Standard Chartered Visa Platinum
Standard Chartered Visa Platinum
RM 8,000
Minimum monthly income
RM 0
Annual fee
Free for the first 2 years, and waived with an annual spend of RM12,000 from the 3rd year onwards
15%
Interest rate p.a
3.99%
Balance transfer rate (fixed)
Product details
Product details
Benefits
Dine, shop and travel to your heart's content
Get up to 8X more points when you spend overseas using foreign currencies, dining, grocery shopping and all other local transactions!
Bonus Points!
Find your online purchases rewarded with an extra 5,000 bonus points when you spend a minimum of RM1,500 (or more!) in each monthly billing cycle.
RM1 deals with participating merchants via Live The Good Life program
Enjoy RM1 deals at ZUS Coffee, The Inside Scoop and other merchants!
Flexible credit lines
Improve cash flow with Standard Chartered's Automatic Balance Conversion, Easy-Payment-Scheme, Credit Card Limit Increase and many more.
Features
Good for
Rewards/Offers
8X reward points on every RM1 spent overseas using foreign currencies
5X reward points on every RM1 spent on dining and grocery purchases
1X reward points on every RM1 spent on all other local transactions
Earn 5,000 bonus points when you spend a minimum of RM1,500 or above on online purchases in each monthly billing cycle
Seamless digital payments via Apple Pay, Samsung Pay & Google Pay
Get more benefits with Standard Chartered's Cash-On-Call-Plus, Easy-Payment-Scheme, FlexiPay Plus and Automatic Balance Conversion
RM1 deals at participating merchants such as The Inside Scoop, ZUS Coffee and others via Live The Good Life program!
Annual Fee waiver for the first and second year
Eligibility
| Minimum monthly income | RM 8,000 |
| Minimum age: | |
| Cardholder | 21 |
| Supplementary Cardholder | 18 |
Fees & Charges
| Annual fee | RM 0 | Free* |
| Annual fee waiver | Yes | Free for the first 2 years, and waived with an annual spend of RM12,000 from the 3rd year onwards |
| Late payment fee | RM 10/1% | 1% of the outstanding balance or RM10, whichever is higher (to a maximum of RM100) |
| Interest rate | 15% | Per annum and for cardmembers who promptly settle their minimum payment due for 12 consecutive months, with a max cap of 18% interest dependent on cardmembers' payment behaviour |
| Balance transfer rate (fixed) | 3.99% | Up to 36 months Balance Transfer period with minimum transfer of RM1,000 and no one-time upfront handling fee |
| Annual fee |
RM 0 Free* |
| Annual fee waiver |
Yes Free for the first 2 years, and waived with an annual spend of RM12,000 from the 3rd year onwards |
| Late payment fee |
RM 10/1% 1% of the outstanding balance or RM10, whichever is higher (to a maximum of RM100) |
| Interest rate |
15% Per annum and for cardmembers who promptly settle their minimum payment due for 12 consecutive months, with a max cap of 18% interest dependent on cardmembers' payment behaviour |
| Balance transfer rate (fixed) |
3.99% Up to 36 months Balance Transfer period with minimum transfer of RM1,000 and no one-time upfront handling fee |
Document required to apply
You will need to provide several documents such as (varies between different banks):
Salaried Employees (Private Fixed Income and Government):
- Photo of NRIC (front/back)
-
Proof of Income, such as:
- Latest detailed EPF statement (minimum of 2 years and downloaded from the KWSP i-Akaun app/website)
- Latest Form B/BE with LHDN Acknowledgement Receipt
Salaried Employees (Commission earner)
- Photo of NRIC (front/back)
-
Proof of Income, such as:
- Commission statement and bank statement
- Latest Form B/BE with LHDN Acknowledgement Receipt
Business Owners:
- Photo of NRIC (front/back)
- Latest Form B/BE with LHDN Acknowledgement Receipt
For existing Standard Chartered credit cardholders:
None required. If you've recently had a change in your salary, please update your documents.
Note:
Effective 13 May 2024, please ensure that "Akaun 3" is shown in the downloaded EPF statement.
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The Standard Chartered Visa Platinum credit card is one of the highest rewards credit cards, especially if you love travelling overseas, often dining out and grocery shopping. You can earn up to 8x reward points for every Ringgit you spend!
| Category | Reward Points |
|
Overseas (using foreign currency) |
For every RM1 spent, you earn 8x points! |
|
Dining |
For every RM1 spent, you earn 5x points! |
|
Grocery Shopping |
For every RM1 spent, you earn 5x points! |
|
All Other Local Transactions |
For every RM1 spent, you earn 1x points! |
That’s not all! There are more rewards and bonus points with the Visa Platinum Card:
- - Earn an extra 5,000 bonus points provided you spend a minimum of RM1,500 or more on online purchases in each monthly billing cycle
- - Get shopping vouchers, gifts, or even air miles when you redeem your accumulated reward points
What are the Visa Platinum Credit Card requirements?
To apply for the Visa Platinum credit card, you would have to be earning a minimum annual income of RM96,000 or RM8,000 monthly. The minimum age requirement would be 21 years old to 65 years old. If you are 18 years old, you can apply for a supplementary card.
What are the annual fees?
The Standard Chartered Visa Platinum Credit Card comes with an annual fee of RM120 for the Principal Card, while it is waived for the Supplementary Card. Enjoy an annual fee waiver for the first two (2) years, and continue to enjoy the waiver when you make an annual spend of RM12,000 from the third year onwards!
