Standard Chartered Platinum Mastercard
Simple points card with a lifetime annual fee waiver
Apply for Standard Chartered Platinum Mastercard →Last updated 7 August 2026 · Reviewed by Raymond, Rates.my
Standard Chartered Standard Chartered Platinum Mastercard overview
The Standard Chartered Standard Chartered Platinum Mastercard is a Platinum-tier Mastercard points card built around rewards points. Simple points card with a lifetime annual fee waiver. It best suits upper-middle-income earners, with a minimum income requirement of RM96,000 a year. It carries no annual fee.
Features & benefits
- ✓Lifetime annual fee waiver
- ✓1x reward point per RM1
- ✓RM96,000/yr min income
Is the Standard Chartered Platinum Mastercard worth it?
The Standard Chartered Platinum Mastercard is best suited to upper-middle-income earners — its minimum income requirement is RM96,000 a year (about RM8,000 a month). As a points card, it works best for people who will actively redeem rewards points for vouchers, gifts or air miles.
- +Free for life — no annual fee
- +Earns 1 reward point per RM1 spent
- −Higher income requirement — RM96k a year
- −Rewards only pay off if you actively redeem your points or miles
- −Like any credit card, finance charges apply if you don't pay the balance in full each month
How much could you earn?
At 1 point per RM1, around RM2,000 of monthly spending earns about 2,000 points a month — redeemable for vouchers, gifts or air miles depending on the programme. This is illustrative; redemption value varies.
Eligibility & how to apply
Requirements are general guidance — Standard Chartered sets the final approval criteria. Confirm current terms before you apply.
The fine print, decoded
Before you apply, read Standard Chartered's official terms & Product Disclosure Sheet — the cashback caps, category exclusions and fees are all set out there.
📄 Official Standard Chartered Platinum Mastercardterms & product disclosure →Standard Chartered Platinum Mastercard FAQ
You need a minimum annual income of RM96,000 (about RM8,000 a month). Standard Chartered also considers your overall credit standing.
No — the Standard Chartered Platinum Mastercard is free for life with no annual fee.
It earns 1 reward point per RM1 spent. Simple points card with a lifetime annual fee waiver.
No — the Standard Chartered Platinum Mastercard is a conventional credit card. Check with Standard Chartered for any Islamic (card-i) equivalent.
It's a good fit for upper-middle-income earners who want rewards points — its main draw is "Simple points card with a lifetime annual fee waiver". With no annual fee, there's little downside to holding it. Compare it with the related cards below before applying.
See how the Standard Chartered Platinum Mastercard compares
This card features in our ranked shortlists — compare it against the best in each category:
Rates, fees and promotions are indicative and time-limited — always confirm current terms with Standard Chartered before applying. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Standard Chartered; card names and logos belong to their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.