If you want to own a credit card that lets you earn your money’s worth back, then check out the Standard Chartered Visa Gold Credit Card. It offers a lot of rewards for travel, shopping, dining, and many other experiences.
If you’re one of those who want to spoil themselves on a holiday, this is the credit card that you want to have. Standard Chartered and Visa are both reputed financial institutions, and they offer a lot of benefits to people who have these cards.
- The Many Features of Standard Chartered Visa Gold Credit Card
- Check Out the Interest and Other Charges
- Why You Need to Pay Your Bills on Time
- Check to See If You Are Eligible for the Standard Chartered Visa Gold Credit Card
- Get More Options to Do Transactions With Multiple Banking Channels
The Many Features of Standard Chartered Visa Gold Credit Card
It’s good to know that many banks provide a range of features and benefits to cardholders.
Standard Chartered is surely one of those banks that take good care of their customers by giving them what they need.Â
The Standard Chartered credit card has a marginal tax rate of 18 percent for all of your private loans and any other purchases made from your card.Â
If you have paid all of your interests within the time frame, you also get an advantage of a 48-day credit period. Additionally, you have the option to take out a loan through your card if you need funds.
Learn More About the 360 Degree Rewards Program
Most banks today offer a point system where you can exchange or redeem rewards from your collected points. This has become a norm and encourages the cardholder to continue using the card to get even more rewards.Â
Standard Chartered also offers the 360 Degree Rewards Program where you get a point for every 300 Rs you spend through the card. The best part about using the card and earning points is that you can redeem these points for shopping and travel rewards.Â
You can even use the points to purchase airline tickets, and you even get complimentary travel insurance as an added benefit. This is why you should keep on using this credit card so you’ll be able to collect as many points as possible.
Check Out the Interest and Other Charges
Cardholders must know the interest and many other charges on their Standard Chartered Visa Gold credit card. This way, you won’t be surprised when you look at your bill after each cycle.Â
The primary fee that you should know is the joining fee which is only Rs 500, while the annual fee for both primary and secondary cards is Rs 2,500. For every late payment that you make, you get charged Rs 900.
If you do exceed your credit limit, you’ll also incur an over-limit fee of Rs 900. A cash advance is also available at 50 percent of the credit limit at maximum.
Meanwhile, payment should be done within 18 days from the date mentioned on the credit statement. Make sure that you always pay on time to avoid the fees mentioned above.
Save More Money the More You Swipe Your Card
Most people tend to think that credit cards are often very expensive to maintain due to the interest rates and the charges you acquire from using them. While many cards do this, Standard Chartered does not give you or even approve a card that they know you cannot maintain.Â
This is why Standard Chartered Visa Gold credit card is the most suitable for you since it does not have any service charge. You get to save more money the more you swipe and use your card.Â
Go ahead and use the card for either entertainment purposes or simply paying your bills, and you’ll receive a lot of benefits.
Why You Need to Pay Your Bills on Time
Many credit card holders often have to deal with maintaining their credit scores. Your credit score will heavily affect how you move forward with your card.Â
People who have low credit scores often have problems with their cards. There are many reasons you end up having a low credit score. One of which is not paying your bills on time.
Always make sure you pay your interest and other charges on time to maintain a good credit score and even increase it. Ensure you’re notified of the due dates and pay on or before the said date so you won’t have any issues later on.
Here’s How You Can Settle Your Credit Card Bill Fast and Easy
The best way to settle all of your credit card bills is through the use of either their internet banking through their official website or their mobile banking with the use of their official app.
Both of these options make it more convenient for cardholders to make payments since you can do it anywhere at any time. You don’t have to visit the bank whenever you want to make payments.Â
With just a few taps on your device, you immediately pay for your bill and even receive some promotions exclusively found on the app. Go ahead and give it a try today.
Check to See If You Are Eligible for the Standard Chartered Visa Gold Credit Card
As with many banks all over the world, Standard Chartered requires information from its applicants. You must first determine your eligibility for the card before applying.
First, the applicant must be at least 18 years old. You should also have a net income of Rs 30,000 and make sure to present any document that will support this claim.
Two types of individuals can apply, and these are employed and self-employed individuals. Both have different eligibility requirements, so be prepared. For employed individuals, you will need to present an ID like a driver’s license or passport and a certified salary slip, and proof of income for the past three months.
Self-employed individuals will need to present a business registration certificate, an ID, a letter from an auditor, and any proof of income. The bank may also ask for more documents for proof.
How to Apply for a Credit Card
Now that you want the requirements for the application, it is time to learn how to apply for a credit card.Â
To apply, you can either head over to the nearest branch or check out the official website. Select Credit Cards and it will open a new menu where you have the option to choose the kind of credit card that you want. Select Visa Gold Credit Card and select Apply Now.
You will then have a new menu where you can fill up all the necessary information and submit it afterward. The bank will have to check all the information before getting approval. Take note that there are instances where the bank will call you and ask for more documents if they want to.
Get More Options to Do Transactions With Multiple Banking Channels
Many banks offer a lot of options for their customers to do banking. Some offer online banking, while others want to visit the nearest branch.Â
Standard Chartered allows for multiple banking channels, such as online banking services through the mobile app or phone banking by calling their toll-free number.
These multiple channels allow you to have a lot of choices, so you can always do transactions whenever, wherever you want. You get message alerts for every credit transaction that you get, so you know all of your transactions are legitimate and approved.Â
It is also advantageous that you have such an alert so you’ll know if there are unapproved or even fraudulent transactions done on your card.
Here Are Their Contact Information
For those who have further inquiries regarding their eligibility and application, you can check out their official website and head over to their customer service page. A representative will get in touch with you shortly to assist with your inquiries.
You may also visit the nearest branch and if you don’t know how to locate the nearest branch, the website offers a feature where you can find one. You can also go directly to their main office at 37 York Street, Colombo 1, Sri Lanka with telephone number 2480 000 or fax 5450 007.Â
They also have another branch at WEllawatte, which is located at 585 Galle Road, Colombo 6, Sri Lanka with contact details — 2581 225, 2581 335, 2364 457 — Fax: 2508 933. If you need immediate assistance, you can reach out to them at their Helpline number +94 112 480 480.
Conclusion
The Standard Chartered Visa Gold Credit Card is highly recommended for people who want to go on holiday or even go shopping or dining a lot. If you choose not to spend on these items, you won’t fully enjoy the benefits of this card. The benefits and perks of the card are mostly geared toward the spenders.
With its middle-of-the-road interest rate, it’s a good credit card to own. Make sure to check out many cards before deciding which ones you need to use.
Disclaimer: There are risks when applying for and using credit products. Make sure to review the bank’s terms and conditions before making any commitments.