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Standard Chartered Ultimate
Standard Chartered • MasterCard

Standard Chartered Ultimate

Flat 3.3% Reward Rate on Everything

Reviewed by CardWise Editorial Team
Last Verified: 2/12/2026
Editorial Independence: Our recommendations are driven by mathematical value, not issuer payouts. We may earn a commission if you apply through our links, but this does not affect our scoring or the cards we feature.
Annual Fee₹5000Waived on ₹5L spend
Base Reward3.3%On all spends
Lounge AccessNoNo lounge access listed
Est. Annual Savings₹-1,040Based on ₹4.8L annual spend

No Complimentary Lounge Access

This card currently does not show complimentary airport lounge access in our issuer-aligned dataset.

Fee waiver & value estimator

Adjust your spend to see fee waiver eligibility and capped rewards.

Annual fee
₹30,000 / mo
₹3,60,000 / year
Estimated rewards₹11,880

Assumes base reward rate only.

Annual fee₹5,000

Waived on ₹5L spend

Net value₹6,880

Estimated savings per year.

Fee waiver target: ₹5,00,000 annual spend.

Reward Rate Breakdown

Category-wise reward rates for this card

Basedefault
3.3%
Online
3.3%
Offline
3.3%

Key Takeaways

Verified card-level notes, best use-cases, and watchouts.

Pros & Insights

  • Standard Chartered Ultimate is best positioned as a shopping + travel specialist rather than a universal all-spend card.
  • Its current reward model is anchored around 3.3% on base-aligned lanes, while broad base return remains closer to 3.3%.
  • No mapped complimentary lounge footprint currently contributes to card value, so spend economics are the primary decision factor.

Best Utilization

  • Route this card to shopping and travel spends first, then shift spillover transactions to stronger category alternatives.
  • Track statement outcomes monthly to confirm that expected reward credits are posting in the intended merchant/category buckets.
  • Maintain break-even discipline against the annual fee of INR 5,000 and reduce allocation if annual net value weakens.

Watchouts

  • points-value realization depends on redemption choice and transfer use
  • No complimentary lounge access is currently mapped for this card.
  • Category caps, partner restrictions, and MCC-level exclusions can materially reduce realized value versus headline promotion copy.

Truth Data Snapshot

Issuer-linked details for offers, redemption, lounges, and reliability status.

Expand

Offer Truth

  • Joining fee₹5,000
  • Annual fee₹5,000
  • Waiver threshold₹5,00,000
  • Cap typenone
  • Cap resetnone
  • Last verified2026-02-12

Redemption Truth

  • Cash value/pointNot listed
  • Travel value/pointNot listed
  • Transfer partners0
  • Min redemptionNot listed
  • Expiry policyNot listed
  • Last verified2026-02-12

Lounge Truth

  • NetworkMasterCard
  • Domestic count0
  • International count0
  • Quarterly limitNot listed
  • Airport-terminal rows0
  • Policy check2026-02-10

Reliability + Outcomes

  • Verification statusverified
  • Freshness days1
  • Source conflicts0
  • Applied reports5
  • Approval reports3

Upgrade Path

These are objective same-bank step-up options from the current rewards and lounge model.

Step 1

Standard Chartered Manhattan

Annual fee: ₹999

Shared focus: ShoppingHigher top earn rate (5.0%)Estimated +₹9,113/yr value
View Details
Step 2

Standard Chartered DigiSmart Credit Card

Annual fee: ₹588

Shared focus: ShoppingHigher top earn rate (5.0%)Estimated +₹4,196/yr value
View Details

Lounge match needs verification

Lounge access data for this card could not be confidently matched. Please verify lounge eligibility directly with the issuer before relying on access.

Lounge Eligibility Checklist

Derived from card policy signals

Lounge Spend Tracker

Eligibility target met: No

Track lounge eligibility for Standard Chartered Ultimate using your current period spend.

₹0 spent₹5 target

Policy signal used: Waived on ₹5L spend

Spend threshold

Waived on ₹5L spend

Quarter / cycle rule

No quarter or billing-cycle lounge rule is explicitly listed.

Guest access

Guest access policy is not explicitly listed in current data.

Priority Pass

Priority Pass benefit is not listed for this card.

Lounge Locations

No airport-wise rows currently available

Airport-level lounge rows are not currently available for this card. We still show policy checklist details above.

Redemption Optimizer Unavailable

Redemption optimization is unavailable for this card right now; this card is better evaluated via direct cashback and feature value.

Decision Data Enrichment

Reused from validated provider snapshots with freshness gates and quality filters.

Enriched decision data not available

This card does not have publishable enrichment records in the current high-confidence snapshot.

Key Benefits

  • 3.3% Return on all spends
  • Low Forex Markup (2%)
  • Golf Benefits
  • High value reward redemption

Things to Consider

  • High Fee

About Standard Chartered Ultimate

Standard Chartered Ultimate is a points card from Standard Chartered, best for simplified high rewards. It is tagged under premium, shopping, travel categories in our database.

PremiumShoppingTravel

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Frequently asked questions

Is Standard Chartered Ultimate lifetime free?

It has an annual fee of ₹5000. Waived on ₹5L spend

What rewards does Standard Chartered Ultimate offer?

Flat 3.3% Reward Rate on Everything

Does Standard Chartered Ultimate include lounge access?

No complimentary lounge access is currently listed for this card.

Who should consider Standard Chartered Ultimate?

Simplified High Rewards

Where can I apply for Standard Chartered Ultimate?

Check the issuer website for application availability.

Sources & Verification

  • Official Issuer Page:Direct Link
  • Last Verified: 2026-02-12
  • Data Method: Automated scraper + Manual audit

Key Terms

APR (Annual Percentage Rate)

The interest rate charged on unpaid dues if you don't pay your full bill by the due date.

Forex Markup

An additional fee charged for transactions made in foreign currency.

Lounge Access

Complimentary entry to airport lounges, often subject to spend milestones.

Milestone Benefits

Bonus rewards unlocked when you cross specific spending thresholds within a period.