If you never thought that you can save money using your credit card, then think again. In fact, you can save up to Rs. 6,000 annually using the Standard Chartered Super Value Titanium Credit card.
Every month, utility bills, paying for fuel, along with other expenses are common. Since these must be paid, wouldn’t it be great if you get paid back for paying your bills? That is exactly how this card works!
The Standard Chartered Super Value card for India is a card that offers to payback your purchases in the form of cashback for everything you do using the card. Read on to learn how you can save money using this card.
Benefits of the Card
One of the main benefits of the card is that it offers to pay 5% cashback on phone bills, fuel and other utility bills. You will also earn 1 reward point for all the other expenses.
For users who use their credit card to pay for everything, this card is very rewarding. Here are some other benefits of the card.
The card gives customers a 1% waiver for fuel bought using the card. This may not seem like much, but it shall also offer a 5% cashback on fuel payments, with a maximum of Rs 200 each month.
We all use the telephone, and have bills due each month. With this credit card, when you pay for your telephone bills, it gives you a 5% cashback on all telephone bills, up to Rs. 200 per month. It also gives you a maximum of Rs 100 on each transaction.
Other Utility Bills
Other utility payments such as water and electricity are also part of the deal. The users earn 5% cashback simply by paying for these expenses, using the credit card.
Other than cashback, you will earn 1 point for every Rs. 150 you spend on the card for all expenses, including the utility bills.
The Good Life Program
Additionally, the card gives you access to their “Good Life Program” that has many discounts and offers for shopping, travelling, dining and more.
Also, if you are a Standard Chartered India client, you will get the added advantage of zero annual fees on the card, which is a great offer.
Fees and Charges
Here are the Charges associated with the card.
- Joining fee – This is charged at Rs. 750.
- Annual card fee – This is charged at Rs. 750.
- Interest rate – This is a bit high at 3.49% each month.
- Withdrawal fee on the card – This is charged at 3% of the amount you withdraw, or Rs. 300, whichever of the two is higher.
- Rewards redemption fee – While redeeming the rewards, you will be charged Rs. 99.
- Cash processing fee – This is charged at Rs. 299
- Over the limit charges – This is charged at Rs. 500 or 2.5% of the over the limit amount, whichever is higher.
- Foreign currency transactions – The fee is 3.5% of the value of the transaction.
To be eligible for the credit card, you must meet the following requirements.
- Must be between the ages of 21 and 65 years.
- Must have a stable source of income per month.
- Other requirements as per the banks policies.
You can reach out to Standard Chartered banking helpline in your city by visiting their website. You can also write to them at Standard Chartered Bank, Customer Care Unit, 19 Rajaji Salai, Chennai 600 001, or email at firstname.lastname@example.org.
How to Apply for the Card
To apply for the credit card, visit the website and click on “Apply Now” Option.
Enter the information they request of you, and then click on proceed. You should then wait for them to contact you through their bank representatives.
With these benefits outlined, this is a good card to have in your wallet. Visit the company website for more about this card and how it can help you.
Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page page before agreeing to anything.