Although SC cards are not much rewarding in terms of reward points and redemption. But this card is unlike other SC cards. It is considered best rewarding card in terms of rewards against fuel. Or you can also called it as fuel card.
It provides highest of all returns when it comes to fuel, which is not even provided by premium or super premium cards of the country. Now let us see what is there in the card.
SC Super Value Titanium Card Fees
|Joining Benefit||100% cashback up to INR 1500 at Fuel Pumps|
within first 90 Days
|Renewal Benefit||Fee reversal on spending Rs.90,000 in a year|
5% Cashback Categories
You can get 5% cashback on following:
- Utility Bills Payment
- Telecom Bill Payment
Condition for cashback
- for fuel: bill should not more than Rs.2000 per month
- Maximum cashback per transaction is INR 100
- Maximum cashback per month is INR 500
Though cash back cap is 500 per month but cash back cap on FUEL is only 200 per month. This is how 500 cap is broken
- 200 – fuel
- 200 – telecom
- 100 – utility bills
SC Super Value Titanium Card Features
- Reward Rate: 0.27%-5%
- Complimentary lounge access: Nil
- Foreign currency markup: 3.5%
- Cashback on fuel, utility & telecom: Rs.6000 in a year
It is a very basic card, there is nothing so exciting about the card except its cashback on fuel, utility & telecom. In this range you can go for ICICI Coral which comes with complimentary lounge access and decent reward point.
Instead of this you can also go for two of the HDFC card which lies in the same range.
- HDFC Freedom Credit Card
- HDFC Bharat Cashback Credit Card
What will be my credit limit?
The credit limit will depend on various factors like your income, credit history, etc. Your credit limit is not a permanent figure and can be increased or lowered at a later date depending on your spends and repayment behaviour.
How much is the interest charges?
The Monthly interest rate is annualized to arrive at the Annualized Percentage Rate (APR). Monthly interest rate of 3.49% pm is annualized to arrive at an APR of 41.88% for all credit cards.
How is the Minimum Amount Due on the card calculated?
The minimum amount due every month shall be higher of the following
(a) 5% of statement outstanding or
(b) sum total of all installments billed, interest, fees, other charges, amount that is over limit and 1% of the principal or Re 250.