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Standard Chartered Ultimate Credit Card

★★★★☆(4.5)

The Standard Chartered Ultimate Credit Card can be a great fit for those who want to earn rewards and enjoy travel benefits. With this card, you can earn a 3.3% reward rate on all your purchases, pay only a 2% foreign transaction fee, and get 5% cashback on duty-free spending. Additionally, you'll receive free access to golf courses across the country and much more! Read on to discover all the benefits this card has to offer. 👇

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Standard Chartered Ultimate Credit CardFromSBI Bank
Powered ByVisa
Features and Benefits

Aspects that make spending using this card lit as the sun!

✔Welcome Bonus
✔Travel
✘Fuel
✔Rewards
✘Shopping
✘Cashback
✘Dining
✘Insurance
✘Interest
Welcome Bonus
Welcome Bonus
  • 6,000 welcome points worth ₹6,000 on payment of the joining fee.
Reward Points
Reward Points
  • Note: Some categories which are not eligible for reward points are fuel, utilities and supermarkets.
  • 5 reward points on every ₹150 spent on all categories.
  • Reward Rate: 3.3%
Travel Benefit
Travel Benefit
  • Reduced foreign currency markup fee of 2% on all foreign currency transactions.
  • 5% cashback on spends done duty-free. Note: Max cashback of ₹1,000 in one month.
Lounge Access
Lounge Access
  • Access to 1,000 airport lounges all over the world.
EMI Benefit
EMI Benefit
  • Ease of converting transactions of ₹5,000 and above into smaller EMIs.
Other Benefit
Other Benefit
  • Free add-on credit card with all the same benefits as on the primary credit card.
  • Facility of availing a loan of up to ₹5 lakh against the credit card.
  • Option of transferring the card balance up to ₹5 lakh from other credit cards.
Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹5000

Annual Fee

₹5000

Annual Percentage Rate

45%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

3%

Cash Advance Limit

NA

Card Replacement Fee

Nil

Foreign Transaction Fee

2%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

1%

Reward Point Value

₹1

Balance from ₹10000 to ₹25000

₹800
Pros

Aspects that make this credit card amazing.

  1. ⮚Cashback on spends done duty-free.
  2. ⮚Users can avail of free access to airport lounges.
  3. ⮚Freedom of converting transactions into EMIs.
  4. ⮚All the benefits can be avail on the add-on credit card.
Cons

Aspects this credit card lacks.

  1. ⮚Users don’t get fuel surcharge waivers.
  2. ⮚The card doesn’t offer any concierge services.
  3. ⮚Reward Redemption fee of ₹99 is levied.

Standard Chartered Ultimate Credit Card Review

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

If you're looking for a credit card that gives high cashback and special benefits on multiple categories, like travel and rewards, the Standard Chartered Bank Ultimate Credit Card is a great choice. This card rewards its users with a 3.3% rewards rate and allows them to redeem points for gift vouchers, making it a worthy competitor to several premium credit cards, such as HDFC Infinia and HDFC Diners Club Black Card. The SCB Ultimate Credit Card also provides excellent travel perks, such as a 5% discount on duty-free purchases and a foreign transaction fee of only 2%, which is one of the lowest in India. Moreover, the card offers golf benefits across premium golf courses in India. Therefore, if you are a frequent traveller or someone who is interested in higher rewards, this is an excellent option.

Overview

Best forRewards & Travel
Joining Fee₹5,000 + Applicable Taxes
Annual Fee₹5,000 + Applicable Taxes
Welcome Benefits6,000 reward points
Card NetworkVisa, Mastercard

Who should get an Standard Chartered Ultimate Credit Card?

The Standard Chartered Ultimate Credit card is an ideal choice for users who frequently spend substantially on categories like shopping and travel as users get discounts and cashback on these categories, including insurance benefits that cover air accidents and medical emergencies. Moreover, users can also opt-in for an EMI facility to convert their major transactions into simple EMI and also avail of a loan against the credit card in case of an emergency. That is why this card is a suitable choice for users who want to avail of such benefits and are fine with an annual fee of ₹5,000 in exchange for these benefits.

How to Apply for an Standard Chartered Ultimate Credit Card?

1. Apply for an Standard Chartered Ultimate Credit Card Online

  • Standard Chartered Ultimate Credit card can be applied through an online application process. To apply, follow the below-mentioned steps:
  • Visit the Standard Chartered Website.
  • Under the “Card” section, “Ultimate Credit card” will be listed.
  • Click on “Apply Now” and start the application process.
  • Fill in all the required details and upload all the necessary documents to complete the process.

Standard Chartered Ultimate Credit Card Eligibility

  • Age: 21 to 65 years
  • Occupation: Salaried or Self Employed
  • Income: Applicants should have a stable monthly income.

Documents Required

  • Proof of identity: Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.