Standard Chartered Credit Card Eligibility Criteria & Document Requirements

Standard Chartered Bank offers a wide array of credit cards that meet all your requirements. from lifestyle credit cards to fuel credit cards. This article will provide you with the eligibility criteria followed by Standard Chartered Bank while issuing credit cards and factors affecting Standard Chartered Bank credit card eligibility. Keep on reading to learn more and ease your Standard Chartered application process.

Eligibility Criteria for Standard Chartered Bank Credit Cards

Standard Chartered Bank follows a standard eligibility requirement for its credit cards:

• The age requirement for the primary cardholders is 21-65 years.
• The age requirement for the add-on members is 18 years.
• The applicant must have a stable income.
• The applicant must be an Indian citizen.

Documents Required for a Standard Chartered Bank Credit Card

Keep the physical copies or scanned copies of the given documents while applying for a credit card, either by visiting the nearest Standard Chartered Bank Branch or by applying online.

Credit Cards Offered by Standard Chartered Bank

Standard Chartered Bank provides you with a wide range of credit cards; top credit cards with eligibility requirements are discussed below:

Factors that Affect your Standard Chartered Bank Credit Card Eligibility

• Multiple Applications: Sending applications for multiple credit cards in one go can have a negative effect on your Standard Chartered Bank Credit Card eligibility. It can lead to the rejection of all the applications. It is better to send an application for one credit card that fulfills all the requirements.
• Payment Default: Never ever default in repaying unsecured debt. Late payment can lead to the mention of the defaulter in your credit history, which altogether makes it really difficult to get a credit card and affect your eligibility negatively.
• Age: The applicant’s age matters a lot to the credit card issuers while issuing a credit card. For Standard Chartered Bank credit cards, the minimum age requirement is 21 years; if the applicant applies for a credit card below this age, Standard Chartered Bank will reject their application.
• Income: Income requirements for Standard Chartered Bank credit cards differ from card to card. Having a stable income can affect the Standard Chartered Bank Credit Card Eligibility in a positive way and increases the chances of getting your credit card application approved.
• Credit Score: Credit score is an important factor when applying for a credit card. A bad credit score has a negative impact on Standard Chartered Bank’s credit card eligibility. The chances of your application getting accepted are reduced.
• Employment: Employment determines your income stability. If you don’t have a stable source of income, there is a chance that the card issuer will reject your application. Most card issuers issue credit cards to salaried or self-employed individuals only.

How to Improve your Standard Chartered Bank Credit Card Eligibility?

There are many ways through which you can improve your credit eligibility; a few of them are as follows:

• Increase Credit Score: You can improve your Standard Chartered Bank credit card eligibility by improving your credit score. Having said that, to improve your credit score, you need to clear your dues, or if you have no dues or credit history, then you can start your credit journey by taking an entry-level credit card or secured credit card.
• Paying bills on time: Having no dues can have a positive impact on Standard Chartered Bank’s credit card eligibility. The chances of your application getting approved increase when you pay all your bills on time.
• Reducing debt-to-income ratio: Having a stable income and less debt can help you get a credit card easily.
• Sending one application: Avoid sending applications for multiple credit cards at the same time. Send an application for one credit card that suits your profile, as it increases the chances of your credit card application getting approved.