STANDARD-CHARTERED

Standard Chartered Bank India Smart Credit Card

Good for everyday cashback on regular spend.

Should you get this?

Conditional fit

Verified

Why this card

  • Up to 2% on online spend
  • 2% on eligible Online shopping, subject to caps.
  • 1% on other eligible spending.
Issuer evidence · 3 sources →

Trade-off

The annual fee (₹499) is waived only when eligible annual spend reaches ₹1,20,000.

Card fees No joining fee From year 2 · ₹499 / year
Base cashback 1%
Lounge access 0 no lounge
Forex markup 3.5% high
Compare with Axis Bank ACE →

Similar tier comparison

What it costs to get, and to keep

Joining vs renewal

First year

No joining fee

From year 2

₹499renewal fee

Waived above ₹1,20,000 eligible annual spend

Welcome offer

Extended interest-free period for the first 90 days

Standard Chartered Smart

Qualification and fulfilment conditions apply

Rewards

Earning rules

Detail · from the summary above
ScopeRateEligibilityLimit
General spend1%—₹500 per statement cycle
Online shopping2%online only₹1,000 per statement cycle

Redemption value

What a Cashback is worth

  1. Cashback₹1 / pt

When does this card pay for itself?

Rewards break-even estimate
₹50K

Conservative yearly spend needed at base cashback rates.

Reward reality — the earning-rate detail behind the numbers above

Reward reality

Conclusion · what you actually get

Verified value

₹1 per point

Cashback

Base earn

1% base cashback

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds
RequirementAmountPeriodUnlocks
Annual fee waiver₹1,20,000yearAnnual fee waiver

Watch outs

Before choosing this card
  • Forex markup is 3.5%, so frequent international spends may be costly.

Estimated usage

Example usage at this monthly spend

₹
  • At this monthly spend, you'd earn: Up to ₹500 base cashback if the entire ₹50,000 qualifies for the general-spend lane · uses base/general earn rate
  • ~₹6,000/year base cashback · renewal annual fee waived at this spend
  • Fee waiver achievable at this spend
  • Forex cost ~₹1,750 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts
Benefits

Lounge Access

Domestic (cardholder)
No complimentary lounge access
International (cardholder)
Not included on base card Absence of an international claim on the product page is not proof of exclusion. Visa or programme terms may still apply.

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify

Rewards

Base earn
1% base cashback
Reward type
Cashback
Fees & charges

Fees

Monthly interest rate
3.75% / month
First-year cost
₹0 · verified 5 Jul 2026
Annual fee
₹499 from second year
Joining fee
₹0 · verified 5 Jul 2026
Fee waiver spend
₹1,20,000 or more · verified 5 Jul 2026 Annual fee waived on eligible anniversary-year spend of ₹1,20,000 or more.
Late-payment charge
₹100–₹1,200 depending on outstanding balance Exact charge depends on your outstanding balance per issuer tiers.

International Use

Forex markup
3.5%

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
Product tier
Entry-level

Travel & perks

Fuel Benefits

At the pump
  • No fuel surcharge waiver is available on this card.
  • Fuel transactions do not earn cashback.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits
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Standard Chartered Bank India Smart
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The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

  • General cashback cap: ₹500 per statement cycle.
  • Online cashback cap: ₹1,000 per statement cycle.

Exclusions

These spends do not earn cashback.

Financial

  • Fuel
  • Cash advances

Latest update

  • First-year cost: ₹0.
  • Annual fee from second year: ₹499.
  • Forex markup currently listed at 3.5%.
  • No complimentary lounge access.

Common questions

From verified card facts

Is this good for lounge access?

No lounge access.

Is this good for international spends?

Forex markup is 3.5%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Fee waiver applies on eligible annual spend of ₹1,20,000 or more. Verify eligible spend exclusions before counting on it.

When do welcome benefits arrive?

Extended interest-free period for the first 90 days. Included items: Standard Chartered Smart — Extended interest-free period for the first 90 days after issuance, subject to timely payment of the minimum amount due on the first three statements and full payment by the fourth statement due date. Timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Learn

Learn more

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Last refreshed 30 Aug 2026 moneymatters.cards Change look saved in this browser only
Important

Data compiled from issuer and public information. Details may change — verify with issuer. Reference data, not financial advice.

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