Standard Chartered Smart Credit Card

Standard Chartered Smart Credit Card

Earn up to 10% Bonus Cashback
Introducing the Standard Chartered Smart Credit Card, your gateway to smart spending and rewarding perks! With this card, you can earn a whopping 10% cashback on selected merchants like McDonald's, Starbucks, Netflix, Disney+, Spotify and SimplyGo when you spend a min. of S$1,500 per month!
Up to 10% Bonus Cashback
for spends on Bonus Categories
3-month interest-free instalments
for transactions of a min. of S$150
Processing Fee Applies
for instalment conversions
MoneySmart Exclusive

Get S$230 Cash via PayNow or 2,990 SmartPoints when meet the spend criteria. T&Cs apply
 
Additionally, 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).
 
PLUS stand a chance to win a Porsche Taycan Base (model year 2025) in SC Million Reasons to be Happier! T&Cs apply.

Valid until 15 Dec 2024 - See more details below

Are you eligible?

    • 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

What you need to know

  1. Use 2,990 SmartPoints to redeem ay product from our Rewards Store such as:
    - 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.

  2. 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. 

  3. [Rollin’ Rewards] Enrol in Rollin' Rewards by completing a simple 3-min questionnaire, and you could win up to 50,000 SmartPoints

  4. [Rollin’ Rewards] This earns you 1 chance to score amazing prizes each month.

  5. [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.

  6. [Rollin’ Rewards] Redeem Epic Rewards with 50,000 SmartPoints such as:
    iPhone 16 Pro Max (18,760 SmartPoints)
    - AND Apple Watch Ultra 2 (12,345 SmartPoints)
    - AND Apple AirPods Pro (4,030 SmartPoints)
    - AND Apple iPad Air Wi-Fi 11” (10,030 SmartPoints)

  7. [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.

  8. 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). 

  9. 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.

  10. 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

Spending a min. of S$1,500 on the 3 Bonus Category merchants

Good for

Combining your monthly lifestyle spending on Food, Streaming Services and Transport to earn an attractive high bonus cashback amount

Categories to maximise this card

Dining, Streaming & Transport

What people use it for

Daily purchases on food, or transportation using SimplyGo, or for your entertainment bills.

All 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 Smart Credit Card Benefits 2024

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 Of Standard Chartered Smart Credit Card

Pros ✅Cons ❌
Up to unlimited 10% cashback on 3 bonus categories: Smart Dining, Smart Streaming, and Smart TransportNeed min. S$800 monthly spend to earn 8% cashback
Until 31 Mar 2025, earn 4% bonus cashback even with less than $800 spendNeed min. S$1,500 monthly spend to earn max. 10% cashback
Up to 1% unlimited cashback on other eligible spendBonus 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 spendFrom 8 Dec 2024, one-time processing fee will apply to instalment payments
Addition of more eligible bonus merchants like EV chargingStandardised 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

Want to Learn More About the Standard Chartered Smart Credit Card?

Comparison: SCB Smart Credit Card vs UOB One Card vs HSBC Live+ Card

Starting 6 Dec 2024, the Standard Chartered Smart Credit Card is transforming into a top contender among other cashback cards. It’ll offer up to 10% unlimited cashback across 3 enhanced bonus categories: Smart Dining, Smart Streaming, and Smart Transport – plus up to 1% cashback on all other eligible spend. As the cherry on top, there’s no cap on rewards points earned. Sounds promising, doesn’t it? Let’s compare it to two other cashback powerhouses, the UOB One Card and the HSBC Live+ Card.

Card Changes: SCB Smart Credit Card vs UOB One Card vs HSBC Live+ Card

SCB Smart Credit Card (From 6 Dec 2024)UOB One CardHSBC Live+ Card
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:
  • $30,000 for Singaporeans and PRs
  • $60,000 for foreigners
Minimum annual income:
  • $30,000 for Singaporeans and PRs
  • $40,000 for foreigners
Minimum annual income:
  • $30,000 for Singaporeans and PRs
  • $40,000 for foreigners
  • Spend min. 1,500 per month to enjoy up to 10% unlimited cashback on 3 enhanced bonus categories: Smart Dining, Smart Streaming, and Smart Transport
  • Up to 1% cashback on all other eligible spend
  • No cap on 360° Rewards Points earned
  • Easily redeem 360° Rewards Points for cashback where 3,200 points = 10
  • Complimentary access to select airport lounges during flight delays with new SmartDelay card privilege
  • Complimentary first-year annual fee waiver
  • Up to 500,000 complimentary travel insurance coverage
  • Subsequent annual fee waived with min. 10,000 spend per year
  • Spend 2,000 to earn up to 20% cashback on select daily spend (for new-to-UOB cardmembers only)
  • Otherwise, existing cardmembers earn up to 10% cashback
  • Cashback is received in 50, 100, or 200 per quarter depending on min. spend
  • Up to 500,000 complimentary travel insurance coverage
  • Up to 24% fuel savings at Shell and SPC
  • Spend min. 600 per month to earn up to 8% cashback on dining, shopping, and entertainment
  • 5% cashback on petrol
  • 0.3% cashback on all other eligible spend
  • Up to 17% fuel savings & additional 5% cashback at Caltex and Shell
  • Complimentary e-commerce protection
  • Up to 1 million complimentary travel insurance coverage
  • Subsequent annual fees waived with min. 12,500 spend per year

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
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


Best of all, you can earn cashback to your heart’s content since there is no cap on 360° Rewards Points earned! The only catch is its above-average minimum monthly spend of S$1,500 to reach the maximum 10% cashback.

Can't Get Enough of Cashback?We've got more cards for you!

Standard Chartered Smart Credit Card Requirements

Singapore Citizens/PRsForeigners/Expats
Age21 and above21 and above
IncomeS$30,000S$60,000
Documents requiredFor SingPass holders applying via MyInfo: N/A

For salaried employees:
  • A copy of NRIC/passport
  • Latest original computerised payslip or Income Tax Notice of Assessment or last 6 months' CPF statements
  • Last 2 years' Income Tax Notice of Assessment


For commission earner (any 1):
  • Latest 3 months’ payslip + Income Tax Notice of Assessment
  • Latest 6 months’ CPF statements
  • Latest 3 months’ payslip
  • A copy of 2 year’s Income Tax Notice of Assessment
  • A copy of passport and Employment Pass (with min. 6 months’ validity)
  • Any of the following documents listed here

How to Apply for Standard Chartered Smart Credit Card in Singapore?

Here are 3 simple steps to apply for the SCB Smart Credit Card:

Step 1

Apply via MoneySmart

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.

Step 2

Prepare required documents

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 Smart Credit Card

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.

Frequently Asked Questions About SCB Smart Credit Card

Are there any fees if I apply for the Standard Chartered Smart Credit Card?

The SCB Smart Credit Card doesn’t charge any cash advance fee. However, it does impose late payment, overlimit fee, interest on purchases, miles/points transfer fees, and 360° Rewards Points transfer fees.

Am I eligible for the Standard Chartered Smart Credit Card?

Yes. 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 S$30,000 (Singaporeans/PRs) or S$60,000 (Foreigners), you’re eligible to apply for the SCB Smart Credit Card.

If I’m late for my monthly Standard Chartered Smart Credit Card bill payment, how much do I have to pay?

Late payment charge is S$100 and additional interest will be compounded on a daily basis at 27.9% p.a. EIR by Standard Chartered Bank at the point of your late payment.

What are the cashback benefits of the Standard Chartered Smart Credit Card?

Starting 6 Dec 2024, the benefits include:

  • Earn up to 10% unlimited cashback on 3 bonus categories – Smart Dining, Smart Streaming, and Smart Transport – with min. S$1,500 spend per month
  • Earn 1% cashback on all other eligible spend
  • Earn 4% bonus cashback even if you spend under S$800 per month, before it reverts to the base 0.5% cashback after 31 Mar 2025

How to pay the Standard Chartered Smart Credit Card bill?

From SCB current or savings account
  1. Log in to Standard Chartered Online Banking or Mobile Banking
  2. If on browser, select "Transfers & Payments" > "Pay SC Credit Cards"
    If on SC Mobile app, select "Pay & Transfer" > "Pay Credit Card"
  3. Select "SCB Smart Credit Card" and follow instructions to complete payment

From other bank accounts via Fast and Secure Transfers (FAST)
  1. Log into other bank’s online banking platform
  2. Select “Funds Transfer” > Add 16 digit SCB credit card number as a FAST payee
  3. Make payment to SCB Smart Credit Card by completing funds transfer

Is there any processing time for Standard Chartered credit card bill payments?

Standard Chartered credit card payments should have minimal downtime with no service charge.

How to waive Standard Chartered credit card annual fee?

The SCB Smart Credit Card offers a complimentary first year fee waiver. After that, annual fees can be waived with min. S$10,000 annual spend.

Alternatively, you can attempt requesting a fee waiver through SCB Mobile, SCB Online Banking, or calling their automated phone banking system:
  1. Call SCB’s Phone Banking hotline @ +65 6747 7000
  2. Press ‘2’ for Fee Waivers
  3. Press ‘1’ for Credit Card Annual Fee Waiver
  4. Enter 16-digit credit card number

Note: Annual fee waiver requests are subject to SCB’s approval.

How to redeem Standard Chartered Rewards Points?

Standard Chartered's 360° Rewards Points can be redeemed for air miles, e-vouchers, or cashback through their redemption portal.