Standard Chartered is moving standalone credit card customers to Federal Bank

[Sushubh]

https://www.reuters.com/business/federal-bank-buy-select-credit-card-portfolio-standard-chartered-banks-india-2026-04-30/

 

[minuteman]

Federal bank have LTF policy for all their cards. Will they make all SC cards including their super premium ones LTF?

 

[Sushubh]

I'm going to be happy if they can get these cards on the Bbps network tbh.

I don't want to discontinue them. But paying the bill is kind of annoying. App is nasty. Web is slightly better but the login captcha is just insulting to intelligence.

 

[Sushubh]

Got the mail. My card is being dumped on Federal as I don't have bank account with StanChart.

 

[mhsabir]

Same. But question will be with what card - new line-up or some old existing stuff. My card is already LTF, and not gonna take a paid thingy from Federal - Lets see what they offer.

 

[Sushubh]

They say same benefits. Same reward system etc. More details in mail that should come soon.

If you have other accounts with StanChart you might be moved at all.

Dear Client, this is to inform you that as a part of a business decision, your credit card account ending with 2721, is being transferred to Federal Bank. Your credit card(s) will continue to work exactly as it does today, including your reward points. We truly value the relationship you have built with us and we remain committed to support and guide you through this transition with timely updates. A detailed email has been shared from creditcards.info@sc.com for your reference. For any assistance, please contact us using nc6.in/SCBANK/fiBh6G - StanChart

Both of my cards are ltf. I don't use them coz they make payments annoying. I'm just using it once a year to keep them alive. Might not do that this year at all.

 

[mhsabir]

Right, even I just have the card, so I am going to be moved too. There will be a transition phase, where old card will work as it & benefits will be same. Citi card worked under Axis - but eventually new card with similar features were launched. Can only wait and see what they do. I also have OneCard under Federal - so will be interesting to see.

 

[mhsabir]

Got mail/SMS from SCB to give consent for migration. Have clicked agreed for now. Lets see what Federal offers - would have liked to know what I am getting into - but I guess I can always refuse if the offering from Federal turns out to be bad.