Standard Chartered Simply Cash Credit Card

Standard Chartered Credit Cards Promotion

For a limited time, qualified applicants of eligible Standard Chartered credit card(s) will receive a free guaranteed sign-up gift of either the following:

• RM800 Touch 'n Go E-Wallet Credit (Guaranteed to qualified applicants who submit EPF statements as their income document to the bank's online application form)
• RM500 Touch ‘n Go E-Wallet Credit (Guaranteed to qualified applicants who do not submit EPF statements as their income document to the bank’s online application form)

Bonus Gift (Sign-up with Flexi-On-Balance or FlexiPay Plus)

• RM200 Touch 'n Go E-Wallet Credit (Guaranteed to qualified applicants who participate in the Flexi-On-Balance/FlexiPay Plus via the SC mobile app, with a minimum amount of RM500 within 150 calendar days upon the card approval

Bonus Gifts (Sign-up with Standard Chartered JumpStart Savings Account-i or PrivilegeSaver Savings Account)

• RM188 Touch 'n Go E-Wallet Credit (For qualified applicants who maintain a minimum of RM5,000 at the end of every month for 3 months from the account opening date.)
• RM28 Touch 'n Go E-Wallet Credit (Guaranteed to qualified applicants who maintain a minimum of RM1,000 at the end of every month for 3 months from the account opening date.)

The credit card promotion is valid from 14 October 2024 until 21 October 2024, subject to the campaign’s terms and conditions.

The savings account sign-up promotion is valid from 19 August 2024 until 28 February 2025, subject to the promotion's terms and conditions.

*The EPF statements must be downloaded as a full statement from the KWSP i-Akaun portal or the i-KWSP App with a minimum of 6 months or 2 years contribution.

Who is qualified for this promotion?

This promotion is open to new customers only. Those who are not eligible to apply are existing principal/supplementary cardholders(s) and those who have cancelled their Standard Chartered credit card(s) within 18 months before the flash deal application.

How to be eligible for the gift?

Apply, get approved by Standard Chartered, subsequently activate the new card and spend a minimum of RM400 per month, for three (3) months upon the approval date to be eligible.

Please refer to the flash deal terms and conditions for more details.

Which credit card(s) can I apply for?

You can apply for:

• Standard Chartered Simply Cash Credit Card
• Standard Chartered Journey Credit Card
• Standard Chartered Visa Platinum Credit Card

Where can I reach out to you for more information?

For any questions, please get in touch with us via email at [email protected]. We're happy to help!

Highlights of the Standard Chartered Simply Cash Credit Card

Recently renamed to Simply Cash Credit Card from the previous JustOne Platinum Credit Card, Standard Chartered has also revised the cashback benefits for this new card. Before we get into the details, let’s see some of the highlights below.

• Highest cashback rate: 15%
• Highest cashback amount: RM20 for each spending category
• Minimum spend to earn the highest cashback amount: RM2,500 monthly
• Eligible spending categories to earn the highest cashback rate: Petrol, E-Wallet, Grocery plus Dining (these two are under one category)
• Eligible cardholder(s): Principal and Supplementary

Tell me more about the cashback benefits.

With Standard Chartered Simply Cash Credit Card, spending on everyday essentials can be rewarding and at the same time, helps you save some bucks every month. But how so?

Just spend on selected categories such as Petrol, E-Wallet, and Grocery plus Dining, and you can earn up to 15% cashback monthly. The cashback cap, on the other hand, is capped at RM20 monthly for each of the categories (remember, Grocery plus Dining are combined into one), subject to the cashback cap in each spend tier.

Additionally, to be eligible for the cashback, you must spend with the participating merchants of the four spending categories mentioned above. Here’s a list we’ve compiled for your easy reference.

Enjoy an annual fee waiver with Simply Cash Credit Card

The credit card annual fee for Standard Chartered Simply Cash is RM250. No annual fee is charged to supplementary cardholders.

However, if you are a new Standard Chartered customer, you will be exempted from paying the annual fee for the first year.

Beneficial credit lines from Standard Chartered

If you're looking to manage your finances and get a better cash flow, Standard Chartered can assist you with their flexible credit lines.

We already mentioned a couple of the credit lines above namely the FlexiPay Plus and Balance Transfer Plus. To recap, you can stretch the payment of an item into flexible instalments with low interest via the FlexiPay Plus program. Meanwhile, for the latter program, you can transfer your credit card debt from other banks to a new Standard Chartered credit card with a lower interest rate over longer repayment tenures.

Other than those two, you can also enjoy other credit lines that are as beneficial such as the following list.

• Easy-Payment-Scheme: You can convert items into a 0% easy payment scheme over flexible tenures only with selected merchants such as Machines, Harvey Norman, Poh Kong and many more.
• Cash-On-Call Plus: You can get extra cash at hand from your credit card with a fixed interest rate of 9.88% p.a. for up to 60 months.
• Automatic Balance Conversion: It’s a by-invitation-only program where you’re able to pay off your credit card outstanding balance with much lower interest over a longer instalment period.

Mastercard e-commerce purchase protection

This is a special feature to benefit from for Simply Cash Credit Card holders. If you tend to shop online internationally, you can get your items covered up to USD200. This protection plan is offered by AIG Malaysia Insurance Berhad for the following occurrences. You can find more details of this benefit in the T&C here.

• Non-delivery and/or incomplete delivery of goods and shipping charges (applicable within 30 days of the scheduled delivery)
• Improper functioning/physical damage of the goods

What happens if I do not make a repayment on time?

There will be a finance charge incurred on the outstanding credit card balance that is overdue. This finance charge, ranging from a minimum of 15% per annum to a maximum of 18% per annum, is tiered based on the user's repayment behaviour in the last 12 months.

See the table below for reference:

For example, if within 12 months from the card approval date you have missed 3 credit card repayments consecutively, an 18% per annum finance charge will be levied on the credit card outstanding balance.

After you have managed to consistently repay your credit card outstanding balance promptly and in full for 12 consecutive months, the finance charge will default to the minimum.

What are the required documents to make an application?

If you are a salaried employee, please prepare the following documents.

Private sector:

• Copy of your IC (both sides); and
• Latest 2 years of EPF statements (PDF copy downloaded from the KWSP i-Akaun website/ mobile app)

Public sector:

• Copy of your IC (both sides); and
• Latest Form B/BE and the Acknowledgement Summary Page (click here to see the guidelines)

If you are a commission earner, please prepare the following documents.

Private sector:

• Copy of your IC (both sides); and
• Commission statement and bank statement

Public sector:

• Copy of your IC (both sides); and
• Latest Form B/BE and the Acknowledgement Summary Page (click here to see the guidelines) 

If you are self-employed, please prepare the following documents.

• Copy of your IC (both sides); and
• Latest Form B/BE and the Acknowledgement Summary Page (click here to see the guidelines)

Note: Effective 13 May 2024, please ensure that "Account 3" is shown in the downloaded EPF statement.