Standard Chartered Manhattan Platinum Credit Card
The Manhattan Platinum is Standard Chartered's grocery card, and it is refreshingly single- minded: 5% cashback on supermarket, grocery and departmental store spend, plus 3 reward points per ₹150 on everything else. The 5% is real but tightly fenced — each qualifying transaction must be ₹1,000 or more, cashback is capped at ₹150 per transaction, and the whole benefit stops at ₹500 a month. That ceiling is the card: ₹500 a month is ₹6,000 a year, reached at ₹10,000 of monthly grocery spend, and Standard Chartered's own value chart assumes exactly that. Everything else earns 3 points per ₹150, which at SC's 25-paisa point value is 0.5%. The ₹999 fee waives at ₹1.2 lakh of annual spend, and paying it credits 5,000 reward points — about ₹1,250 at the catalogue rate.
Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹1,250 in vouchers, points or cashback on card activation
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
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Groceries | cashback | 5% | ₹500 |
| Other | reward points | 0.5% | — |
Fees & charges
| 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
- 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
Age
21 –65 years
Min. income
₹25,000 /mo
Employment
Salaried · Self-employed
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 Cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Statement credit Direct cash adjustment — no conversion
The concern 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.
The bottom line
For households with consistent monthly grocery and supermarket expenditures of ₹10,000, the Manhattan Platinum maximizes its ₹500 monthly cashback ceiling (earning ₹6,000 per year) and comfortably satisfies the ₹1.2 lakh threshold to waive the ₹999 fee. However, beyond that spend level the 5% accelerator terminates, while lower spenders will find the net returns diminished. With a modest 0.5% base reward rate and no airport lounge privileges, the card's value proposition depends almost entirely on whether your recurring supermarket basket fits its reward parameters.
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 verified 7 Aug 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.
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 · 5 changes · last change Sept 2024
▲ Revaluation ▼ Devaluation ◆ Neutral / reversed
2024 2 changes — 2 cuts
▼ Redemption Effective 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
▼ Redemption Effective 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 1 change — 1 cut
▼ Fee Effective 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 1 change — 1 cut
▼ Fee Effective 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 1 change — 1 cut
▼ Reward Effective 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.
Embed this timeline on your site Free to use. Facts only — dates, changes and before/after values. Please keep the credit line below the frame: it's the only part search engines can see, and it's what we ask for in return.
Source: Standard Chartered Manhattan Platinum Credit Card value timeline — CardAdvisor
“ Cite this timeline Quoting a date or a before/after figure? Copy the HTML version — it credits the record with a working link.
HTML (with link) Plain text Copy
Source: Standard Chartered Manhattan Platinum Credit Card value timeline , CardAdvisor (CC BY 4.0).
Want to know if this beats your current card for your spending?
Apply now → Compare with my profile
Applications are submitted to and decided by Standard Chartered . CardAdvisor does not issue cards or process applications.
Find your best card
Answer 5 questions. Get a personalised shortlist with ₹ value estimates.
Find my card →
Quick summary
Type Mid credit card
Reward rate 0.5%–5%
Best for Households with roughly ₹10,000 a month of supermarket spend
Joining fee ₹999
Annual fee ₹999
Reviewed by
Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade
Last verified 7 Aug 2026
How we research →
Useful links
Rewards calculator
Estimate any card’s annual value
Points valuations
What each point is really worth
Latest card changes
Live fee & reward-rate tracker
Market insights
The Indian card landscape
Card data study 2026
280 cards analysed — August 2026
Frequently asked questions
Check your eligibility for this card
Answer a few quick questions and our team will reach out with matching card offers based on your profile.