Standard Chartered Visa Infinite Card is SC’s top of the line card which stands above Manhattan credit card but unfortunately doesn’t have any extraordinary benefits to be positioned under Visa Infinite variant. Though, it has decent features to consider holding one, if issued for free. If you’re holding other SC cards, you may request to issue this card for free, but you need to meet their high limit criteria. Lets dive into the benefits,
Standard Chartered Visa Infinite Card Benefits:
Airport Lounge Access:
- Visa Infinite Benefit: 4 complimentary airport lounge access per quarter
- Priority Pass Benefit: Only Membership is free, visits are paid, $27/access
5X Reward Points:
Here are the Reward Points you earn on your spends
- 5 reward points on every Rs.100 at Retail Fashion, Supermarkets & Overseas spends
- 2 reward points for every Rs.100 on all other categories
- Approx Point Value: ~ 30Ps
That means, with 5X category, you get 1.5% reward rate and on other categories you get 0.6%. So this simply means, its not worth calling it as a Premium card. Wish Visa has strict rules to issue cards under “Infinite” variant.
- Complimentary travel and medical insurance of up to USD 200,000 whenever you go overseas.
- 12,000 Bonus Points for spends over Rs10,000 a month for the first three months. (temporary offer)
- Enjoy 20% cashback* on Uber rides. Save upto Rs 600 every month. (temporary offer)
Standard Chartered Visa Infinite Credit Card Features:
- Card Expert Rating: 3.5/5
- Reward Rate: 0.6% – 1.5%
- Joining Fee: Free for Standard Chartered Bank Priority Banking Customers
- Fuel Surcharge Waiver: Yes
- Complementary Airport lounge access: Yes, 4 per Quarter via Visa Lounges
- Foreign Exchange Markup fee: 3.5% + Service Tax
- Special Benefit: 20% off on Uber is worth it
As you can see, apart from the Uber benefit and Visa lounge access, it has nothing much to offer. As mentioned earlier, its good to hold as long as its given for free. Else, skip it. Also, holding SC cards does help at festive times, like, in 2016 they ran an offer with which you can get 10,000 INR back on spending 3 Lakhs in a span of 3 months (oct-dec’16).
So, in such cases the reward rate shoots up to 3.3% which puts in in par with premium credit cards. Hence, never say “no” to the credit cards given for free, it will help some day or other 🙂
What’s your take on Standard Chartered Visa Infinite Credit Card? Share your views in comments below.