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Standard Chartered Bank Smart Credit Card

(3.8/5)
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The Standard Chartered Smart Credit Card has become increasingly popular, especially after the devaluation of many other cashback cards that excluded multiple spending categories. The standout feature of this card is its straightforward cashback on nearly all purchases, with the exception of fuel. Unlike other cards that limit rewards to specific categories, this one offers real cashback across the board, making it a must-have for those who want to maximize rewards on various expenditures. Scroll down to learn more about this versatile credit card.

Features and Benefits

Features and benefits available in this credit card

Cashback
Reward Points
Airmiles
Airport Lounge
Utility Bills
Insurance
NPS
Education
Government Payment
Fuel
Rent
Giftcards
Jewellery
Wallet Load
Rewards on EMI
Welcome Bonus
Travel
Dining
Shopping
Interest

Welcome Benefits

  • Zero joining fee if the credit card applicant is not having any existing Standard Chartered Credit Card

Cashback and Rewards

  • 2% Cashback upto Rs.1,000 per month on all online spend
  • 1% Cashback upto Rs.500 per month on all offline spend
  • Cashback on everything, only exclusions is Fuel

Fuel Surcharge Waiver

This card does not offer fuel surcharge waiver. Rs.10 or 1.18% (including GST) of transaction (whichever is higher) on fuel purchase transactions will be applicable.

Forex mark-up Fee

  • 3.5% plus GST (4.13%)
  • Transactions at merchant establishments that are registered overseas, even if the merchant is located in India attract a charge of 1% + GST (1.18%)

Welcome Benefits

  • Zero joining fee if the credit card applicant is not having any existing Standard Chartered Credit Card

Cashback and Rewards

  • 2% Cashback upto Rs.1,000 per month on all online spend
  • 1% Cashback upto Rs.500 per month on all offline spend
  • Cashback on everything, only exclusions is Fuel

Fuel Surcharge Waiver

This card does not offer fuel surcharge waiver. Rs.10 or 1.18% (including GST) of transaction (whichever is higher) on fuel purchase transactions will be applicable.

Forex mark-up Fee

  • 3.5% plus GST (4.13%)
  • Transactions at merchant establishments that are registered overseas, even if the merchant is located in India attract a charge of 1% + GST (1.18%)

Reward Redemption

Cashback can be redeemed into the credit card statement. But the user needs to follow following steps.

  1. The cashback earned on a Smart Card will be available in the Rewards Portal of the Bank e. R360 (https://retail.sc.com/in/rewards360/rewards_home/in.).
  2. Customer needs to log into Online Banking & proceed to 360 Rewards or login directly to 360 Rewards here. https://retail.sc.com/in/rewards360/rewards_home/in
  3. Next, please select Smart card in the drop-down menu (in case of multiple SCB credit cards).
  4. Once redeemed the cashback will reflect in the credit card account within next 3 working.
  5. Rs.1000 is the minimum Cashback amount for the first-time cashback redemption on Smart Credit Card.
  6. Subsequently, all redemption can be done in blocks of Rs.500 (In this example, the user can redeem the either of 1000, 1500, 2000, 2500 or 3000).

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Annual Spend Target
for Renewal Fee Waiver (INR)
₹ 120000

Pros

Aspects that make this credit card amazing.

  • Cashback on everything. Only fuel is excluded
  • Decent cashback rate and it gives real cashback.
  • Relatively low annual spend target for renewal fee waiver
  • Easy to understand, simple to manage credit card

Cons

Aspects this credit card lacks.

  • Cashback is not automatically credited in the credit card statement. User needs to redeem the cashback to credit it in the credit card statement. This unnessesary step could have been avoided.
  • No lifestyle benefits like lounge access or discount on dinings etc.

Spend Categories with No Cashback / Rewards

No cashback on following

  • Fuel
  • Cash withdrawal
  • Credit card fee payments and other credit card charges

Add-on Cards

Add-on credit cards available

Eligibility Criteria

  • Applicant’s age should be between 18 and 65 years.
  • Applicants should have a stable monthly income (usually Rs.4 Lacs or more in a year)
  • Applicants should belong to credit card sourcing cities/locations of the Bank.
  • All applications are subject to credit and other policy checks of the Bank.

Upcoming Changes

No upcoming changes

Rating & Leave your comment here about this credit card

Rating & Leave your comment here about this credit card

(3.8/5)

SpendWisely’s Rating for this Credit Card

(3.8/5)

Ratings you can trust: honest, unbiased, and backed by SpendWisely’s expertise.

Reward Value
(4)
Lifestyle Benefits
(1)
Ease of Reward Redemption
(4)
Value for Money
(5)
Customer Service
(5)

If you’re looking for a credit card that offers real cashback on your spending, the Standard Chartered Bank’s Smart Credit Card is a top choice. Unlike many other credit cards that no longer provide cashback on government payments, insurance, utility bills, and similar expenses, this card stands out. It offers a 2% cashback on all online purchases, with no exclusions, and 1% cashback on offline purchases across all categories, except for fuel. This makes it an excellent option for maximizing your cashback rewards on everyday spending.

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(3.8/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
1%
Accelerated Reward Rate
7%
(3.8/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
1%
Accelerated Reward Rate
7%
More Details
(4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
5%
(4/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
5%
More Details
(4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 1770
Renewal fee
(INR including GST)
₹ 1770
Base Reward Rate
1%
Accelerated Reward Rate
7.5%
(4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 1770
Renewal fee
(INR including GST)
₹ 1770
Base Reward Rate
1%
Accelerated Reward Rate
7.5%
More Details
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
(2.6/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
More Details
(3.2/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.2%
Accelerated Reward Rate
4%
(3.2/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.2%
Accelerated Reward Rate
4%
More Details
(3.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
0.25%
Accelerated Reward Rate
3.25%
(3.6/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
0.25%
Accelerated Reward Rate
3.25%
More Details

Domestic Airport Lounge Access

Not Available

International Airport Lounge Access

Not Available

Airport Spa Access

Not Available

Airport Meet & Greet Service

Not Available

Railway Lounge

Not Available

Movie Tickets

Not Available

Dining Benefit

Not Available

Golf

Not Available

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