Standard Chartered Ultimate Devaluation

[SubhankarSubhankar is verified member.]

SCB Ultimate the card that hold its ground ok flat reward rate of 3.3% is finally facing a devaluation.
The card people loved for its straigh forward approach in terms of reward system is finally loosing its charm.

There are 6 specific categories SCB will earn 3 RP on every ₹ 150 spent instead of 5RP. It reduce the effective return to 2% from 3.3%.

The two most important categories it’s devaluing are Utility and Insurance. It’ll be effective from 1st of April, 2023




So what’s your thought on it?

 

[Wealth is my birth right!]

Folks, not getting points for wallet and utility transactions done in April so far.

Called them, they acknowledged it, gave me a complaint number and said that they'll manually add points, and the maximum TAT is 15 working days.

I would say call the customer care and raise your complaints, do get your complaint number also over the phone because an SMS containing the complaint number never comes.

@jeevanraj @helloworld

I fear if they are going the Axis way now in terms of crediting points. Would be a last nail in the coffin.

Hope u got 3.3% for wallet load now?
Pls confirm
TIA

 

[satviksehgal]

Hope u got 3.3% for wallet load now?
Pls confirm
TIA

yes confirmed 3.3% for wallet Loading.

 

[Wealth is my birth right!]

yes confirmed 3.3% for wallet Loading.

Thanks
Still my thirst for ultimate not end thats why asked👍

 

[sharad007]

which is best voucher as no more croma or R digital or vijay sale... every ultimate user please comment..

 

[RupayMan]

which is best voucher as no more croma or R digital or vijay sale... every ultimate user please comment..

Every ultimate user prefers their own needs of vouchers, this is no brainer, pls choose what u need from the list, there is no separate hack.

 

[bitsst]

The biggest devaluation for me was removal of Tanishq and Croma vouchers from rewards portal.

I asked them to convert SC Ultimate to any LTF free card of theirs, in fact they are running LTF Platinum Rewards card offer. But they refused.

So I asked to close Ultimate card, and without any request for reconsideration they closed it. Ended up buying World of Titan 20K Vouchers with the existing reward points before closing.

So an era of flat 3.3% rewards ended. It served me well till it lived.

 

[sangeeth]

About to close mine too, scooped up vouchers using the remaining points. I liked this card, it kinda worked without hassle even in international portals/Paypal where other cards quite didn't. But, got IDFC First WOW! for that now so adios I guess.

 

[sourpai]

I recently used StanC Ultimate to do Paytm wallet loads. Received only 2% cash back. Shouldn't it give 3.3% cash back on wallet loads? Anyone facing similar issue?

Merchant name is Paytm Noida IN. Looks like it is treating it as Utilities MCC

 

[bitsst]

I recently used StanC Ultimate to do Paytm wallet loads. Received only 2% cash back. Shouldn't it give 3.3% cash back on wallet loads? Anyone facing similar issue?

Merchant name is Paytm Noida IN. Looks like it is treating it as Utilities MCC

I recently closed my Ultimate card. Prior to that, what I noticed was, if paytm gave some 1-2% cashback on wallet load with some offer/coupon, then SC gave only 2%(appeared as paytm wallet in SC statement), and if no cashback was given by paytm then i used to get 3.3%(appeared as paytm Noida in SC statement).

 

[PavanPavan is verified member.]

Never expect Chroma and bigbasket vouchers will be back seems croma is getting removed every where 🙁

 

[rogerthat]

Never expect Chroma and bigbasket vouchers will be back seems croma is getting removed every where 🙁

Looks like Tata is removing all their brand vouchers from everywhere. I think they want everyone to buy Tata stuff only from their crap Neu app 😂

 

[Ravana_88]

Can a SC ultimate user list the brands for which vouchers can be purchased . Is this card still worth it ?

 

[Desu Sarath]

Recently they added Apollo pharmacy.

 

[Ravana_88]

Where can I see the entire brand list ?

Recently they added Apollo pharmacy.

 

[SSV]

Can a SC ultimate user list the brands for which vouchers can be purchased . Is this card still worth it ?

Where can I see the entire brand list ?

Here it is : you can find the entire list of brands and vouchers from here..

Enjoy !!

360° Rewards

retail.sc.com

360° Rewards

retail.sc.com