Standard Chartered Smart Credit Card
Fees
₹499 + Taxes
Joining & AnnualReward Rate
2% cashback on online spends (up to ₹1,000/month); 1% on other spends (up to ₹500/month)
Welcome Bonus
Welcome gift benefit on card activation & joining fee payment
Lounge Access
No Lounge Access
FindMyCard Expert Take
The Standard Chartered Smart Credit Card from Standard Chartered offers 2% Online Shopping Cashback & Extended EMIs with an annual fee of ₹499 + Taxes.
Pros & Cons
Key Advantages
- 2% cashback on all online spends, capped at ₹1,000/month
- Low-interest EMI conversion at 0.99%/month with zero processing fee
- Up to 90 days interest-free period
- Fee waiver threshold (Annual fee waived on ₹1.2 Lakh annual retail spends)
Limitations
- No airport lounge access
- 1% cashback on other spends is capped at ₹500/month
- Cashback categories are capped monthly, limiting upside for high spenders
Editorial Verdict
The Standard Chartered Smart Credit Card is ideally suited for 2% online shopping cashback & extended emis. If you want 2% cashback on online spends (up to ₹1,000/month); 1% on other spends (up to ₹500/month), this card delivers real value. The ₹499 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (730+) credit to be approved.
Key Perks & Spending Milestones
Accelerated reward earn rate on cashback purchases
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Zero lost card liability protection
🚀 Milestone Spends Timeline
Annual fee waived on ₹1.2 Lakh annual retail spends
Fees & Charging Rates
Annual Fee Waivers
₹499 + Taxes
💡 Annual fee waived on ₹1.2 Lakh annual retail spends
Regular Interest Charges
3.5% per month (42% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Insurance & Protection Benefits
air accident cover
Up to ₹50 Lakh
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹25,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 65 years
Compare Standard Chartered Smart Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| Standard Chartered Smart Credit Card This Card | ₹499 + Taxes | 2% cashback on online spends (up to ₹1,000/month); 1% on other... | No Lounge Access | 4.4/5 |
| Cashback SBI Credit Card | ₹999 + Taxes | 5% cashback on online spends; 1% cashback on offline spends | No Lounge Access | 4.7/5 |
| KIWI UPI RuPay Credit Card | Free | Up to 5% cashback on UPI spends via Kiwi Neon program (1.5% base... | Domestic (Neon Spend Milestones) | 4.7/5 |
| Axis Bank ACE Credit Card | ₹499 + Taxes | 5% cashback on Google Pay utilities; 4% on Swiggy, Zomato & Ola;... | 4 Domestic/yr | 4.6/5 |