Every other bank in India is pushing their credit cards down the customers’ throats enticing them with a plethora of offers, be it cash back on online shopping or cash back on fuel etc. We have gone through the fees and benefits for all the major credit cards on offer in India to declutter the choice we make and feel that the Standard Chartered Platinum Rewards Credit Card is the best bet for someone living in a metro.
Firstly, there is no monthly fee attached with the card. The customer has to pay a joining fee of INR 200 and he/she is good to go. The renewal fee is INR 250 which would be waived off if INR 30,000 is spent through the credit card in the first year. The rewards associated with The Standard Chartered Platinum Rewards Card are quite excellent with 20% cash back on Uber rides. Along with that, the customer would earn 5 points for every INR 150 spent on fuel and at select fine dining restaurants. He/she would also earn 1 point for every INR 150 spent on any other category.
The customer would also receive a BookMyShow voucher worth INR 500 on the set up of the credit card. Additional 1000 points would be awarded for the very first transaction through the Standard Chartered Platinum Rewards Credit Card. Additional 500 points would be rewarded for registering for online banking at Standard Chartered Bank. 100% cash back upto INR 500 would be given to the customers for all restaurant spends during the first 90 days.