1.5% Unlimited Cashback
1.5% Unlimited Cashback
Standard Chartered Simply Cash Credit Card
The Standard Chartered Simply Cash offers a 1.5% unlimited cashback on most spending, making it ideal for those who dislike tracking bonus categories. This simplicity suits users with varied spending habits.
Card Details
Good For
Cashback-focused individuals who want a flat cashback rate on all eligible purchases, without tracking spending categories or minimums.
Cardholders who dine out and shop frequently in Asia can enjoy discounts through Standard Chartered's The Good Life Program.
Enjoy first year annual fee waiver
Things To Note
Watch out for the 27.90% annual interest rate; carrying a balance incurs high charges on purchases.
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Standard Chartered Simply Cash Credit Card Benefits 2025
Previously known as the Standard Chartered Unlimited Cashback Credit Card, the Simply Cash Credit Card is one of Standard Chartered’s best cards for cash back benefits. The benefits include unlimited 1.5% cashback on virtually all spend, with no minimum spend and no cashback cap – promising fuss-free cashback anytime, anywhere.
In this review, we’ll take a look at the requirements, pros and cons and other relevant details of the Standard Chartered (SCB) Simply Cash credit card before you seal the deal.
In this review, we’ll take a look at the requirements, pros and cons and other relevant details of the Standard Chartered (SCB) Simply Cash credit card before you seal the deal.
Customer Reviews on MoneySmart Credit Card Applications
Pros & Cons Of Standard Chartered Simply Cash Credit Card
Pros ✅
- Unlimited 1.5% cashback on almost all spend
- No minimum spend
- No cashback cap
- Complimentary first-year annual fee waiver
- Convenient online application with SingPass
- Open to Singapore Citizens, PRs and foreigners with a Singapore Employment Pass aged 21 - 65
- Up to 27.91% fuel savings at Caltex until 30 Jun 2025
- 0% interest funds transfer with only a one-time processing fee
- Access to over 3,000 attractive The Good Life® card dining, retail, travel, and lifestyle offers and privileges across Asia
Cons ❌
- EZ-Link facility discontinued since 1 Jun 2024
- Common MCC exclusions (e.g. insurance premiums, cash advance, medical bills, utilities, etc.) still apply and will not earn cashback
- Average cashback earn rate; relatively lower than other unlimited cashback cards like Citi Cash Back+ Card (1.6%) and UOB Absolute Cashback Card (1.7%)
- Cashback is not immediate; only credited and reflected in card’s next statement month
Uncover Other Perks Beyond Simply Cash!
Besides unlimited cashback, find out what else the Standard Chartered Simply Cash Card has to offer in our blog review!
Comparison: SCB Simply Cash vs UOB Absolute Cashback vs Citi Cash Back+ Card
While the Standard Chartered Simply Cash Card is a fairly reliable cashback card, how does it square up against other unlimited cashback credit cards? We’ve rounded up two other cards, UOB Absolute Cashback Card and Citi Cash Back+ Card, to compare and contrast their strengths and weaknesses.
SCB Simply Cash Card
Interest rate: 27.9% p.a.
Annual fee: $196.20 (First year waived)
Minimum annual income:$30,000 for Singaporeans & PRs
$90,000 for foreigners (w.e.f. 29 March 2025)
Card benefits:Unlimited 1.5% cashback on almost all spend
No minimum spend
No cashback cap
Up to 27.91% fuel savings at Caltex
Access to exclusive discounts across 3,000 The Good Life® merchants under dining, retail, travel, lifestyle, and more
Annual fee: $196.20 (First year waived)
Minimum annual income:
Card benefits:
UOB Absolute Cashback Card
Interest rate: 27.8% p.a.
Annual fee: $196.20 (First year waived)
Minimum annual income:$30,000 for Singaporeans & PRs
$40,000 for foreigners
Card benefits:Unlimited 1.7% cashback on almost all spend
No minimum spend
No cashback cap
Still earn cashback (albeit reduced 0.3% rate) on commonly-excluded merchants like insurance premiums, medical bills, utilities, etc.
Up to S$500,000 complimentary travel insurance coverage when you charge travel fare to card (includes cardmember’s spouse and dependent child(ren))
Annual fee: $196.20 (First year waived)
Minimum annual income:
Card benefits:
Citi Cash Back+ Card
Interest rate: 27.9% p.a.
Annual fee: $196.20 (First year waived)
Minimum annual income:$30,000 for Singaporeans & PRs
$42,000 for foreigners
Card benefits:Unlimited 1.6% cashback on almost all spend*
No minimum spend
No cashback cap
Bonus 0.4% cashback if you are the primary account holder of a Citi Interest Booster Account and a Citi Plus customer
Up to S$1 million complimentary travel insurance coverage when you charge travel fare to card
Redeem instant cashback via SMS or Citi Mobile app
Annual fee: $196.20 (First year waived)
Minimum annual income:
Card benefits:
*Up to 3.25% upsized cashback on qualifying foreign currency spend in 9 selected countries. Valid till 28 Feb 2025
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Standard Chartered Simply Cash Card Requirements
| Singapore Citizens / PRs | Foreigners / Expats | |
|---|---|---|
| Age | Singapore Citizens / PRs21 and above | Foreigners / Expats21 and above |
| Annual income | Singapore Citizens / PRs$30,000 | Foreigners / Expats$90,000 (w.e.f. 29 March 2025) |
| Documents required | Singapore Citizens / PRsFor salaried employees: For self-employed: For commission earner (any one below): | Foreigners / ExpatsA copy of passport and valid work permit (with minimum 6 months validity) A copy of any below: For additional documents, refer here |
Standard Chartered Simply Cash Credit Card Application
Here are 3 simple steps to apply for the Standard Chartered Simply Cash Credit Card
Step 1
Apply via MoneySmart’s Credit Cards page
Start your application by clicking the “Apply Now” button via MoneySmart.
Upon application, your SingPass MyInfo will be accessed to verify your identity and retrieve income details.
Once successfully submitted, the approval-in-principle page should appear within a few minutes.
Upon application, your SingPass MyInfo will be accessed to verify your identity and retrieve income details.
Once successfully submitted, the approval-in-principle page should appear within a few minutes.
Step 2
Provide all documentation required
You’ll need to provide all the necessary documentation in order for Standard Chartered Bank to approve your credit card application. This list of documents include:
- NRIC or other identification details
- Latest computerised payslip
- Latest 6 months’ CPF Contribution History Statement
- Latest Income Tax Notice of Assessment (NOA)
Step 3
Receive your Standard Chartered Simply Cash Credit Card
Activate your SCB Simply Cash Card instantly via the SC Mobile Singapore app under the "Help & Services" tab.
Navigate to “Credit Card Activation & PIN Set” > Select SCB Simply Cash Card > Set new PIN for card
Navigate to “Credit Card Activation & PIN Set” > Select SCB Simply Cash Card > Set new PIN for card
Frequently Asked Questions About SCB Simply Cash Credit Card
Do I have to change to the new Standard Chartered Simply Cash Credit Card if my Unlimited Cashback Credit Card is not due for renewal?
- No, it is not mandatory. You may continue to use your existing Unlimited Cashback Credit Card and enjoy the same benefits that the new Simply Cash Card provides, including 1.5% cashback on your card with no minimum spend and no cashback cap. Unless you require or request a renewal or replacement of your existing Unlimited Credit Card, a refreshed ‘Simply Cash Credit Card’ will not be sent to you.
Are there any fees if I apply for the Standard Chartered Simply Cash Credit Card?
- The SCB Simply Cash Credit Card charges an annual fee of $196.20 (first year waived). A fee waiver is available only for the first and second year, plus there are other fees like cash advance transaction fees, late payment fee, minimum monthly payment, foreign currency transaction fee, and overlimit fee.
When will I receive my cashback for my Standard Chartered Simply Cash Credit Card?
- The cashback for your eligible spending per statement cycle will be credited into your SCB Simply Cash Credit Card in the following statement month.
Am I eligible for the Standard Chartered Simply Cash Credit Card?
- If you’re a Singapore Citizen, Permanent Resident (PR) or foreigner with a valid Singapore Employment Pass, aged 21+, and earn a minimum annual income of $30,000 (Singaporeans/PRs) or $90,000 (Foreigners) (w.e.f. 29 March 2025), you’re eligible to apply for the SCB Simply Cash Card.
If I’m late for my monthly Standard Chartered Simply Cash Credit Card bill payment, how much do I have to pay?
- Late payment charge is S$100 and additional interest will be calculated on a daily basis at the most updated EIR determined by Standard Chartered Bank at the point of your late payment.