Is the Standard Chartered Manhattan Credit Card Right for You?

The Standard Chartered Manhattan Credit Card is no longer available for new applicants, but if you're an existing cardholder, here's a breakdown of its features and whether it might still be worth keeping in your wallet.

Cashback on Groceries and Everyday Shopping

This card's primary benefit was the 5% cashback it offered on groceries, supermarkets, and departmental stores. This could be a significant advantage for frequent shoppers, especially if you spend a considerable amount on groceries.

Drawbacks to Consider

• Limited Rewards: While the cashback on groceries was good, the card offered minimal rewards for other spending categories.
• Annual Fee: There was an annual fee associated with the card, which could negate the cashback benefit depending on your spending habits.
• Discontinued for New Applicants: As mentioned earlier, Standard Chartered is no longer accepting new applications for this card.

Alternatives to Consider

Several Standard Chartered credit cards offer potentially better rewards depending on your spending habits. Here are a few options:

• Standard Chartered Super Value Titanium Credit Card: This card offers 5% cashback on fuel, telephone, and utility bills.
• Standard Chartered Platinum Rewards Credit Card: This card provides 5x reward points on dining and fuel spends.
• Standard Chartered Ultimate Credit Card: This card offers a higher base reward rate (3.33%) on all your spends and additional benefits like airport lounge access.

Conclusion

If you already have the Standard Chartered Manhattan Credit Card, you might want to consider keeping it if you primarily shop at groceries and departmental stores. However, for new applicants, there are likely better options available from Standard Chartered or other banks that offer wider reward categories and potentially more valuable benefits.