The Standard Chartered Manhattan Platinum Credit Card is designed for individuals who frequently shop at supermarkets and departmental stores. With attractive cashback offers on everyday expenses like groceries, this card is well-suited for salaried individuals who want to save on routine purchases. The card also offers a moderate rewards structure, making it a versatile option for general use.
- Overview
- Welcome Benefits for Standard Chartered Manhattan Platinum Credit Card
- Fees and Charges for Standard Chartered Manhattan Platinum Credit Card
- Benefits of Standard Chartered Manhattan Platinum Credit Card
- Rewards from Standard Chartered Manhattan Platinum Credit Card
- Milestone Benefits
- Redemption of Points
- Airport Lounge Access with Standard Chartered Manhattan Platinum Credit Card
- Airport Transfers with Standard Chartered Manhattan Platinum Credit Card
- Forex Markup Fee for Standard Chartered Manhattan Platinum Credit Card
- SC Manhattan Platinum Credit Card Card Review
- Cards Similar to Standard Chartered Manhattan Platinum
- FAQ
Overview
| Feature | Details |
|---|---|
| Card Type | Cashback & Rewards Credit Card |
| Reward Rate | 5% cashback on groceries and departmental store purchases; 5x Reward Points on other spends |
| Reward Value | ₹150 cashback per transaction, capped at ₹500 per month |
| Annual Fee | ₹999 + GST (waived on spending ₹1.2 lakh annually) |
| Unique Selling Points | High cashback on groceries, reward points on all other spends |
| Rating | ★★★★☆ (4.2/5) |
Welcome Benefits for Standard Chartered Manhattan Platinum Credit Card
| Welcome Benefit | Details |
|---|---|
| Bonus Reward Points | 5,000 reward points on first transaction within 90 days |
| Additional Benefits | ₹1,000 cashback on spending ₹10,000 within the first 30 days |
Fees and Charges for Standard Chartered Manhattan Platinum Credit Card
| Fee Type | Charges |
|---|---|
| Joining Fee | ₹499 + GST |
| Annual Fee | ₹999 + GST (waived on spending ₹1.2 lakh annually) |
| Finance Charges | 3.5% per month (42% per annum) |
| Foreign Transaction Fee | 3.5% + GST |
| Cash Advance Fee | 2.5% of the amount withdrawn (min ₹300) |
| Late Payment Fee | ₹100 to ₹1,200 depending on the outstanding balance |
| Fuel Surcharge Waiver | Not available |
Benefits of Standard Chartered Manhattan Platinum Credit Card
This card provides several key benefits:
- Grocery Shopping Cashback: Enjoy 5% cashback on purchases at leading supermarkets like More, Reliance Fresh, Big Bazaar, and Food Bazaar. Cashback is capped at ₹150 per transaction and ₹500 per month.
- Rewards Points: Earn 5x reward points on all other spends, with the ability to redeem them for various products and services through the Standard Chartered rewards catalogue.
- Uber Rides: 20% cashback on Uber rides, capped at ₹600 per month.
Rewards from Standard Chartered Manhattan Platinum Credit Card
| Spend Category | Reward Rate |
|---|---|
| Grocery & Departmental Stores | 5% cashback |
| All Other Spends | 5x reward points per ₹150 spent |
| Reward Value | ₹150 cashback per transaction, capped at ₹500 per month |
Milestone Benefits
There are no specific milestone benefits, but the annual fee is waived if you spend ₹1.2 lakh in a year.
Redemption of Points
Reward Points can be redeemed for:
- Gifts & Vouchers: Redeem points for a variety of gift vouchers from popular brands through the Standard Chartered rewards catalogue.
- Travel & Lifestyle: Use points for travel bookings, lifestyle products, and more.
Additional Benefits
- Online Banking Registration: Get an additional 500 reward points when you register for Standard Chartered’s online banking.
Airport Lounge Access with Standard Chartered Manhattan Platinum Credit Card
This card does not offer complimentary airport lounge access.
Airport Transfers with Standard Chartered Manhattan Platinum Credit Card
This card does not offer specific airport transfer benefits.
Forex Markup Fee for Standard Chartered Manhattan Platinum Credit Card
| Fee Type | Details |
|---|---|
| Forex Markup Fee | 3.5% + GST on all international transactions |
SC Manhattan Platinum Credit Card Card Review
Editor’s Rating
Summary
The Standard Chartered Manhattan Platinum Credit Card is a practical choice for those who frequently shop at supermarkets and departmental stores. With its strong cashback program and additional reward points, it provides substantial savings on everyday purchases. However, the lack of travel-related perks may limit its appeal to frequent travelers.
Pros and Cons of Standard Chartered Manhattan Platinum Credit Card
| Pros | Cons |
|---|---|
| High cashback on groceries | No airport lounge access |
| Reward points on all other spends | Cashback limited to specific categories |
| Low annual fee with an easy waiver | High foreign transaction fees |
Cards Similar to Standard Chartered Manhattan Platinum
| Feature | Manhattan Platinum Credit Card | HDFC Millennia Credit Card | Axis Bank ACE Credit Card |
|---|---|---|---|
| Annual Fee | ₹999 + GST | ₹1,000 + GST | ₹499 + GST |
| Cashback/Reward Rate | 5% on groceries, 5x reward points | Up to 5% on online spends | Up to 5% on select categories |
| Reward Value | ₹150 per transaction, capped ₹500 | 1 CashPoint = ₹1 | Direct cashback |
| Special Benefits | Grocery cashback, Uber discount | Dining discounts, fuel waiver | High cashback on utility payments |
FAQ
What is the annual fee for the Standard Chartered Manhattan Platinum Credit Card?
The annual fee is ₹999 + GST, which is waived if you spend ₹1.2 lakh or more in the previous year.
How is cashback credited on this card?
Cashback is credited automatically to your account within the billing cycle. The cashback is capped at ₹150 per transaction and ₹500 per month.
Does the card offer lounge access?
No, the Standard Chartered Manhattan Platinum Credit Card does not provide complimentary airport lounge access.
What is the foreign transaction fee on this card?
The forex markup fee is 3.5% + GST on all international transactions.
Are there any special offers for Uber rides?
Yes, you can get 20% cashback on Uber rides, capped at ₹600 per month
