Credit Cards

Best Standard Chartered Credit Cards in Singapore – Credit Card Reviews 2019

Best Standard Chartered Credit Cards Review

Clara Lim

0 Comments

If you’re looking to apply for a Standard Chartered credit card, there aren’t a ton of options. Half the credit cards in their stable are targeted at niche card users, so there are only a few general credit cards such as the Standard Chartered Unlimited Cashback card and the Standard Chartered Spree card.

Take a look at Standard Chartered’s major credit cards here:

 

Best Standard Chartered credit cards in Singapore 2019

Standard Chartered credit card Key benefits
Standard Chartered Unlimited Cashback Card 1.5% unlimited cashback with no minimum spend
Standard Chartered Spree Card 2% cashback on local online + contactless payment / 3% for foreign currency online spending
Standard Chartered Rewards+ Card $1 = 1.45 miles on local dining / 2.9 miles on foreign currency spending
Standard Chartered Platinum Visa / Mastercard Earn rewards points for bank transactions (e.g. investments, loans, deposits)

Note: The popular Standard Chartered Manhattan Card is not on this list because StanChart has stopped taking in applications.

 

Standard Chartered Unlimited Cashback Card – 1.5% cashback with no cap

Standard Chartered Unlimited Cashback Credit Card

Standard Chartered Unlimited Cashback Credit Card


Card Benefits

  • Get SS200 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. To be fair, they’re very easy to use, with no minimum spending requirements and no cashback cap, even though you don’t earn crazy huge cash rebates.

Standard Chartered’s Unlimited Cashback card 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 that blowout holiday, wedding banquet, or fancy new OLED TV.

See the full review of the Standard Chartered Unlimited Cashback card here.

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%*

 

Standard Chartered Spree Card – 2% / 3% cashback on online shopping

Standard Chartered Spree Credit Card

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 shopping in Singapore, the Standard Chartered Spree Card is one of the rare cards with no minimum spend requirement. That’s great for people who don’t want their occasional online purchase to turn into a full-blown habit.

    As a bonus, you get 2% cashback on offline contactless payments, and 1% on everything else. So even though the cashback rates are not much to shout about, it’s definitely a useful card if you lead a relatively frugal lifestyle.

    Key features:

    • 3% cashback on foreign currency online spend and vPost (note that foreign currency transactions will incur admin and transaction fees so you’re really just breaking even)
    • 2% on local online spend and contactless payment
    • 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)

     

    Standard Chartered Rewards+ Card – miles card for foodies

    Until recently, Standard Chartered didn’t have a credit card for earning miles, which was a real weakness given how bored Singaporeans are with our little island passionate Singaporeans are about travelling.

    The newly launched Standard Chartered Rewards+ Card remedies that. Although it’s marketed as a “rewards” card, it’s actually better for frequent travellers to use as a miles card.

    You get a cool 2.9 miles per $1 spent in foreign currency, which totally beats the overseas earn rates offered by most other miles cards. Local dining also gets you 1.45 miles per S$1, which makes this card great if you love dining and travel, i.e., almost every Singaporean.

    Look out for the low annual rewards points cap, though. This card is only good for up to $2,000 of overseas spending or $4,000 of local dining spending – switch to another card after you hit that limit.

    See the full review of the Standard Chartered Rewards+ card here. [Note: It’s sponsored.]

    Key features:

    • Earn 10X rewards points (= 2.9 miles) per $1 spent overseas / in foreign currency
    • Earn 5X rewards points (= 1.45 miles) per $1 spent on local dining
    • No minimum spending requirements
    • Rewards points capped at 20,000 points per year
    • Rewards points can be exchanged for air miles and vouchers in the Standard Chartered rewards catalogue

    Essential info:

    • Minimum income: $30,000 (Singaporean & PR) / $60,000 (foreigner)
    • Annual fee: $192.60 (waived for two years)
    • Annual interest rate: 26.9%*

     

    Standard Chartered Platinum Visa / Mastercard – rewards card for banking with SCB

    Standard Chartered Platinum Visa/MasterCard Credit Card

    Standard Chartered Platinum Visa/MasterCard Credit Card


    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 rewards points for shopping or online spending. But this particular credit card is very different.

      It’s got a unique set up where you earn rewards points for each “banking relationship” you have with Standard Chartered: Deposits, home loans, investments and so on. 

      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 Standard Chartered
      • 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%*

      *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 Visa Infinite Credit Card: Miles card for those earning $150,000 a year

      Standard Chartered Priority Visa Infinite Credit Card: Priority Banking version of the above

      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 for business use

      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

      The Best Cashback Credit Cards in Singapore

      The Best Air Miles Credit Cards in Singapore 

      The Best Credit Cards in Singapore for Online Shopping

      Personal finance tips delivered to your inbox!

      Tags:

      Clara Lim

      I used to be MoneyDumb. I hung out at H&M every day and thought that a $50 lunch set was a good deal. These days, I spend my time researching the crap out of life and trying to maximise utility on micro-decisions. I'm not sure if that's an improvement.