Standard Chartered Rewards Credit Card: Fees, Rewards & Benefits
Rewards card with lounge access
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The SC Rewards card offers a useful 8X bonus tier on monthly spends above INR 20,000 (capped at 2,000 points) plus a solid 4-per-INR-150 base. At 0.25 INR per point, returns top out near ~1.3%, making it a fit for consistent mid-tier spenders.
Rewards card with lounge access
The Bottom Line
The Standard Chartered Rewards is built for steady monthly spender and occasional domestic traveller. With a ₹1,000 annual fee that is waived on ₹1,50,000 yearly spend, it offers 0.67% rewards on other and 4,000 bonus points. It makes the most sense if your spending matches steady monthly spender and occasional domestic traveller.
It earns a base reward rate of 0.6666666666666667% and stacks best when your spending lines up with Steady Monthly Spender, Occasional Domestic Traveller. The renewal fee gets easier to justify once you can hit ₹1,50,000 in yearly spend.
Who Should Get This Card
Use this as a quick filter before comparing rewards or fees in detail.
Best fit for
IdealUsers who reliably spend over INR 20,000/month to unlock the 8X bonus tier (capped 2,000 points) and easily clear the INR 1.5 lakh fee-waiver threshold.
Those who will use the 4 complimentary domestic lounge visits each year.
Probably not for
SkipAnyone who does not cross INR 20,000/month misses the bonus tier and may not waive the INR 1,000 fee.
Those whose spends skew to government and insurance, which earn only the reduced 1 RP per INR 150 and no bonus.
Is It Worth It For You?
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Reward Rates
Standard Chartered Rewards offers 0.6666666666666667% basic reward rate.
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Welcome Offer
4,000 Reward Points credited within 60 days of realization of fees by the Bank, applicable only if the cardholder does NOT receive the spend-based annual fee reversal.
Milestone Benefits
Annual fee of INR 1,000 + GST reversed on spends of INR 1,50,000 or more in the previous year.
On monthly retail spends above INR 20,000, earn an additional 4 RP per INR 150 (8X total), with bonus reward points capped at 2,000 per statement cycle.
Fees & Charges
Eligibility
- Min Income: ₹3 Lakhs
- Min Credit Score: 750
- Salaried/self-employed; min monthly income ₹25,000 (₹3L annual); annual fee ₹1,000 reversed on ₹1.5L annual spend or 4,000 RP compensation.
Exclusions & Terms
Forex markup
- Foreign currency markup
Frequently Asked Questions
3 data-backed answers from our card database
Ready to apply?
₹1,000 annual fee. Apply on the Standard Chartered website.
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