Standard Chartered Super Value Titanium Credit Card
Joining Fee: ₹750 + GST
Renewal Fee: ₹750 + GST
Reward Type: Reward Points
Welcome Benefits
Fuel Cashback Offer: Receive 100% cashback (up to ₹1,500) on all fuel purchases made within the first 90 days of card issuance.
Travel Benefits
Priority Pass Membership: Premium Banking customers get complimentary Priority Pass membership, providing access to over 1,000 airport lounges worldwide.
Spend-Based Renewal Fee Waiver
Renewal Fee Waiver: Waive the ₹750 renewal fee from the second year onwards by spending ₹90,000 or more in the previous year.
Rewards and Cashback
Fuel Cashback: Earn 5% cashback on fuel purchases at any fuel station, up to ₹100 per transaction and a maximum of ₹200 per month. Cashback is available on transactions of ₹2,000 or below.
Utility Bill Cashback: Get up to 5% cashback on utility bill payments with a minimum transaction of ₹750, capped at ₹100 per month.
Telephone Bill Cashback: Earn up to 5% cashback on telephone bill payments with a minimum spend of ₹750, up to ₹200 per month.
Standard Reward Points: Accumulate 1 Reward Point for every ₹150 spent on other categories.
Finance And Forex Charges
Interest Rate: 1.99% per month on outstanding balances.
Foreign Currency Markup Fee: 3.5% on transactions in foreign currency.
Cash Advance Fee: 3% of the cash amount, with a minimum charge of ₹300.
Summary
The Standard Chartered Platinum Reward Credit Card is an excellent option for individuals with no credit history who are new to credit cards. It offers a solid reward rate across all categories and up to 5x reward points on every ₹150 spent on dining and fuel. The card has a nominal renewal fee of ₹250, which can be waived if you spend ₹500 within the first 30 days of issuance. However, it may not be suitable for high-end customers seeking extensive rewards and premium benefits, as it primarily caters to those starting their credit journey.