The standard charter smart credit card offers an attractive offer with 6% cash back on qualifying transactions, and along with that spending money is not required. In addition to this, you have the opportunity to divide your payments into three interest-free installments with the help of Easy Pay.
The Standard Chartered Smart Credit Card is quite appealing to everyone because there is no advance fee or any other additional annual fee. It is important to note that cashback is only for subscriptions, public transport, and breakfast joints. From this, the Standard Chartered Smart Credit Card is extremely beneficial for those people who want to get maximum rewards from the purchases they made in daily life.
Features and Benefits of Standard Chartered Smart Credit Card
One of the most important features of this smart credit card is that its annual fee is S$0 perpetual waiver. The income requirement for citizens and PR is S$30,000 and for foreigners, the requirement is S$60,000. Some of the key features of Standard Chartered Smart Credit Card include: The annual fee is $0. There is 6% cash back on eligible spending. There is 0.5% cashback on all basic spending. There is no minimum spend. There is no cash advance fee.
What is the thing that makes Standard Chartered Smart Credit Card different from all?
The Standard Chartered Smart Credit Card is different from other cards because there is no annual fee on this. This card is a top choice for those consumers who spend regularly on fast food, digital streaming platforms and subscriptions, breakfast joints, and public transport.
One of the best features is that cardholders can earn up to 6% cash back and there is no condition of minimum spending of money. The cherry on top is that the annual fee is perpetually waived. Nevertheless, it is important to know that cashback is capped at 14,400 reward points and which is equal to about $45.
Some promotions of Standard Chartered smart credit card
There are a lot of promotions on Standard Chartered smart credit card for its valuable customers that include the following: Qualified customers can receive Air pods Pro Gen 2 which is worth equal to $359 cash with the help of Pay Now. This promotion is valid for new Standard Chartered card member. The time period of this promotion is 5th to 18th December 2022.
Another feature of this card that is worth mentioning is that the user has the option of the Easy Pay Feature. This feature allows the user to split the payment in installments according to their preferred or desired time period, and this tenure can last up to 3, 4, 6, and even 12 months. With the Standard Chartered smart cred card, the user gets 100% cash back on a one-time service fee if the user has opted for the plan of 3 months.
The three-month installment Plan
The transaction amount should be S$900. The tenure of the installment should be three months. The monthly repayment should be S$300. The one-time service fee is S$9 and the cashback it’s also S$9. Another thing is that if you are one who loves traveling, then there is a notable feature for you.
The offeror feature is travel insurance up to S$500,000. To avail of this service, you need to charge your full travel fare to your card before going abroad for travel. To say, this is not very comprehensive travel insurance, but this plan will give you a sense of security and will give you peace of mind when you will go on your next vacation.
There are Qualifying Merchants Transactions, which include: Fast Food merchants include KFC, McDonald’s, Burger King, and Subway. Digital streaming subscriptions include Netflix, Spotify, Disney+, and YouTube. Plus, the public transport includes BUS/MRT through Simply Go.
The actual criteria for working with Standard Chartered smart credit card’s review program
If you want to get the reward program and want to save money, you need to follow and keep these points in your mind. In the reward program, the reward is given in the form of 360 degrees reward points. You can redeem cash back with 360 degrees reward points online. The earned reward points are equal to S$1.
The comparison of Standard Chartered smart credit card with Citi SMRT card
The Citi SMRT card is quite similar to the Standard Chartered smart credit card in many ways as the Citi SMRT card also offers a 5% rebate on public transport rides. In addition to this, the Citi SMRT card also offers a 5% discount on online purchases, groceries, and taxes.
The Citi SMRT card is good because it is EZ link compatible. The Standard Chartered smart credit card offers a high cash back rate, but the Citi SMRT card is only limited to qualifying merchants. From all this, if you want good cash back on all merchants, this can be a good option for you.
The comparison of Standard Chartered smart credit card with OCBC Frank Card
OCBC Frank card is a fair choice for young adults. This card can maximize rewards for entertainment and online shopping. In addition to this, there is an option of avoidance of annual leave. With this card, there is also a 5% rebate on bars, cinemas, cafes, and many other things. But this card has the option of a monthly minimum. The standard chartered smart credit card also offers all these services but it does not have the option of a monthly minimum which makes it a far better option.
Final Words
In comparison to other cards, the Standard Chartered Smart Credit Card is different from other cards because there is no annual fee on this. This card is a top choice for those consumers who spend regularly on fast food, digital streaming platforms and subscriptions, breakfast joints, and public transport. One of the best features is that cardholders can earn up to 6% cash back and there is no condition of minimum spending of money, and all these things make it a better option.
