Visa 📡 Contactless NFC

Standard Chartered Smart Credit Card

Joining FeeFREE

Annual Fee₹499

Forex Markup 3.5%

Application ModeDirect via Bank Website

⚖️ Card Verdict & Target Persona

Who Should Apply

Online shoppers and everyday buyers wanting 2% cashback on online purchases and 1% offline with zero joining fee and an easy ₹1.2 Lakh spend waiver.

Who Should Avoid

Users seeking airport lounge access or high online e-commerce cashback above 2%.

🎁 Key Features & Highlights

🎉

Joining & Activation Welcome Gift

Zero joining fee with cashback rewards credited directly to card statement

2% Cashback on All Online Spends

2% direct statement cashback on all online retail shopping transactions (capped at ₹1,000/month).

1% Cashback on Offline Spends

1% direct statement cashback on all other offline and retail transactions (capped at ₹500/month).

Spend-Based Annual Fee Waiver

Annual renewal fee of ₹499 is waived off on spending ₹1,20,000 or more in the previous anniversary year.

💰 Reward Structure & Point Valuation

1 Direct Cashback = ₹1

Standard Base Earning

1% direct cashback on general retail spending

Accelerated / Partner Rate

2% direct cashback on all online retail shopping (capped at ₹1,000/month); 1% direct cashback on all offline retail purchases (capped at ₹500/month)

Points Validity:Auto-credited monthly

Redemption Fee: ₹0 (Free)

Redemption Modes: Direct Statement Credit (Auto-adjusted in monthly billing cycle)

🚫 No Reward Points / Cashback on:

Fuel Wallet Loads Insurance Government Transactions Rent Payments Cash Advances EMI

🛋️ Airport Lounge Access & Spend Criteria

✗ No Free Lounge Access

🛫

Domestic Lounge VisitsNone

🌐

International Lounge VisitsNone

⚠️

Spend Criteria: None

⚡ Spend Milestones & Special Perks

Annual Fee Waiver ₹120,000/yr

Annual renewal fee of ₹499 + GST is waived off on spending ₹1,20,000 or more in the previous anniversary year

UPI Payments Support✗ Not Supported

UPI not supported on Visa network

Fuel Surcharge Waiver1% Surcharge Waived

1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 (Capped at ₹250/mo)

📋 Eligibility Criteria

✓ Official Criteria

Age Limit21 - 65 Years

Min. Monthly Income₹30,000

Min. Credit Score720 CRIF

Employment TypeSalaried / Self-Employed

📊 Interest Rates & Charges

Finance Charges (Interest Rate / APR):3.75% per month (45.0% per annum)

Late Payment Penalties:Late payment charges slab-based up to ₹1,200

Official Bank Portal Application

Get the Standard Chartered Smart Credit Card

Annual Fee: ₹499/yr (Waivable)

Personalized Card Matcher

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Frequently Asked Questions

No, Standard Chartered Smart Credit Card has a joining fee of ₹0 and an annual renewal fee of ₹499 (plus applicable taxes).