Standard Chartered is set to launch its new cashback card, the Simply Cash Credit Card. This move comes at a time when the foreign bank has not introduced any exciting offers for its users in a while, particularly new credit card options. The Standard Chartered Simply Cash Credit Card will offer cardholders 5% cashback, up to ₹1,000 each month, on purchases made in retail fashion, home furnishing, and department stores. All other purchases will earn unlimited cashback at a rate of 0.25%.
Features of the Standard Chartered Simply Cash Credit Card
| Spend Categories | Cashback | Maximum Cashback Cap (Per Month) |
| Retail Fashion, Home Furnishing & Departmental Stores | 5% | ₹1,000 |
| Other Spends | 0.25% | Unlimited |
- Fuel and cash withdrawals are not eligible for cashback.
- Cardholders are eligible for cashback with no minimum transaction value or spending requirements.
- The maximum fuel surcharge waiver is capped at ₹400 per month for fuel transactions between ₹400 and ₹2,000.
- The usual redemption charges of ₹99 + GST shall not be applicable for this card.
Bottom Line
The Standard Chartered Simply Cash Credit Card appears to be an appealing option for those who regularly spend on fashion, home furnishings, and department stores. 5% cashback up to ₹1,000 is decent for beginners. As more information becomes available about this card, it will be easier to compare it with other cashback credit cards.
While not much information is available about this card yet, it is expected to be launched soon.
1 comment
Daxesh.darji
I Have already Sc Smart Card.
I Applied To Close The Same
I can’t Understand Why cheating to Customer As welcome Gift by Smart Watch.
Many times I Have already complaint to Care Centre Via registered Mail N calls.
But Not Proper Response.
Do The Needful.