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]

how about hsbc live plus?

Thread 'HSBC Live+ (Previously Cashback) Credit Card: Elevate Everyday Spending'

Sep 1, 2023

Key Features​

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• 10% Cashback on Grocery, Dining & Food Delivery (MCC)
  • Categories: Grocery, Dining, Swiggy/Zomato & Food Delivery
  • Cashback cap: ₹1000 per statement (limit reached if spent ₹10,000) after that 0%.

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• 1.5% Cashback on All Other Spends
  
  • No Cap on the cashback amount
  • Exclusions
    • Fuel | Rent | Utilities | Government Transactions | e-Wallets | Insurance | Education | B2B...

• helloworld
• Replies: 316
• Forum: HSBC Credit Card

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[cardio_guy]

so which stanc card to apply for now?

I got EMT card. Just for the priority pass. Annual fee waiver on 50k spend. Benefits wise not worth i think.

 

[sakthi_ums]

SC is upgrading their system and 360 rewards page is down for almost a week now. Hopefully they will improve the redemption options.

 

[Dharm]

SC is upgrading their system and 360 rewards page is down for almost a week now. Hopefully they will improve the redemption options.

There card UI interface is changed completely now, with addition of account no. against each card

 

[PavanPavan is verified member.]

I did payment morning it started reflecting by noon wooow

Just hoping ultimate will be a ultimate card

 

[cc_dc_explorer]

I got EMT card. Just for the priority pass. Annual fee waiver on 50k spend. Benefits wise not worth i think.

PP is removed now for SCB EMT.

SC is upgrading their system and 360 rewards page is down for almost a week now. Hopefully they will improve the redemption options.

Already oct now, and no much redemption option.

 

[ALOAK]

PP is removed now for SCB EMT.



Already oct now, and no much redemption option.

I already redeemed 10k points for ITC voucher.

 

[cardio_guy]

PP is removed now for SCB EMT.



Already oct now, and no much redemption option.

Yes PP removed. So I closed the card last week. Got the closure sms and email. Need to check cibil report after a month to confirm.