Standard Chartered Bank Ltd. is a leading global bank and also operating in Pakistan. Besides this, it is the first international bank who has been awarded the license of the Islamic banking in Pakistan. Standard Chartered bank is providing its services in retail banking, business banking, trade finance, secured and unsecured lending, securities services, debt capital markets, foreign exchange and corporate bonds to a wide clientele which falls under the domain of retail, corporate and institutional banking. Standard Chartered bank is providing unparallel lending products to its customers, among those services one is the Standard Chartered Platinum Credit Card.
Standard Chartered Platinum Credit Card provides you unmatched personalized banking services wherever you go globally. Standard Chartered Platinum Credit card not only symbolizes your success but also encourages you to enjoy it by availing exclusive services offered by the bank. It is a high-end product designed specially to complement your lifestyle. Standard Chartered Platinum Credit card offers you unrivalled discounts and amazing offers in travel, dinning and shopping related outlets.
Advantages of Standard Chartered Platinum Credit Card
Standard Chartered Platinum Credit Card is a perfect premium product which offers its user an array of services and advantages, which complements its lifestyle. Let’s have a look at the advantages of the Standard Chartered Platinum Credit Card.
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Rewards
Standard Chartered Platinum Credit Card offers rewards points for its customer, on spending of every PKR 200/- you will earn the reward point, which you can later redeem it by shopping your favorite gift from their acatalogue. Moreover, it also offers amazing discounts at their platinum accredited hotel to give you an added value taste of your life. It also brings extravaganza high street shopping discounts for you and your family.
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Airport Lounge Access
Standard Chartered Platinum Credit Card offers you six complementary visits in a year from 20 lounges worldwide thorough the lounge key. It also offers free CIP airport lounge access in Pakistan. Besides this, it also provides luxurious and stress-free atmosphere to you during flight delays and other such situations. Apart from this, it also satisfied your appetite with free snacks and beverages.
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Supplementary Cards for your Loved Ones
Standard Chartered Platinum Credit Card offers you upto five supplementary cards to your family as well, so that they can take advantage of the services provided under the umbrella of this prestigious credit card.
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Personalized Customer Service
Standard Chartered Platinum Credit Card offers personalized customer services related to your credit card, cash balance inquiry or any such query, it will be prioritized by the customer service department.
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Platinum Travel Desk
Platinum travel desk is always at your service whenever and where ever you are planning your vacations with your family. It can pick you from the airport and drop you to the destination with all comfort and luxuries. Besides this, it also finds the best travel destinations with suitable rates, so that you travel hassle free and don’t have to worry about the travel agents.
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Flowers and Gift Service
Standard Chartered Platinum Credit Card always stand by your side irrespective of the event. It can help your send exquisite and heart welcoming wishes to your loved ones. It helps you to brighten the day of your loved ones by sending them floral bouquets and gifts.
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Easy / Aasan Installment
With the help of Standard Chartered Platinum Credit Card, you can shop anything and covert the amount into easy installments. You can buy the product at 0% APR from their catalogue and make the payments in Aasan installment.
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Online Banking
It offers you free online banking and a digital convenience to access your funds wherever you are and make the best use of it. Now distance would not hinder your business activity, your child education or any other personal and corporate shopping. With the online banking stop shop you can access your funds and pay to the required person in one simple touch.
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E-Statements
Standard Chartered Platinum Credit Card send you free E-statements of all the transactions, added with quarter and annual statements to keep you updated and vigilant of our account transaction. So that if any unknown transaction would occur from your account, proper action ca be lodge at the right time and make it a failed attempt. All this arrangement is to secure your account from the external threats.
Drawbacks of Standard Chartered Platinum Credit Card
Standard Chartered Platinum Credit Card is holding wide ranging benefits, however, there is an associated cost attached with all of them. If you have the Platinum credit card and you are not taking advantage of its benefits, these costs which you are paying against them all will be wasted.
Additional Reading: A Review of Bank Alfalah Platinum Credit Card
Fees and Charges
The following chart will give you an idea about the fees and charges of the Standard Chartered Platinum Credit Card:
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Fees and Charges |
PKR |
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Annual Fee (Basic) |
6000/- |
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Supplementary Fee |
3000/- |
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BTF Processing Charges |
3.5% of the transfer amount |
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Annual Percentage Rate |
42% |
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Late Fee |
1500/- or 10% of the minimum amount outstanding, whichever is higher. |
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Arbitration Charges for disputed Transactions |
500 USD or equivalent |
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Online Banking Charges |
2% of the transaction amount |
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Cash Advance Charges |
1000 per transaction or 3% of the cash advance amount, whichever is higher |
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Banker’s Cheque Book Issuance Fee |
20/- per leaf |
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Foreign Transaction Charges |
3% of the transaction amount |
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Card Replacement Fee |
200/- per card |
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Returned Cheque Charges |
1000/- per instance |
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SMS Alert Fee |
100/- per month |
There are few service charges as well, which are as follows:
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Service Charges |
PKR |
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Aasan Installment Plan service fee |
3.5% of the outstanding amount |
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Cash Advance Service Charges |
42% annually |
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Reward Program fee |
1000/- per annum |
Conclusion
In a nutshell, Standard Chartered Platinum credit card is providing you an unparallel personalized banking experience, but there is an opportunity cost associated with all those underlying benefits offered by the Standard Chartered platinum credit card. Visit Mawazna.com now to compare all credit cards offered by Standard Chartered Bank and choose the best for yourself.
“Mawazna Karein Apne Liye, Apno key Liye“
