When it comes to managing fuel and utility expenses, having the right credit card can help you save significantly through cashback, reward points, and discounts. Two popular options in India are the Kotak Royale Signature Credit Card and the Standard Chartered Super Value Titanium Credit Card. In this detailed comparison, we will analyze their benefits, features, fees, and rewards to determine which is the best credit card for fuel and utilities.
Kotak Royale Signature vs. Standard Chartered Super Value Titanium
Below is a quick comparison of both credit cards based on key parameters:
Features | Kotak Royale Signature | Standard Chartered Super Value Titanium |
|---|---|---|
Joining Fee | Rs. 1,499 | Rs. 499 |
Annual Fee | Rs. 999 (waived on spending Rs. 1 lakh annually) | Rs. 750 (waived on spending Rs. 90,000 annually) |
Fuel Surcharge Waiver | 1% (up to Rs. 3,500 per year) | 1% (up to Rs. 2,000 per year) |
Utility Bill Payment Benefits | Earn reward points | 5% cashback (capped at Rs. 200 per month) |
Reward Points on Other Spending | 4 points per Rs. 150 spent | 1 reward point per Rs. 150 spent |
Cashback on Fuel | Not available | 5% cashback (up to Rs. 200 per month) |
Airport Lounge Access | Yes, complimentary | No |
Eligibility | Minimum income of Rs. 24 lakh per annum | Minimum income of Rs. 6 lakh per annum |
Features of Kotak Royale Signature Credit Card
Fuel Surcharge Waiver
- 1% waiver on fuel transactions (max benefit of Rs. 3,500 per year).
- No cashback on fuel purchases.
Utility Bill Payments
- Earn 4 reward points per Rs. 150 spent on utilities.
- No cashback available on utility bill payments.
Reward Points System
- 4 points per Rs. 150 spent on general purchases.
- 8 points per Rs. 150 spent on international transactions.
- Reward points can be redeemed for travel, shopping, and more.
Additional Perks
- Complimentary airport lounge access.
- Discounts on dining and shopping.
- Annual fee waiver on spending Rs. 1 lakh per year.
Features of Standard Chartered Super Value Titanium Credit Card
Fuel Cashback & Surcharge Waiver
- 5% cashback on fuel transactions (capped at Rs. 200 per month).
- 1% fuel surcharge waiver at all petrol pumps (maximum benefit of Rs. 2,000 per year).
Utility Bill Payment Benefits
- 5% cashback on utility bill payments (capped at Rs. 200 per month).
Reward Points System
- 1 reward point per Rs. 150 spent on general transactions.
- Reward points can be redeemed for vouchers, travel, and more.
Additional Perks
- Dining and shopping discounts via Standard Chartered’s partner network.
- Annual fee waiver on spending Rs. 90,000 per year.
Which Credit Card is Better for Fuel & Utility Payments?
Both credit cards offer distinct benefits for fuel and utility payments. Here’s a comparison based on different user needs:
Best for Fuel Expenses
- Winner: Standard Chartered Super Value Titanium
- Offers 5% cashback on fuel (max Rs. 200 per month) plus a 1% fuel surcharge waiver.
- More savings compared to Kotak Royale Signature, which only offers a surcharge waiver but no cashback.
Best for Utility Bill Payments
- Winner: Standard Chartered Super Value Titanium
- Provides 5% cashback on utility bills (max Rs. 200 per month).
- Kotak Royale Signature only offers reward points, which may take time to accumulate and redeem.
Best for High-Income Individuals & Frequent Travelers
- Winner: Kotak Royale Signature
- Offers airport lounge access, higher reward points for general spending, and a more premium experience.
- Ideal for users who spend more on travel and international transactions.
Best for Users Seeking Low Fees & Cashback
- Winner: Standard Chartered Super Value Titanium
- Lower joining and annual fees, with easy spending thresholds for waiver.
- 5% cashback on both fuel and utilities, making it the better value-for-money option.
Which Card Should You Choose?
- If you spend heavily on fuel and utilities and want cashback benefits, Standard Chartered Super Value Titanium is the better choice.
- If you want luxury benefits like lounge access and higher rewards for general spending, Kotak Royale Signature is ideal.
- For a balanced approach, Standard Chartered Super Value Titanium is the best budget-friendly card with cashback advantages.
Frequently Asked Questions
The Standard Chartered Super Value Titanium card provides 5% cashback on fuel transactions, making it the better option for fuel purchases.
Yes, both cards offer a 1% fuel surcharge waiver, but the Kotak Royale Signature card has a higher maximum limit of Rs. 3,500 per year, compared to Rs. 2,000 per year for Standard Chartered.
The Standard Chartered Super Value Titanium card is better for utility payments as it offers 5% cashback on bill payments (capped at Rs. 200 per month).
Yes, the Kotak Royale Signature card offers 8 reward points per Rs. 150 spent on international transactions, making it ideal for frequent travelers.
The Standard Chartered Super Value Titanium card has a lower annual fee of Rs. 750, which can be waived if you spend Rs. 90,000 annually. The Kotak Royale Signature card charges Rs. 999, with a waiver for spending Rs. 1 lakh per year.
With years of experience in the finance industry, prashant specializes in providing clear, insightful content on credit cards, loans, and personal finance strategies. His goal is to empower readers with the knowledge they need to make informed financial decisions.