Standard Chartered Bank in India offers this “Manhattan Platinum” credit card with many features, benefits and discounts. It mainly offers 5% cashback in supermarket.
SC Manhattan Platinum Credit card Benefits
- Joining Benefit: Get INR 2,000* BookMyShow vouchers on your first transaction in first 90 days with your Manhattan Platinum credit card.
- 5% Cash back on shopping at Supermarket & Department Store
- applicable for Merchant Establishments classified under Department Stores, Supermarkets etc
- The Cash back will be subject to a maximum of INR 150 per eligible transaction. You need to spend at least INR 1000 per transaction to earn cashback
- The total Cash back, shall be limited to INR 500 per month for all card(s) owned by the customer inclusive of any supplementary card(s).
- Access to Standard Chartered Card Offers – https://www.sc.com/in/credit-cards/offers/
- Good Life Privileges – https://www.sc.com/in/promotions/the-good-life-privileges/
- The Good Life restaurants upto 15% off – https://sctgl.co.in/
- Foreign transaction – 3.5% charges
Rewards Collection
- Earn 3 reward points for every Rs 150 spent.
Rewards Redemption
- 1 reward point = Rs 0.30 approx
- SC Ultimate points value – Based on the reward points and redemption value – you will get a cashback of 0.67%
Insurance included in the credit card: NIL
SC Ultimate Credit Card Eligibility : Applicant should be between 21 and 65 with stable monthly income.
Fees
- First year / Joining fee is Rs 999
- Annual renewal membership fee is Rs 999 (Waived on spending Rs 1,20,000 in the Year)
You are getting joining benefit of Rs 2000 worth of bookmyshow vouchers.
However, if you have good spend history, you can talk to customer representative and they can waive off the renewal fees. Also, when you apply and receive the first call, you can ask them to waive the joining fees.
Summary
This card offers good value as the it offers 5% off on supermarkets.
There are many credit cards offered by Standard Chartered bank with different features including discount on movies, groceries, dining as well as air travel and hotels, free international and domestic lounge access. Some of the cards offers excellent redemption rewards. See list of all credit cards offered by SC Bank and check which one you should go for.