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.
This will also help you wisely keep an account of and manage your expenses. This way, you can pick out fraudulent transactions from the statement and resolve the issue with the bank.


You can do this via net banking or mobile banking. You can also use draft payments and a cheque to make payment.
After all of your documents have submitted, it will take about 10-12 days for the bank to approve the issue of your credit card.
Yes, you can send TRN to +91 9987123123.

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