Find my best card →
faayda.com › cards › Standard Chartered Platinum Rewards Credit Card
Standard Chartered India · Visa / Mastercard · हिन्दी

Standard Chartered Platinum Rewards Credit Card: full review

The SC Platinum Rewards is a simple, genuinely lifetime-free starter card ideal for those new to credit. The 5X on dining and fuel with no monthly cap is the main draw at zero annual cost. For established spenders, dedicated cashback cards deliver significantly better returns, but as a first credit card, this is hassle-free.

Apply now ↗Annual fee: ₹250 joining
Last updated: August 2026 · Current terms verified
STANDARD CHARTER
VISA
)))
PLATINUM REWARDS
ASHOK KUMAR
12/28
₹250 joining (waived on ₹500 spend within 30 days); Lifetime free thereafterAnnual fee
5 reward points per ₹150 on dining and fuel (0.83%); 1 RP per ₹150 on all other spends (0.17%); 1 RP = ₹0.25Reward structure
NoneLounge access

Key benefits of the Standard Chartered Platinum Rewards Credit Card

5 reward points per ₹150 on dining restaurant spends (0.83% effective; no monthly cap)5 reward points per ₹150 on fuel transactions (0.83% effective; no monthly cap)1 reward point per ₹150 on all other eligible retail spends (0.17%)1 RP = ₹0.25 redeemable via Standard Chartered 360° Rewards portalJoining fee waiver on ₹500 spend within 30 days, virtually free from Day 1Lifetime free, no annual fee ever after first yearAvailable to new-to-credit applicants with lower income requirements
Apply now ↗ Min. income: ₹20,000/month (salaried) · Credit score: 700+
Pros and cons
Pros
✓ Truly lifetime free with only a one-time ₹250 joining fee (easily waived)
✓ No cap on dining and fuel rewards, unlimited 5X earning
✓ Simple rewards structure, dining and fuel at 5X, everything else at 1X
✓ Good starting card for new-to-credit individuals
Cons
✗ Low 0.83% on dining/fuel, many free cards offer better
✗ Very low 0.17% on all other categories
✗ 3.5% forex: avoid abroad
✗ No lounge access
✗ ₹99 redemption fee per request
Quick facts
Issuer Standard Chartered India
Network Visa / Mastercard
Annual feeThe yearly fee a bank charges for holding the card, often waived if you spend enough in a year.Full definition → ₹250 joining (waived on ₹500 spend within 30 days); Lifetime free thereafter
Joining feeA one-time fee charged when you first get the card, separate from the recurring annual fee.Full definition → ₹250
Lounge accessFree entry to airport lounges, usually limited to a set number of visits per quarter or year.Full definition → None
Forex markupThe extra fee your bank adds on top of the real exchange rate for any spend in a foreign currency.Full definition → 3.5%
Min. incomeThe minimum income, credit score, and other conditions a bank requires before approving your application.Full definition → ₹20,000/month (salaried)
Min. credit scoreYour 3-digit credit score (300-900), higher scores make approval easier and can unlock better cards.Full definition → 700+
SourceStandard Chartered India's published card terms and official card page · Last updated August 2026
Calculate your annual benefit

Enter your typical monthly spend to see exactly how much you'd earn with this card.

₹
₹
₹
₹
₹
₹
Enter your monthly spend above to see your benefit
Frequently asked questions
The annual fee for Standard Chartered Platinum Rewards Credit Card is ₹250 joining (waived on ₹500 spend within 30 days); Lifetime free thereafter. This card is lifetime free with no annual fee.
The main benefits of the Standard Chartered Platinum Rewards Credit Card are: 5 reward points per ₹150 on dining restaurant spends (0.83% effective; no monthly cap); 5 reward points per ₹150 on fuel transactions (0.83% effective; no monthly cap); 1 reward point per ₹150 on all other eligible retail spends (0.17%); 1 RP = ₹0.25 redeemable via Standard Chartered 360° Rewards portal; Joining fee waiver on ₹500 spend within 30 days, virtually free from Day 1; Lifetime free, no annual fee ever after first year; Available to new-to-credit applicants with lower income requirements.
5 reward points per ₹150 on dining and fuel (0.83%); 1 RP per ₹150 on all other spends (0.17%); 1 RP = ₹0.25
Standard Chartered Platinum Rewards Credit Card is best for Beginners wanting a lifetime free card with dining and fuel rewards. The SC Platinum Rewards is a simple, genuinely lifetime-free starter card ideal for those new to credit. The 5X on dining and fuel with no monthly cap is the main draw at zero annual cost. For established spenders, dedicated cashback cards deliver significantly better returns, but as a first credit card, this is hassle-free.
The minimum income requirement for Standard Chartered Platinum Rewards Credit Card is ₹20,000/month (salaried). A minimum credit score of 700+ is also recommended.
Standard Chartered Platinum Rewards Credit Card does not offer airport lounge access.
Standard Chartered Platinum Rewards Credit Card charges a 3.5% foreign currency markup on international transactions. This is in line with the standard 3.5% charged by most Indian credit cards.
Related guides
Best Dining Credit Cards →Best Credit Cards for Swiggy and Zomato →Best Lifetime Free Credit Cards →Best Credit Cards for Students →Best Credit Cards for Movies & Entertainment →
Card reviews
Roarbank RuPay Credit CardNew-to-credit users who want a lifetime-free RuPay UPI card with a built-in savings account, and who will actively pick and track their monthly cashback categoriesIDFC FIRST Quantum+ Credit CardFirst credit card for anyone with no credit history who wants a lifetime-free, FD-backed card with a flat 1% cashback and a very small depositDCB novio Select Credit CardFirst-time credit users or those with no credit history wanting genuine lounge access on an FD-secured card, specifically via the Select variantYES Bank POP-Club Credit CardFrequent online/e-commerce shoppers willing to actively redeem within the POP Club app's voucher ecosystem, not simply looking for flat, flexible cashback
Compare with similar cards
Standard Chartered Platinum Rewards vs IDFC FIRST Millennia Compare →Standard Chartered Platinum Rewards vs LIC Axis Bank Signature Compare →
Embed this card
Add this widget to your site
Writing a review or comparison for the Standard Chartered Platinum Rewards Credit Card? Embed this live widget. It always shows our current, verified fee and reward rate, so it never goes stale.
Live preview
<iframe src="https://faayda.com/embed/sc-platinum-rewards"
  width="420" height="260"
  frameborder="0"></iframe>
No sign-up · Free to use
Standard Chartered Platinum Rewards₹250 joining
Apply now ↗