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Standard Chartered Bank

Standard Chartered Ultimate Credit Card

4.6

PremiumLounge access

How this card earns

Reward rates by category, with caps and an estimated yearly value.

Spend category	Reward rate	Monthly cap	Est. value/yr
Everything else 5% cashback on duty-free spends, capped at Rs 1,000 per statement cycle	5%	—	₹6,000
All other spends	3.33%	—	₹3,996

Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.

Joining fee₹5,000

Annual fee₹5,000

Foreign currency markup2%

Finance charge (p.a.)45%

Fuel surcharge waiver1%, up to ₹1,000/mo

Airport lounge access — 4/quarter domestic, 12/year international (International: 1 Priority Pass visit per month, requires spend of Rs 20,000+ in the previous calendar month)
5 reward points per Rs 150 spent (1 point = Rs 1, approx 3.33% value-back) across all spends
5% cashback on duty-free spends (up to Rs 1,000 per statement cycle)
Complimentary golf: 1 game and 1 coaching session per month at premier courses
1% fuel surcharge waiver (capped Rs 1,000/month)
Overseas air accident cover up to Rs 1 crore
Overseas medical insurance up to USD 25,000
Lifetime-free supplementary cards

+Flat 3.33% value-back on all spends with no category restrictions
+Joining-fee-offsetting 6,000-point welcome bonus
+Strong travel package: 4 domestic lounge visits/quarter, Priority Pass, golf, low 2% forex markup

−International lounge access is gated behind Rs 20,000 prior-month spend
−Rewards redeem mainly as shopping vouchers (1 point = Rs 1), limiting flexibility
−No spend-based annual fee waiver