Upgrade to StandC Smart CC

[AjaxS]

Hi All,

I was offered a paid upgrade to Smart CC from Rewards credit card. It is a paid version, if I ignore this will I get a LTF upgrade.

 

[prc1990]

Yes for Telecom. Utilities (Electricity, Water, Gas)

From any app right?

 

[Desu Sarath]

Hi All,

I was offered a paid upgrade to Smart CC from Rewards credit card. It is a paid version, if I ignore this will I get a LTF upgrade.

Pls get it confirmed from authorised employee. If they say it is not possible, then ignore this

 

[bhaveshS]

From any app right?

Y e s

 

[SonyTom]

After the recent devaluation, to redeem this cashback, you need to wait till it reaches ₹2500

 

[prc1990]

After the recent devaluation, to redeem this cashback, you need to wait till it reaches ₹2500

You mean the initial redemption or any redemption?

 

[SonyTom]

Posting in text for readability

FAQs – Revision with respect to Late Payment Charges, Cashback Redemption Thresholds and Priority Pass​

Q1. What are the changes pertaining to Late Payment Charges on my Standard Chartered Credit Card?
A. Please refer to the following grid for changes pertaining to Late Payment Charges on Standard Chartered Credit Cards.

Statement Balance	Current Charges	Proposed Charges
(Rs)	(Rs)	(Rs)
Up to 100	0	0
101-500	100	100
>500-5,000	500	500
>5,000-10,000	700	700
>10,000-25,000	800	1,200
>25,000	1,200

Q2. Will I be impacted if I pay the Minimum Amount Due within the Payment Due Date as per the Statement generated?
A. No. Changes mentioned in above grid only pertains to clients who do not pay Minimum Amount Due within the Payment Due Date.
Q3. What is the revision on cashback redemption threshold related to my Credit Card?
A. Please find below the following revision with respect to redemption of cashback for Standard Chartered Credit Cards.

Cash back Redemption	Current (INR)	Proposed (INR)
A. Standard Chartered Smart Credit Card i. Min cashback balance ii. Cashback multiplier	1000 500	2500 1000
B. Standard Chartered Manhattan Credit Card i. Min cashback balance ii. Cashback multiplier	500 50	1500 500
C. Standard Chartered Super Value Titanium Credit Card (Including Premium Banking Clients) i. Min cashback balance ii. Cashback multiplier	500 50	1000 500

Q4. Is there any cap on maximum cashback that can be redeemed?
A. No there is no cap on maximum cashback that can be redeemed.
Q5. Is there any change to the cashback earn rate for Smart, Super Value Titanium or Manhattan Credit Card?
A. There is no change to cashback earn rate or categories for Smart, Super Value Titanium or Manhattan Credit Card. The only changes are in redemption thresholds as defined above.
Q6. I have INR 3600 cashback on my Smart Card, INR 1800 cashback on my Super Value Titanium Card and INR 1900 on my Manhattan Credit. How much cashback can I redeem on each of my Credit Cards?
A. For the above example, client can redeem cashback of INR 3500 on Smart Card, INR 1500 on Super Value Titanium Credit Card and INR 1500 on Manhattan Credit Card.
Q7. Is there any change in the process of redeeming cashback?
A. There is no change to the process of cashback redemption. Clients can continue to redeem cashback by logging in to the Rewards 360 portal.
https://retail.sc.com/in/rewards360/rewards_home/in
Q8. What are the changes pertaining to complimentary Priority Pass feature on Standard Chartered Credit Cards?
A. Using Priority Pass on any Airport Lounge in India (Domestic/International terminal) will attract applicable charges.
Q9. What is the change in the feature for complimentary usage of Priority Pass if I am a Premium Super Value Titanium Credit Cardholder?
A. The qualification criteria for 1 complimentary usage of Priority Pass per month for Premium Super Value Titanium Cardholders at International Lounges is being revised from spends of INR 10,000 in the previous month and will be available only to clients tagged under Premium Banking segment of the Bank with FUM qualification of INR 15 lakhs at an individual account level.
Q10. I do not own any of the credit card variants mentioned above which have Priority Pass feature. Will I be impacted by the changes mentioned in above grid?
A. No. This information pertains to only Priority Pass holders by virtue of holding the variants of Standard Chartered Credit Cards as mentioned above.
Q11. I hold a Premium Super Value Titanium Credit Card, but I’m not a Premium Banking Segment client with Standard Chartered Bank. Can I get complimentary international lounge access using Priority Pass?
A. No. The feature of complimentary International Lounge Access using Priority Pass for Premium Super Value Titanium Cardholders will be available only to Premium Banking segment clients and maintaining a FUM qualification of INR 15 lakhs at an individual account level.
Q12. Are there any changes with respect to Domestic Lounge access on Standard Chartered Credit Cards?
A. The changes mentioned above in Q8 and Q9 are with respect to usage of Priority Pass only. There are no changes with respect to complimentary Domestic Lounge Access feature on Standard Chartered Credit Cards.

For first as well subsequent redemption

 

[prc1990]

For first as well subsequent redemption

Now the min. cashback amount is 2.5K but cashback multiplier is 1K. Looks bit odd. Logically "Min. Cashback Balance" should be atleast one of the multipliers of "Cashback Multiplier". Isn't it?

 

[SonyTom]

My understanding is when we enter the number of points for redemption into the box, it will accept only these values - 2500/3500/4500/5500 etc.

 

[prc1990]

My understanding is when we enter the number of points for redemption into the box, it will accept only these values - 2500/3500/4500/5500 etc.

But these numbers are not the multiplier of 1000. Their illustration and cashback multiplier seems to be contradictory 😂.

 

[SonyTom]

But these numbers are not the multiplier of 1000. Their illustration and cashback multiplier seems to be contradictory 😂.

The guys who bring out these T&Cs are probably MBAs. How would they know the meaning of multiple or multiplier🤣

 

[prc1990]

The guys who bring out these T&Cs are probably MBAs. How would they know the meaning of multiple or multiplier🤣

MBA folks do not know basic maths? Are you comedy me? 🙃😁

 

[SonyTom]

MBA folks do not know basic maths? Are you comedy me? 🙃😁

Just joking yaar. As in every field, there are smart guys and dumb a**es. Maybe StanC hired the latter

 

[avikrish]

But these numbers are not the multiplier of 1000. Their illustration and cashback multiplier seems to be contradictory 😂.

Does these rewards points has validity?
Can we redeem this via Amazon vouchers ?

 

[prc1990]

Does these rewards points has validity?
Can we redeem this via Amazon vouchers ?

Not sure, don't own one.

 

[hellobois]

People have it LTF. People even have SC Ultimate and Infinia as LTF

A big H O W ?
They refuse LTF request immediately.
Must be high nav people.

 

[zealsid]

I also received paid upgrade to Smart CC but I am already having smart CC. Dont know what they are thinking for sending such emails.

 

[hellobois]

But these numbers are not the multiplier of 1000. Their illustration and cashback multiplier seems to be contradictory 😂.

I have redeemed 1000 last week only. May be the new rule comes into effect from May 24.

 

[avikrish]

I have redeemed 1000 last week only. May be the new rule comes into effect from May 24.

What is the validity of points ?
Can we redeem the points in form of Amazon pay gift card ?

 

[Desu Sarath]

What is the validity of points ?
Can we redeem the points in form of Amazon pay gift card ?

I have Never seen Amazon/Flipkart vouchers from last 2 years in their 360 reward portal.

 

[SonyTom]

What is the validity of points ?
Can we redeem the points in form of Amazon pay gift card ?

1. There is no mention of any validity of the cashback points received with Smart CC.

2. Cashback points once redeemed are adjusted against statement credit. 1 CB point = ₹1