Want to apply for a Standard Chartered credit card? The British multinational financial services and banking company offers a range of credit cards to its Indian audience. Each card has unique features and benefits to offer. You can choose one based on a number of factors such as annual fee, key benefits and rewards you can earn in a year. By getting a Standard Chartered credit card, you can enjoy perks such as exclusive membership, value back and reward points. Here, we will discuss how to earn and how to redeem reward points on your Standard Chartered credit card.
Credit card rewards programme – Standard Chartered
The bank has introduced two types of rewards programmes called “Bonus Points” and “360° Rewards” to allow its credit card users to earn points for making transactions using the card. You can also redeem and spend these points to purchase a range of items. If you have a Emirates and Standard Chartered co-branded credit card, you will only get to earn rewards under the Bonus Skyward Miles programme. There are other Standard Chartered cards that are part of the Bonus Points Programme. Some of these cards are:
- Visa Infinite Credit Card
- Emirates Platinum Credit Card
- Preferred World Credit Card
- Platinum Rewards Credit Card
- Platinum Elite Credit Card
- Manhattan Platinum Credit Card
- Super Value Titanium Credit Card
- Bajaj Finserv Platinum Credit Card
- Bajaj Finserv World Credit Card
- Gold Rewards Credit Card
- Inner Circle Platinum Credit Card
- Yatra Credit Card
Credit cards that are eligible for the 360° Rewards Programme include:
- Preferred World credit card
- Visa Infinite Card
- Platinum Elite credit card
- MasterCard Credit Card
- Platinum Rewards credit card
- Super Value Titanium Card
- Manhattan Platinum Card
- Bajaj Finserv Platinum Card
- Bajaj Finserv World Card
- Gold card
How to earn reward points under the 360° Rewards Programme?
You can earn a number of points and cashback depending on the card you have. The number of reward points and cashback benefits will vary based on the kind of purchase you make and the amount you spend on each purchase. Here is a quick list featuring some of the most popular credit cards under the 360° Rewards Programme and the number of reward points and cashback you can earn on various transactions.
Name of Card
Reward Points or Cashback
Visa Infinite Card
|You get 5 reward points for hotel transactions
You get 5 reward points for transactions at fine dining restaurants
You earn 5 reward points for transactions made overseas
You earn 2 reward points for all the other categories
Preferred World MasterCard Credit Card
|You can earn 5 reward points for hotel transactions
You can earn 5 reward points for transactions at fine dining restaurants
You get 5 reward points for transactions made overseas
You get 2 reward points for all the other categories
Platinum Elite Card
Platinum Rewards Card
|You earn 5 reward points for hotel spends
You can earn 5 reward points for transactions made at fine dining restaurants
You get 5 reward points for fuel purchase
You get 2 reward points for expenses under all the other categories
|You get 5% cashback for making a purchase at departmental stores and supermarkets
You get 5 reward points under other categories
Super Value Titanium Card
|You can earn 5% cashback for fuel purchase made across all petrol pumps
You get 5% cashback on various telecom payments such as phone bills
You get to earn 5% cashback on utility bill payments such as water, gas and electricity bill payments
You earn 1 reward point on other categories
Bajaj Finserv World Card
|You get to earn 5 reward points for making purchase at supermarkets, grocery stores, departmental stores and apparel stores
You can earn 3 reward points on various other spends
You get 2 additional reward points for all transactions above Rs. 100,000 every payment cycle
You get 10 reward points on your birthday
Bajaj Finserv Platinum Card
|You can earn 5 reward points for making purchase at supermarkets, grocery stores, departmental stores and apparel stores
You can earn 2 reward points on various other transactions
You get 2 additional reward points for all transactions above Rs. 50,000 every payment cycle
You get 10 reward points for every Rs. 100 you spend on your birthday
|You get 2 reward points on various transactions|
How to redeem rewards if you have a Standard Chartered credit card?
As mentioned above, Standard Chartered has two rewards programs under which you get to earn reward points. Both programmes allow you to earn and redeem rewards.
Bonus Points Rewards Programme:
Under the Bonus Point Rewards Programme, you can earn points by using your eligible card to make a purchase at the Bonus Partner outlets. To redeem these points, you can visit the official website of Standard Chartered and choose the rewards from the catalogue. You can purchase products from the catalogue using your rewards points. You can also call up the customer care centre to redeem your points on the item you want to purchase from the catalogue.
360° Rewards Programme:
When it comes to the 360° Rewards Program, you can redeem your accrued points in two methods – online and through phone banking. To redeem points online, you need to visit the bank’s official webpage dedicated to the programme and log into your net banking account. If this is your first time, you need to register for the net banking feature and use the correct username and password to log in. After logging in, you can browse through the rewards catalogue and decide which items you want to purchase with your reward points. You can then confirm the order and proceed to check out.
You can also redeem your reward points using the phone banking facility. For this, you need to contact the company’s phone banking number and put in a request for the redemption of reward points. You may find out which items you are eligible for and how you can purchase the same using your rewards points. Whether you redeem your rewards online or through phone banking, it might take up to 10 business days for the purchased item to reach your registered billing address. Remember, gift vouchers are non-refundable, which means you cannot return them to the bank.
When you have accrued enough reward points, you can make a handsome purchase. You may choose items from categories such as home and family, electronics, lifestyle, charity, travel, cashback and instant rewards.