Standard Chartered Ultimate Credit Card Indepth Review

When it comes to powerful rewards and luxurious facilities, the standard chartered ultimate credit card outranks the most. While the Rs.5,000 annual fee sounds too much for you, it makes a lot of sense when you look at the benefits. It lets you enjoy free access to airport lounges, complimentary golf rounds, valuable rewards with every transaction, an attractive forex rate, etc. More about the benefits of the card are discussed below.

What is the eligibility for standard chartered ultimate credit card?

• Resident Type: Indian
• For salaried person:
  • Age: 21 to 60 years.
  • Income: Above Rs.35,000 monthly
• For self-employed person:
  • Age: 21 to 65 years
  • Income: Above Rs.40,000 monthly
• A credit score of 700+ is required to apply for the card.

What documents are required to apply for a standard chartered credit card?

• Photocopy of Address proof (any 1)
  • Aadhar Card
  • Driving License
  • Passport
  • Utility bills
• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • Passport
  • PAN Card
• Two recent passport-sized photographs
• Proof of income statement:
  • Salaried Person (any 1)
    • Salary Slip of last 3 months
    • ITR (Income Tax Return)
  • Self-employed person
    • Income tax return of the last year
    • Proof of business

What are the standard chartered bank ultimate credit card fees?

• Joining fee: Rs.5,000 + GST
• Annual fee: Rs.5,000 + GST

What are the standard chartered ultimate credit card benefits?

• A huge joining bonus to welcome you:

As you activate your card for the first time and pay the first-year joining fee, you will receive 6000 standard chartered ultimate credit card rewards (worth Rs.6000) as a joining bonus. 

• Make every transaction rewarding:

With every Rs.150 spent with this card, you can earn 5 reward points. 1 standard chartered credit card reward point is equal to Rs.1. You can use these rewards to get a product from the standard chartered ultimate credit card rewards catalogue.

• Add comfort to your travel:

Using this Ultimate credit card you can enjoy free access to over 1000 airport lounges across the globe. Click here for the terms and conditions and the standard chartered ultimate credit card lounge access list.

• Experience attractive deals on duty-free shopping:

Your Standard Chartered Ultimate card offers you 5% cashback on duty-free shopping at 1000+ airport lounges across the globe.

• Enjoy complimentary golf games:

The ultimate standard chartered credit card offers free access to most of the leading golf courses across the country.

• The perfect travel companion for you:

On this ultimate credit card standard chartered bank offers a low forex markup charge of just 2%. Also, this card works on the MasterCard network which makes this card acceptable nearly everywhere.

• Enjoy easy bill splitting:

Your ultimate card allows you to convert your high-value transactions (over Rs.2000) into small monthly installments. This feature is very helpful for frequent shoppers. You can split your bills from your standard chartered ultimate credit card online banking account.

• Advanced security arrangements:

This card is secured with an advanced EMV chip that makes your card nearly impossible to clone. Also, this card is also secured with 3D security, it secures all your online transactions with OTP.

What are the standard chartered ultimate credit card charges?

Particulars	Chargeable amount
Cash withdrawal charge	3% against the withdrawn amount, min Rs.300
Finance charge	Can go up to 3.49% monthly
Foreign currency conversion charge	2% against the transaction amount
Add-on card fee	None

How to contact the standard chartered ultimate credit card customer care department?

• Call the standard chartered customer care number: 1800-345-1000 (Toll-free) / 1800-345-5000 (Toll-free) / 022-6601-4444 or 022-3940-4444
• Write to the Standard chartered customer care mail id: customer.care@sc.com or straight2bank.in@sc.com 

100xGain Ratings: 

7/10

Pros and cons:

Pros	Cons
The rate of earning standard chartered ultimate credit card rewards points is quite impressive. You can enjoy free access to international airport lounges. This card also offers you some complimentary golf rounds.	You will not get any dining or entertainment benefits from this card.

Final Opinion:

If you are looking for a premium-quality credit card then the Standard Chartered Ultimate Credit Card would be a good option for you. You can enjoy free access to international airport lounges, complimentary golf rounds at premium golf courses, powerful rewards with every transaction, and lots more. 

However, if you are looking for benefits like discounts on dining, or free movie tickets, then this card has nothing for you. In this case, you should definitely take a look at our best entertainment credit cards page. 

Alternative Cards:

1. Axis Bank Neo Credit Card (Best for cash back, dining, and movie benefits)
2. HDFC Times Titanium Credit Card (Best for reward points, movie, and shopping benefits)
3. Intermiles ICICI Bank Sapphiro Credit Card (Best for reward points, lounge, and movie benefits)

FAQs:

• What is fuel surcharge on Standard Chartered Ultimate credit card?

A 1% fuel surcharge is applicable on all fuel transactions made using the standard chartered ultimate credit card.

• What are the international transaction charges for Standard Chartered Ultimate credit card?

A 2% international transaction charge is applicable on all international transactions made using the Standard Chartered Ultimate card.

• Does Standard Chartered credit card has lounge access?

Yes, with the ultimate credit card standard chartered bank offers a complimentary international lounge access facility.

• What is the minimum age for Standard Chartered credit card?

The minimum age required for a Standard Chartered credit card is 21 years.

• Can I use my Standard Chartered card abroad?

Yes, you can use your Standard Chartered credit card for international transactions. However, a 2% to 3.5% forex charge will be applicable on your international transactions.

• What is the salary of Standard Chartered credit card?

A minimum salary of Rs.25,000 per month is required to get a Standard Chartered credit card.

• How can I increase my Standard Chartered credit card limit?

If you want to increase your Standard Chartered credit card limit, you just have to visit your nearby Standard Chartered bank and submit your limit increase application there. If you have a good credit history, then there is a good chance that your application will get accepted.

• Can I withdraw money from SCB credit card?

Yes, you can use your SCB credit card just like a regular debit card to make cash withdrawals. Although cash withdrawal using a credit card is not free, you should learn about the applicable charges before making a withdrawal.

• Can I use Standard Chartered credit card in ATM?

You can use your Standard Chartered credit card in an ATM just like a regular debit/ATM card. 

Disclaimer: I am not a certified financial adviser and this is not financial advice. The purpose of this article is to inform you about financial products and strategies. Consult your financial advisor before making any financial decisions.