Answer – You can apply online with Standard Chartered and get an instant in-principle decision in minutes. A Bank representative will get in touch with you once you have submitted your application online successfully to complete the documentation requirement. You can expect to get your credit card, subject to final policy and verification checks of the Bank, within 7-15 days from the time you submit your documents and signed application form, although it may take longer in some cases.
Answer – The fees depend on the outstanding amount. The late fee is Rs 100 for statement outstanding less than or equal to Rs 500. The fee increases to Rs 350 for statement outstanding between Rs 501 and Rs 5,000. The late fee rises to Rs 700 for statement outstanding greater than Rs 10,000. However there is a very simple way to avoid late payment. You can utilize a range of online services provided by Standard Chartered, such as Online banking, Visa money transfer, and bill payment to ensure you never miss a payment on time.
Answer – The monthly interest rate is annualized. This is expressed in the form of annualized percentage rate (APR). Monthly interest rate of 3.49% per month is annualized to arrive at an APR of 41.88% for all Standard Chartered India credit cards. For all Visa Infinite, Ultimate, and Emirates World credit cards, the monthly interest rate is 3.10% (APR of 37.20%). If you love shopping, you can avail our EMI on credit card facility, ‘Kuch Bhi on EMI’ to shop for higher amounts and pay lower interest rate. Click here to know more.
Answer – When you withdraw hard cash, the interest rate will be different. Cash transactions will attract an interest rate of 3.49% per month or APR of 41.88%.
Answer – All overseas transactions attract a flat 3.5% transaction fee. Do note that this charge includes fees paid out to Visa/Mastercard for converting overseas transactions into Indian rupees. If you are a frequent traveller, take a look at our Emirates World, Ultimate or Yatra Platinum Credit Card here and explore the various benefits you receive on the Standard Chartered credit card when you travel abroad.
Answer – Yes. Transactions at merchant establishments that are registered overseas even if the merchant is located in India attract a charge of 0.80% from Visa/Mastercard. Don’t worry, this amount is included as a part of the transaction amount in your statement. Learn about our rewards programme by clicking here.
Answer – That’s easy. Notify Standard Chartered India immediately if you become aware that your credit card has been lost, stolen or even misused. You can either call our phone banking numbers listed here or use our online banking or SC Mobile app to do so. How to you report a lost or stolen card online?
- Login to online banking or SC Mobile
- Go to ‘Help and Services’
- Click on ‘Report lost/stolen card’
- Select the card(s) you want to block or replace and confirm
Answer – To repay you can use either of the nine ways – Online banking, Bill Desk, NEFT / IBFT, Visa Money Transfer, Standard Chartered Online Banking, NACH (National Automated Clearing House), Cheque/Draft Payment, Cheque Collection Boxes, or by Cash. Money spent is money earned with Standard Chartered India credit cards.
Answer – At the merchant site, enter your credit card details. You will then be directed to a Standard Chartered security page where you will be required to enter the OTP (One time Password) that is sent to your registered mobile number. Enter the OTP and complete the transaction. In case you do not receive the OTP within 30 seconds, you can request for another OTP by pressing the “Resend OTP” number. If you are a smart spender, click here to check out our Platinum Rewards credit card.
So, get started on your Standard Chartered India credit card journey today and enjoy The Good Life! To view all the credit cards, click here.