Standard Chartered EaseMyTrip Credit Card – Features and Rewards

Launched in collaboration between Standard Chartered Bank and EaseMyTrip, the Standard Chartered EaseMyTrip Credit Card caters to frequent travellers seeking a rewarding and convenient way to manage their travel expenses. Introduced to the Indian market in recent years, this co-branded card has quickly gained popularity for its combination of attractive discounts and a well-structured rewards program.

The card offers instant and substantial discounts on domestic and international travel bookings, including a 20% discount on hotel stays and a 10% discount on flight bookings. Cardholders also enjoy complimentary lounge access at both domestic and international airports, with 1 free domestic lounge access per quarter and 2 international lounge accesses per year. 

By integrating these benefits, the Standard Chartered EaseMyTrip Credit Card provides a comprehensive solution for managing travel expenses and maximising rewards, appealing to those who frequently travel for business or leisure.

Standard Chartered EaseMyTrip Credit Card

• Joining Fee and Renewal Charges
  • Joining Fee: Rs. 350 + GST
  • Renewal Fee: Rs. 350 + GST (waived on spending Rs. 50,000 annually)
• Best Suited For: frequent travelers who book through EaseMyTrip or those exploring co-branded travel cards like the Axis Bank Atlas Credit Card and AU Bank Altura Credit Card.
• Reward Type: Cashback and reward points
• Welcome Benefits: None Specified

Rewards and Benefits

Travel Discounts

• 20% Discount on Hotel Bookings: Up to Rs. 5,000 (domestic), Rs. 10,000 (international).
• 10% Discount on Flight Bookings: Up to Rs. 1,000 (domestic), Rs. 5,000 (international).
• Rs. 125 off on Bus Ticket Bookings: For bookings worth Rs. 500 or more.

Airport Lounge Access

• Domestic: 1 complimentary access per quarter.
• International: 2 complimentary accesses per year.

Reward Points

• 2X Points on Retail Purchases: For every Rs. 100 spent.
• 10X Points on Travel Bookings: At airline apps/outlets/websites or standalone hotels.
• Redemption Value: 1 point = Re. 0.25.
• Spend-Based Fee Waiver: Spend Rs. 50,000 or more annually to waive the Rs. 350 renewal fee.

Fees

• Joining Fee: Rs. 350 + GST
• Renewal Fee: Rs. 350 + GST (waived on spending Rs. 50,000 annually)
• Interest Rate: 3.75% per month
• Foreign Currency Markup Fee: 3.5% of the transaction amount
• Cash Withdrawal Fee: 3% of the amount or a minimum of Rs. 300
• Late Payment Fee: Up to Rs. 800 based on the outstanding balance
• Overlimit Fee: 2.5% of the over-limit amount (minimum Rs. 500)
• Card Replacement Fee: Rs. 100
• Rewards Redemption Fee: Rs. 99

Product Details

• Joining Fee: Rs. 350 + GST, waived on spending Rs. 50,000 annually.
• Reward Points: 2X points on retail purchases and 10X points on travel bookings.
• Travel Discounts: 20% off on hotel bookings and 10% off on flight bookings via EaseMyTrip.
• Lounge Access: 1 complimentary domestic lounge access per quarter and 2 international lounge accesses per year.
• Annual Fee: Rs. 350 + GST, waived with annual spending of Rs. 50,000.
• Interest Rate: 3.75% per month on outstanding balance.
• Foreign Currency Markup Fee: 3.5% of the transaction amount.
• Cash Withdrawal Fee: 3% of the cash amount or a minimum of Rs. 300.

Standard Chartered EaseMyTrip Credit Card: Advantages and Disadvantages

Advantages:

• Travel Discounts: Offers significant savings with 20% off on hotel bookings and 10% off on flight bookings via EaseMyTrip.
• Reward Points: Earn 2X points on retail purchases and 10X points on travel bookings, redeemable for various rewards.
• Lounge Access: Enjoy complimentary domestic and international airport lounge access.
• Fee Waiver: Annual fee of Rs. 350 + GST waived on spending Rs. 50,000 annually.
• Financial Flexibility: Manageable interest rates and reasonable fees on cash withdrawals and foreign transactions.
• Spend-Based Benefits: Renewal fee waived with annual spending threshold, making it cost-effective for frequent travellers.
• Ease of Application: Apply online or offline with straightforward eligibility criteria.

Disadvantages:

• Late Payment Charges: Up to Rs. 800 for late payments, impacting overall cost if not managed carefully.
• Limited Welcome Benefits: Lacks significant welcome bonuses compared to some other travel credit cards.
• Geographical Limitations: Available only where Standard Chartered Bank services are accessible, limiting accessibility for potential applicants.

Standard Chartered EaseMyTrip Credit Card: Features and Benefits

• Hotels: 20% discount (max Rs. 5,000 on domestic, Rs. 10,000 on international).
• Flights: 10% discount (max Rs. 1,000 on domestic, Rs. 5,000 on international).
• Bus Tickets: Flat Rs. 125 off on bookings worth Rs. 500+.
• Airport Lounge Access:
  • Domestic: 1 complimentary access per quarter.
  • International: 2 complimentary accesses per year.
• Spend-Based Waiver: Annual fee waiver on spending Rs. 50,000/year.
• Golf Benefits: Not applicable. The card does not offer specific golf benefits.
• Travel Insurance: Not applicable. The card does not provide travel insurance coverage.
• Forex Markup Fee: Foreign currency transactions incur a markup fee of 3.5% of the transaction amount.
• Fuel Surcharge Waiver: Benefit from a 1% fuel surcharge waiver at all fuel stations in India, subject to a maximum transaction limit.

Standard Chartered EaseMyTrip Credit Card Reward Offers

• Reward Points Structure:
  • Retail Purchases: Earn 2 Reward Points for every Rs. 100 spent on retail purchases.
  • Travel Bookings: Earn 10X Reward Points on bookings made through airline apps/outlets/websites or at standalone hotels.

• Reward Redemption:
  • Value: 1 Reward Point equals Re. 0.25 when redeemed against various categories available on the 360-degree rewards portal.
  • Validity: Reward Points remain valid for 2 years from the date of accumulation.

Standard Chartered EaseMyTrip Credit Card Travel Benefits:

• EaseMyTrip Discounts: Enjoy exclusive discounts on travel bookings made via the EaseMyTrip platform:
  • 20% Discount on Hotel Bookings: Up to Rs. 5,000 on domestic and Rs. 10,000 on international bookings.
  • 10% Discount on Flight Bookings: Up to Rs. 1,000 on domestic and Rs. 5,000 on international flights.

• Fuel Surcharge Waiver:
  • Avail a 1% fuel surcharge waiver at all fuel stations across India, making every journey more cost-effective.

Standard Chartered EaseMyTrip Credit Card fees:

1. Joining Fee: Rs. 350 + GST, payable upon issuance of the card.
2. Annual Fee: Rs. 350 + GST, applicable annually. This fee can be waived if the cardholder spends Rs. 50,000 or more in the previous year.
3. Interest Rate: 3.75% per month, charged on outstanding balances.
4. Foreign Currency Markup Fee: 3.5% of the transaction amount for foreign currency transactions.
5. Cash Withdrawal Fee: 3% of the withdrawn amount or a minimum of Rs. 300 per transaction.
6. Late Payment Charges: Up to Rs. 800, depending on the outstanding balance.
7. Overlimit Fee: 2.5% of the over-limit amount, with a minimum of Rs. 500.
8. Card Replacement Fee: Rs. 100 per replacement card.

Travel Benefits Available on Standard Chartered EaseMyTrip Credit Card

• EaseMyTrip Discounts:
  • Enjoy 20% off on domestic hotel bookings via EaseMyTrip, with a maximum discount of Rs. 5,000.
  • Avail 10% discount on international hotel bookings, with a maximum discount of Rs. 10,000.

• Flight Booking Discounts:
  • Get 10% off on domestic flight bookings through EaseMyTrip, with a maximum discount of Rs. 1,000.
  • Receive a 10% discount on international flight bookings, with a maximum discount of Rs. 5,000.
• Bus Ticket Bookings:
  • Enjoy a flat Rs. 125 discount on bus ticket bookings worth Rs. 500 or more through EaseMyTrip.

• Airport Lounge Access:
  • Access 1 complimentary domestic lounge per quarter (4 per year).
  • Receive 2 complimentary international lounge accesses annually.

• Fuel Surcharge Waiver:
  • Benefit from a waiver on fuel surcharges at all fuel stations across India, up to a certain transaction limit.

Why Choose the Standard Chartered EaseMyTrip Credit Card?

• Global Acceptance: Standard Chartered operates in over 60 countries and employs over 85,000 people worldwide, ensuring robust support and accessibility (Statista).
• Fraud Protection: Advanced security features like EMV chip technology have reduced counterfeit fraud significantly, making transactions safer for cardholders globally (Mastercard).
• Digital Banking Usage: Over 70% of Standard Chartered’s retail clients actively use digital banking services, reflecting high adoption rates and customer satisfaction (Standard Chartered Annual Report).
• Financial Flexibility: Benefit from a low annual fee of Rs. 350 + GST, which can be waived upon spending Rs. 50,000 annually, making the card cost-effective for regular users. You can also explore how to pay a credit card bill from another credit card if you’re looking for alternate repayment options.
• Reward Points Program: Earn 2X points on retail purchases and 10X points on travel bookings, allowing you to accumulate rewards quickly for redemption on various options through the 360° rewards portal.

Standard Chartered EaseMyTrip Credit Card: Terms and Conditions

• Interest-Free Period: The card offers an interest-free period of up to 50 days on retail purchases if the previous month’s outstanding balance is paid in full.
• Cash Advance Limit: The cash advance limit is typically lower than the credit limit and is subject to availability and terms.
• Late Payment Charges: A penalty of up to Rs. 800 is levied for late payments, depending on the outstanding amount and the delay period.
• Credit Limit: The credit limit assigned to each cardholder is determined based on various factors, including income, credit history, and existing financial obligations.
• Change in Terms: Standard Chartered reserves the right to modify terms, fees, and benefits with prior notice to cardholders.
• Dispute Resolution: Disputes regarding transactions or billing issues must be reported within a specified timeframe for resolution.
• Usage Restrictions: The card is intended for personal use only and cannot be used for illegal transactions or activities prohibited by law.
• Inactive Account Fees: A fee may be charged if the card account remains inactive for an extended period, typically defined as 12 months or more.
• Foreign Exchange Transactions: Currency conversion rates for foreign transactions are determined by Visa/Mastercard and may fluctuate.
• Disclosure of Information: Cardholder information may be shared with affiliates and third parties as permitted by law or with consent.

Who Can Apply for the Standard Chartered EaseMyTrip Credit Card?

The Standard Chartered EaseMyTrip Credit Card is designed for individuals who meet specific eligibility criteria, ensuring access to its travel-focused benefits and rewards. Here’s a detailed overview:

1. Age Requirement:
   • Applicants must be between 18 to 65 years old to qualify for the card.
2. Income Criteria:
   • A stable monthly income is required, although specific minimum income requirements are not publicly disclosed; typical requirements range around Rs. 25,000 per month.
3. Residential Eligibility:
   • Applicants must reside in a location where Standard Chartered Bank’s services are available. The bank’s services are widely available in urban and semi-urban areas across India.
4. Credit History:
   • A good credit history enhances the likelihood of approval. This includes a track record of timely payments and responsible credit usage.
5. Employment Status:
   • While employment is not explicitly stated as a requirement, a stable income source, whether salaried or self-employed, is necessary to meet the financial obligations associated with the card.

Documentation Needed for Standard Chartered EaseMyTrip Credit Card

Applying for the Standard Chartered EaseMyTrip Credit Card requires specific documentation to verify identity, address, and income. Here is a detailed yet concise overview of the required documents:

• Identity Proof (Any one of the following):
  • Aadhaar Card
  • Passport
  • Voter ID
  • Driving License
• Address Proof (Any one of the following):
  • Utility Bills
  • Rental Agreement
  • Passport
  • Aadhaar Card

• Income Proof:
  • For Salaried Individuals:
    • Salary Slips: Latest 3 months’ salary slips.
    • Bank Statements: Last 3-6 months’ bank statements showing salary credits.
    • Form 16: Issued by the employer, showing tax deducted at source.
  • For Self-Employed Individuals:
    • Income Tax Returns (ITR): Last 2-3 years’ filed returns.
      • Business Income Statements: Profit and loss statements or audited financials.
      • Bank Statements: Last 6 months’ bank statements reflecting business transactions.
    • Additional Documents:
      • Photographs: Recent passport-sized photographs (as specified by the bank).
      • PAN Card

Application Process for Standard Chartered EaseMyTrip Credit Card

1. Visit the Website: Go to the Standard Chartered Bank website.
2. Select the Card: Navigate to the ‘Credit Cards’ section and choose the ‘EaseMyTrip Credit Card.’
3. Click on Apply: Click the ‘Apply Now’ button to start the application process.
4. Fill in Details: Complete the digital application form with your personal, contact, and income details.
5. Upload Documents: Upload the necessary identity, address, and income proof documents.
6. Submit Application: Review the information and submit the application for processing.

Read More:

• IndusInd Bank Platinum RuPay Credit Card – Apply Now
• How does credit card EMI work?

FAQs: