Standard Chartered Ultimate Credit Card

Standard Chartered Ultimate Credit Card Welcome Benefits:

You get 6,000 Rewards as a joining/welcome benefit. These points can be redeemed for shopping vouchers and charity spends under the 360° rewards program.

Standard Chartered Ultimate Credit Card Rewards:

• You earn 5 RPs on every Rs. 150 spent on retail purchases using the card.
• You also get a 5% cashback on purchases from duty-free stores at airports, with maximum cashback capped at Rs. 1,000 every month.
• No reward points are earned for EMI transactions and transactions that earn you a cashback.

Rewards Redemption:

• The reward points that you’ve earned can be redeemed against shopping vouchers (from popular brands like Nykaa, Croma, Shoppers Stop, etc.) and charity spends on the Standard Chartered online portal under the 360° rewards program.
• The value of 1 RP for this card is Re. 1.
• These earned Rewards expire after 3 years from the accumulation date.

Standard Chartered Ultimate Credit Card Travel Benefits:

• You get complimentary Dreamfolks membership.
• You get 16 domestic lounge access every year (i.e, 4 every quarter).
• You get 1 complimentary international airport lounge visit every calendar month.

Golf Benefits

• 1 complimentary Golf game every month at selected domestic golf courses.
• 1 complimentary Golf coaching session at selected domestic golf courses.

Standard Chartered Ultimate Credit Card Concierge Service:

Standard Chartered offers a 24×7 concierge service with this credit card. The concierge will offer you travel assistance (with visa-related information, hotel bookings, etc.), golf course referral and reservation assistance, dining assistance, art/cultural event booking assistance, and some business-related services like conference information, messenger, and courier service.

Standard Chartered Ultimate Credit Card Insurance Benefits:

Fuel Surcharge:

1% fuel surcharge is applicable (not waived off) at all petrol pumps across India. However, unlike other credit cards, the Standard Chartered Ultimate card earns you reward points (5 points for every Rs. 150) even for fuel purchases.

Standard Chartered Ultimate Credit Card Foreign Currency Markup:

The foreign currency mark-up for transactions using this credit is significantly lower than other cards. Although, you pay a mark-up of 3.5% at the time of the transaction (just like other cards), but you get 1.5% cashback within 60 days of the transaction. So the effective foreign currency mark-up is 2%.

Standard Chartered Ultimate Credit Card Eligibility:

In order to improve the chances of approval for the Standard Chartered Ultimate Credit card, you will need to fulfill certain eligibility criteria, which are as follows:

• your age must be between 21 and 65 years.
• you must have a stable source of income (gross monthly income of Rs. 2,00,000).
• you should have a decent credit score.

How to apply for Standard Chartered Ultimate Credit Card:

You can apply for the SC Ultimate credit card online via the bank’s official website. Once you’ve successfully submitted your digital application, a bank executive will get in touch with you in order to complete the documentation. You will have to submit an ID proof (like an Aadhar card, PAN card, voter card, or any other government-issued ID proof), an address proof, a passport-sized photo of yours, and financial documents like IT return proof (for self-employed individuals) or the latest bank statements/salary slip (for salaried employees). Your card application can also be processed based on your other credit statements.

Customer Care:

If you need any help/assistance, or to report card loss, you can contact Standard Chartered customer care at their call center at 66014444 / 39404444 (prefix STD code) or dial their toll-free helpline number 18003451000. Alternatively, you can also shoot them a mail at [email protected].

Conclusion:

Considering all the benefits that it comes bundled with, the Standard Chartered Ultimate credit card can be a good option for HNIs (High Net-worth Individuals), who travel frequently and want to enjoy a lavish lifestyle as it offers benefits like 16 domestic lounge access, complimentary Dreamfolks membership, cashback on shopping from duty-free stores at airports and an air accident insurance cover. You also get premium benefits like concierge service and golf games and coaching sessions. We think this card offers good competition to HDFC Bank Infinia credit card. What are your views about this card, make sure to let us know in the comment section below. If you’re an existing cardholder, feel free to share your experiences.