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.
The card offers the highest rewards in the Indian credit cards, 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.
|Joining fee for add-on card||Nil|
|Annual fee for add-on card||Nil|
|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||Rs.99|
|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|
|Interest rate||3.1% for each month (37.2% per year)|
Yes. You will receive a cashback of up to Rs 10,000. However, this is on the initial transaction that you do with MakeMyTrip.
The reward rate is 3.3%.
The card is an excellent option if you are looking for the following:
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