Standard Chartered Smart Credit Card Review
A simple, flat-rate cashback card built for online spenders, with instant video-KYC approval and an extended interest-free period for new cardholders.
Quick facts
Standard Chartered runs frequent promotional fee structures on this digital-first card, so the exact joining and renewal fee can vary by offer — always check the current terms shown during the application flow before proceeding.
Fees and reward rates
Extended interest-free credit period of up to 90 days for new cardholders.
| Charge | Amount |
|---|---|
| Joining fee | Low, typically waivable — confirm at application |
| Annual/renewal fee | Typically waivable on minimum spend — confirm at application |
| Forex mark-up | 3.5% of transaction value |
| Interest rate | 3.75% per month (45% APR); 0.99% per month on EMI conversions |
| Spend category | Reward rate |
|---|---|
| All online spends | 2% cashback |
| All other spends | 1% cashback |
What else you get
Instant approval with video KYC, with no physical paperwork in most cases
0.99% per month interest rate on Kuch Bhi on EMI conversions
Extended 90-day interest-free period from card issuance for new cardholders
Contactless payments and standard Standard Chartered digital banking tools
Eligibility
| Criteria | Requirement |
|---|---|
| Age | 18 to 65 years |
| Income (salaried) | Stable monthly income; many applicants approved digitally with minimal documentation |
| Income (self-employed) | Stable declared business income |
| Credit history | Reasonable credit history; positioned as an accessible entry-level card |
| Residency | Resident Indian in a Standard Chartered credit card sourcing city |
Standard Chartered issues cards only in its credit-card sourcing cities and runs frequent promotional fee waivers — confirm current city availability and exact fee terms on the official Standard Chartered India website before applying.
Verdict
What works
- Simple flat-rate cashback with no category tracking required
- 2% on all online spends is competitive for an entry-level digital card
- Fast, mostly paperless approval process
- Useful for someone applying for their first credit card
What to watch for
- No airport lounge access or premium travel perks
- Exact fee terms vary by promotional offer, so it needs confirming at application
- 1% base rate on offline spends is unremarkable
- No milestone bonuses or category accelerators beyond the online/offline split
FAQs
What cashback does the Standard Chartered Smart Credit Card offer?
Is the Smart Credit Card free?
How fast is approval on the Smart Credit Card?
Smart or DigiSmart — which should I pick?
Compare more Standard Chartered cards
See the full Standard Chartered India lineup on SearchLocally.in.