Standard Chartered Credit Card Charges — Complete Guide

Key Insights 
 

1. You can learn about the joining fees, annual fees, late payment fees, and other penalties of the Standard Chartered Credit Card Charges.
    
2. You can learn about the overdraft, missing payments, transactions and services of the Standard Chartered Credit Card.
    
3. Different Standard Chartered Bank credit cards have various charges, depending on the card type.

The Standard Chartered Bank Credit Card gives you features and benefits that give you an edge in your financial life. You can earn reward points on almost every transaction, 

But did you know? The Standard Chartered Bank Credit Card has certain charges that are essential for you to be aware of, so you can utilise the card effectively according to your financial situation.

This blog helps you understand the Standard Chartered Bank credit card joining and annual fees, interest rates, withdrawal fees, and late payment fees.

Standard Chartered Credit Card Joining & Annual Charges

The Standard Chartered Credit Card has a minimum charge amount, whereas other cards have high annual fees, depending on their features.

Here is the list of the Standard Chartered Credit Cards Joining and Annual Charges.
 

These are the annual & joining fees of the Standard Chartered Credit Cards. Click here to know more.

Standard Chartered Credit Card Interest Rate Charges

To find the annualised percentage rate (APR), we turn the monthly interest rate into a yearly rate. 

For example, all Standard Chartered Credit Cards, such as Visa Infinite and Emirates World, have a monthly interest rate of 3.75%, which means the APR is 45.00%. 

Instant credit card options have a lower monthly rate of 1.99%, so their APR is 23.88%. If you use your card for cash transactions, the monthly interest rate is also 3.75%, leading to an APR of 45.00%.

Bonus Tip: The interest-free credit period ranges from 18-48 days to 25-55 days, depending on your Payment Due Date. It does not apply to cash advances or revolving balances.

Standard Chartered Credit Card Cash Withdrawal Charges

You can withdraw money from a Standard Chartered Credit Card, but you have to pay certain charges. The Standard Chartered Credit Card charges 3% of the cash withdrawal amount, subject to a minimum of ₹300.

Note: The Standard Chartered website has only that knowledge. If you have more information about the withdrawal charges, please contact Standard Chartered customer care.

Standard Chartered Credit Card Late Payment Charges

If you have not paid the timely EMI of your Standard Chartered Credit Cards, then you have to pay some charges, that is called Late Payment Charges. But how much do you have to pay?

Here is the list of late payment charges for the Standard Chartered Credit Cards.

Standard Chartered Credit Card Late Payment Charges
 

• ₹ 0 for statement outstanding balance less than or equal to ₹ 100. 
   
• ₹ 100 for statement outstanding balance between ₹ 101 and ₹ 500.
   
• ₹ 500 for statement outstanding balance between ₹ 501 and ₹ 5,000. 
   
• ₹ 700 for statement outstanding balance between ₹ 5,001 and ₹ 10,000.
   
• ₹ 1200 for statement outstanding balance greater than ₹ 10,000.

This table shows you the late payment charges of Standard Chartered Credit Cards.

Bonus Tip: A late fee of ₹100 will be charged if you do not pay the Minimum Amount Due for two or more consecutive months.

Standard Chartered Credit Card Other Fees & Charges

Till now, we have covered almost every Standard Chartered charge, but there are still some other charges that you need to know.

Here is the list of the Standard Chartered Credit Card Other Fees and Charges.
 

This table shows you the other essential charges of the Standard Chartered Credit Card.

Conclusion

The Standard Chartered Bank Credit Card has charges. If you're considering using the  Standard Chartered Bank Credit Card or already have one, these charges will help you make the most of your card.

If you know about the charges, you can easily avoid extra penalties and enjoy your Standard Chartered Bank Credit Card Features without any stress.

FAQs

What is the cashback value earned with the Standard Chartered Smart Credit Card?

Each cashback point is equivalent to Re.1.

Does the Standard Chartered Smart Credit Card offer a fuel surcharge waiver?

No, the card does not provide a fuel surcharge waiver.

How long are my cashback points valid?

With the Standard Chartered Smart Credit Card, your cashback points never expire.

How much cashback can I earn in one month?

You can earn up to Rs. 1,000 in cashback on online spends.
 

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LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.