Frequently Asked Questions

1. Why should anyone use a credit card?
   A Credit Card provides convenience, safety and monitoring of all expenses. It is also helpful in managing finances as it provides up to 50 days of interest free credit. Credit Cards can be used at over 35 million establishments across 200 countries and can also be used to withdraw cash, if required. Further, some types of credit cards provides rewards for using the card which can be converted into free air tickets, discount coupons etc
   
   
2. What are the different types of Credit Cards offered by Standard Chartered Bank?
   Standard Chartered Bank today offers different types of credit card products depending on need of the customer, preference and lifestyle.
   The cards are
   • Classic
   • Gold
   • Platinum and
   • Infinite (Only for Priority Banking customers)
3. Who is eligible for a Standard Chartered Credit Card?
   Standard Chartered Credit Cards can be applied for by any resident in Bahrain (expats included). The applicant should be salaried or self-employed and have a Bahrain CPR. They should be between 21 – 60 years of age and earning a minimum of BD 300 per month.
   
   
4. What documents are required to apply?
   Documentation is fairly simple. In addition to an application form,
   • Copy of CPR and Passport (with Residence Visa page for expats)
   • Last 3 months bank account statement (Showing salary credit for salaried OR Business transactional account for self-employed)
   • Latest original salary slip and employment confirmation letter if salaried OR proof of ownership of business and copy of CR if self employed)
   • Credit Bureau Form
   
   
5. What are the credit limits that can be set-up?
   Credit limits are assigned depending on the Income, Employment status, Credit Bureau Check and Type of credit card product. You can also apply for supplementary cards for your loved ones and assign a pre-set credit limit. (a supplementary card is linked to the primary card)
   
   
6. What are the benefits of Standard Chartered Bank Credit Cards?
   Standard Chartered Bank credit cards offer functionality, convenience and rewards.
   • Classic - a no frills credit card which addresses the basic requirement of credit and provides Travel Points (1 per BD spent)
   • Gold - fulfils credit requirement with better rewards (1.2 Travel Points per BD spent)
   • Platinum – access to global airport lounges, travel insurance, purchase protection, lost card cover, rewards (2.65 Travel Points per BD spent)
   • Infinite – access to global airport lounges, USD 1 mio Travel Insurance, Purchase Protection, Extended Warranty, Total Relationship Rewards (2.65 Travel Points per BD of Local Spend, 5.3 Travel Points per BD of Foreign Spend)
   • 24x7 contact centre
   • E-statement
   • Online Banking
   • Option of paying a min of 5% every month
   • Interest rates from 1.5% per month (18% APR)*
   • Multiple Repayment Options
     • Standing Instruction
     • UAE exchange outlets
     • Standard Chartered Bank branches
     • Contact Centre

* - Conditions apply.

For more information or to apply, please call 17531532 or email eService.Bahrain@standardchartered.com