SC Ultimate devaluation

[Virgo]

Standard Chartered has also joined the recent trend of devaluing credit cards. Their most prized no frills card, Ultimate, will now face following restrictions effective 2nd April 2023:

1)​ Transactions on Utilities, Supermarkets, Insurance, Property Management, Schools & Government payments will now earn 3 reward points on every INR 150 spent.​

2)​ No reward points will be earned on Fuel transactions. However, you will now enjoy a surcharge waiver of 1% on fuel spends. Fuel surcharge waiver amount will be capped at INR 1000 per month.​

3) 1% processing fee (plus applicable taxes) for rental payments made using Standard Chartered credit cards.

Point number 3 will be applicable for all SC credit cards.

This puts an end to one of the best no frills card I have held so far.

 

[helloworld]

@helloworld please can you share the marshal speakers details and how to redeem the same

1 Point = 0.73p.

Note: Since I closed Ultimate, its showing only generic 0.25p based value. If you have Ultimate card, it will show 15000 (6000/4) MRP product.

Or find some other good product

 

[RupayMan]

View attachment 46868View attachment 46869

1 Point = 0.73p.

Or find some other good product

How come you think its a best redemption? 10k worth product for 60k points? Crazy.

 

[helloworld]

How come you think its a best redemption? 10k worth product for 60k points? Crazy.

🤕 For ultimate its 60000/4 = 15000..

 

[RupayMan]

🤕 For ultimate its 60000/4 = 15000..

That's on their non voucher list of items only. I don't encourage to redeem in that category, it's huge loss over what we spend to accumulate 60k rps.

 

[helloworld]

That's on their non voucher list of items only. I don't encourage to redeem in that category, it's huge loss over what we spend to accumulate 60k rps.

Its just an option, not recommendation. Instead of going over united colors etc. I can purchase this speaker at 0.70p value and sell it Offlline at 0.60p value, if I want.

Its already huge loss to what we spend to accumulate 15k points (~4,50,000 rs.), when redeeming on non-required vouchers which are absolutely no use for that person or can't see any value in them.

Sometimes what we think as worst, can also be best for some.

 

[PavanPavan is verified member.]

Thanks aagain @helloworld just hoping very soon SC ultimate will be revamped and we all get very good vouchers
P.S my ultimate upgrade offer is valid till 31st april 🙁

 

[sakthi_ums]

Apollo Pharmacy vouchers are added today

 

[PavanPavan is verified member.]

Apollo Pharmacy vouchers are added today

It's over 🙁 no more available

 

[Zacobite]

It's over 🙁 no more available

Keep the points.. things will improve..

 

[cardio_guy]

Is it still good to take SC ultimate? (Paid or LTF)

 

[starstruck]

Is it still good to take SC ultimate? (Paid or LTF)

Yes it is. Effectively you have to cover GST part only.

 

[helloworld]

Is it still good to take SC ultimate? (Paid or LTF)

If you find useful of those vouchers, take it.. make atleast 3 or 4 vouchers in your preferred redemption list, so incase if they removed one, you'll have another.

Otherwise you're paying 5000 for those cloth brands which otherwise you may not go. Do not assume you're paying GST only, if you can't redeem thse 5000 vouchers, you're paying that too.

 

[Zacobite]

Is it still good to take SC ultimate? (Paid or LTF)

ltf v v v difficult.. gd back up to dcb or infinia

 

[leonneel]

So I got sc ultimate offer , I understand that for those rental education utility I get 2% rp.
Are there any useful voucher for redemption if I take the card. Sc guys calling me like crazy to take the card. Az,fk voucher not available right?

 

[Wealth is my birth right!]

Thanks aagain @helloworld just hoping very soon SC ultimate will be revamped and we all get very good vouchers
P.S my ultimate upgrade offer is valid till 31st april 🙁

How u got upgrade offer
Whats ur current card and limit?

 

[supperman]

So I got sc ultimate offer , I understand that for those rental education utility I get 2% rp.
Are there any useful voucher for redemption if I take the card. Sc guys calling me like crazy to take the card. Az,fk voucher not available right?

No Az/FK vouchers, and haven't been there for quite some time. I wouldn't hold my breath over these sort of redemption options to come anytime. The last, "useful" voucher, which could actually benefit someone, was Uber (or even Apollo pharmacy for those having some need), but Uber is gone, and Apollo's availability is dicey, with huge denominations like 10K.
You may take hotel vouchers, they're still there.

 

[Rdspam]

Sc guys calling me like crazy to take the card. Az,fk voucher not available right?

their spam calls are so annoying. I get about 10 per day at least. The reps are so bad they can’t even pronounce your name. I’ve heard scam calls with better customer care representatives 😵‍💫

 

[leonneel]

How u got upgrade offer
Whats ur current card and limit?

Just the normal 50k money rotation per month to get the 1000 rs cb.
Current card sc smart,limit 5.5L.

 

[leonneel]

No Az/FK vouchers, and haven't been there for quite some time. I wouldn't hold my breath over these sort of redemption options to come anytime. The last, "useful" voucher, which could actually benefit someone, was Uber (or even Apollo pharmacy for those having some need), but Uber is gone, and Apollo's availability is dicey, with huge denominations like 10K.
You may take hotel vouchers, they're still there.

Thank you for ur detailed and kind reply. Now I can finally say to those rep to f* off. They are like ur get 1 rp 1 rs value and lots of vouchers and all bla bla. Trying so much to convince.

 

[leonneel]

their spam calls are so annoying. I get about 10 per day at least. The reps are so bad they can’t even pronounce your name. I’ve heard scam calls with better customer care representatives 😵‍💫

Same. Ever thought an international bank would spam me so badly.