Best for Cardholders Looking To Maximize Miles
Standard Chartered Visa Infinite Credit Card Review
For Every S$1 Spent
Sign-Up Gift
Minimum Spent
The Standard Chartered Visa Infinite Credit Card, ideal for frequent travelers, offers up to 1.4 miles per S$1 on local spending and 3 miles per S$1 on overseas spending. Enjoy six free Priority Pass lounge visits annually and up to S$300 cashback on tax payments. A minimum spend of S$2,000 per month is required. The annual fee is S$599.50 (including GST) and is non-waivable.
Highlights of the Visa Infinite Credit Card
Key Features
- Earn as much as 3 miles for every S$1 spent
- S$599.50 (including GST), strictly non-waivable
- Save your points for larger redemptions without worrying about expiration
- Convert retail transactions above S$200 into 6 or 12 months interest-free installments with a one-time service fee
- Earn 360° Rewards Points when you charge your income tax to the card with a preferential one-time processing fee of 1.9% on the tax amount
- Tap-and-Pay: No signature required for purchases under S$100
- Enjoy complimentary travel insurance coverage up to S$1,000,000
- Enjoy 6 complimentary visits to Priority Pass lounges annually
Travel
- 6 complimentary visits to Priority Pass lounges around the world each year
- Complimentary travel insurance coverage up to S$1,000,000
- Additional 7% off on worldwide hotel bookings at Agoda
- 10% discount on car rental bookings when paying with the Visa card
- From 24 May to 19 July, stand a chance to win a first-class round-trip ticket to Japan, cashback, and more
Online Shopping
- CardSafe Guarantee protects you from unauthorized transactions when you shop online with your credit card
Pros & Cons
Pros
- New cardholders will earn 35,000 bonus miles as a welcome gift when they successfully apply for the Standard Chartered Visa Infinite Credit Card
- Earn rewards up to 3 miles for every dollar spent overseas and 1.4 miles for local spending
- Includes a Priority Pass which provides access to more than 1,000 participating airport lounges worldwide
- Up to six complimentary visits with your loved ones every year with the Priority Pass lounge program
- Complimentary travel insurance covers up to S$1,000,000
Cons
- The annual fee of S$599.50 (including GST) is strictly non-waivable
- The rewards are not suitable for average spenders who are not frequent travelers
- No subsequent annual renewal miles rewards
- A high minimum spend of S$2,000 is required to enjoy rewards
How to Apply
Age Requirement
Applicant’s age should be between 21 to 65 years old
Minimum Annual Income
Singapore Citizen and Permanent Residents: S$30,000
Foreigners with Employment Pass: S$60,000
Employment Pass Holders
- Foreigners must be holders of P1, P2, or Q type Singapore Employment Pass
- Q Pass holders must have a minimum of one year validity remaining on their passes
Fees and Charges
| DETAILS | CHARGES |
| Annual Fees | S$594 (including 8% GST); adjusted to S$599.50 (including 9% GST) from 1 January 2024 This annual fee is strictly non-waivable. |
| Finance Charges | Effective Interest Rate (“EIR”): 27.9% per annum (minimum). If payment is not made in full by the due date, finance charges will be calculated on a daily basis at 0.076% from the respective transaction dates for all transactions to the date the payment is received. |
| Cash Advance | Your cash advance fee per transaction is 8% on the Cash Advance, subject to a minimum fee of $15 plus Finance Charges at 0.082% per day on the amount withdrawn from the date of the transaction until the date of full payment. |
| Late Payment Charges | A late payment charge of S$100 will be charged if minimum payment due is not received by the due date. |
Income Documents
- Copy of NRIC / Passport
- Copy of Employment Pass (front and back)
If you are currently employed (any of the following):
- Most recent computerized payslip
- Latest 6 months CPF Contribution History Statement
- Latest Income Tax Notice of Assessment and latest month computerized payslip / 6 months CPF contribution
For self-employed
- Copy of latest income tax notice of assessment (must be in business for at least 2 years)
For commission earner (any of the following):
- Latest 3 months payslip and latest income tax notice of assessment
- Latest 6 months CPF contribution history statement
- Latest 3 months payslip
- Copy of latest income tax notice of assessment (For 100% commission earner)
Disclaimer: This information may differ from what you see when you visit other financial service websites or the product’s official site, but Loan Advisor continues to keep every detail updated and accurate. This site may be compensated through third-party advertisers. However, the results of our comparison tools which are not marked as sponsored will always be based on objective analysis.
FAQs
How Do I Maximize The Miles Earned For My Spending?
When you spend a minimum of S$2,000 on eligible spends in a statement cycle, you can enjoy the miles rewards. Earn up to 3 miles for every S$1 spent.
- Local spend: 3.5 rewards points or 1.4 miles
- Foreign currency spend: 7.5 points or 3 miles
All spending below S$2,000 will only earn 2.5 points or 1 mile for every S$1 spent.
What Is a Priority Pass Programme?
Priority Pass is one of the best airport lounge access programmes. It gives cardholders access to more than 1,000 airport lounges worldwide. If you’re a principal Standard Chartered credit card cardholder of the Visa Infinite Credit Card, you can enjoy this benefit. This perk is also available for cardholders of Priority Banking Visa Infinite Credit Card and Visa Infinite X Credit Card.
Who Can Apply For The Priority Pass Programme?
The Priority Pass membership is open for cardholders of the Standard Chartered Priority Banking Visa Infinite Credit Card, Visa Infinite Credit Card, and Visa Infinite X Credit Card.
Note: Only the principal cardholder is eligible to apply for a Priority Pass membership.
Where Can I Find The Full List of Participating Airport Lounges?
You can find the full list of participating airport lounges here.
What Other Fees and Charges Should I Be Aware Of?
1. Foreign currency transaction fee: You will be charged fees for your overseas spending, including online shopping from online stores abroad.
- 1% minimum fee by Visa
- 2.5% administrative fee by Standard Chartered
2. Cash advance transaction fee: You can withdraw cash against your credit line with Visa Infinite Credit Card. You will be charged with a fee of S$15 on any amount you withdraw. Plus, an additional fee of 6% per transaction.
- Overlimit fee: If you spend beyond your credit limit, you’ll be charged with an overlimit fee of S$40 on your account.
- Late fee: If you miss your monthly payment, you will be charged with a late payment fee of S$80. Plus, you’ll be charged interest rate.
Our Verdict
The Standard Chartered Visa Infinite Credit Card is perfect for high earners who travel frequently, offering maximum miles on overseas and local spending.
This premium card is designed to cater to the needs of those who demand the best in travel benefits and rewards.
With exceptional earning potential, cardholders can accumulate miles quickly, making it easier to redeem flights, upgrades, and other travel-related expenses.
Additionally, the card’s exclusive perks, such as complimentary airport lounge access and cashback on tax payments, enhance the overall travel experience, providing convenience and luxury at every step.
Key Takeaways:
- Maximize Miles: Earn up to 3 miles per S$1 on overseas spending and 1.4 miles per S$1 on local spending with the Standard Chartered Visa Infinite Credit Card.
- Welcome Bonus: New cardholders receive a 35,000-mile welcome bonus. A minimum spend of S$2,000 per month is required to maximize the card’s rewards.
- Exclusive Perks: Enjoy six complimentary Priority Pass lounge visits annually and up to S$300 cashback on tax payments.
- High Annual Fee: The card has a non-waivable annual fee of S$599.50 (including GST).
- Minimum Spend: A minimum spend of S$2,000 per month is required to maximize the card’s rewards.
Need fast cash? Consider a personal loan! Loan Advisor is your one-stop portal for comparing top licensed moneylenders. Get up to three FREE quotes today to find the best loan packages—no obligation to apply!
Customer Top Reviews
