The Standard Chartered Smart Credit Card by SC Bank targets moderate income individuals. It has a Rs. 499 joining fee and offers a 90-day interest-free period initially. The card provides 2% cashback on online transactions and 1% on offline spends, with a monthly cashback cap of Rs. 1,500, totaling up to Rs. 18,000 annually. Additionally, spending Rs. 1,20,000 in a year waives the Rs. 499 renewal fee. This card is ideal for frequent online spenders looking to maximize savings.
On Standard Chartered Bank Website
Updated: 29-05-2024 09:49:32 AM
| Joining & Renewal Fee | Rs. 499 + Taxes |
| Best suitable for | Shopping |
| Welcome Benefits | Extended 90 days interest period from the date of the card issuance |
| Reward Rate | Cashback of 2% on online spends and 1% on offline spends |
| Joining & Renewal Fee | Rs. 499 + Taxes |
| Best suitable for | Shopping |
| Welcome Benefits | Extended 90 days interest period from the date of the card issuance |
| Reward Rate | Cashback of 2% on online spends and 1% on offline spends |
The SCB Smart Credit Card, a recently unveiled cashback card, offers an array of compelling rewards on both online and offline purchases. Detailed below are the various benefits associated with this credit card:
The annual renewal fee of Rs. 499 is waived from the second year onwards for spending Rs. 1,20,000 or more in the previous anniversary year.
| Interest Charge | 3.75% per month |
| Late Payment Charges | Outstanding Balance
Upto Rs.100 – Nil Between Rs.101‑ Rs. 500 – Rs.100 Between Rs. 501-Rs.1,000 – Rs.350 BetweenRs.1001-Rs.10,000– Rs.550 Between Rs.10,001-Rs.25,000 – Rs.800 Between Rs.25,001-Rs.50,000 – Rs.1100 Above Rs.50,000 – Rs.1300 |
| Add-on Card Fee | Nil |
| Cash Advance Charges | 3% of cash advance subject to a minimum charge of Rs 300 |
| Forex Charges | 3.5% |
| Fuel Surcharge | 1% fuel surcharge or Rs. 10, higher of the two, will be granted as fuel surcharge waiver. |
To qualify for this credit card, applicants must satisfy the following criteria:
To apply for the Standard Chartered Bank Smart Credit Card, ensure you have the following documents:
The application process for the Standard Chartered Credit Card is available both online and offline. To apply in person, simply visit the nearest SC bank branch and complete the application form.
For online applications, follow these easy steps:
Get exclusive rewards, offers, & cashback benefits. Compare & choose a best suited credit card as per your need and apply online!
Applicants must be aged between 18 and 65 years for the primary card and at least 18 years for additional cardholders. A stable income and residence in a city with a Standard Chartered branch are also required.
Cardholders earn 2% cashback on online spends (capped at Rs. 1,000/month) and 1% on offline spends (capped at Rs. 500/month). Cashback is not applicable on fuel transactions.
The Standard Chartered Smart Credit Card is termed a ’90-day interest-free credit card’ due to its unique welcome benefit for new cardholders. Upon acquiring this card, cardholders are granted an extended interest-free period for the first 90 days from the date of card issuance. This means that for these initial 90 days, cardholders can make purchases and carry a balance on their card without incurring any interest charges, provided they at least make the minimum payment due. This feature is particularly beneficial for those new to credit or looking to manage their finances more effectively in the short term.
Yes, new cardholders enjoy an extended interest-free period for the first 90 days, provided they pay the minimum amount due. This benefit is applicable only to the primary card.
Yes, the Rs. 499 annual fee is waived from the second year if you spend Rs. 1,20,000 or more in the previous anniversary year.
Applicants need to provide identity proof (like Aadhar, PAN, Passport), address proof (like Aadhar, Driving Licence), a passport-sized photograph, and income proof (recent salary slips for salaried or IT Returns for self-employed).
Applications can be made online via the ‘Apply Now’ button on the relevant page, or offline by visiting a nearby Standard Chartered branch.
Applicants are informed about the approval or rejection of their application through SMS or email.
