Standard Chartered Bank
Standard Chartered Manhattan Platinum Credit Card
This is an invite only card
Top Benefits
Get 5% Cashback on Grocery, Supermarket
and departmental store spends with minimum transaction of ₹1,000 up to ₹500 cashback per month and up to ₹150 cashback per transaction
Get 3X Reward Points on all Other Spends
with 3 reward points for every ₹150 spent Redeem Reward Points on the 360 Degree Rewards portal for products
Best For
Grocery Shopping
Finding a credit card that directly rewards your everyday household expenses can feel like a chore. The...
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Finding a credit card that directly rewards your everyday household expenses can feel like a chore. The...
Finding a credit card that directly rewards your everyday household expenses can feel like a chore. The Standard Chartered Manhattan Platinum Credit Card cuts through the noise by offering a straightforward 5% cashback on groceries, supermarkets, and departmental stores. If your monthly budget leans heavily toward stocking the pantry and buying household essentials, this card is designed specifically to give you money back on those exact spends.
Unlike premium travel cards that force you to track miles or navigate complicated redemption tiers, the Manhattan Platinum Credit Card focuses on practical, everyday value. With a low joining fee of Rs. 999 and an accessible minimum income requirement of just Rs. 25,000 per month, it sits comfortably in the entry-level to mid-range segment. You also earn reward points on your other regular shopping, making it a reliable all-rounder for typical family expenses.
This card stands out from its competitors because it provides direct cashback on offline supermarket spends, a category where many modern cards only offer basic reward points. Whether you are doing a massive monthly grocery haul or picking up weekly supplies, this card ensures a portion of your money stays in your pocket.
View FAQ
Commonly Asked Questions
Is the Standard Chartered Manhattan Platinum Credit Card lifetime free?
No, the card is not lifetime free. It comes with a joining fee of Rs. 999 and an annual fee of Rs. 999. However, you can get the annual fee waived by spending Rs. 1.2 lakh in a year.
Who should apply for this credit card?
This card is perfect for families or individuals who spend a significant portion of their monthly budget at offline supermarkets and departmental stores. The 5% cashback on groceries makes it highly practical for everyday household shoppers.
What makes this card different from other cashback cards?
Many cashback cards today focus heavily on online shopping or specific utility apps. The Manhattan Platinum card specifically targets offline retail, giving you 5% back at physical supermarkets and departmental stores, which is rare in this fee segment.
Is it a good card for a beginner?
Yes, with a modest monthly income requirement of Rs. 25,000 and a basic fee structure, it is highly accessible. The straightforward rewards on groceries make it very easy to understand and use for first-time credit card holders.
Expert Review
As someone who analyzes credit cards daily, the Standard Chartered Manhattan Platinum Credit Card is a fascinating mix of high utility and strict limitations. I genuinely appreciate the 5% cashback on groceries. Food and household supplies are unavoidable expenses, and getting a guaranteed cut back on physical supermarket shopping is excellent value for a family. Since the fee waiver requires spending Rs. 10,000 a month, families using this card strictly for groceries will hit the waiver target effortlessly while earning Rs. 500 a month.
However, the card falls remarkably short in the lifestyle department. The lack of lounge access, movie benefits, or online shopping multipliers feels dated compared to newer cards in the Rs. 999 segment. The redemption process is also slightly rigid; requiring a minimum of Rs. 1,500 in cashback (which takes three months of maxed-out grocery spending to achieve) and forcing redemptions in multiples of Rs. 500 feels overly restrictive.
My verdict? Get this card if you are the head of a household doing heavy offline shopping at supermarkets and departmental stores. Keep it specifically in your wallet for those trips. If you want a primary card for online shopping, dining, and travel, look at alternatives from SBI or Axis Bank.
Joining / Annual Fee
Joining Fees
₹1,179 ( ₹999 + GST )
Annual Fees
₹1,179 ( ₹999 + GST )
Understanding the cost of holding a credit card is just as important as knowing its benefits. The Stand...
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Understanding the cost of holding a credit card is just as important as knowing its benefits. The Stand...
Understanding the cost of holding a credit card is just as important as knowing its benefits. The Standard Chartered Manhattan Platinum Credit Card operates on a very transparent fee structure designed for everyday users.
When you first get the card, you will be charged a one-time joining fee of Rs. 999 plus applicable taxes. There is no specific welcome benefit or reward point bonus designed to offset this initial fee, so you should account for this cost when planning your first year of usage.
From the second year onwards, an annual renewal fee of Rs. 999 plus taxes is applied to your account. However, you do not necessarily have to pay this fee. The bank offers a clear fee waiver condition: if you spend Rs. 1.2 lakh or more in a year on your card, the annual fee for the next year is completely waived.
Achieving this waiver is highly practical. A target of Rs. 1.2 lakh breaks down to exactly Rs. 10,000 per month. If you are using this card primarily for your household groceries to get the 5% cashback, you will likely hit this Rs. 10,000 monthly mark naturally, making the card effectively free from the second year onward.
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The one-time joining fee is Rs. 999 plus applicable GST, charged in your first statement.
Can the joining fee be waived?
There is no default joining fee offset or welcome bonus to cover this cost. The Rs. 999 fee is standard upon issuance.
What is the annual or renewal fee?
From the second year onwards, an annual fee of Rs. 999 plus GST is charged to maintain your card account.
Is there an annual fee waiver option?
Yes, the annual fee is waived if you spend Rs. 1.2 lakh or more in a year on your card, as per bank policy.
What is the spending requirement for the annual fee waiver?
You need to spend Rs. 1.2 lakh annually. This breaks down to just Rs. 10,000 a month, which is very achievable if you use the card for regular groceries and shopping.
Is the fee waiver based on the calendar year or card anniversary year?
The spending threshold is calculated based on your card anniversary year (12 months from the date of card issuance).
How can I get this card lifetime free?
Currently, the bank does not advertise this as a lifetime free card. You must meet the Rs. 1.2 lakh annual spend requirement to avoid the renewal fee.
What happens if I don't meet the fee waiver spending requirement?
If your total spends fall short of Rs. 1.2 lakh in a year, the full annual fee of Rs. 999 plus GST will be charged to your card on your renewal date.
Eligibility
Age
Criteria*
21-65 years
Salary
Criteria*
3LPA
Credit
Rating*
720+
New to credit
allowed
Yes
Existing Bank
Customer Allowed
No
Applying for a credit card can be stressful if the requirements are not clear. Standard Chartered keeps...
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Applying for a credit card can be stressful if the requirements are not clear. Standard Chartered keeps...
Applying for a credit card can be stressful if the requirements are not clear. Standard Chartered keeps the eligibility criteria for the Manhattan Platinum Credit Card very straightforward and accessible for both salaried employees and self-employed professionals.
To apply, the primary cardholder must be between the ages of 21 and 65 years. This wide age bracket ensures that young professionals just starting their careers, as well as experienced individuals nearing retirement, can easily qualify.
The income requirement is quite reasonable. You need a minimum monthly income of Rs. 25,000. If we calculate this annually, it comes to Rs. 3 lakh per year. This applies to both salaried individuals who can show salary slips and self-employed applicants who verify their income through Income Tax Returns (ITR).
A good credit history is essential. The bank requires a minimum CRIF or CIBIL score of 720. If your score is 720 or above, it demonstrates responsible credit behavior, making the approval process much smoother. While the bank evaluates the complete profile, meeting this baseline score is crucial for getting a positive response on your application.
View FAQ
Commonly Asked Questions
What is the minimum age to apply for this card?
The primary cardholder must be at least 21 years old to be eligible for the Manhattan Platinum Credit Card.
What is the maximum age limit for the primary cardholder?
The upper age limit for eligibility is 65 years at the time of submitting your application.
What is the minimum salary required for salaried applicants?
Salaried individuals need a minimum monthly income of Rs. 25,000 to qualify. This equates to an annual income requirement of Rs. 3 lakh.
What is the minimum annual income for self-employed applicants?
Self-employed professionals and business owners must also demonstrate an annual income of at least Rs. 3 lakh, typically through their latest tax returns.
Can self-employed individuals apply for this card?
Yes, self-employed professionals can easily apply as long as they meet the age criteria and the Rs. 3 lakh annual income requirement.
What credit score (CIBIL/CRIF) is needed for approval?
A minimum credit score of 720 is required for approval. This shows the bank that you have a stable and responsible credit history.
Will my application be rejected if my credit score is below the requirement?
While a score below 720 significantly increases rejection chances, the bank considers multiple factors. However, hitting the 720 mark is highly recommended before applying.
Do I need to have an existing account with Standard Chartered?
No, having a prior relationship or savings account with Standard Chartered is not mandatory to get approved for this credit card.
Can I check my eligibility without affecting my credit score?
Yes, preliminary eligibility checks on partner websites use soft inquiries that do not impact your credit score. Only the final bank application triggers a hard inquiry.
All Card Benefits
- 5% cashback on groceries, supermarkets and departmental stores (Minimum transaction ₹1,000)
- Maximum cashback of ₹150 per transaction
- Maximum cashback of ₹500 per statement cycle
- 3 reward points per ₹150 spent on all other categories
- Cashback redeemable on minimum accumulated balance of ₹1,500
- Cashback redemption allowed in multiples of ₹500
- Minimum 500 reward points required for redemption
- Rewards redeemable via 360 Degree Rewards portal against catalogue products/vouchers
- Cashback and rewards not applicable on cash withdrawals, fees, finance charges or disputed transactions
5% Cashback on Groceries and Supermarkets
The standout feature of the Manhattan Platinum Credit Card...
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5% Cashback on Groceries and Supermarkets The standout feature of the Manhattan Platinum Credit Card...
5% Cashback on Groceries and Supermarkets
The standout feature of the Manhattan Platinum Credit Card is the 5% cashback on grocery stores, supermarkets, and departmental stores. This means every time you buy your monthly rations, fresh produce, or household items, you earn direct cash back into your account.
There are a few conditions to keep in mind to maximize this benefit. First, the minimum transaction amount required to earn the 5% cashback is Rs. 1,000. Second, the maximum cashback you can earn per transaction is capped at Rs. 150. Finally, you can earn a maximum of Rs. 500 as cashback per statement cycle.
For example, if you spend Rs. 2,000 at a supermarket, you will earn Rs. 100 in cashback. If you spend Rs. 4,000 in a single bill, the 5% comes to Rs. 200, but because of the per-transaction cap, you will only receive Rs. 150. To hit the maximum monthly cap of Rs. 500, you would need to spend exactly Rs. 10,000 on groceries spread across multiple bills of around Rs. 3,000 each.
Reward Points on All Other Spends
When you are not buying groceries, the card still works for you. For all other eligible retail spending, you earn 3 reward points for every Rs. 150 spent. This includes dining, shopping for clothes outside of departmental stores, electronics, and general online purchases.
Each reward point is valued at Rs. 0.25. This means that 3 reward points give you a value of Rs. 0.75 for every Rs. 150 spent. In percentage terms, this translates to a base reward rate of 0.5% on your regular purchases.
For example, if you buy a new mobile phone for Rs. 15,000, you will earn 300 reward points. Since each point is worth Rs. 0.25, your total reward value for that purchase is Rs. 75. While this base rate is standard for entry-level cards, it adds up nicely over a year of regular spending.
Exclusive Bank Offers
Aside from the core cashback and rewards, holding a Standard Chartered credit card gives you access to a rotating selection of merchant offers. The bank frequently runs promotional discounts under its "Good Life" program.
These offers span dining discounts at partner restaurants, instant discounts on popular travel booking portals, and special EMI offers on electronics. For instance, during festival sales, you might find a flat 10% instant discount on major e-commerce platforms just by using this card.
While these offers change from month to month, they can easily offset the annual fee if you use them strategically. Booking a family flight with a 10% card discount could easily save you Rs. 1,500 in a single transaction, instantly justifying the cost of holding the card.
View FAQ
Commonly Asked Questions
Do I get cashback on a Rs. 500 grocery bill?
No, the minimum transaction amount required to trigger the 5% cashback is Rs. 1,000. Any grocery bill below this amount will not earn the accelerated cashback.
How much is the maximum cashback I can earn in a month?
You can earn a maximum of Rs. 500 in grocery cashback per statement cycle. Once you reach this limit, further grocery spends in that month will not earn the 5% rate.
Does this apply to online grocery apps?
The cashback applies to merchants registered under the specific merchant category codes for supermarkets and departmental stores. Major grocery delivery apps like BigBasket, Swiggy Instamart, and Blinkit qualify for the 5% rate as they are registered under the supermarket merchant category.
If I spend Rs. 5,000 at once, do I get Rs. 250 cashback?
No, the maximum cashback per single transaction is capped at Rs. 150. Even though 5% of Rs. 5,000 is Rs. 250, you will only receive Rs. 150 for that specific bill.
What is the standard reward rate on this card?
You earn 3 reward points for every Rs. 150 spent on eligible non-grocery transactions. This translates to an effective reward rate of 0.5% on your general card spends.
What is the value of 1 reward point in rupees?
Each reward point is valued at Rs. 0.25. This means 4 points equal Rs. 1, making it easy to calculate your total rewards value when browsing the catalogue.
Do I earn points on fuel purchases?
No, fuel transactions are excluded from earning standard reward points across all petrol pumps. You will not accumulate points when paying at petrol pumps.
Do I earn points on utility bill payments?
Utility payments such as electricity, water, and gas bills are excluded from the rewards program. Excluded categories include fuel, rent, insurance, and government payments.
Do I earn points on rent payments?
Rent payments do not earn reward points on this card. Additionally, a 1% surcharge applies when you use the card to pay rent.
Are there any bonus reward points for annual spending milestones?
This card does not offer specific bonus reward points for hitting annual spending milestones, though reaching Rs. 1.2 lakh will waive your annual fee.
How can I redeem my reward points?
You can redeem your points through the Standard Chartered 360 Degree Rewards portal online.
What redemption options are available?
Options include products from the rewards catalogue and various brand gift vouchers available on the 360 Degree Rewards portal.
Is there a minimum point balance required for redemption?
Yes, you need a minimum of 500 reward points in your account before you can initiate a redemption request.
Is there a fee for redeeming my reward points?
No fee is charged when redeeming reward points on this card, meaning you get the full value of your hard-earned points.
Where can I find the current bank offers?
You can find the latest shopping, travel, and lifestyle offers on the Standard Chartered website under their credit card offers or Good Life section.
Do I need a promo code to use these bank offers?
It depends on the merchant. Some require a specific promo code at checkout, while others automatically apply the discount when you enter your Manhattan Platinum card details.
Are there any dining discounts included?
Yes, the card provides access to a host of exclusive dining offers at partner restaurants, though the specific restaurants and discount percentages change periodically.
Do these instant discounts affect my regular reward points?
No, you will still earn your standard 3 reward points per Rs. 150 on the final discounted amount charged to your card.
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 RP = ₹0.25
Redemption Options
- 360 Degree Rewards portal
To check redemption catalogue
Earning rewards is only half the battle; claiming them should be easy. Standard Chartered has specific ...
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Earning rewards is only half the battle; claiming them should be easy. Standard Chartered has specific ...
Earning rewards is only half the battle; claiming them should be easy. Standard Chartered has specific rules on how you can access the cash and points you have accumulated on your Manhattan Platinum card.
First, let's look at the 5% grocery cashback. This money does not automatically adjust against your monthly bill. You must manually request a redemption. To do this, you need a minimum accumulated cashback balance of Rs. 1,500. Furthermore, cashback can only be redeemed in multiples of Rs. 500. For example, if you have Rs. 1,700 in cashback, you can only redeem Rs. 1,500, leaving Rs. 200 in your account for the next cycle.
For your standard reward points (earned at 3 points per Rs. 150), you need a minimum of 500 reward points before you can redeem them. Since 1 reward point equals Rs. 0.25, 500 points give you a base value of Rs. 125.
All redemptions are handled through the Standard Chartered 360 Degree Rewards portal. You simply log in, check your balances, and choose whether to cash out your grocery earnings or convert your regular points into catalogue products or lifestyle vouchers. The best part? There is zero fee charged for redemption, so you keep 100% of your earnings.
View FAQ
Commonly Asked Questions
How do I redeem the cashback or reward points I have earned?
Log into the Standard Chartered 360 Degree Rewards portal using your net banking credentials. From there, you can view your balances and initiate redemption for both cash and catalogue items.
Is cashback credited automatically or do I need to request it?
Cashback is not auto-credited to your statement. You must manually log into the portal and request the redemption once you hit the minimum balance.
Is there a minimum cashback balance needed before I can redeem?
Yes, you must accumulate a minimum of Rs. 1,500 in cashback before you can make your first withdrawal.
What are the multiples allowed for cashback redemption?
Cashback redemption is only allowed in multiples of Rs. 500. You cannot redeem an exact amount like Rs. 1,650; you would redeem Rs. 1,500 and leave Rs. 150 for later.
How many reward points do I need to start redeeming?
You need a minimum balance of 500 reward points in your account to initiate a redemption request on the portal.
Is there a fee for redeeming my rewards or cashback?
No fee is charged when redeeming reward points or cashback on this card, allowing you to enjoy the full value of your benefits.
What happens to my unredeemed cashback or points if I close the card?
Unredeemed rewards and accumulated cashback are forfeited when you close the account. Always redeem your balances fully before initiating card cancellation.
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Cash withdrawals
EMIs
Cash advances
Loans
Finance charges
For Spends Waiver
Cash withdrawals
EMIs
Cash advances
Loans
Finance charges
To avoid disappointment when checking your monthly statement, you must know which transactions will not...
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To avoid disappointment when checking your monthly statement, you must know which transactions will not...
To avoid disappointment when checking your monthly statement, you must know which transactions will not earn you any rewards or cashback. Standard Chartered explicitly excludes certain types of spends from their reward program.
You will not earn any 5% cashback or the standard 3 reward points on cash withdrawals, EMIs, cash advances, loans, or finance charges. This is a standard industry practice, but it is important to remember. If you buy a Rs. 50,000 laptop and convert it into monthly EMIs, that specific transaction will not earn you any base reward points.
Similarly, using your credit card at an ATM for cash advances is excluded from rewards and will also trigger heavy fees and immediate interest charges. Any fees applied by the bank, such as late payment fees or annual renewal fees, obviously do not earn reward points. Finally, if you dispute a transaction and the money is refunded to your card, the reward points originally earned on that spend will be reversed.
View FAQ
Commonly Asked Questions
Which transactions do not earn rewards or cashback on this card?
Cash withdrawals, EMIs, cash advances, loans, finance charges, disputed transactions, and bank fees are fully excluded from earning any points or cashback.
Does paying rent with this card earn cashback or reward points?
Rent payments are excluded from reward earning. Furthermore, a 1% surcharge fee is applied when you process a rent transaction.
If I buy a phone on EMI, will I get reward points?
No, transactions converted into EMIs are categorized as loans and are explicitly excluded from the reward points program.
Are fuel transactions excluded from earning rewards?
Fuel transactions are excluded from earning standard reward points. Fuel transactions are categorized under specific codes that are excluded from all reward earning.
What happens if I accidentally make a payment in an excluded category? Do I lose all rewards?
You do not lose your existing rewards. The specific transaction in the excluded category simply will not generate any new points or cashback.
Does the Rs. 500 monthly cashback cap apply to all spending categories?
No, the daily Rs. 500 monthly limit applies exclusively to the 5% cashback earned at supermarkets and departmental stores. Regular reward points do not have this strict monthly earning cap.
Will I earn points if I withdraw cash from an ATM?
No, cash withdrawals are strictly excluded from rewards and will also incur a 2.5% fee plus immediate high-interest charges.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 3.5% |
APR Fees Finance charges of 3.75% per month (45% per annum) apply on unpaid outstanding balances until the amount is fully repaid | 3.75% |
ATM withdrawal 3% of the withdrawn amount is charged on cash advances using the credit card | 3% |
Reward Redemption Fees A fee of ₹99 is charged towards handling and courier charges for redemption of reward points | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge A surcharge of ₹25 or 2.5% is applied to transactions made for booking railway tickets | 2.5% |
Rent Payment Fees A surcharge fee of 1% applies on rental transactions made using the credit card | 1% |
cheque Payment Fees A fee of ₹100 of the payment amount is levied for cheque return, cheque dishonour, or auto-debit reversal | ₹100 |
Cash Payment Fees ₹299 cash payment fee per deposit | ₹299 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹100 | ₹0 |
| ₹101 - ₹500 | ₹100 |
| ₹501 - ₹5,000 | ₹500 |
| ₹5,001 - ₹10,000 | ₹700 |
| Above ₹10,000 | ₹1200 |
Understanding the complete fee structure is crucial before committing to any credit card. The Manhattan...
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Understanding the complete fee structure is crucial before committing to any credit card. The Manhattan...
Understanding the complete fee structure is crucial before committing to any credit card. The Manhattan Platinum Credit Card operates in the mid-range fee segment, meaning it has standard charges that are easy to avoid if you pay your bills on time and meet the spending waivers. Below is the detailed breakdown of every fee associated with this card.
The joining fee for this card is Rs. 999. This is a one-time charge applied to your first billing statement. There is no joining fee offset or welcome bonus provided to cover this cost, so you will have to pay this amount out of pocket.
The annual or renewal fee is also Rs. 999, charged from the second year onwards. However, the annual fee is waived if you spend Rs. 1.2 lakh or more in a year on your card, as per bank policy. For example, if you consistently spend Rs. 10,000 a month on groceries and household items, you will naturally hit this target and never pay the renewal fee.
If you do not pay your full total outstanding balance by the due date, finance charges of 3.75% per month (45% per annum) apply on unpaid outstanding balances until the amount is fully repaid. For example, if you roll over a balance of Rs. 10,000 to the next month, you will be hit with an interest charge of Rs. 375 for that month alone, plus taxes.
Late payment charges are levied if you miss your minimum due payment. The fee depends on your outstanding balance: Rs. 0 for balances up to Rs. 100; Rs. 100 for balances between Rs. 101 and Rs. 500; Rs. 500 for balances between Rs. 501 and Rs. 5000; Rs. 600 for balances between Rs. 5001 and Rs. 10000; Rs. 800 for balances between Rs. 10001 and Rs. 25000; Rs. 1100 for balances between Rs. 25001 and Rs. 50000; and Rs. 1300 for balances above Rs. 50000. For instance, if you forget to pay a bill of Rs. 3,000, you will incur a flat Rs. 500 penalty.
A 3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. For example, if you buy software online for USD 100 (roughly Rs. 8,300), the bank will add a 3.5% markup, costing you an extra Rs. 290 in fees.
Withdrawing cash from an ATM is very expensive. 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum Rs. 500, if applicable). For example, if you withdraw Rs. 10,000 from an ATM, 2.5% is Rs. 250, but because the minimum fee is Rs. 500, you will be charged Rs. 500 instantly, plus immediate interest at 3.75% per month.
A surcharge fee of 1% applies on rental transactions made using the credit card. If you use your card to pay Rs. 15,000 in monthly rent via a third-party app, the bank will add a Rs. 150 surcharge to your statement.
Similarly, a surcharge fee of 1% applies on railway ticket bookings. If you book a train ticket worth Rs. 2,000 on the IRCTC website using this card, you will see an additional Rs. 20 surcharge on your bill.
If you prefer paying your credit card bill over the counter with physical currency, a Rs. 250 cash payment fee per deposit applies. To avoid this entirely, simply pay your bill online via net banking, UPI, or a mobile app.
A fee of Rs. 100 of the payment amount is levied for cheque return, cheque dishonour, or auto-debit reversal. Make sure your savings account has sufficient funds before your auto-debit date to avoid this Rs. 100 penalty.
Finally, no fee is charged when redeeming reward points on this card. Whether you are cashing out your grocery cashback or choosing a voucher from the catalogue, your redemption is entirely free of processing charges.
| Fee Type | Amount / Rate |
|---|---|
| Joining Fee | Rs. 999 |
| Annual Fee | Rs. 999 (Waived on Rs. 1.2 Lakh annual spend) |
| Interest Rate (APR) | 3.75% per month (45% per annum) |
| Late Payment Fee | Rs. 0 to Rs. 1300 based on outstanding balance |
| Forex Markup | 3.5% |
| Cash Withdrawal Fee | 2.5% (Minimum Rs. 500) |
| Rent Payment Surcharge | 1% |
| Railway Surcharge | 1% |
| Cash Payment Fee | Rs. 250 per deposit |
| Cheque Return Fee | Rs. 100 |
| Reward Redemption Fee | Not Applicable (Rs. 0) |
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The card comes with a joining fee of Rs. 999, which is applied to your first statement.
What is the annual or renewal fee?
The annual fee is Rs. 999, charged every year upon your card anniversary.
Is there an annual fee waiver based on spending?
Yes, the annual fee is waived if you spend Rs. 1.2 lakh or more in a year on your card, as per bank policy.
How can I get this card lifetime free?
The card is not currently offered as lifetime free. To avoid fees, you must hit the Rs. 1.2 lakh annual spend target.
What is the interest rate (APR) if I don't pay my full balance?
The bank charges an interest rate of 3.75% per month, which translates to a massive 45% per annum.
How is the interest calculated on outstanding balances?
Finance charges of 3.75% per month (45% per annum) apply on unpaid outstanding balances until the amount is fully repaid, calculated on a daily compounding basis.
What are the late payment charges?
Late fees range from Rs. 0 up to Rs. 1300, depending strictly on the size of your unpaid statement balance.
Is the late payment fee different based on outstanding amount?
Yes. For example, a balance under Rs. 100 attracts zero fee, while a balance between Rs. 10001 and Rs. 25000 incurs an Rs. 800 penalty.
What is the forex markup for international transactions?
A 3.5% forex markup is charged on transactions made in currencies other than INR.
Can I withdraw cash using my credit card?
While possible, it is highly discouraged. You will be charged a massive fee and interest right from day one.
What are the cash withdrawal charges and limits?
2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum Rs. 500, if applicable).
Are there fees for paying rent with this card?
Yes, a surcharge fee of 1% applies on rental transactions made using the credit card.
Is there a fee for paying my bill in cash?
Yes, walking into a branch to pay your credit card bill in cash attracts a Rs. 250 cash payment fee per deposit.
What are the charges for cheque payment of bills?
There is no fee to pay by cheque, but if your cheque bounces, a fee of Rs. 100 of the payment amount is levied.
Is there a fee to redeem my reward points?
No fee is charged when redeeming reward points on this card, making your redemptions completely free.
Documents Required
To process your application smoothly, you must provide proof of identity, address, and income. Having these ready prevents unnecessary delays.
You need your PAN Card as the primary identity document. For address proof, an Aadhaar Card, Passport, or Voter ID is acceptable. To prove your income, salaried employees should provide their latest two months' salary slips and the last three months' bank statements showing salary credits. Self-employed applicants must submit their latest Income Tax Return (ITR) computation along with business continuation proof.
View FAQ
Commonly Asked Questions
What documents do I need to upload for the application?
You generally need your PAN card, Aadhaar card for address verification, and recent income proof (salary slips or ITR).
Do I need to submit physical copies of my documents?
No, if you opt for the Video KYC process, you can show your original PAN card on camera and verify your Aadhaar digitally. No physical submission is required.
Can I use my passport as address proof?
Yes, a valid Indian passport is universally accepted as both proof of identity and proof of address.
I just started my job. Can I apply with one salary slip?
The application requires 3 months of consecutive salary slips to prove employment stability.
What income proof is accepted for self-employed individuals?
Self-employed applicants must provide their latest Income Tax Returns (ITR) computation, showing a minimum annual income of Rs. 3 lakh.
Will the bank accept an unregistered rent agreement as address proof?
A registered rent agreement is the mandatory document for address verification if other ID proofs are unavailable; unregistered agreements are not accepted for credit card applications.
Who Should Get This Card?
Are you the designated grocery shopper for your family? Do you prefer walking the aisles of physical supermarkets like Reliance Smart, More, or local departmental stores rather than ordering on apps? If yes, this card is practically built for you. The 5% return on groceries is incredibly high for a card with a Rs. 999 fee. Since you only need to spend Rs. 10,000 a month to max out the cashback and hit the annual fee waiver target, it integrates effortlessly into a standard household budget.
On the flip side, if you are a digital nomad who lives on Swiggy Instamart, Amazon Fresh, and Zomato, this card will frustrate you. It does not reward online behavior efficiently. Furthermore, if you are looking for free airport lounge access or free movie tickets, you should look elsewhere, as this card completely skips travel and entertainment perks to focus purely on retail savings.
Credit Limit and What to Expect
When you are approved for the Manhattan Platinum Credit Card, the bank assigns a credit limit based on your financial profile. This limit is the maximum amount you can spend on the card at any given time.
Standard Chartered calculates this limit using your monthly income (minimum Rs. 25,000), your existing debts, and your CRIF/CIBIL score (minimum 720). A person with no existing loans and a high credit score will naturally receive a higher limit than someone with multiple active loans.
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Commonly Asked Questions
What will my starting credit limit be?
Starting limits vary widely. Depending on your income and credit score, an applicant earning Rs. 30,000 a month will receive a limit between Rs. 40,000 to Rs. 50,000.
How can I increase my credit limit?
Pay your bills in full and on time every month. After 6 to 12 months of responsible usage, the bank may proactively offer a limit increase, or you can request one by submitting updated income proofs.
Does the Rs. 500 grocery cashback cap increase if I get a higher credit limit?
No, the monthly cashback cap of Rs. 500 for groceries is fixed, regardless of how high your overall credit limit is.
Can I spend more than my assigned credit limit?
Cardholders are advised not to exceed their limit. Transactions that exceed your assigned limit are declined instantly to prevent severe over-limit penalty fees.
Will checking my credit limit before applying hurt my score?
Banks do not promise a specific credit limit before a full application is processed. Only a hard inquiry (which slightly impacts your score) allows the bank to finalize your limit.
Does this card offer an add-on card limit?
If you get an add-on card for a family member, they will share your primary credit limit. It does not grant a separate or additional limit.
How to Apply?
Getting your hands on the Standard Chartered Manhattan Platinum Credit Card is a quick and digital-first process. You do not need to deal with heavy paperwork or visit a branch if you opt for the online route.
Start by visiting the official Standard Chartered website or a trusted partner portal. Fill in your basic details, including your name, mobile number, employment type, and monthly income. The system will run a quick check to ensure you meet the basic criteria.
Once you pass the initial stage, you will proceed to the Video KYC (VKYC) process. This requires a smartphone with a good camera and internet connection. A bank executive will connect with you via video call to verify your identity. Make sure you have your original PAN card in hand and a blank piece of paper with a pen for a live signature. Also, ensure you are within 50 km of your registered current address, as the system tracks your location during the call.
View FAQ
Commonly Asked Questions
Where can I apply for this credit card?
You can apply directly on the Standard Chartered website or through verified financial partner platforms online.
What is Video KYC and is it mandatory?
Video KYC is a digital verification process where a bank agent confirms your identity over a video call. It is highly recommended as it speeds up approval and eliminates the need for physical document collection.
What do I need for a successful Video KYC call?
Keep your original physical PAN card ready, sit in a well-lit room, ensure a stable internet connection, and be present within 50 km of your declared current address.
How can I track my application status?
You will receive an Application Reference Number via SMS and email. You can use this number on the bank's website to check your real-time approval status.
How long does the approval process take?
If your Video KYC is successful and your credit profile is strong, approval can happen within a few days. The physical card usually arrives within 7 to 10 working days.
Can I apply if I already have another credit card from this bank?
Yes, you are eligible for a second card if your income supports the total credit limit across both accounts.
What happens if my Video KYC fails?
If the video call disconnects or fails due to location issues, the bank sends a physical verification agent to your registered home or office address to complete the process.
That’s the full story of this credit card
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Top Benefits
Top Benefits
Get 5% Cashback on Grocery, Supermarket
and departmental store spends with minimum transaction of ₹1,000 up to ₹500 cashback per month and up to ₹150 cashback per transaction
Get 3X Reward Points on all Other Spends
with 3 reward points for every ₹150 spent Redeem Reward Points on the 360 Degree Rewards portal for products
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