Standard Chartered Manhattan Platinum Credit Card Review – Updated in April 2018

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Standard Chartered Bank Manhattan Platinum Credit Card

The Standard Chartered Manhattan Platinum Credit Card is a great all-rounder card which covers rewards and cash back categories across the board. It is a decent card for folks in metros for their everyday purchases, especially ones who use Uber regularly. Annual fees are fairly priced, but Annual Percentage Rate is on the higher side compared to similar cards.

With cash back offered across major Indian supermarkets along with generous rewards offered on entertainment and dining, the Standard Chartered Manhattan Platinum is designed for the average urban dweller. None of the rewards and cash back offers is industry best. However, there is a healthy mix of categories covering bases for someone who wants to use their Credit Card for their daily needs. Probably the most overlooked benefit of this card is the 20% cash back on Uber rides up to Rs. 600 per month.

FinTown Rating: 3 / 5

Rating by Category: 

Category                                              Rating
Annual Fee                                              4
Rewards Rate & Benefits
Initial Bonus 2.5
  • Given the benefits it offers, the INR 999 Annual Fee is reasonable.
  • The 5% cash back at grocery stores and 20% cash back on Uber Rides make the Manhattan Card a promising one. Additionally, you earn 3 reward points for every INR 150 spend.Therefore, a rating of 4 is justified.
  • The initial bonus in the form of an INR 500 BookMyShow voucher and another INR 500 voucher on registering for mobile banking, is average.
  • The Annual Percentage Rate of 41.88% is rather on the higher side.

Pros & Cons:

Reasons to Choose
Reasons to avoid
Low Annual Membership Fee High APR at 41.88%
Cash back on Uber rides worth up to INR 7200 annually  For cash back, minimum spend required per transaction is INR 1000. Maximum cash back of up to INR 500 every month.
Cash back of 5% at grocery stores No add-on benefits like airport lounge access, fuel surcharge waiver, etc.
Joining benefit of INR 1000
Savings up to INR 8650

Benefits & Rewards:

Cash back on Uber Rides

You  can enjoy 20% cash back on Uber rides. You can save upto Rs 7,200 in a year in Uber rides. Moreover, the monthly cash back is capped at INR 600.  However, you can get up to INR 150 cash back per transaction. Additionally, the minimum transaction should be INR 1000 to become eligible for cash back.

Welcome benefit

You get an INR 2000 BookMyShow voucher when you join. Additionally, you get an additional 500 reward points on registering for online banking.


You can earn 3X reward points for every transaction of INR 150 on fuels, dining, flights and hotels.You can redeem these rewards for vouchers, products and services.

Is the Rewards Rate Good?

For every INR 150 spent, you earn 3 reward points with HDFC Bank Regalia Card. In other words, for earning 1 reward point, you spend  INR 50.

On spending INR 50, you get rewards worth INR 0.50. So, on spending INR 1, you earn INR 0.01 worth of rewards. Therefore, the rewards rate is 1%. 

Is this card for you?

This card is a great option for you if you have a stable source of income and you take a lot of Uber rides. Similarly, this card is great if your goal is to earn cash back in different categories. However, if you want credit cards with travel benefits, premium services such as airport lounge access and golf privileges, then, this card is not for you.

Payments & Fees:

Annual Fee INR 999 for second year onwards.
Joining Fee INR 499
Renewal Fee Waived off when spend value is above INR 1,00,000 a year.
Foreign Transaction mark-up fee  3.5% of the transaction amount.
Cash Withdrawal Fee 3% of cash withdrawal amount subject to a minimum of INR 300
Late Payments Fee INR 0 – INR 800
Over Limit Fees INR 500 per instance or 2.5% of the Overlimit amount. (Minimum Rs. 500)
Minimum Payment Due (MPD) on
extended credit usage
The higher of the following:

(a) 5% of statement outstanding

(b) sum total of all installments billed, interest, fees, other charges, amount that is over limit and 1% of the principal.

(c)INR Rs. 250/-

Surcharges INR Rs. 25 or 2.5% of transaction (whichever is higher) on Railway transactions. INR Rs. 10 or 1% of transaction (whichever is higher) on Petrol transactions.
Rewards Redemption Fee INR 99

How to get the most out of this card?

To get the most out of this card, you should spend at least INR 1000 per transaction to be eligible for cash back. Similarly, the total spend on the card should exceed INR 15,000 to qualify for all offers such as Uber etc.

How to Redeem Rewards – Standard Chartered Manhattan Platinum Credit Card?

To redeem your Manhattan card rewards, you will have to log in to your account and choose products or services of your choice. For redeeming rewards, visit this page.

Terms & Conditions:

  • Grace Period: The interest free credit period can range from 18-48 days to 25-55 days depending on your Payment Due Date. Furthermore, the interest-free period does not apply for cash advances and revolving balances.
  • Validity of offers: Most offers are valid till 30 September 2018. However, any changes made by the bank will be updated soon.
  • Credit Limit: Your credit limit can vary based on your current situation. Therefore, the bank has the sole discretion to decide your credit limit.
  • Other requirements: The minimum transaction amount for cash back eligibility is INR 1000. Additionally, INR 15,000/- spends qualifier are all monthly spends on the card. Therefore, it is not limited to Uber spends.

Application Requirements:

  • Applicant’s age should be between 21 and 65.
  • Applicant should have a stable monthly income.
  • Applicant should belong to credit cards sourcing cities/locations of the Bank.
  • All applications are subject to credit and other policy checks of the Bank.
  • People who don’t have a stable source of income can opt for secured cards to build credit history.

Negative Customer Feedback:

Based on 345 reviews on, the Standard Chartered Manhattan Card has received a rating of 1.5. It must be noted that mouthshut is mostly a complaint forum. Therefore, the number of positive feedbacks will be less as compared to the negative ones.

Highlighting the negative feedback is important so that people are aware of all hidden charges. With this card, people tend to complain about the customer service and extra charges that they were not made aware of by the bank before a credit card issued to them.

Other Credit Cards with similar/better Features:

YES Bank Prosperity Cashback Credit Card:

Another great option compared to the SC Manhattan Platinum credit card is YES Prosperity Cashback Credit Card: The YesBank Prosperity card is an excellent alternative to the SC Manhattan with 5% cash back on groceries, movies, and bill payments. YES Prosperity distinguishes itself with its much lower APR and a fuel surcharge waiver. Additionally, the annual fee is comparable to the Standard Chartered Manhattan Platinum Credit Card.

The YES Prosperity Credit Card offers a preferential monthly interest rate of 2.40% for its customers.This is valid on revolving credit for Cardmembers who have YES BANK Salary or Savings Account relationship. Furthermore, for YES Bank non-customers, the interest rate is 3.22%.

With the YES Prosperity Credit Card, you get a welcome cashback voucher of INR 250, with a spend of INR 2500 in the first 30 days of card set-up. Similarly, you can get cash back of INR 1800 annually on spends of movies, grocery and YES PayNow, when you have a monthly spend of INR 3,000. The 0.5% cash back you get on other spends is based on the assumption of INR 5000 per month. You can get cash back up to a maximum of INR 300. Additionally, you can save up to INR 240 on fuel.

Axis Bank MY Wings Credit Card:

The Axis Bank MY Wings Credit Card is one of the best when it comes to a credit card offering cash back and fulfilling your travel needs. Additionally, you get complimentary access to airport lounges. This card also allows you to redeem 2 complimentary tickets from Ezeego.Moreover, you can also get 20% discount on base fare with a maximum capping of Rs. 2000 per annum per credit card account. Nevertheless, the maximum cashback per ticket will be Rs. 500.

Additionally, you get cash back on domestic flights, buses, car rentals etc., which makes your travel life easy.  Moreover, the hotel and holiday vouchers that the Axis MY Wings credit card offers is worth INR 10,000. With this credit card, a total annual spend of INR 2,40,000, can give you INR 19,560 cash back/ benefits. The reward points earned in the year can go up to INR 3960 with this annual spend. To know more, refer to this value chart.

HDFC Bank Business Freedom Credit Card:

The HDFC Bank Business Freedom Credit Card offers cash back on more number of categories than the Standard Chartered Manhattan Credit Card. This card has a number of advantages.  Firstly, the annual fee gets waived off on retail spends of INR 20,000. Secondly, many cash back categories such as dining, movie, supermarket, Bill Pay and recharges.Thirdly, you also get a maximum of INR 250 Fuel Surcharge Waiver on using this card.

However, it does not provide any welcome gift. Moreover, many credit cards in this segment offer up to 15% discounts in dining bills. However, the Business Freedom Credit Card offers only 5% cash back on dining. Therefore, this might not be a great option if you are a foodie. Furthermore, the HDFC Business Freedom Credit Card has its APR on the higher side i.e. 41.88%.

This card is not the best option when it comes to earning reward points. Therefore, you can use HDFC Bank Business money back card credit card for rewards. SBI Simply Save could also be a good option to earn rewards.

How to apply for Standard Chartered Bank Manhattan Platinum Credit Card:

To apply for this credit card, you need to fill in your city, date of birth, source of income, gross monthly income, mobile number and email address on the page mentioned below. The bank will contact you in a few days after receiving your details.

Think this credit card is for you? APPLY NOW.

Bottom Line:

The Standard Chartered Bank Manhattan Platinum Credit Card is a perfect all-rounder for folks that live in Tier 1 and 2 cities and want to use it for their daily need expenses. If you are a regular Uber rider, there are not too many other cards that give you cash back of Rs. 600 every month. The fees on the Standard Chartered Bank Manhattan Platinum credit card are not very high and the card offers both cash back and rewards benefits. On the flip side, Interest rates and fees are on the higher side.
If you are someone who is looking to carry your balance on your card every month, the SC Bank Manhattan card is not your best option. This is ideal for users who make their monthly payments in full and on time.

FinTown Advantage:  We provide unbiased personal finance advice to help people make the best possible financial decisions. Our reviews and ratings of financial products are determined by customer financial wellbeing and not profiteering. Whether or not we make a penny, we do what is best for the customer. Our research team is made up of economists and market researchers who spend hundreds of hours researching and comparing products with the same mission in mind.

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