Standard Chartered Emirates World Credit Card – Benefits, Fees & Eligibility

Introduction

The Standard Chartered Emirates World Credit Card is a co-branded credit card issued by Standard Chartered Bank in partnership with Emirates, designed for frequent travelers, particularly those who fly with Emirates. Positioned as a premium travel card, it offers exclusive benefits such as earning Skywards miles on all spends (with accelerated earnings on Emirates.com), complimentary domestic and international lounge access, golf privileges, and comprehensive insurance coverage. It also provides additional perks like cashback on duty-free shopping and EMI facilities.

Welcome Benefits

• 4,000 bonus miles as a welcome gift.
• 1,500 Skywards miles as a renewal bonus.

Fees

• Joining Fee: Rs. 3,000 + GST
• Annual Fee: Rs. 3,000 + GST
• Spend-Based Waiver: Nil
• Rewards Redemption Fee: Rs 99/- plus applicable taxes per redemption request.
• Foreign Currency Markup: 3.5% on all foreign currency spends.
• Interest Rates: 3.75% per month.
• Fuel Surcharge Waiver: 1% fuel surcharge or Rs. 10 (whichever is higher).
• Cash Advance Charges: 3% of the amount withdrawn or Rs. 300 (whichever is higher).

Rewards

Rewards Rate

• Earn 3 Skywards miles on every Rs. 150 spent on all other transactions.
• Earn 6 Skywards miles on every Rs. 150 spent on Emirates.com.

Travel

• Complimentary domestic lounge access to several participating lounges via the MasterCard lounge program.
• 2 complimentary domestic and international lounge access via Priority Pass every month, upon spending over Rs. 10,000 in the previous month.
• Skywards miles can be used for flight bookings and other services at Emirates.com.

Golf

• Get 1 free Golf lesson each month.
• Receive a 50% discount on all Golf games.
• Access 4 complimentary green fees per calendar year, with a maximum of 1 green fee per calendar month.

Insurance

• Accidental air death coverage of Rs. 1 Crore.
• Flight Delay coverage up to USD 300.
• Trip interruption coverage up to USD 1,000.
• Delayed baggage coverage up to USD 600.
• Loss of travel documents coverage up to USD 1075.
• Hijacking coverage up to USD 6,000.

Lifestyle

• Get 5% cashback on duty-free shopping, up to Rs. 1,000 monthly.

Other

• EMI facilities are available.

Rewards Redemption Guide

• The Skywards miles earned through the Emirates World Credit Card are automatically transferred to your Emirates Skywards account.
• These Skywards miles can be utilized for flight bookings and other services available on Emirates.com.

Card Review

• Overall Verdict: The Standard Chartered Emirates World Credit Card is an excellent choice for individuals who frequently travel, especially with Emirates. It offers a strong suite of travel-centric benefits, making the annual fee worthwhile for its target audience.
• Who should apply: This card is ideal for frequent Emirates travelers and those seeking premium travel benefits, including lounge access, golf privileges, and comprehensive travel insurance, alongside rewards on everyday spending.
• Pros:
  • Accelerated Skywards miles earnings on Emirates.com.
  • Complimentary domestic and international lounge access.
  • Valuable golf benefits including lessons, discounts, and green fees.
  • Extensive travel insurance coverage.
  • Cashback on duty-free shopping.
  • Automatic transfer of Skywards miles to Emirates Skywards account.
• Cons:
  • Annual fee of Rs. 3,000 + GST with no spend-based waiver.
  • 3.5% foreign currency markup.
  • Rewards redemption fee applies.
  • Less beneficial for individuals who do not travel frequently or do not prefer Emirates.

Important Product Details

• A bonus of 4,000 miles as a Welcome Gift.
• A renewal bonus of 1,500 Skywards miles.
• Earn 6 Skywards miles on every Rs. 150 spent on Emirates.com.
• Earn 3 Skywards miles on every Rs. 150 spent on other transactions.
• Complimentary domestic lounge access through the MasterCard lounge program.
• 2 complimentary domestic and international lounge access via Priority Pass every month on spending over Rs. 10,000 in the previous month.
• 5% cashback on duty-free shopping, up to Rs. 1,000 monthly.
• 1 complimentary golf lesson each month and a 50% discount on all golf games.
• 4 complimentary green fees per calendar year (maximum 1 per month).
• Coverage of Rs. 1 Crore in case of an overseas air accident.
• Additional insurance coverage for flight delay, trip interruption, delayed baggage, loss of travel documents, and hijacking.
• Annual fee of Rs. 3,000 + GST.
• No spend-based waiver for the annual fee.
• 3.5% foreign currency markup on all foreign currency spends.
• Rewards redemption fee of Rs. 99 plus applicable taxes per request.

Other Details

• Loans can be availed through the card and repaid in easy monthly installments over a period of 12 to 60 months.
• In case of a lost card, it should be reported immediately to Standard Chartered Bank customer care via their helpline number.
• General Terms & Conditions apply to all benefits and features of the card.