Standard Chartered Rewards Credit Card

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Standard Chartered has introduced the Standard Chartered Rewards Credit Card, specially designed for those who frequently use their credit card for shopping and everyday expenses. The card has no joining fee, and the Rs. 1,000 annual renewal fee can be waived if you meet the spending requirement from the previous year. It allows you to earn up to 4x Reward Points on purchases, and you can earn an additional 4x Rewards after reaching a monthly spending milestone. Apart from rewards, the card comes with extra benefits like free access to select domestic airport lounges, add-on cards for family members, and the convenience of contactless payments.

This credit card is a great choice for those who want to save more while spending, as it offers a total of up to 8x Reward Points, including base rewards and milestone bonuses. Standard Chartered aims to compete with other popular reward credit cards like the SBI SimplySave Credit Card by offering a strong reward rate and reasonable fees. If you're looking for a simple yet rewarding credit card that helps you earn points on every transaction while also providing useful perks, the SC Rewards Credit Card is definitely worth considering.

Credit Card Detail
Standard Chartered Rewards Credit Card
Joining Fee
Rs. 0.00 +GST
Renewal Fee
Rs. 1000.00 +GST
Best Suited For
Shopping
Reward Type
Cashback
Welcome Benefits
N/A
Apply Now
Rewards Rate
You earn 4 Reward Points for every ₹150 spent on shopping and other regular purchases. For government payments and insurance, you get 1 Reward Point for every ₹150 spent.
Reward Redemption
Each Reward Point (RP) is worth ₹0.25 when redeemed for items from the Rewards catalog. If you choose to use your points to reduce your credit card bill, each RP will be worth ₹0.20.
Movie & Dining
N/A
Travel
You get free access to a domestic airport lounge once every three months.
Golf
N/A
Domestic Lounge Access
You get one free visit to a domestic airport lounge every three months, adding up to four free visits per year.
International Lounge Access
N/A
Insurance Benefits
N/A
Interest Rates
3.75% per month (45% yearly)
Spend-Based Waiver
If you spend ₹1.5 lakhs or more in a year, the renewal fee will be waived.
Rewards Redemption Fee
Rs. 99 + GST
Cash Advance Charges
A fee of 3% of the withdrawn amount applies, with a minimum charge of ₹300.
Foreign Currency Markup
3.50% +GST
Fuel Surcharge
You get a 1% discount on the extra charges when you pay for fuel with your card.
Card Details
  • Earn 4 Reward Points for every ₹150 spent on retail purchases.
  • Get 1 Reward Point per ₹150 spent on government payments and insurance.
  • After spending ₹20,000 in a month, earn extra 4x Reward Points on all purchases.
  • Enjoy one free domestic airport lounge visit every quarter.
  • Save on fuel with a 1% surcharge waiver.
  • Spend ₹1.5 lakh in a year to get the renewal fee waived.
  • Use Reward Points to reduce your outstanding credit card balance.
  • Receive 4,000 Reward Points after paying the annual fee.
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Frequently Asked Questions

No, there is no joining fee, but an annual charge of ₹1,000 applies.

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