Standard Chartered Smart Credit Card
- Joining fee
₹499 + GST (Wavied for First-Time SCB Credit Card Holders)
- Annual fee
₹499 + GST
- Best suited for
Shopping
- Reward type
Cashback
Rewards
- Rewards rate
Cashback of 2% on online spends and 1% on offline spends
- Welcome benefits
Extended 90 days interest period from the date of the card issuance date.
- Reward redemption
The earned cashback is automatically credited to your account.
Fees & charges
- Spend-based waiver
Annual Fee Waiver On Spends of ₹1.2 Lakh
- Rewards redemption fee
Nil
- Foreign currency markup
3.5% on all international transactions.
- Interest rates
3.75% per month
- Fuel surcharge waiver
A 1% fuel surcharge or Rs. 10, higher of the two, will be granted as fuel surcharge waiver.
- Cash advance charges
3% of the cash withdrawn, subject to a minimum of Rs. 300.
Product highlights
- Get a longer interest-free period for the first 90 days after card set up.
- You earn 2% cashback on all your online spends using the Standard Chartered Smart Credit Card.
- You earn 1% cashback on all your offline spends.
- Spend-based waiver of the renewal fee.
- A low-interest rate of only 0.99% per month on EMI transactions.
FAQs
Do I earn cashback on cash withdrawals with Standard Chartered Smart Credit Card?
No cashback is earned on cash withdrawals and fuel purchases with Standard Chartered Smart Credit Card.
How can the annual fee of Standard Chartered Smart Credit Card be waived off?
The annual fee of Standard Chartered Smart Credit Card is waived off if a minimum of Rs. 1.2 lacs were spent in the preceding membership year.
Is the low interest rate of 0.99% per month and zero processing fee applicable on all EMI transactions made with Standard Chartered Smart Credit Card?
The lower interest of 0.99% per month and zero processing fee is applicable only on eligible EMI transactions made with Standard Chartered Smart Credit Card as specified by the bank.
Is there a monthly cap on the cashback I can earn using this card?
Yes, with the Standard Chartered Smart Credit Card, you can earn a maximum cashback of Rs. 1,500 in a month (up to Rs. 1,000 in the online category and up to Rs. 500 on offline spends).