"SC's premium card โ 3.33% rewards on ALL spends including utilities and insurance, 1 RP = โน1, low 2% forex markup and monthly golf benefits"
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Quick Summary
๐ณ Joining Fee
โน5,000 + GST
๐ Renewal Fee
โน5,000 + GST
Waived: 6,000 bonus RPs worth โน6,000 on card activation effectively offsets first year fee; 5,000 bonus RPs worth โน5,000 on renewal partially offsets renewal fee
๐ฏ Best Suited For
High spenders wanting flat 3.33% rewards on ALL categories including utilities, insurance, education and government โ categories most premium cards exclude; those who prefer 1 RP = โน1 redemption simplicity and 2% forex for international use; golfers who play monthly
๐ Reward Type
360 Degree Reward Points (1 RP = โน1 for redemption at SC 360 Rewards portal โ significantly higher than typical โน0.25 per RP; RPs valid 3 years)
๐ Welcome Benefit
6,000 Reward Points worth โน6,000 on card activation โ effectively covers entire joining fee; 5% cashback on duty-free purchases up to โน1,000 per quarter
๐ฐ Reward Rate
5 RPs per โน150 on all eligible retail spends (3.33% effective since 1 RP = โน1); includes utilities, insurance, education, government transactions; excludes only fuel, cash advances, disputed and returned purchases; 6,000 bonus RPs on activation worth โน6,000; 5,000 bonus RPs on renewal worth โน5,000; RPs valid 3 years
โ๏ธ Lounge Access
12 complimentary domestic lounge visits per year (1 per month) on spending โน20,000 in previous calendar month; 1 international lounge visit per month via Priority Pass on โน20,000 previous month spend; Priority Pass membership complimentary
๐ฑ Forex Markup
2% on international transactions โ among the lowest for premium cards in India
Some users report redemption difficulties โ check current SC portal quality
๐ Rewards & Benefits
Reward Type
360 Degree Reward Points (1 RP = โน1 for redemption at SC 360 Rewards portal โ significantly higher than typical โน0.25 per RP; RPs valid 3 years)
Welcome Benefits
6,000 Reward Points worth โน6,000 on card activation โ effectively covers entire joining fee; 5% cashback on duty-free purchases up to โน1,000 per quarter
Reward Rate
5 RPs per โน150 on all eligible retail spends (3.33% effective since 1 RP = โน1); includes utilities, insurance, education, government transactions; excludes only fuel, cash advances, disputed and returned purchases; 6,000 bonus RPs on activation worth โน6,000; 5,000 bonus RPs on renewal worth โน5,000; RPs valid 3 years
Reward Redemption
SC 360 Degree Rewards portal: 1 RP = โน1 for vouchers from select brands; electronic products; travel bookings; statement credit (value may be lower than โน1 per RP for statement credit โ verify on SC website); RPs valid 3 years. Note: Redemption catalogue has been reduced in recent years โ verify current brands before applying
Fuel Surcharge Waiver
1% fuel surcharge waiver at all fuel stations; maximum โน1,000 per calendar month (โน12,000 per year โ very high cap)
Lounge Access
12 complimentary domestic lounge visits per year (1 per month) on spending โน20,000 in previous calendar month; 1 international lounge visit per month via Priority Pass on โน20,000 previous month spend; Priority Pass membership complimentary
Spend Based Fee Waiver
No formal spend-based fee waiver; welcome and renewal bonus RPs partially offset the fee
Milestone Benefits
6,000 bonus RPs on joining (โน6,000 value); 5,000 bonus RPs on renewal (โน5,000 value); 5% cashback on duty-free (max โน1,000 per quarter); lounge access on โน20K monthly spend
Other Benefits
Golf: 1 complimentary round per month plus 1 coaching session per month at select Indian courses via Mastercard World golf benefit (12 rounds plus 12 lessons per year); 5% cashback on duty-free purchases; low 2% forex markup for international travel; concierge; travel insurance; Mastercard World acceptance
โจ Special Perks & Exclusive Offers
Memberships
Priority Pass (lounge access with โน20K monthly spend condition)
Insurance Cover
Air accident insurance; travel insurance (baggage, delay); zero liability on timely reporting
Add-on Cards
Add-on cards for family
Concierge Services
24x7 concierge services via Standard Chartered
Special Offers
6,000 RPs welcome worth โน6,000; 1 golf round plus coaching per month; 5% duty-free cashback; 2% forex markup; 1 RP = โน1
๐ณ Fees & Interest Rates
Joining Fee
โน5,000 + GST
Annual Fee / Renewal Fee
โน5,000 + GST โ Waived on: 6,000 bonus RPs worth โน6,000 on card activation effectively offsets first year fee; 5,000 bonus RPs worth โน5,000 on renewal partially offsets renewal fee
Interest Rate (APR)
๐กPay your balance in full each month and this never applies to you.
3.75% per month (45% per annum)
ATM Cash Withdrawal / Cash Advance
3% of withdrawn amount, minimum โน300
Late Payment Charges
As per Standard Chartered prevailing slab
Over Limit Charges
As per Standard Chartered policy
Cheque Bounce / Auto-Debit Return
Details coming soon
Foreign Currency Markup
2% on international transactions โ among the lowest for premium cards in India
Other Charges
Lounge access requires โน20,000 monthly spend; SC 360 Rewards catalogue has been reduced โ verify current brands before applying; select cities only; high interest rate 3.75% per month; some users report redemption difficulties โ check current SC portal quality
๐ Eligibility & Credit Limit
Eligibility Criteria
Age 21 to 65 years; minimum annual income โน24 lakh (โน2 lakh per month salaried); Indian resident; strong credit history; select city availability
Credit Score Requirement
750+ CIBIL recommended
Credit Limit
Typically โน3 to โน10 lakh based on income and SC relationship
๐ EMI, Balance Transfer & Debt Management
EMI Conversion
Available on transactions above โน5,000; flexible tenures
Balance Transfer Facility
Available from other bank credit cards
Balance Transfer Interest Rate
As per Standard Chartered prevailing rates
Balance Transfer Charges
Details coming soon
๐ Security & Fraud Protection
Card Block Feature
Instant block via SC Mobile app or customer care
Instant Fraud Alerts
Real-time alerts; dedicated monitoring
Purchase Protection
Zero liability on timely reporting; travel insurance covers
Virtual Card Numbers
Details coming soon
Zero Liability Protection
Zero liability after timely reporting
๐ Customer Service & Digital Experience
Phone Support
1800-267-8282 (toll-free); standard helpline on card (24x7)
Chat / Email Support
Chat via Standard Chartered India website and SC Mobile app
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