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.

 

[Harry1]

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Greatest useful vouchers according to Standard Chartered available in their portal as of now..

It required min. 1000 points which means need to spend

- 30K min. spends on Ultimate

Lol is this the full list of vouchers? I don't see a single useful voucher here. Forget Amazon, Flipkart. Even swiggy, Myntra, Zomato is not there. And even the third level like shoppers stop is not there.

Does anyone really use this card anymore?

 

[helloworld]

Lol is this the full list of vouchers? I don't see a single useful voucher here. Forget Amazon, Flipkart. Even swiggy, Myntra, Zomato is not there. And even the third level like shoppers stop is not there.

Does anyone really use this card anymore?

yes, full list and it is like this since last year and not much changes.

 

[RupayMan]

SC introduced a new voucher like points for good, just like cred wants to donate the cred coins.

 

[jhanishdev]

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Every Cardholders should collectively tag Stanchart India and request them to improve options and MAYBE, there is a chance the bank may look into it.

 

[helloworld]

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Cardholders should tag Stanchart India and there is a chance the bank may look into it.

tried since 2022, it became worst than better. It all started in 2022 beginning when they removed electroncis vouchers. Then after one by one instead of any additions.