The Standard Chartered Ultimate Credit Card is exclusively designed to fulfill the lifestyle needs of both medium and high-class users. It was launched in September 2017 and works on VISA Infinite gateway. This means that this credit card is ultra-premium and comes with outstanding benefits.
Let’s see in detail what this credit card has to offer to its customers.
Complete Details Of The Standard Chartered Ultimate Credit Card
Since the card offers the highest rewards in the Indian credit card business, it is targeted at affluent customers. Though the nominal fee is Rs.5,000, the benefits that it offers are worth it. Its rich features have attracted thousands of customers in India.
Features & Benefits Of The Standard Chartered Ultimate Credit Card
It offers a cashback of 5% on duty-free spends.
It gives access to 1,000+ airport lounges in the world.
It offers the Priority Pass membership complimentary.
There is no joining or renewal fee for add-on cards.
It offers a complimentary travel insurance coverage of Rs.1 crore on air accidents.
It offers access to 150 premier golf courses worldwide and 20 within India.
It offers 24×7 concierge service assistance.
It offers a discount of 25% at 250 high-class restaurants in India via online booking.
It offers a discount rate of 25% on Fast Track Immigration service at airports for more than 450 destinations across the world.
You can save up to 35% on Avis international car rental service and 25% on Hertz international car rental service.
Rewards Of The Standard Chartered Ultimate Credit Card
You can earn 5 reward points for every Rs.150 that you spend with the credit card.
The accrued reward points can be redeemed for Amazon gift card, hotel bookings, air miles, and gift vouchers on the official SBI website.
You can enjoy Rs.10,000 worth cashback on MakeMyTrip.
You get a cashback of 20% on Uber spends, given that there is a minimum spend of Rs.15,000.
There is a renewal benefit of up to 5,000 rewards.
Fees & Charges Of The Standard Chartered Ultimate Credit Card
Type of Fee
Joining fee for add-on card
Annual fee for add-on card
Late payment charges
If your bill is less than/equal to Rs.500, it has a penalty of Rs.100.
For bills ranging from Rs.501 to Rs.2,000, the penalty is Rs.350.
For bills ranging from Rs.2,001 to Rs.4,000, the penalty is Rs.500.
For bills ranging from Rs.4,001 to Rs.20,000, the penalty is Rs.700.
For bills exceeding Rs.20,000, the penalty is Rs.800
Over limit fee
2.5% of the total overlimit amount, which is subject to a minimum of Rs.500
Reward redemption fee
Cash advance fee
3% of the withdrawal amount, which is subject to a minimum of Rs 300
Foreign Transaction Fee
3.5% of the total transaction amount
3.1% for each month (37.2% per year)
Eligibility Criteria Of The Standard Chartered Ultimate Credit Card
The applicant’s minimum age should be 21.
The applicant’s maximum age should be 65.
The applicant should belong to any city where the bank is located.
Documentation Of The Standard Chartered Ultimate Credit Card
A copy of the ID proof (PAN/Passport/Voter ID/AADHAR card/Driving license).
A copy of the address proof (Electricity bill/ Passport/Latest bank statements/Recent credit card statements/Rental agreement/Phone bill/AADHAR card/Driving license).
One passport size photograph.
A copy of the pay slips (recent) – for a salaried employee.
A copy of the recent IT returns and a copy of business credit card statement as a proof of income – for a self-employed.
How To Apply Standard Chartered Ultimate Credit Card Online?
Step 1: Go to the official website of Standard Chartered Bank.
Step 2: Click on the menu named Our Products.
Step 3: Select Credit Cards > Ultimate Card.
Step 4: A web page opens, which explains the features and benefits of the Ultimate Card.
Step 5: On the top, you will see a button named ‘Apply Now’. Click on it.
Step 6: It redirects to a new page. On the right pane, you will see a form to apply online.
Step 7: Enter your DOB, name of the city you reside, income source, email id, contact number, etc.
Step 8: Click on the checkbox that says “I authorize Standard Chartered Bank to contact me.”
Step 9: Click on the ‘Proceed’ button.
Step 10: If all the entered details meet the bank’s requirements, your application will be approved instantly.
Important FAQS On The SC Ultimate Credit Card
Before applying for the Standard Chartered Ultimate Credit Card, here are a few frequently asked questions that you might want to read through:
1. What are the advantages of this credit card?
There are joining and renewal benefits.
There are dining benefits.
There is complimentary access to airport lounges and golf courses.
There is a complimentary Priority Pass Membership.
2. How to maximize the benefits?
Start using the card within ninety days from the date it is issued. You will earn Rs.10,000 worth cashback on MakeMyTrip.
Maintain Rs.20,000 spends every month.
Utilize the card for making foreign transactions.
Use this card for paying dining bills.
3. Is there any welcome gift?
Yes. You will receive a cashback of up to Rs 10,000. However, this is on the initial transaction that you do with MakeMyTrip.
4. What is the reward rate?
The reward rate is 3.3%.
5. When is this card useful?
The card is an excellent option if you are looking for the following:
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I have Axis bank credit card which was applied through Bank directly.I am using this credit card for the past 8 months .This was a chargeable card .The credit limit was really good and it was sufficient .I have got this credit card on time and got all the details about the card process.
I am using ICICI Bank credit card which was directly taken through Bank .I am using this credit card for the past 3 years .I have got a very good credit limit and got all the required information about the card process This was a free card .I have not used and checked cash back offers and reward points .
I am using HDFC Bank credit card which was directly taken through Bank .I am using this credit card for the past 3 years .I have got a good credit limit and got all the relevant information about the card process.I have not checked cash back offers and reward points .I have not used this card much so far.
I have a credit card of Canara bank with life time free benefits, but I am not using it often. The credit limit is sufficient for my transactions, I have been holding this card from 2006 I didn't request for any upgrade on the card because I don't have interets however there is no hidden charges taken from my end.
I came to know about Bank bazaar through Online .This website is really doing a very good service .Customer service is really good and comfortable to me so far .Each and every financial products will be processed in a smooth manner it is really good .I am really satisfied with the service.
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CHEOPS MYCERINUS DCOSTA
Reviewed on Sep 13, 2019
I am using Indusind Bank credit card which was applied through Online .This card is having a very good credit limit and also there are reward points as well cash back offers which is really convenient .There was no difficulties faced so far on using this credit card .I am really satisfied with the service.
I came to know about Bank bazaar through Online .This website is having a better facility to check credit score since it is a free service can check whenever necessary .Whatever the needs it will be fulfilled through this portal .We can get all the information such as loans and credit cards and also update to information will be received when apply for any products.
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TASLEEM SHAKUR SHAIKH
Reviewed on Sep 13, 2019
I am using Indusind Bank credit card which was applied through Online .In this credit card will have offers for Shopping and movie ticket bookings which is really good .I have got this credit card on time .The credit limit was 93,000 and it was really sufficient .There was no drawbacks faced while submitting the documents .
I have downloaded Bankbazaar's mobile application. I get to see my updated credit score through Bankbazaar's mobile application. It's very simple and easy to use. I had come to know about Bankbazaar from an advertisement. Happy with their service.
I received my INDUSIND BANK PLATINUM AURA EDGE MASTER CARD. Credit limit is lower than I expected. I was expecting 1 lakh but they have given only 75 thousand. I had received the card on time and annual fee is free.I am getting reward points and offers.
I have been using Bankbazaar's website for the past 8 to 10 months. I used to check my credit score on Bankbazaar's website. Their customer care executives were very helpful. They had provided clear information when I applied for credit card.
I had applied an Indusind Bank credit card. I received the card on time. There was no problem submitting the documents. I have got sufficient credit limit.I have received the card on time and it is a lifetime free card. Reward points are good.
I am getting more service from Bank Bazaar.com, whenever I approach for any loans, credit card, the service level is satisfactory. The customer representatives are very polite interms of answering my queries. The website is very good to check all information.
My Indusind bank platinum aura card has the shopping benefits without any yearly fee and joining fee. More over the credit limit is sufficient around Rs.75,000 its enough for me and they do have fuel surcharges for petrol filling at selected partners.
I have been using Bankbazaar's website for a while. Their website and mobile application and very user friendly. I have come to now about Bankbazaar.com from the internet. I always check credit score on their website. Customer service was good.
I have received my YES PROSPERITY EDGE from Yes Bank. Credit limit is good and there is no annual fee.Yes bank customer service was good, I had received the card on time. The features of the card are great. I am getting reward points and cashback offer.
From CITI bank I got reward card, best part I could convert the rewards points into cash and if I use this credit card at Indian oil petroleum they give cash back. This card has life time free benefits, they already gave me sufficient limit hence its fine for me.
Past 4 years I have been holding HDFC card, earlier I had rewards titanium credit card very recently I upgraded to Regalia card it has yearly fee. They are providing airport lounge facility with travel discounts at make my trip and goibgo. The customer care executives are very helpful but rate of interest is higher for the late fee.
I appreciate the responsiveness of Bank Bazaar.com, they are more prompt when I approached for the YES Bank card, I got satisfactory service. First time I came the site through internet search then I logged in for the credit card purchase. It would be great if Bank Bazaar provides more offers based on the customer profile.
Reason to select this YES Prosperity card has an option to earn more points based on the spend, they gave me Rs. 35,000 as limit its fine for me. It has life time free benefits but I am not getting any offers at e commerce sites like amazon, flipkart.