Standard Chartered Smart Credit Card
Standard Chartered Bank
A straightforward capped-cashback card for online-heavy spenders on a budget.
₹499
Joining fee
₹499, waived at ₹1.2L spend
Annual fee
Rs 499 annual fee reversed for spends of Rs 1,20,000+ in the preceding year (confirmed by both official and aggregator sources).
3.5%
Forex markup
4.5 / 5
Rating
Eligibility
Estimated minimum income: ₹20,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 650+
Estimated — not officially confirmed by the bank.
Aggregator describes it as an entry-level card with easy eligibility; no employment or gender restrictions mentioned.
Lounge access
0 domestic / 0 international visits per year
Key features
- 2% cashback online (cap ₹1,000/month), 1% elsewhere (cap ₹500/month)
- 3-month EMI at 0.99%/month
Reward details
1% cashback on other spends (including utility bills - water, gas, telecom, electricity), capped at Rs 500/month
- 2% cashback on Online spends — Rs 1,000/month
Redemption
Via 360° Rewards portal, minimum balance Rs 2,500 required, redeemable in Rs 1,000 multiples only, no redemption fees, credited within 3 working days
Excluded from rewards: fuel transactions, cash withdrawals, returns/exchanges
- 90-day interest-free period on retail transactions
- EMI conversion on purchases ≥Rs 2,000 at 0.99% monthly, zero processing fees
- Maximum annual cashback potential up to Rs 18,000/year per official headline claim
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- 2X cashback on online spends valued; no brand restrictions on where cashback is earned — Paisabazaar
Complaints
- Cashback capping described as quite low; redemption process seen as unnecessarily complex — Paisabazaar
Sources
- Official — fees, eligibility documents
- Aggregator — fees, rewards, sentiment