Standard Chartered Ultimate is a premium credit card that provides a 3.33% value-back across multiple spending categories, making it comparable to top-tier cards like HDFC Diners Club Black and HDFC Infinia. The card offers strong travel benefits, including 5% cashback on duty-free purchases and a low foreign exchange markup of 2%. Golf enthusiasts can enjoy up to 12 complimentary rounds annually at premier golf courses in India.
While lounge access is limited to 12 free visits per year and is spend-based, the card’s core rewards program is robust. It covers a wide range of spends, including utilities, insurance, and education—categories often excluded by other premium cards. Lifestyle benefits such as dining and entertainment are present but limited.
Standard Chartered Ultimate Credit Card Rewards Program
Rewards Program
Earn 5 reward points for every Rs. 150 spent on general purchases.
Earn 3 reward points for every Rs. 150 spent on utilities, supermarkets, insurance, property management, schools, and government payments.
1 reward point = Rs. 1, redeemable via Standard Chartered Bank’s 360° Rewards portal for products and vouchers.
Other Features and Benefits
Welcome & Renewal Benefit
6,000 bonus reward points worth Rs. 6,000 on card activation
5,000 bonus reward points on card renewal
Low Forex Mark-up
Foreign currency mark-up fee of 2% on international spends
Cashback
5% cashback on duty-free spends (up to Rs. 1,000 per statement cycle)
Lounge Access Benefits
Complimentary Priority Pass membership worth $99
1 free lounge visit per month on spending Rs. 20,000 in the previous billing cycle
4 complimentary domestic airport lounges per quarter
Golf Benefits
1 complimentary golf game per month at premier golf courses in India
Insurance
Air travel accident coverage up to Rs. 1 Crore
Medical insurance worth $25,000
Fees and Charges
Fee Type
Amount
Annual Fee
Rs. 5,000 + Taxes
Renewal Fee
Rs. 5,000 + Taxes
Finance Charges
3.75% per month| 45.00% per annum
Late Payment Charges
For Statement Balance:
Amount
Up to Rs. 100
Nil
Rs. 101 to Rs. 500
Rs. 100
Rs. 501 to Rs. 5,000
Rs. 500
Rs. 5,001 to Rs. 15,000
Rs. 700
Rs. 15,001 to Rs. 25,000
Rs. 800
Above Rs. 25,000
Rs. 1,200
Things to Know Before you apply
Get this card if:
You want strong rewards across all spends without paying a high annual fee
You play golf occasionally and value complimentary access to premier golf courses
You already have a card that provides lounge access benefits
You want to save on utilities, insurance, and other essential payments
Eligibility Criteria
Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history
Document Required For Standard Chartered Ultimate Credit Card
Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
Proof of Address: Aadhaar Card, Driver’s License, Passport
Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Standard Chartered Ultimate Credit Card Hilights
What do we like about this card?
5 reward points for every Rs. 150 spent; 3 reward points for Rs. 150 on utilities, supermarkets, insurance, property management, schools & government payments
1 reward point = Rs. 1, redeemable via Standard Chartered 360° Rewards portal
5% cashback on duty-free purchases (up to Rs. 1,000 per statement cycle)
Lounge access: 1 free visit per month (on Rs. 20,000 spends), 4 complimentary domestic lounge visits per quarter, Priority Pass membership worth $99
Golf benefits: 1 complimentary golf game per month at premier golf courses in India
Pros
3.33% reward rate across all spends, including insurance and utilities
1:1 rewards redemption ratio
12 complimentary golf games annually at premier golf courses in India
Welcome benefit offsets joining fee
Low forex mark-up of 2% on international spends
Cons
Lounge access is conditional on spending
Cashback earnings have caps
Lifestyle benefits are limited
Standard Chartered Bank Credit Card Contact Details
Contact Address: Standard Chartered Bank, Crescenzo Building, C-38/39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India
Simply SMS: SMS CARD to 9980033333 for card details or application
Frequently Asked Questions
Everything you need to know about this credit card
You earn 5 reward points for every Rs. 150 spent on general spends and 3 reward points for every Rs. 150 spent on utilities, supermarkets, insurance, property management, schools, and government payments.
Reward points can be redeemed via Standard Chartered 360° Rewards portal against products, vouchers, and other offers. 1 reward point = Rs. 1.
You get 6,000 bonus reward points on card activation and 5,000 bonus reward points on card renewal.
The card charges a low foreign currency mark-up of 2% on international spends.
You get 1 complimentary lounge visit per month on spending Rs. 20,000 in the previous billing cycle, 4 complimentary domestic lounge visits per quarter, and Priority Pass membership worth $99.
The card provides air travel accident coverage up to Rs. 1 Crore and medical insurance coverage worth $25,000.
Yes, 5% cashback on duty-free purchases is available, capped at Rs. 1,000 per statement cycle.
How Can I Apply for a Credit Card Online?
✔Step 1: Enter your mobile number in the application form
✔Step 2: Provide your personal details
✔Step 3: Enter OTP to verify your mobile number
✔Step 4: Select the credit card
✔Step 5: Compare offers and apply for the best-suited credit card
Standard Chartered
Airport Lounge Access
Reward Points
Travel
