Standard Chartered Visa Platinum
- APR
- 45% – 45%
- Annual Fee
- $120
The Standard Chartered Visa Platinum is a premium credit card with travel and medical insurance, offering worldwide acceptance.
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Our Verdict
This card is ideal for frequent travelers looking for added benefits, but the lack of a rewards program may deter some users.
Pros
- Worldwide acceptance with Visa
- Includes travel and medical insurance
- Supplementary card available at a lower fee
Cons
- High annual fee of GHS 120
- No rewards program
- 3% cash advance fee with a minimum of GHS 25
The Standard Chartered Visa Platinum targets frequent travelers with its complimentary travel and medical insurance. This feature can provide peace of mind while abroad. However, the GHS 120 annual fee may seem steep, especially since the card offers no rewards program.
With a fixed 45% APR, this card should be approached cautiously by those who carry balances. The 3% cash advance fee, with a minimum of GHS 25, is another factor to consider, making it potentially costly for sudden cash needs.
Unlike other cards in the market, such as the Absa Rewards Card, which offers cashback on purchases, this card lacks a rewards structure altogether. This absence could make it less attractive for users seeking to maximize their spending. For more details, check the issuer's official page at Standard Chartered.
Who It's For
This card suits travelers who prioritize insurance benefits over earning rewards.
Watch Out
The high annual fee and absence of rewards could be a downside for casual users.
Summary
The Standard Chartered Visa Platinum offers valuable travel benefits but falls short on rewards, making it best for frequent travelers.
Best For
Best for those who travel often and need insurance coverage on trips.
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What Customers Say
Users appreciate the travel insurance but express disappointment over the lack of rewards.
