Fuel surcharge for Standard Chartered Ultimate card

[navonline7]

How much fuel surcharge % is levied when the Standard Chartered Ultimate card is used for fuel transactions? Until last week I was charged flat 1% extra, but the surcharge has been varying starting this week. For one of the transactions, I was charged Rs. 11.8 (5.62% of the transaction) on a fuel transaction of Rs. 210, whereas I should have been charged Rs. 212.1. For another fuel transaction, I was charged 1.25%. @TechnoFino @Subhankar

I couldn't find anything related to fuel surcharge in T&C, but I remember seeing it as 1%.

 

[Wealth is my birth right!]

How much fuel surcharge % is levied when the Standard Chartered Ultimate card is used for fuel transactions? Until last week I was charged flat 1% extra, but the surcharge has been varying starting this week. For one of the transactions, I was charged Rs. 11.8 (5.62% of the transaction) on a fuel transaction of Rs. 210, whereas I should have been charged Rs. 212.1. For another fuel transaction, I was charged 1.25%. @TechnoFino @Subhankar

I couldn't find anything related to fuel surcharge in T&C, but I remember seeing it as 1%.

Pro tip: Never use CC for fueling small amounts i mean less than 500.
If u use ultimate then no worries that 3.33% return comes for fuel too.

 

[navonline7]

Yeah, I use SC Ultimate for fueling

 

[Wealth is my birth right!]

₹ 10 or 1% of transaction (whichever is higher) on Petrol transactions. The rate of surcharge may vary depending on acquiring bank.

Goods and Services Tax ('GST') at prevailing rates is applicable on all taxable supplies.

Both are same fuel stations?

I always charged 11/- for 1000 worth of fuel in 8 different fuel stations.

Which card u use? Its right only, 1% with GST

 

[Wealth is my birth right!]

Same. Ultimate (2.3% reward after deducting surcharge).

That 1% u can cover if u pay bill via HDFC portal in way of platinum CB

 

[Wealth is my birth right!]

Yes. I usually do not consider cashback on bill payment which is adjusted and counted towards benefits of that account and not for the card. Always looking actual reward rate without bill payment cashback (that is bonus for me). In a way 2.3% is worth v. Citi Indian Oil 2.6% (minor reward but need to look for specific IndianOil stations).

IOCL on sometimes highway we need to search long.
Winner is HPCL followed by BPCL in South India.
So better to spend fuel via ultimate since no brand tag attached,
Have a glance for 3% HP using my trick(for ultimate u will get more):

HP pay app load wallet

Hi Friends, hp pay app load wallet via credit card which card is having zero charges kindly share your experience about the rewards/CB for this transactions. FYI my holding cards are SC Manhattan, HDFC Regalia, IndusInd Legend and ICICI Apay as well as LTF Coral. TIA

www.technofino.in

 

[navonline7]

@Wealth is my birth right! and @helloworld is this ₹ 10 or 1% of transaction (whichever is higher) on Petrol transactions mentioned in the T&C somewhere? I couldn't find it. Can you please help me locate it?

 

[navonline7]

₹ 10 or 1% of transaction (whichever is higher) on Petrol transactions

are you sure? Because, I was charged flat 1% until last week for transactions as low as Rs. 100 too

the one where I got charged more was of HP petrol pump. So 5.62% is high. For a fuel transaction of Rs. 210, I should have been charged Rs. 212.1 or a maximum of 213, not 221.80, isn't it?

 

[Wealth is my birth right!]

@Wealth is my birth right! and @helloworld is this ₹ 10 or 1% of transaction (whichever is higher) on Petrol transactions mentioned in the T&C somewhere? I couldn't find it. Can you please help me locate it?

It’s general term that 10rs or 1% which is higher
Unable to locate in their site mostly card mitc will have it

 

[navonline7]

Credit Card Fees & Charges

Know and compare the annual fees, joining charges, levy of interest rate and other applicable fees for Standard Chartered credit cards.

www.sc.com

It's not related to any particular bank, all bank cards follow same rule (10/- or 1%) its more or like govt. rule.

210 + 1% (2.1) or 10 whicher higher = 10 + GST (11.8) =221.8

So far with any bank fuel transactions, I got like this.

Note: With experience I got this..

Usually banks tells us they reverse 1% surcharge if more than 400/500 min. fuel depends on that card. But, they won't tell following..

Case 1:

Card charges: 1000 = 1% or 10 = 10+GST = 11.8
Bank reverse: 1000 = 1% = 10+GST = 11.8

So far, looks good right? (this is also reason I always fuel more than 1000 because..


Case 2:

Card charges: 500 = 1% or 10 = 10+GST = 11.8
Bank reverse: 500 = 1% = 5+GST = 5.9 (we lost 5.9)

Happened with Citi, Axis and HDFC cards.

Was completely unaware about this. Thank you for explaining it in an exhaustive manner.
Looks like I should top up paytm wallet with 4000 every month and use it for fueling my two wheeler. I have an Activa, which has a really small fuel tank. So it gets filled up Rs. 300-450 of fuel.

 

[navonline7]

Or try that HP Pay app suggested by @Wealth is my birth right! but do check wallet load charges and if everything good you can use that process.

yeah, will give it a try. The only issue I see with that is I will have to confine myself to HP fuel pumps.

 

[Wealth is my birth right!]

yeah, will give it a try. The only issue I see with that is I will have to confine myself to HP fuel pumps.

I opt only for Hp company owned outlets where even Amex cards accepted haha
Quality of fuel in company owned outlets are damn good we can see increasing mileages

 

[navonline7]

Quality of fuel in company owned outlets are damn good we can see increasing mileages

agree

 

[Slayer]

I opt only for Hp company owned outlets where even Amex cards accepted haha
Quality of fuel in company owned outlets are damn good we can see increasing mileages

How do you find company owned outlets

 

[Wealth is my birth right!]

How do you find company owned outlets

small board mostly its hidden in the premises not sure the reason.
Also the one which I use is near an IT HUB in metro city hope HPCL choose such places for a good business and at those places they wont give franchise just guess

 

[Slayer]

small board mostly its hidden in the premises not sure the reason.
Also the one which I use is near an IT HUB in metro city hope HPCL choose such places for a good business and at those places they wont give franchise just guess

At my parent's place, my father has a fixed petrol pump, don't have any fuel expenses where i live

 

[Wealth is my birth right!]

At my parent's place, my father has a fixed petrol pump, don't have any fuel expenses where i live

Out of all my experience shell is much quality but price a bit huge difference than BP HP IOCL so finally HP i'm using better some turbojet fuel there which gives nice mileage (MLY 10k max for my car)

 

[Slayer]

Out of all my experience shell is much quality but price a bit huge difference than BP HP IOCL so finally HP i'm using better some turbojet fuel there which gives nice mileage (MLY 10k max for my car)

Which car are you driving?

 

[Wealth is my birth right!]

Which car are you driving?

Chevy beat old diesel....filling tank comes around 4.5k monthly twice.
Being in metro my fuel consumption more with hell traffic

 

[Slayer]

Chevy beat old diesel....filling tank comes around 4.5k monthly twice.
Being in metro my fuel consumption more with hell traffic

My father gradually switching from driving cars to bikes to save on fuel costs