Standard Chartered Bank launches Ultimate credit card for Rs 5,000

Giving a push to digital payments, Standard Chartered Bank on Monday launched "Ultimate" credit card for affluent customers. 

To get the newly launched credit card, the customers will have to pay a nominal fee of Rs 5000. 

Commenting on Ulitimate credit card, Shyamal Saxena, Country Head – Retail Banking, India, Standard Chartered Bank, said, “The launch of Standard Chartered ‘Ultimate’ card reaffirms our commitment to bring in world class privileges to our customers. Now, we believe this Ultimate credit card will be a compelling product in the HNI & affluent segments with its feature rich offerings.”

As per the official release, the credit card will give range of benefits like Rs 10,000 cashback on spends on a specific travel portal in first three months of on boarding. Apart from this, it will also provide enhanced benefits like upgrades at luxury hotels, cashback at duty free shops and access to total of 170 premier golf courses in India and across the globe.

"These customers will also earn 5X rewards on all spends while availing exclusive rewards redemption platform with options across air travel, hotel booking and premium products catalogue," the bank said. 

Moreover, the customers will get 25% instant discount at top 200 restaurants through the Standard Chartered Bank concierge and travelers can earn cashback up to 5% at duty free shopping.

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