap, uncapped earner.
- Skip if: you want lounge access or a strong all-round rewards card.
How to apply & how to cancel
Apply: via sc.bank.in. Cancel: call SC customer care after clearing dues; redeem points first.
Final verdict
The SC Platinum Rewards is a focused, low-cost card: uncapped 5X on dining and fuel for a ₹250 fee that waives on a token spend, plus useful EMI and balance-transfer tools. If those two categories are a big part of your spending, it’s excellent value; otherwise the 1-point base rate makes it a secondary card.
Frequently asked questions
What earns 5X reward points?
Dining and fuel spends — 5 points per ₹150, with no monthly cap.
What is the fee?
₹250 in the first year (waived on ₹500 spend in 30 days) and ₹250 from the second year.
Can I convert spends to EMIs?
Yes — the Dial-a-Loan feature converts outstanding up to ₹5,00,000 into EMIs with zero processing fee.
Is there lounge access?
No — this card does not include complimentary lounge access.
Data current as of June 2026, cross-checked against Standard Chartered India and aggregator pages. Confirm current terms on sc.bank.in before applying.