Standard Chartered Ultimate Credit Card
Rewards & Benefits
Welcome Benefits
None
Milestone Benefits
Cashback Rate
Effective cashback rate: 3.33%.
Customers can earn 5 reward points per INR 150 spent on all categories except fuel and utility bill payment.
Movie Benefits
Dining Benefits
Other Benefits
Travel and Lifestyle benefits. Other Benefits: Complimentary access to premier golf courses in the country. reduced foreign currency markup fee of 2% only.
Lounge Access
Fees & Charges
Joining Fee
s: INR 5000 + GST.
Annual Fee
Cash Advance Fee
3% of the transacted amount, subject to a minimum fee of Rs. 300.
Interest rate
3.75% every month or 45% annually
Late Payment Fee
Late Payment Charges: Ranges from INR 100 to INR 1300.
Foreign Currency Transactions Fee
International Forex Mark-up fees: 2%.
Other Fees
Cash Advance Charges: 3% of the transacted amount, subject to a minimum fee of Rs. 300. | Reward Redemption Fees: INR 99.
Cons
Very basic credit card.
Does not provide shopping benefits and rewards.
High joining fees.
Reward System: Customers can earn 5 reward points per INR 150 spent on all categories except fuel and utility bill payment. 1 RP =INR 1. Effective cashback rate: 3.33%.
Travel Benefit: 5% cashback on duty free spends and access to over 1000 airport lounges across the world.
Other Benefits: Complimentary access to premier golf courses in the country. reduced foreign currency markup fee of 2% only.
Rewards & Benifits
Welcome Benefits
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Rewards System
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
International Forex Markup
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Welcome Benefits and Reward System
Special Features
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Eligibility Criteria
Age: Applicant’s age should be between 21 and 65.
Monthly Income: Applicant should have a stable monthly income.
Other Requirements: Applicant should belong to credit cards sourcing cities/locations of the Bank.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Visit the Standard Chartered credit card webpage [Standard Chartered Credit Cards].
Select the "Ultimate Credit Card" or find it through their comparison tool.
You'll likely find an "Apply Now" option on the card's webpage.
The application process should involve filling out a form with your personal details, income information, and employment details.
Standard Chartered offers Video KYC (verification) which allows you to complete the process virtually from your home.
Contact Details
011-66011500 / 011-39401500
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Reward System: Customers can earn 5 reward points per INR 150 spent on all categories except fuel and utility bill payment. 1 RP =INR 1. Effective cashback rate: 3.33%.
Travel Benefit: 5% cashback on duty free spends and access to over 1000 airport lounges across the world.
Other Benefits: Complimentary access to premier golf courses in the country. reduced foreign currency markup fee of 2% only.
Very basic credit card.
Does not provide shopping benefits and rewards.
High joining fees.
The card offers a low cashback rate of 3.33%. It offers limited value add benefits. Overall it is suited only for those individuals who undertake frequent international air travel.
The card offers a low cashback rate of 3.33%. It offers limited value add benefits. Overall it is suited only for those individuals who undertake frequent international air travel.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Fuel Surcharge
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Billing Cycle
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.