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

Standard Chartered Rewards Credit Card: full review

The SC Rewards is a decent all-category card for consistent mid-tier spenders. The 4,000 welcome RP offsets the annual fee, and the 8 RP/₹150 at ₹20K+ monthly spend is competitive. The lack of category exclusions makes it genuinely broad. However, at this fee level, cards like Axis ACE or SBI Cashback offer better flat returns.

Apply now ↗Annual fee: ₹1,000 + taxes from Year 2
Last updated: August 2026 · Current terms verified
STANDARD CHARTER
VISA
)))
REWARDS
ASHOK KUMAR
12/28
₹1,000 + taxes from Year 2 (waived on ₹1,50,000/year spend; free for Year 1)Annual fee
4 reward points per ₹150 on all retail spends (0.67%); additional 4 RP on monthly spend above ₹20,000 (total 8 RP = 1.33%); 1 per quarter domestic loungeReward structure
1 domestic visit/quarter (4/year)Lounge access

Key benefits of the Standard Chartered Rewards Credit Card

4 reward points per ₹150 on all retail spends, no category exclusions (0.67% effective)Additional 4 RP per ₹150 on monthly retail spend above ₹20,000 (8 RP total = 1.33%; capped 2,000 bonus RP/cycle)4,000 welcome RP on annual fee payment from Year 2 (worth ₹1,000, offsets fee)1 complimentary domestic airport lounge visit per quarter (4/year)1 RP = ₹0.25 redeemable via SC 360° Rewards portalFree in Year 1, no joining feeAnnual fee waived on ₹1.5L/year spend from Year 2
Apply now ↗ Min. income: ₹25,000/month (salaried) · Credit score: 700+
Pros and cons
Pros
✓ No category exclusions, earns on utilities, insurance, education too
✓ 4,000 welcome RP from Year 2 effectively offsets ₹1,000 annual fee
✓ Free in Year 1, good to test before committing
✓ Lounge access with 4 visits at ₹1,000 fee is reasonable
Cons
✗ Base 0.67% is modest, only competitive if you hit ₹20K/month spend
✗ 3.5% forex, poor for international use
✗ ₹99 redemption fee per request
✗ Limited to select cities for new applications
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 → ₹1,000 + taxes from Year 2 (waived on ₹1,50,000/year spend; free for Year 1)
Joining feeA one-time fee charged when you first get the card, separate from the recurring annual fee.Full definition → ₹0
Lounge accessFree entry to airport lounges, usually limited to a set number of visits per quarter or year.Full definition → 1 domestic visit/quarter (4/year)
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 → ₹25,000/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 Rewards Credit Card is ₹1,000 + taxes from Year 2 (waived on ₹1,50,000/year spend; free for Year 1). The joining fee is ₹0.
The main benefits of the Standard Chartered Rewards Credit Card are: 4 reward points per ₹150 on all retail spends, no category exclusions (0.67% effective); Additional 4 RP per ₹150 on monthly retail spend above ₹20,000 (8 RP total = 1.33%; capped 2,000 bonus RP/cycle); 4,000 welcome RP on annual fee payment from Year 2 (worth ₹1,000, offsets fee); 1 complimentary domestic airport lounge visit per quarter (4/year); 1 RP = ₹0.25 redeemable via SC 360° Rewards portal; Free in Year 1, no joining fee; Annual fee waived on ₹1.5L/year spend from Year 2.
4 reward points per ₹150 on all retail spends (0.67%); additional 4 RP on monthly spend above ₹20,000 (total 8 RP = 1.33%); 1 per quarter domestic lounge
Standard Chartered Rewards Credit Card is best for Consistent spenders wanting flat rewards on everything with lounge access at low fee. The SC Rewards is a decent all-category card for consistent mid-tier spenders. The 4,000 welcome RP offsets the annual fee, and the 8 RP/₹150 at ₹20K+ monthly spend is competitive. The lack of category exclusions makes it genuinely broad. However, at this fee level, cards like Axis ACE or SBI Cashback offer better flat returns.
The minimum income requirement for Standard Chartered Rewards Credit Card is ₹25,000/month (salaried). A minimum credit score of 700+ is also recommended.
Yes, Standard Chartered Rewards Credit Card offers 1 domestic visit/quarter (4/year).
Standard Chartered 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 Shopping Credit Cards →Best Credit Cards for Amazon and Flipkart →Best Credit Cards for Self-Employed →
Card reviews
Axis Bank Select Credit CardHigher spenders (₹6L+ income) who will spend ₹3L+ a year, want international lounge access through Priority Pass with 12 visits, and want a 2% earn rate on everyday retail spendsAxis Bank Privilege Credit CardModerate-to-high spenders in the ₹6-15L income range who will hit the lounge spend gate every quarter and want a simple, uncapped reward rate without chasing accelerated categoriesAU Bank Zenith Credit CardHigher spenders who can comfortably hit the fee-waiver threshold and will use both domestic and international lounge access regularlyYES 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 Rewards vs SC Super Value Titanium Compare →Standard Chartered Rewards vs HDFC Millennia Compare →
Embed this card
Add this widget to your site
Writing a review or comparison for the Standard Chartered 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-rewards"
  width="420" height="260"
  frameborder="0"></iframe>
No sign-up · Free to use
Standard Chartered Rewards₹1,000 + taxes from Year 2
Apply now ↗