Standard Chartered Ultimate Credit Card
Standard Chartered India · Mastercard · Premium card
High uncapped general reward value and a substantial lounge allowance make it distinctive among premium bank cards.
High-spend users who want broad rewards, frequent airport lounge access and a lower forex markup.
Terms checked 24 Sept 2026
- Annual fee
- ₹5,000 + GST
- Joining fee
- ₹5,000 + GST
- Base reward rate
- 3.3%
- Forex markup
- 2%
Reward rates by spending category
Published catalogue rates before caps and merchant-category exclusions.
| Category | Recorded rate |
|---|---|
| Online shopping | 3.3% |
| Dining & delivery | 3.3% |
| Travel & hotels | 3.3% |
| Beauty & wellness | 3.3% |
| Entertainment & movies | 3.3% |
| Healthcare & pharmacy | 3.3% |
| Subscriptions & streaming | 3.3% |
| Offline store shopping | 3.3% |
| International spending | 3.3% |
| Gold & jewellery | 3.3% |
| Other miscellaneous | 3.3% |
| Groceries & essentials | 2% |
| Bills & utilities | 2% |
| Education & family | 2% |
| House rent | 2% |
| Insurance premiums | 2% |
| Fuel & commute | 0% |
Caps and fee waiver
- Reward caps
- Duty-free cashback: ₹1,000/statement cycle
- Annual fee waiver
- No waiver recorded
- Monthly income requirement
- Not listed
Airport lounge access
16 domestic airport lounge visits per year • 12 international airport lounge visits per year
4 domestic airport lounge visits per quarter · Issuer card
Guest access: Not specified
12 international airport lounge visits per year · Priority Pass
Guest access: Chargeable
Requires ₹20,001 per Calendar month for the following calendar month
Maximum one complimentary visit per month after spending more than ₹20,000 in the previous month; Priority Pass visits in India are chargeable.
Benefits & conditions
Expand a category to see recorded benefits, fees and eligibility, with conditions and links to the sources. Categories without recorded details are grouped below; missing information does not mean a benefit is unavailable.
Rewards and cashback · 6 items
Duty-free cashback
Usage-based value5% cashback only at merchants registered as duty-free; these transactions do not also earn reward points.
Conditions: 5% cashback only at merchants registered as duty-free; these transactions do not also earn reward points.
Reduced-category points
Usage-based valueThree points per ₹150 on supermarkets, utilities, schools, property management and insurance.
Government-payment points
Usage-based valueThree points per ₹150 on eligible transactions coded as government payments.
Conditions: Three points per ₹150 on eligible transactions coded as government payments.
Other eligible Ultimate points
Usage-based valueFive points per ₹150 on other eligible online and offline transactions.
5 points per ₹150 on most eligible purchases
Shown without a cash value3 points per ₹150 on utilities, supermarkets, insurance, property management, schools and government
Shown without a cash value
Fees · 2 items
Annual card fee
Cost ₹5,000₹5,000 annual fee before applicable tax.
Joining fee
Cost ₹5,000₹5,000 one-time joining fee before applicable tax.
Welcome benefits · 2 items
6,000 Ultimate reward points
Recorded value ₹6,000Welcome points worth ₹6,000 at the conservative ₹1 catalogue value.
Conditions: Pay the applicable ₹5,000 joining fee · Points are credited after fee realisation under the issuer’s fulfilment timeline
5,000 renewal points after realisation of the renewal fee; not counted as a first-year welcome benefit
Shown without a cash value
Airport lounge access · 3 items
Domestic lounge access
Usage-based value4 visits per quarter through Issuer card. Guest access: not specified.
International lounge access
Usage-based value12 visits per year through Priority Pass. Guest access: chargeable. Maximum one complimentary visit per month after spending more than ₹20,000 in the previous month; Priority Pass visits in India are chargeable.
Conditions: Spend ₹20,001 per calendar month
Complimentary Priority Pass membership; non-qualified and guest visits are chargeable
Shown without a cash value
Golf · 1 item
One complimentary domestic golf game and one coaching session monthly; convenience charges, booking rules and availability still apply
Shown without a cash value
Insurance and protection · 4 items
₹1 crore international air-accidental-death cover when the fare is paid with the card
Shown without a cash valueChecked-baggage loss up to US$500, baggage delay up to US$100 and baggage or document loss up to US$750
Shown without a cash valueHijack and flight-delay cover up to US$200 each and emergency medical expenses up to US$25,000
Shown without a cash valueLost or stolen card cover up to ₹25,000; insurance claims require the published recent non-ATM card use and other policy conditions
Shown without a cash value
Memberships · 1 item
Complimentary Priority Pass membership; non-qualified and guest visits are chargeable
Shown without a cash value
Foreign-currency charges · 1 item
Foreign-currency markup
Usage-based value2% foreign-currency markup before applicable tax.
Conditions: Applies to eligible foreign-currency transactions
Eligibility and availability · 1 item
Application eligibility
Shown without a cash valueApplication availability: open. No universal verified numeric income threshold is used as a hard filter. Standard Chartered does not publish one universal numeric income threshold for Ultimate Credit Card.
Other benefits · 1 item
1% fuel-surcharge waiver capped at ₹1,000 per statement cycle
Shown without a cash value
Other categories (8)
These categories have no detailed entries. We distinguish confirmed absences from information that still needs review.
Fee waiver
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Spend milestones
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Card tiers
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Movies and entertainment
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Travel privileges
Details not yet availableThe reviewed issuer sources publish this benefit; its exact conditions are retained in the card benefit profile.
Official source 1 ↗Official source 2 ↗Dining
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Fuel benefits
Details not yet availableThe reviewed issuer sources publish this benefit; its exact conditions are retained in the card benefit profile.
Official source 1 ↗Official source 2 ↗Concierge
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗
What stands out
- ✓ 5 points per ₹150 on most eligible purchases
- ✓ 3 points per ₹150 on utilities, supermarkets, insurance, property management, schools and government
- ✓ Four domestic lounge visits per quarter
- ✓ One international lounge visit monthly after prior-month ₹20,000 spend
What to watch
The ₹5,000 renewal fee has no spend waiver. Selected everyday categories earn 2%, fuel earns no points, and Priority Pass use in India or beyond the qualified monthly international visit is chargeable.
Recorded exclusions
Fuel Commute · Cash withdrawal · Fees charges · Chargeback · Fraudulent transaction
How GainFair evaluates this card
The personal card advisor applies your monthly spending to category rates, limits rewards at the applicable caps, adds eligible movie, milestone and lounge value, and subtracts annual fees plus foreign-currency markup and GST. It can recommend keeping your current cards when a new card does not create enough incremental value.
Compare against
These cards have the closest mix of purpose, reward style, fee model and tier. They are suggestions for comparison, not rankings.
Issuer sources
Open the sources used for this card's product details, rewards, fees and eligibility.
Sources checked 24 Sept 2026 · Latest recorded change effective 25 Aug 2024