Standard Chartered Ultimate Credit Card Review
Author And Publisher: Gyro 3.oStandard Chartered Ultimate Credit Card
Financial Expert Advice
Choose Your First (or Next) Credit Card Wisely
Maintain Two Credit Cards: One For Routine Expenses And Auto-Debits, And Another Reserved For Emergencies. Avoid Pursuing Rewards; Prioritize Financial Stability And Discipline.
Standard Chartered Ultimate Credit Card Review: Premium Golf, Global Lounge Access, and Travel Rewards for Affluent Professionals
introduction
The Standard Chartered Ultimate Credit Card targets high-net-worth Indian professionals and frequent international travelers with premium metal perks like 4 complimentary golf rounds yearly, unlimited Priority Pass lounge access, 2% forex markup, and 5X rewards earning up to ₹1/point value. Despite the ₹5,000 annual fee, it delivers strong value—golf worth ₹20,000, lounges at ₹17,600—for those spending ₹50 lakh+ annually on global lifestyle and business travel.
key features and benefits
Welcome Benefits
6,000 Welcome Reward Points On joining fee payment; valued at ₹6,000 .
Reward Structure
- Ultimate Rewards; Earn 5 reward points per INR 150 spent and get maximum benefit with 1 reward point equal to INR 1.
Golf Benefit
Get complimentary access to premier golf courses in the country.
Airport Lounge Access
- 4 complimentary access per calendar quarter on domestic Lounges in India.
- 1 complimentary access per month at international lounges outside India (with Priority Pass) subject to spends of INR 20,000 on your Ultimate Credit Card in the previous month.
Insurance perks
- complimentary overseas air accident cover of INR 1 Crore.
- medical insurance worth USD 25,000.
Travel Perks
- 5% cashback on duty free spends and access to over 1000 airport lounges across the world.
Additional Benefits
Extend the credit card benefits to up to 2 family members. Spread the joy with them!
Use contactless credit card & enjoy complete freedom cash transaction with faster checkouts & secure payments.
Enjoy enhanced security for online transactions on your credit card through 3D secure OTP Verification
Avail wide range of instant payment solutions like BharatQR, Bharat Bill Payment Solution (BBPS) & Samsung Secure Pay.
With Kuch bhi on EMI option, convert your big spends above ₹ 2,000 to easy EMI through online banking or SC Mobile. Get attractive pricing & flexible tenure options.
Get loan up to ₹ 5,00,000 on your credit card with flexible tenure from 12 to 60 months.
Transfer card balance from other bank credit cards up to ₹ 5,00,000 at attractive interest rate.
Card Essential
Practical Considerations
Fees & Charges Summary
- annual fee: ₹5000 + GST.
- Joining fee: ₹5000 + GST.
- forex: 2% + taxes.
- interest: 3.75% per month (45% p.a).
Applicant's age should be between 18 and 65 years; minimum age for add-on cardholder is 18 years.
Applicants should have a stable monthly income.
Applicants should belong to the bank's credit card sourcing cities/locations.
All applications are subject to the bank's credit and other policy checks.
Identity proof: Any one photo ID (Passport, Voter ID, Govt ID, etc.); PAN Card required.
Address proof: Any one with current address (Aadhaar, Passport, Driving License, Voter ID.
1 recent passport-sized photograph.
Salaried: Latest one-month salary slip.
Self-employed businessmen: Latest IT returns with income computation/certified financials.
Self-employed professionals: Latest IT returns; business continuity proof.
Redemption Options
360° Rewards Portal & Direct Statement Credit
Redemption Platform: Via SC's 360° Rewards website or direct statement credit request.
Redemption Value: 1 Reward Point = ₹1 (fixed conversion across all redemption categories).
Accumulate 5,000+ Points: Batch your redemptions to reduce administrative requests and avoid processing delays.
Prioritize Travel Redemptions: Use points for travel vouchers, which typically offer higher value than statement credits.
Leverage International Bookings: Redeem accumulated points for international flights or hotels to maximize value realization.
Use Statement Credit as Fallback: Opt for direct bill credits at ₹1 per point when no appealing catalog options are available.
Redeem Without Expiry Pressure: Since points never expire, accumulate them strategically and redeem when most beneficial.
Ideal User Profile
Frequent international and domestic travelers (quarterly+ trips).
Golf enthusiasts or luxury lifestyle prioritizers.
Financially disciplined (pay balances in full; never carry revolving credit).
CDMS EXPERT ADVICE
Premium cards like the Standard Chartered Ultimate work best only when used with strict repayment discipline. Treat the high annual fee and 45% p.a. interest as serious risks, not just fine print. For help managing multiple premium cards, consolidating dues, and avoiding rollover interest, consider a structured bill support plan with cashon.cards.
This review offers a clear and balanced overview of The Standard Chartered Ultimate Credit Card’s strengths and limitations, helping readers make an informed choice about whether this card fits their
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