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Standard Chartered Platinum Rewards Credit Card Review

standard chartered india review
Viveka Rao
Written by Viveka Rao

Review Of The Standard Chartered Platinum Rewards Card

standard chartered india reviewStandard Chartered offers a choice of three credit cards aimed at maximizing your consumption power, one of them being the Standard Chartered Platinum Reward Card.

Eligibility criteria:

Standard Chartered generally follows industry-standard requirements for its credit cards, with a few lenient elements to make its cards more accessible to people:

  • The Applicant has to be 21-65 years old with a stable monthly income
  • The Applicant should be from a city or location where Standard Chartered Bank’s credit care services are available
  • The applicant needs to have all the necessary documents

Documents needed:

  • Identity Proof: PAN Card, Government ID, Voter ID Card, Passport or others
  • Address Proof: Bank or credit card statement, rental agreement, electricity or utility bill, phone bill, driving license, passport, or any other document that lists your proper residential address
  • Financial Documents: The latest salary slip for salaried professionals; latest IT returns and business continuity proof for self-employed professionals


Now that the eligibility and documentation requirement are clear, let’s take a look at the features of this credit card:

  • Get 5 reward points when you purchase INR 150 of fuel with this card
  • Get 5 reward points when you spend INR 150 at major partner hotels, dining outlets and other locations affiliated with Standard Chartered, both within and outside India
  • Earn two reward points for every INR 150 you purchase on any other categories
  • Stand to win incredible offers on movie tickets, golfing retreats, holidays and more

Special Offers and Benefits

Here is a look at some of the special offers and benefits associated with this card:

  • Swipe five times in the first 60 days to get 1,000 reward points
  • Get another 500 reward points when you register for online banking
  • Zero joining fee and annual fee
  • Credit card bill payment options through a number of channels, including NEFT, netbanking, IBFT, VISA money transfer, ECS, BillDesk and more
  • Up to INR 500 cashback per month and INR 150 per transaction, but you do need to spend at least INR 1,000 per transaction
  • Get up to nine reward points or 6 percent cashback when you use this credit card at Inner Cycle-affiliated stores, like Lifestyle
  • Get 5 percent cashback if you purchase from Auchan stores
  • Earn up to 9 reward points for INR 100 that you spend at Home Centre and Lifestyle outlets, and up to 2 reward points for every INR 100 spent on all transactions
  • Transfer your outstanding card balance to another card to utilize Inner Circle interest rates
  • The availability of a flexible paying program from Standard Chartered Bank that lets you pay only 5 percent of the outstanding payment due on a monthly basis

Fees and Charges

So the Standard Chartered Platinum Rewards card seems like a good bet so far, but you need to be clear of the fees and other charges involved.

Here are some of the fees and charges you may have to pay.

  • A joining fee when you first apply for a credit card. The joining fee is INR 399
  • Zero membership fee after the initial year, but the bank will charge an INR 750 additional yearly membership renewal fee from the second year onwards
  • Zero additional fees, although an INR 750 price is charged if you order for an additional card


CreditSmart Review ⭐️⭐️⭐️⭐️: This is a fantastic card for the right sort of spender. A best in class card you should be glad to have in your pocket.

About the author

Viveka Rao

Viveka Rao

Viveka Rao is post grad in finance and a freelance writer here at CreditSmart. A love for shopping and travel rewards has fueled her interest in personal credit, and making the most of rewards programs. She writes to educate other consumers in making great financial choices.

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