The Standard Chartered Platinum Rewards Credit Card is a popular entry-level card in India, designed to maximize rewards on everyday spending. As of 2026, IT offers 5X reward points on dining and fuel, making IT attractive for users who frequently spend in these categories. Standard Chartered is the 3rd largest foreign card issuer in India, with over 6.5 lakh active credit cards as of February 2026 (Source: Card Insider).
| Parameter | Details |
|---|---|
| Card Type | Entry-level rewards credit card |
| Primary Benefits | Rewards on dining and fuel spends |
| Reward Points on Dining & Fuel | 5X reward points (5 points per ₹150 spent) |
| Reward Points on Other Spends | 1X reward point (1 point per ₹150 spent) |
| Value of 5 Reward Points | ₹1.25 (as of 2026) |
| Value of 1 Reward Point | ₹0.25 (25 paise, as of 2026) |
| Reward Rate (Dining & Fuel) | 0.83% (as of 2026) |
| Reward Rate (Other Purchases) | 0.16% (as of 2026) |
| Monthly CAP on Rewards | No monthly CAP on earned reward points |
| Joining Fee | ₹250 + GST (one-time) |
| Annual Fee | ₹250 + GST |
| Annual Fee Waiver Criteria | Spend ₹1,50,000 or above in a calendar year |
| Monthly Interest Rate (APR) | 3.75% p.m. (Annualized Percentage Rate 45%) |
| Processing Fee on Rental Payments | 1% + applicable taxes |
| Dining Offers | 15% off at 850 participating restaurants in India (Good Life Programme) |
| Fuel Surcharge Waiver | 1% at HPCL Pumps |
| Loan Features | Dial-a-Loan (up to ₹5 Lakhs, 12-60 months tenure), Kuch Bhi EMI (convert purchases > ₹5,000) |
| Minimum Monthly Income Requirement | ₹32,500 (for both self-employed and salaried applicants) |
| Application Process | Online (with VKYC) or Offline (branch visit) |
| Add-on Card Availability | Yes (subject to primary cardholder approval and KYC) |
| Contactless Payment Limit | ₹5,000 per single transaction without PIN |
| ET Now News Advisor Rating (Rewards Category) | 3.5/5 (as of 2026) |
This card is ideal for individuals seeking consistent rewards on common expenses, with a clear fee waiver criterion. The 5X reward points on dining and fuel translate to a higher value-back for specific spending patterns.
Standard Chartered Platinum Rewards Credit Card in India: Types, Categories & Key Components Explained
The Standard Chartered Platinum Rewards Credit Card is an entry-level card in India, offering 5X reward points on dining and fuel spends for every ₹150 spent, with no monthly CAP on rewards. This card focuses on lifestyle benefits, including discounts at over 850 participating restaurants under the Good Life Programme as of 2026.
| Type/Category | Details | Key Feature |
|---|---|---|
| Standard Chartered Platinum Rewards Credit Card | Entry-level card designed for lifestyle shopping, dining, and fuel spends. | 5X reward points on dining and fuel spends (5 points per ₹150), 1X reward point on other spends (1 point per ₹150), no monthly CAP on rewards. |
| Online Transaction Security | Offers d security for online transactions. | 3D secure OTP verification for online purchases. |
| Financial Flexibility Options | Provides various financial flexibility options for cardholders. | Dial-a-Loan feature (up to ₹5 Lakhs loan with 12-60 months tenure), Kuch Bhi EMI (convert purchases above ₹5,000 into EMIs). |
| Good Life Programme Benefits | Cardholders receive benefits under the ‘Good Life Programme’. | 15% off at 850 participating restaurants in India. |
| Application Process | Simplified application process for new cardholders. | Online application with Video KYC, available for both salaried and self-employed individuals. |
| Reward Redemption | Options for redeeming accumulated reward points. | Redeem reward points against the Standard Chartered 360° Rewards online catalogue. |
| Fees and Waivers | Details on associated costs and potential waivers. | Joining fee of ₹250 + GST, annual fee waiver on spending ₹1.5 lakh in the previous year. |
| Additional Card Benefits | Provision for supplementary cards for family members. | Supplementary credit cards for family members without additional payment. |
| Fuel Benefits | Specific benefits related to fuel purchases. | 1% fuel surcharge waiver at HPCL Pumps. |
| Airport Lounge Access | Complimentary access to select airport lounges. | One complimentary access to select airport lounges in India each quarter. |
| Monthly Interest Rate (APR) | Applicable interest rate on outstanding balances. | 3.75% per month (45% Annualized Percentage Rate). |
| Processing Fee on Rental Payments | Charges for making rental payments using the card. | 1% + applicable taxes. |
| Reward Points Value | Monetary value of earned reward points. | 1 reward point is valued at ₹0.25 (25 paise). |
| Dining and Fuel Reward Rate | Effective reward rate for dining and fuel expenditures. | 0.83% (based on 5 points per ₹150 spent). |
| General Spends Reward Rate | Effective reward rate for all other card purchases. | 0.16% (based on 1 point per ₹150 spent). |
| Contactless Payment Limit | Maximum transaction amount for contactless payments without a PIN. | ₹5,000 for a single transaction. |
| Minimum Income Requirement | Required monthly income for card eligibility. | ₹32,500 per month for both salaried and self-employed individuals. |
The card’s structured reward program and financial flexibility features like Dial-a-Loan make IT suitable for individuals seeking value on everyday spending, particularly in dining and fuel categories.
Standard Chartered Platinum Rewards Credit Card in India: Key Statistics & Data Points for 2026
The Standard Chartered Platinum Rewards Credit Card offers 5x reward points on dining and fuel spends, making IT a popular choice for lifestyle purchases in India. As of February 2026, Standard Chartered ranks as the 3rd largest foreign card issuer in India, with over 6.5 lakh active credit cards.
| Metric | Value | Source |
|---|---|---|
| Active Credit Cards (Standard Chartered, India) | 6.5 lakh+ (as of February 2026) | Card Insider |
| Ranking Among Foreign Card Issuers in India | 3rd largest (as of 2026) | Card Insider |
| Reward Points on Dining & Fuel Spends | 5x for every ₹150 spent | Standard Chartered Official Website |
| Reward Points on Other Expenditures | 1x for every ₹150 spent | Standard Chartered Official Website |
| Monthly CAP on Earned Rewards | No monthly CAP | Standard Chartered Official Website |
| Value of 5 Reward Points | ₹1.25 | Standard Chartered Official Website |
| Value of 1 Reward Point | ₹0.25 (25 paise) | Standard Chartered Official Website |
| Reward Rate (Dining, Fuel) | 0.83% | Standard Chartered Official Website |
| Reward Rate (All Other Purchases) | 0.16% | Standard Chartered Official Website |
| Joining Fee | ₹250 + GST | Standard Chartered Official Website |
| Annual Fee | ₹250 | Standard Chartered Official Website |
| Annual Fee Waiver Condition | Spend ₹1.5 lakh or above in a calendar year | Standard Chartered Official Website |
| Monthly Interest Rate (APR) | 3.75% p.m. | Standard Chartered Official Website |
| Annualized Percentage Rate (APR) | 45% | Standard Chartered Official Website |
| Processing Fee on Rental Payments | 1% + applicable taxes | Standard Chartered Official Website |
| Fuel Surcharge Waiver | 1% (at HPCL Pumps) | Standard Chartered Official Website |
| Dining Discount (Good Life Programme) | 15% off at 850+ participating restaurants in India | Standard Chartered Official Website |
| Maximum Contactless Payment Without PIN | ₹5,000 (single transaction) | Standard Chartered Official Website |
| Dial-a-Loan Feature (Max Amount) | Up to ₹5 lakh | Standard Chartered Official Website |
| Dial-a-Loan Repayment Tenure | 12 to 60 months | Standard Chartered Official Website |
| Kuch Bhi EMI Feature (Min Purchase) | ₹5,000 | Standard Chartered Official Website |
| EMI Interest Rate (Standard Chartered Credit Cards) | 0.99% p.m. | Standard Chartered Official Website |
| GST on Banking Products & Services | 18% (effective July 1, 2017) | Standard Chartered Official Website |
The card’s reward structure prioritizes dining and fuel, offering a higher earning rate compared to general retail spends, with no monthly CAP on rewards accumulation.
How Standard Chartered Platinum Rewards Credit Card in India Works: Process, Steps & Key Details
Applying for the Standard Chartered Platinum Rewards Credit Card in India involves a streamlined process, often including Video KYC (VKYC) for convenience. This card is designed to reward users primarily on dining and fuel spends, offering 5X reward points on these categories for every ₹150 spent as of 2026.
The card also provides a 15% discount at over 850 participating restaurants under the Good Life Programme, its value for frequent diners.
- Application Process: Applicants can apply online via the Standard Chartered website or by visiting a branch. The online application often includes a VKYC option, allowing for remote identity verification.
- Eligibility Criteria: While specific income requirements apply, a minimum monthly income of ₹32,500 is generally expected for both salaried and self-employed individuals. The primary cardholder’s age, income, and credit score determine eligibility for add-on cards.
- Required Documents: Standard KYC documents are necessary, including identity proof (PAN card, Aadhaar card), address proof, and income proof (salary slips, bank statements, ITR).
- Joining and Annual Fees: The card carries a one-time joining fee of ₹250 + GST and an annual fee of ₹250. This annual fee can be waived if the cardholder spends ₹1.5 lakh or more in a calendar year.
- Reward Point Structure: Cardholders earn 5 reward points for every ₹150 spent on dining and fuel, with no monthly CAP. For all other expenditures, 1 reward point is earned per ₹150 spent.
- Reward Redemption: Accumulated reward points can be redeemed through the bank’s 360° Rewards Program via the online catalogue or Phone Banking. Redeemed rewards or packages typically reach the customer’s billing address within 10 working days.
- Interest Rates and Charges: The monthly interest rate is 3.75% p.m., translating to an Annualized Percentage Rate (APR) of 45%. A processing fee of 1% + applicable taxes applies to rental payments made via the card.
- Additional Card Features: The card offers d online transaction security with 3D secure OTP verification. Users can also avail of features like ‘Dial-a-Loan’ for up to ₹5 lakh with tenures from 12 to 60 months, and ‘Kuch Bhi EMI’ for purchases above ₹5,000.
Understanding these operational details helps cardholders maximize the benefits and manage the Standard Chartered Platinum Rewards Credit Card effectively in India.
Standard Chartered Platinum Rewards Credit Card in India: Benefits, Advantages & Why Students Choose IT
The Standard Chartered Platinum Rewards Credit Card offers significant benefits for dining and fuel spends, providing 5X reward points for every ₹150 spent in these categories. As of 2026, cardholders also receive 1X reward points on all other expenditures, with no monthly CAP on earned rewards.
This card is popular among individuals seeking value on everyday spending, especially with its 15% discount at over 850 participating restaurants in India under the Good Life Programme.
- Accelerated Rewards: Cardholders earn 5 reward points for every ₹150 spent on dining and fuel, translating to a 0.83% reward rate in these categories (Source: Standard Chartered, 2026).
- General Spends: For all other purchases, the card offers 1 reward point for every ₹150 spent, providing a 0.16% reward rate (Source: Standard Chartered, 2026).
- Dining Discounts: Enjoy a 15% discount at 850 participating restaurants across India through the Good Life Programme, savings on dining experiences.
- Fuel Surcharge Waiver: A 1% fuel surcharge waiver is available at HPCL pumps, making fuel purchases more economical (Source: Standard Chartered, 2026).
- Annual Fee Waiver: The annual fee of ₹250 + GST is waived if the cardholder spends ₹1.5 lakh or more in a calendar year (Source: Standard Chartered, 2026).
- EMI Conversion: Purchases above ₹5,000 can be converted into easy EMIs using the Kuch Bhi EMI feature via online banking or SC Mobile.
- Dial-a-Loan Facility: Access a loan of up to ₹5 lakh on the credit card, with flexible repayment tenures ranging from 12 to 60 months.
- Online Security: The card provides d security for online transactions through 3D secure OTP verification systems.
The Standard Chartered Platinum Rewards Credit Card combines strong reward earning potential on key spending categories with practical benefits like dining discounts and loan facilities, making IT a versatile choice for many users.
Standard Chartered Platinum Rewards Credit Card in India: Vs Alternatives: Which Option is Best?
The Standard Chartered Platinum Rewards Credit Card offers 5x reward points on dining and fuel spends, making IT suitable for specific spending habits. For broader reward categories, alternatives like the Standard Chartered Rewards Credit Card provide up to 8x points on various retail spends.
Evaluating key features like reward rates, annual fees, and additional benefits helps determine the best fit for your financial needs in 2026.
| Feature | Standard Chartered Platinum Rewards Credit Card | Standard Chartered Rewards Credit Card | Standard Chartered Ultimate Card |
|---|---|---|---|
| Reward Points on Dining & Fuel | 5x reward points per ₹150 spent | Up to 8x reward points (4x on retail, additional 4x on monthly spend threshold) | 5 reward points per ₹150 spent |
| Reward Points on Other Spends | 1x reward point per ₹150 spent | 4x reward points on all retail spends | 5 reward points per ₹150 spent |
| Monthly CAP on Rewards | No monthly CAP | Not specified | Not specified |
| Dining Offers | 15% off at 850 participating restaurants (Good Life Programme) | Exciting dining discounts | Discounts and offers across dining (Good Life Programme) |
| Airport Lounge Access | One complimentary domestic airport lounge access per quarter | Complimentary access to domestic airport lounges | Access to airport lounges and golf clubs |
| Joining Fee | ₹250 + GST | Relatively high, but with achievable waiver condition | Not specified |
| Annual Fee Waiver | Spend ₹1.5 lakh in a calendar year | Spend ₹1.5 lakh in a calendar year | Not specified |
| Fuel Surcharge Waiver | 1% at HPCL Pumps | Not specified | Not specified |
The Platinum Rewards Credit Card excels in uncapped rewards for dining and fuel, while the Rewards Credit Card offers a higher base reward rate on general retail spends. The Ultimate Card targets premium users with extensive travel and lifestyle benefits.
Common Misconceptions About Standard Chartered Platinum Rewards Credit Card in India
The Standard Chartered Platinum Rewards Credit Card is often misunderstood regarding its reward structure and benefits. Many believe IT offers high rewards across all spending categories, but its accelerated points are specific to dining and fuel. The card has a 3.5/5 rating for rewards from ET Now News Advisor (as of 2026).
- Misconception 1: High rewards on all purchases. The card offers 5x reward points on dining and fuel spends (5 points per ₹150), but only 1x point on other expenditures (1 point per ₹150).
- Misconception 2: Reward points expire quickly. Standard Chartered Platinum Rewards Credit Card points have no expiry, allowing cardholders to accumulate them over time.
- Misconception 3: No annual fee waiver. The annual fee of ₹250 + GST is waived if the cardholder spends ₹1.5 lakh or more in a calendar year.
- Misconception 4: Limited redemption options. Reward points can be redeemed through the bank’s 360° Rewards Program, offering a wide online catalogue or via Phone Banking.
- Misconception 5: Only for high-income earners. The minimum monthly income requirement for salaried and self-employed individuals is ₹32,500, making IT accessible to a broader user base.
- Misconception 6: No supplementary cards. Standard Chartered allows primary cardholders to apply for supplementary credit cards for family members without additional charges.
Understanding these specific features helps in maximizing the card’s benefits for targeted spending categories like dining and fuel.
What to Do Next: Actionable Steps
Applying for the Standard Chartered Platinum Rewards Credit Card in 2026 involves a streamlined process, including Video KYC (VKYC) for online applications. This card is designed for users who frequently spend on dining and fuel, offering accelerated reward points on these categories.
To proceed with an application or manage your existing card, consider these specific steps:
- Verify Eligibility: Ensure you meet the minimum monthly income requirement of ₹32,500 for both salaried and self-employed individuals.
- Prepare Documents: Gather necessary KYC documents for identity and address verification.
- Choose Application Method: Apply online via the Standard Chartered Bank website or visit a nearest branch to complete the application form.
- Complete VKYC: If applying online, utilize the Video KYC (VKYC) feature to complete your verification from home, making the process contactless.
- Track Application Status: After applying, you can query your credit card application status by writing to the Customer Care Unit, 19, Rajaji Salai, Chennai 600 001, mentioning your reference number.
- Understand Fees and Waivers: Be aware of the one-time joining fee of ₹250 + GST. The annual fee of ₹250 can be waived if you spend ₹1.5 lakh or more in a calendar year.
Key Takeaways
- The Standard Chartered Platinum Rewards Credit Card offers 5X reward points on dining and fuel spends, with 1X on other expenditures (as of 2026).
- A minimum monthly income of ₹32,500 is required for application, and the card has a joining fee of ₹250 + GST.
- Cardholders can achieve an annual fee waiver by spending ₹1.5 lakh or more within a calendar year.
Check your eligibility and apply for the Standard Chartered Platinum Rewards Credit Card directly on the Standard Chartered Bank official website.
Frequently Asked Questions (FAQs)
What are the main reward benefits of the Standard Chartered Platinum Rewards Credit Card?
The Standard Chartered Platinum Rewards Credit Card offers 5X reward points on dining and fuel spends, with no monthly CAP on these accelerated points. For all other retail spends, cardholders earn 1 reward point for every ₹150 spent. These reward points do not expire, allowing for flexible redemption.
Does the Standard Chartered Platinum Rewards Credit Card offer any dining discounts?
Yes, the Standard Chartered Platinum Rewards Credit Card provides a 15% discount at over 850 participating restaurants across India. This benefit is part of the bank’s Good Life Programme. Cardholders can check the Standard Chartered website for the latest list of eligible restaurants.
Can I get a loan against my Standard Chartered Platinum Rewards Credit Card?
Yes, the Standard Chartered Platinum Rewards Credit Card includes a ‘Dial-a-Loan’ feature. Cardholders can avail a loan of up to ₹5 lakh directly on their credit card. This loan comes with flexible repayment tenures ranging from 12 to 60 months.
How can I redeem reward points earned on the Standard Chartered Platinum Rewards Credit Card?
You can redeem your reward points through the Standard Chartered 360° Rewards online catalogue. This platform allows for easy redemption against a variety of options. Points can also be used to offset credit card outstanding balances.
What are the eligibility criteria for the Standard Chartered Platinum Rewards Credit Card?
Eligibility for the Standard Chartered Platinum Rewards Credit Card primarily depends on your income and employment status. Applicants must generally be Indian residents between 21 and 65 years old. A strong CIBIL score, typically above 750, also improves approval chances.
Are there any fees associated with the Standard Chartered Platinum Rewards Credit Card?
The Standard Chartered Platinum Rewards Credit Card typically has an annual fee, which may be waived based on spending thresholds. Other charges include late payment fees, cash advance fees, and foreign currency transaction mark-up. Always review the latest Schedule of Charges on the bank’s official website.
How do I apply for the Standard Chartered Platinum Rewards Credit Card?
You can apply for the Standard Chartered Platinum Rewards Credit Card online through the bank’s website or by visiting a branch. The online application process often includes a Video KYC (VKYC) option for contactless verification. Required documents usually include identity proof, address proof, and income proof.
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.