5 pts / ₹150
Strong data Pairwise comparison
Compare 3+ cards →
IDFC FIRST Bank Mayura vs Standard Chartered Bank India Ultimate Credit Cards – Fees, Lounge, Forex
Side-by-side comparison of the IDFC FIRST Bank Mayura and the Standard Chartered Bank India Ultimate. Verify fees, lounge access, forex markup, and base rewards before you apply.
The short answer
VerdictHead-to-head
Three core metrics- Annual fee Ultimate saves ₹999/yrMayura ₹5,999 Annual-fee waiver not offeredUltimate ₹5,000 Annual-fee waiver not offered
- Forex markup Mayura saves ~₹2,000 per ₹1L abroadMayura 0%Ultimate 2%
- Domestic lounge Mayura 16/year (4 per quarter) Conditional · 4/quarter · requires ₹20,000 spend in the previous month (unlocks the following month)Ultimate 16/year (4 per quarter) Conditional · International: 1/month · requires ₹20,000 spend in the previous month (unlocks the following month)
Reward earning explained
Per card5 pts / ₹150
Strong dataPick based on what matters
4 dimensionsStart with the constraint you care about most: annual fee (IDFC FIRST Bank Mayura: ₹5,999 vs Standard Chartered Bank India Ultimate: ₹5,000), forex markup (0% vs 2%), or lounge access (16/year (4 per quarter) vs 16/year (4 per quarter)).
-
Travel IDFC FIRST Bank Mayura wins IDFC FIRST Bank Mayura is better for travel
IDFC FIRST Bank Mayura is stronger here. Forex markup is 0%.
-
Forex markup IDFC FIRST Bank Mayura wins IDFC FIRST Bank Mayura is better for forex
IDFC FIRST Bank Mayura is stronger here. Forex markup is 0%.
-
Lounge access Tie Both cards are similar for lounge access
Domestic lounge access is 4 per quarter.
-
Rewards Standard Chartered Bank India Ultimate wins Standard Chartered Bank India Ultimate is better for rewards
Standard Chartered Bank India Ultimate is stronger here. Standard Chartered Bank India Ultimate conservative base value ~3.3% vs IDFC FIRST Bank Mayura's ~0.8%.
All fields
Example usage at this monthly spend
At ₹50k/month spend:
- Standard Chartered Ultimate: ~₹1,670/month at base rate
- IDFC First Bank Mayura: ~₹420/month at base rate
Illustrative only, using current base rates before caps.
| Field | Mayura IDFC FIRST Bank | Ultimate Standard Chartered Bank India |
|---|---|---|
| Insurance — Air accident cover Only available for IDFC First Bank Mayura | ₹1 crore | Not specified |
| Insurance — Personal accident cover Only available for IDFC First Bank Mayura | ₹10 lakh | Not specified |
| Insurance — Lost card liability cover Only available for IDFC First Bank Mayura | ₹50,000 | Not specified |
| Insurance — Underwriter Only available for IDFC First Bank Mayura | Insured by New India Assurance | Not specified |
| Lounge Access | ||
| Domestic lounge visits spend-gated on some cards — see caveats | 16/year (4 per quarter) | 16/year (4 per quarter) |
| International lounge visits 4 per quarter vs 1 per month | 4 per quarter | 1 per month |
| Forex / International Use | ||
| Forex markup 0% vs 2% | 0% | 2% |
| Fees | ||
| Recurring annual fee ₹5,999 vs ₹5,000 | ₹5,999 | ₹5,000 |
| Annual-fee waiver | Not offered | Not offered |
| Interest-free period Up to 45 days vs Up to 48 days | Up to 45 days | Up to 48 days |
| Monthly interest rate 3.85% / month vs 3.75% / month | 3.85% / month | 3.75% / month |
| Fuel benefit Only available for IDFC First Bank Mayura | 1% surcharge waiver · ₹200–₹5,000 transactions · ₹300/month waiver cap | Not specified |
| Rewards | ||
| Points per ₹150 | 5 pts / ₹150 | 5 pts / ₹150 |
| Conservative base value ~0.8% vs ~3.3% | ~0.8% | ~3.3% |
| Earn ceiling | Not stated | Not stated |
| Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. ₹0.25 vs ₹1 | ₹0.25 | ₹1 |
| Point validity Only available for IDFC First Bank Mayura | 2 years | Not specified |
Notes
- IDFC First Bank Mayura Credit Card: Condition: ₹20,000 spend in the previous month (unlocks the following month)
- Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.
IDFC FIRST Bank Mayura
Verify with issuer , opens external siteStandard Chartered Bank India Ultimate
Verify with issuer , opens external site