Standard Chartered Manhattan Credit Card
Joining Fee: ₹999 + GST
Renewal Fee: ₹999 + GST
Reward Type: Reward Points
Welcome Benefits
Bonus Reward Points: Receive 5,000 Bonus Reward Points upon successfully paying the joining fee for the Standard Chartered Manhattan Credit Card.
Fuel Surcharge
Fuel Transactions: Enjoy a 1% fuel surcharge on all fuel purchases made with the Manhattan Credit Card.
Joining and Renewal Fee Waiver
Annual Fee Waiver: The ₹999 annual fee is waived if you spend ₹1,20,000 or more in a calendar year.
Rewards and Cashback
Grocery & Departmental Store Cashback: Get 5% cashback on groceries, departmental stores, and supermarkets, with a maximum of ₹500 per month and ₹150 per transaction. Cashback is available on minimum transactions of ₹1,000.
Reward Points: Earn 3 Reward Points for every ₹150 spent.
Reward Redemption
Flexible Redemption: Redeem Reward Points through the 360-degree Rewards portal for various categories including travel, lifestyle, electronics, and more.
Redemption Rate: 1 Reward Point = ₹0.25.
Minimum Points for Redemption: At least 500 Reward Points are required for redemption.
Finance And Forex Charges
Interest Rate: 3.75% per month on outstanding balances.
Foreign Currency Markup Fee: 3.5% on all foreign currency transactions.
Cash Advance Fee: 3% of the cash amount, with a minimum charge of ₹300.
Summary
The Standard Chartered Manhattan Credit Card is an excellent choice for those seeking a credit card with a low fee and attractive cashback offers. It provides both cashback and Reward Points on spending, with a generous welcome benefit of 5,000 Reward Points. Additionally, the card features a spend-based renewal fee waiver, adding to its appeal as a cost-effective option for maximizing rewards and savings.