Standard Chartered Ultimate Credit Card
Best for high flat reward rate on all spends. 5 reward points per Rs 150; 3 points per Rs 150 on utilities, supermarkets, insurance, property mgmt, schools, government; 1 point = Rs 1 on 360 Rewards; 5% cashback on duty-free
Terms as of 2026-09-28 · Checked 28 September 2026Standard Chartered Ultimate Credit Card at a glance
Who it suits: High flat reward rate on all spends
Rewards & cashback
| Details | |
|---|---|
| How you earn | 5 reward points per Rs 150; 3 points per Rs 150 on utilities, supermarkets, insurance, property mgmt, schools, government; 1 point = Rs 1 on 360 Rewards; 5% cashback on duty-free |
| Caps & exclusions | No points on fuel |
| Welcome benefit | 6,000 reward points on activation (paisabazaar) |
Yearly reward value at base rate
| Spend | Rewards (base rate) | Net of annual fee + GST |
|---|---|---|
| ₹1,20,000 / year | ₹3,996 | -₹1,904 |
| ₹3,00,000 / year | ₹9,990 | ₹4,090 |
| ₹6,00,000 / year | ₹19,980 | ₹14,080 |
| ₹12,00,000 / year | ₹39,960 | ₹34,060 |
Base rate only; accelerated categories raise the value, caps and excluded categories (rent, fuel, wallet, utilities etc. on many cards) lower it.
Travel, lounge & fuel benefits
| Benefit | Details |
|---|---|
| Airport lounge | 4 domestic lounge visits/quarter; 1 international (Priority Pass) per month on Rs 20,000 monthly spend |
| Fuel surcharge | 1% waiver, max Rs 1,000/month |
| Forex markup | 2.00% + 18% GST on the markup |
Fees & charges
| Charge | Amount |
|---|---|
| Joining fee | ₹5,000 + GST |
| Annual / renewal fee | ₹5,000 + GST |
| Fee waiver | — |
| Finance charge | Typically about 3.5%–3.75% per month on revolved balances (lower on some premium and secured cards) — see MITC |
| Cash withdrawal | Usually 2.5% (min ₹500) + interest from day one |
| Late payment | Slab-based, only if unpaid more than 3 days past due |
| GST | 18% on all fees and interest |
Is it worth it for you?
Eligibility & documents
| Criterion | Details |
|---|---|
| Income / criteria | Age 21-65, stable income, resident of sourcing cities |
| Age | 18/21-65 (card-specific) |
| Credit score | 750+ improves approval chances |
Similar cards
| Card | Issuer | Joining / annual fee | Reward rate | Best for |
|---|---|---|---|---|
| HDFC Bank Diners Club Black Metal Edition | HDFC Bank | ₹10,000 / ₹10,000 | 3.33% base value | High spenders wanting uncapped-lounge premium card below Infinia |
| HDFC Bank Infinia Credit Card Metal Edition | HDFC Bank | ₹12,500 / ₹12,500 | 3.33% base value | Super-premium, high-spend travellers (invite-only) |
| Standard Chartered Beyond | Standard Chartered | ₹15,000 / ₹25,000 | 3.33% base value | Affluent Priority Banking clients |
| ICICI Bank Emeralde Private Metal | ICICI Bank | ₹12,499 / ₹12,499 | 3.00% base value | Super-premium spenders wanting unlimited lounges and hotel memberships |
| HSBC Premier | HSBC India | ₹12,000 / ₹20,000 | 3.00% base value | HSBC Premier banking customers |
| Kotak Solitaire | Kotak Mahindra Bank | Free / ₹25,000 | 3.00% base value | Affluent Kotak Solitaire customers who travel abroad (zero forex) |
Frequently asked questions
What is the annual fee of the Standard Chartered Ultimate Credit Card?
Joining fee ₹5,000 and annual fee ₹5,000 (plus 18% GST).
What rewards does it offer?
5 reward points per Rs 150; 3 points per Rs 150 on utilities, supermarkets, insurance, property mgmt, schools, government; 1 point = Rs 1 on 360 Rewards; 5% cashback on duty-free Caps/exclusions: No points on fuel
Does it give airport lounge access?
4 domestic lounge visits/quarter; 1 international (Priority Pass) per month on Rs 20,000 monthly spend
What is the forex markup?
2.00% on international transactions, plus 18% GST on the markup. On ₹1 lakh spent abroad that is about ₹2,360.
Who is eligible?
Age 21-65, stable income, resident of sourcing cities. A CIBIL score of 750+ improves approval chances.
Is the Standard Chartered Ultimate Credit Card good for me?
Best for: High flat reward rate on all spends. Compare the net value after fees with how and where you actually spend — the calculator on this page helps.
Source: www.sc.bank.in, 2026-09-28. Card benefits change frequently — confirm the latest Most Important Terms & Conditions (MITC) on Standard Chartered’s website before applying. FinancePortal is not affiliated with the issuer.