One credit card we don’t talk about much on the site is the Standard Chartered Rewards+ card. That’s mainly because it’s just not very good, with limited opportunities to earn the top rate of 2.9 mpd (or 4 mpd) compared to the increased competition in this sector from the other banks including Citi and HSBC.
The Standard Chartered Rewards+ card is certainly a lacklustre option compared to the 4 mpd competition on the market. It earns 10x Rewards Points on foreign currency spend (i.e. any transaction not in SGD) and 5x Rewards Points on local (SGD) dining transactions, with a lousy 20,000 Rewards Points cap per card anniversary year.
Is it 2.9 mpd or 4 mpd?
What you earn with the Rewards+ card in terms of equivalent miles per dollar is based on whether you also hold the Standard Chartered Visa Infinite or Standard Chartered X Card.
That’s because your 360° Rewards Points ‘pool’ between your Standard Chartered cards, and Visa Infinite cardholders can transfer to KrisFlyer miles at a better transfer ratio of 2.5:1, instead of 3.44:1.