Standard Chartered Simply Cash Credit Card

Standard Chartered Simply Cash Credit Card

1.5% UNLIMITED CASHBACK
Standard Chartered Simply Cash Credit Card gives you unlimited cashback at a flat 1.5% rebate rate. Additional benefits such as Caltex petrol, dining, and shopping promotions make this an all-rounded card for individuals in Singapore who prefer a fuss-free cash back credit card.
Up to 23.7%
Fuel Savings at Caltex
1.5%
Cash Back at all Other Petrol Stations
Unlimited
Cash Back Cap per month
MoneySmart Exclusive

Unlock Exclusive Rewards
Earn up to 5,000 SmartPoints or up to S$400* when you apply and meet the relevant spend criteria. T&Cs apply.
 
Why Choose SmartPoints? 
Enjoy the ultimate flexibility to redeem ANY gift at our Rewards Store.
Short on points? Simply pay the difference with cash, and grab your desired gift today!

Valid until 07 Mar 2024 - See more details below

Are you eligible?

    • Promotion is valid from 01-March-2024 to 07-March-2024

    • Applicable for New-to card holders only

    • Customers need to apply through MoneySmart to be eligible

What you need to know

  1. Log into your MoneySmart account and submit your claim by 7th April 2024

  2. Tier 1 Rewards: Receive up to S$350 Cash via PayNow or 4,500 SmartPoints when you spend a min. of S$500 in Eligible Transactions within 1 month from card approval date.
    - S$330 Cash via PayNow
    - Extra S$20 Cash via PayNow when you use EasyPay

  3. Tier 2 Rewards: Receive up to S$400* or 5,000 SmartPoints when you spend a min. of S$500 in eligible transactions each month, for the first two consecutive months from the card approval date.
    - S$330 Cash via PayNow
    - Extra 500 SmartPoints (equivalent to S$50 worth of vouchers)
    - Extra S$20 Cash via PayNow when you use EasyPay

  4. In order to qualify for the extra S$20 Cash via PayNow when you use EasyPay:
    - Make additional transactions totaling above S$150 on top of fulfilling the spending criteria for the MoneySmart Reward
    - AND use EasyPay to split the transactions into interest-free installments.

  5. Use SmartPoints earned to redeem:
    - Bespoke Hand-Painted IFL G-Shock CasiOak 
    - Sony WF-1000XM5 Wireless Noise Cancelling Headphones
    - ErgoTune Classic Ergonomic Chair 
    - Apple Watch SE (GPS), 40mm AND many other products!

  6. SmartPoints will be credited into your SmartPoints Wallet with a validity period of 60 days. T&Cs apply

  7. For more information regarding SmartPoints, refer to our FAQ here.

  8. Please note that gifts will typically be fulfilled approximately 4 to 5 months after the end of the campaign month (31 March 2024).

  9. MoneySmart exclusive rewards do not stack with external or third-party promotions. See T&Cs for details.

T&Cs
FAQ
Claim Form

Quick Facts

Get the maximum value by

Using this as a go-to card for all your daily expenditure

Good for

Individuals looking for a straightforward unlimited cashback credit card

Categories to maximise this card

Spend in all categories

What people use it for

Daily expenditure; big-ticket purchases

Get if

Your monthly expenses are unpredictable and you don’t like to fuss over eligible spending categories

All Details

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Standard Chartered Simply Cash Credit Card Review 2024

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 1.5% cashback on your card with no minimum spend and no cashback cap. Since the refresh in December 2022, existing cardholders of the Unlimited Cashback Card can still continue to use their existing Unlimited Cashback Card for the same benefits as the new Simply Cash Credit Card. Unless you require or request for a renewal or replacement of your existing Unlimited Credit Card, a refreshed ‘Simply Cash Credit Card’ will not be sent to you. In this review, we’ll take a look at the requirements, pros and cons and other relevant details of the Standard Chartered Simply Cash credit card before you make a decision to get this card.

Pros & Cons

Pros

  • Interest rate of 26.90%
  • No minimum spend required
  • 1.5% cashback on all eligible purchases
  • First year of annual fee waiver
  • No minimum spend
  • Unlimited cashback
  • $250 cashback upon activation of card
  • $80 cashback referral reward
  • Up to 21% discount for Caltex petrol spending
  • Convenient online application with SingPass
  • Open to Singapore Citizens, PRs and foreigners with a Singapore Employment Pass aged 21 - 65
  • Exclusive dining and shopping discount privileges under
  • Standard Chartered’s The Good Life benefits program

Cons

  • Cash advance transaction fee
  • Foreign currency transaction fee
  • Overlimit fee

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 by simply clicking on our Standard Chartered Simply Cash Credit Card application link.


When you choose to apply online via Standard Chartered’s website using SingPass MyInfo, Standard Chartered will pull your identity and income data from SingPass (which is already verified), thus reducing the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.

Step 2

Provide all documentation required

You’ll need to provide all the necessary documentation in order for Standard Chartered 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

You’ll be able to activate your Standard Chartered Simply Cash Credit Card through the SC Mobile Singapore App and create your 6-digit Unlock Code to secure your credit card transactions.

Compare SCB Simply Cash Credit Card vs. OCBC Cashflo Card vs. Citi Cash Back + Card

Being one of the ideal cards for cashback benefits, Standard Chartered Simply Cash credit card is often pitched against others like the OCBC Cashflo Card and Citi Cash Back+ Card which are among the many cash back credit card options you would have come across on MoneySmart’s online credit card comparison wizard.

Let’s compare these 3 credit cards and have a closer look at their requirements and benefits. The key factors which we’ll be focusing on are interest rates, annual fees, minimum annual income requirements and cash back benefits.

Among the 3 credit cards, the Standard Chartered Simply Cash credit card gives you a decent percentage of cash back on your spending on most categories - a 1.5% which is in between the 1.6% and 1% you can get from Citi Cash Back + card and OCBC Cashflo card respectively.

However, in terms of interest rates, the Standard Chartered Simply Cash credit card charges a slightly higher interest rate than OCBC Cashflo Card, but it offers a more attractive cashback of $250 upon activation of your Standard Chartered Simply Cash credit card. Moreover, you’ll get another $80 cashback when you refer a friend or family member to sign up for a Standard Chartered Simply Cash credit card.

Comparison between SCB Simply Cash Credit Card vs. OCBC Cashflo Card vs. Citi Cash Back + Card

SCB Simply Cash Credit CardOCBC Great Eastern Cashflo CardCiti Cash Back + Card
Interest rate:
26.90%
Interest rate:
27.78%
Interest rate:
26.90%
Annual fee:
$196.20 (incl. 9% GST, first and second year waiver available)
Annual fee:
$162 (Waiver available)
Annual fee:
$196.20 (incl. 9% GST) for Year 1 (First year waiver available)
Cash back benefits:
  • 1.5% cashback on all eligible purchases
  • $250 cashback upon activation of card
  • $80 cashback referral reward No minimum spend requirement
Cash back benefits:
  • 1% cash rebate with a minimum spend of S$1,000 and above per month
  • 0.5% cash rebate with monthly spend of below S$1,000
Cash back benefits:
  • Minimum of 1.6% cash back on spending on any category
  • Unlimited cash back (no cap on earned cash back)
  • No minimum spend requirement

Frequently Asked Questions About SCB Simply Cash Credit Card

Do I have to change to the new 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 Simply Cash Credit Card charges an annual fee of $196.20 (incl. 9% GST). 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 Simply Cash Credit Card?

The cashback for your eligible spending per statement cycle will be credited into your Simply Cash Credit Card in the following statement month.

How do I apply for a Standard Chartered Simply Cash Credit Card?

You can apply for the Standard Chartered Simply Cash credit card in 3 simple steps.
  1. Click “Apply Now” on the Standard Chartered Simply Cash credit card option on MoneySmart’s credit card page
  2. Provide your NRIC or other identification details, latest computerised payslip, latest 6 months’ CPF Contribution History Statement, and latest Income Tax Notice of Assessment (NOA)
  3. Receive your Standard Chartered Simply Cash credit card or activate it via the SC Mobile Singapore App.

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.

What are the cash back benefits of a Standard Chartered Simply Cash Credit Card?

The benefits include:
  • 1.5% cashback on eligible purchases
  • $250 cashback upon activation of card
  • $80 cashback referral reward
No minimum spend requirement