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▾Standard Chartered Platinum Rewards Credit Card Review
Best for: Budget-conscious users who want meaningful dining and fuel accelerators at a very low annual fee.
- Very low ₹250 fee
- 5× reward points on dining and fuel
- 1% fuel surcharge waiver
- Easy eligibility
- International acceptance
- Base earn rate weak outside accelerators
- No lounges
- No insurance bundling
- Smaller redemption catalogue vs HDFC/SBI
Fees & charges
| Item | Charge |
|---|---|
| Joining fee | ₹250 + GST |
| Renewal fee | ₹250 + GST |
| Finance charge | 3.6% p.m. |
| Cash advance fee | 2.5% (min ₹500) |
| Forex markup | 3.5% |
| Late payment fee | Up to ₹1,300 |
Rewards structure
Base 1.5 RP per ₹150 (1% headline, 0.25% at ₹0.25/point redemption). Dining and fuel earn 7.5 RP per ₹150 (5% headline, 1.25% effective). Decent but not class-leading rates.
Key benefits
- 5× RP on restaurant dining and fuel
- 1% fuel surcharge waiver
- Quarterly promo offers with SC partner merchants
- Free add-on cards
- Interest-free credit up to 50 days
Who the Standard Chartered Platinum Rewards is for
Dining regulars and frequent commuters who want a supplementary ₹250-level card with category accelerators. Pair with a primary card.
Final verdict
A strong ₹250 option that outperforms most cards at this fee level on dining + fuel specifically. Pair with Axis ACE for flat 5% cashback on everything.
FAQ
Is the 5× earn capped monthly?
Yes — typically capped at 1,500 bonus points per month on combined dining+fuel category.
Does it qualify for SC Priority Banking perks?
Platinum tier doesn't bundle Priority Banking — that's reserved for Ultimate and Emirates variants.
Can students apply?
SC typically requires minimum ₹3L annual income; students on a stipend may not qualify unless with guarantor.
Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.