Standard Chartered Smart Credit Card Review
The Standard Chartered Smart is a simple cashback card with 2% online and 1% offline. It also offers short-term EMI at 0.99% a month and an extended interest-free period in the first 90 days.
Cashback is not credited automatically — you redeem it through SC’s portal once you reach ₹2,500.
- 2% online and 1% offline cashback
- Up to ₹1,500 cashback a cycle
- Fee reversed on ₹1.2 lakh spend
- 3-month EMI at 0.99% a month with no processing fee
- Free supplementary cards
- Cashback must be redeemed via portal (minimum ₹2,500)
- Caps apply across primary and add-on cards together
- No cashback on fuel; bill payments limited
- No lounge access
- 3.5% forex markup
Fees and charges
| Item | Detail |
|---|---|
| Annual fee | ₹499 + GST, reversed on ₹1.2 lakh spend in the previous year |
| Forex markup | 3.5% |
| Fuel | No waiver; surcharge 1% or ₹10, whichever is higher |
Rewards: how the card earns
| Spend | Cashback | Cap per cycle |
|---|---|---|
| Online | 2% | ₹1,000 |
| Other spends | 1% | ₹500 |
Caps apply to the whole account (primary and add-ons) since 21 Aug 2024. Redeem via the 360° Rewards portal: minimum ₹2,500, in multiples of ₹1,000.
What earns nothing
Fuel, cash, fees and returns earn no cashback. Bill payments through BillDesk or StanChart Bill Pay earn only for telecom and utility billers.
Other benefits
| Benefit | Detail |
|---|---|
| EMI | Purchases of ₹2,000+ at 0.99% a month for 3 months, no processing fee |
| Interest-free period | Extended for the first 90 days if you pay the minimum due |
| Lounge access | None |
| Network | Visa |
Eligibility
Issuer
Standard Chartered
Network
Visa
Apply via
Branch or contact centre
Who this card is for
- Good fit: online shoppers spending ₹20,000–₹50,000 a month who are happy to redeem cashback periodically.
- Skip if: you want cashback credited automatically.
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Final verdict
A decent low-fee cashback card with a useful EMI feature. The manual redemption and account-wide caps make it less convenient than auto-credit cashback cards.
Frequently asked questions
How much cashback does SC Smart give?
2% online (up to ₹1,000 a cycle) and 1% on other spends (up to ₹500).
Is cashback credited automatically?
No. You redeem it through the 360° Rewards portal once you have at least ₹2,500, in multiples of ₹1,000.
What is the fee?
₹499 + GST, reversed on ₹1.2 lakh annual spend.
Does it have lounge access?
No.
Which network is it on?
Visa.
Last verified: October 2026, against Standard Chartered’s Smart card page and product T&C. Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.