Standard Chartered EaseMyTrip Credit Card – Benefits, Fees & Eligibility

Standard Chartered EaseMyTrip Credit Card

Introduction

The Standard Chartered EaseMyTrip Credit Card is a co-branded travel card launched in partnership with EaseMyTrip, an online travel services company, designed to enhance travel experiences. It offers exclusive deals and discounts on travel-related bookings made through the EaseMyTrip app or website, allowing cardholders to "SkipToTheTrip." The card comes with a nominal joining and annual fee of ₹350, which can be easily waived based on annual spending. Beyond travel privileges, it provides decent reward rates across various spending categories, with accelerated rewards specifically on travel bookings, and includes complimentary domestic airport lounge access.

Fees

• Joining Fee: ₹350 + GST
• Renewal Fee: ₹350 + GST
• Spend-Based Waiver: The renewal fee of ₹350 + GST will be waived off on spends of ₹50,000 or more on the Standard Chartered EaseMyTrip Credit Card in the previous year.
• Rewards Redemption Fee: ₹99
• Foreign Currency Markup: 3.5% of the transaction amount
• Interest Rates: 3.75% per month
• Fuel Surcharge: 1% fuel surcharge is applicable on all authorized fuel purchases.
• Cash Advance Charges: 3% of the withdrawn cash amount or ₹300, whichever is higher.

Rewards

• Assured Discounts on EaseMyTrip (using promo code "EMTSCB")
  • Flat 20% instant discount on domestic & international hotel bookings.
    • Maximum discount: ₹5,000 for domestic hotel bookings.
    • Maximum discount: ₹10,000 for international hotel bookings.
  • Flat 10% off on domestic & international flight bookings.
    • Maximum discount: ₹1,000 for domestic flight bookings.
    • Maximum discount: ₹5,000 for international flight bookings.
  • ₹125 off on bus ticket bookings, on a minimum ticket booking of ₹500.
• Reward Points on Spends
  • Earn 10x reward points on every ₹100 spent for booking tickets at standalone hotel and airline websites/apps/outlets.
  • Earn 2x reward points for every ₹100 spent on all other categories of retail spends.
  • No Reward Points are earned on cash withdrawals, card fees & charges.
• Lounge Access
  • Enjoy 2 complimentary domestic lounge access per calendar year.
  • Complimentary access to international lounges (both within and outside India) has been discontinued with effect from October 15, 2024.
• Card Network
  • The EaseMyTrip Credit Card is offered on the Visa Network.

Rewards Redemption Guide

• Each Reward Point is valued at ₹0.25.
• The monetary value of 2 Reward Points is equivalent to ₹0.50.
• Earned rewards can be redeemed against products, gift vouchers, or services available on the Standard Chartered 360° Rewards portal.
• Reward Points are valid for 2 years from their accumulation date.

Card Eligibility Criteria

• Eligibility Rules
  • Applicant’s age should be between 18 and 65 years.
  • Minimum age for an add-on cardholder is 18 years.
  • Applicants should have a stable monthly income.
  • Applicants should belong to credit card sourcing cities/locations of the Bank.
  • All applications are subject to credit and other policy checks of the Bank.
• Documents Required
  • Identity Proof (Any One of the following Photo cards): Passport, Voter Id Card, Govt ID.
  • PAN Card.
  • Address Proof (Any One of the following documents with current residence address): Aadhaar Card, Passport, Driving License, Election/Voter’s ID Card, Job card issued by NREGA duly signed by an officer of the State Government, The letter issued by the National Population Register containing details of name and address.
  • 1 recent passport-sized Photograph.
  • Financial documents for salaried: Latest one month salary slip.
  • Financial documents for self-employed businessmen: Latest IT Returns with computation of income /Certified Financials, Last Business Continuity proof.
  • Financial documents for self-employed professionals: Latest IT Returns, Business Continuity proof.

Card Review

The Standard Chartered EaseMyTrip Credit Card is an excellent choice for individuals who frequently travel domestically and prefer making their bookings through the EaseMyTrip app or website. It provides significant value through accelerated rewards on travel spends and substantial discounts, making it a rewarding option for travel enthusiasts. The low spend threshold for the annual fee waiver (₹50,000) makes it easy to maintain the card without incurring renewal charges.

• Pros
  • Up to 20% instant discount on hotel bookings and 10% on flight bookings at EaseMyTrip.
  • 10x rewards on travel bookings made at standalone airline/hotel websites/apps/outlets.
  • 2 complimentary domestic lounge accesses per year.
  • Decent reward rate of 2x for every ₹100 spent on all other retail purchases.
  • Annual fee waiver on spending just ₹50,000 or more in the preceding year.
  • Zero Liability Protection against a lost/stolen card.
• Cons
  • No fuel surcharge waiver (a 1% surcharge is applicable).
  • Complimentary international lounge access has been discontinued from October 15, 2024.
  • Explicitly states "N/A" for Movie & Dining benefits, Golf, and Insurance benefits.

Important Product Details

• The card operates on the Visa Network.
• Spend-Based Annual Fee Waiver: The annual fee of ₹350 + GST is waived if spends are ₹50,000 or more in the previous year.
• Zero Liability Protection: Offers protection against a lost or stolen card.
• Supplementary Credit Card: Allows extending card benefits to family members. The minimum age for an add-on cardholder is 18 years.
• Contactless Credit Card: Enables faster checkouts and secure payments without physical contact.
• Secure Online Transactions: Enhanced security for online transactions through 3D secure OTP Verification.
• Digital Payment Solutions: Provides access to various instant payment solutions such as BharatQR, Bharat Bill Payment Solution (BBPS), and Samsung Secure Pay.
• Kuch Bhi on EMI: Convert large spends above ₹2,000 into easy EMIs through online banking or SC Mobile, with attractive pricing and flexible tenure options (12 to 60 months).
• 360° Rewards: Allows easy redemption of reward points against a new online catalogue of products, gift vouchers, and services.
• Dial-a-loan: Get a loan up to ₹5,00,000 on your credit card with flexible tenure from 12 to 60 months.
• Balance Transfer: Transfer card balance from other bank credit cards up to ₹5,00,000 at attractive interest rates.
• Balance EMI: Convert your entire outstanding (up to ₹5,00,000) into EMIs with zero processing fees.

Other Details

• The card is a co-branded travel card with EaseMyTrip.
• A promo code "EMTSCB" is used for assured discounts on the EaseMyTrip website/app.
• How to Apply:
  • Online: Applicants can apply online by clicking the "Apply Now" button on the Standard Chartered website, then navigating through 'Our Products' -> 'Credit Cards' -> 'Standard Chartered EaseMyTrip Credit Card', and filling out the digital application form.
  • Offline: Visit the nearest Standard Chartered branch (if available in your city) and fill out a physical application form.
• Estimated Customer Value Chart (based on annual spends of ₹5,00,000 with 20% on select merchant categories, and 1 Reward Point = ₹0.25)
  • EaseMyTrip Benefits (Total Estimated: ₹27,575)
    • 3 domestic round trip airline bookings (average ₹10,000 per trip, 10% discount): ₹3,000
    • 3 trips with domestic hotel stay for 2 nights (average ₹8,000 per trip, 20% discount): ₹9,600
    • 1 round trip international airline booking (average ₹50,000 per trip, 10% discount): ₹5,000
    • 3 domestic bus trips (average ₹1,000 per trip, flat ₹125 discount): ₹375
    • 1 trip with international hotel stay for 4 nights (average ₹12,000 per night, 20% discount): ₹9,600
  • Reward Point Benefits (Total Estimated: ₹4,500)
    • Base Rewards (2 Reward Points per ₹100 spends, value ₹0.50): ₹2,000
    • Accelerated Rewards on select merchant categories (10 Reward Points per ₹100 spends, value ₹2.50): ₹2,500
  • Total Yearly Benefits on Standard Chartered EaseMyTrip Credit Card: ₹32,075