Standard Chartered Bandhan One
KeepSold through Bandhan Bank branches, switched off by Standard Chartered — and the points went with it.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: The first year's ₹299 was reversed on a single transaction of ₹500 or more within 60 days of card issuance — a fee reversal, not points
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied. Plus milestones, minus the fee. No accelerator credit — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Breaks even only by erasing its fee at ₹5,000 a month
At ₹5,000 a month — ₹60,000 a year — on the everyday mix this card returns ₹100 gross (earn ₹100) against a fee of ₹0 — the ₹299 is waived, the spend having cleared ₹60,000 a year = ₹100 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
2 notes on the card itself: how it is issued · why it ranks #818
Why #818 The entry rung of Standard Chartered's Bandhan Bank co-brand, de-activated on 15 January 2024 and replaced with an SC Rewards Credit Card. Carried because a reader who still has the plastic in a drawer needs to know what happened to the points, and SC's own FAQ is the only document that says.
Standard Chartered houses 360° Reward Points at ₹1.00 because the Ultimate redeems them at ₹1 apiece. A Bandhan point never got that. SC's own closure FAQ transferred unredeemed Bandhan points to the REWARDS Credit Card at par, and the Rewards card's FAQ prices a point at ₹0.25 in the catalogue and ₹0.20 against the statement. So SC itself established what a Bandhan point converts into, and `earn.base` bakes that quarter in.
The take
This was the cheap rung of a three-card co-brand that Standard Chartered issued and Bandhan Bank sold, and the shape was entirely conventional: ₹299 a year, five points per ₹150 on dining, movies and supermarket shopping, one per ₹150 on everything else, and a fee that disappeared twice over — reversed in year one on a single ₹500 swipe inside 60 days, and reversed again from year two on ₹60,000 of prior-year spend. For an ₹0 card that was fine. What it was never worth is what the multiplier implies. Standard Chartered's own closure FAQ moved unredeemed Bandhan points onto the Rewards Credit Card at par, and the Rewards card's FAQ prices a 360° point at 25 paise in the catalogue and 20 against your statement. So the honest arithmetic is 0.17% on ordinary spend and 0.83% on the bonus categories, before the ₹99 that every redemption costs. There is no lounge, no partner and no forex relief on this rung — those belonged to the Xclusive above it. The card is gone. SC de-activated every Bandhan variant by 15 January 2024, dispatched a Rewards Credit Card at the same credit limit to anyone not overdue and not already holding another SC card, and moved the points across within ten days. If you were overdue, or the replacement never arrived, the points lapsed on 15 January 2024 — which is the one fact on this page a reader might still need.
Your renewal — keep, downgrade or cancel
This card reaches break-even by ERASING its fee, not by out-earning it: the waiver is the decision.
Keep, downgrade or cancel
₹299/yr at stake · 5 spend bands
The charge ₹299/yr
The waiver ₹60,000 of spend in the year before renewal — about ₹5,000 a month — and the renewal fee is not charged.
Break-even ₹5,000 a month — ₹60,000 a year — is where this card's value crosses its fee, and it gets there by erasing the fee at the waiver rather than out-earning it.
At your spend
₹500 a year, net of the fee, at ₹3,00,000 of annual spend — this clears the waiver, so no fee is charged
₹1,000 a year, net of the fee, at ₹6,00,000 of annual spend — this clears the waiver, so no fee is charged
₹2,000 a year, net of the fee, at ₹12,00,000 of annual spend — this clears the waiver, so no fee is charged
₹6,000 a year, net of the fee, at ₹36,00,000 of annual spend — this clears the waiver, so no fee is charged
₹10,000 a year, net of the fee, at ₹60,00,000 of annual spend — this clears the waiver, so no fee is charged
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Standard Chartered publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and the numbers above are the whole of it.
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- ₹299 in year one, reversed entirely on a single transaction of ₹500 or more within 60 days of issuance
- The renewal fee was reversed again on ₹60,000 of spend in the previous year — an effectively free card for most holders
- 5 reward points per ₹150 on dining, movies and supermarket shopping
- Sold through Bandhan Bank branches, but issued, serviced and ultimately closed by Standard Chartered
Watch out
- Withdrawn: every Bandhan variant was de-activated by 15 January 2024 and replaced with a Standard Chartered Rewards Credit Card
- SC's closure FAQ moved Bandhan points to the Rewards card at par, and SC prices that point at ₹0.25 — so the real base rate was 0.17%, not the 0.67% the headline implies
- Points lapsed on 15 January 2024 for holders who were overdue or whose replacement card never arrived
- No lounge access, no airline or hotel partner, and the shelf-standard 3.5% overseas fee
- Every 360° redemption carried a ₹99 handling and courier charge
What these points actually fly
No live transfer route takes StanC 360° Reward Points into a programme that publishes an award chart. These points buy catalogue and portal redemptions, not award seats — so this page has no flight to show you, and will not invent one.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Does your spend count toward the fee waiver?
not published — and we say which
₹60,000 a year is the bar that waives the ₹299 fee. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. Standard Chartered states what the Standard Chartered Bandhan One earns, but has not published which spend categories count toward the fee waiver — the ₹60,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Closed to new applications — existing cardholders keep the card; there is no way in.
Standard Chartered publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
3 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 15 Oct 2024EaseMyTrip card loses Priority Pass, domestic visits halved1 complimentary domestic lounge visit per quarter + Priority Pass with 2 international visits a year → 2 domestic visits per calendar year; no Priority Pass, no complimentary international lounge access
The travel co-brand quietly stopped being a travel card: from 15 October 2024, Standard Chartered pulled Priority Pass from the EaseMyTrip card entirely and cut domestic lounge access from four visits a year to two. International lounges are now pay-per-visit at rack rates. What's left is a ₹350 EaseMyTrip discount coupon — which, to be fair, is what it always really was.
- 25 Aug 2024Ultimate's forex settles at a clean 2% at posting
- 2 Apr 2023Ultimate cuts six categories from 3.33% to 2%
Verified against Standard Chartered's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 3 of them, each with the day we read it
- official Bandhan One Important Information Document — the ₹299 joining and renewal fees, both reversal conditions, and the shelf-wide charges
- official Standard Chartered's Bandhan closure FAQ — the 15 January 2024 de-activation, the Rewards Credit Card replacement and what happened to the points
- official Standard Chartered's Bandhan card shelf as it stood in June 2023 — the accrual rates for all three variants