Standard Chartered Ultimate Credit Card

Rewards & cashback

• Effective cashback rate: 3.33%
• Customers can earn 5 reward points per ₹150 spent on all categories except fuel and utility bill payment
• 5% cashback on duty free shops

Airport lounge access

• 4 free accesses per calendar quarter on domestic Lounges in India
• 1 free access per month at international lounges outside India (with Priority Pass) subject to spends of ₹20,000 on your credit card in the previous month

More benefits & features

• Foreign Currency Mark-up: 2% Foreign currency Mark-up fees (3.5% charged at the time of transaction and 1.5% cashback within 60 days)
• Complimentary access to premier golf courses in the country
• Reduced foreign currency markup fee of 2% only

Fees & charges

Joining fee

₹5000 + taxes

Foreign currency markup

2%

Interest rate

3.75% every month or 45% annually

Late payment

Ranges from ₹100 to ₹1300

Cash advance

3% of the transacted amount, subject to a minimum fee of ₹300

Fuel surcharge

1% fuel surcharge waiver is applicable. Maximum ₹1,000 each month

Billing cycle

30 Days

Other fees

3% of the transacted amount, subject to a minimum fee of ₹300. | Reward Redemption Fees: ₹99

Pros and cons

Who can apply

• Age: Applicants 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

How to apply

1. Visit the Standard Chartered credit card webpage [Standard Chartered Credit Cards]
2. Select the "Ultimate Credit Card" or find it through their comparison tool
3. You'll likely find an "Apply Now" option on the card's webpage
4. The application process should involve filling out a form with your personal details, income information, and employment details
5. Standard Chartered offers Video KYC (verification) which allows you to complete the process virtually from your home