Standard Chartered Simply Cash Credit Card

Key Features

  • Up to 1.7%
    Cash Back on Eligible spend
  • S$0Min.
    Spend per month
  • Unlimited
    Cash Back Cap

Promotion

Petrol
  • For customers who choose to pump Platinum 98 with Techron fuel, they can enjoy a 16% instant upfront discount which includes a 5% site discount, as well as a 5% rebate on the nett transaction and an additional 5% rebate on the nett amount charged to their Simply Cash Credit Card.
  • For customers who choose to pump Premium 95 with Techron, Regular 92 with Techron, or Caltex Diesel with Techron fuel, they can enjoy a 14% instant upfront discount which also includes a 5% site discount, as well as a 5% rebate on the nett transaction and an additional 5% rebate on the nett amount charged to their Simply Cash Credit Card.
Cash Back
  • Get awarded with 1.5% cashback on all eligible purchases, including dining, online shopping, and local and overseas spending.
  • Earn a bonus of 0.2% cashback on all eligible spends with a minimum spend of S$1,500 in each statement month. Bonus cashback is limited to S$25 per month. Terms and conditions of the bank apply.
  • Cashback is subject to general exclusions, such as bills, payments to educational, financial, and governmental institutions, and GrabPay top-up.
Shopping
  • Take advantage of shopping discount benefits at over 3,000 outlets across Asia with Standard Chartered’s The Good Life Programme.
  • Earn a flat 1.5% cashback rate for all eligible purchases.
  • Get a bonus 0.2% cashback on all eligible spends with a minimum spend of S$1,500 in each statement month. The bonus cashback is capped at S$25 per month, and bank terms and conditions apply.
  • There is no cashback cap and no minimum spend requirement.
Buffet Promotion
  • Earn a flat 1.5% cashback rate for all eligible purchases.
  • Get a bonus 0.2% cashback on all eligible spends with a minimum spend of S$1,500 in each statement month. The bonus cashback is capped at S$25 per month, and bank terms and conditions apply.
  • There is no cashback cap and no minimum spend requirement.

Other Features

  • Flat 1.5% cashback rate for all eligible purchases.
  • No cashback cap and no minimum spend.
  • Earn bonus 0.2% cashback for all eligible spends with minimum spend of S$1,500 in each statement month. Bonus cashback is capped at S$25 in each month. Bank T&Cs apply.
  • Enjoy dining and shopping discount privileges at over 3,000 outlets in Asia with Standard Chartered’s The Good Life benefits program.
  • 2 years annual fee waiver, no minimum spend required
  • LOANPANDA strives to keep our information accurate and up-to-date. Please note that the information we provide may differ from what you see when you visit a financial institution, service provider, or product site. LOANPANDA is not liable for compensation if our information is not as updated as our partner’s.

Eligibility

Singaporean/PR Minimum Income
  • S$30,000
Non-Singaporean Minimum Income
  • S$60,000

Fees and Charges

  • Annual Principal Fee: S$194.40
  • Supplementary Annual Fee: S$0
  • Fee Waiver: First 2 years waived
  • Interest Free Period: Available
  • Annual Interest Rate: 26.90%
  • Late Payment Fees: S$100
  • Minimum Monthly Repayment: S$50 OR 1% of principal / interest, fees & charges / overlimit amount / past due amount, whichever is higher
  • Foreign Currency Transaction Fee: 3.25%
  • Foreign Check Fee: N/A
  • Cash Advance Transaction Fee: 6%
  • Overlimit Fee: S$40

Review

By LOANPANDA

The Standard Chartered Simply Cash Credit Card offers up to 1.7% cash back on eligible spending, with no minimum spend and no cashback cap. Cardholders can enjoy a flat 1.5% cashback rate for all eligible purchases, and earn a bonus 0.2% cashback on all eligible spends with a minimum spend of S$1,500 in each statement month, capped at S$25 per month.

The card also provides dining and shopping discounts at over 3,000 outlets in Asia through Standard Chartered’s The Good Life programme. With a 2-year annual fee waiver and a minimum income requirement of S$30,000 for Singaporeans and PRs, the Standard Chartered Simply Cash Credit Card is a great choice for those looking to maximize their cashback rewards.

FAQ

A credit card is a convenient tool for people to pay for purchases today, offering many perks and rewards that can add up to more savings for the cardholders.

While there are so many types of credit cards offering different features, you may wonder: How best to choose one that suits you?

Here’s a short guide LOANPANDA has compiled to help you understand the credit card requirements, interest rates and basic payment terms.

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