Below content is outdated, kindly refer o the latest review here: Standard Chartered Ultimate Credit Card Review
Standard Chartered Credit cards are recently known for its high approval rate in the industry, but that comes with a downside. Most SC credit card holders i know have very low credit limit, for ex: my friend has 2 SC cards with shared limit of Rs.20k for past 3 years!!
Whatsoever, SC has finally decided to bet on high Annual fee Premium Credit card for HNI & affluent segment with a really catchy design & reward rate. Standard Chartered India on Sep 15th, 2017 launched its “Ultimate” credit card that works on Visa Infinite platform.
- Joining/Renewal Fee: Rs.5000+GST
- Welcome Bonus: Rs.10,000 Cashback
- Renewal Benefits: 5000 Points (Value: Rs.5,000)
- Eligibility: ITR 24L p.a / Existing SC CC limit of Rs.5 Lakhs
I would love to get this card just for its stunning looks. Won’t you?! I hope it looks same as we see on image and not disappoint like Yesbank credit cards. Well, lets dive into the actual benefits.
Table of Contents
Welcome Bonus
- Rs.10,000 Cashback – on spending at MakeMyTrip(MMT) Hotels
- This Offer is valid only for the first transaction on MMT.
- The cashback amount will be the transaction amount (or) Rs 10,000 whichever is lower.
- Fulfilment: 60 days from the date of travel/stay.
To avail the Rs.10,000 Cashback, you need to spend Rs.10,000 or more on Makemytrip, on hotels/flights category.
Tip: You can make best use of it when you spend on international hotels or maybe to book high end hotels in India that costs to this level.
Caution: Ensure that till your first stay is completed & cashback credited to your ac, don’t make any transaction in MMT as it will land you in the trouble. Refer Comment
Reward Points
- 5 reward points on every INR 150 spent (1 Reward Point = Rs.1)
- Reward Rate: 3.3%
That means this card stands in par with HDFC Infinia & HDFC Diners Black. Infact, its better than those two, considering SC has ability to redeem for gift vouchers, including but not limited to Amazon Gift cards (temporary benefit).
Airport Lounge Access
- Domestic: Via Visa infinite – 4 Visits/Qtr
- International: Via Priority Pass – 1 Visit/Month (both primary & Add-on Cardholder)
- Qualifying criteria for Complimentary PP Visits: Rs 20,000 spend in the previous month on the respective credit card.
The concept of spend based complimentary visits on Priority Pass is really a great idea that SC follows. But i would rather wish if they had put it as “yearly” spend with yearly complimentary visits. Limiting to 1/month on such a premium card doesn’t look good.
Other Benefits
- Dine-out Offer: Up to 25% discount* at top 250 restaurants in India
- Hilton Honors Gold status with 4-nights stay / Fast-track
- 2 complimentary Golf games per month & more
- 5% Cashback on duty free spends (not clear)
- Discounts on yQ (Meet & Assist), Hertz & Avis
- All other Visa Infinite Privileges
Dineout Offer & Hilton Benefit seems to be a good one. Everything else just seems to be added just to mention a “benefit” and less of a value. You can also avail Bookmyshow Visa Infinite Program Offer.
How to Get?
You can get SC Ultimate credit card card on card basis, based on your existing credit card from other bank with a minimum available credit limit of 5 Lakhs on it.
Bottom Line
As most premium credit cards are designed for travellers, this falls in same category too. Its a go-to card if you can spend on MMT Hotels, so you can get maximum value out of it. Even if you don’t, you can get good returns due to high reward rate across all spends.
While some benefits are not clear, we might know more in detail in coming days. I’ll keep this article updated as and when i know more. Do follow CardExpert Facebook Fanpage to be notified of any further updates on SC’s Ultimate Credit card.
Whats your take on Standard Chartered’s new Ultimate Credit Card – Like or Dislike? Do share your thoughts in comments below.
Thanks to Shrey for spotting it!
Related Posts
1,223 thoughts on “Standard Chartered Ultimate Credit Card [Old Review]”
I hope they give it under LTF offer or annual fee reversal offer. Then it can be a perfect secondary or infact the main credit card to use.
I have a offer for SC infinite card under LTF, but dont find it to be that good in terms of features.
They may reverse annual fee based on spend but considering its reward rate, LTF might be impossible.
Siddharth, I heard that Diners black card could be offered LTF for some select accounts. If that’s true and given DCB has a similar reward rate (or even better) as this card, wish SC ultimate is offered LTF for select accounts.
I am having DCB ,Yes First Exclusive and Amex Platinum Travel card as LTF
I have SC Ultimate card but its a paid variant and I never heard anyone having this card LTF
Hey Mouli,
These is an amazing collection of cards to hold. DCB you might have been able to get LTF because of the banking relationship with HDFC and through your RM. But really curious to know how did you manage to get Amex Platinum Travel as LTF? 🙂
Wow.. Pls share the tricks & tips here Mouli
For me even with high TRV have not been able to get DCB LTF.
How do you get the Amex platinum as ltf that’s long term free?
Pls explain thanks
Renewal fee is not an issue as you get 5000 points for ₹ 5000 that you pay as renewal fee. GST on fee is of course extra.
Renewal benefit Added – 5k Points.
Dear Siddharth,
By renewal do you mean annual renewal or new card post expiry of its validity. I have been charged renewal fee this billing cycle, however equivalent reward points have not been credited.
Thanks.
When do we get the renewal benefit? The annual fees was billed in my last statement. I still haven’t got the renewal benefit?
Congratulaions !!!! Since you have the LTF for infinite, you will get this card for LTF . refer sc website the FAQ section under this card.
I need to have 3L in my existing Manhattan card, which is unfortunately 72K less. And even though I may not get LTF.
The Ultimate card is not LTF, you just have an option to upgrade, thats all.
I Was able to get this card based on my HDFC regalia credit card. (I had surrendered my Manhattan because of less benefits). Anyways, the only set of questions and answer are as follows:
Q. What all credit cards and since when do you own?
A: HDFC Regalia (6.5 yrs), Amex Gold (4 years).
Q. What is the credit limit on your card.
A: HDFC (7+ L), and Amex is the charge card, so no limit.
Q. How much of the credit card limit have you used.
A: 10-15% this month. (And I had to submit the bill)
That is all, no other question asked, and the card was delivered to me within 4 days.
Did you get it as LTF?
As per conversion with SC CC team
If you have a higher limit card and you are a salaried person and your company is listed in the SC Bank list then you get this card.
Dine out offer does not cover even chennai. And 5k renewal fee seems high with no renewal points or benefits! i don’t know if anyone can reap benefits beyond the renewal fee !
Indeed, no one is going to pay 5k renewal fee, for nothing.
Their retention team should help for renewal, hopefully 🙂
Their retention team is good. Perhaps the best after AmEx. I wanted to close all 3 SC cards that I have. First they coverted the Manhattan card to LTF. Then, they credited 1500 RP to two cards and 500 cash back on the other card.
Sounds good!
Even a quick mail seem to help on reversal of charges when something goes wrong.
Hilton Honors odder is a Visa Infinite offer that’s available on their free Infinite card as well. It is 4 nights or 2 stays to Gold. So it’s actually just 2 nights in different hotels, on non-consecutive dates, for the frugal. 🙂 The offer works, I got it on my DBS Treasures Visa Infinite debit card.
I don’t get this card. My Emirates card gives 2 PP visits on 10K spends in previous month. It has same 5% duty free offer, has more lounge accesses and Golf games. If I use for Business Class, Emirates gives 6% returns, 7.5% if used for First class upgrades. Emirates also has double dip offer with both Hilton and SPG.
For all intents and purposes, the way to get best value out of SC is still to get a high limit Emirates card and get a free Priority Infinite card as add-on (shared limit) to get Visa Infinite offers. Unless there is an MMT trip coming up, and you’ve never used MMT before.
You seem to be the Stan C. expert around 🙂
That’s all true. This card works only for travellers. I personally could make use of it only on Intl. hotel booking as domestic hotels are way cheaper when booked 1 at a time.
SC could have done it better!
Btw, can you please share more about the “double dip offer with both Hilton and SPG.” ?
For every dollar you spend in Hilton and SPG hotels, you earn an Emirates mile too. So for people who prefer these hotel chains and have an Emirates card, would be earning as much as 9 miles/150 rupees spent at these hotels, in addition to their hotel points.
That’s around 10% value back as Emirates business class upgrades, in addition to hotel points which they will be earning just like usual.
Sounds good. Thanks for that!
How you got DBS Treasures card ? I am holding DBS Platinum card
You need an NRV of 20L and above to qualify for DBS Treasures. They also have an option of Treasures account at 5L NRV now, but that’s not really the same thing, as you don’t get any existing Treasures benefit, including Visa Infinite card.
I think DBS (along with Deutsche) offers pretty good private banking services for 20L NRV, which is very low for what they offer. Citi and HSBC require minimums of 75L and 40L respectively for access to same class of wealth managers.
Can you please advise, if the skyward miles earned with the Emirates card have any expiry?
Yes, unlike some programs, Skywards doesn’t have any special treatment for card-earned miles. They expire in usual 3 years.
Hi Amex Guy,
I have been offered one of the below cards for no Annual Fee
1)Standard Chartered Ultimate
2) Standard Chartered Emirates World
3) Priority Banking Visa Infinite
Which one would you recommend? I currently have an Amex Gold and will get one of HDFC Infinia or Yesbank First Exclusive.
Hi Q
You should easily go ahead with Ultimate if your spends are not travel centric (emirates & hotels- if they are then, as Amex guy mentioned go for Emirates world card). Else 3.3% rewards redeemable in Amazon is too good to pass as Amazon Pay is soon aiming to grow into PAYTM type app (as good as cash with cashbacks).
Btw how did you get them to offer it to you LTF? High Bank Balances?
Do let us know.
Amazon Vouchers & MMT INR 5000 Open e voucher are already missing from the list.
Amazon voucher is not there?
Hi Amex Guy
What is the reward rate on this emirates card for other spends in India like utilities, travel (on OTAs) and other categories?
Which SCB / Citi / any other card is best? And why? Do they ever waive joining & annual fees?
Thanks in advance.
Hi Amex Guy,
I actually don’t understand how are you arriving at 6% returns from Emirates business class flight.
I was just checking flight ticket price of business class flight from Chennai to Dubai (Return journey).
Actual flight ticket price is 1,30,000
Base fare is 70,000 +
Carrier imposed charges and Taxes come up to 60000.
As far as I have read in their websites, carrier imposed charges and taxes need to be borne by the passenger.
In such case, 75000 skyward miles required for redemption is equal to 70000 rupees which will make the value less than 1 rupee.
Even the earn rate is 4 skyward miles is which is approximately 2.33% reward rate considering above scenario.
Please correct me if I am wrong.
How did you connect the credit card to emirates accoutn?
A minimum credit limit of INR 300,000 on existing SCB card required for upgrade to Ultimate.
where did you this info? I have Landmarks Card, Super Value Card and Infinite Card.. I don’t know which one to upgrade now.. Sid any help ?
If its me, I would replace landmark card.
Btw, 2L-3L is the range for their infinite/Ultimate card usually.
Isn’t it in that range on your infinite card?
I have around 4L shared limit.
For existing customers, while applying online, you get a drop down Menu. Choose the Ultimate card and you will find the eligibility criteria there
That link was not there when the article was posted. I see all their pages is finally updated with shining ultimate card.
Guys beware of their complementary golf benefit. Their concierge desk will charge you Rs. 500+ as a convenience fee for booking a game. So, it’s not complementary exactly. Such is not the case with other cards like diners black where there is no such convenience fee. The support team at standard chartered Bank didn’t know abt this and after checking this for 4 days, they came back defensively saying that yes convenience fee is charged and it was mentioned in the terms and conditions.
Renewal Benefit is 5000 points that compensate charges…Taxes we pay extra but @ 3.3% reward rate it’s worth I think…
Yep, they added the renewal benefit now. Well worth it!
On talking to the customer service team, they mentioned that even for joining fee of 5000, we get 5000 points. So it seems like a pretty good offer (5000 points + 10,000 makemytrip offer).
Can someone else also confirm?
I doubt on that. Call them again and verify, or request to talk to supervisor 🙂
You are right, they are now saying makemytrip benefit only whereas I was told earlier it was with 5000 reward points on joining as well. My bad!!
Looks like they will replace my free infinite card instead of other card if i choose to upgrade. As in the FAQ they have mentioned this.
I am already on the free version of the Visa Infinite card- can I upgrade to the paid version?
Yes, you can, please call Phone Banking for the same.
I have 6.8L on my existing SC VISA INFINITE Card, i asked them for upgrade today and Card will be coming soon. I check with MMT offer, we don’t need to spend 10K on MMT inorder to get the 10K Cash back, no minimum value required.
Regarding joining fee, as it’s new Card, customer representatives also doesn’t have full details, they may reverse some part of it after the first statement …. but not sure …. may be possible !!!
Good part of it is, they convery existing rewards to 3:1 to Ultimate rewards, which seems more value rather redeem for AMAZON gift vouchers.
Yes, You can spend less, but you get most value only on spending 10k
Dear Siddarth
I am a great fan of Cardexpert.in.. It become habitual to me that i have a one definite visit to this site before sleep as well as morning wake up. Thank you so much to keep us excited and be updated always.
I am having Manhattan since 5 years having limit 2.6L. My monthly salary is 116k. I talked to customer today for upgrading to Ultimate. They were unable to offer me the up-gradation and quoting the minimum criteria for Ultimate is 3L on the card and 24L salary per annum.
Your suggestion please…
Ask for limit enhancement first so you will jump to 3L+ limit. Then ask for upgrade 🙂
Thanks for your kind words. Do visit again!
Actually with SC you can ask for enhancement in process of applying an add-on variant. Just tick “consider limit enhancement” option on Ultimate add-on app. 2.6 to 3L seems like an easy upgrade.
same here
Siddarth,
INR 10000 cashback is for both Travel and Stay booking on MMT. Confirmed with the CC.
But they’ve clearly excluded most “tarvel” categories in conditions.
Hi Siddharth,
The offer mentions:
“The Offer is valid on hotel bookings only for a period of 1 year from the date of booking.
This Offer is not valid on bus, railways, cabs and holiday bookings.”
To my mind, it effectively means that while you cannot book bus, railways, cabs and holiday on MMT for cashback, you can book flights or hotels. In case you book hotels, the offer will be valid if the stay period is only one year from the date of booking.
I confirmed with their call center. They have said that flight bookings are eligible for the INR 10,000 cashback. I have already got my hands on the same, planning to use it and check within the next 1 month 😉
They have mentioned in their terms and conditions that there is a 2% mark up fees on foreign transaction. Actually that is not true. They will charge you 3.5% as mark fees when you will make the payment. Later on they will reverse 1.5% mark up fees, effectively making the markup fees as 2%!! They ave also mentioned that since they will be issuing cashback of 1.5% hence those transactions are not eligible for Reward Points. Hence you get actually no value on spending in foreign currency with your card. I am quite sure that even though they’ll reverse the 1.5% mark up fees but they’ll not reverse the extra taxes that they’ll charge on that 3.5%. So effectively, you pay more than all High value cards like Infinia, Diner Black, Yes First Card and Citi Prestige. You end up paying more mark fees considering the non reversal of the taxes on that extra 1.5% mark up fees and you will not get reward points on those transactions. I’ll stay away from this card. It’s not of much value to people like me who already have good cards. There is no scope for Annual charge reversals too in comparison to Diners Black which allows reversal on spends over and above 5lakh/year.
Well, that’s true. Their markup fee concept is a joke, which is why i didn’t even bother to mention about it in the article 😀
Reg. annual fee, the renewal benefit is good enough. This will serve only for travelers with high spends so they can divert few spends here too as 3.3% as amazon vouchers is better than Yes Exclusive & Infinia/black without considering 10x/5x!
“They ave also mentioned that since they will be issuing cashback of 1.5% hence those transactions are not eligible for Reward Points.”
Hi Siddharth, Abhishek,
Thanks for pointing out the critical difference. The above statement is still not written in the terms and condition, but still I would to believe that is true. And if that is the case, AMEX Platinum and HDFC Relagia is a better combination than this card. I already have Manhattan btw.
I hold their titanium cashback card with limit above 5 lac. Is that the only eligibility criteria, or income also needs to be above 24L in addition to that?
Limit is sufficient enough for upgrade.
Applied just now.
Thanks for posting this Sid.
Got my card approved automatically! Let us see how fast they turn it around…
Hello Siddarth,
Thanks for your blog, it is very helpful for credit card users.
Regarding the Standard Chartered Ultimate Reward Card,
I will have to pay for the transaction on MMT and then after 60 days the cashback will be credited to my account.
So this mean first, I will have to pay ₹5900 for SC card (Joining Fees +GST) and then ₹5000 for MMT hotel cost, to get ₹5000 cashback after 60 days.
This means I have lost my joining fees. Am I missing something here.
Yes, but you got a hotel stay 🙂
Spending 10k gives good value. Works only for actual travelers.
Where did you find 24L ITR Requirement? I didn’t find it on their website.
Click on apply – Under “Fee Details and Waiver” you have that information.
I have a landmard card for last 10 year, never bothered about limit. I have applied for free visa infinite upgarde with limit enhancement. Can apply for ultimate now. My spends are concentrated on black and yes prefered as of now.
Hi Sid I have diners premium for 10x spends…..
Standard titanium 2.5lac limit for petrol and utility
Citi premier mile and sbi prime……should I go for ultimate by replacing citi or sbi prime or even upgrading titanium plz suggest
Hi. The Rs 10,000 Cashback on MMT is applicable on flight bookings as well.
I’ll get this checked.
Meanwhile, other guys who applied for this card, pls do update us what the support team is saying on this.
Checked with them again today and was told both Hotel & Flight bookings on MMT are eligible for cashback.
No update on the card upgrade request. I guess they won’t categorize the type of booking on MMT as it shows same merchant name for hotel or flight booking.
Last time it was just a day turn around time as I had got the card sent very next day of the request for Free Visa Infinite card.
I booked air ticket on MMT and got cash back in 40 days to my account
Hi,
Is the cashback into your credit card account or MMT WALLET?!
Hi Tapobroto,
I believe you are the Director of StanC Cards team who launched the Ultimate Credit Card 🙂
Thanks for the update for cards 🙂
Can the MMT voucher be used along with discount codes? If not, then Hotel booking is probably not going to be worth it.
Yes, you should be able to, as they have no restriction clause on that.
Ok I guess you’re right since this is being done through a cashback and not a gift voucher.
My application for this card rejected today, it was an upgrade request but they rejected it without giving any reason, although i fulfilled criteria for same. 🙁
if you an existing Satandard chartered credit card user, limit on existing card should be 3L+
and Annual ITR should be 24L
That is very odd, in my experience an add-on application is approved instantly and you get the card in 2-3 days. Did you also apply for limit enhancement? Share your existing card details so people here can help. It will help talking to customer care to straighten it out.
Also, there is no such thing as upgrade request in SC, you apply for an add-on variant, which shares existing credit you have with the bank. I’m not sure if you can cancel base card after getting add-on, effectively having an upgrade, because I have not tried.
I have 3 SCB cards with a shared limit. I requested for the Ultimate card. They asked me if I wanted it as an add on card or as an upgrade. I chose to upgrade my Platinum rewards card. I received the Ultimate card and my Platinum rewards card stands cancelled now.
Hello Sid,
First, thank you for very much for your efforts. I’m also a credit card freak. Even maintain an XLS in which I have noted how much worth rewards I redeemed till date for my 6 CCs 🙂
Applied for this card on limit basis, after reading your post. Inquired about MMT offer of 10K Cashback. Got verbal as well as written confirmation from SC team that its valid for both Flight & Hotel bookings. Following is the reply from SC Team :
“This is with reference to your e-mail dated 21 September 2017 regarding ultimate credit card.
Please note that the joining offer of cashback of up to Rs 10,000 is only valid:
Ø On the first transaction on Make My Trip by the customer ( No minimum transaction size required)
Ø The transaction should be within the first 90 days of card issuance
Ø The cashback will only be credited to customers who have paid the joining fees of INR 5000
Ø The cashback will be credited within 60 days of the completion of the date of travel / stay
Note:
1. Joining offer is not applicable for supplementary card holders
2. Joining offer is not valid for renewal benefit. “
Got my card approved and they say I can hold this card too along with the Landmark’s card. So totally 4 SCB Cards I will be holding now. I should get the card in next 1-2 days.
Got my card approved. I was told the due date for delivery of the card is 3rd October. But, I am expecting it some time next week. Will update once I receive it.
Finally got the new ultimate card. Packaging was not that great and came in standard letter envelope. However, The card is really good and flashy (gold and black design) and of good quality, totally unlike yes bank cards. Also, received a priority pass and dineout plus card with it . The dineout plus card will give 25% discount at major restaurants across city and ipart of dineout plus company (dineout.co.in/plus) . It needs to be registered and will give 5% extra cashback on to the ultimate card.
Received my card today. Came with a prioritypass and Dineout Plus Cards.
I got it too. Were you able to register for dineout plus?
Yes.
Received Card.. It has Dineout Plus Card and Priority Pass Card attached along with the Ultimate Card.
I received the ultimate card fee days ago. First month statement is also generated. It is Rs 5000. I do not find GST amount. If the renewal fee is also exactly Rs 5000 then that will be fully compensated by renewal benefit. So no fear of loosing GST Rs 900.
It will be charged. Wait for a few days and check your statement. It will be charged in the next statement. Same with me.
Was GST charged for you in the next statement?
Yes.
He’ll everyone,
I have one doubt that if i close my hdfcbank account from that i got moneyback credit card recently,It will effect that for availing life time free card upgrade offer in future and limit enhancement.
Received Card on 09/21,looks good. Now I’m going to cancel my SC priority Card.
I am. An existing SC customer. After two days of negotiations with bank executive, I conclude following:
For existing customer, we have to wait till limit increases to 3lacs. So let’s wait for a year or so.
For new customers, income limit of 24l plus 20l relationship with bank as per terms and conditions (haha).
So, I have given up despite fulfilling income criteria after explaining three four different executives and supervisor.
Anyone with different experience?
i dont have any relationship with the bank. applied through salary slip and got the card with 5Lakh limit.
Ok – I recently got their titanium card with more than 3.5L+ limit – probably a month back – Will it be good to upgrade it with this card – on C2C basis – my current card is LTF – will that be available on the Ultimate card as well? Or it is payable?
@Shalabh Agrawal
Was your card recently issued? Or is it an old card with 3.5L limit?
@rahul bhai
Recently issued card a month back – first month bill 200 Rs. Not doing much transactions on it as I hold HDFC Diners Premium ( which again I use pretty often after devaluation) but I managed to get CitiBank Premier Miles card for earning jet ( So I book most of my spends there now).
Anyone with any inputs? 🙂
got my card today when i applied by doing 1 INR transaction on existing standard chartered card.
Siddharth – question for you.
1) Booklet doesnt contain any fee structure – So it this card LTF for me as my previous infinite card was LTF. Nobody called me before processing
2) about PP – Does my spouse also get PP and if i spend 20K in previous month do both of us get 1 visit each in next month
3) add on card – Any idea how to get add on card. Netbanking has no option to order from there
Got to approach the Bank branch for supplementary card.
You got the card on the same day that you did the Re 1 verification? That is pretty quick.
Hi Dhanush,
Just trying to support Sid here..
1. The joining fee is INR 10,000 and renewal fee is INR 5,000. THe processing is auto-approved from your end once you take the Re. 1 transaction.
2. The TnC specifically mention the PP access would be on the respective card on which INR 20K was spend in the previous month. So to get access for both, you need to spend INR 20K on your card as well as the Add On Card in your wife’s name.
3. Add-On card option can be taken from their form center. Search for ‘Supplementary Credit Card Application’ and you will find it.
Hi Rahul,
What do you mean by The joining fee is INR 10,000 and renewal fee is INR 5,000. THe processing is auto-approved from your end once you take the Re. 1 transaction.
How I can get Ultimate by doing 1 INR transaction on my existing standard chartered card?
Got my card last month in the similar fashion; when received the statement yesterday I found a joining fee of rs. 5000/- no GST added… surprising !! Have mailed the customer care for the reversal; no reply yet.
Dhanush,
What do you mean by doing 1 INR transaction on existing standard chartered card?
How I can get Ultimate by doing 1 INR transaction on my existing standard chartered card?
Hi Dhanush,
What do you mean by doing 1 INR transaction on existing standard chartered card?
How I can get Ultimate by doing 1 INR transaction on my existing standard chartered card?
Can anybody help me with Priority pass feature on this card. I am slightly confused. At one point it says that visits to PP lounge are chargeable and then it also mentions about complimentary visit if your monthly spends in previous month exceed 20K. So will i be charged $27 or not.
5 reward points for every 150 spent is valid only on Dining and overseas. Rest of transactions is 2 points for Rs 100 spent.
Where did you find this info?
it is there in stan chart website. not only that MITC is silent about fuel surcharge waiver. it says 1% surcharge applicable
I am getting 5RP for INR 150 on all spends.
Hi Hari,
Can you also detail out what are the available options to redeem points for ultimate card?
Ankur,
You can redeem for vouchers of Amazon, MMT, Flipkart, Myntra, Nautika, cleartrip, Genesis, Gant etc to name a few.
Is this true? Actually they have said categorically that the 5 RP is valid on all transactions, except the overseas ones (due to 2% forex fee instead of the usual 3.5%)..see below:
Max cashback of INR 1000 per month
The cash-back will be credited to the Cardholder card account within 60 days of transaction date
All overseas transactions are levied with a 3.5% transaction fee. Cardholder is eligible for a cashback of 1.5% of the transaction amount on the overseas transactions. The cash-back amount effectively reduces the forex mark up charged to 2%.
Cash-back transactions will not earn reward points. Only transactions where the merchant is registered as a duty free vendor will be considered for cash back.
Any other better card available in terms of rewards? I have tried Amex Platinum, Citibank Premier Miles in past and am currently using Diners Black.
Go for IndusInd Pinnacle card. 2.5% Flat on online spends even Wallet add money or insurance.
Rewards can be adjusted in next bill in cash credit
the MMT cash back is applicable on flight bookings as well, confirmed over phone and email.
Received the below mail:
Ref: 09/17/075032
Dear Mr Suresh.
Thank you for your time.
As per our telephonic conversation we wish to inform you that 10,000 cash back offer is applicable for the first transaction including the flight transaction on MakeMyTrip made within the first 90 days of the card issuance.
Please write to [email protected] for any further clarifications.
Yours Sincerely,
Musaddique Khan
From the office of Head Service
How are they going to give you the 3.3% back? The literature says that one get 5 RP on every Rs 150 spent and that the maximum benefit is 1 rupee for a 1 RP. But how is the pay back? In what form? Is it a simple cash back like the Manhattan card or is it redemption of gift vouchers at Amazon or Flipkart?
That’s a good question as currently SC rewards redemption is pretty poor (read: unattractive) based on current RP earn rate. Also, SC RP are for life and they have common platform for RP structure for multiple cards you may hold, there is no bifurcation of 1 RP = 1 Rs, all their RP carry 0.25 Rs. So it would be interesting to know how they are going about this Ultimate card.
The validity of RP for Ultimate card is 3 years. You have Exclusive tab on the rewards page for redemption of RPs acrrued on the ultimate card.
Hari,
You mentioned, it’s exclusive tab for ultimate points redemption, can you explain bit on what are the available options to redeem ultimate reward points?
Hi, the exclusive tab gives you card redemption options through gift / discount vouchers which are at 1RP = 1Re. Stores /merchants which are offered include Croma (my favourite), Makemytrip, cleartrip, hidesign, and many others. Its pretty good and useful. Had over Rs.10,000 points available, used the coupons for buying a new AC at a discount.
Hi,
The problem with SC is that most of their customers become victims of international fraud transactions. So I am afraid, if something like this happens, I’ll put myself in great trouble.
And unfortunately, only SC CC customers are victims of such frauds. They cheat their customers by sharing card details I guess. This is not good at all.
Not true… SC is known to be a strong bank and earliest entrants in India. Do your research well before claiming anything of these sorts… I am a SC customer (debit and credit) for last 10+ yrs and have not faced any sort of fraud or fake transactions…
I have been using SC Cards for more than 15 years and whenever I use card outside of India and If SC feels that my card details compromised.. SC used to call me and replace with new card. I have not heard about fraud transactions of SC card
I am myself a victim of fraud transactions twice. My friends were also victims of such International frauds.
I never used that card to do any transactions online. Be it domestic or international. Also, I always hide the CVV number with the help of permanent marker.
Now, if I had never used the card to perform online transaction, how did the details got compromised?
I use my HDFC Regalia card for carrying out any transaction over the Internet.
I decided to use HDFC CC to carry out transactions over the internet after reading the above post.
Mukund, you are right. I’m also a victim of international fraud on SC credit card. One Sunday night, I lost all my credit limit on 10 transactions on different currencies (mainly US,UK and Germany) in a time span of 15 minutes.In the morning,I saw 21 sms on my mobile – 10 for OTP, 10 for successful transactions and the last one sms informing me that my whole credit limit got exhausted. I blocked my card (no point as whole limit is gone) and raised complaint to SC customer care.To my surprise, they were not ready to accept any mistake from their side and told me I only made those.I thought for sometime and then dial police helpline number 100 and they advised me to go to Police commissioners office and register complaint there.I went there and met deputy commissioner who is handling the Cyber cell and lodged a written complaint there.They started following up with the bank. Even I started looping cyber cell email id on all emails to SC. They asked me to fill a dispute form and I sent to them. Finally after some 60 days of fight, my credit card bill got waived off.
Can it be applied through card to card basis and if yes, what should be the credit limit to get this one ?
I’d venture at least 4L. SC typically gives 85% of existing limit to HNWs, around 75% to others, provided it does not go over 20% of your annual salary. I don’t know exactly how they define HNW, but if your existing card company declared your income over 30L per year on CIBIL, you get at least 85% of current limit, AFAIK.
Now, since this card requires a minimum credit line of 3L with SC, you need at least a card of 4L limit. I’d say be 5L and above to be safe. Of course, a salary of 20L+ declared with existing card company might be a requirement.
It’s worth giving a shot if you have any premium card. SC can be very aggressive in approving cards when they want to.
Siddarth,
There seems to be some discrepancy as for as RPs are concerned. When you compare the cards on their website, it shows different reward system. While in the details of the Ultimate card it says 5 RPs for every INR 150 spent. I checked with the CC and they confirmed 5 RPs for INR 150 Spent. In reality, they are giving 5 RPs for INR 100 on some categories and for all others it is 2 RPs for INR 100. Will check with them again and keep you posted.
Riased a complaint with the bank and they have resolved the issue. Now I am getting 5 RPs for every INR 150 spent. For a spend of INR 430 I got 14 RPs.
Same here, raised complaint. Customer care corrected in 5 days.
Website mentions both annual fee and renewal fee. Are they same? Or renewal fee will be applicable at the time of renewing the card after 5 years whereas annual fee will be applicable ever year? Also only renewal fee has equivalent bonus reward points.
It’s Joining Fee and Renewal Fee. You need to pay INR 5000 + Taxes every year. On paying the joining fee you get the MMT benefit and renewal you get equivalent RPs.
5000 is inclusive of GST. My 1st statement generated, so confirmed.
No. It will be charged seperately in the next statement.
18% GST extra
That is a good question. Anyone with an answer?
1st statement generated. Joining Fee is 5000 Inclusive of GST. Yes there was some calculation mismatch in calculating Reward points. Customer care added right points in 5 working days. Hopefully SC will correct the calculating logic of Points for this card. BTW, gorgeous looks of card 🙂
Siddarth,
Both Primary and add on card holders get free domestic lounge access – 4/qtr – courtesy Visa.
is AADHAR compulsory for new application for SC credit card ?
how is SC credit card in limit increase department ?
I get Limit Enhancement offer every 6 months.
How does this stand in comparison with Citi Prestige?
Nowhere close, but it depends on what you want. High end dining, this is leaps ahead of Prestige. If you want to hoard miles, there is no card on the planet that can beat the Indian version of Prestige, barring short-lived flash promotions. If you stay at 5-star hotels, Amex Platinum is where it’s at.
This isn’t really pitched to be a super premium card (even though it matches them in reward rate), it’s really a great replacement for Regalia and Prime cards. Because it doesn’t come with other privileges that come with super premium cards. Most privileges of this card are restricted to India. Can’t really compare a 50K card with 5K card. 🙂
Actually, this card is better than Infinia/Diners because that 3.3% reward rate is calculated per statement, not transaction. A 299 transaction on Infinia would only give you 5 points, this would give you 9 points (a 1 re unrelated transaction would make it 10 points). SC calculates on overall bill and prorates it. It’s still not on level of Citi though, who even gave me miles on GST of annual fee. 😛 Apparently Citi gives miles on everything except interest and penalty charges and calculate it per bill, not transactions.
HDFC really screws customers on their per transaction policies, especially the kinds of people who use CC for everything and might have a lot of smaller transactions.
Hi Siddarth,
You have mentioned that welcome benefit is applicable for MMT hotel booking only. But, I believe it can be used for flight ticket as well because SC didn’t mention anything explicitly that is not applicable for flight ticket.
As I see in their T&C, “This Offer is not valid on bus, railways, cabs and holiday bookings.” – So cashback is applicable on Flight & Hotel booking
Regards,
Hari
I have been using CC of many banks but I have found worst service of Standard Chartered bank. The way of communication with customer & bank staff are highly unprofessional.
Bank has designed its customer communication channel is such a way that if customer raised any complaint then he/she automatically get fed up and give up to its complaint.
HIGHLY NOT RECOMMEND SC BANK CREDIT CARD AND BANK ACCOUNT.
This question is for Amex Guy…when you say “If you stay at 5-star hotels, Amex Platinum is where it’s at.”, do you mean Amex Plat Charge card? What benefits do they have for 5 star, other than the ones advertised (like elite status with a lot of the chains), and the benefit you get from Fine Hotel and Resorts? Will be great if you can lay it out in detail.
Yes, I mean the Platinum charge card.
1.) You get elite status at major chains. Indian variant comes with even more than US variant. If you travel often, the $30 free breakfasts and late/early checkouts save a lot of money because you can then take cheaper morning/evening flights in and out. So elite status has capability of saving thousands of dollars a year. Also, since most chains only have premium variants in India (for e.g., Hilton has only one Hamptons, SPG has only a few four points), you can’t do what you can do in US — earn status on cheaper hotels to burn on expensive ones. So this card really can help.
2.) Amex, a lot of times, can negotiate a better rate for you. Even if not, elite tier helps you there too. Amex is primarily a travel agency, never forget that. The card starting with 3 should tell you. 🙂
Keep in mind though that apart from elite status, Indian variant is significantly useless compared to US one. It is double the price, comes with practically unusable sign up bonus, points are 1.5X less worthy, and “Do Anything” concierge is not even in the same league as the US one. So know that they are taking Indians for a ride, and most advertised features outside of status won’t work as they should.
Hi Amex Guy. Thanks a lot for your response. Appreciate the education we receive from your posts. Always loaded with facts.
Hey AMEX guy,
Isn’t Premiermiles plus amex platinum reserve a better combo than prestige. If I’m not citi gold, the earn rate with PM is pretty catchy and I get more hotel memberships with Platinum reserve. The only benefit I would be missing is unlimited PP but then I would have both Visa Signature concierge and AMEX platinum concierge. Wouldn’t that tip the scales?
AG,
Not really. PM gives 2 miles/100 while Prestige gives 4/100. There is no problem in offsetting fee as they give freebies of 20K for renewal. Even for domestic, converting Prestige points to Etihad and then booking Jet is better than 1.8% reward rate of PM. On Prestige, getting 4% return is very easy. Getting anything more than 2% on PM is impossible.
Now, the Amex concierge you have is not exactly “Do Anything” version. That’s only on Platinum Charge card. For Do Anything, they use Aspire Lifestyle as provider. Well, so does Citi Prestige. So in Prestige, you’re getting same concierge as Amex Plat Charge Card. On Reserve, you’re getting the Int SOS concierge, which isn’t very useful. Prestige concierge has gotten me on club guest lists after 11 PM, while Int SOS was even unable to arrange a courier pick up. There is a massive difference.
You don’t get any hotel memberships on Reserve AFAIK. You’re confusing the 50K Plat Charge Card with Reserve.
PM has its uses. For example, if your spends are less than 12-15L/annum, you’re unlikely to be able to play miles game properly. In that case, something like PM or a Amex Jet card makes sense, where you just earn a few flights domestically and that’s that. But competitor to Prestige, it is not. 🙂
I disagree, I have been using their cards from last couple of years and they have been able to resolve my concerns promptly. The key is to escalate your concern through Grievance redressal channels.
Customer care tells me that for Ultimate specially, you can redeem 1000 RP for 1000 Rs. Amazon voucher. This is great is true! And there are no redemption charges and this is e-voucher.
Got this card. Actually, wanted to upgrade my Priority Banking Infinite card to this. But they let me have both cards. I didn’t mind because the PrB Infinite card is free for life anyway. With this card in my hand now there’s no use for the Prb Infinite card though.
i have got my 1 st statement with 2 transactions and joining fees but no sight of any reward points.
if anybody can help in this regards.
Hi Sid,
I have been offered one of the below cards for no Annual Fee
1)Standard Chartered Ultimate
2) Standard Chartered Emirates World
3) Priority Banking Visa Infinite
Which one would you recommend? I currently have an Amex Gold and will get one of HDFC Infinia or Yesbank First Exclusive.
I called SCB and they said that Standard Chartered Ultimate is not for free. I already have two of their cards, namely Visa Infinite and Emirates world. What is the criteria for free?
Does anyone have any idea about their concierge? Looks like they are providing a lot of services only seconded by amex platinum. I am not sure about their service quality though.
The concierge partner is International SOS which is the parent company of aspire lifestyles. I have a bit of experience with aspire from my yes first exclusive and they are good but take a lot of time.
I used their Concierge service for some basic operations (sending flowers, cakes etc.). It is not bad. They are puctual, helpful, polite, and keep their end of the bargain.
I have been offered one of the below cards for no Annual Fee
1)Standard Chartered Ultimate
2) Standard Chartered Emirates World
3) Priority Banking Visa Infinite
Which one would you recommend?
I currently have an Amex Gold and will get one of HDFC Infinia later this month
Hi Q,
How you managed to get the offer of Standard Chartered Ultimate without annual or joining fee?
Request you to guide us.
Standard chartered ultimate unless you travel much with emirates.
The value of Rs. 1000/- Amazon evoucher on rewards redemption is 3600 points. How is the value of 1 reward point then equal to Re. 1?
That’s for other cards like Platinum rewards, Manhattan etc. Check the exclusive tab on the 360 rewards page for Ultimate rewards redemption options.
Check the exclusive tab in 360 degree reward page.
Is this for ultimate card redemptions???
Yes.
There is an exclusive option tab where it gives all options including amazon
They converted points on my existing cards by 3:1 ratio.
They even debited points on landmark rewards card which is not there on 360 degree platform.
I booked a hotel using this card earlier last month on MMT and now need to cancel and rebook to another hotel. Has anybody talked to Stan C regarding this, am i going to still be eligible to receive the 10k cashback if i do this?
Where is the exclusive tab in my rewards page??
I have received my Ultimate card around 20 days back. At time of joining, there were around 40 options to redeem the points in Exclusive tab but today I find only 19 options. All major vendors(online/offline) including Flipkart, Cleartrip, Yatra, Lifestyle and MMT open voucher options are gone.
I have contacted the customer care and they say it is bank policy and redemption options can be changed any time.
Now I do not find this card good enough to carry on as no major vendors are available whose gift card can be purchased other than shoppers stop, Thomas cook to name few.
Since the annual and renewal fee of Rs5000 + GST are mandatory and no waiver option is there, I feel the card is not worth anymore.
Also Dineout option is limited to only 4 major cities.
Has anybody noticed the same and raised the concern with SC bank?
Do we have amazon in the list of vendors?
Hi Sunil
Is amazon still a redemption partner?
If Amazon is still there then you can get cleartrip/ mmt / lifestyle through amazon pay balance. 🙂
No chance of flipkart though 😉
Hi,
No ..All major vendors are gone.
Today count of options reduced to 17.
I got a reply from customer care and they simply say whatever options are there, we need to choose from them.
As per policy they are right but as per business ethics and customer satisfaction, this is completely cheating with customer.
While launching the card, they mentioned a whole bunch of list but within 3 months, the things are completely changed. What is advantage of paying Rs5000 + GST fee if you do not even have a good option to redeem. In first year, they are offering MMT voucher but what will we do of these points in next year? Even there is no option of fee waiver.
Is this correct way of promoting a premium card?
I would request Siddharth (Post Owner ) to check the latest updates and revise the editor’s rating accordingly as I do not think this card is now worth 4/5 rating but again that is my personal opinion..
Yesterday, I was able to redeem points for 5K flipkart e-voucher.
Yes..today Flipkart is back in catalog..
Hi
Whats the latest on the redemption options?
Hi Ganesh/ Sunil
I have a question regarding flipkart gift cards.
In amazon gift cards balance gets added to amazon pay which can be now used dor a variety of payments (elec, mobile etc like paytm) other than just buying stuff on amazon.
Is Flipkart Gift card adding balance to Phone Pe (flipkart’s wallet app)? So we can do any kind of payments from there???
The idea is to make these gift cards/ voucher near cash (through wallet apps) to use where ever I want and not necessarily buying from these websites.
Hi Aman,
No for Flipkart vouchers you need to buy stuff from Flipkart as Flipkart and PhonePe work independently although PhonePe is owned by Flipkart.
Best option is to redeem Amazon vouchers and then use it for shopping, bill payments or shop for other merchants GV’s
Amazon, Flipkart GV are back in stock. They have these GV’s in stock and send to across when redeemed by customers. When stock gets over the replenish them. I have observed this with Amazon and Flipkart GV. Generally they come back within a week or two after getting OOS.
Thanks for the info Datta
hi… can you please do a complete review of the SCB Ultimate credit card. Would be really helpful as this card looks really promising.
Thanks
SCB Team does not confirm other Visa infinite benefits on ultimate card. Benefits like Book my show non-movie discount of Rs 700. Availability of Visa infinite benefits automatically under Ultimate Card is also not mentioned on Bank website under ultimate card. Mr Siddharth can shed some light.
I don’t think outside of Visa Luxury Collection banks can opt out of any Visa Infinite benefits. You should be able to avail all ongoing Infinite offers. BMS offers are applied based on card sequence numbers (issuer part, so first 6 characters), so you can always cross check.
How to cross check ?
Please clarify for understanding bms offer.
Any idea what’s the SCB Ultimate’s transfer ratio to JP miles? For other cards, I believe it’s 53 JP miles for every 100 points.
It’s the same 53 JP miles for 100 RPs
Does the SCB Ultimate Card have a separate dedicated customer service phone line (similar to Diners Black/Infinia)? I’ve been seeing very long wait times on the regular customer care phone line for SC’s other credit cards.
No they do not have a dedicated customer care.
does the eligibility criteria for Ultimate credit card had been revised?
Who informed you this? SC website still showing-
New Customers – Annual income of Rs 24 Lakhs per annum or more
Existing SCB Card Holders – Existing credit card limit of Rs 3 Lakh or more
I had made two transactions on MMT and now I am struggling to get a cash back from the CC team. First they claimed that my transactions are not registered and now they claim that I will have to follow up with the MMT team to get the cash back? My question here why should I follow up with the MMT team when it has been communicated at the time of taking the card that SCB would be responsible for cash backs. Have escalated to the Head Service team but getting very lame excuses
This is not good at all. I am getting worried about my cashback.
Although as of now I have done only one transaction with MMT.
Gaurav, did you cancel your first transaction on MMT? Because as per T&C Ultimate card holder is suppose to get cashback only on 1st transaction on MMT and if that transaction is cancelled then they would not pay cashback.
But if we do multiple transactions on MMT then you would get cashback for only 1st transaction, max of 10k.
Before doing MMT transaction I spoke with SC customer care and they were not giving proper answers, so I spoke to their floor manager Mr. Vishal and he explained the T&C properly, I also got them in written email and then only proceeded with my booking.
I will suggest you to call customer care and ask then you would like to talk to floor manager (Vishal) and explain your issue. He is good guy and he has helped earlier as well when I asked Ultimate CC they instead issuing another card on my account they upgraded my SC Manhattan card and cancelled it. First they said they can’t revert once its cancelled but with Vishal activated it again.
Best of luck and keep us updated.
Thanks,
Datta
Hi…Finally I got my 10K flashback. I had made two legal transactions of 15K and above on the card and both were made for hotel bookings. Had to send them multiple emails for follow up but all’s well now. Got a message from the bank that both the transactions were okay and thus receiving the 10K cashback
Hi can you please elaborate why 2 transactions of15K, isnt one enough10000 or above.
I just got my credit limit enhanced in HDFC when they upgraded from Diners Premium to Regalia to 3L.
Can I go and apply even with though the regalia credit card is new but the account is older than 1 year?
Hi,
can we have SCB (Ultimate/Manhattan) , ICICI (coral or Jet sapphiro) and Axis (privilege or select) Cards through card on Card process?
Republic day offer for all scb cards 3 times rewards to a max of 3000. 26 to 28th spends should be above 2601 minimum 2 transactions.
Has anyone received makemytrip cashback of 10k? I am still waiting for it.
Received that. Booked using MMT on 6th Nov. Stay was for 14th-17Nov. Received CB in 60 days.
Thanks SH. I too have received cashback in my credit card.
Yes I got it few weeks ago, had booked stay for December.
Received MMT cashback. Cashback credited just over a month after travel completion.
I am already using three scb credit cards…can I apply ultimate card also and will I get all the benefits of the card?
Hi all I would like to know the exact terms for the mmt booking. 10000 and above, first time on mmt does it mean a new mmt account or first transaction using ultimate card on an old mmt account
Its can be old MMT account, you would get cashback for first transaction using Ultimate Card. I used my old MMT account for Hotel booking and I have received cashback in my credit card .
Hi everyone,
SCB isn’t generous in issuing the cards to the self employed. I applied based on my HDFC card through Card on Card process. But, got rejected.
I’m eying on this currently. I checked with sales guys and they seem to require 5L+ limit on existing card. Did you apply by fulfilling that condition and still got rejected?
Hi Siddharth, my HDFC card limit is 4,75,000/-. Still got rejected.
That should be the reason then!
Sid,
Any Specific reason or advantage for you eying in this card , specially when you hold all other super premium cards and this one comes with joining fee of 10k too?
Just for design collection 🙂
@Anugu
How much time it take for procedure?
Got Target based spend offer 4000 extra points spending 88K and 7500 extra points for spending 108K. Has anyone received this offer? If yes, what is your Target Spend?
Hi Rahul,
it was hardly 10 minuets process. The executive told then and there itself.
I have been waiting for more than 23 days since documents were collected, but no updates as such. When contacted customer care they say initial approval is done wait for few more days. Dont know how much time whole procedure will take place.
Can you please share your experience with SC Ultimate credit card application procedure.
Note: For me it is new card application with no prior relationship with SC.
I got my card within a week after applying online ,process was quite smooth, I guess it depends on case by case basis.
Hi
Has anyone got this card LTF or joining fee waived?
I asked but they politely said its not being issued ltf or joining fee waived.
Even i am interested in this card,if joining fee can be waived just like HDFC diners black.
What about the forex currency markup on this card?
Its pathetic. First you get charged 3.5% + gst (presently totalling 4.13%) and then 1.5% is reversed.
It’s 3.5% (plus GST) and there’s a 1.5% cashback on it.
Hi I am not able to use card in bms. It says total number of use already exhausted and i havent booked this month using scb ultimate
There are quotas for visa infinite & signature cards. Hence you wont be able to use the offer in case the quota has been exhausted.
Quota is generally released at 10 am & 4 pm daily or so. You may try at these times as the quota is very limited.
It’s the total usage by all Visa Infinite cards. There’s a quota per day.
Can anyone who is having this card confirm whether we have the capability to pay the outstanding from the points we have. CC rep told its available but i just want to confirm as I hadn’t seen that in website or blog even.
I haven’t seen any such option online, for the reward points. There’s a separate ‘cash’ section (where you get any cashbacks (different from reward points)). That ‘cash’ can be used to offset the outstanding.
why at all the websites scb cards considered as best
I applied for ultimate card.. received within 3 days of request.. amazing service ( I already hold 3 SCB card with limit of ₹375000)
I am not receiving e-statements from stanchart timely. Earlier I used to receive it within 3-4days but now they are sending it after around 10 days. Anyone else facing this issue?
I received SCB Ultimate card within 4 days of requesting through customer care executive. Called to change statenent date and came to know about this card upon enquiring about upgrade. I am holding SCB cards for 15+ years and was holding Manhattan Platinum and Landmark rewards card from SCB. This is 3rd SCB card in same combined limit. Yet to do MMT booking for cashback.
This is my primary card now and regularly receiving 5 reward points for 150 on pro rata basis. ICICI Coral (visa) and CITI Indian Oil card have gone to cold storage (except for fuel in citi). Also aquired diners club international as LTF recently, but didn’t use much till now.
I didn’t care much for reward point/cashback before. Might have changed/upgraded cards, had I gone through this site before or analyzed credit card rewards in detail.
Just wanted to update that one can get 1 RP for every Rs. 30 spend. No min transaction of 150 is required. Got 1 RP for Rs. 40 spent on the card.
Hello everyone
Just a request. If anyone has got this card LTF or joining fee waived, Please the tha name and number of your RM and location.
Thanks in Advance.
I currently hold Manhattan with 4L+ limit and planning to upgrade to ultimate for Airport access…
Something we might have missed for Ultimate…
5k joining compensated by MMT and then by points 2nd year onwards…still OK
Greater reward point to spend ratio, better RP to cash ratio…..GOOD
Now, what is missing is the 5% cashback on departmental stores and the seldom cash schemes SCB runs on Manhattan and Super value titanium, ….it annualized 7k for me last year in addition to the RPs
A guy from their card team confirmed Ultimate would not have that cashback as it is a premium offering?
For this precise reason I have kept by super titanium and use it for fuel and utility payments despite having a HDFC Infinia. Use it just for the reasons it is best for
Below benefits are mentioned as applicable till December 2017 only
Discounts on yQ (Meet & Assist), Hertz & Avis
Hilton Honors Gold status with 4-nights stay / Fast-track
for Hilton Honors, there is another ongoing promo which is applicable to all Visa Signature and Infinite Card holders. just complete 2 stays or 4 consecutive nights. We need to register for this offer through the link provided by VISA. I’m sharing the link here
I has raised this issue of Hilton donors etc which the welcome kit said were till 31st Dec 2017, the CC team got back and informed me the same has been extended till 30th June. These are given by Visa under the infinite program checked their website and the same have been extended.
if this card is good for international spends say for Thailand travel ?
please suggest on urgent basis.
thanks in advance.
Yes, Go ahead and use it.
You will receive cashback of 1.5% on Foreign Currency charges and along with Reward rate returns at 3.3%
The cashback of 1.5% seems to be good ! Infact better than the global value program of 1% of Diners Black….is the mark up charges different i.e is there any fine print and do we need to enroll ourselves in any program to get the 1.5% cashback or it is automatically considered? I am being offered SCB Ultimate LTF same as the visa infinite i hold right now… thinking of going for it as diners acceptability abroad is still limited and this would server as a good alternative if its mark up charges are on par…. plz comment !
But without reward points it is a very bad deal.
Hi Tathagat,
You mentioned that “I am being offered SCB Ultimate LTF ”
Have you received this card? Also request you to share how you managed to get the offer of Ultimate LTF (Life Time Free)
Do you have any existing relationship with Standard Chartered? Ples share in details how you managed to get LTF offer for this card?
I would love to get the same 🙂
Thanks
Hello Tathagat
I doubt that Standard Chartered has offered Ultimate credit card without annual or joining fee.
I have spoken to my RM at Standard Chartered and came to know that the bank doesn’t offer Ultimate without fee.
Thanks
If it is true ? I doubt and need confirmation.
So i received my Ultimate card this week, within 3 days of submitting all the documents. Needless to say the cad looks stunning. Glad they provided this card with no previous relationship with the bank.
Couple of quick clarifications from the experts in this thread:
1. Do i have to wait till i pay joining fees to book the MMT tickets? The following line is confusing
“Eligibility Criteria” for availing the Offer is the payment by the Ultimate Cardholder of the
Joining Fees of Rs. 5,000 in accordance with the Most Important Terms and Conditions.
2. Primary and secondary card holders are eligible for one complimentary pass access per month provided 20k spend on the card.
2a. Will primary and secondary holders get one access each ?
2b. is 20k spend calendar month or billing cycle?
2x. Does primary and secondary card holder have to spend 20k each to be eligible for waiving off usage charges?
Customer helpline were quite helpful. Appreciate thoughts from experts here.
Hi Rahul
Kindly note my opinion:
1. Need not wait. Charges will be debited automatically. It’s more likely that this point is there in case this card is ever issued joining fee waived.
2.
a. Only 1 visit in total combined.
b. Calender month.
c. 20k in total by both.
Hi Rahul,
To answer ur questions,
1. You can go ahead and spend as soon as u get the card in ur hands. You have to pay the Fee on ur due date to get the cashback.
2. Yes
2a. 20k must be spent on primary card to get complimentary access on primary card and additionally 20k must be spent on Supplementary card to get free access on Supplementary card. U ll get 1 complimentary access only on the card that u have spent 20k(Primary/Supplementary).
2b. Its ur billing cycle.
Ok. Now, How did u apply for the card? Is it card on card basis or using ur ITR? If u have applied through card on card, what was ur limit on the card which u have provided to them?
Thanks guys for your inputs. I applied based on ITR and i had no previous relationship with SC. The limit i was provided is 5 lakhs.
One area of concern for me was the priority pass, it had only 12 digits printed on the card and as a result , i was not able to register in prioritypass.com . However, when i reached out to SC support they mentioned the card will work despite some of the embossed numbers missing. PP support however says, get the PP card replaced. It’s confusing and no closure and having back and forth with SC support for the past 2 weeks.
Hi Rahul,
Did you apply on ITR basis or Card to Card basis?
If Card to Card basis, How much limit are they expecting in existing card?
Thank you Sid ! A well written article. Been following you last few days. I hold 7 credit cards now including SCB Ultimate card, I took after reading your article. Hope I could save more using this card. Btw, I’m a movie freak. Love watching more and more movies. Hope I could save on movie tickets also using this card. Thank you!
Well, I’m an existing SCB card holder who holds a Manhattan Platinum Card. Card limit of 3.12 Lacs and do not have any other relationship with SCB. My card is just 6 months old. Card utilization never went more than 20%. This is just an insight to those who wishes to apply for this card.
SBI Elite is good for movie lovers..it gives free tickets every month.
I applied for this card few days back, card is yet to be delivered as i was travelling for some time. However statement is already generated and emailed to me. Process of applying was smooth and interaction with CC was helpful, since i had to call them couple of times for for holding / re-initiating the delivery etc.
The only con i see is they gave me CL which is about 30-35% of my monthly Salary, Just to mention I have very good CIBIL score but no existing relationship with SC. My intention was to use this card for overseas transactions as Visa has better acceptance then Diners (primary card). With this CL i need to think twice / calculate even before paying Hotel charges during overseas travels with this card. Clearly their CL policy is not in sync with their intentions to get into HNI segment.
Hi
This is one of the best cards at current times, I’m thinking it was poorly rated may be due to not unlimited lounge access. Someone mention, we won’t receive reward points on the international transaction, but that’s not true. I spent USD and AUD, on both occasions I received reward points and also 1% cashback.
Reward Point ratio is 3.3%, the catch is we also receive points on fuel transactions and wallet transactions. Joining fee and renewal fees can easily be managed with the bonus points/cashback they giving.
I strongly recommend this card.
Can we redeem the reward points in cash i.e. can we adjust it in bill and if so what will the value of one reward point in ultimate card in cash redemption. Also do we get reward point on same rate i.e. 4 point of Rs.150/- on paytm/Amazon wallet load and fuels. Do we get Flipkart or Amazon voucher on point redemption.
Sid,
The 10k cashback for MMT booking is available for Hotel AS WELL AS for flight booking. The terms and conditions clearly says that the cashback will be credited within 60 days from the date of travel/stay. DATE OF TRAVEL implies that if we do a flight booking through MMT, even that will be eligible for cashback. What do you think?
🙂
I was planning to NOT apply for this card as I already have the YES FIRST EXCLUSIVE card as my primary card. However, one problem I have with the YES credit card is that the reward point redemption options are very limited. Earlier, they used to have Amazon Gift vouchers but that is also not available which is making the points somewhat useless to me. I am kind of forced to buy some Shoppers stop GV which I really do not need. Also, Yes bank sends physical gift vouchers and NOT e-vouchers which is really a pain and hard to believe in today’s world
I am thinking to apply for this card due to much better redemption options including Amazon Gift voucher which is all delivered as e-vouchers over email.
I would like to know if they have dedicated customer support over phone for this card or you have to go through the long list of options and wait time before talking to someone .. I am talking from experience as I already have an old Stan chart titanium card with 5L limit.
They do not have a separate customer care number for the Ultimate card. However, I’ve seen that I’m almost immediately connected to a human after entering the card number on the phone IVR. I believe they recognise the type of card (based on the number) and connect you much quicker if the card is an Ultimate card. I used to have a different experience (had to wait long) when I had a different standars chartered card before this one.
SC utimate card holders can contact Priority Banking numbers. Wait time is very less for priority banking customers.
This is very reassuring to know. I might go for this card and use it as primary card instead of the Yes First Exclusive. What do you guys think?
Yes First exclusive has better lounge access (unlimited domestic and international) and lower foreign currency charges but SC ultimate has better reward rate and more importantly better rewards redemption catalog
i applied to this card for the very same reasons.
I have YFE issued LTF to me. Given the recent devaluation on earning points what do u suggest ? Should i go for this card by paying 5k fee ?
Since you hold YFE it will be a fair assessment.
Thnks in advance.
Effective annual fee is only Rs900 as you get nack 5k as points.
Hi, I have this card for the past month. How does one redeem the points at Re1 per reward point. Can’t see any exclusive tab on the 360 degree rewards page.
yups seems to be missing now. Although their website still says “maximum benefit with 1 reward point equal to Re 1”
It’s replaced by Ultimate tab now.
Hi Rajnish,
Where is that ultimate tab?
Yes even now I can’t see that section….it was there before! Need to clarify from cc executive.
It is back now… but Amazon vouchers are missing.
I called CC and they asked to wait for a couple of days. They are updating the rewards tab for Ultimate from the back-end.
I am using this card for the last one month. This replaced my regalia card for daily usage. The good thing with this card is reward points are prorated (got one reward point for Rs. 17 also). You get rewards for all types of transactions, there is no exclusion / conditions. Reward points for each transaction is shown clearly in online. Standard chartered has very good offers in TataCliq, UBER, Voltas Ac’s, LG, Jabong, Treebo, Samsung mobile.. etc.
Only concern is the availability of Amazon coupons for redeeming reward points. Overall i am happy with this card.
Hi Siddhart,
First of all, excellent review. I had also read your review before finally jumping to Diners Black from HDFC Regalia. I now got my hands on this Ultimate card from Standard Chartered.
Quick question: Regarding Airport lounge access, given this card is Visa Infinite, I assume users will get 4 visits/qtr on visa card + 1/month on PP (which is provided with the card) subject to 20k spend in prior month. Let me know if I am wrong here.
Interesting thought on wallet money- unlike HDFC, I think users will get the default 3.3% rewards for any payments liked to wallet account, like say Paytm. Suppose one transfers 1k to paytm wallet, user will get Rs33 as reward points (1Rp=Rs1). Paytm charges 3% for transferring wallet money to bank account (default charge for retail clients, business vendors have diff rates, mostly its free). This money (from bank ac) can be used to pay the same credit card bill, for calculation purposes, lets just say its 1k, which was used to upload money in wallet.
In short, will the user earn 0.3% (3.3%-3.0%)? Amount will be less, given Paytm caps money sent to self bank ac at 25k/month, but I think this essentially means free credit all round the year, while earning 0.3%
Leave it to the experts here to discuss further.
Use PayZapp. It charges 2.36% including GST.
Both, Paytm & Payzapp will ban you for lifetime for revolving credit !
It only made sense when transfer was free in the old days.
Siddharth
Any idea how to apply this card on basis of another bank card ?
I visited SC bank branch to get info but their employee are noob, they dont have any knowledge about product also they never give replay to our question !! wasted 2 weeks following them , this blog contain more info than Standard Charted Bank employee have !
I have CItibank credit card with 5.47L limits interested in this card as secondary,
Standard Charted Bank service is really bad, How is credit card department ?
Has anyone applied for this card on card on card basis. And what limit is required for that.
I got this on card on card basis and the required limit is 5l+.
They wanted the unused limit to be above 5L+
I got it purely on card on card basis. I furnished Citi Premier Miles Card worth limit >10L through its statement. Post verification etc, got a message that your credit card application has been rejected. Reached out to their customer care, and they promptly followed up on that. Got the credit card in 3-4 days
I applied this Card on CARD on CARD basis, Almost 15 days passed there is no update from standard chartered , followup’s to local SC representative he says its in process ,but no update still now where to contact for real status ? where to complain if any one can help ?
PS: I applied through branch on basis of CIti card having limits of 8L+
How do we apply for this card on “Card-on-Card” basis ? Do we need to visit the branch or can it be done online or any sms or any call to customer care or any email to customer care ?
@ Nitin Khanna
I also applied this card on card basis but my card is decline , I applied this on base of Citi card having nearly 11L credit limit, My credit score is 829 , no late payment and any type of negative remark in CIBIL , Still they decline , How you contacted to customer care and where ?
How you complain them about if you can help on this !
Hi Arth,
Please reach out to their customer care email ID ([email protected]) and mention your concern in detail. I got a call back and they asked for the exact SMS that i received for the decline. Seems there was some error at their backend, and they reinitiated the application with earlier submitted set of documents. You can try the similar way.
Thanks!
6 lakhs limits for card on card .
processing is fast.
Spoke to SCB. They said they can offer the card immediately as I already have their titanium card with 7.5Lakhs limit.
However, the Dineout offer is not available in Hyderabad which is a bummer.
After going through the features, I feel this card makes a lot of sense if you can make use of the 10000/- cashback on MMT. The renewal fees should not hurt as you get the Reward points and they have flipkart or amazon vouchers.
Has anyone been able to get this card life time free?
Dineout offer is now available in Hyderabad. (last checked: July 22, 2018)
One more question – is the 3.3% reward rate applicable for fuel as well?
What about fuel surcharge? I did not see any mention of fuel surcharge waiver on their website
Yes, it’s applicable for all the transactions as per now. Regarding fuel surcharge, I believe they charge 1%.
You get RPs for fuel but no surcharge waiver
They charge 1% fuel surcharge, but you get .75% back as per Govt scheme, and yes you get reward points as well.
Hi Priyesh,
I dont thinj you get 0.75%cashback. have used the card twice in June and July but didnt get cashback. 1%surcharhe levied, as per normal practice.
I got 0.75% cashback as per the government policy along with 3.3% cashback as reward points.
Use paytm: get 3.3% SCB rewards plus 0.75% paytm cashback.
I was thinking of applying for this and making this as my secondary card, currently Yes prefered is my secondary card and HDFC Diners Black primary. Will then replace the regular non 10X spends on diners to ultimate.
How you guys are doing it……
Thanks a lot.
3.3% reward rate of fuel is really good as none of the premium cards have this feature.
I spoke to SCB executive.. they are saying life time free is not possible.
Has anyone got this card LTF?
I got this card yesterday. Got it on the basis of my Citi Prestige credit card. Processing was fast.
What was the limit on the prestige card?
6.36 lacs
So looks like the new SC ultimate cards will be based on mastercard world platform vs the Visa Infinite they used to issue earlier. One advantage with Visa infinite that i could think of are 4 accesses to domestic lounges per quarter.
Any other pros/cons from experts?
Visa bookmyshow 1+1 offer.
Avis and Hertz offers are not in the Mastercard T&Cs file. Also, they have removed the eligibility criteria which previously stated an income of Rs 24 lacs. Looks like they are already devaluing the card.
Today, i got a new notification about SC ultimate card. Earlier it used to be 5 Rp for 150 , i wonder if this means, 25 RP for 150 RS spend? Anyone else got this message?
5X rewards on all your spends with 1 reward point = Re 1*
Guys,
Received an mail mentioning my SC ultimate qualifies for 5X rewards on all spends with 1 reward point = Re 1. Also there is no end date mentioned for this offer in the mail. Quick searching on terms and conditions also doesn’t indicate any thing on this 5X program.
Would be helpful if some one clarify on applicability (if any) on spend category, max spending limit, etc …at blanket spend offer seems to be too good to be true.
side note, verified email its genuine including all https SC links 🙂
From when is it applicable? Did they mention the start date?
They used to say something similar for another card too and it simply meant the regular 5 reward points. I’m pretty sure it’s only 5RP and not 25RP. I believe the email is just a general email that talks about the 5RP benefits (among others) and not a new campaign by them.
No start date mentioned. I checked on the rewards accrued its normal rate 5/150. Nothing is changed.
May be they worded it so intentionally – Just to create confusion.
It’s a coms thing, stating 5X rewards per INR 150. It doesn’t mean you get 25 points per INR 150.
ha ha – even I got confused when i got this email.
But then I went to the SC website and on the card page I found that they define 5x rewards for this card as 5 RP per INR 150 spent, which is the normal RP you get anyways on this card. So the reward rate remains 3.3% – it is just smart marketing nothing else.
Hi,
I am somehow not able to apply for the ultimate card from the SCB website. Whenever I enter my salary details which is above the minimum requirements I am shown the Visa Infinite or the Emirates as an option.
Also a CC agent called me up as I applied through a third party but no response yet.
Thanks
Pol
apply for any card in the web and when the cc calls you for confirmation, ask them to change card to ultimate card.
I got the card using the above method.
This card is now available in MasterCard only
Hi can anyone tell me about the ultimate supplementary card does it have lounge access via visa.. is it a seperate card number. I saw in thread that we have to spend 20000 for add on card priority pass access.
Thomas,
Me and my wife have different Ultimate card number as well as a separate priority pass for supplementary card. From what i understand the condition says the cardholder needs to spend 20k on their “respective” card to avail complimentary priority pass access. However will have separate lounge access via Visa, so domestic lounge access upto 4 per person /quarter wont be a challenge
Hi can anyone provide details about the ultimate supplementary card. Is it same card number like hdfc or different. Does it have seperate lounge access
From 6th August 2018 the eligibility for Existing SC credit card customers is Rs five Lakhs. They increased my credit limit to 3.5 lakhs and increased the eligibility. Hell with SC.
What is the eligibility now for getting the credit card on card to card basis?
I applied this card in july month but still not received , they are very unprofessional. given other bank credit card copy as they ask for in that card having limits of 9.87L. contacted branch 3 times personally but no proper response.
Their branch executive are worst in every way, I did not expected this type of service from standard chartered.
I am wondering if this is their service for new customer what will happen if problem occurs after I get Credit Card.
Had a strange experience at Coimbatore Lounge with SC ultimate (infinite) card. The transaction was declined for some weird reason. Luckily for me, i had a SBI elite which went through. It still beats me, why Ultimate cards are declined at the CBE lounge.
So far i have tried SC ultimate at BLR, & MAA lounges. It works like a charm there. Let me know if anybody had similar experiences.
Where is the lounge in Coimbatore Airport? I recently flew from Coimbatore but never seen any Lounge as such.
Aavachi is on the first floor after security check. It is a restaurant which has tie up with Visa, they offer a set menu and not a buffet just like other lounges.
Is it Domestic side or International side?
its in domestic. this is also listed in visa participating lounges.
I have applied for this card in middle of August based on my salary. The bank representative collected all the relevant documents and thereafter there is no communication from the bank. I did not get the application number as well. The customer care who spoke to me told that I am eligible for the card in the beginning, however when I call them now, they say it is under process. It’s been 15 days, do not know how and whom to follow up with.
Is anyone aware about the card to card eligibility for SC Ultimate credit card right now?
Since the existing SC credit card limit for upgrade is changed, I doubt the credit limit for Card to Card processing also might have changed.
I am facing the below problem with MMT Cashback offer:
I made my first transaction in MMT on 29th June for 11000 and booked hotel for October stay
I made my second transaction in MMT on 9th July for 900 and stay completed on July itself
Now I received 900 as cashback from MMT considering second transaction as First transaction as the second transaction stay is completed
Raised the issue with SCB customer care.So others Plz ensure that till your first stay is completed , don’t make any transaction in MMT till you get the cashback as it will land you in the trouble
Sounds like an important thing to note. Added it to main article. Thanks!
Don’t make a transaction with this card, right? You can still use other cards to book on MMT and stay before the said trip booked with SC card comes up.
Hi Moulin,
Have you applied through card on card basis, if so could you please tell me how much was your existing card limit.
Thanks
Finally, I have got the card and I was very happy with the whole process. It was quick and the credit limit given is also high. I have got 3 cards such as credit card, dine out plus card and Priority pass card all packed in neat envelop. The whole process took 2.5 weeks and I have the card in my hand in yesterday. I was expecting Visa variant, but I received MasterCard variant.
Overall I am happy.
Hi Anand,
Do you mind telling how did you apply for this credit card?
With ITR or Card to card?
If card to card, What is the credit limit required on the existing credit card?
For ITR, In the SC website, I just tried entering random salary more than 24 Lakhs per year, But even then the website always shows that you are eligible for other cards but not Ultimate card.
Hi Sharath,
I have applied based on my payslip. Just like you, I too entered my salary details on SCB portal, and portal showed that I am eligible for Emirates Card. But next day customer service called me to process the card, I told her I am interested in Ultimate card not Emirates one. I was short of 20k-30k for 2 lakh take home salary and CC checked with her manager and confirmed that I am eligible even though I was short by few thousand. I recommend you enter 2 lakh salary and when CC calls you, tell them that you are interest in Ultimate Card and if you are eligible they will be sending you ultimate card application to fill it and after residential verification you will get the card. Do not go with what portal shows, SCB online services aren’t good.
Aarush,
I am having Standard Chartered Manhattan Credit card fort years and I got offer to enhance limit to 3L
After that ,with the enhanced limit I applied for Ultimate card and received it
Additional Info:
Applying for Supplementary card id bit complicated when you compare with other cards
Unlike other cards,in SCB they consider supplementary card as separate and generate statement also separately
First time, i missed to pay the supplementary card due thinking that primary card statement is a consolidated one like most other credit cards
Thanks,
Mouli
After a long battle finally I got the cashback for my first transaction that is 10000
Got my limit enhanced today, by exactly 100% as a totally system driven process in exactly 6 months from the date of issue. The earlier limit was a ridiculous Rs 72k , even though I had applied on card-on-card basis (Citibank card with limit >10L). Despite several requests and inquiries , I was told that nothing would happen before 6 months are completed. For those 6 months, used it more as a debit card rather than a credit card, but thankfully now, it has been enhanced (probably owing to high level of expenses) by default
I applied for the card and the executive told me that I can get this card based on my HDFC diners Black (8 lacs limit). I provided the latest statement for the card. Shockingly, they are asking me to send a picture of the front of my card. I don’t think it is safe to expose your card digits and expiry month and year. Has anyone else faced the same ?
Yes, when I applied my YFP card , they too ask for existing card’s photo and you have no option but to provide to them. Just make sure they do not see the CVV number on back of card. In my opinion, they can’t misuse the card as they need OTP to process any transaction, which would be sent to your registered mobile.
This is the Best Card in Terms of Rewards and Benefits, Go for it.
OTP is not required on international websites. Just card number, date of expiry and CVV
Its normal for them to ask with Card-on-card applications.
It may get into wrong hands. Consider replacing your card after a month.
Yes right. Even SBI asked for a front picture of the card, so looks like a normal process. As a precaution, I have disabled international access (though CVV was anyway not exposed) and will get the card replaced after a month 🙂
Saksham
I work for HDFC Bank (Credit Card Dept). I have processed a number of applications. I have helped Standard Chartered South Head in applying HDFC Card through Card on Card basis. We do take the front copy of the credit card. Earlier I used to work with SBI Card. They have the same policies as in HDFC Bank. It is completely safe to provide only the front side copy of your existing credit card. But kindly note – They must not ask for the rear side copy of the card.
Hi Sid
Need to know if anyone SCB ULTIMATE card without joining fees. If it’s even possible.
Have they stopped Add On Card applications on this card. Wanted to understand how can they do it. Spoke to the executive as wanted to apply for an add on for my wife. Told her she is working and can submit ITR as well but he claimed that as a process only for this card we have stopped Add On?
Gaurav, you need to visit a bank branch and submit an application for a supplementary card.
Is domestic lonunge access free for addon card holders. Do we need to do 20k on add on also for international lounge access. Is this card worth applying…….i am about to apply for it card in card basis.
Yes, For any add on card the spend limit has to be achieved before free international lounge access is given.
It’s Free. Spend criteria is only for Priority pass
Finally got my ultimate card today. Applied card in card basis DCB. Got within 2 weeks of applying but limit is less than 1/4 of DCB. Its mastercard as they are not issuing visa these days. So now yes prefered will sit in idle till i get upgraded to exclusive. Was hoping to upgrade dxb to infinia but i think ultimate gives the same reward + i nees to pay more taxes for infinia per year.
Btw the packaging has card+PP+dineout plus card. So now i have dineout gourmet membership and plus both and to top it i have zomato gold and free invite for easydiner plus membership courtesy Amex.
Dear Prashant
What was the limit criteria they insisted on DCB? Plus any requirement for unutilised limit %?
It was Rs.5L on DCB. I had much more than that. No income docs required.
Also let us know how to apply on card on card basis apart from the limit required on existing non-SCB card.
Yes, unused limit should be greater than Rs.5 lakhs and in case of total card limit of Rs.5 lakhs, then usage should be less than 10%(that’s Rs.4.5 lakhs). But for existing SBC customer they’re asking for Rs.24 lakhs per annum or Rs.5 lakhs(~3 months ago it’s Rs.3 lakhs) limit.
Trust me MasterCard is better then visa card and if you travel and use your card at lounge they accept master + amex more happily then the visa
received offer from SCB. Spend 15K or from 5 oct-5Nov get 1% cashback and spend 85k or more and get 1.5% cashback. A perfect start for my ultimate card.
Article coming soon 🙂
Seems its a targeted offer,I haven’t received any communication.I make high spend on this card
Checked with customer care also and they confirmed the same
But T&C says:
Qualified Customer: The offer is open to “all” Standard Chartered Credit Card holders who meet the eligibility criteria
Wanted to clarify regarding the forex markup in this card. On my recent trip, all the forex transactions earned the regular 3.3% points in addition to the 1.5% cashback which comes in next month. Hence, it significantly outstrips the benefits of HDFC Regalia for forex transactions, giving net gain of 1.73%. Please see the calculations below and correct me if I am wrong.
Stanc Ultimate:
Forex fee: [3.5% (conv fee) + 0.63% (GST)] minus [1.5% (cashback) + 3.3% (reward points)] = Net gain of 0.67%
HDFC Regalia:
Forex fee: [2% (conv fee) + 0.36% (GST)] minus [1.3% (reward points)] = Net loss of 1.06%
StanC Ultimate is in the league of HDFC Infinia and/or YF Exclusive and not HDFC Regalia. If you compare Ultimate with Infinia, Infinia wins hands down. Even in the case of Regalia, you have not taken into account HDFC Global Value Program which gives you 1% cashback on all International spends; which in turn brings down the effective “loss” of using Regalia to a meagre 0.06% that is Rs.60 on 1 Lakh spend!
The options for redeeming reward points have reduced recently. No Amazon vouchers, flipkart also keeps going in and out. What do you guys think, is this card worth renewal 5K?
Definitely, it’s worth! Amazon and Flipkart get replenished from time to time! Its not like Yes bank which has permanently removed them! I have stopped using YFP card!
My biggest issue with credit cards is that we overspend. To counter this, we just park our monthly budget into a separate bank account and use from there. Stopped using credit cards these days.
However with all these offers, it is becoming hard to ignore cc benefits. I am getting this scb ultimate card as it seems like a net profit with the make my trip offer and i have some travel coming up invariably.
Questions
1. Can i set a lower spend limit on my credit card to ensure we stick to our budgets? Approx 50k-1L range.
2. Is MMT offer credited as Cash back into my credit card account that can be adjusted against outstanding dues?
3. Are there any good online offers with this card? I spend a good.l Deal online.
1. Need to check with SC as in App/online there is no option to restrict CC limit like, HDFC
2. Yes
3. Uber offer was good but now it’s not extended. There are few dining options along with dineout. You can refer SC website for details
CC representative told me that the Uber offer is extended till Sep, 2019 for Ultimate card. Terms and conditions remain same as the existing offer.
Uber offer is not extended. It was a global tie-up with SC which was valid in India as well. You can check SC website as well as Uber, the offer is not there in both places.
Uber has introduced Gift cards on Paytm and I think they would be providing offers through it.
I’m not sure which cards you own, but at least on Amex and Citi, you can put hard spending limit and/or notifications when you exceed a certain amount. Amex also lets you get periodic reports of current balance on card. You can use these tools to be budget strict.
I’m almost certain HDFC has something similar. I’m forgetting if it was for all spend of just forex.
Currently am working outside of India , so no Indian salary proof can be shown as part of applying any cards in India.
But my spendings are still there in India as well?
Can I just show another credit card statement without pay slips while applying for this as I am elgible for this as per card to card?
You need to be physically present in India to apply for the card, as you need to sign the application form. Even though you manage to apply online how are you planning to receive the card?
Intermittently I will be coming to India to sign the form and I still have house at India to recieve the card where they deliver cards by showing one xeros proof of mine.(Already did for my upgraded card for my Yes First Exclusive).
The problem here is they ask for latest Indian Pay Slips which I cant produce…but I have other credit cards where I can show as card to card.
They have removed Amazon and Flipkart voucher redemption from Ultimate card.
They haven’t removed.Seems vouchers are over and it will be again probably by tomorrow or in another couple of days
It happened in the past also
is there any communication for the same?? Vouchers are replenished time to time in the past…I redeemed 2000 Rs Amazon voucher last week also.
Cam someome confirm whether the domestic lounge access is free for supplementary card holders. I have world mastercard version.
Yes. It’s free confirmed with CC. You will get 2 lounge access per quarter for the supplementary card holder.
As someone here in the comments section posted that the reward points are capped at 1000 points per month. just want to confirm if this indeed is the case ? 1000 points per statement cycle doesn’t very rewarding for a Premium card.
No there is no capping.
Has anyone been charged with the annual/renewal fee on this card ?
Not yet. How about others?
Yes – I got it charged this month.
Awaiting corresponding reward points.
Amar, When was the card issued to you ? I mean which month ?
I got it in October last year
Ok. I got mine in September last year. I haven’t been charged any annual fee till date.
Was charged the renewal fee. Got it reversed.
Thanks Hari.
I have called CC and asked for a waiver, CC took my request and said they would get back through SMS.
SC Ultimate is my primary card and most of my spending in on this card, except when there is better offer on my other cards
Just got a response from SC. They declined to reverse Annual charges on SC Ultimate card. Anyways I was not that hopeful for reversal, although I have spent more than 8L on this card. I think Hari was lucky to get these charges reversed.
I was charged a weird amount of 4583+18%GST, wondering if its same for others?
Hello Hari,
How you managed the reversal of renewal fee on Ultimate? Do you hold any special relationship with Standard Chartered?
I assume if your got the renewal fee reversed then the renewal benefit of 5000 reward points was also got deducted. am I right?
Thanks
Do they restock Amazon and flipkart vouchers every week? I’ve been keeping an eye on the ultimate rewards page for couple of days now still can’t find Amazon or flipkart vouchers. Meanwhile there are vouchers available for other card points which are obviously priced much higher.
So one observation i had with the Visa lounge access program with SC Ultimate was , it doesn’t work in all the 31 lounges mentioned in Visa. I have tried swiping it at Coimbatore and Kochi and SC isn’t authorised there. However, my SBI VISA signature card works just fine in these lounges.
Salary of 24 lakhs per annum for new customers.
Credit Limit of 5 Lakhs for existing customers.
Their rewards points redemption list is different for Ultimate and other cards. While list for other cards include Amazon and Flipkart, they are missing for Ultimate card. However, they have some good gift cards like Bigbazaar, cleartrip, Chroma etc, which you can use regularly.
Rs.2K Amazon voucher is available.
Its out of stock again.
Yes, it’s stock out within few hours, maybe many users redeemed in bluk like I did.
Couldn’t find them now… 🙁
is it under ultimate tab?
Has anyone been charged for Renewal fees. My renewal was due in Sept but have not been charged in Oct and in Nov cycle. I am a little confused, do I call the call centre and check or keep waiting. I actually want to see what benefit would they provide as I have spent above 10L on this card
Hari, on what basis was your renewal fee reversed? Is it based on the spends on the card in the previous year? Thanks
I just requested them to waive it. They took the request and processed it the next day. I have 7 yrs of relationship with them ( only CC) and put most of my spends on this card.
Please check your statement again
Are you sure they waived it
For me they first charged it on statement day & then charged again few days later & then reversed that part
So just check if reversal you got is for original fee or they charged you too twice
If your fees is waived then it will be rare exception as SCB CC clearly told that for this card they are not processing any waiver
yes
Hari,
Did you get 5000 reward points after renewal, after reversal of annual fee?
Regards
GG
I’m not able to find Amazon/Flipkart gvs in Ultimate Tab for a long time. Almost everyday I’m looking for the vouchers to claim. Initially I thought they might be oos. But now I doubt whether SC removed those gvs completely from Ultimate rewards. Do anyone have any idea about this?
Rs.2K amazon vouchers were available on 15/11/2018 evening for few hours.
i enquired with the SC customer care and they informed that amazon/flipkart vouchers are disabled for ultimate.
I have redeemed 26K worth amazon vouchers on 15/11/2018, also my office colleague redeemed 4K worth amazon vouchers on same day.
Good for you. i am also trying to redeem 15k for last one month, but not successful.
Did you accumulate these points in one month? Just curious
Ohhh….If that is the case then no point in paying 5K fees for this card even though it offers 3.3% returns. AZ/FK gift cards were making this card value proposition!
Has anyone else called CC to confirm if its true?
i checked with CC, they mentioned that it is NOT permanently removed.
Flipkart vouchers available for Ultimate card
Checked with SC CC just now regarding Amazon/Flipkart GVs in Ultimate tab, they have confirmed that these GVs are not PERMANENTLY removed from Ultimate tab, but are just OOS and their Technical team is already working on this. May be in next month start they might come to stock as per them.
I am seeing Flipkart eVouchers (value 5K) but Amazon vouchers are still not available. Therefore the update of Flipkart/Amazon vouchers getting discontinued doesn’t seem to be true.
Yeah, I can see it, but I am looking for AZ GV as that from where I do most my shopping. I buy from FK only during BBD, as most of the times, AZ beats FK on price as well as Delivery time!
I too called CC and they told me these GV’s should be back soon. Let’s see!
Amazon vouchers 2K now available.
They are available under Instant rewards not under Ultimate Tab. Not sure why SC is not adding them under Ultimate Tab!
Either SC will limit vouchers or they’ll reduce the reward rate in long run. Banks don’t like people redeeming vouchers. Its against the reward points business model 😉
Absolutely! I sense they would soon devalue this card as its been a year since it has been launched! The 3.3% flat return on a card is unheard of.
I spend everything on this card as I know I get 3.3% return and can use it to avail AZ GV’s from where I do the bulk of my shopping.
In fact it’s not just 3.3% return but GV’s redemption options like FK and AZ make it a value proposition.
SCB had previously laucnhed Breeze Banking Credit Card with 10x rewards & 1 year later changing to 5x
They continued the card for 2-3 years post which finally they withdrew
So same fate would be met by Ultimate card as well
Also SCB had taken over Barclays but they let Times card go out of their pocket which was superb card for movie goers
They would only let me add only one Amazon voucher for redemption and unlimited for Shoppers stop or any other brand. Every time I redeem I think we would be charged Rs 99. Please correct me if I am wrong. that means if I have to redeem 10 Amazon vouchers I would need to pay Rs 990.
No! Those Rs. 99 charges for physical GV’s. For eGV’s like Amazon, there are no charges! Might be Amazon GV’s are not in stock, as most folks like me redeemed them!
If 3.3% reward rate is devalued and Amazon GV redemption are removed, I can bet you that the number of people applying for this card will come down and also existing card holders will spend their money elsewhere. Case in point being Yes First cards.
Just redeemed points for Amazon 2k vouchers… you guys may hurry up before it goes out of stock again
Till now this is a perfect card for me. Purchased a car with this. 3.3 % reward almost 30k. Redeemed with 20k FV and 10k Amazon. Also before the purchase got a message over 98k spend 1.5% unlimited cashback. So I am expecting around 13k cashback within Feb. Let’s see how long scb continue this reward rate.
WoW! You have taken to the next level! Car dealer did not charge you anything for using CC?
A few days back I bought Vespa and dealer was charging 2% for using CC, but then I booked from Paytm without any charges and got cashback for this booking as well as few coupons!
I had applied for 3 supplementary card. Received Rs500 bookmyshow voucher for 1 of them. Waiting for vouchers for other 2. The offer is applicable on online applocation.
Initially asked me 1.5 % charge for cc payment.. But as part of the negotiation managed to remove the charges.
[email protected] Gupta
Can u pls Tell whether the Supplementary card u received has same 16 Digit number or different?
Dheeraj
It has different 16 digit numbers and you can avail BMS Infinite offers additionally on supplementary card also
Even you need to make payment separately for supplementary card and statement will also be separate
Guys,
I am almost on the verge of applying for this card.
Since the card has joining and renewal fees, I am being extra cautious. My primary reason for applying for this card is redemption through Amazon or Flipkart vouchers but looks like availability of these vouchers is a pain.
Can someone please confirm how bad is this issue? I don’t think I can check the availability of vouchers every day in their website.
My decision will depend on this factor as the reward rate is very good.
Has anyone been able to get this card free? Or any way to waive off the renewal fees?
Till a few months back there were no issues with AZ/FK GV’s and whenever they were OOS they where added within a few days, but since a month or so they are added randomly and gets OOS fast, looks like they are adding very few purposely as they have added other options like Merchandise under Ultimate Tab.
I am also looking for the redemption of points and waiting for these vouchers to come. To be frank I am too using this card for AZ/FK GV’s as they make a lot of value proposition.
I tried for a fee waiver but could not succeed. Only Hari on this forum was lucky to get it to waive off and I think it was a mistake from someone from SC side and they realized later.
3/4 months before, it was not a problem but of late more people are redeeming these vouchers and hence out of stock most of the times. But anyway you can wait for it.
Renewal fees reversed for me by talking to CC
I have a question. The MakeMyTrip offer – Is it applicable for the FIRST EVER transaction on MMT or the first transaction made using the SCB Ultimate card? E.g One might have used MMT several times via other cards. But, will the offer be applicable for the first transaction via Ultimate card?
Its the first tx of ultimate card on mmt.
First transaction on SC Ultimate card. You can use old MMT account, as I have done same and got cashback. Make sure the transaction is for 10k or more to maximize the benefit
Dinesh,
Offer is for first transaction using Ultimate card in MMT.
Even if you have done multiple transactions in the MMT account using other cards is not an issue. All it counts is first Ultimate card transaction in MMT
The 1st transaction made using the ultimate card.
@Dinesh
The offer is applicable on the first transaction you do in MMT via Ultimate card no matter you would have already done some MMT bookings through other cards.
Please make sure to clear dues in each supplementary card individually and not at the consol level in the primary card. My primary account was showing less payment whereas i had made the payment in the supplementary card. The customer card took my request and transfered the amount to the primary account from supplementary account. This is ridiculous i was told that all the cards are basically separate card with shared limits.
Domestic lounge access: All the cards share the limit of 4 per quarter.
i have received limit enhancement offer with 6 weeks of card setup. limit increase by 1.5l.
Got my Ultimate card last week with a good enough limit of 5 Lacs. (Have a HDFC Jet with the same limit). Yet to start making the big spends on it. Let’s see how that goes. Being from Chennai the Dineout is a waste. Rest should all be ok.
1. Can anyone nonetheless tell me how the reward system works for instant redemption on air tickets? As far as HDFC is concerned they have a dedicated website for Infinia and Regalia.
2. Here for convertion too I saw only Jetairways as the partner. Are there more partners or only Jet?
I paid my renewal charges of 5,000/- in Nov but still waiting for the 5k points even though my Dec statement has already been generated. How long does it take for credit of those 5k points?
I got mine credited the very next day
I inquired from them and they keep telling me the credit of points happens in 60 days.
Hi Rohit,
Reward points credited to the account immediately in a day after the annual fee was levied. Also, the annual fee was ~4584 INR, not 5000 INR.
Regards, GG
That’s weird now, it was 5k for me plus GST (900/-)
Amazon vouchers are available. Just redeemed this morning.
how did i miss? i am checking daily multiple times… 🙁 🙁
Looks like you have to check for vouchers daily if you want to redeem.
Dont you guys think its such a pain for a super premium card?
I was deciding between this one and the Diners Black, decided to go for the Diners black finally.
Another advantage is that Diners black has a spend-based waiver for renewal and normally the first year is free.
It’s a good effort from Stan Chart. I will probably go for this card later if they can offer it life time free or with spend based waivers for renewal.
Amazon and Flipkart vouchers are rarely available. Now cleartrip, yatra and bigbazar vouchers are also missing. SC is luring and then trapping customers.
Amazon 2K voucher is available now(31/12/2018 9PM IST).
i am not able to click ultimate tab in 360rewards site.
if anybody has faced same issue?
Can anybody update me if there is an option to manage/edit/turn off your credit card or modify domestic/International limits etc. on an SC credit card?
No. Very few banks allow this anyway.
Just got by SC Ultimate card approved… Can anyone confirm whether we can book flights under welcome bonus and get Cashback of 10000. Or is cash back applicable only for Hotel bookings?
Flights are allowed as well.
Is mmt Cashback applicable for flight booking as well?
Has anyone booked flight and got Cashback of 10k?
Hello everyone,
Few quick questions:
1. I have applied for SC Ultimate card on card to card basis. I submitted the documents 3 days back. I am yet to get any verification call. I am just wondering if there will be any verification call or they will process the application without any verification call?
2. Will SC report the credit limit to CIBIL? As far as I have seen HDFC, IndusInd, Amex doesn’t report credit limit to CIBIL whereas HSBC, SBI, Citi reports the credit limit to CIBIL.
3. Did anyone made payment through CRED App for SC cards? If Yes, What is the turn around time for payment to get credited?
Looking forward for your support in getting answers. Thank you
SCB’s application status tracking is waste, even after receiving the card it’ll show as ‘Under processing’. So maybe you need to followup with sales executive(who collected the documents) to know the status, if you’re not receiving the card within 5 working days.
@Rashid
Yes MMT cashback is valid for Flight booking also. I made booking in MMT for flight(1st payment through Ultimate in MMT) for 8.8k and got full cb 40 days after the travel.
@Manikanta…thanks alot.
Just to share.. I am amazed at the speed of SCB. I applied for upgrade on my exiting SCB card and received ultimate card on 4th day.
@Sharathkumar
2. SC will report credit limit to CIBIL
3. I have made payments to SC card through CRED, it’ll get reflected by next day(if done on weekday)
Thank you @Manikanta. It was helpful.
Amazon 2000 vouchers are now available for redemption
Hurray! I got the SC Ultimate card today. The processing was super fast.
26th December 2018 – Tried to apply in SC online website, but the website was throwing error, hence left
27th December 2018 – Got call from application team, they applied online and got in-principle approval. Applied with DCB 5 Lakhs limit and Available limit was around 4.67 Lakhs. They have asked about available limit multiple times. On the same day evening documents were collected.
31st December 2018 – Received verification call
2nd January 2018 – Received approval message
3rd January 2018 – Received the card in hand
Also as @Rameshkumar said, The online application website still says that the application is under process. The website is funny.
They have given the same credit limit 5 Lakhs as HDFC card. I am so happy and excited to receive this card and this is going to be my primary card for all spends except Smart buy and 10x Merchants of DCB.
Thank you all for your inputs.
Is it Life Time Free for you?
@Siddarth, do you know of any way to make it LTF ?
It’s not possible to make it LTF AFAIK. May be if you are priority or private banking Customer of SC, they may consider such request I guess, Not sure.
hi Sharathkumar Anbu
I am also interested to apply this card can you share some information
1) you are self employed or salaried
2) Is ITR mandatory if we want to apply card on card basis
3)any relationship with slandered charted bank
I heard sc rejecting application without good reason , my friend got rejected his CIBIL was 829 and applied on card card basis card limit was 6.79L at that time self employed
its not LTF for any, as they are offering good joining benefit ok 10k from MMT and 3.3 % reward rate
It has been 20 days since I applied for this. Still showing under process when I track the status. I have no clue whom to reach regarding this. I have applied on Amex platinum travel with 5.5 L Limit.
The Ultimate card reward site is down since 2nd Jan. Always under maintenance.
Hi, It has been working for me…have redeemed quite a few number of GV’s in the last 2 days.
Is Ultimate redemption page working, as Parmeshwar mentioned t is showing under maintenance for me too, not showing any of the accumulated reward points since last several days?
I have applied for the SCB Ultimate card on a Card on Card Basis against my HDFC Regalia Card. I already have a couple of LTF SCB cards (Platinum Rewards & Super Value Titanium) both of which I have hardly used due to the reward rate.
I was going through SCB websites & some other websites. Some of the Queries that come to my mind and could not find any answer in the above discussions are:
1. Since Ultimate Card Reward points conversion rate is 1:1, do the reward points requirement for individual items on 360 Degree Rewards change once I have Ultimate Card? For example, currently Flipkart Vouchers for Rs. 500 needs 1950 Reward Points. Will this change to 500 Points?
2. One of the card review site mentions 20% Cashback on Uber rides till 31-Dec-2020. Can anybody confirm this?
3. Are Concierge Services chargeable (General question for all cards)? I never happened to use this service on any card.
4. Does this card have a Fuel Surcharge Waiver?
1. For Ultimate Card there is separate “Ultimate” Tab under rewards section. Where you would see the option of 2k AZ/FK GV’s for 2000 points
2. Uber offer is closed. So no benefits.
3. Never used so can’t comment. In fact, I am also looking for the answer for this.
4. Its generally 1 %, but I have observed if you fill petrol of less amount (like in Bike) say 400 or 500 they charge 2-3%. I called them to check and CC told me they don’t charge anything it’s the Petrol Pump swipe machine decides those charges, which I don’t think was true. Although you get reward points for fuel spends. Keep in mind if fill fuel for less amount its as good as there are no rewards.
I got my Ultimate card today. The Uber benefit is still open as per the benefits indicated. The offer expiry date is 31-Dec-2020.
As SCB Website, UBER Promotion Ended
I see new offer from SCB for OLA.
“Offer: The Offer means Standard Chartered Credit Card holders (“Cardholders”) who will spend a minimum of INR 15,000 on their credit card (all spends will included) in a calendar month only will be eligible to get a 10% cash back by using SCB credit card for making payment for their rides on Ola App; max cash back per month per client will be INR 300 (“Offer”)
Offer Period: 10th January 2019 till 10th July 2019″
Yeah they switched to Ola, which I am not a big fan! Uber fares are always less than Ola most of the times! Better buy Uber GV’s at discount from AZ and use them for payments!
Surprising because the Uber Offer I have indicated is printed in the Credit Card I received with the expiry date clearly mentioned as 31-Dec-2020. 20% cashback as against the 10% cashback indicated for the Ola as per the above message.
The condition of 15K spends per month remains as is.
It categorically says 20% Cashback on Uber rides in the benefits Pamplet received by me alongwith the card. Offer Expiry – 31-Dec-2020. Unfortunately cant upload a photo over here.
I also happened to have some 4000-odd reward points from my old SCB Card. Ideally, this should have been converted to around 1300 Reward Points when getting transferred to Ultimate. It didnt. I ended up getting two vouchers of 2000 Rs. each.
My Application for approved on the Card-On-Card Basis also assisted by the fact that my Salary Account is with SCB for the last 7 years. Again, from the Credit Card Number I am seeing on the Internet Banking Website, it is a Master Card & not a Visa variant.
I want to understand the scene of Domestic Airports Lounge access on the MasterCard variant. Does it work differently? Are the Lounges different or same.
Master is better for lounge access.. More lounge accept master than visa and master gives u unlimited number of access
Hey Guys! The ₹2,000 amazon vouchers are available, I redeemed my points for 10 vouchers yesterday – valid for next 12 months.
Thanks for letting us know. Redeemed 10K points. I hope to get vouchers as mentioned in 24 hrs.
Amazon 2k vouchers are available now @ 20th Jan 19.44
@Tejas how much is your existing regaliaa limit?
Also what min limit was mentioned by exec for card on card aplication of this card?
5 Lacs. They did not mention anything. Just asked me my limit on Regalia Card and then said I am eligible for the card-on-card upgrade. They gave me the same limit on the Ultimate card as Regalia.
I’m looking for a high value rewards return card since my Annual purchases go into 7-9 lakhs but my Annual Salary is 9L. Since, I’m able to spend this much because I cover in my family expenses and they help me pay for it.
Most of the high rewards cards I checked don’t make me eligible, I’m currently holding a Regalia First credit card with a decent 2.3L limit.
Please advise the best card for me that can return me the most for 7-9 lakh annual spends.
Amex MRCC/Gold/Plat Travel trifecta. Put all 10X possibilities on HDFC and rest on Amex. Upgrade Regalia to Diners Premium.
Wouldn’t yearly fees on Amex MRCC, Gold, and Plat Travel significantly reduce earnings?
And at what level does amex nowadays offer fee waiver on Gold and Plat Travel?
You can look at the SBI Elite Card which is slightly above the HDFC Regalia First. The Reward conversion rate is 4:1, but bonus reward points are quite good.
Spending 8L yearly, would get you 50K Bonus Reward Points (10K at 3L, 10K at 4L, 15K at 5L & 15K at 8L) which is equivalent to 17.5K Credit on statement. Crossing 10L annual spends reverses the Annual fee.
Two free movie tickets every month thru book my show (Maximum 500 Rs. discount if ticket price above 250 per ticket). This itself covers the Annual Fee, if you regularly go out for movies.
Reward Rate of Approx. 2.3%. If you cross 10L spends, reward rate increases to 2.7%.
Upgrade regalia first to regalia. Apply for amex travel card. Amex rewards card.
Hey Guys
need 1 credit card from SC , I am self employed and having SBI Elite with 6L limits , CIBIL is 819, Last time my application got rejected they did not give reason , wanted to apply one more time card on card basis , this time via online application if any one can give input for online procedure and others thing which help for approval of CC, here branch people are not helpful.I dont have any relationship with SC
thanks
Uber 20% cashback offer is still live but ONLY FOR SCB Ultimate Credit Card holders.
I indeed received for October month & I actually missed noticing it when the same was posted in December month.
Now SCB Team has confirmed the offer is live till Sep 2019 though their pamplets arriving along with add-on card show 31-Ded-2020. Still one can avail the offer on same terms as before ie min 15000 spends on card & cashback in 60 days.
I’m so relieved to hear that. SCB Ultimate seems to be a great card. They should be making users aware about this on going offer.
This is pathetic! They are promoting Ola in emails and website!
In fact, I started purchasing Uber gift cards from AZ @ 5% discount for making payments.
I have a question. Appreciate if someone can help 🙂
I have MMT BLACK membership. I have SC Ultimate card and I am not been able to use the 10K cashback joining benefit on MMT (current month is the last month to avail that benefit for me). I have diners black and due to 10x benefit I use smartbuy for flight and hotel bookings. Not the question is……that can I book any 10K flight on MMT….cancel it…..take full refund availing MMT Black benefit and keep 10K refund in MMT Cash plus wallet for future use????? MMT My cash doesn’t have any usage T&C and its just like hard cash lying safe with MMT. Please advise if in this case I will get ultimate 10K cash back or not. Thanks in advance for responding :-)))
You can’t. SC only credits cash back after travel date, so if you cancel you get nothing. It’s a one page T&C document, read it.
U seem to be intelligent but in this case SC trumps all of us 😉.
I recently got SC Ultimate card. Noticed that SC does not send merchant name in transaction alert SMS and email. Also, SMS comes after a long delay, sometime hours later. And email comes days later and sometimes it doesn’t even come!
Anyone else experencing this as well? Not sending merchant name is not acceptable.
You are right anshul. please check SC mobile app; you will get all details.
For Joining Benefit , Is it a credit card first transaction or first makemytrip transaction?
@Purna
Do any transaction at makemytrip using Ultimate card to get max 10,000 cashback
It can be any no. of transaction on your card but on makemytrip it would be first with this card so try to do upto 10k
Credit card first transaction
First mmt transaction.
I have a question – are the point credited in SC ultimate is on statement value or on per transaction basis ? My earlier Axis card credited on transactions basis which was a significant disadvantage. Also couldn’t find it explicitly mentioned in any bank website, because i believe it’s very crucial when evaluating cards
The Points are credited on a Transaction Basis and not on Statement Value Basis. However, SCB does count points per 30 Rs. instead of the 5 Points per 150 Rs. So effectively, you do not lose out too much on the points even if its calculated on a per transaction basis.
I use Ultimate card. SC calculates point on total bill basis only and not on per transaction basis. And even in total bill basis it gives 1 reward points per 150 Rupees. It is the best card considering reward structure alone.
The points are credited on Total bill basis. I use Ultimate card and I am pretty much sure about it. The card gives 1 reward point per 30 Rupees. That is an excellent reward rate and if you consider only the best card which can be used for everyday expenses too and even high rewarding.
I am very much happy to hold this card. 🙂
Standard Chartered credit card bills can not be adjusted through accumulated cashback.
Had accumulated a cashback of close to 5k on my SC Titanium Card and paid a month’s bill which was less than 5k
(around 4.5k) by redeeming the cash credit assuming the cashback would offset that month’s statement. The bank has imposed a late fee charge on the card or the mentioned month.
On questioning the customer care, I’ve learned that SC calculates the Cash Credit in the statement month when they were redeemed. This would mean the next months statement. Found it strange and completely different from what all other banks follow.
In a nutshell, always pay the amount that is mentioned in the months statement. Cashbacks or any money reversals in the payment duration period are not counted towards that month’s bill.
This is true for all credit cards I hold (Hdfc, icici, citi and sbi)
@ shivi not true for citibank. You can ask them if you like. Cashback is adjusted as payment in citi.
Has anybody used the 5X Reward Points offer for Insurance Premium Payments?
I received an SMS indicating validity till 31-Mar-19.
yes, i received it and using it .
Is this 5x offer applicable on ultimate card? Can you please post the message? Thanks
Is it applicabe for ultimate also as it already gives 5x points. I havent received it. My car insurance is due for renewal and HDFC 2 times reward points offer seems best at the moment.
the limit on existing stan chart CC is 4 lakhs for upgradation to ultimate cc
Got my Ultimate card few days back basis Card to Card. I have a Manhattan Card owned for more than 7 years or so. The limit earlier for Manhattan card was 3.6 lacs though they have been offering me to increase limit for last few years I never bothered as I hardly use anything more 50-60K from that limit so far. Anyway my initial application was not processed as it seems the limit was less than 5 lacs.
Then I opted for limit enhancement to 5.4 lacs for Manhattan and once I got the message that limit has been increased, I immediately applied and with 3-4 days I have received the Ultimate card with Dineout plus and Priority pass bundled. My shared limit remains same. Already have booked hotel for 16k using the card at MMT, but used a different account to avoid any confusion as I have used that MMT account to book other tickets as well, though used a different credit card.
Expecting to get the cashback once the hotel stay is over in March. One thing is good that the reward point reflects immediately, most probably by next day. So far so good.
Did you get VISA or Master variant ,?
want to use bookmyshow offer on regular basis which variant is OK as I understand only VISA is giving free ticket on bookmyshow
Yes the best part is the points are reflected next day and can be used for redemption. redemption is easy too and customer care has been good so far.
The only problem with SC is that primary and supplementary cards have separate dues in statement and need to be cleared in each card.
They do allow transferring the credit from one card to another just incase if you’ve paid the outstanding all to single card. You may need to call them for that though.
No need to call customer care also. There is an option available to transfer payments to multiple cards in Help & Services in SC Mobile app itself. That’s much simpler.
Flow follows:
Help & Services -> Card Management > Transfer of Payment – Credit Cards
Sid i did this in my first statement. But calling every month will be hassle thats why i clear dues separately.
Thanks anbu for infor will check that.
Hi Prashant, in my case i pay only agianst one card each month and SC automatically bifurcate the payment according to their dues very next day i pay. no call / mail, nothing. i have three cards with Shared limit.
Earlier back in 2007, it didn’t got transferred to other cards. But now, it is getting transferred to the amount of MAD. Also that option is there to manually transfer.
Checked my account yesterday got Uber cashback for the month of nov,dec and Jan credited. So the offer is still on as per the booklet sent with the card.
I hold manhattan and SC preferred world mastercard for 4-5 years now (not too much spend on those I admit). I hold Amex Plat Travel and Yes First Preferred so you can guess the salary range. I applied for ultimate and SC rejected the application saying does not meet policy. I am really disappointed. I mean who is their target market?
Nobody can guess your income range from the cards you have. There are more parameters than ITR alone that determines your eligibility for credit cards and it’s different for every bank. FYI, I hold Hdfc Infinia and Citi Prestige on a 3L/annum ITR as my primary card.
For an upgrade to SC Ultimate, you need to hold a SC card with over 5 lakh limit, if you are an existing customer of SC. This point is mentioned in the write-up above and discussed on many comments too.
Hey shivi,
How did you got citi prestige with just 3 Lac ITR or any citi card for that matter.
For infinia, you have upgraded from regalia. You must be holding high relationship with hdfc.
Hi Shivi,
Can you share on which criteria HDFC has issued Infinia to you if your ITR is INR 3 Lakhs per annum?
Curious to know as I am eyeing for this card.
if the existing manhattan card has 3L+ limit then they should be able to convert. Drop an email to the PNO guys if they dont 😉
Rs.10000 mmt joining benifit credited to my account today for stay in first week Jan.
I tried to apply scb ultimate card through online and website showed eligibility for manhattan platinum card generated application reference number for it. While submitting documents to the executive I made sure that if Im eligible for ultimate card or not , since I gave DCB card recent statement with credit limit of 690000 & available credit limit of more than 600000..the next day I got telephonic verification call & 2 days later physical verification was done..
Since then there is no update for 10 days, I have enquired with scb customer care executives in meantime but its of no us , as they didn’t get any of my details even after giving the app ref number, email id, phone number or pan number too, then I was asked to write a mail along with the screen shot of status shown with app ref number on scb website that generated for manhattan platinum card .
After writing a mail to [email protected] & [email protected] I got reply that my application was rejected because it does not meet bank policy norms.. I wrote a mail again asking for the exact reason since I m eligible for ultimate card & made sure before applying for this card, but again got a reply with this message “we are unable to offer you the credit card facility due to Bank’s internal credit policies”.
My cibil score is in excess of 800 & I have zero payment failure over past 8-9 years..
When I applied for Ultimate card online, I was told that I am not eligible. But agreed to provide on card on card basis. I submitted the required documents. I got a call yesterday for verification and was told that I am not eligible. I told him that one of your representatives already confirmed that I can get the same on card on card basis. He said that if our representative have told you so then it should be fine.
It seems that their customer support/sales team are not aware of their internal policies. Now I have doubt if I will get a card or not.
Update: Got the card today with 5L limit. Also got the PP and Dineout Plus card.
Hi Ashwin,
How is the DCB card. how do we apply for it. is it the payless card or any other card.
could you help me out with the benefits it has??
It’s hdfc diners club black , it’s good for 10x rewards
My plight:
I hold a salary account in SC and so got SC Manhattan card(never used it much), but I felt the loss when I had to spend close to 4Lakhs in local shops and they accepted only MasterCard/VISA. I got only around 10K points which are far less of value. As soon as I cleared my bill, I immediately decided that I want SC Ultimate and contacted my RM.
Problem is I wanted it for free but they just wont agree, instead during all ongoing negotiations, I started getting spamed with stupid loan calls, insurance, demat, and what not. But never got it for free! Can anyone tell me the trick to get it for free ?
SCB Ultimate is not available for free.
It is for free only indirectly. U pay fees u get the points for fees paid. If you are a heavy user you will easily recover the fees in terms of offers.
very less possibility to get it for free. but the rewards i got from this card in terms of Amazon/flipkart outweigh the annual fees.
I haven’t seen any one having the SC Ultimate as LTF and I don’t think you can it as free also
But it worth paying the fee
having SC Manhattan card above 5L limit , how can I get Sc ultimate card , I dont know how bank issue one more card to same customer
I have to upgrade or I have to give new application did not understand the process
contacted RM but no progress,wasted 1 month have visited 5 to 6 times ,yes 6 times even to get form I have to visit 3 times here Slandered charted bank officer are totally unprofessional , incompetent & purposeless, Even government worker are more helpful than this Slandered charted bank officer . at last searching for solution and found this , so much information share y so many user good work
You just need to call SC customer care and they will be able to take up your request. You do not need to fill any form, and you will continue to hold your older SC card(s).
Hi Sid,
I hold DCB, YFE (LTF), Amex PT & SBI Elite among 9 cards.
I recently got an SC Ultimate card but a MasterCard World variant. When I asked the phone banking, they informed that visa infinite variant has now been discounted for new cards issued.
Kindly update your article for this development, as all visa infinite benefits (incl. BMS) are now not available. Please also tell us about any benefits if available for MasterCard world platform.
Regards,
Himanshu Aggarwal
I am following this blog since a long time and Thanks to Siddarth. By the courtesy of this site my cards are upgraded from a long back Allmiles to – DCB, and also hold YFP, and few others.
Why should you go to this card if you already hold DCB. ?
As you are aware of the fact that you will get worth 33% rewards on transactions on either Amazon or Flipkart through smartbuy in the form of rewards.
So the real value of your 10000 cash back, if redeemed for Amazon or flipkart is RS. 6666 only. ( just imagine if you purchased the same product worth 10000 with your DCB card and you get back worth Rs.3333 in the form of rewards). And you are paying about Rs.5900 as joining fees. And while booking on MMT you will end up paying some convenience fees etc. so there is no real joining benefit.
The same calculation for renewal also. Out of Rs.5900 you pay, you are getting 5000 rewards worth Rs.5000. If you buy a product with DCB for Rs.5000 you will get back rewards worth Rs.1650 reducing the price you pay to Rs.3350. In other words for a product worth Rs.3350 , you are ending up paying Rs.5900 by obtaining this card. There is no gain and in fact loss only.
Even if you think that you got the card free, the same calculation applies to points redeeming on Amazon or flipkart. The real benefit is not 3.3%. Its just only 2.2%.
This card is worth if they run either other offers like 2X or 5X rewards etc. And for other benefits like Lounge access etc. of course.
So to conclude – in my opinion -this card is not useful if you hold DCB or equivalent card and till there is 10X rewards on Amazon and flipkart.
Please give your opinions on this and correct me if I am wrong.
I dont agree. This is a perfect back up card for dcb. The fees is worth paying. Joining benefit is more than the joining fees. They run frequent offers. Many places where dcb is not accepted including online this can be used. Its better than yes prefered. Infact everyone should have atleast 3-4 cards- dcb, ultimate, amex and any visa signature or infinite for bms offer. This will cover your master and visa lounge accesss and offers and priority pass too with amex offers also.
Hi Chalam,
It’s not only about 10x rewards. You may not be spending always on 10X partners or Smartbuy every time. I do lot of offline transactions too some times even for values around 100 Rupees, 50 Rupees etc..
SC Ultimate gives reward points on prorata basis on your spends. Let say if you spend 120 Rupees, you get 4 reward points whereas in HDFC you will get 0 reward points.
Also the reward redemption in SC is currently excellent with lot of Vouchers like Amazon, Flipkart, Big bazaar, Lifestyle, Shopper stop, etc.. which other credit cards doesn’t give.
It’s really a great card to hold considering the reward rate alone. Apart from that it gives unlimited Domestic lounges access to Primary as well as Add on card holders.
The reward rate itself will pay more than it’s fee.
Amazon Gift Voucher are equivalent to real cash, you can use on amazon pay. HDFC 10X doesn’t cover amazon pay balance. This card is good companion to DCB with good offers.
Agree with all the comments. SC Ultimate is a good backup of DCB….Although the 10x is getting extended in every calendar quarter….you don’t know when they stop and terminate 10X. Well….THANKFUL to Sid and this blog. I have three premiums – DCB, SC Ultimate, and Citi Prestige – and I am getting addictive of the mind game of where to use which :-)))….not to miss CRED App rewards as a topup!!
@chalam,
You get additional 2% extra if you’re enrolled for Prime Rewards. So I would value the reward rate more than 3.3% and I would value around 4.25% or so. Further I would value Amazon Pay balance more than even cash since I can get additional cashback on Amazon or partner sites.
Don’t forget the other features of this card:
1. Unlimited domestic lounge access for primary and secondary card holders
2. 20% cashback on Uber rides.
3. Prorata reward redemption
4. Better reward rate after even all the charges due to the cashback
5. Reward for all transactions including fuel, insurance, wallet loads and utility payment
6. Near 100% acceptability unlike Diners or Amex or even RuPay cards.
7. Dineout Plus complimentary membership
I would be applying to this card shortly (will be my 9th card).
What do you mean by enrolled into “Prime Rewards”? How did you arrive at 4.25% Reward Rate? Please give more details.
Where did you find “Unlimited Domestic Lounge Access for Primary and Supplementary Card Holders”? Please clarify.
Well he meant this..But I do not think anyone using DCB would be considering this.
Hi Abhishek,
Mastercard variant of Ultimate provides unlimited domestic lounge access to both primary and supplementary card holders.
I have supplementary card holders for all my family. Whenever we swipe the cards in lounge, Receipt always says limits left as N/A which implies unlimited access on the card (Similar to Diners Black)
1. Unlimited domestic lounge access for primary and secondary card holders
ITS NOT TRUE, i hold SCB ultimate
Its not true its 4 per quarter shared by both primary and addon as per customer care.
@Abhishek Roy,
I was referring to the Amazon Pay’s auto reload of Rs 1000 or more and get 2% as cashback on every Amazon Pay order on Amazon purchases. So it would increase the value of points to 3.3% + 2% = 5.3%. However, I may not value those at face value since that 2% is not applicable for Partner sites, Kindle, etc. I took the average of 3.3% and 5.3% which comes to 4.3%. Again, since Amazon vouchers in demand and not always available I would value at 4.25%. This was how I arrived at that valuation. 😀 Valuation is more art than science so you may have a different valuation than I do.
Regarding unlimited domestic lounges, I was referring to Sharathkumar Anbu’s comment. Even if it is not unlimited not many cards would give lounge access to supplementary card holders.
Only bummer is that it is issued in MasterCard World and not Visa Infinite. If unlimited lounges are offered under MasterCard, then fine.
Master card variant has unlimited domestic lounge access for both primary and supplementary cards.. I have been using it for last 4 months.
Thanks Guys,
in fact i didn’t much explored the uses of amazon pay till now.
now i understood.
Will apply with my DCB which has 6.5 Lack limit.
Dude, this card gives me reward points for wallet loading as well. When I need sudden cash like (50K around), I use this to load the payzapp wallet and trasnfer that cash to my account. HDFC payzapp charges 2.36% as the charges to transfer to bank(including GST). Even after that I am left with .97% as gains(3.33% – 2.36%).
Sharathkumar Anbu summed it up nicely for me..
Question remains that since they have stopped issuing VISA Infinite variant (as per their phone banking), do we get comparable benefits on MasterCard world platform ??
@ Sid :- Kindly update your article for this development, as all visa infinite benefits (incl. BMS) are now not available.
Regards,
Himanshu Aggarwal
This is a perfect back up card for DCB, replacing the place once held by YFE in my kitty. Limited acceptability is always an issue with DCB, though it is improving fast…
I was unable to comment much on any of threads involving SC, Amex, Yes, Citi etc as I was staying in a Tier 3 city and these cards were out of my reach. But I could manage to get DCB, ICICI Jet Sapphiro and Axis Vistara Infinite over the years with the help of our dear Siddharth and this website.
Now I’ve moved to Delhi last month. Applied for SC Ultimate two days back and documents were picked yesterday. They said they will give me this, on a card on card basis (on DCB). Will update my experience soon.
Also applied for AmexJet card which is easy to get being Jet Platinum. Will dig more into Amex portfolio later.
Now Citi and Yes cards also on the radar.
Anoop,
Welcome to Delhi. I also wanted to apply for SCB ultimate. Which card you gave and what limit you have on the card?
I applied based on DCB limit of 9 lakhs. It is still in process. Had a verification call two days back.
I followed up through email. Got reply saying that they cannot offer me a credit card due to internal guidelines. Already requested them to inform me which criteria I could not meet.
Was planning to shift all the expenses from my co-branded SBI card to Ultimate. Now I need to look for Yes or Citi.
Hi Amit,
is the conversion from points to amazon voucher is 1:1 ?
@Srikanth
Yes SCB Ultimate reward redemption ratio is 1:1
For 2000 points you get 2000 worth Amazon voucher
For long time they have not brought Amazon 1000 voucher
They only refill Amzon 2000 which keep going out of stock pretty fast
This time it remained for 2 weeks & went out of stock today 08/03/19
Yes, in SC Ultimate card all conversion from points to vouchers are 1:1
I applied for Ultimate Card via Card on Card application through SBI Elite of limit 6.54L. Despite having a CIBIL score of 780 & no late payments as on date, still it got rejected.
The executive who applied for me is saying I’m failing in my DBR score as I hold 7 card accounts. I can’t really find a reason for rejection.
Can someone please help me out ?
Official confirmation email from Uber regarding Uber 20% cashback offer extension :
Under the offer SCB credit card holders who spends more than INR 15000 on their credit card (all spends will be included) in a calendar month only will be eligible to get a 20% cash back by using SCB credit card for making payment for UBER rides.
Minimum spends on credit card in a calendar month to be eligible for the offer is INR 15000
Maximum cash back per month per customer will be INR 600
Multiple Standard Chartered credit card offers at Uber cannot be combined together, unless mentioned otherwise.
Transactions that have been successfully processed would be considered. (International Uber Transactions are Considered)
Note: All SCB credit cards will qualify for the campaign till 30th Sep’18 and only for For Ultimate card holders, the offer has been extended till 30th Sept’2019.
I have Standard Charted Super Value Titanium card with CL of 4,54,000 which I’m holding for >3 yrs … I want to upgrade for Ultimate card.
Customer Care folks said that for existing customers, the credit limit on SC card should be >5lacs to be eligible for applying for this card … I do have other cards (SBI Elite & HDFC DCB) with CL >5lacs … I also meet their salaray criteria of >18 lacs / annum … Even then I can’t apply for the Ultimate card on card to card basis or based on income docs (insane!) – as I’m an existing customer … Any tips on how to get around this?
P.S: I checked for limit enhancement, they said no offer is available on my card … I’m gonna send the salary slips and try for CL enhancement. Let’s see
I had a Manhattan card with a limit of Rs 2 lakhs and faced the same problem. So, I got that card cancelled and got an Ultimate card with a limit of Rs 5 lakhs on a card on card basis from a non SC card with a higher limit.
Since you are on verge of 5 L limit try the online link for existing Cardholder, there is one option to request LE also just click that, they will verify your card with 1 Re. Chances are fair you may be approved. Sales team is better than Customer care.
I got mine on Card on Card, without cancelling existing Super Value, got approved with shared limit of later.
Update:
I sent an email to them with income docs for limit up gradation – but it got rejected!
In parallel, I applied for upgrade on the website with Re 1 authentication on Saturday to try my luck … To my surprise I got my Ultimate card yesterday (in 3 working days – phew!) which I wasn’t expecting … Both the cards are visible on my account with the shared same credit limit.
Bonus: I had >5k points on my Super Value Titanium card – usually the value of points in that card is less … But, I was able to redeem it for 5K Flipkart vouchers under the Ultimate section – wooho … Seems all the bonus points are grouped and you can redeem from Ultimate catalog even for points accrued on other SC cards.
If you have existing SC credit with lot of points, it is worth applying for SC ultimate and redeem the points in Ultimate catalog for better value (1:1)
Thanks everyone for your suggestions.
Hi Mohan
Can you elaborate on how you were able to redeem 1 RP earned with super value titanium for Rs 1 in ultimate? I am not able to do so.
You can apply card on card basis i did that. I had landmark rewards card with Rs.1.9l limit, but i applied for new card basis hdfc dcb and it got approved. Just go online and apply for any card and later tell customer care that you want ultimate.
Hello All,
I’ve recently started reading cardexpert and am blown away by the knowledge of Siddharth and members. I’m trying to upgrade my cards and stumbled upon cardexpert through google.
I was considering applying for SCB ultimate before the devaluation of Yes bank cards was announced. Now that yes bank is getting devalued, does it make ultimate the no.3 card to have after Infinia and DCB?
I’ve Regalia, Citibank premier miles and amex MRCC. All ok cards and no great card. My annual spend is about 8-12L on CC. I’m a preferred customer with HDFC and am in touch with my RM to upgrade my regalia to Infinia.
If I get upgraded to Infinia, would it still make sense to get SCB ultimate?
I’ll be closing Citibank premier miles regardless. I hope you’ll help me make a good choice.
Thanks,
Mohit
Infinia is same as ultimate and infact better with bms offer on visa infinite and have 10x on smartbuy.
SC Ultimate too is on Visa Infinite Platform so BMS offers apply to that card also.
SC ultimate is not issued on Visa infinite platform. Its on world mastercard.
It started off on the Visa Infinite platform. Read the review paragraph and initial comments. You can still get it on Visa platform.
SC Ultimate is no longer issued as Visa variant. Only Mastercard now!
I got it changed to Visa Infinite variant last week. Insist on Visa; you can say MasterCard doesn’t work on some sites or at some of your favourite places in the States, Japan, Malaysia, Thailand to name a few 😉 (research on Google about the non-acceptance on MC worldwide)
It is true, SC is no longer issuing the Visa Infinite variant of the card, I applied for the card and got the MasterCard World variant instead. I’ve been following up with the bank since past 2 weeks to get the Visa variant, but no luck so far.
Any tips on how to get it, besides the ones stated by Shivi?
Any help will be really appreciated.
Also, does having the Visa infinite variant really makes a groundbreaking difference?
Hi Shivi,
I tried to get the ViISA variant citing the reasons shared by you
“I got it changed to Visa Infinite variant last week. Insist on Visa; you can say MasterCard doesn’t work on some sites or at some of your favourite places in the States, Japan, Malaysia, Thailand to name a few 😉 (research on Google about the non-acceptance on MC worldwide)”
However, the customer care helpline is saying the bank has stopped issuing VISA variant. Are you sure that you got the VISA variant in the first week of March 2019, if yes let me know how you approached the Standard Chartered to get the VISA variant of the Ultimate card
1. Customer care helpline
2. Raising request through email
3. Any other channel.
Thanks
@ Mohit.
The redemption option on Infinia give you best returns only on Hotel/Flight/recharges & 1 RP is also 1 Mile if transferred to any Airlines club. Ultimate has redemption Vouchers from Amazon and FK and not just limited range like that of Infinia! Plus, Ultimate gives you RP on a pro-rata basis, unlike Infinia. Infinia works wonders on the SmartBuy platform with a whopping 33.33% RP return along with PP for Primary and Add-on card members without any conditions attached to its use (SCU has spend based PP criteria). Infinia also gives you 1.97% Reward rate over and above the Fx markup fees, the best in India.
Coming to your CitiBank PM – That card enables you to get Citi’s most prestigious card in India (not counting UI) that is Citi Prestige. Now that gives you up to 15%~ returns only if you are CitiGold client with CitiBank and take multiple trips in a year to APAC countries.
So it just depends on what you are looking for. If you want Airlines cards then you can shift focus to SBI Etihad, SCB Emirates, SBI Air India, Axis Vistara etc.
“I’ve Regalia, Citibank premier miles, and Amex MRCC. All ok cards and no great card” – You have great cards, just narrow down to WHAT YOU need and go through the write-ups on the individual cards in the blog. SBI Prime is a good card for many as is the newly launched ICICI Amazon Pay.
@Shivi
Thanks for the detail reply. I’ll wait to see what my RM can do about Infinia. Based on that will apply for SCU. I don’t have much international travel, so prestige isn’t what I’m eyeing honestly.
Thanks
All,
I am planning to apply for this card as Yes Bank has devalued the Yes First exclusive card. I use Diners black for 10X offers. For everything else, this looks to be the best card.
I have an existing SC card and I am eligible for upgrade.
I understand that I have to pay joining fees but is there a way to waive of the renewal fees?
This is the only issue I have with this card as it does not have spend based waiver for renewal fees.
Please suggest
Hello… Can I use my REWARD points of Ultimate card to book air tickets like its for Regalia and DCB?
Hello All,
This question is for those who have the “Ultimate Card” of Standard Chartered.
What is the look and feel of the Ultimate card? does it look exactly the same as in the picture or it is dull like some other cards which look nice in picture but the real cards are dull.
It looks really good infact a premium card exactly in picture.
Better than in picture with gold embossed as like Regalia. Better than DCB which has silver embossed.
Hello Friends,
I have received the card after long followup with my RM, it took nearly two months to get this card. As Prashant and Chalam have shared the card looks really good and the features are also at par with super premium cards. However, the Priority Pass feature is not at par with other super premium cards. One complimentary access per month with a caveat of spending INR 20,000 in the previous month on the respective card doesn’t look a super premium feature. They could make it unlimited or 12 per year with a spend of INR 2,40,000 per annum on the respective card.
Got this Card in 13 days after applying offline on card on card basis with my DCB 6.2 Lakh limit and received 5 lakh limit. Will give an upgrade trial to my YFP which should go into storage.
Sadly there is no option to disable international usage / set limits like HDFC in net banking with this card.
Btw …in Amazon pay there is a option to convert amex reward points into Amazon pay balance. Did anyone tried it ?. what is the conversion ratio.?
Hi
I have a query if someone can help.
If I book 10k hotel on MMT, cancel it on MMT and get refund in MMT wallet.
Will I get cashback in this case as I technically did not reverse the transaction but cancelled the booking.
Please update
Technically yes but the cashback condition says within 60 days from travel date. Dicey i must say as you will not be travelling. As i booked my stay 2 months in advance and got cashback after the stay so they might be coordinating with mmt i guess.
cashback is processed only after the stay/flight date, which means SC has internal means to get the data from MMT.
Hi,
I have a citibank rewards card with 3L limit. I want to apply for the ultimate card. Which way would be better:-
1) card-on-card.
2) ITR based.
I have no previous relationship with the bank
Thank You.
You can’t on card to card with 3L limit… You need at least 5L limit for that. Apply if your ITR is 25L otherwise find a card with higher limit
I received the Ultimate Card today!
22nd Feb: Applied on the bank’s website but it said I’m not eligible for the card based on my ITR but suggested other cards. I choose to ignore. Received call back from SCB where I said I wanted Ultimate Card only and my limit on Amex Plat Travel is Rs 4.68 lakhs. They confirmed that Ultimate is possible. They took all my details (PAN, Company, ITR, etc) and fed in their system. Also got provisional approval (there is a twist here!). Since my Amex statement would get generated on 13th March only, I had to wait before submitting the forms and documents.
13th March: Submitted the Amex statement along with the card application and KYC documents.
20th March: Received SMS about the benefits of SCB Manhattan Platinum Card! Later in the day, I also received the courier. Called the SCB team to tell that this is not the card I’d wanted. They expressed their inability to do anything now. Later I came to know that the provisional approval was for the Manhattan only maybe since my limit was not over Rs 5 Lakhs. The biggest surprise was the limit on the Manhattan was Rs 5 Lakhs. So I can apply for upgrade to Ultimate!
21St March: Applied for Ultimate upgrade and request was taken and Manhattan blocked and closed.
25th March: Received the Ultimate Card!
Hi MAA-TRAVELLER,
I applied to the Ultimate card through the c2c process. The Credit limit is Rs.570000/-. The available limit on my HDFC Regalia CC was Rs.270000. But, it was rejected for some reasons. Later the cc executive called me and asked to submit the Salary statements. But, I couldn’t do so as I couldn’t meet their criteria.
I feel that standard chartered isn’t generous in issuing the cards. They rejected my application twice. Everything was ok. Cibil was ok. My every payment is on time. Could you please tell me about your available limit and other cards?.
Thank you
@ ARR,
My approved limit on my Amex Plat Travel was Rs 4.68 lakhs however I choose to pay early so that my available limit was more than Rs 4.5 Lakhs at the time of statement generation. It was commented here that at least Rs 4.5 lakhs of free limit is required. So you can make sure that available limit is over Rs 4.5 lakhs before applying again.
I have the following cards:
1. Amex Plat Travel
2. Amex MRCC
3. SBI Prime
4. ICICI Jet Sapphiro Visa
5. ICICI Jet Sapphiro Amex
6. ICICI Amazon Pay
7. Citibank Rewards
8. Yes First Preferred
9. SCB Ultimate
😀
@MAA-Traveller
Would you mind sharing what was your ITR? Mine is 12 lac p.a. I have a Regalia CC with a limit of 4,80,000/-.
Hi ARR,
SC expects available limit to be around 5L as far as I know from what the sales executive told me. If your total limit is 5L, available limit should be around 4.5L.
Hence try later with better available limit.
I got my ultimate card a week ago with 5L limit. I do not hold any other credit card but I do have my salary account with stanc for the last 3.5 years.
Hi Anks,
Request you to share few details on this
1. You stated that your salary account is with Standard Chartered, I just wanted to know weather you fulfill the income criteria of INR 24,00,000 per year or your income is less than this criteria? If less what was the gap between the stated criteria of INR 24,00,000 per year at the time of applying for this card?
2. How you managed to get this card? applied through online, customer care call center or offline through a branch? If you have salary account then you must have a salary account manager, was your manager played instrumental role in getting the Ultimate card?
3. How much time it took to get the card ?
4. have you paid joining fee and have to pay renewal fee later or the card is life time free (LTF) for you?
A quick and detailed response would be very helpful.
Thanks
Hi,
I do meet the salary criteria of 24 lpa.
I applied online.
It took a week to get the card.
And i have paid the joining fees.
Thanks,
Anks
I have paid renewal fees 5000. There is no reversal but when do we get the 5000 points for renewal.
Same issue faced. Fee deducted 5k, but 5k points still not credited? Is the renewal benefit still there or some change?
Ok finally got 5000 points. Didn’t pursue with customer care.. Just waited. 5000 points came in rewards
Hello All,
Again this question is for those who have the “Ultimate Card” of Standard Chartered.
5 reward points on every INR 150 spent (1 Reward Point = Rs.1)
Is there any exclusion or * attached to it? Do we get same rewards for loading cash in wallets like paytm,, amazon pay or forex card reloads?
Hi Rajeev
No exclusion. Maybe fuel.
Does anyone know how long SC takes to send evoucher on email?
Amazon vouchers available.
Not even fuel. Completely no exceptions on the Reward Points accumulation.
I usually get it in max 2 days
Visited Standard chartered website. Opened the chat box and chatted with a representative. He said i can get it provided i have limit of 4L on another card. I have Regalia with 3.9 lac limit. Should i apply?
@ Dr Patil,
In short, don’t apply now. Please go through my experience a couple of comments above. I’d 4.68L (free limit over 4.5L) and still wasn’t approved for Ultimate although I eventually got it as they approved 5L on the Manhattan card and instantaneously applied for upgrade and got approved for SCB.
Hello Sid / SCB user
1. I have DCB with 5 L limit. I think I am eligible for ultimate.?
2. I understand if I apply for this card I have to use 10000 in MMT. But I have no plans to book a hotel or ticket in next 90 days and that too one transaction. Should I wait and apply when my requirement arrives or another approach is I apply for manhattan ( and if they issue 5 L limit after enclosing DCB statement. ) and I upgrade to Ultimate whenever I require as I read above Manhattan with 5L gets eligible for Ultimate and upgrade is phone call away.
But the risk is if they do not issue 5L on Manhattan.
Please suggest any better idea
Just as side note I have AMEX Plat with 3L.
UPDATE : You can get SC Ultimate Credit Card based on your existing credit card from other bank with a minimum credit limit of 4 Lakhs on it.
Hye Abhishek…is it upgrade from current SC card or card of any bank for 4 lacs
Card from any other bank.
I was looking at 360 rewards on SCB site , amazon vouchers didnt show up , i saw cleartrip 1k voucher for 3950 points , if you back calculate , it works out to 1,18,500 spend making the reward ratio a measly 0.84% , then read through the SCB ultimate card portal , where they say the MAXIMUM benefit is 1point = Rs 1(reward rate 3.3%)
My doubt now is , how many options are still available which are redeemable at 1point = 1 rs , and being an infinia card holder , is it worth putting time behind this card , as on date of asking in this comment
There’s a separate section for SCB Ultimate card users on the site – there, Cleartrip vouchers for Rs 2000 are available for 2000 points. Similarly for Amazon, etc (Amazon not available at the moment there though).
Hi Siddharth, I am a huge fan of yours. You are doing an excellent job and providing great tips and trips and your thorough and detailed reviews about everything available in the market these days.
I am a credit card freak, so seeing your review on the ULTIMATE CREDIT CARD, I went forward and got it.
But in the recent times I am feeling, they are depreciating the value of this card by reducing the options where one can redeem their points.
Some of the rewards namely, which no longer exist on the portal are:
1. Amazon e voucher
2. Flipkart e voucher
3. Book my show vouchers
4. Make my trip vouchers
And many more
By doing so they are reducing the options for the customers to redeem thr points on.
Thanks .
Is this confirmed ? I will pull back my application if true
Some of the Currently available vouchers
1. Mmt
2. Yatra
3. Big bazaar
4. Arrow
5. Westside
6 cleartrip
7. Croma
8. Shoppers stop
Sigh of relief
@varun , what all options now exist in 1point = 1rs reward ratio ?
Big Bazaar
Arrow
Croma
MMT
Yatra
Generally they add new coupons between 3 -7th of every month and these coupons vanish in 2-3 days
Few questions
1. Do you know what is the expiry date of points earned ? e..g Diners black is 3 years
2. Is there any card which matches 3.33% reward rate apart from this card or DIners black ?
HDFC Infinia has 3.3% reward rate.
I have an HDFC Infinia card with 9.75L limit since Jan 2019. Any idea how long should I wait before submitting a card to card request for SC Ultimate.
Since you have an Infinia with that kind of Credit Limit, you might be having another card (Slightly Older than 6 Months) with a minimum limit of 5 Lacs.
Just use such a card for Card-On-Card Basis. You should get the SCB Ultimate easily.
I was mainly keeping all the relationship with HDFC and was having Regalia for a very long time and was using it for 90% of my card spends and that got upgraded to Infinia. I do have a CITI and SBI cards, both + 2 Years and has a limit in the range of 3.5L only – So no, only Infinia has +5L limit.
@Tejas, are you suggesting to apply after 5 months or should I wait for a month or so and apply. I am in no hurry by the way.
I had read an article by Siddharth back in Jan 2019 mentioning Yes First Exclusive being in Super Premium list and I thought of going for it with Infinia by year end, but again Yes banks cards devaluation made me look for another option which I could get using Card to Card and came to SCB Ultimate.
– any other suggestions guys ???
You can go ahead with your card to card application right away. Doesn’t matter if your Infinia is 3 or 4 months old as long as the setup date of Regalia card that you upgraded from is more than 1 year back as the banks end it is the same card account on which you have been upgraded.
Hye Siddharth..please clarify 2 points.
Firstly, where is it written that this card can be approved on limit of 3 lacs on existing SC card.
Secondly,do u get reward points on fuel spends
This limit has been now increased to 5L for card-on-card basis applications.
Yes, you get reward points for fuel spends as well
Seems Amazon Voucher option is no more available , I am waiting for it for a long time and checking frequently but still unable to find it
Same here Mouli. Even Flipkart & Big Bazaar vouchers are not available now.
Rewards site under maintenance.
Hope they add some vouchers too.
Yatra vouchers gone.
Now Cleartrip is also gone.
C’mon SCB add some good vouchers. Waiting for Amazon.
Only Big Bazaar vouchers are back.
Hope to see Amazon soon.
These would come I guess as I spoke to CC & they too know these are most sought after
But these won’t remain in stock for long as most people might wanna grab Amazon
Hi All
20% CASHBACK on Uber spends applicable on SCU card. Just got it.
Think the tnc are as follows:
Under the offer SCB credit card holders who spends more than INR 15000 on their credit card (all spends will be included) in a calendar month only will be eligible to get a 20% cash back by using SCB credit card for making payment for UBER rides.
Minimum spends on credit card in a calendar month to be eligible for the offer is INR 15000
Maximum cash back per month per customer will be INR 600
Multiple Standard Chartered credit card offers at Uber cannot be combined together, unless mentioned otherwise.
Transactions that have been successfully processed would be considered. (International Uber Transactions are Considered)
Note: All SCB credit cards will qualify for the campaign till 30th Sep’18 and only for For Ultimate card holders, the offer has been extended till 30th Sept’2019.
Searched this offer. No mention of it anywhere.
I got cashback which if proof to me.
Also Big Bazaar vouchers are finished now.
I am really disappointed by the scb ultimate credit card. They hardly give much options for redemption under ultimate category. Whereas some of the vouchers are available under other categories available on the site.
I think their card value has depreciated over time, as many other credit card reward redemption system have never ending vouchers for flipkart and amazon and many other.
I think all the user/customers of ultimate credit card should write in to the grievance department of the card for issue resolving.
Thanks
Varun
I am getting cash back every month on both primary and supplementary cards.
Undocumented offer only for Ultimate.
Yes SCB Uber 20% offer is still Live only for Ultimate card holders but they are not promoting it anywhere
I did post about it on Feb 1 & March 14 on this thread
Is it possible to convert Reward point to cash credit ?
I received a sales call from SC today. They were offering Manhattan. I told her that i will take only if u can offer Ultimate. My Regalia CL is 468000. She said based on that i am eligible for Ultimate and I can apply.
Now the thing is. I already have Reglia and Amex Platinum travel which i got recently in March this yr. Will gettting SC Ultimate dent my CIBIl score? Cos i intent to apply for DCB later this year. Planning for some loan with hdfc following which I will apply for DCB.
@ dr patil upgrading hdfc card wont affect ur credit report. Card cos only check cr when issuing a new card.
A strange thing happened to me.
After reading the blog i applied for SCB card online but it was rejected and than I sent a mail to head services for interest in this card. After almost 1 month suddenly I received SCB Ultimate at home. No verification , no call nothing explaining the product, even no cibil. And strange part was Ultimate card with CL of 1.92 Lakhs only. My DCB has 5.0 Lakhs.
I thought ultimate is never issued less than 5l but my case is proof that Ultimate can be issued with any CL. I donot have any relationship with SCB at all. I have no idea how this CL was arrived. I recvd PP and Dineout Card too along with Ultimate card.
Also it clear now days they are issue only Master and not Visa Infinite. Actually I wanted infinite (I have no Infinite card in my kitty).
Just wanted to ask something if we pay joining fees of Ra 5900 , make transaction on mmt for Rs 10000 , recieve cashback within 60 days & later cancel the card before renewal . We can gain around 4100 around pls explain
Have been checking the SCB Ultimate rewards for a few weeks now. No Amazon or FK voucher in the selection for a long time now. The overall list too is too small and hardly any good rewards. Anybody have any idea how often do the Amazon / FK Vouchers come up in rewards.
Between the SCB Ultimate & HDFC DCB (Have both), the problems with Rewards are completely different. On HDFC DCB, only flights / hotels give you the best value. For rest all the things, the value drops to 1 RP = 0.5 Re.
Which is true, Ultimate you don’t Amazon / FK vouchers that easily. It’s like booking a tatkal ticket in IRCTC. I prefer Infinia though its other redemption option is .5 INR but you get 33.3 rewards per INR 150 when you transact through SmartBuy and buy stuff from FK / Amazon or book flight tickets. It is way better and you can easily redeem 1:1 instantly when book flight tickets or hotels. Further it doesn’t have any good partner offers like HDFC provides.
I’ve used the card for couple of years now almost but will close it down soon after payment of my bill. I’ve waited 2 months to get the points converted (which is a genuine pain, considering I tried doing it for the first time).
Would highly recommend not to opt for this card.
Everyone in my family has one of these cards and we use the points to redeem travel vouchers but recently it’s been very annoying because we’ve generated lakhs of rewards but when we actually want to redeem it the makemytrip vouchers vanish. Currently want to book something but they are not available again even though I saw them a few days ago. Nothing is available now: Amazon, Flipkart, Makemytrip, Cleartrip, Yatra etc. Only bookmyshow is available. Anyone looking to get this card should be very concerned about this.
My renewal fee for the Ultimate card is due in next month. I feel it is not worthy to pay 5900Rs for this card now, with 5000 RP, there is no redemption against Amazon/Flipkart gv’s or even flight bookings. I plan to downgrade this card to a any SC LTF one, and i can divert all my spends to DCB now.
In Last 5 Months I have already paid Total of Rs 16240 Late / Interest / GST charges without any fault of mine to Standard Chartered Bank . I am finding myself trapped in this viscous circle . In past I have tried to do proper reconciliation before making payment , in return bank levied heavy penalty Late / Interest / GST charges for delayed payment ranging from 1~2 Days only, so I have not left with any other options to just to agree & do payments as per Standard Chartered Bank wishes.
This all started when I got an addition Credit Card ( SCB Ultimate in addition to SCB Manhattan Card) Last year. The payment made to one card was distribute on % basis to both cards .This is Complex mathematics & bank never explained this to me.I called SCB Bank on 22nd Feb 2019 for this & told them to stop bifurcation of payment on % basis to my both Cards
@SACHIN GROVER,
Thanks for the heads up on the payment distribution %. I have SCB Ultimate with a secondary card. When I got the statement this month, it was very confusing and payment to be made was lesser than what I’d spend! Partly this is also due to the fact that secondary card payment should be made separately and I had transferred credit from Primary to Secondary card as I paid the full balance of Primary & Secondary to the Primary alone.
When you submit your cheque , on the reverse side , write down and give them which card account you want to set off the payment against.. for your own safety keep a photocopy of the cheque submitted , in case making online payment, put the precise card number you want to set off against.. still if the bank distributes the amount on a % basis , then in my opinion its a breach of trust… i would suggest you to move to other bank card, there are very few customer care executives who are kind enough to give you straight answers , others will just pass the buck around blaming auto calculations n all other systems
By default, SCB has activated apportionment of the payment. When I paid the bill for one card, it was distributed across all the cards having an outstanding balance. I asked them to deactivate the apportionment of payments.
Sachin I would suggest you use NEFT. I also hold two SC cards, never gave any cheque. Always used NEFT wherein beneficiary is added by card number and payment goes to the card which I make payment to.
Hope it helps.
You need to call customer care and ask them to stop transferring payment from one card to another. They have an option to disable that. Even I faced this problem on basic/supp cards with them transferring payment from one card to another. They create so much confusion, that too without informing the customer. I must say SCB has pathetic process and systems in handling payments! Seems like some genius came up with these logic!
I have long relationship of 7 years with the SCB , however it seems that Bank now wants me to Close my Credit Card & apply for some other bank credit card as they are playing passing the parcel after squeezing client for Financial Charges
Even I faced same issue, I escalled to grievance cell for waiver off. At last, I was able to succeed. Theor payment apportion is clueless. Now I stopped using my supplementary card and using only primary card and making full payment on primary card only.
Big Bazaar vouchers are available now.
Some others too. No Amazon or Flipkart though.
Don’t miss it.
Amazon Vouchers available Now. 4000 points – Rs. 1000. Can redeem Now.
thats not under ultimate tab.
MMT rs 5000 voucher also available
Hi Amann, those are e-vouchers mentioned there. Can we use them for purchasing at a physical store? Do you have any idea?
Yes Siddhant
Best to take a print and give print to the cashier at the time of shopping only those many as you wish to redeem so that there is no confusion of which vouchers you have already used.
Have you done that in the past? Has it been accepted by the cashier?
Yes, I’ve used Shopper’s stop / Lifestyle evouchers which are infact only valid for physical retail. They are quite common as they are available at a discount on Amazon etc. so the people at these stores are aware. Just given them the code and they take care of the rest.
Surprisingly Amazon is available on othe tabs of Scb like debit card rewards & instant rewards …
This means they have deliberately removed Amazon from redemption option in Ultimate and it is unlikely to be refilled.
Hi guys,
I have not seen Amazon vouchers been updated for redemption since last 2 months or so, and I check almost daily. Any update on this, whether they have discontinued it completely?
Amazon costs more to them. Hence they have removed it altogether. Only offered sometimes to debit cards & non ultimate cards.
Is CIBIL > 800 mandatory for new Ultimate card application ? My application got rejected twice in past 6 months for CIBIL 7 lacs in another credit card. Had applied on Card-for-Card basis.
Could Someone please Confirm What are the Vouchers that are always available with Standard chartered ultimate Rewards Portal? Im thinking of applying for SC Ultimate through C2C basis. Not sure about it though. Heard that the vouchers are hard to come by. Is it still worthy as a Backup Card to HDFC Infinia?
@Vinod Kannan,
The most common vouchers are: Shoppers Stop, Nike, Titan, Samsonite, Hidesign, Arrow, Raymond, The Bombay Store, Fabindia, United Colors of Benetton, Mainland China, Westside, Croma, Lifestyle
Somewhat difficult to find: Yatra, Big Bazaar, Makemytrip
Rare: Amazon, Flipkart
In about 4-5 months, I’ve not seen any Flipkart, Amazon one time and seen Big Bazaar a couple of times. Amazon voucher also sold out in in less than 24 hours.
I would say it is not that lucrative card, IMHO. Been devalued (or diluted) a couple of times: Visa Infinite to MasterCard World and difficulty to redeem vouchers of our choice when we want to. Further never issued LTF or any spend based waiver though the joining benefit is good. If you are holding HDFC Infinia, why bother with SCB Ultimate?
@MAA-Traveller: Thank You for the kind Info. I was thinking about getting this card even before i got Infinia. Actually it was mainly because i was interested in Amazon, Flipkart and Croma Vouchers. But, as u have said, the net returns on Infinia would be far more higher even if 10x Points are redeemed on Catalogue items and Vouchers ( It reduces the value of Reward points by half, but still the net value is significantly higher than any card.).
Also i have had a word with HDFC Sales manager in Chennai for Diners Black as a Floater Card in addition to Infinia. He said he ll get it for me on my next Limit Enhancement ( My CL is short of 75K for Infinia + DCB). So i have stopped my quest for SCB Ultimate.
@Vinod Kannan
I recently got upgraded to Regalia, CL 5.42Lakh.
I am interested in DCB & Infinia. On my interaction today with CC Customer care floor manager, he said floater card is normally issued to businessmen. I seriously doubt that..
Can u give me idea what limit is good if I request for a floater card on DCB.
Thanks in advance.
what is floater card?
I had around 47K points, struggling get it redeemed for last 2-3 months. Stopped using it since it doesn’t make sense to use a card which has limited or hardly any redemption option (I see iPhone X and 8 which I don’t want to buy). Luckily I managed to get 23 Amazon vouchers worth 2K each. When I compare it to Infinia it doesn’t make sense to hold the Ultimate card. I’ll soon close it down. Would highly recommend someone not to opt for it!!!
Rs.2K Amazon voucher is available.
You made my day bro , all points redeemed behind the amazon vouchers
too late for me 🙁
You Sir, deserve a medal. Thanks
how did i miss… was checking daily :(. Good thing is it is not removed permanently….
I managed to redeem 23 vouchers and now I’ll close down the card. Not worth taking an affluent product which has so limited or virtually no quality redemption option. I wonder don’t they benchmark the product with competition.
Ramesh,Thanks for the info.
Redeemed 22k Voucher after waiting for a long time
Finished now.
It’s over now, I was waiting from long time, I kept on checking as well, but I missed it for 1 day and its gone….
Thanks for the update bro. Unfortunately could update only 3 as then it got out of stock. This is crazy last time it lasted for a week. Ultimate now seems to be a very luck based card and this and Makemytrip are the only vouchers worth redeeming. Is there any other cards with this sort of a reward spend. My average spend on card is 2L per month. Unable to get Infinia.
U need to break up your spends between cards…..like amex platinum travel, diners club black etc…
I have SCB Super Value Titanium Card with 5L+ Limit….. Someone told me that I am eligible for an upgrade to ULTIMATE Card…. but the absence of amazon GCs in redemption option is putting me OFF.
Should we expect the situation related to Amazon GC redemption to remain same ??? Or, will there is complete removal of it ?
Hi, I have recently applied for SCB Ultimate card but my application got declined by the bank (due to internal bank policies). I have a CIBIL score of 800+, ITR of over 24 Lakhs. I have an Indusind Iconia card with credit limit of over 6 lakhs and besides, i am also holding Amex Gold card, Citibank premier miles, SBI Prime, Axis bank privilege card, ICICI Amazon Pay.
Any idea why my application was declined and is there anything i can do to get my application approved?
Thanks
Anuj
Did you apply on card on card basis or a direct application???
Hi Prashant, I applied on card on card basis.
Regards
Anuj
2 reasons i feel they may have considered in rejecting your application
1. You already have 6 cards , SCB ultimate would have been your 7th
2. On those 6cards , you may be enjoying high credit limits and extending the limit further may be risky to them
I also suggest you to escalate the matter to their jodal officer before giving up the chase , they may tell you the actual reasons for rejection
@MT
I doubt that card beyond 6th card must be declined..
I have way large number of cards, 4 of which are issued this year only..
Although none of these 4 are from StanC, still..
Thats strange then. It should have been approved.
Thanks MT and Prashant.
Indeed, I will take it up with their nodal officer.
It happened to me three months back. Applied on the basis of DCB having a limit of Rs. 9 lakhs. Got declined. Sent a mail, but just standard reply as internal policy.
Last month applied again for SC card through sales executive. This time i didn’t bother which variant of the card he is offering. Got the titanium card.
I applied via website for the SC Ultimate card and received the card within 6 days, prompt TAT from SCB (Or desperation to grab more footfall :D). I mainly wanted the card for Golf privileges which seemed the best in market as opposed to high spend requirement of Amex Platinum (requiring Rs 4 Lakh quarterly spend on the card for availing benefits) and other premium cards with no fixed complimentary golf rounds. I have gone ahead and used their concierge service for Golf reservation which seems to work well.
However, I wanted to explore Dineout card benefits and was registering for the services on the given website. Every time I entered card information, it shows “Invalid Code” error and does not register the card. Anyone facing similar error and any suggestion for resolution?
Hi, really appreciate all your posts regarding the various cards.
I wanted to ask, if the renewal benefits are still there, as I tried to ask the customer care, but they said there were no renewal benefits and no fee waiving spend offer also.
Kindly help and reply, Regards.
The renewal benefit is 5000 rewards point for payment of the fees (5000 + GST).
The best part of this card is UNLIMITED LOUNGE access for Primary + Add on card members (Master card variant) using the card and also your guest/ additional member of your family through Priority Passes to each cardholders (incl add ons). Only catch is that the PP card fees waiver is available only if the previous months expense is 15k for each of the cardholder.