Standard Chartered Ultimate Credit Card
Fees
Rs. 5,000 + Taxes
Joining & annual
Reward Rate
5 reward points for every ₹150 spent across all standard categories (3.33% reward yield parity)
Welcome Bonus
Premium welcome benefits up to Rs. 5,000 value pack matching the upfront onboarding fees
Lounge
16 Domestic/yr + 12 International/yr (₹20K Spend)
Our Expert Take
Standard Chartered Ultimate's appeal is a genuinely high flat reward rate, 3.33% back on every rupee spent, without needing to chase category bonuses or spend thresholds. Golf access and a welcome pack that roughly matches the ₹5,000 fee round it out; it's a straightforward card for people who want simplicity over complexity.
Pros & Cons
Key Advantages
- 5 reward points per ₹150 spent, a 3.33% return rate across all categories
- 2% forex markup on international spends
- Complimentary golf games and coaching sessions
- Welcome benefits worth roughly ₹5,000, close to offsetting the joining fee
Limitations
- Strict exclusions applied across key day-to-day categories including fuel and cash advances
- Reward points accrued on card renewal are forfeited if fee payments are processed via promotional EMI conversions
- No automatic ongoing lifestyle milestone benefits provided outside standard tier paths
Key Perks & Spending Milestones
5 reward points accrued for every ₹150 spent on all regular retail purchase parameters (3.33% reward yield parity)
Points fully redeemable for high-tier vouchers and travel merchandise via the Standard Chartered 360° Rewards Portal
Complimentary golf lounge access unlocking a designated number of free golf rounds and instructional coaching slots per month
Reduced foreign currency exchange markup handling fee ceiling locked at 2% for cross-currency international spends
Complimentary domestic and international premium airport lounge terminal access limits
24/7 personal concierge service for bookings, stays, and travel guidance
Spend milestone
Periodic tier benefits, points boosts, and brand voucher credits managed dynamically via the bank's relationship cycles
Fees & Charges
Joining fee
Rs. 5,000 + Taxes
Annual fee
Rs. 5,000 + Taxes
N/A
Interest rate
3.75% per month (45.00% per annum)
Late payment fee
up_to_100: Nil; 101_to_500: Rs. 100; 501_to_1000: Rs. 400; 1001_to_10000: Rs. 750; 10001_to_25000: Rs. 950; 25001_to_50000: Rs. 1,100; above_50000: Rs. 1,300
Insurance & Protection Benefits
Eligibility Criteria
age
21 to 65 years
employment profiles
Premium Salaried and Self-Employed Profiles
Credit score & income
Good to Excellent (750+)
Frequently Asked Questions
What's the reward rate on Standard Chartered Ultimate?
How many lounge visits does this card offer?
Compare Standard Chartered Ultimate Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| Standard Chartered Ultimate Credit Card This Card | Rs. 5,000 + Taxes | 5 reward points for every ₹150 spent across all standard... | 16 Domestic/yr + 12 International/yr (₹20K Spend) | 3.5/5 |
| Tata Neu Infinity SBI Card | ₹1,499 + Taxes | 5% NeuCoins on Tata Neu App/Website + partner brands, up to 10% on... | 2 Domestic/Qtr (₹75K Spend) + 4 Int'l/yr | 4.7/5 |
| American Express Membership Rewards® Credit Card | ₹1,000 + Taxes | 1 Membership Rewards Point per ₹50 spent (excl. fuel, utility,... | No Lounge Access | 4.6/5 |
| IDFC FIRST Business Multiplier Credit Card | ₹2,999 + Taxes | 10 Reward Points per ₹200 spent, up to ₹1 Lakh monthly spend; 5... | 8/yr Domestic + International (₹20K Spend) | 4.6/5 |