Standard Chartered Rewards Credit Card

By: Our Money Guide || Last updated on: November 1, 2025

Standard Chartered Rewards Credit Card offers domestic airport lounge access. 

It has an attractive annual fee offer – annual fee is reversed if you spend ₹1.50 lakhs a year on the card; and in case you do not qualify for this annual fee waiver, you are given reward points equivalent to the annual fee of the card.

Standard Chartered Rewards Credit Card Review

Features & Benefits of the Standard Chartered Rewards Credit Card

Attractive annual fee offers

• Zero 1st year annual fee.
• Annual fee from the 2nd year onwards is waived at ₹1.50 lakh annual card spend. If annual card spend is below ₹1.50 lakh, you get 4000 reward points worth ₹1000.

Complimentary domestic airport lounge access – 1 time per quarter

• You can get free access to airport lounges in India, once per quarter.
• Please click here for details.

0.66% reward on all monthly card spends under ₹20,000 || 1.33% reward on all monthly card spends above ₹20,000

• On all monthly card spends under ₹20,000 : You earn 4 reward points worth ₹1, on every ₹150 you spend (meaning 2.66 reward points worth ₹0.66 or 66 paise, on every ₹100 spent) – 0.66% reward
• On all monthly card spends above ₹20,000 : You earn 8 reward points worth ₹2, on every ₹150 you spend in this category (meaning 5.33 reward points worth ₹1.33, on every ₹100 spent) – 1.33% reward. This benefit is valid for monthly card spends between ₹20,000 and ₹95,000, since you can earn a maximum 2000 bonus rewards points at this accelerated rate.

1 reward point = ₹0.25 (25 paise), and can be redeemed for products, vouchers or services, on Standard Chartered Rewards Portal called R360 .

 You can also redeem reward points for cashback, at a slightly lower rate of 1 reward point = ₹0.20 (20 paise).

Exceptions

1. 0.16% benefit on insurance spends and government payments (X) : You earn 0.66 reward points worth ₹0.16 or 16 paise, on every ₹100 you spend in this category.
2. No reward points are given on the following card spends - fuel, returned purchases, disputed or unauthorized/fraudulent transactions, transactions not initiated by the cardholder, finance charges, any other charges and fees and charged back transactions; and cash advances

1% fuel surcharge waiver, up to ₹400 per month

• You get 1% fuel surcharge waiver at all fuel stations across India, only on fuel transactions between ₹400 and ₹2000. 
• And only on fuel purchases up to ₹40,000 per month, since the maximum waiver is capped at ₹400 per monthly card statement cycle

Standard Chartered customer care

• Please click here for all the options to contact the bank.

Contactless payment

• Look for the contactless network symbol on your card to determine if your credit card is contactless.
• In India, contactless payments are allowed for a maximum of ₹5000 for a single transaction without requiring a Credit Card PIN. For transactions equal to or higher than ₹5000, the cardholder must input their Credit Card PIN for security reasons.

Application Process

You can visit any of the nearest branches of the bank and talk to an executive regarding the process.

Necessary documents and verification