If you are looking for a prestigious credit card in India then without a doubt, your first choice should be Standard Chartered Ultimate credit card. This card is designed for high spenders and as you can guess you will have plenty of benefits. In the same manner, if you have a poor credit history or average income then it is quite difficult to be approved for this card. However, once you approved for this card, you can benefit from numerous advantages in shopping and leisure expenses. It will be also worth to note that the prestige of this card is costly as well.
Advantages of Standard Chartered Ultimate Card
Amazing Welcome Gift
You will receive 10,000 Rupees cashback on MakeMyTrip for your booking within the first 90 days after the approval.
5% Cashback on Duty-Free
You can benefit from a 5% cashback opportunity for your purchases at duty-free stores.
Domestic Lounge Access
Standard Chartered Ultimate credit card holders can benefit from the domestic lounge once a month.
25% Discount on Dining
Holders can benefit from discounts of up to 25% at top-class restaurants in India.
Free Golf Games
If you have this credit card, you can enjoy free golfing twice a month without the need for any payment.
Generous Reward Points
Regardless of the category, you are going to receive 5 reward points for every 150 Rupees transactions.
Disadvantages of Standard Chartered Ultimate Card
The annual fee of Standard Chartered Ultimate credit card is significantly high when compared to the other credit cards in India. You will have to pay 5000 Rupees per year.
No International Lounge Access
Although you can use the domestic lounge, you will not be able to benefit from the international lounge in Indian airports.
No Annual Waiver
Card holders must pay the annual fee and no opportunity or promotion offered to be exempt from this fee.
Standard Chartered Ultimate Credit Card FAQs
Although all the card advantages are designed for businessmen, anyone can apply for the card. However, it will be worth to note that the card is designed for high spenders and you need to have a high-income salary in order to be approved.
Of course, the Standard Chartered Ultimate credit card offers 2% foreign currency markup. This makes the card quite beneficial for those who often use their cards in foreign countries. Thus, it can help you to save 2% in your foreign transactions as well.