Best Standard Chartered Credit Cards in Singapore – Credit Card Reviews 2018

The average Singaporean probably only knows of a couple of Standard Chartered credit cards – the Unlimited Cashback card and Spree card – but SCB actually has quite a number of credit cards on offer (some are either outdated or niche though). Take a look at Standard Chartered’s major credit cards here:
Standard Chartered Credit Cards
Credit card | Benefits | Things to note |
Standard Chartered Unlimited Cashback Credit Card | 1.5% cashback on everything, no minimum spend, no cap | |
Standard Chartered Spree Credit Card | 3% cashback on online spend (foreign currency), vPost
2% cashback on online spend (local), contactless payment 1% cashback on all other retail spend |
No min. spend
Cashback cap $60 |
Standard Chartered Manhattan World Mastercard | 3% cashback with min. spend $3,000
1% cashback with min. spend $1,000 |
Min. spend $1,000 or $3,000
Cashback cap $200 per quarter |
Standard Chartered Platinum Visa / Mastercard | Earn 50 rewards points per banking relationship (bank, transact, deposit, loan, invest)
Get 2X rewards with $1,000 spend |
Min. spend $250
Must have banking relationship with SCB |
Standard Chartered Visa Infinite Card | $1 = 1.4 miles (local)
$1 = 3 miles (overseas) 35,000 welcome miles with payment of annual fee |
Min. income $30,000 (for Priority Banking customers) or $150,000
Min. spend $2,000 $588.50 annual fee |
SCB cashback credit card with no cap: Standard Chartered Unlimited Cashback Card
Card Benefits
- Get SS250 Cash + Cashback - Standard Chartered Bank Unlimited Cashback Card
- Submit your (i)Contact Details and (ii)11-13 digit Reference Number on the Thank You Page upon completion at MoneySmart Claim Form by 28 Feb 2019 for your S$150 Cash Gift. Refer to T&Cs here
- 1.5% cashback on all eligible spend
- No cashback cap and no minimum spend
- Doubles up as your ez-link card with the EZ-Link facility enabled on it
- Enjoy discounted movie tickets at Cathay Cineplexes
It seems Singaporeans have an appetite for these “unlimited” cashback credit cards. SCB’s entrant in this category lets you earn a straight 1.5% rebate on everything. Since you don’t need to worry about bursting caps, this card is ideal for massive expenses like wedding banquets or home renovations.
Key features:
- Get 1.5% cashback on all spend, no minimum, no cap
Essential info:
- Minimum income: $30,000 (Singaporean & PR) / $60,000 (foreigner)
- Annual fee: $192.60 (waived for two years)
- Annual interest rate: 26.9%*
Also consider: American Express True Cashback Card
SCB cashback credit card for online shopping: Standard Chartered Spree Credit Card
Card Benefits
- Get up to S$100 worth of Cashback when you apply for SCB Spree Card via MoneySmart
- 3% cashback on all online spends in foreign currency
- 2% cashback on all online spends in local currency, contactless and mobile payments
- 20% off vPost shipping fees for air shipments to Singapore, capped at $1250 per shipment
- Online Price Guarantee: refund of 50% of the price difference if you find a lower price for the same item within 30 days of your online purchase*
While there are several great cashback cards for online shoppers in Singapore, the SCB Spree Credit Card is the only one that I know of which doesn’t have a minimum spend requirement. That’s great for people who don’t want their occasional online purchase to turn into a full-blown habit.
Key features:
- Get 3% cashback on foreign currency online spend and vPost, 2% on local online spend and contactless payment
- Note that foreign currency transactions will incur admin and transaction fees so you’re really just breaking even
- No minimum spend
- Monthly cashback cap of $60
- Annual interest rate: 26.9%*
Essential info:
- Minimum income: $30,000 (Singaporean & PR) / $60,000 (foreigner)
- Annual fee: $192.60 (waived for two years)
Also consider: DBS Live Fresh Card
SCB cashback credit card for big spenders: Standard Chartered Manhattan World Mastercard
This is a rather old credit card from Standard Chartered and it will probably be phased out as the SCB Unlimited Credit Card is better. But, if you want to make a one-off large purchase between $3,000 and $6,666, you can consider this for a higher rebate than the SCB Unlimited Card.
Key features:
- Get 3% cashback with $3,000 spend and up
- Cashback drops to 1% if you spend between $1,000 and $3,000 a month
- Capped at $200 per quarter, meaning you can’t spend more than $6,666 per quarter
Essential info:
- Minimum income: $30,000 (Singaporean & PR) / $60,000 (foreigner)
- Annual fee: $192.60 (waived for first year)
- Annual interest rate: 26.9%
Also consider: American Express True Cashback Card
SCB rewards credit card for banking: Standard Chartered Platinum Visa / Mastercard
Card Benefits
- $1 = 1 point
- $1 = 2 points (at least $1,000 spend per month) on all spend when you open a Standard Chartered Current Account
- Exclusive dining, shopping and travel privileges with The Good Life®
Most rewards credit cards let you earn points for shopping or online spending. The one exception is the SCB Platinum Card. It’s got a unique set up where you earn 360° Rewards points for banking with Standard Chartered – like mortgage, investments, deposits, etc.
Key features:
- You must spend $250 a month on the card to get bonus points
- Earn 50 points a month when you open a current account, fixed deposit, take out a home loan or make any online transactions
- Get 100 points a month if you invest with SCB
- Rewards points can be exchanged for air miles and vouchers in the Standard Chartered rewards catalogue
- Get up to 15% cashback (capped at $30 per month) on Grab rides in Singapore and overseas (from now until 31 March 2019).
Essential info:
- Minimum income: $30,000 (Singaporean & PR) / $60,000 (foreigner)
- Annual fee: $192.60 (waived for three years)
- Annual interest rate: 26.9%*
SCB air miles credit card: Standard Chartered Visa Infinite Card
This premium credit card is only for those making $150,000 a year and have a correspondingly high expenditure. If you do meet these requirements, the SCB VI gives you probably the best overseas miles earn rate ($1 = 3 miles) in town, so it’s ideal for business travellers.
Key features:
- Use this overseas as much as possible to get 3 miles per dollar
- Local spend gets you 1.4 miles per dollar, which isn’t too bad either
- Minimum spend $2,000 every month, otherwise earn rate drops to $1 = 1 mile
- Welcome bonus of 35,000 miles with payment of $588.50 annual fee (non-waivable)
Essential info:
- Minimum income: $150,000
- Minimum income for Priority / Private Banking customers: $30,000 (Singaporean & PR) / $60,000 (foreigner)
- Annual fee: $588.50 (non-waivable)
- Annual interest rate: 26.9%*
Also consider: HSBC Visa Infinite Credit Card
*From 28 January 2019, effective interest rate for credit card purchases, personal loan finance charges & prevailing rate for fund transfers (if you are not on any promotional rate) will be 26.90% p.a. If full payment is not received by payment due date, finance charges will apply & are calculated on a daily basis from transaction date to payment due date. For more details, please visit sc.com/sg/fcrev.
Other Standard Chartered credit cards
- Standard Chartered Priority Visa Infinite Credit Card: Priority Banking version of the SCB Visa Infinite
- Standard Chartered Prudential Platinum Card: use rewards points to offset insurance premiums
- Standard Chartered PruPrestige Visa Signature Card: by invite only credit card for insurance premiums
- Standard Chartered NUS Alumni Platinum Card: for NUS alumni only
- Standard Chartered Business Platinum Card: basic rewards credit card
- Standard Chartered Manhattan $500 Card: student credit card with $500 credit limit
Do you use Standard Chartered credit cards? Tell us why or why not in the comments!
Related articles
Standard Chartered Unlimited Cashback Credit Card – MoneySmart Review 2019
Your Savings Account Sucks, Here Are Some That Don’t – 2019 Edition
Standard Chartered Home Loan Review Singapore – Which Mortgage to Choose from Standard Chartered
Keep updated with all the news!
Get the latest personal finance tips and tricks delivered to your inbox!
We promise never to spam you!
Tags: Credit Cards