Get S$230 Cash via PayNow or 2,990 SmartPoints when you apply and spend a min. of S$500 in eligible transactions within 30 days from card approval date. T&Cs apply. PLUS stand a chance to win a Porsche Taycan Base (model year 2025) in SC Million Reasons to be Happier! T&Cs apply.
PLUS: Stand to win 50,000 SmartPoints in Rollin’ Rewards!
Enrol in our Rollin’ Rewards campaign for FREE and stand a chance to win 50,000 SmartPoints! That’s enough to redeem ANY item from our Rewards Store, such as a Sony BRAVIA 3 85-Inch 4K Ultra HD Google TV (worth S$5,799) + an Apple iPhone 16 Plus 128GB (worth S$1,399).
Promotion is valid from 01-December-2024 to 15-December-2024
Applicable for New-to card holders only
Customers need to apply through MoneySmart to be eligible
Spend a minimum of S$500 in eligible transactions (on either the physical or digital version of the Credit Card) within 30 days from the Credit Card’s approval date
Log into your MoneySmart account and submit your claim by 15th January 2025
Use 2,990 SmartPoints to fully redeem a product from our Rewards Store. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints. Enjoy flexible redemption and get the rewards you want!
With 2,990 SmartPoints* earned, you can redeem:
- Apple iPad (9th Gen) | Top up $210 more only
- Apple AirPods Pro (2nd Generation) | Top up $110 more only
- Apple AirPods (3rd Gen) | Redeem in full
- Ultimate Ears MEGABOOM 3 | Redeem in full
- OR many other options available at our Rewards Store today.
- For more information regarding SmartPoints, refer to our FAQ here.
SmartPoints will be credited into your points wallet, with a validity period of 1 year. You can choose to redeem any reward, or accumulate your points for future redemptions.
Please note that all rewards (Cash or SmartPoints) will typically be fulfilled approximately 5 months after the end of the campaign month (31 December 2024).
[Rollin’ Rewards] Enrol in Rollin’ Rewards by completing a simple 3-min questionnaire.
[Rollin’ Rewards] This earns you 1 chance to score amazing prizes each month.
[Rollin’ Rewards] Increase your chances of winning when you successfully meet the eligibility requirements of this SCB Credit Card, submit the claim form, and have it successfully approved.
[Rollin’ Rewards] Didn’t win anything this month? You could win in the next—Not to worry, your chance(s) of winning will automatically be accumulated, and rolled over into next month’s draw. T&Cs apply.
Apply for a SCB Credit Card through MoneySmart and stand to win a Porsche Taycan Base when you participate in the SC Million Reasons to be Happier Lucky Draw! Refer to the T&Cs here for more details.
MoneySmart exclusive rewards do not stack with external or third-party promotions. See T&Cs for details.
Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.
Standard Chartered Singapore has been providing financial services to clients across various needs including personal, commercial, corporate, priority and private banking, for over 160 years in Singapore.
Standard Chartered Singapore has a selection of credit cards for you to choose from, and the Standard Chartered (SCB) Smart Credit Card is one of their best cards for cash back benefits. Plus, it’s undergoing some serious revamps to rival other cashback cards! Here are the pros, cons, and other relevant details to expect of the SCB Smart Credit Card before you decide.
Pros ✅ | Cons ❌ | |
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Up to unlimited 10% cashback on 3 bonus categories: Smart Dining, Smart Streaming, and Smart Transport | Need min. S$800 monthly spend to earn 8% cashback | |
Until 31 Mar 2025, earn 4% bonus cashback even with less than $800 spend | Need min. S$1,500 monthly spend to earn max. 10% cashback | |
Up to 1% unlimited cashback on other eligible spend | Bonus 4% cashback reverts to base 0.5% cashback from 1 Apr 2025 onwards | |
No cap on 360° rewards points earned for all bonus and eligible spend | From 8 Dec 2024, one-time processing fee will apply to instalment payments | |
Addition of more eligible bonus merchants like EV charging | Standardised effective interest rate (EIR) of 27.9% p.a. | |
Preferential cashback redemption rate of 3,200 360° Rewards Points = S$10 cashback | ||
From 15 Jan 2025, enjoy new SmartDelay perk – only cashback card offering select complimentary airport lounge access during flight delays | ||
Complimentary first-year annual fee waiver for new cardholders | ||
Complimentary annual fee waiver for existing cardholders (until 6 Dec 2025) | ||
Relatively low annual fee (S$99.19) compared to other credit cards (S$196.20) | ||
Subsequent annual fee waiver available with min. S$10,000 spend per year | ||
Up to US$200 complimentary eCommerce protection per claim per year | ||
Up to S$500,000 complimentary travel insurance coverage when you charge full travel fare to card |
SCB Smart Credit Card (From 6 Dec 2024) | UOB One Card | HSBC Live+ Card |
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Interest rate: 27.9% | Interest rate: 27.8% | Interest rate: 27.8% |
Annual fee: $99.19 (First year waived) | Annual fee: $196.20 (First year waived) | Annual fee: $196.20 (First year waived) |
Minimum annual income:
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From the table above, the SCB Smart Credit Card evidently offers more advantages over the other cards from 6 Dec 2024 onwards. First of all, it has a lower annual fee of S$99.19, compared to the typical S$196.20 of other credit cards, Additionally, new applicants can benefit from a first-year fee waiver, while existing cardholders are entitled to a complimentary fee waiver until 6 Dec 2025.
Furthermore, it offers more travel privileges than the average cashback card. Besides providing up to S$500,000 complimentary travel insurance coverage, it also offers a unique never-before-seen travel perk – the SmartDelay – starting 15 Jan 2025. This perk allows cardholders to enjoy complimentary access to select airport lounges worldwide in the event of flight delays.
Moreover, its 3 bonus categories – Smart Dining, Smart Streaming, and Smart Transport – have been expanded to include new merchants like:
Category | Existing Merchants | New Merchants |
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Smart Dining | McDonald's, KFC, Burger King, Ya Kun Kaya Toast, Toast Box | Starbucks, The Coffee Bean & Tea Leaf, Pizza Hut, Domino's Pizza |
Smart Streaming | Netflix, Spotify, Youtube, Disney+ | Amazon Prime, Viu, iQiyi, HBO GO |
Smart Transport | Bus and MRT via SimplyGo | Electric Vehicle (EV) charging |
Singapore Citizens/PRs | Foreigners/Expats | |
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Age | 21 and above | 21 and above |
Income | S$30,000 | S$60,000 |
Documents required | For SingPass holders applying via MyInfo: N/A For salaried employees:
For commission earner (any 1):
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Here are 3 simple steps to apply for the SCB Smart Credit Card:
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.
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:
Activate your Standard Chartered Smart Credit Card through the SC Mobile Singapore App and create your 6-digit Unlock Code to secure your credit card transactions.
Starting 6 Dec 2024, the benefits include: