Standard Chartered Balance Transfer Credit Cards in UAE

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  | Published: 13 September 2021

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With a 150-year-old history, Standard Chartered Bank is one of the largest banking institutions in the world. The bank provides services in some of the most dynamic markets and financial capitals worldwide. In the UAE, the bank first commenced its services in Sharjah in 1958 and further expanded across the country. With an extensive range of conventional and Islamic banking products, the bank serves individuals, businesses, and corporates. Being one of the most preferred credit card providers, the bank offers numerous credit cards with unmatched benefits and rewards to the customers. 

However, using a credit card requires a basic financial understanding and debt management, or else it’s easy to get trapped in big credit card debts. To resolve this issue, the bank came up with the Standard Chartered balance transfer credit cards. The balance transfer facility allows customers to easily transfer their outstanding balance to another bank’s credit card. Transferring the credit card balance provides the customers with a longer repayment period at lower interest rates. In addition, Standard Chartered credit cards offer numerous other benefits like cash back, travel & stay benefits, shopping, lifestyle and entertainment offers, and much more.

Best Standard Chartered Balance Transfer Credit Cards in UAE

Standard Chartered Visa Infinite Credit Card

Standard Chartered Visa Infinite Credit Card
Airport Lounge Access
  • Minimum Salary AED 30,000
  • Annual Fee AED 1,575
  • Balance Transfer
  • Free for 1st year
  • Airport Lounge Access
  • Golf Benefits
  • Health Club Memberships
Reward Value: AED 52,177

Features & Benefits of Standard Chartered Visa Infinite Credit Card

  • Avail of 0% interest rate on the outstanding balance for up to a tenure of 6 months. Thereafter, the prevailing interest rates will be applied.
  • Easy monthly installment plans for repayment with flexible tenure.
  • Get unlimited priority access to over 1000 airport lounges with one free guest access around the world.
  • Earn rewards and convert them into miles to avail of extra discounts on air travel.
  • 4 complimentary airport pick up and drop service with Careem for rides up to AED 100.
  • Medical and Travel insurances for up to 90 days for cardholder and family.
  • Purchase protection facility.
  • Visa Concierge Service and assistance.

Standard Chartered Manhattan Rewards+ Credit Card

Standard Chartered Manhattan Rewards+ Credit Card
Balance Transfer
  • Minimum Salary AED 10,000
  • Annual Fee AED 525
  • Balance Transfer
  • Free for 1st year
  • Airport Lounge Access
  • Hotel Discounts
Reward Value: NA

Features & Benefits of Standard Chartered Manhattan Rewards+ Credit Card

  • No interest is levied on the outstanding balance for the first 6 months. Thereafter, prevailing interest rates will be applied.
  • Easy instalment plans for repayments with flexible tenure.
  • Access to over 1000 airport lounges in 300+ cities with 8 free annual visits.
  • VIP Guest Status at over 900 premium properties across the globe.
  • Medical and travel insurance coverage for the cardholder and family for up to 90 days. 
  • 20% off at over 200 airport restaurants with DragonPass.
  • Purchase protection facility.
  • Visa Concierge Service.

Standard Chartered Saadiq Credit Card

Standard Chartered Saadiq Credit Card
Airport Lounge Access
  • Minimum Salary AED 8,000
  • Annual Fee AED 315
  • Free for 1st year
  • Airport Lounge Access
  • Hotel Discounts
  • Travel Discounts
Reward Value: AED 9,849

Features & Benefits of Standard Chartered Saadiq Credit Card

  • Avail 0% interest rate on the outstanding amount for the first 6 months. Subsequently, the prevailing interest rates will be applied. 
  • Convenient and flexible instalment plans for repayment.
  • Access to over 1000 airport lounges in 300+ cities with 8 free visits per year.
  • Sharia-compliant globally accepted credit card.
  • 20% off at over 200 airport restaurants with DragonPass.
  • Medical and Travel Insurance coverage for the cardholder and family for up to 90 days.
  • Zero Cash Advance Fee.
  • Zero Late Payment Fee.
  • Purchase protection facility.
  • Visa Concierge Service.

Standard Chartered X Credit Card

Standard Chartered X Credit Card
Balance Transfer
  • Minimum Salary AED 8,000
  • Annual Fee AED 525
  • Balance Transfer
  • Free for 1st year
  • Movie Discounts
  • Dining Benefit
  • Travel Benefits
  • Hotel Discounts
  • Airport Lounge Access
Reward Value: AED 20,051

Features & Benefits of Standard Chartered X Credit Card

  • No interest is levied on the outstanding balance for the first 6 months. Thereafter, prevailing interest rates will be applied.
  • Easy installment plans for repayment with flexible tenure.
  • Access to over 1000 airport lounges in 300+ cities with 8 free visits per year.
  • Medical and Travel Insurance coverage for cardholder and family for up to 90 days.
  • 20% off at over 200 airport restaurants with DragonPass.
  • 10% cashback on all purchases made through the credit card.
  • Purchase protection facility.
  • Visa Concierge Service.

Standard Chartered Cashback Credit Card

Features & Benefits of Standard Chartered Cashback Credit Card

  • Avail 0% interest rate on the outstanding balance for up to a tenure of 6 months. Thereafter, the prevailing interest rates will be applied.
  • Easy monthly installment plans for repayment with flexible tenure.
  • Access to over 1000 airport lounges in 300+ cities with 8 free visits per year.
  • Medical and travel insurance coverage for the cardholder and family for up to 90 days.
  • 20% off at over 200 airport restaurants with DragonPass.
  • Purchase protection facility.
  • Visa Concierge Service.

Features of Standard Chartered Balance Transfer Credit Cards in UAE

Being simple and affordable is only the basic feature of Standard Chartered credit cards. The bank offers a variety of features considering the customers’ needs. A few important features of Standard Chartered credit cards are mentioned below - 

  • Low Annual Membership Charges - The annual charge on each Standard Chartered credit card varies with the benefits and services offered. The balance transfer credit cards have a low annual fee ranging between AED 315 and 1575.
  • Minimum Salary Requirement -  To avail of a Standard Chartered credit card, an individual needs to satisfy the minimum income requirement. The salary criterion is different for each credit card and ranges between AED 8,000 and 30,000. 
  • Low-Cost Balance Transfer - Standard Chartered bank offers a low cost and convenient balance transfer facility. The feature provides lower interest rates of around 3% per month and a longer repayment tenure with complete flexibility. 
  • Buyers Protection - Standard Chartered credit cardholders get a buyers’ protection facility on all eligible items. It protects them from frauds and product damage and entitles them for refunds and replacement of products.
  • Complimentary Airport Lounge Access - Individuals get unlimited access to over 1000 international airports with various balance transfer credit cards.  
  • Complete Control Over Credit Card - The cardholders can monitor, limit expenses, block their credit cards from anywhere and anytime using online banking and mobile app. 
  • Payment via Mobile Wallets - The credit cards include tap to pay option supported on all major mobile wallets like Samsung pay, Apple Pay, Google Pay, etc. 
  • Multi-Trip Insurance - If you are a frequent flyer, the balance transfer credit cards come with travel and medical insurance, providing complete security during your journey, including travel inconvenience and emergency medical expenses.

Benefits of Standard Chartered Balance Transfer Credit Cards in UAE

Standard Chartered Credit Cards includes numerous benefits covering every expense of the customers. The balance transfer facility adds to its long list of benefits. Following are the key advantages of Standard Chartered credit cards. 

  • Avail quick, simple and low-cost balance transfer facility up to your credit card limit. 
  • Enjoy 0% interest rate on the outstanding balance for the first six months. Subsequently, the prevailing interest rate will be levied.
  • An individual can pay off the debt in easy monthly instalments. 
  • The card offers flexible tenure for credit card debt payments.
  • Avail a low interest rate of only 3% per month on balance transfers. 
  • An option of early settlement with a nominal fee of 2 to 5% on the balance or AED 300 (whichever is higher).
  • The cardholder gets free priority access to over 1000 global airport lounges with one accompanying guest. The offer varies depending on the type of Standard Chartered credit card.
  • Earn rewards on each expense and redeem them directly on your next shopping.  
  • Avail of purchase protection and extended warranty on various commodities. 
  • The cardholders are also entitled to medical and travel insurances on select credit cards for a convenient travel experience.    
  • The balance transfer credit cards also include various dining, entertainment and other lifestyle offers. 

List of Standard Chartered Balance Transfer Credit Card with Salary Requirments in UAE

Here is the list of top Standard Chartered credit cards with a balance transfer facilities.

Standard Chartered Credit Card 

Salary Requirement

Visa Infinite Credit Card

  • Minimum Salary Requirement of AED 30,000

Manhattan Rewards+ Credit Card

  • Minimum Salary requirement of AED 8,000

Saadiq Credit Card

  • Minimum Salary requirement of AED 8,000

Cashback Credit Card

  • Minimum Salary Requirement of AED 8,000

X Credit Card

  • Minimum Salary Requirement of AED 8,000

Eligibility Criteria for Standard Chartered Balance Transfer Credit Cards

Individuals willing to apply for Standard Chartered credit cards need to satisfy a few eligibility criteria as mentioned below - 

  • Age - Customers between the age of 21 to 60 are eligible to apply for various Standard Chartered credit cards. 
  • Salary Requirement - The applicant needs to fulfil the minimum income criteria for their preferred cards. 
  • Nationality - UAE nationals, residents and expatriates are eligible for Standard Chartered credit cards subject to documents submission.

Documents Required for Standard Chartered Balance Transfer Credit Cards

Following is the list of documents required during the application for Standard Chartered credit cards with a balance transfer option. 

For UAE Nationals

  • An original and copy of valid Emirates ID
  • Salary transfer letter/salary certificate or bank statement.

For Expats

  • An original or copy of valid passport including visa details
  • Salary certificate/transfer letter or bank statement. 

Note: The bank can ask for additional documents for validation and record at its discretion. 

How to Apply for Standard Chartered Balance Transfer Credit Cards?

The application process for Standard Chartered credit cards is quick and convenient. Individuals can use the online mode to apply for the card from anywhere and anytime. They can also visit the nearest branch and fill out the form for balance transfer credit cards. 

  • Online Application - Individuals can simply visit the official bank’s website, select his/her preferred card and fill out their personal details to apply for a credit card in uae. The bank will verify the details and eligibility and deliver the credit card within 24 hours. Individuals can also apply using the Standard Chartered mobile application. The process remains the same. 
  • Application through Branch - Individuals can visit the nearest branch with all the required documents and fill the credit card application form at their ease. 

Fees & Charges on Standard Chartered Credit Cards with Balance Transfer Option 

Following is the list of various charges on Standard Chartered balance transfer credit cards. 

Credit Cards Annual Charges
Visa Infinite Credit Card (First Year Free)
Manhattan Reward+ Card AED 525 (First Year Free)
Saadiq Credit Card AED 315 (First Year Free)
Cashback Credit Card AED 525 (First Year Free)
X Credit Card AED 525 (First Year Free)
Other Fees and Charges
Balance Transfer Interest Rate Up to 3% per month
Balance Transfer Process Fee Up to 4.2% 
Early Settlement Charges 2 to 5% or AED 300 (whichever is higher)
Finance Charges 3.45% (for retail transactions) 3.75% (for cash transactions)
Late Payment Fee AED 241.5
Supplementary Cards Charges AED 525 from 2nd year for Visa Infinite Card Free for all other cards
You may also like this - List of Balance Transfer Credit Cards in UAE to Apply

Terms and Conditions for Standard Chartered Balance Transfer Credit Cards

Following are the important terms and conditions for Standard Chartered credit cards with a balance transfer facility. 

  • A one-time processing fee will be levied while transferring your outstanding balance to another credit card. 
  • An individual is not required to pay a fixed monthly installment; however, he/she needs to pay the minimum amount due as per the latest card statement. 
  • The bank will calculate 180 days (interest-free) from the date of credit card amount deductions, irrespective of the billing date. 
  • The bank will block the transfer amount on the credit card and it will be released gradually on every monthly payment. 
  • The bank can reject balance transfer applications at its discretion. 
  • The bank is not liable for overdue charges, late payment fees, and other charges due to delay of repayment. 

Conclusion 

With two simple choices in front of you, it is rather easy to pick the Finance House credit card with a balance transfer facility that suits your tastes and needs the best. Make sure that you read and examine all the benefits first and then make an informed choice to end up with nothing but the best credit card in the UAE for yourself. 

Top Bank's Credit Cards That Offer Balance Transfer in UAE

Balance Transfer Credit Cards in UAE
Noor Balance Transfer Credit Cards in UAE RAKBANK Balance Transfer Credit Cards in UAE
Deem Balance Transfer Credit Cards in UAE FAB Balance Transfer Card in UAE
Mashreq Balance Transfer Card in UAE ADCB Balance Transfer Credit Cards in UAE
Finance House Balance Transfer Credit Card in UAE HSBC Balance Transfer Credit Card in UAE

FAQ's on Standard Chartered Balance Transfer Credit Card in UAE

How can I avail of a balance transfer facility on a Standard Chartered credit card?

The cardholder needs to call the bank on (+971) 600 5222 88 and request a balance transfer. Later, he/she needs to submit the card details as asked by the bank.

Is there a minimum salary requirement for availing of a Standard Chartered balance transfer credit card?

Yes, an individual needs to satisfy the minimum income requirements to avail the credit cards.

Do I need to pay a processing fee for using a balance transfer facility?

Yes, individuals need to pay a one-time processing fee at the time of using the balance transfer facility.