In-depth review
Standard Chartered Manhattan Platinum Credit Card
One of the few Indian cards that pays a real rate on the weekly shop — 5% cashback on supermarkets, groceries and departmental stores. The cap defines it: ₹500 a month, reached at roughly ₹10,000 of grocery spend, with a ₹1,000 minimum per transaction. Fill it and the ₹999 fee is cleared on groceries alone; fall short and the maths thins fast.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹1,250 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
5% on Groceries
5% cashback on supermarkets, grocery and departmental stores. Minimum ₹1,000 per transaction, capped ₹150 per transaction and ₹500 per statement cycle (~₹10,000 of monthly grocery spend) — the cap is shared across primary and supplementary cards.
0.5% on Other
3 RP per ₹150 on all non-grocery spends (~0.5% at 25p), redeemable via the 360 Rewards catalogue
Annual Fee Waiver
Fee of ₹999 + 18% GST (₹1,179 all-in)/yr fully waived when you spend ₹1,20,000/year
For households whose supermarket bills reach roughly ₹10,000 a month — enough to fill the ₹500 cap every month, which is where this card pays for itself and then some.
Full reward structure
What you earn on every rupee, per spend category — as of 11 Oct 2026. Rates assume 1 pt = ₹0.25. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Groceries | cashback | 5% | ₹500 |
| Other | reward points | 0.5%2 pts/₹100 × ₹0.25 | — |
Groceries: 5% cashback on supermarkets, grocery and departmental stores. Minimum ₹1,000 per transaction, capped ₹150 per transaction and ₹500 per statement cycle (~₹10,000 of monthly grocery spend) — the cap is shared across primary and supplementary cards.
Other: 3 RP per ₹150 on all non-grocery spends (~0.5% at 25p), redeemable via the 360 Rewards catalogue
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹1,179 |
| Joining fee (incl. 18% GST) | ₹1,179 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.5% |
| Reward redemption fee | ₹99 |
Should you get it?
- Best for: Households with roughly ₹10,000 a month of supermarket spend, Families wanting a dedicated grocery card, Standard Chartered customers who will clear the ₹1.2 lakh waiver
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on Groceries (5% back).
Pros & cons
✓ Pros
- 5% on supermarkets and groceries — a category most cards ignore
- Filling the ₹500 monthly cap returns ₹6,000 a year against a ₹999 fee
- 5,000 reward points credited on payment of the joining fee (~₹1,250)
- The ₹999 renewal waives at ₹1.2 lakh of annual spend
- Supplementary cards are lifetime free
✕ Cons
- The 5% grocery cashback is capped at ₹500 a month — ₹6,000 a year
- Each qualifying grocery transaction must be ₹1,000 or more, so small shops earn nothing extra
- Cashback is also capped at ₹150 per single transaction
- No airport lounge access at a ₹999 fee
- Everything outside groceries earns just 0.5% at SC's 25-paisa point value
Eligibility & documents
Documents required
- 📄PAN card
- 📄Identity proof — passport, voter ID or government photo ID
- 📄Address proof — Aadhaar, passport, driving licence or voter ID
- 📄Latest one month salary slip (salaried) or latest ITR / certified financials (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Cashback accrues to a balance and is redeemed on request once it reaches ₹1,500, in multiples of ₹500 (per the Manhattan T&C; SC's generic MITC describes a statement credit, but the per-card T&C governs)
- 🎁360 Rewards catalogue — products, vouchers and services (minimum 500 points per redemption request)
What your Standard Chartered Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Standard redemption
Brand & e-gift vouchers
The 5% stops at ₹500 of cashback a month, and each qualifying transaction must be ₹1,000 or more — so small top-up shops earn nothing on the accelerator.
Frequently asked questions
What does the Manhattan Platinum earn?
What is the cap on the 5% cashback?
What is the fee and is there a welcome benefit?
Does it have lounge access?
Who is the Manhattan Platinum worth it for?
How has the Standard Chartered Manhattan Platinum Credit Card changed over time?
Has the Standard Chartered Manhattan Platinum Credit Card been devalued recently?
When did the Standard Chartered Manhattan Platinum Credit Card's fees last change?
How did the Standard Chartered Manhattan Platinum Credit Card change in 2024?
The bottom line
The Manhattan is one of the few Indian cards that pays a genuine rate on the weekly shop, and if your supermarket bills hit ₹10,000 a month you will fill the ₹500 cap and clear the ₹999 fee on groceries alone. Above that spend the card stops rewarding you, and below it the maths thins quickly. The 0.5% base is unremarkable and there is no lounge access. Size it honestly against your actual grocery bill — that single number decides this card.
How this page was built
Counted from this card’s own record: 2 earn rules and 1 of them capped. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the Standard Chartered Manhattan Platinum Credit Card are taken from Standard Chartered's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for Standard Chartered. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Read more
Guides and reviews related to this card.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2017 · last change Sept 2024
2024
- ▼ RedemptionEffective 30 Sept 2024
Cashback redemption minimum raised again to ₹1,500
₹1,000, in multiples of ₹500→₹1,500, in multiples of ₹500
The Manhattan Platinum T&C dated 30 September 2024 states a minimum cashback balance of ₹1,500 is required before a redemption request, still in multiples of ₹500 — a second step up in the same year, after the March 2024 rise to ₹1,000. The exact effective date between March and September 2024 is not published; the T&C date is used here.
Verification: Standard Chartered ↗ · Confidence: Reconstructed
- ▼ RedemptionEffective 16 Mar 2024
Cashback redemption minimum raised to Rs 1,000
Rs 500, in multiples of Rs 50→Rs 1,000, in multiples of Rs 500
Standard Chartered raised the minimum accrued cashback needed to redeem on the Manhattan (and Super Value Titanium) cards from Rs 500 to Rs 1,000, redeemable only in multiples of Rs 500. Earn rates and the 5% grocery cashback were untouched — the change only made it slower to cash out what the card earned.
Verification: Standard Chartered ↗ · Confidence: High
2023
- ▼ FeeEffective 2 Apr 2023
1% fee on rent payments
No processing fee on rent payments→1% processing fee on rent payments
Standard Chartered began levying a 1% processing fee on all rent and rental payments made with its credit cards, effective 2 April 2023. The Manhattan Platinum was long in market by then and is covered — paying rent through third-party apps now costs 1% of the amount.
Verification: CardAdvisor Research · Confidence: High
2018
- ▼ FeeEffective May 2018
Fee-waiver spend threshold doubled to Rs 1.2 lakh
Rs 60,000 a year→Rs 1,20,000 a year
The annual spend needed to waive the Manhattan renewal fee was raised from Rs 60,000 to Rs 1,20,000, reported around May 2018. Cardholders had to put twice as much through the card each year to keep it free — the Rs 1.2 lakh threshold still stands today.
Verification: CardAdvisor Research · Confidence: Reconstructed
2017
- ▼ RewardEffective 25 May 2017
Base earn cut to 3 points per Rs 150
3 reward points per Rs 150
From 25 May 2017 Standard Chartered cut the Manhattan card's base earn to 3 reward points per Rs 150 spent on everything outside the grocery accelerator, down from its earlier rate. At the card's 25-paisa point value that is roughly 0.5%, the base rate the card still pays.
Verification: CardAdvisor Research · Confidence: Reconstructed
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/sc-manhattan-platinum#value-timeline">Standard Chartered Manhattan Platinum Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).
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