How does Standard Chartered bank computes a membership year for credit cards?
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?
4 Comments
|
3 Dimers
- Sort By
https://www.desidime.com/discussions/how-does-standard-chartered-bank-computes-a-membership-year-for-credit-cards?page=1#post_3525667
@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.
https://www.desidime.com/discussions/how-does-standard-chartered-bank-computes-a-membership-year-for-credit-cards?page=1#post_3525953
As always, CC is clueless.
https://www.desidime.com/discussions/how-does-standard-chartered-bank-computes-a-membership-year-for-credit-cards?page=1#post_3526720
@disclaimer wrote:
As always, CC is clueless.
But why are you clueless… 
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.
Click here to reply
Reply
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 .