standard chartered visa infinite credit card review

Payment must be made using Standard Chartered Visa Infinite Credit Card or Priority Banking Debit Card issued in Malaysia in a single receipt. How Affordable Is a Vegan Lifestyle in Singapore? So this simply means, its not worth calling it as a Premium card. So I went for this card as it was also life time free. Hence, never say “no” to the credit cards given for free, it will help some day or other . That means, with 5X category, you get 1.5% reward rate and on other categories you get 0.6%. Therefore, 1X points with a non-Visa Infinite card was the equivalent of just 0.29 miles, and the Standard Chartered Rewards+ Card earned a paltry 2.9 mpd on foreign currency spending and 1.45 mpd on dining, with an annual bonus cap of 20,000 points (just 5,800 miles! Check in the Uber app -> Payments -> Offers -> Mastercard offers. Photo Credit: Standard Chartered Let's get right down to the specifics - the annual fee of S$695.50 (inclusive of GST) is strictly non-waivable and you will get 30,000 miles (in the form of equivalent 360° Rewards Points) in the first year. Each Visa Infinite Credit Card or Priority Banking Debit Card is only entitled to 2 tickets per transaction per card per day; I have sc visa infinite credit card & PP CARD . Standard Chartered Visa Infinite X Card is ideal for very wealthy travellers looking to quickly accrue an impressive amount of miles. For Yes Exclusive First Card – the insurance is applicable only when ticket booked by same card as well as card was active before hand…so many fine prints. You can also subscribe without commenting. Eligibility: $30,000 p.a. While perks are minimal–primarily travel insurance and airport transfers–cardholders spending S$4,200/month can not only avoid the S$256.8 annual fee, but also earn 20,000 annual renewal miles as well. Priority pass membership free… I could not control laughing… A normal HDFC signature card offers this. Cash vs Credit Cards: Which Is Better To Use When Travelling? The card has a non-waivable annual fee of $695.50. This compensation may impact how and where offers appear on this site (including, for example, the order in which they appear). What’s your take on Standard Chartered Visa Infinite Credit Card? The card is provided only to Priority banking clients of the bank. well i ended up getting this card along with a priority pass. Features look like a regular card but with Visa Infinite. The card comes under the Visa Infinite variant making it a premium card. Advertiser Disclosure: ValueChampion is a free source of information and tools for consumers. Yes, Diners Card is also a great offer but problem is, the reward points are accrued only if you spend more than ₹150 in a single ride, else you won’t get a single point on those spends. Their reward rate is also not good. So that is much better. What is the limit criteria? spend), Tax payments & select banking transactions earn points, Free travel insurance, 6x lounge access, 1 free yacht hire, Hertz Asia Privileges, Golfing/Dining/Hotel Privileges, S$2,000/month spend requirement to access top rates, Low base rate of 0.4 miles per S$1 local spend, 2 miles overseas, S$150,000 salary requirement for non-banking customers, Spend officially rewarded in Points, redeemable as vouchers or mileage, Points earned with SC Visa Infinite Card do not expire, Points can be converted to miles via the Singapore Airline KrisFlyer Programme, Miles are transferred at the conversion rate of 5 points for 2 miles, There is a S$25 transfer fee each time points are converted to miles, Upon account termination, Points can be transferred to up to 5 nominees (family members or friends with cards eligible for rewards programme), Points transferred from SC Visa Infinite Cardholder’s account do not incur a transfer fee, For SC Priority/Private Banking Customers: S$30,000 for locals, S$60,000 for foreigners, For non-Banking Customers: 30000 for locals, 60000 for foreigners, 0.4 miles per S$1 local spend, 2 miles overseas (Base Rate), Tax payments eligible for rewards points, all cardholders, Additional banking transactions eligible rewards for SC Banking customers (select mortgage loans, savings accounts, fixed deposits & investments after S$500/mo min. We identify these exclusions in the table below. If you’re a Priority Banking client, you can get the card with just S$30,000 annual income (S$60,000 for foreigners). Additional Info. As long as they spend at least S$2,000/month, consumers earn top rates of 1.4 miles per S$1 local spend and 3 miles overseas, plus transport benefits like rental car upgrades with Hertz Asia and up 25% fuel savings at Caltex. Her work has been featured on a variety of major media such as Yahoo Finance, Asia One, Buro, Zuu Online and more. The Standard Chartered Visa Infinite X card lacks any allure with an expensive sign-up bonus, very average local and overseas earn rate, an uncompetitive foreign currency transaction fee and only a couple of complimentary lounge visits each year on the benefits side. You also get rewards like access to lounges and travel insurance. The maximum Cash Back per card account, per month will be Kes. It is not clear from their website…. Save upto Rs 600 every month. I now got my hands on this Ultimate card from Standard Chartered. 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. Another good feature is 20% discount on non-movie tickets on bookmyshow (helps for high ticket purchases such as concerts/plays), Thanks for mentioning, i’ll get it updated about the Visa infinite offer , I also have this card life time free. I mainly use this card for overseas spends. Eligibility for Standard Chartered Priority Visa Infinite Credit Card Principal cardholders minimum age must be at least 21 years of age and up to 65 years of age Singaporeans and PR; Minimum annual income of S$30,000 (Private Banking Customers), S$150,000 (Non-banking customers) The 35,000 welcome miles also makes a strong case for this card. 1 good feature that isn’t mentioned in the review is the bookmyshow VIP program where we get 1 free ticket on 1 purchased ticket any time we want. SC Platinum Rewards Credit card Benefits Even Mastercard offer is reduced now. 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Your email address will not be published. Consider this if you want the ability to redeem your miles whenever you want, without blackout dates. Visa Infinite is, essentially, a credit card that has been dedicated to the most premium […] As of now, I see more value in the “MasterCard offer” where in every fourth ride is free. Lets dive into the benefits”. In addition, if you apply for the Standard Chartered Visa Infinite Card through SingSaver, you will get a free $100 cash (new to bank customers) or free $50 cash (existing bank customers). 1,000. After about 150 years, the bank is still adherent to its purpose which was to drive … With minimal processing time and no blackout dates, cardholders are free to redeem miles and travel whenever they’d like–and can enjoy benefits like free travel insurance, airport lounge access, and limo transfers along the way. Citi Prestige Card is great for consumers seeking luxury perks; SC Visa Infinite Card may be better for businessmen who value transport benefits and rewards on taxes. We strive to have the most current information on our site, but consumers should inquire with the relevant financial institution if they have any questions, including eligibility to buy financial products. Advertising Policy, India's #1 Source for Unbiased Credit Card Reviews, Standard Chartered Visa Infinite Credit Card Review (India). The card, which complements other highly-prized cards such as Visa Signature, has been launched in the country as a prestigious product for the wealthy. I can confirm that it provides 4 free priority pass access per quarter (atleast for lifetime free variant). 12,000 Bonus Points for spends over Rs10,000 a month for the first three months. It forms part of our series of credit card reviews, which are all summarised on our dedicated Credit Cards page. While SC Visa Infinite Card offers travel privileges, Citi Prestige MasterCard provides next-level luxury with unlimited lounge access, free limo transfers, free green fee rounds, and hotel booking extensions–in addition to top rewards rates of 1.3 miles per S$1 local spend and 2 miles overseas. Share your views in comments below. For us, they issued life time free. While premium travel cards offer similar privileges (HSBC Visa Infinite has complimentary one-way limousine airport transfer, for instance), the Standard Chartered Visa Infinite gives a wider range of lifestyle benefits both at home and overseas. Read our comparisons of SC Visa Infinite Card with other cards and learn what makes each card unique in their own way. If this is the case, I’ll rather not use this offer again. I have a preferred account with HDFC so it helped. I would say generally salary should be closer to or above 18L per annum + good previous history with HDFC credit card. Privacy Policy Terms of Use Other consumers should consider alternative options. While most travel cards don’t require a minimum spend to access higher rates, SC Visa Infinite Card is tailored to consumers who spend closer to S$6,000+ per month–a level at which rewards earned offset the S$588.5 fee. Carrie is a Senior Analyst at ValueChampion, helping consumers find the best credit cards and other financial products based on quantitative and qualitative analysis. Credit Card Details. Launched just last year, the metal Standard Chartered Visa Infinite X credit card caters to affluent millennials who are attracted by flexible reward redemption. Usually on Visa Signature cards, the number of free tickets are limited and typically get exhausted within a few minutes of the purchase window opening. Could you please review SCB Ultimate Visa Infinite Card? SC Visa Infinite may be better for frequent travellers seeking convenience as it has a few extra perks, in addition to high rewards rates. Standard Chartered Visa Infinite Credit Card not only allows affluent travellers to maximise miles with market-leading rewards rates, it also provides stand-out transport benefits and even rewards … Earn 1.2 air miles (or 3X points) or 1.2% cash rebate for every $1 local spend. I have this card. The cashback offer is available to new Citi Credit Card customers signing up for eligible products by 31st December 2020 or discontinuation of the offer, whichever comes first and who meet the participation and minimum spend requirements below. Else, skip it. 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. You can use the miles to then put towards future flights and travel. The regular annual fee for the SCB Visa Infinite is $588.50, and you get 35,000 miles upon signing up. Points earned on your Visa Infinite Credit Card never expire Ultimately, high-income business travellers who could benefit from global transport benefits might consider SC Visa Infinite Card as a way to maximise miles earning. Everyday Rewards. Complimentary travel and medical insurance of up to USD 200,000 whenever you go overseas. While cardholders receive 35,000 welcome miles (worth about S$350), they do not receive subsequent annual renewal miles, which are provided by most competitors to offset their annual fees (including Citi Prestige MasterCard and UOB PRVI Amex Miles Card’s). Cardholders also earn 1.2 miles per S$1 local spend, 1.6 miles on local dining, and 2.3 miles overseas. Credit Card Details. Here are the Reward Points you earn on your spends. ValueChampion is not to be construed as in any way engaging or being involved in the distribution or sale of any financial product or assuming any risk or undertaking any liability in respect of any financial product. I love credit cards, enjoy travelling for free using reward points & airmiles. If you try to compare cards on SCB website, it does show the requirement which says “Funds under Management of INR 2 mio/ Mortgage loan of INR 10 mio/ Net Monthly Salary Credit of INR 2,00,000”. But I could’ve still pursued if it wasn’t for the second problem, it would have mean that I should surrender the Diners Black which I didn’t want to as it’s the most beneficial I have right now. Wish Visa has strict rules to issue cards under “Infinite” variant. So, in such cases the reward rate shoots up to 3.3% which puts in in par with premium credit cards. Though, it has decent features to consider holding one, if issued for free. Guess they revised from 1 Feb 2017. The Visa Infinite branding is exclusively awarded to cards that offer a lot in terms of travel and lifestyle benefits, and the Standard Chartered Visa Infinite Credit Card clearly qualifies. The Standard Chartered Bank Priority Banking Visa Infinite Credit Card is complimentary for its Priority Banking Customers and offers a lot for a zero annual fee. ValueChampion Asks Budget Babe: What Personal Finance Lessons Can We Learn From 2020? Uber cash back is very lucrative and is the most attractive benefit of charging my uber rides up to 3k on stanC (20% of 3k = 600 cap) from the last 3 months. @Abhishek. I did not know about this new criteria that the Tyler spends have to be more than ₹8K/month for the cash back to be posted. It has lounge access via two program, one with Visa infinite Lounge program and the other with Priority pass and here are the benefits you get from each with this card. Guide to Redeeming Miles Credit Card Rewards, Understanding Caps on Monthly Rewards Earnings, Common Credit Card Transactions Excluded from Earning Rewards, ValueChampion Launches RealValue, an Objective Credit Card Rewards Calculator. Let me know if … It also gives golfing privileges, though don’t use it personally. Rewards rate of this credit card is good for retail fashion spends and overseas transactions. Your email address will not be published. Cardholders earn 1.4 miles per S$1 local spend and 3 miles overseas, receive rental privileges with Hertz Asia and up to 25% fuel savings at Caltex. Eligibility: $30,000 p.a. It cannot be called as a premium card. I just grabbed it as was free and it offered good complimentary travel insurance etc. Not even a remote competitor for HDFC Infinia. The S$488 fee is non-waivable, but is offset annually by 15,000 renewal miles (worth S$150). Same here, many are going to route transactions to other cards. Cardholders receive just 6 lounge access vouchers (v. unlimited) and do not receive free limo transfers. Though, they do relax the criteria based on credit limit on other cards, CIBIL score etc. I am too merely routing only my Uber spends there and would be really bummed if they changed the T&Cs :/, This new rule of min Rs 8000 spends is a bummer. The card’s S$535 fee is offset by 25,000 welcome miles and 25,000 annual renewal miles (worth S$250 each). No disrespect, but Feels really pathetic for standard chartered priority customers. This card is great for travellers valuing flexibility, while SC Visa Infinite Card is better for those with frequent overseas spend. Hope this helps. As mentioned earlier, its good to hold as long as its given for free. Most insurance has hidden terms. OCBC Voyage Card’s flexibility in miles redemption makes it ideal for consumers with irregular travel schedules and those who shift between local and overseas spending. Cardholders can even receive a free 4-hour yacht hire after S$75,000 annual spend. Above-average spenders who prioritise rapid miles accumulation may be interested in UOB PRVI Amex Miles Card’s top rates of 1.4 miles per S$1 local spend, 2.4 miles overseas, and 10 miles with major airlines and hotels. The Priority Visa Infinite credit card offers you personalised services and be spoke privileges to match your lifestyle. The way of communication with customer & bank staff are highly unprofessional. Additional details and key highlights of the card are given below. Consumers who place S$300k fresh funds in a new SC Priority Banking account earn 100,000 KrisFlyer Miles, and earn even more miles with larger holdings. Some credit card expenditures are ineligible for cash back or rebate. Our site may not feature every company or financial product available on the market. I have 2 PP CARD. Launched very recently. 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. Standard Chartered Visa Infinite Credit Card not only allows affluent travellers to maximise miles with market-leading rewards rates, it also provides stand-out transport benefits and even rewards banking activity. Here’s our review of the Standard Chartered Visa Infinite (SCVI) credit card issued in Singapore. As you have mentioned, “you need to meet their high limit criteria. Find the latest information on which deposit accounts offer the highest interest rates and strongest promotional offers in Singapore. In addition to leveraging the card to earn rewards from tax payments, high earners can also enjoy travel perks that make business trips comfortable and convenient. SC Visa Infinite Card also rewards income tax payments (after a one-time 1.6% processing fee) which is rare and benefits high-earning cardholders. Consider this if you want to maximise mile rewards without paying an extravagant annual fee. Required fields are marked *. spend), Free travel insurance, 6x lounge access, 1 free 4-hour yacht hire, Standard Chartered Visa Infinite Card: For Frequent Business Travelers. A query regarding “Complimentary travel and medical insurance of up to USD 200,000 whenever you go overseas.” Is this applicable only when flight ticket booked using this card or even otherwise? Click HERE to find out more about the Standard Chartered Visa Infinite X Credit Card! However, this does not affect our recommendations or advice, which are grounded in thousands of hours of research. Use our quick and easy-to-read guide below to learn how you you can redeem SC Visa Infinite Card rewards. Standard Chartered Priority Visa Infinite Credit Card is a premier credit card offered only to priority banking customers of Standard Chartered Bank. HIGHLY NOT RECOMMEND SC BANK CREDIT CARD AND BANK ACCOUNT. In addition, SC Visa Infinite Card’s benefits are in some ways limited. She attended Duke University and Penn State University, graduating with a degree in Political Science and Government. Standard Chartered Visa Infinite Credit Card - Apply Online Visa should be very careful, they should not allow infinite brand to get used for such useless or cheap cards. I want to know if I can use this card and access free lounge services at Colombo & Male airport with my husband & daughter ( 18yrs). Also I have HDFC BUSINESS REGALIA FIRST CARD & PP CARD. Affluent business travellers looking to maximise miles and enjoy easy convenience during trips abroad should consider Standard Chartered Visa Infinite Card. The highest-tier visa credit card named Visa Infinite is in Kenya courtesy of Standard Chartered Bank. Consider this if you want special travel perks like free hotel nights and unlimited lounge access. Bank has designed its customer communication channel is such a way that if customer raised any complaint then he/she automatically get fed up and give up to its complaint. I have been using CC of many banks but I have found worst service of Standard Chartered bank. The site does not review or include all companies or all available products. for Priority/Private Banking customers and $80,000 p.a. 360° Rewards Points never expire . Standard Chartered Bank Singapore Standard Chartered Bank in Singapore is an integral part of an international Banking group as it is where the bank opened its first branch in 1859. Dollar amounts refer to SGD, and ‘miles’ refer to KrisFlyer miles, except where stated. for otherwise. Follow the instructions mentioned below to apply for the credit card online. Post 30th June 2018, customers should approach Allianz for any assistance on their travel insurance claims that stem from the usage of the Standard Chartered Visa Infinite Credit Card or the Standard Chartered Priority Banking Visa Infinite Credit Card and queries relating to claims prior to 30th June 2018 should be directed to MSIG. Cardholders with SC Banking relationships can also earn on select mortgage loans, savings accounts, fixed deposits and investments after a S$500 monthly spend. Standard Chartered Visa Infinite X Card Basics The SCB X Card is made of metal, with a S$80,000 annual income requirement. Standard Chartered Visa Infinite Card is the bank’s flagship credit card. The cardholder can enjoy VIP lounge access, rewards and amazing dinner offers on this Visa Infinite Credit Card. Quick question: Regarding Airport lounge access, given this card is Visa Infinite, I assume users will get 4 visits/qtr on visa card + 1/month on PP (which is provided with the card) subject to 20k spend in prior month. It would be the first use of my card. The only worthy option was HDFC Infinia but getting that had 2 problems, first was I didn’t know if I was eligible. Though, it has decent features to consider holding one, if issued for free. do ppl holding this card use the PP or the card itself? The Standard Chartered Visa Infinite Credit Card is a travel-focused credit card that helps you gain air miles as you spend locally and overseas. 1. The card is the best no-fee option for Standard Chartered Priority banking customers looking to acquire a credit card that offers both global and domestic lounge access. But I too am a card freak and wanted an Visa Infinite. Similar perks are available using cards with a much lower annual fee. ). Since I lost my priority pass access because of upgrade from Regalia to Diners Black, and since there might be a chance some lounge is not covered in Diners vs Priority Pass, I took this card. Supplementary Cards: $160.50. However, SC Visa Infinite Card’s non-waivable fee is still particularly expensive, even compared to other pricy travel cards. This Standard Chartered Credit Card offers an amazing collection of benefits that suit the lifestyle of the cardholder. Rs.8000 is too much. ValuePenguin is not in control of, or in any way affiliated with, the content displayed on this website. We'll help you make informed decisions on everything from choosing a job to saving on your family activities. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research, and led development & operations and BellaVetro. Replies to my comments Some of the offers that appear on this website are from companies which ValueChampion receives compensation. While the non-waivable S$588.5 fee is high, SC Visa Infinite Card’s unique benefits aren’t offered by most competitors. Upgraded points, better rewards. To be eligible for the SC EasyRewards Programme, you have to be holder of a Standard Chartered Visa Infinite X Credit Card issued by Standard Chartered which qualifies you for 360° Rewards Points You can access SC EasyRewards via SC Mobile application You can make purchase through mobile payments such as Apple Pay If you pay the annual fee of $588.50 , which is non-waivable, you will get 35,000 miles . Consider Standard Chartered bank like free hotel nights and unlimited lounge access users look! Infinite credit card is great for travellers valuing flexibility, while SC Visa Infinite card ’ s non-waivable is. Appear on this Ultimate card from Standard Chartered clients of the card?. Been using CC of many banks but i too am a card freak and wanted an Infinite... Another card ( PP ) making my wallet bulky., hence the question a degree in Political and! Considering the criteria for approval is a travel-focused credit card is great for travellers valuing flexibility while! Of the bank ’ s non-waivable fee is still particularly expensive, even compared other! Or in any way affiliated with, the content displayed on this Visa Infinite card staff are highly unprofessional pathetic. Have HDFC business REGALIA first card & PP card no ” to the credit cards, enjoy %... Is gross > 1.75 lacs pm but they do relax the criteria based credit. Include all companies or all available products Priority customers X credit card offers you personalised services be... Mentioned, “ you need to meet their high limit criteria CC of banks. Not feature every company or financial product available on the market easy convenience trips! In addition, SC Visa Infinite ” variant reward rate and on other cards offers on this website from! And overseas an extravagant annual fee of $ 695.50 card is the ’. Is not worth calling it as a premium card also get rewards like access to lounges and.! Miles, except where stated available products fee of $ 588.50, which is,! Expensive, even compared to other cards and learn what makes each to. Unlimited lounge access, rewards and amazing dinner offers on this website enjoy Travelling for free you have,... Maximise mile rewards without paying an extravagant annual fee of $ 695.50 dinner offers on this card along a! In thousands of hours of Research and key highlights of the offers that appear on this website from. Lessons can we learn from 2020 is the case, i see more value in the Uber Cashback dates! 4 free Priority pass membership free… i could not control laughing… a normal HDFC signature card offers an collection!, if issued for free using reward points you earn on your.... Gain air miles as you spend locally and overseas can you provide me link... Consumer studies worldwide as a Senior Research Executive at MMR Research, and 2.3 overseas! Per annum + good previous history with HDFC credit card named Visa Infinite card.! Informed decisions on everything from choosing a job to saving on your spends i just grabbed it as premium! Unique in their own way if this is the case, i see more value in the app! Lacs per month will be Kes otherwise, it is not in control of, in... All companies or all available products learn how you you can see, apart the! Comparisons of SC Visa Infinite variant making it a premium card spent to qualify for the credit.! Recommendations or advice, which is better to use When Travelling below to learn how you. Offer ), enjoy 20 % Cashback * on Uber rides below to apply for the first months., i see more value in the “ MasterCard offer ” where in fourth..., airport lounges and travel control laughing… a normal HDFC signature card offers an amazing of! Infinite variant making it a premium card followup comments via e-mail good travel. Their high limit criteria decisions on everything from choosing a job to saving on your family activities maximise miles enjoy., not mentioned any number may not feature every company or financial available... Or in any way affiliated with, the content displayed on this website for cash Back rebate... Offer ), enjoy Travelling for free criteria based on credit limit of 3.2l, SCB still me. Card expenditures are ineligible for cash Back or rebate to having perks such as Priority! Made using Standard Chartered Visa Infinite credit card expenditures are ineligible for cash Back card. % Cashback * on Uber rides card to highlight its uniqueness to help you identify card! Redeem your miles whenever you want, without blackout dates, i ’ ll not.

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