moolahgeeks is no longer being updated. Our recommendations may be outdated and should not be relied upon. Learn more
| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | 0.0% | 0.9% | 1.1% | 1.2% | 1.0% |
| Est. Monthly Reward (₹) | – | 85 | 215 | 615 | 1,015 |
| All-India Rewards Rank* | 152 | 70 | 64 | 84 | 114 |
| Within Bank Rank* | 7 | 3 | 4 | 5 | 5 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here. | |||||
The Manhattan Platinum Credit Card give cashback of 5% on groceries, departmental stores and supermarkets and 0.5% effective rewards on all other spends.
Overall, you can earn a net reward yield of 0.9-1.2% on spends above ₹10,000, making this an average card. However Standard Chartered offers many credit cards that give you higher rewards than the Manhattan.
The Ultimate Credit Card is the best credit card in India by Standard Chartered Bank for most people. It offers a net reward yield of 2.3-3.0% on all your spend.
However the Ultimate has a high annual fee of ₹5,000, although you get reward points worth ₹5,000 in return.
If you are not comfortable paying the high fee in exchange for reward points, you could consider the Standard Chartered DigiSmart Credit Card for monthly spends below ₹50,000. This card has a low monthly fee of ₹49, which is waived when you spend more than ₹5,000 in any month.
You can earn a net reward yield of 1.3-1.6% with the DigiSmart Credit Card.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | |
|---|---|
| Card Type | Reward + Cashback |
| Reward / Cashback Features | 5% Cashback on: – Departmental Stores – Groceries – Supermarkets 3 Reward Points / ₹150 on all other spends |
| Milestone Rewards | Nil |
| Other Rewards | 25% discount on EaseMyTrip |
| Rewards Redemption Fee | ₹99 |
| Cashback Caps | ₹500 on groceries, departmental store and supermarkets |
| Preferred Redemption Method | Redeem rewards at Standard Chartered portal @₹0.25 / Reward point |
| Card | Manhattan Platinum Credit Card | |
|---|---|---|
| Joining Fee | ₹999 + Taxes | |
| Annual Fee | ₹999 + Taxes | |
| Min. Annual Credit Card Spend for Fee Waiver |
₹1.2 Lacs | |
| Income Criteria | Salaried | N/A |
| Self-employed | N/A | |
| Supplementary Card Fee | Free | |
| Interest Rate | 45.00% | |
| Foreign Currency Markup | 3.50% | |
| Cash Advance Charge | 3.00% with a minimum of ₹300 | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
