• Credit Card BYTES FROM OUR KITCHEN

    Standard Chartered Platinum Visa Card for Rewards: Yet to Get Reviews

    With the Standard Chartered Platinum Visa Card, you can win rewards points on eligible purchases under the bank’s 360 Rewards programme. If you open a current account with the bank, you will earn additional points on your card spending.

    Highlights:

    • Easy funds transfer facility at 0% interest rate.
    • Consolidate monthly bills into one card payment.
    • Enjoy offers and deals at more than 3,000 outlets in Asia.

    Best suited to: Those who like to earn rewards on all purchases.

    Key Features

    Feature Description
    Annual fee S$192.60 (waived for the first three years)
    Reward points on all retail purchases 1 point per S$1
    Complimentary travel insurance Not available

     

    Additional Benefits

    • Consolidate your recurring monthly bills into one single card statement.
    • Get special Visa Platinum privileges from leading restaurants, hotels, golf courses, and other stores.
    • Enjoy exclusive credit card offers and deals on dining, shopping, travel, and lifestyle at over 3,000 Asian outlets through The Good Life.
    • Visit our dedicated promotions page for a list of offers and their expiry dates.
    • Enjoy the convenience of the funds transfer facility (a minimum of S$1,000) from your credit card to another account at 0% interest with a low one-time processing fee.

    Earning Rewards

    • Earn 1 Reward Point for every S$1 spend on all eligible transactions.
    • Sign up for Personal Banking Suite and spend S$250 every month on the card to earn:
      • 2 points if you charge S$1,000 or more to the card.
      • 1 point if you spend less than S$1,000 each month.
      • 50 points for each of these products you buy from SCB:
        • Home Loan
        • Current Account
        • Online payments
        • Fixed Deposit Account
      • 100 points for investments you make with the bank.

    Let Us Illustrate:

    Say you have spent S$2,000 in a month on your card in various categories. According to the programme, you will earn 2,000 Reward Points in the same calendar month. The table below shows the number of Reward Points you will earn according to the spend amount per month:

    Spend categories Monthly spend Points Earned
    Grocery S$400 400
    Dining S$600 600
    Online shopping S$500 500
    Other retail expenses S$500 500
    Total S$2,000 2,000

    Redeem Rewards

    • You could redeem points for cash, at a rate of S$100 for 32,000 points.
    • Redeem the Rewards Points for shopping and dining vouchers, retail therapy vouchers, leisure and wellness vouchers, electronic gadgets, and home and baby products.
    • The points can also be exchanged for KrisFlyer Miles (Singapore Airlines). The bank will charge S$25 for every conversion. The conversion rate is 1,015 miles for 3,500 points.
    • To redeem, visit the bank’s website or call the 24-hour phone banking hotline. The Rewards Points are valid for three years.

    Interest Rates

    Type of interest Charge
    Retail purchases 25.9% p.a.
    Cash advance 0.077% per day (approximately 28.105% p.a.) on the withdrawn amount
    Instalment Payment Plan (IPP) EasyPay and 0% Interest Instalment Plan

    Other Fee and Charges

    Type of charge Charge
    Foreign currency transactions 3.5% on the converted amount
    Late payment fee S$80
    Over-limit fee S$40
    Cash advance fee 6% of the withdrawn amount or S$15, whichever is higher
    Supplementary card fee S$0 (for up to 5 cards)

    Activating the Card for Overseas Expenses

    The magnetic stripe on the back of your credit card is disabled to enhance the security of the card. If you want to activate your card for overseas use, you can follow either of these methods:

    • Send an SMS to the bank with your card details.
    • Visit the bank’s card activation webpage and click on ‘Overseas Card Usage’.

    Instalment Payment Plans Available

    Standard Chartered offers 2 types of instalment payment plans. They are:

    • EasyPay: With the EasyPay facility, you can break down you high purchases of S$500 or more into interest-free and flexible instalment payment over 6 or 12 months. You have to pay a one-time service fee of 5% and spread out your payments. The effective interest rates for 6 months and 12 months are 17.6% p.a. and 9.5% p.a., respectively.
    • 0% Interest Instalment Plan: Spread out your purchases with the 0% Interest Instalment Plan (IPP) at no extra charges. You will get to choose from tenures of up to 36 months and continue to earn Rewards Points or cashback for all transactions. Simply ask for this plan at any participating merchant outlet before making the payment.

    Cash Withdrawal on the Credit Card

    If you want money on an urgent basis, you can withdraw from your credit card. You can visit any Standard Chartered ATM in Singapore or abroad, or an affiliated Visa ATM. You can also get money from an SCB branch.

    Eligibility Criteria

    To know if you are eligible for the SCB Platinum Visa Card, check out our Standard Chartered credit cards page.

    Lost/Stolen Cards

    If your credit card is lost or stolen or misused, you must notify the bank immediately by calling the hotline or by notifying them in writing. You must also inform the police and submit the police report to the bank.

    According to the Association of Banks in Singapore (ABS), the maximum amount you are liable to give the bank in case of loss or theft or the card is S$100. But if the bank finds out that the  loss/theft/misuse was due to your negligence or you were part of the fraud, then you will be responsible for the entire amount charged to the card.

    When you are applying for a credit card, you might want to know all the associated benefits such as shopping, travel, dining, and everyday spends. On our site you will find credit cards explained in detail for your quick reference.

    Credit Card Tips

    RELATED CARD PRODUCT

    SCB NUS Alumni Platinum Card SCB NUS Alumni Platinum Card
    Annual Fee: S$192.60 (2-year waiver) Who Is It For: NUS graduates What You Get: 1 point for each S$1 spent
    Show Me Details

    RECENTLY VIEWED PRODUCTS

    Citi Prestige Card Citi Prestige Card
    Annual Fee: S$535.00 Who Is It For: Spend overseas & travel What You Get: S$1 spent = 5 Citi Dollars
    Show Me Details

    YOU MIGHT ALSO LIKE

    HSBC's Revolution Credit Card HSBC's Revolution Credit Card
    Annual Fee: S$160.50 (2-year waiver) Who Is It For: Who shop online & dine often What You Get: 5x Rewards points
    Show Me Details

    What Else Do I Need to Know?

    How to Enable/Disable Auto Debit & Standing Instructions

    You can enable the auto debit and standing instructions by filling out the Direct Debit Authorisation form, which is available with the participating merchants as well as with the bank. If you are looking to apply for recurring payment plan, which allows you to consolidate your bills into one single payment, you can download the form the bank’s website. To disable such instructions, you can reach out to the bank or the billing organisation.

    How to Apply for the Card & Check the Application Status

    On BankBazaar

    You can check your eligibility for the Standard Chartered Platinum Visa Card and apply for it through BankBazaar. To check your card application status, you can get in touch with our customer service team.

    How to Check Balance?

    SMS/internet/mobile banking

    You can check your card balance at any time through SMS banking, online banking, and mobile banking.

    How Can the Bill Be Paid?

    Phone/internet/cash/cheque and more

    There are various ways in which you can pay your card bill:

    • Cheque
    • AXS stations
    • Phone banking
    • Online banking
    • Interbank GIRO
    • Cash at a bank branch
    • Cash deposit machines

    How Much Is the Minimum Payment to Be Made on the Card?

    1% of the dues or S$50

    Your minimum payment would be 1% of the principal amount plus interest and other fees and charges, or S$50, whichever amount is higher. Additionally, if there is any amount overdue from previous statement and if there is any amount borrowed in excess of the credit limit, you will have to pay that as well.

    What Is the Grace Period?

    22 days

    You will get a grace period (interest-free period) of at least 22 days starting from the date of the statement.

    Which Mobile Wallets Can This Card Be Used With?

    Samsung Pay/Google Pay/Apple Pay/PayNow

    You can link this card with various mobile wallets:

    • Apple Pay: Link your card with this app to make contactless payments through your iPhone, iPad, and Apple Watch.
    • Samsung Pay: This app uses Magnetic Secure Transmission and Near Field Communication technologies to allow you to make contactless payments through your Samsung device.
    • Google Pay: Add your card to this mobile wallet and use it to make quick payments in stores, apps and online.
    • PayNow: This mobile wallet allows you to make payments instantly by using the recipient’s mobile number or NRIC.

    How to Block or Unblock the Card?

    Call the bank’s hotline

    You can get your card blocked or unblocked by calling the bank’s 24-hour hotline number.

    How to Reset the PIN?

    Call the bank’s hotline

    You can call the bank’s 24/7 phone banking unit to reset your credit card PIN.

    What Is the Billing Cycle and the Bill Due Date?

    You can check your monthly statement to know your billing cycle and the bill due date. The billing cycle and due date varies from customer to customer. The usual billing cycle is a period of 30 days, and you will receive the first bill a month after the card’s approval date.

    How to Get a Replacement Card?

    Call the bank’s hotline

    In the event of loss, damage, or expiry of your existing card, you can call the bank’s customer service team to request for a replacement card.

    How to Temporarily Increase the Limit of the Card?

    Get in touch with the bank to get your card limit temporarily increased.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.