Core Rewards :
  • 0.67% 1 Reward Points per Rs. 150 on online and offline transactions
  • 5% cashback on Fuel with transaction value less than Rs.2000 , cashback is capped at Rs. 100/transaction
  • 5% cashback on paying for your phone bills cashback is capped at Rs. 200/month (minimum transaction amount Rs. 750)
  • 5% cashback on paying for your utility bills Max Rs. 100/month (minimum transaction amount Rs. 750)
Milestone Rewards :
  • Monthly : N/A
  • Quaterly : N/A
  • Annual : N/A
No rewards on spends : N/A
Rewards Redemption
How to Redeem :
  • Redeem your point via Statement Credit or Gift vouchers
Redemption options : Gift Voucher
Redemption fee : Rs. 99+GST
Transfer partners : N/A
Complementary Benefits
Lounge access :
  • Domestic Lounge : 4 per quarter
  • International Lounge : 1 per month
  • Railway Lounge : N/A
Insurance Benefits :
  • Lost card liability : Upto Credit Limit
  • Personal accidental insurance : N/A
  • Air accidental insurance : N/A
Other Benefits :
  • Lounge Membership : PriorityPass - International Lounge Access
  • Memberships Available With Cards : N/A
  • Spa Benefits : N/A
Golf Benefits :
  • Lessons : 1 per month
  • Games : 1 per month
Joining fees : 5000
Annual fees : 5000
Welcome Benefits : N/A
Quaterly Benefits : N/A
Annual Benefits : 5000 Reward Points
Forex markup charges : 2%
Fee reversal criteria : N/A
Minimum age : 21
Minimum ITR : 24,00,000
Minimum Salary : 2,00,000

Standard Chartered Ultimate Credit Card Welcome Benefits

  • Welcome benefit: Receive e-vouchers worth Rs. 5,000 from select brands. Enjoy shopping, travel, fashion, and more with these versatile vouchers. Elevate your lifestyle from the moment you get your Standard Chartered Ultimate Credit Card.
  • Explore premium choices in travel, clothing, footwear, and shopping.
  • Your gateway to luxury and rewards begins with this exclusive welcome offer.

Standard Chartered Ultimate Credit Card Reward Points/Cashback

The Standard Chartered Ultimate Credit Card offers:

  • Movie and dining benefits with free movie tickets and dining discounts.
  • Reward rate of 2.5% on groceries, dining, movies, and department store spending.
  • Redemption options for gift vouchers or statement balance.
  • Complimentary travel memberships and airport lounge access.
  • Golf privileges and insurance coverage.
  • Core rewards of 4% on transactions, 5X points on select categories, and 2% on other spends.
  • Milestone rewards on annual spending.
  • No rewards on wallet transactions.

Standard Chartered Ultimate Credit Card Reward Point Redemption

You can easily redeem your reward points with the Standard Chartered Ultimate Credit Card:

  • Redemption Options: You can use your reward points for gift vouchers and statement cash.
  • Redemption Fee: There is no fee for redeeming your points.
  • Transfer Partners: The card does not offer any transfer partners.
  • Value: Each reward point is worth Re. 0.25 when redeemed for gift vouchers, products, or cashback.

Pros of Standard Chartered Ultimate Credit Card

  • Attractive welcome benefits worth Rs. 5,000.
  • Access to domestic and international airport lounges.
  • Competitive reward rates on dining, groceries, and department store expenses.
  • Lucrative milestone rewards for high spenders.
  • Enjoy two complimentary movie tickets each month.

Cons of Standard Chartered Ultimate Credit Card

  • High annual fee.
  • Limited movie and dining benefits.
  • Caps on cashback for certain categories.
  • Limited travel benefits compared to some premium cards.
  • Complex reward point redemption process.
  • High interest rates.
  • Foreign exchange markup fee for international transactions.
  • No specific movie or dining perks.
  • No monthly or quarterly rewards.
  • Cap on cashback for fuel transactions.

Standard Chartered Ultimate Credit Card Benefits

  • Lounge Access:
    • Domestic Lounge: 4 visits per quarter.
    • International Lounge: 1 visit per month.
    • Railway Lounge: Not available.
  • Insurance Benefits:
    • Lost Card Liability: Coverage up to the credit limit.
    • Personal Accidental Insurance: Not provided.
    • Air Accidental Insurance: Not provided.
  • Other Benefits:
    • Lounge Membership: PriorityPass for international lounge access.
    • Golf Benefits:
      • Lessons: 1 free lesson per month.
      • Games: 1 free round of golf per month.
    • Spa Benefits: Not available.

Standard Chartered Ultimate Credit Card Charges and Fee

  • Joining Fees: Rs. 5,000
  • Annual Fees: Rs. 5,000
  • Welcome Benefits: Not Applicable
  • Quarterly Benefits: Not Applicable
  • Annual Benefits: 5,000 Reward Points
  • Forex Markup Charges: 2%
  • Fee Reversal Criteria: Not Applicable
  • Spend-Based Waiver: None
  • Rewards Redemption Fee: Rs. 99
  • Foreign Currency Markup: 2% (3.5% charged at the time of the transaction and 1.5% cashback within 60 days)
  • Interest Rates: 3.75% per month (45% annually)
  • Fuel Surcharge: 1% fuel surcharge is applicable.
  • Cash Advance Charges: 3% of the transacted amount, subject to a minimum fee of Rs. 300.
  • Add-on Card Fee: Nil