Standard Chartered Manhattan Credit Card Review

By | April 5, 2021

Standard Chartered Manhattan Credit card is one of the most hyped-up credit cards in the country due to its name. Though Standard Chartered Bank considers it their premium card, it comes nowhere near SC’S beginner DigiSmart Credit Card.

Let us see what is provided in the card & its worth applying or not.

Standard Chartered Manhattan Credit Card Review

Fees & Charges

Type of FeeAmount
Joining FeeRs.999+GST
Renewal FeeRs.999+GST
Foreign Currency Markup Fee3.5%+Tax
  • Renewal fee waiver on spending INR120,000 in a year.

5% Cashback at Supermarkets

Standard Chartered Manhattan Credit Card Rewards

You will get 5% cashback on below;

  1. Reliance Fresh
  2. Big Bazar
  3. More Megastore
  4. D-Mart
  5. Food Bazaar

Also Read
Yes Premia Credit Card


Conditions on Cashback:

  • You can earn up to INR500 as cashback every month and INR 150 per transaction
  • You have to spend min. of Rs.1000 to earn cashback

SC Manhattan Credit Card Eligibility

  • Salaried: Minimum: 18 years;  Maximum:   62 years.   ​​​​​​​
  • Self Employed:  Minimum: 18 years; Maximum: 67 years.
  • Salaried:
    • Identity Proof
    • Address Proof
    • 1-month Payslip
  • Self Employed:
    • Identity Proof
    • Address Proof
    • 2 Year ITR

How To Apply

You can apply for the card in the following manner:

  1. You have to visit the Standard Chartered website to apply for the card.
  2. Fill up all the information to apply for the card
  3. Submit all the necessary documents required for the credit card

Our Suggestion

This is a basic card that offers fundamental rewards. This card also gives a maximum of its rewards on grocery shopping or online shopping.

The best thing this card offers you is 5% cashback.

But the drawback of this card is that it does not allow lounge access or offers a fuel waiver. So you should go for this card if you only want a card for basic transactions.

Manhattan Credit Card Benefits & Features

  • 3X reward points on all other spends
  • 3 RP on spending Rs.150
  • Reward Rate: ~5%
  • Up to 15% instant discount at MakeMyTrip
  • Visa Dining Offer: 15% off at selected restaurants
  • Complimentary Airport Access: Nil

You Can Also Read
Standard Chartered Visa Infinite Credit Card Review


Strength-Weakness

StrengthWeakness
Low joining feesNo lounge access
5% reward rate

Bottom Line

Standard Chartered has positioned its card as a premium card, but as I mentioned earlier, it revolves nowhere around premium cards. The reward rate in terms of grocery shopping is fantastic. But it does not have any exciting offers against which we can redeem points.

Also, it does not provide any lounge access. We hope SC will include some reasonable offers shortly. Till then, this card is beneficial for you if you make use of it more for grocery shopping only.


FAQ’s

How long does it take to apply for a credit card?

Application for the card takes a few minutes only. You can apply online through their website or visit the nearest branch to do the same. You can also contact them to ask if they can come to your house by own to collect the documents required for the card.

What will be my credit limit?

Your credit limit will depend on your eligibility criteria and regular transactions. And also on your one-time payment and credit score. The credit limit does not remain the same every time. It fluctuates depending on your repayment process.

How outstanding amount on card is calculated?

The minimum amount due every month shall be higher than the following
(a) 5% of statement outstanding or

(b) the sum of all installments listed, the interest charged, fees, other charges, and the amount used by you above the limit and 1% of the principal

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