VVyaya

Standard Chartered Platinum Rewards Credit Card: Fees, Rewards & Benef

Dining card

Vyaya Team · Aug 2026
5 min read
Apply Now

We may earn a commission if you apply through this link. It never affects our ratings.

Value Score
8.0 / 10
Annual Fee
₹250
Best For
Dining & Fuel Spender, Budget Cardholder
Network
Visa
Expert Verdict

The SC Platinum Rewards is a bare-bones, low-fee card offering uncapped 5x points on dining and fuel. With points worth just 0.25 INR, no lounge access and a 3.5% forex markup, returns stay under ~1% and it suits only category-focused budget users.

STANDARD CHARTEREDVisa
Standard Chartered Platinum Rewards
Tap to see back →
REWARD SUMMARY
0.16666666666666669% Base Rewards
Dining card
← Tap to flip back

The Bottom Line

The Standard Chartered Platinum Rewards is built for dining & fuel spender and budget cardholder. With a ₹250 annual fee that is waived on ₹60,000 yearly spend, it offers 0.83% rewards on dining and 0.16666666666666669% base rewards. It makes the most sense if your spending matches dining & fuel spender and budget cardholder.

It earns a base reward rate of 0.16666666666666669% and stacks best when your spending lines up with Dining & Fuel Spender, Budget Cardholder. The renewal fee gets easier to justify once you can hit ₹60,000 in yearly spend.

What we like
+Accelerated 5 points per INR 150 (5x the 1-per-INR-150 base) on both dining and fuel spends.
+Very low cost at INR 250 joining and INR 250 annual fee.
+No monthly cap on the accelerated dining and fuel earning.
+Simple structure focused on two everyday categories.
What we don't
Reward points are worth only 0.25 INR, so even the 5x rate is about 0.83% and the base is ~0.17%.
No airport lounge access (0 domestic, 0 international).
High 3.5% forex markup with no notable travel benefits.
No annual fee waiver mechanism is defined.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
Dining & Fuel Spender

Users who concentrate spends on restaurants and petrol and want uncapped 5x earning for a tiny INR 250 fee.

+
Budget Cardholder

Those wanting a low-cost everyday card without paying for premium perks they will not use.

Probably not for

Skip
Rewards Maximiser

The 0.25 INR per point value keeps even accelerated dining/fuel earning under ~1%.

Traveller

No lounge access and a 3.5% forex markup make it unsuitable for travel.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Annual fee-₹250
Net Value (Year 1)-250
Net Value (Year 2+)-250
Progress to fee waiver0%

Spend ₹60,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

Standard Chartered Platinum Rewards offers 0.16666666666666669% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Dining
0.83%
Fuel
0.83%

Welcome Offer

Welcome Benefit

Joining fee of INR 250 + GST is waived on spends of INR 500 within the first 30 days of card issuance.

Fees & Charges

Joining fee₹250
Annual fee₹250
Fee waiverSpend > ₹60,000

Eligibility

  • Min Income: ₹2.4 Lakhs
  • Min Credit Score: 750
  • Salaried/self-employed age 21-65; min gross monthly income Rs 20,000; joining fee Rs 250 waived on Rs 500 spend in 30 days.

Exclusions & Terms

Forex markup

  • Foreign currency markup

Frequently Asked Questions

2 data-backed answers from our card database

What is the annual fee of the Standard Chartered Platinum Rewards?+

The Standard Chartered Platinum Rewards has an annual fee of ₹250.

What rewards does the Standard Chartered Platinum Rewards offer?+

It earns Reward Points, with accelerated earning on Dining, Fuel.

Ready to apply?

₹250 annual fee. Apply on the Standard Chartered website.

Apply on Standard Chartered

We may earn a commission if you apply through this link. It never affects our ratings.

Explore more on Vyaya