Standard Chartered Simply Cash Credit Card
Standard Chartered Simply Cash Credit Card
- 1 year
- Annual Fee waiver with no minimum spend
- S$196.20
- Annual Principal Fee
- 27.90%
- Annual Interest Rate
Get S$380 Cash via PayNow or earn 5,040 SmartPoints when you apply and 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).
Other offers you can enjoy:
- UPSIZED UNLIMITED 2% CASHBACK on your credit card purchases when you spend over S$500! Only for MoneySmart applicants!
- A chance to win a Porsche Taycan Base (2025) in SC Million Reasons to be Happier Lucky Draw! T&Cs apply.
Are you eligible?
Promotion is valid from 02-December-2024 to 31-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 30th January 2025
What you need to know
Use 5,040 SmartPoints to redeem any product on our Rewards Store such as:
- Apple iPad (10th Gen) | Top up $110 more only
- Apple Watch Series 9, GPS 41mm | Top up $210 more only
- Apple Watch SE GPS, 40mm | Redeem in full
- ErgoTune Joobie | 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.
[Rollin’ Rewards] Enrol in Rollin' Rewards by completing a simple 3-min questionnaire, and you could win up to 50,000 SmartPoints
[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] 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)[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.
Exclusive to MoneySmart only: Enjoy an UPSIZED CASHBACK OF 2% on all purchases charged to your Credit Card within 30 days from card approval date. NO CAP ON CASHBACK EARNED!
The 2% Upsized Cashback is only applicable to eligible transactions charged to the Credit Card after first S$500 spent.
Example: Customer spends S$800 within 30 days from card approval date. Customer will earn 1.5% cashback on the first S$500 charged, and earn 2% cashback on the subsequent S$300 charged. Refer to T&Cs for more details.
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).
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.
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 Simply Cash Credit Card Benefits 2024
Pros & Cons Of SCB Simply Cash Credit Card
Pros
- Interest rate of 26.90%
- No minimum spend required
- 2% cashback on all eligible purchases
- First year of annual fee waiver
- No minimum spend
- Unlimited cashback
- $80 cashback referral reward
- Up to 23.7% discount for Caltex petrol spending
- Convenient online application with SingPass
- Open to Singapore Citizens, PRs and foreigners with a Singapore Employment Pass aged 21 - 65
- Exclusive dining and shopping discount privileges under
- Standard Chartered’s The Good Life benefits program
Cons
- Cash advance transaction fee
- Foreign currency transaction fee
- Overlimit fee
Find Out More About The Standard Chartered Simply Cash Credit Card In Our Blog Review!
Standard Chartered Simply Cash Credit Card Application
Here are 3 simple steps to apply for the Standard Chartered Simply Cash Credit Card
Apply via MoneySmart’s Credit Cards page
Start by simply clicking on our Standard Chartered Simply Cash Credit Card application link.
When you choose to apply online via Standard Chartered’s website using SingPass MyInfo, Standard Chartered will pull your identity and income data from SingPass (which is already verified), thus reducing the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.
Provide all documentation required
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)
Receive your Standard Chartered Simply Cash Credit Card
You’ll be able to activate your Standard Chartered Simply Cash Credit Card through the SC Mobile Singapore App and create your 6-digit Unlock Code to secure your credit card transactions.
Compare SCB Simply Cash Credit Card vs. OCBC Cashflo Card vs. Citi Cash Back + Card
Let’s compare these 3 credit cards and have a closer look at their requirements and benefits. The key factors which we’ll be focusing on are interest rates, annual fees, minimum annual income requirements and cash back benefits.
Among the 3 credit cards, the Standard Chartered Simply Cash credit card gives you a decent percentage of cash back on your spending on most categories - a 2% which is in between the 1.6% and 1% you can get from Citi Cash Back + card and OCBC Cashflo card respectively.
However, in terms of interest rates, the Standard Chartered Simply Cash credit card charges a slightly higher interest rate than OCBC Cashflo Card.
Comparison between SCB Simply Cash Credit Card vs. OCBC Cashflo Card vs. Citi Cash Back + Card
| SCB Simply Cash Credit Card | OCBC Great Eastern Cashflo Card | Citi Cash Back + Card |
|---|---|---|
| Interest rate: 26.90% | Interest rate: 27.78% | Interest rate: 26.90% |
| Annual fee: $196.20 (incl. 9% GST, first and second year waiver available) | Annual fee: $162 (Waiver available) | Annual fee: $196.20 (incl. 9% GST) for Year 1 (First year waiver available) |
Cash back benefits:
| Cash back benefits:
| Cash back benefits:
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Frequently Asked Questions About SCB Simply Cash Credit Card
Do I have to change to the new Simply Cash Credit Card if my Unlimited Cashback Credit Card is not due for renewal?
- No, it is not mandatory. You may continue to use your existing Unlimited Cashback Credit Card and enjoy the same benefits that the new Simply Cash Card provides, including 2% cashback on your card with no minimum spend and no cashback cap. Unless you require or request a renewal or replacement of your existing Unlimited Credit Card, a refreshed ‘Simply Cash Credit Card’ will not be sent to you.
Are there any fees if I apply for the Standard Chartered Simply Cash Credit Card?
- The Simply Cash Credit Card charges an annual fee of $196.20 (incl. 9% GST). A fee waiver is available only for the first and second year, plus there are other fees like cash advance transaction fees, late payment fee, minimum monthly payment, foreign currency transaction fee, and overlimit fee.
When will I receive my cashback for my Simply Cash Credit Card?
- The cashback for your eligible spending per statement cycle will be credited into your Simply Cash Credit Card in the following statement month.
How do I apply for a Standard Chartered Simply Cash Credit Card?
- You can apply for the Standard Chartered Simply Cash credit card in 3 simple steps.
- Click “Apply Now” on the Standard Chartered Simply Cash credit card option on MoneySmart’s credit card page
- Provide your NRIC or other identification details, latest computerised payslip, latest 6 months’ CPF Contribution History Statement, and latest Income Tax Notice of Assessment (NOA)
- Receive your Standard Chartered Simply Cash credit card or activate it via the SC Mobile Singapore App.
If I’m late for my monthly Standard Chartered Simply Cash Credit Card bill payment, how much do I have to pay?
- Late payment charge is S$100 and additional interest will be calculated on a daily basis at the most updated EIR determined by Standard Chartered Bank at the point of your late payment.
What are the cash back benefits of a Standard Chartered Simply Cash Credit Card?
- The benefits include:
- 2% cashback on eligible purchases
No minimum spend requirement