Standard Chartered Bank has operated in India since 1858, establishing itself as the largest foreign bank by branch network and employee count. As of February 2026, the bank manages over 6.5 lakh active credit cards, positioning IT as the third-largest foreign card issuer in the country.
| Parameter | Details |
|---|---|
| Bank Name | Standard Chartered Bank |
| Presence in India | Operational since 1858; largest foreign bank by branch network and employees |
| Credit Card Portfolio (as of Feb 2026) | Over 6.5 lakh active credit cards |
| Market Position (as of Feb 2026) | Third-largest foreign card issuer in India |
| Strategic Shift (by end of 2026) | Selling 450,000 Indian credit cards to Federal Bank to focus on wealth business |
| Credit Card Categories | Rewards, Cashback, Shopping, Travel, Lifestyle, Premium, Super-Premium |
| Key Programs/Features | Good Life programme (discounts), Kuch Bhi on EMI, Dial-a-loan, VKYC |
| Loan on Credit Card (Dial-a-loan) | Up to ₹10 Lakh; tenure 12-60 months; interest from 0.99% per month |
| Interest-Free Period | Up to 18-23 days |
| Foreign Currency Markup Fee | 2% (on Standard Chartered Credit Cards) |
| Maximum Contactless Transaction | ₹5,000 |
| Air Accidental Coverage (Premium Card) | ₹1.2 crore |
| Medical Insurance Coverage (Premium Card) | USD 25,000 |
| Golf Course Access (Premium Card) | 20 in India, 150 worldwide |
| Dining Discounts | Up to 25% at partner restaurants in India |
| Minimum CIBIL Score for Application | 750 |
| Minimum Age for Application | 21 years |
| Card Delivery Time | Approximately 10 working days |
| Customer Service Contact Numbers | Starting with 1600 (service/transactional calls) |
| Promotional Call Contact Numbers | Starting with 1400 |
| AMFI ARN Code | 1209 |
Standard Chartered offers a diverse credit card portfolio, catering to various spending habits with benefits across travel, shopping, and lifestyle categories.
Standard Chartered Credit Card Types
Standard Chartered Bank offers a diverse portfolio of credit cards in India, catering to various spending habits and lifestyle needs. As of 2026, the bank is the third-largest foreign card issuer in India, with over 6.5 lakh active credit cards. These cards provide benefits across categories like travel, shopping, cashback, and fuel.
| Type/Category | Key Feature | Target User |
|---|---|---|
| Cashback Credit Cards | Direct cashback on online and offline spends without merchant or category restrictions. | Customers who prefer online shopping and seek rewards on utilities, gas, electricity, and general spends. |
| Reward Credit Cards | Earn reward points across multiple categories, redeemable through the Standard Chartered rewards portal. | Cardholders looking to save on various spends by accumulating and redeeming reward points. |
| Travel Credit Cards | Co-branded travel benefits, discounts on travel bookings (hotels, flights, bus tickets), and Emirates Skywards Miles. | Frequent travelers and those seeking benefits like lounge access and lower forex mark-up. |
| Premium Credit Cards | High reward rates, low forex mark-up (e.g., 2%), access to golf sessions/coaching (up to 12 complimentary rounds annually), lounge access, air accidental coverage (₹1.2 crore), and medical insurance (USD 25,000). | High-spenders seeking top-tier privileges, luxury lifestyle benefits, and full insurance coverage. |
| Shopping & Lifestyle Credit Cards | Discounts and offers across dining, shopping, and travel under the ‘Good Life’ programme. | Shoppers and individuals looking for discounts and offers on everyday lifestyle expenses. |
| Entry-Level Credit Cards | Cashback on all online and offline spends, decent reward points on specific categories (e.g., 5x on dining and fuel for Platinum Rewards). | New credit card users or those seeking basic benefits without high annual fees. |
| Super-Premium Credit Cards | Offers 3.33% value-back across multiple spending categories, including utilities, insurance, and education. 5% cashback on duty-free purchases. | High-spenders who prefer redemption through vouchers and merchandise over air mile conversion. |
| Lifetime Free Credit Cards | No annual fee, with potential for waiver of joining fee on initial spend. | Customers looking for a credit card without recurring annual charges. |
| Standard Chartered Platinum Rewards Credit Card | Earns 6,000 reward points (worth ₹6,000) on joining fee payment, 5X points on dining and fuel spends. | Individuals seeking accelerated rewards on common spending categories, with a lifetime free option. |
| Standard Chartered Super Value Titanium Card | Offers 5% cashback on fuel spends. | Cardholders prioritizing savings on fuel expenses. |
| Standard Chartered Smart Credit Card | Comes with a ₹0 total fee. | Users seeking a basic credit card with no joining or annual fees. |
| Emirates World Credit Card | Annual membership fee of ₹3,000. | Travelers who value Emirates Skywards Miles and associated travel benefits. |
Standard Chartered credit cards are designed to meet diverse financial needs, from daily cashback to exclusive premium travel and lifestyle benefits. The bank also offers a ‘Dial-a-loan’ facility on credit cards, allowing loans up to ₹10 lakh with tenures from 12 to 60 months.
Standard Chartered Credit Card Benefits
Standard Chartered credit cards offer diverse benefits across categories like travel, shopping, and dining, catering to varied customer needs. As of 2026, the bank is the third-largest foreign card issuer in India, with over 6.5 lakh active credit cards.
- Reward Points: Many cards, like the Lifetime Free Platinum Rewards Credit Card, offer accelerated reward points. You can earn 5X reward points on every ₹150 spent on fine dining and fuel.
- Cashback Offers: Cards such as the Standard Chartered Super Value Titanium provide specific cashback benefits, including 5% cashback on fuel purchases.
- Good Life Programme: All Standard Chartered credit cards grant access to the “Good Life Programme,” offering discounts of up to 25% on dining, shopping, and travel across India.
- Loan on Credit Card: The ‘Dial-a-loan’ feature allows cardholders to avail a loan of up to ₹10 lakh on their credit card. This loan comes with flexible tenures ranging from 12 to 60 months, with interest rates starting from 0.99% per month.
- Premium Travel Benefits: Premium credit cards include air accidental coverage of ₹1.2 crore and medical insurance up to USD 25,000. These cards also offer access to 20 premier golf courses in India and 150 worldwide.
- Interest-Free Period: Standard Chartered credit cards provide an interest-free period of up to 18-23 days, allowing users to manage their finances effectively.
- Global Network Access: Standard Chartered Bank’s presence across 24 markets offers global reach and local insights, supporting cardholders’ lifestyles across borders.
These benefits are designed to provide significant savings and convenience, the overall cardholder experience for various spending habits.
Standard Chartered Credit Card Fees & Charges
Standard Chartered credit cards in India carry various fees, with monthly interest rates around 3.75% (45.00% APR) and foreign transaction mark-up at 3.5%. Most cards also have annual fees starting from ₹350, though some are lifetime free or offer fee waivers based on spending.
| Charge Type | Amount (Rs.) | Details |
|---|---|---|
| Monthly Interest Rate | 3.75% pm | Annualized to an APR of 45.00% for all Standard Chartered Credit Cards. |
| Foreign Currency Exchange Mark-up Fee | 3.5% | Of the transaction amount for credit card forex. |
| Overlimit Fee | ₹500 or 2.5% | ₹500 per instance or 2.5% of the over limit amount, whichever is higher. |
| Late Payment Fee (Balance > ₹25,000) | ₹1,200 | Applicable if the outstanding balance exceeds ₹25,000. |
| Bonus Fee for Consecutive Missed Payments | ₹100 | Levied if the minimum payment is not made for two consecutive months. |
| Credit Card EMI Processing Fee | 1.5% | For converting purchases over ₹2,000 into EMIs, with interest from 0.99% per month. |
| Annual Fees | Starting from ₹350 | Varies by card, based on features and benefits offered. |
| Rewards Redemption Fee | ₹99 | Charged per redemption, with a minimum of 1,000 reward points required. |
| Emirates World Credit Card Annual Fee | ₹3,000 | Specific annual membership fee for the Emirates World credit card. |
| Standard Chartered Platinum Rewards Credit Card | ₹0 | This card is lifetime free with no annual charges. |
| Priority Visa Infinite Credit Card Overseas Transaction Fee | 3.5% of amount | Applicable for transactions made overseas. |
| Priority Visa Infinite Credit Card Merchant Overseas (in India) Transaction Fee | 1% transaction fee | For transactions at merchants registered overseas but located in India. |
| Rewards Credit Card Renewal Fee Waiver | Waived | Waived for the next year if spending ₹1,50,000 or above in a calendar year. |
Understanding these charges is for managing your credit card effectively and avoiding unexpected costs, especially for international transactions or missed payments.
Standard Chartered Credit Card Eligibility
To apply for a Standard Chartered credit card in India, applicants must be between 21 and 64 years of age. The bank uses a Video KYC (VKYC) process for online applications, simplifying identity verification.
- Age Criteria: The minimum age for a primary cardholder is 21 years, and the maximum age is 64 years.
- Income Requirements: Standard Chartered sets specific minimum income thresholds, which vary by card type and are subject to the bank’s internal policies.
- Credit Score: A strong CIBIL score, typically 750 or higher, significantly improves approval chances and may unlock better card offers.
- Employment Status: Both salaried and self-employed individuals are eligible, provided they meet the bank’s income and stability criteria.
- Residency: Applicants must be residents of India with a valid Indian address.
- Documentation: Required documents include identity proof (PAN card, Aadhaar), address proof, and income proof (salary slips, bank statements, ITR).
The approval process for a Standard Chartered credit card typically takes about 9 days, assuming all submitted documents and details align with the bank’s guidelines.
How to Apply for SC Credit Card
Applying for a Standard Chartered credit card in India is a streamlined process, primarily online, with most approvals taking approximately 9 days if all documentation is in order. The bank utilizes Video KYC (VKYC) for a contactless application experience, ensuring convenience for applicants.
To apply for a Standard Chartered credit card, follow these steps:
- Visit the Official Website: to the Standard Chartered Bank India credit card section to explore available card options for 2026. Review the features and benefits of each card type, such as cashback, rewards, or travel benefits, to select the most suitable one.
- Check Eligibility Criteria: Ensure you meet the minimum age of 21 years and maximum age of 64 years, along with specific income requirements for your chosen card. For employees, a salary slip is required, while self-employed individuals need to provide ITR or business proof.
- Complete the Online Application Form: Fill out the digital application form with accurate personal, financial, and employment details. This includes your PAN, Aadhaar, and other KYC documents.
- Undergo Video KYC (VKYC): Complete the mandatory Video KYC process from your home. This verifies your identity and documents remotely, making the application fully digital and contactless.
- Document Submission: Upload necessary documents such as identity proof (PAN card, Aadhaar card), address proof (utility bills, passport), and income proof (salary slips, bank statements, ITR). The bank may request additional documents if needed.
- Application Review and Approval: Standard Chartered Bank reviews your application and submitted documents. Approval for cards like the Priority Visa Infinite Credit Card can take around 9 days, provided all details align with bank guidelines.
- Card Issuance and Activation: Once approved, your credit card will be delivered within approximately 10 working days. Activate the card within 30 days of issuance, as per RBI guidelines, to begin using its features and benefits.
The bank also offers a ‘Dial-a-loan’ facility on credit cards, allowing approved cardholders to avail loans up to ₹10 lakh with tenures ranging from 12 to 60 months, with interest rates starting from 0.99% per month.
SC Credit Card Vs. Federal Bank
Standard Chartered is selling a portfolio of 450,000 Indian credit cards to Federal Bank, with the deal expected to close by the end of 2026. This strategic move allows Standard Chartered to focus on wealth management, while Federal Bank expands its retail credit franchise in India.
| Parameter | Standard Chartered | Federal Bank (Acquired Portfolio) |
|---|---|---|
| Credit Card Portfolio Sale | Selling 450,000 Indian credit cards | Acquiring 450,000 Indian credit cards |
| Deal Closure Expectation | Expected by end of 2026 | Expected by end of 2026 |
| Strategic Focus | Shifting to wealth business and multi-product relationships | Expanding retail credit franchise, footprint in tier-1 cities |
| Portfolio Valuation | Around 1.5 to 1.6 times implied equity | Around 1.5 to 1.6 times implied equity |
| Active Credit Cards (as of Feb/March 2026) | 6.5 lakh active cards (Feb 2026); 6.38 lakh outstanding (March 2026) | Acquiring 450,000 cards; over 2 million customers before acquisition |
| Previous Non-Core Business Sales | Sold India personal loan business to Kotak Mahindra Bank (valued at $488 million) | N/A |
| Minimum Age for Credit Card | 21 years | 21 years (standard for most banks) |
| Maximum Age for Credit Card | 64 years | 64 years (standard for most banks) |
| Monthly Interest Rate (APR) | 3.49% p.m. (41.88% APR) | Varies by card and customer profile |
| Overseas Transaction Fee (Priority Visa Infinite) | 3.5% of amount | Varies by card and bank policy |
| Foreign Currency Markup Fee | 2% (on Standard Chartered Credit Cards) | Varies by card and bank policy |
| Minimum CIBIL Score | 750 | 750 (standard for most banks) |
This acquisition will significantly boost Federal Bank’s presence in the Indian credit card market, while Standard Chartered streamlines its operations for a more focused approach.
Standard Chartered Good Life Program
The Standard Chartered Good Life Program offers cardholders exclusive discounts and offers across various categories. This program helps users save on dining, shopping, and travel expenses in India.
- Dining Offers: Cardholders can access discounts at partner restaurants nationwide, their dining experiences.
- Shopping Benefits: The program provides special deals and cashback offers at various retail outlets and online stores.
- Travel Privileges: Users benefit from discounts on travel bookings, including flights and hotels, through partner platforms.
- Lifestyle Deals: Beyond core categories, the program includes offers on entertainment, wellness, and other lifestyle services.
- Exclusive Access: Certain premium cards may offer d benefits like early access to sales or special events.
This program is designed to provide tangible savings and value to Standard Chartered credit card users across India.
Key Takeaways
- The Standard Chartered Good Life Program provides discounts on dining, shopping, and travel.
- IT aims to offer tangible savings and value to credit card users in India.
- Benefits include exclusive access to deals and special offers across various lifestyle categories.
Review the specific benefits associated with your Standard Chartered credit card on the official bank website to maximize savings.
Frequently Asked Questions (FAQs)
What types of credit cards does Standard Chartered offer in India?
Standard Chartered offers diverse credit cards in India, catering to various spending habits and lifestyle needs. These include cards for cashback, accelerated rewards on categories like travel and shopping, and premium benefits such as lounge access and lower forex mark-up. The bank designs cards to meet varying customer requirements across multiple categories.
Can I get a loan on my Standard Chartered credit card in India?
Yes, you can avail a ‘Loan on Credit Card’ through Standard Chartered’s ‘Dial-a-loan’ offer. You can get a loan of up to ₹10 lakh with flexible tenures ranging from 12 to 60 months. This feature allows you to convert your credit card purchases into EMIs.
What is the ‘Kuch Bhi on EMI’ feature for Standard Chartered credit cards?
The ‘Kuch Bhi on EMI’ feature allows you to convert your credit card purchases above a certain amount into easy monthly installments. This helps manage large expenses by spreading the cost over a chosen tenure. IT is a convenient way to make high-value purchases more affordable.
How can I complete KYC for a Standard Chartered credit card application?
You can complete your KYC for a Standard Chartered credit card application through Video KYC (VKYC). This feature allows you to complete the verification process remotely from your home. VKYC makes the application process simpler and entirely contactless.
What is the ‘Standard Chartered Good Life programme’ for credit cardholders?
The ‘Standard Chartered Good Life programme’ offers a host of discounts and offers across various categories for credit cardholders. These benefits include deals on dining, shopping, and travel. IT provides added value and savings for card users on their everyday spending.
Will Standard Chartered continue to offer credit cards in India in 2026?
Standard Chartered is shifting its focus towards wealth management in India, as evidenced by its agreement to sell a portfolio of 450,000 Indian credit cards to Federal Bank. This deal is expected to close by the end of 2026. While some portfolios are being sold, Standard Chartered continues to offer credit cards and other banking services.
How do I redeem reward points accumulated on my Standard Chartered credit card?
You can redeem your accumulated reward points through the Standard Chartered rewards portal. The portal offers various categories for redemption, allowing you to choose rewards that best suit your preferences. This provides flexibility in utilizing your earned points.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.