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.

 

[Wealth is my birth right!]

Any voucher that could be resold?

No option for reselling such brands
B t w check with sites like zingoy
So far I didn’t resell anything so can’t provide concrete information

 

[soumendunanda]

I doubt that.. if u have kids in home, use firstcry or hamleys

No kids at home,also i live in a remote village, haven't even heard about the voucher company names,if you find any jugad do let me know

 

[soumendunanda]

I have never tried reselling any voucher so can’t advise on that. Some of ones which I believe I can still use are all travel related eg Vistara, Taj, ITC, Marriott

Are you interested in any of the voucher you mentioned at a discounted rate from me!🌝

 

[RupayMan]

No kids at home,also i live in a remote village, haven't even heard about the voucher company names,if you find any jugad do let me know

Not everywhere we can find a jugad, life is unfair, live with it 😅

 

[NikunjP]

I have never tried reselling any voucher so can’t advise on that. Some of ones which I believe I can still use are all travel related eg Vistara, Taj, ITC, Marriott

If ITC & Taj vouchers available, it can be used to purchase membership. May be good option for some people.

I am considering to apply for SC ultimate.

 

[Virgo]

Are you interested in any of the voucher you mentioned at a discounted rate from me!🌝

Have enough of my own points to burn

 

[soumendunanda]

If ITC & Taj vouchers available, it can be used to purchase membership. May be good option for some people.

I am considering to apply for SC ultimate.

Yes it's available,do you know anyone who would be interested to buy at discounted price?

 

[saikatCC]

i did a transaction of 1136 on Zomato and even that seems to have gotten me only 23 RP. didnt know even this was devalued

 

[ALOAK]

i did a transaction of 1136 on Zomato and even that seems to have gotten me only 23 RP. didnt know even this was devalued

Bhai sab kuch devalued am just waiting for my 6k points they said 90 days to 120 days. Har bank cheating once transacted atleast within a week they should credit it.

 

[soumendunanda]

Bhai sab kuch devalued am just waiting for my 6k points they said 90 days to 120 days. Har bank cheating once transacted atleast within a week they should credit it.

Joining pe jo 6k milta hay wo kitne din baad ata?

 

[ALOAK]

Joining pe jo 6k milta hay wo kitne din baad ata?

Even I have to receive it they said 90 to 120 days to credit 6k points

 

[soumendunanda]

Even I have to receive it they said 90 to 120 days to credit 6k points

They charged 5k or 5900 as joining?

 

[ALOAK]

They charged 5k or 5900 as joining?

5900 inclusive of gst

 

[Pavan]

Guys need your help
Is this card still worth to take It ?
I have DCB and infinia is far from reach
and for me magnus even though i have it's seems not so useful.

@Wealth is my birth right!

 

[Sacrvn87]

Did anyone get this card LTF? I would like to cancel it if they don't convert it to LTF, but I am stuck with a good amount of rewards, I have been waiting for a long time to buy something meaningful.

 

[Sacrvn87]

Guys need your help
Is this card still worth to take It ?
I have DCB and infinia is far from reach
and for me magnus even though i have it's seems not so useful.

@Wealth is my birth right!

I will keep it if it is LTF for any standard chartered offers.

 

[ALOAK]

Scb ultimate is not ltf. Even I had to pay after many arguments sis not budge though been their oldest customer from 2004.

 

[Sacrvn87]

Scb ultimate is not ltf. Even I had to pay after many arguments sis not budge though been their oldest customer from 2004.

Then I will see the categories which are excluded from the DCB/Magnus and see if it is beneficial to keep this card based on my usage like Insurance payments

 

[ALOAK]

Only thing is that scb ultimate gives you points for all transaction not like axis card where they exclude everything

 

[Sacrvn87]

Only thing is that scb ultimate gives you points for all transaction not like axis card where they exclude everything

True. But what is the point if can't redeem those points. It's better to use those cards and just get 1 percentage Cashback.