Standard Chartered Rewards Credit Card
Standard Chartered India · Open to apply
An entry rewards card: 4 reward points per ₹150 on retail spends and 4 more per ₹150 above ₹20,000 a statement (at most 2,000 bonus points), a free first year and a ₹1,000 renewal fee reversed at ₹1.5 lakh of spend, with one domestic lounge visit a quarter.
- Annual fee
- ₹1,000 + GST a year
- Joining fee
- None
- Fee waiver
- Annual fee waived on ₹1,50,000 spend per card year
- Base rate
- Retail spends, 4 points per ₹150 and 4 more per ₹150 above ₹20,000 a statement (bonus capped at 2,000 points): 4 Reward points per ₹150 up to ₹20,000; 8 Reward points per ₹150 up to ₹95,000; 4 Reward points per ₹150 above ₹95,000 (about 0.53% at cash value)
- Lounges
- Domestic: 1 visit a calendar quarter
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No points on fuel
- No points on cash advances
Where the sources disagree
- Fuel surcharge waiver: The page says "1% Fuel Surcharge waiver on all fuel spends"; the product T&C 16 limits it to transactions of ₹400 to ₹2,000 and ₹400 a statement cycle. We use the T&C.
- Annual fee reversal threshold: The page says the renewal fee is reversed on spends of "INR 1,50,000 or higher" in the previous year; the MITC says "greater than INR 1,50,000". We enter ₹1,50,000 (the difference is one rupee).
Terms the calculator does not value
- Reward points earned by supplementary cardholders are capped individually; the redemption fee of ₹99 is not deducted from the point values.
Sources
- Standard Chartered Rewards Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- Standard Chartered credit cards Most Important Terms and Conditions (Rewards Credit Card version, with the fee table of March 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Standard Chartered Rewards Credit Card Terms and Conditions (Reward terms, the bank's own, read 6 Nov 2026)