The all-new Standard Chartered Smart Credit Card is here for online shoppers, streamers, gamers, foodies and music lovers, with up to RM100 cashback up for grabs.
30% cashback for the first 6 months
From 1 November 2020 until 30 April 2021, Standard Chartered Smart Credit Card is offering a generous 30% cashback, capped at total of RM80 per month. You are eligible to earn this cashback for the first 6 months from the card approval date. How this cashback works?
There are a total of RM870,000 cashback to be grabbed during this period. All you need to do is be among the first thousands cardholders that swipe their new Standard Chartered credit card at selected merchants on these spending categories:
|Category||Merchants||Terms and Conditions|
|Online shopping||Lazada, Shopee & Zalora||30% cashback capped at RM15 for first 4,000 eligible cardholders|
|E-wallet||Boost, GrabPay & Touch 'n Go||30% cashback capped at RM15 for first 4,000 eligible cardholders|
|Travel||Agoda, Klook & RoamingMan||30% cashback capped at RM50 for first 500 eligible cardholders|
So you have earned RM80 cashback on online and e-commerce spending, where is another RM20?
6% cashback on Digital Lifestyle spend
To unlock a 6% cashback, capped at RM20 per month from your Standard Chartered Smart Credit Card on Digital Lifestyle category, just spend a minimum of RM1,000 on retail transactions at these merchants:
So, gather up all your monthly digital billings to your new Standard Chartered Smart Credit Card now to enjoy RM20 savings!
30% Online Dining Cashback
For a limited time until 31 December 2020, you will get to enjoy 30% savings on your total dining bill when you spend a minimum of RM100 in a single receipt on your Standard Chartered credit card.
That's not all, when you order food online at selected restaurant partners, you will also get 30% cashback, capped at RM30 per transaction, RM60 per eligible cardholder per month. Terms and conditions apply.
Annual Fee Waiver
If you are looking for a credit card with zero annual fee for the first year, then the all new Standard Chartered Smart Credit Card is your starter kit!
After that, you will need to spend RM12,000 annually on the subsequent years to enjoy the annual fee waiver.
What happens if I did not make a repayment on time?
There will be a finance charge incurred on the outstanding credit card balance that are overdue. This finance charge, ranging from minimum 15% p.a to maximum 18% p.a, is tiered based on the user's repayment behaviour in the last 12 months.
See table below for reference:
|15%||Cardmembers who promptly settle their Minimum Monthly Payment due for 12 consecutive months.|
|17%||Cardmembers who promptly settle their Minimum Monthly Payment due for 10/11 months in the last 12 consecutive months.|
|18%||Cardmembers who make 9 months or less prompt payments of their Minimum Monthly Payment in the last 12 consecutive months.|
For example, within 12 months from the card approval date you have missed 3 credit card repayments consecutively, 18% p.a finance charge will be levied on the credit card outstanding balance.
After which you have managed to consistently repay your credit card outstanding balance promptly and in full for 12 consecutive months, the finance charge will be defaulted to the minimum.
Line of Credits
Standard Chartered Smart Credit Card is equipped with beneficial credit lines such as Flexi Pay Plus and Balance Transfer Plus which offer competitive rates and flexible repayment tenures.
Besides that, you will also get to enjoy 0% p.a. interest on Cheque-on-Call Plus with up to RM15,000 for 12 months.