Standard Chartered Ultimate Credit Card on Insurance premiums
Yes, but only its standard rate: the Standard Chartered Ultimate Credit Card gives 2% back on Insurance premiums, the same as most other spends.
On Insurance premiums
2%
Other spends
3.33%
Rank for Insurance premiums
#6 of 149
Annual fee
Rs. 5,000 + Taxes
What to know before you pay on Insurance premiums
How it works
3.33% everywhere: 5 points per ₹150, and Standard Chartered values Ultimate points at ₹1 each. 5% cashback at airport duty-free.
Caps & rules
- 5 reward points per ₹150 on spends; 1 reward point = ₹1 on the Standard Chartered 360° Rewards catalogue.
- 5% cashback at duty-free stores (₹1,000, twice a year).
- 2% forex markup.
- ₹5,000 fee, with 6,000 points on paying it.
- 1% fee on rent payments.
No rewards on
Cash withdrawals; check SC's terms for other exclusions
Checked 2026-10-11 · Bank terms
Cards that earn more on Insurance premiums
-
#1
PhonePe SBI Card SELECT BLACK
SBI Card · ₹1,499 + Taxes · Max ₹500 a month
10%
Apply now -
#2
HDFC Infinia Credit Card Metal Edition
HDFC Bank · ₹12,500 + Taxes
3.33%
Apply now -
#3
HDFC Diners Club Black
HDFC Bank · ₹10,000 + Taxes
3.33%
Apply now
Where else the Standard Chartered Ultimate Credit Card earns more
Questions
Does the Standard Chartered Ultimate Credit Card give rewards on Insurance premiums?
Yes, but only its standard rate: the Standard Chartered Ultimate Credit Card gives 2% back on Insurance premiums, the same as most other spends.
Is there a limit on Standard Chartered Ultimate Credit Card rewards?
5 reward points per ₹150 on spends; 1 reward point = ₹1 on the Standard Chartered 360° Rewards catalogue. 5% cashback at duty-free stores (₹1,000, twice a year). 2% forex markup. ₹5,000 fee, with 6,000 points on paying it. 1% fee on rent payments.
Which credit card is best for Insurance premiums?
PhonePe SBI Card SELECT BLACK is the best pick for regular spending on Insurance premiums, with 10% back. The Standard Chartered Ultimate Credit Card ranks #6 of 149 cards we compared, by what each returns after caps.