Standard Chartered Smart Credit Card Review

Standard Chartered Smart Credit card offers cashback on all your spending; however, caps it at a maximum of ₹1,000 for online spending and ₹500 for other spending. Thereby, the maximum you can save per year is 12,000 for online and 6,000 for other expenses. In all, you can save up to ₹18,000 per year. This is not that bad a savings option. However, note that the card lacks in offering some very basic benefits other than the cashback such as welcome benefit, lounge access, or even a fuel surcharge waiver. At an annual fee of ₹499, you can look out for other rewards credit cards that offer all-rounder benefits before making a final decision.

Cards similar to Standard Chartered Smart Credit Card:

1. Axis Bank Ace Credit Card
2. HSBC Cashback Credit Card
3. HDFC Bank Millennia Credit Card

Overview

Note: Annual fee is reversed on spending ₹1,20,000 in the preceding year.

Who should get the Standard Chartered Smart Credit card?

The Standard Chartered Smart Credit card is an ideal choice for users who are looking for their first-ever credit card and want to utilise it on a day-to-day basis and earn cashback by making online and offline transactions and also want the option to convert their transactions into simple EMIs. As the card charges a nominal fee for all the benefits it offers, it is an ideal choice for users who want to avail of these benefits and don't want to pay a hefty fee in exchange.

How to apply for a Standard Chartered Smart Credit card?

Standard Chartered Smart Credit cards can be applied through an online application process. To apply, follow the below-mentioned steps:

• Visit the Standard Chartered Website. 

• Under the “Card” section, “Smart Credit card” will be listed.

• Click on “Apply Now” and start the application process.

• Fill in all the required details and upload all the necessary documents to complete the process.

Standard Chartered Smart Credit Card Eligibility

Applicants must be at least 18 years of age and have a steady source of income to be eligible for a credit card.

Documents Required

• Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
• Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
• Proof of Income: Latest one or two salary slips (not more than 3 months old), Latest Form 16, and the Last 3 months’ bank statement.