Standard Chartered Smart Credit Card
Joining Fee: ₹499 + GST
Renewal Fee: ₹499 + GST
Reward Type: Reward Points
Welcome Benefits
Extended Interest-Free Period: Enjoy an extended interest-free period by making only the minimum payment, available for the first 90 days from card issuance. Note that this benefit applies only to primary cards, not supplementary ones.
Cashback Rewards
2% Cashback on Online Spends: Earn 2% cashback on all online transactions, with a maximum cashback of ₹1,000 per month.
1% Cashback on Offline Spends: Get 1% cashback on all offline purchases, capped at ₹500 per month.
No Cashback on Fuel: Fuel transactions do not qualify for cashback.
Spend-Based Renewal Fee Waiver
₹499 Renewal Fee Waiver: Spend ₹1,20,000 or more in an anniversary year to waive the ₹499 renewal fee starting from the second year.
Summary
The Standard Chartered Smart Credit Card is an excellent cashback credit card, ideal for maximizing savings on everyday online and offline spending. Unlike the Standard Chartered Super Value Titanium Credit Card, which is best for frequent fuel purchases, the Smart Credit Card offers broader cashback rewards, helping users save up to ₹18,000 annually, plus an extra ₹499 with the renewal fee waiver. With a low-interest rate of just 0.99% per month and zero processing fees on EMI transactions, this card is perfect for those new to credit cards who want to start with maximum savings. While it may not offer extensive benefits in travel or entertainment, it's a top choice for online shopping enthusiasts.