AU Bank LIT vs Standard Chartered Ultimate
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
AU Bank LIT wins 4-3. Pick-your-own-categories — toggle 5x on the categories you spend in. Standard Chartered Ultimate is still the right call if best general earn-rate at the ₹5k fee tier..
Side-by-side
| Criterion | AU Bank LIT | Standard Chartered Ultimate |
|---|---|---|
| Annual fee | No annual fee | · ₹5,000 |
| Joining fee | None | · ₹5,000 |
| Top reward rate | · 1% (general) | 3.3% (general) |
| Base reward rate | · 1% | 3.3% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = Customizable category boosts at sign-up | = 6,000 reward points + ₹1,000 voucher |
| Fee waiver threshold | · N/A (no fee) | ₹1,500,000 / yr |
| Min income | ₹360,000 | · ₹1,500,000 |
| Min credit score | 720 | · 780 |
| Editorial rating | = 4.4/5 | = 4.4/5 |
Benefits compared
AU Bank LIT
- Customize 1 of 8 spend categories at any time
- 5x reward points on chosen category
- 1% fuel surcharge waiver
- 4 free domestic lounge visits/year
- No annual fee, ever
Standard Chartered Ultimate
- 5 reward points per ₹150 (effectively 3.3%)
- 4 complimentary international lounge visits/year
- BookMyShow buy-1-get-1
- 1% fuel surcharge waiver
- Comprehensive travel + purchase insurance
FAQ
›AU Bank LIT vs Standard Chartered Ultimate: which is better?
AU Bank LIT wins on more dimensions (4 vs 3). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use AU Bank LIT for its best categories, Standard Chartered Ultimate for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
AU Bank LIT: Customizable category boosts at sign-up. Standard Chartered Ultimate: 6,000 reward points + ₹1,000 voucher.