Standard Chartered Smart Credit Card review
Standard Chartered Bank · Visa · cashback Partly verified Checked 30 Oct 2026
Verify before applying. We read 5 issuer documents for this card (Standard Chartered India Smart Credit Card; Standard Chartered India credit card general T&C), but some figures rest on 1 secondary source (CardAdvisor banks/standard-chartered-credit-cards) and are not confirmed in the bank's own terms. Check the issuer's current terms (MITC) first; every source is listed at the bottom with its check date.
At a glance
- Annual fee
- ₹499
- Joining fee
- ₹0
- Fee waiver
- ₹1,20,000 a year
- Base return
- 1% base
- Point value
- ₹1 per point
- Domestic lounge
- None found
- International lounge
- None found
Estimated net value a year
| Profile | Net | % of spend |
|---|---|---|
| First card, light spender ₹15k a month | ₹2,232 | 1.3% |
| Metro salaried ₹60k a month | ₹9,180 | 1.3% |
| Family household ₹80k a month | ₹9,840 | 1.0% |
| Frequent flyer ₹1.5L a month | ₹19,440 | 1.1% |
| Online shopper ₹50k a month | ₹9,600 | 1.6% |
| Rent-heavy ₹90k a month | ₹3,432 | 0.3% |
Fee maths: The ₹499 annual fee is waived at ₹1,20,000 a year of eligible spend, about ₹10,000 a month. All of our profiles clear that, so the fee costs nothing on them. On our 6 profiles it nets from ₹2,232 (first card, light spender) to ₹19,440 (frequent flyer), equal to 0.3% to 1.6% of spend across the profiles. Without a waiver, the metro salaried category mix earns back the fee from about ₹3,500 a month of total spend.
After fees and caps, best-case redemption. Use your own spend.
Our take: A simple cashback card: 2% on online purchases capped at ₹1,000 a month and 1% offline capped at ₹500 per statement cycle, with caps shared across primary and supplementary cards. Fuel earns nothing, and bill payments through Standard Chartered's bill-pay count only for telecom and utility billers. The ₹499 fee is waived in the first year as a special offer (which can be withdrawn) and reversed at ₹1.2 lakh of spend afterwards. We have not found a Standard Chartered MITC for this card, so rent and wallet treatment is unconfirmed.
Reward rates and caps
| Spend category | Points per ₹100 | Value per ₹100 | Cap | Notes |
|---|---|---|---|---|
| Amazon, Flipkart, Other online shopping, Flights & hotels, Entertainment & OTT | 2 | ₹2 | ₹1,000 a month | 2% on all online purchases, ₹1,000/month cap (~₹50k online spend) |
| Everything else, Groceries, Dining & food delivery, Bills & utilities | 1 | ₹1 | ₹500 a month | 1% offline, ₹500 per statement cycle cap (official product T&C 7). Bill payments via Billdesk/StanChart Bill Pay earn only for Telecom and Utilities (electricity, water, gas) billers; modelled here at the lower 1% because online/offline classification of bill payments is not stated. |
| Fuel | 0 | ₹0 | No cap found | Official product T&C 8.1: fuel purchases earn no cashback. |
Point value: Cashback card: modelled as 1 point = ₹1; rates are 2% online / 1% other.
Excluded or reduced
- Fuel purchases
- Bill payments through Billdesk/StanChart Bill Pay other than Telecom and Utilities (electricity, water, gas) billers
- Returned, disputed/unauthorised, finance charges, fees, chargebacks, cash advances
- Caps are per client (primary + supplementary combined) from 21 Aug 2024
Other benefits
- Forex markup 3.5% on overseas transactions (official MITC/tariffs); rent payments 1% processing fee + taxes; ₹99 reward handling charge; supplementary cards free
Eligibility
We did not find eligibility criteria in the issuer documents we read. unverified
Compare
Related guides
- How to read a credit card MITC
- How annual fee waivers work
- Paying rent with a credit card
- Fees on rent, wallet, utility, fuel and education spends
- Forex markup and using a card abroad
- Credit card devaluations and what to do
FAQ
What is the annual fee of the Standard Chartered Smart Credit Card?
₹499 a year, waived at ₹1,20,000 annual spend. Fees exclude 18% GST.
How do Standard Chartered Smart Credit Card rewards work?
1% base, up to 2% on Amazon/Flipkart/other online shopping/flights & hotels/entertainment & ott. Cashback card: modelled as 1 point = ₹1; rates are 2% online / 1% other.
Does the Standard Chartered Smart Credit Card give airport lounge access?
We did not find lounge access on this card in the sources we checked.
Who is the Standard Chartered Smart Credit Card best suited to?
A simple cashback card: 2% on online purchases capped at ₹1,000 a month and 1% offline capped at ₹500 per statement cycle, with caps shared across primary and supplementary cards. Fuel earns nothing, and bill payments through Standard Chartered's bill-pay count only for telecom and utility billers. The ₹499 fee is waived in the first year as a special offer (which can be withdrawn) and reversed at ₹1.2 lakh of spend afterwards. We have not found a Standard Chartered MITC for this card, so rent and wallet treatment is unconfirmed. The ₹499 annual fee is waived at ₹1,20,000 a year of eligible spend, about ₹10,000 a month. All of our profiles clear that, so the fee costs nothing on them. On our 6 profiles it nets from ₹2,232 (first card, light spender) to ₹19,440 (frequent flyer), equal to 0.3% to 1.6% of spend across the profiles.
Sources
- CardAdvisor banks/standard-chartered-credit-cards aggregator fetched 2026-10-29
- Standard Chartered India Smart Credit Card (official page) official fetched 2026-10-30
- Standard Chartered India credit card general T&C official fetched 2026-10-30
- Standard Chartered Smart Credit Card product Terms and Conditions (official PDF) official fetched 2026-10-30
- SC Smart Credit Card Most Important Terms and Conditions (official PDF) official fetched 2026-10-30
- SC credit card tariffs and charges (official) official fetched 2026-10-30
Not financial advice. Figures are estimates from published terms and may be outdated; confirm with Standard Chartered Bank before you apply. Methodology.
