How does Standard Chartered bank computes a mem...

How does Standard Chartered bank computes a membership year for credit cards?

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SCB offers annual fee waiver for some cards on the basis of spends during the previous memebrship year. Anyone knows how is it computed ie if I received card on Aug 4, billing started Aug 6 then what will be the duration of membership year?

@DealSeeker @A2Zdeals

4 Comments  |  
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It will be 1 year from card received date.. and it should not matter much unless until you made a big purchase at the end of year in order to avoid the annual charges . You can double check with customer care too .

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@Cherry wrote:

It will be 1 year from card received date.. and it should not matter much unless until you made a big purchase at the end of year in order to avoid the annual charges . You can double check with customer care too .


Thanks. Generally doesn’t matter but snapdeal offer made it matter for me. Else would have delayed the purchases to next month.

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As always, CC is clueless.

A2z1
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@disclaimer wrote:

As always, CC is clueless.


But why are you clueless… https://cdn2.desidime.com/assets/textile-editor/icon_rolleyes.gif
1 year is from card issued date but charges are usually levied on billing / bill generation date.
head.service usually provides to the point answer but seems those too are not giving you correct clue.

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