https://www.sc.com/in/credit-cards/ultimatecred...
From April 2nd, 2023, transactions on Ultimate credit card for Utilities, Supermarkets, Insurance, Property management, Schools & Government payments will now earn 3 reward points on every INR150 spent
Dear client, from 2 Apr'23, your StanChart Ultimate credit card will earn 3 reward points on every INR 150 spent on select categories. Now, enjoy 1% surcharge waiver on fuel transactions. Please note that no reward points will be earned on fuel transactions. Know more: bit.ly/41AlY0n
Which are the merchant categories selected for reward point revision?
From April 2nd, 2023, transactions on Ultimate credit card for Utilities, Supermarkets, Insurance, Property management, Schools & Government payments will now earn 3 reward points on every INR150 spent.
| MERCHANT CATEGORY CODE (MCC) | MCC DESCRIPTION | SPENDS | REVISED REWARDS |
| 4900 | Utilities | 150 | 3 |
| 5411 | Supermarkets | 150 | 3 |
| 5960,6300 | Insurance | 150 | 3 |
| 7349,6513 | Property Management / Rent Pay | 150 | 3 |
| 8299 | Schools | 150 | 3 |
| 9399 | Government | 150 | 3 |
tappukepapa wrote:Ok, uske female founder se maine baat kiya tha.Husband and wife Co- Founders hain.
Knight11 wrote:Haha, nice. Now one card out of my wishlist.
Now only AU bank remaining, i guess among. (Maybe amex as well)
Amex only give card to serviceable pincodes in 25-30 cities & no self employed unless formal business with proof(no c2c application either). Similar for AU bank unless getting pre-approved offer via bank acc.
guest_999 wrote:Amex only give card to serviceable pincodes in 25-30 cities & no self employed unless formal business with proof(no c2c application either). Similar for AU bank unless getting pre-approved offer via bank acc.
Lot of people got lit and newly launched xcite series of cards. Although I think already have limitations on rent.
For variants like zenith, i agree, only people going for them are some psu and mnc employees, who get them LTF.
guest_999 wrote:I got Amex almost 4 years back on C2C basis with referral from a dimer (Dunno if that counts)Amex only give card to serviceable pincodes in 25-30 cities & no self employed unless formal business with proof(no c2c application either). Similar for AU bank unless getting pre-approved offer via bank acc.
Knight11 wrote:Nobody who declared himself as self employed with same home & business address got any xcite card last time I checked. Lit is basically a paid card(all reward point programs are paid subscription based) so very relaxed criterion.Lot of people got lit and newly launched xcite series of cards. Although I think already have limitations on rent.
For variants like zenith, i agree, only people going for them are some psu and mnc employees, who get them LTF.
any suggestion for best card for rent payment now?
Is standard chartered worth adding to the portfolio?
Just closed 2 cards last month
guest_999 wrote:
Nobody who declared himself as self employed with same home & business address got any xcite card last time I checked. Lit is basically a paid card(all reward point programs are paid subscription based) so very relaxed criterion.
Call the devil and devil is here.
Zenith got saved somehow though 🤣.
Good that they didn't allow me to swap my zenith with xcite cards😅.
LG50 wrote:Was planning to upgrade my SCB Manhattan to this cc and now there is no sense to take this card.
Same thought here.... Now will cancel Manhattan
Knight11 wrote:Haha, nice. Now one card out of my wishlist.
Now only AU bank remaining, i guess among. (Maybe amex as well)
I hope your saw AU thread today .. you can take one more off your list
indiansoul wrote:I hope your saw AU thread today .. you can take one more off your list
Check 3 comments above urs😂. Zenith has escaped.
What about Wallet Load?
FYI Last day before the changes take effect.
Looks like croma gvs also permanently removed from sc rewards...
anyway to earn same points on Utilities and fuel? Maybe using through another app?
Is it time to ditch the standard chartered ultimate card after reward points earn reduction and also croma vouchers removed from redemption.
Got the card in Last Feb, and accumulated RPs for 40K (not redeemed once) in intention to redeem against Jewellery GVs. But Jewellery GVs are taken out from 360rewards portal 2 months back and not returned yet.
Card is due for renewal, so was in a dilemma whether to continue with the card or not for last 2 weeks. This devaluation makes it easy to decide.
From the time got magnus 4 months back, usage of Ultimate is next to NIL. Since have many cards in portfolio, No point in holding Ultimate (even only 900 gst we are paying from our pocket).
Since already hold Smart and Digismart from same bank, Cibil wont impact.
Reward points redeemed for Croma gvs (will sell at some discount) and Total outstanding paid and sent mail for closure of card.