I don’t generally suggest SC cards as their reward rates are pretty low than any other cards. However, Standard Chartered Super Value Titanium Credit Card is known mainly for its Fuel cashback benefit which is the whole reason for this article. Its one of the rare Fuel cashback cards around along with other benefits.
- Joining Fee: Rs.499+tax (Waived if you Spend Rs. 30,000 in a year )
- Renewal fee: Annual/Renewal Fee waived if you spend Rs. 60,000 in a year
5% CashBack Categories on Super Value Titanium Card:
You get 5% cashback on below categories:
- Fuel: 2.5% surcharge reversal + 2.5% cash back on the transaction amount
- Telecom Bill Payments
- Utility Bill Payments
Conditions on Cashback:
- Minimum transaction amount for cashback eligibility is INR 750
- Maximum cashback per transaction is INR 100
- Maximum cashback per month is INR 500
Though cash back cap is 500 per month but cash back cap on FUEL is only 200 per month. This is how 500 cap is broken
- 200 – fuel
- 200 – telecom (postpaid mobile / landline bill payments)
- 100 – utility bills
Reward Points on other spends:
- 1 Rewards Points/ Rs.100
- 1 Reward Point = ~0.27 Ps
I calculated the reward point value by finding the value of one of the products in points redemption. They keep changing the point value from time to time (usually reduce).
Features of Super Value Titanium Card:
- CardExpert Rating: 3.5/5
- Reward rate: 0.27% (regular spends) to 5% Cashback
- Complementary Airport lounge access: Nil
- Foreign Exchange Markup fee: 3.5% + Service Tax
Its a very basic card and the cashback conditions put on the card is not worth spending the time on, at-least for me. One of my friend has this card, but never uses it, not even once in past 6 months, so you get the idea 😀
In this range, you can also consider ICICI Coral credit card (mastercard version) which also comes with MasterCard domestic Lounge access and 0.5% value back as Payback points. In response to Standard Chartered, HDFC recently launched two cards as below with similar benefits.
Whats your thoughts on Standard Chartered Super Value Titanium Credit Card? Feel free to share your experiences below.