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Important Information

Revision of GST rate from 7% to 8% for Credit Card Annual Fee with effect from 1 January 2023

Dear Clients,

As you may be aware, Singapore’s Goods and Services Tax (GST) rate will increase from 7% to 8% from 1 January 2023.

Correspondingly, the GST rate applicable to all Standard Chartered Credit Cards annual fee will increase to 8% from 1 January 2023. Please refer to the list of Standard Chartered Credit Cards below for our cards’ Annual Fees from 1 January 2023:

 

Credit Card Annual Fee

(Inclusive of 8% GST)

Principal Card Supplementary Card
Smart Perpetually waived Perpetually waived
Rewards+

Simply Cash

Spree

Prudential Platinum

Prudential Visa Signature

NUS Alumni Platinum

Manhattan Platinum

Manhattan World

Platinum Visa

Platinum Mastercard

S$194.40 Waived
Bonus$aver S$216.00 Waived
Business Platinum S$162.00 Waived
Visa Infinite S$594.00 Waived
Priority Banking Visa Infinite S$324.00 Waived for first year; S$162.00 for second year and onwards
Visa Infinite X S$702.00 S$108.00
Gold S$189.00 Waived
Classic S$64.80 Waived
Manhattan $500 S$32.40 Waived

 

Thank you for banking with Standard Chartered