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Revision of Standard Chartered Premium Debit Card Benefits

Enhanced features effective 1st February 2024

 

  1. Earn 10 reward points¹ per INR 100/- spent on entertainment, groceries, supermarket, utility bills and telecom. Maximum cap of 1000 Reward Points per month
  2. INR 1,00,00,000 air accident cover² & purchase protection² worth INR 55,000

Note: 

¹  Effective 1st February 2024* you will stop receiving cashback on your debit card.

² TnCs apply, visit here for details

 

 

FAQs – Revision of Debit Card Benefits:

  1. When will the changes be effective from?
    Changes in Debit Card Benefits and rewards will be effective from 01st February 2024.
  2. Is there any capping to the reward points earned on merchant categories with revision?
    A capping of 1000 Reward Points per month is applicable for reward earned on debit card. Reward points will be earned only on valid spends made for entertainment, groceries, utility bills, telecom, and at supermarkets.
  3. Will I receive cashback for my spends?
    Effective change in rewards, you will stop receiving cashback on your debit card. The cashback earned on eligible transactions prior to effective date will get the cashback as per old product construct.
  4. How many points are required for redemption?
    Minimum 500 reward points are required for redemption. Points accumulated in a calendar year expire by 30 June of subsequent year. Click here to know more about reward point accrual, redemption and validity, and detailed terms and conditions.