On 30 April 2026, Standard Chartered announced that it is selling up to 4.5 lakh of its approximately 6.4 lakh Indian credit cards to Federal Bank. This includes 75% of the cards in the top eight cities with completion expected within 2026. Any outstanding balance will now be repayable to Federal Bank.
The credit card account, credit limit, reward points (which have the same value and expiry), as well as the annual fee will move across without fresh KYC required. Credit cards which were closed are excluded. Each active Standard Chartered credit card will map to a Federal Bank card.
A new Federal Bank credit card will be delivered within 7–10 days with a new benefit set. Customers can accept by sending ACCEPT to 9702363363 or by continuing to use the card after the notified date but declining means no new credit card will be issued and the old limit, points, and benefits will end. Paying outstanding dues does not qualify as consent for a new credit card.
You can block your credit card through the Standard Chartered net banking account. To do so, the below-mentioned steps need to be followed:

Standard Chartered also offers you an option of blocking your credit card through their mobile application. Here are the steps to be followed to do so:

Yes, Standard Chartered may levy a fee for a replacement card.
Yes, the status of the replacement card can be tracked online.
Yes, you can block the Standard Chartered credit card by calling customer care.
Yes, you must call Standard Chartered's customer care from the registered mobile number to block the card.
Yes, you can block the Standard Chartered credit card by visiting the bank branch.
Yes, the registration process must be completed to block the Standard Chartered credit card via net banking.
Yes, the registration process must be completed to block the Standard Chartered credit card via net banking.

Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2026 BankBazaar.com.