IN
Premium
Standard Chartered
Standard Chartered Ultimate
VISA
🇮🇳 India · Standard Chartered

Standard Chartered Ultimate

Best general earn-rate at the ₹5K fee tier.

4.4 / 5
Joining fee
₹5,000
Annual fee
₹5,000
Top reward
3.3%
Min income
₹1,500,000

External link to Standard Chartered’s own application page.

The Standard Chartered Ultimate costs ₹5,000 a year, waived at ₹15,00,000 annual spend. It earns 3.3% on all spends. Forex markup is 3.5%. These figures are from our catalog and have not yet been re-verified against the issuer.

5-year value calculator

How much Standard Chartered Ultimate actually pays you over time, net of annual fees.

50,000

Includes 40% in this card's boost category, 60% general spend.

Annual rewards19,800
Annual fee5,000
Welcome bonus (year 1 only)+1,000
Fee waiver triggers at 1,500,000 annual spend. You're currently at 600,000. Bump monthly spend to 125,000 to clear it.
Cumulative net value
+75,000
over 5 years
Year 1
15,800
+15,800/yr
Year 2
30,600
+14,800/yr
Year 3
45,400
+14,800/yr
Year 4
60,200
+14,800/yr
Year 5
75,000
+14,800/yr
Year 1 (with bonus)
15,800
Year 2+ (steady state)
14,800/yr

Estimates use the card's published rates and a 40/60 boost-vs-general split. Real returns vary with how tightly your spend matches each card's boost categories.

What does the Standard Chartered Ultimate earn?

What you earn back, by category.

Everything else
3.3%
📈
🎁
Welcome bonus

6,000 reward points + ₹1,000 voucher

What do you get with the Standard Chartered Ultimate?

  • 5 reward points per ₹150 (effectively 3.3%)
  • 4 complimentary international lounge visits/year
  • BookMyShow buy-1-get-1
  • 1% fuel surcharge waiver
  • Comprehensive travel + purchase insurance

Who qualifies for the Standard Chartered Ultimate?

These are guidelines, not hard cutoffs. Banks frequently approve below the listed income if your credit is healthy.

Min annual income
₹1,500,000
Min credit score
780+
Self-employed
Eligible

Standard Chartered Ultimate FAQ

What is the Standard Chartered Ultimate annual fee?

The annual fee is ₹5,000. It is waived if you spend ₹15,00,000 in a year.

What does the Standard Chartered Ultimate earn?

It earns 3.3% on all spends.

What is the Standard Chartered Ultimate forex markup?

The Standard Chartered Ultimate charges 3.5% forex markup on foreign-currency spends.

What income do you need for the Standard Chartered Ultimate?

The stated minimum income is ₹15,00,000 a year. Banks treat this as a guideline, not a hard cutoff.

What is the Standard Chartered Ultimate welcome bonus?

6,000 reward points + ₹1,000 voucher.

Are these Standard Chartered Ultimate figures verified?

These figures are from our catalog and have not yet been re-verified against the issuer.