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Standard Chartered Smart Credit Card: Fees, Rewards & Benefits

Online Shopping card

Vyaya Team · Aug 2026
5 min read
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Value Score
9.0 / 10
Annual Fee
₹499
Best For
Online Shopper, New-to-Card EMI User
Network
Visa
Expert Verdict

The SC Smart is a simple cashback card giving 2% on online spends (capped 1,000/month) at full value, with a waivable INR 499 fee and handy EMI/interest-free perks. The monthly cap, lack of lounge access and 3.5% forex markup keep it firmly entry-level.

STANDARD CHARTEREDVisa
Standard Chartered Smart
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REWARD SUMMARY
1% Base Rewards
Online Shopping card
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The Bottom Line

The Standard Chartered Smart is built for online shopper and new-to-card emi user. With a ₹499 annual fee that is waived on ₹1,20,000 yearly spend, it offers 2% rewards on online and a welcome benefit worth ₹500. It makes the most sense if your spending matches online shopper and new-to-card emi user.

It earns a base reward rate of 1% and stacks best when your spending lines up with Online Shopper, New-to-Card EMI User. The renewal fee gets easier to justify once you can hit ₹1,20,000 in yearly spend.

What we like
+Straightforward cashback: 2% on online spends (2x the 1% base) at full 1 INR per point value, capped at 1,000 per month.
+No joining fee, and the INR 499 annual fee is reversed on INR 1,20,000 of annual spend.
+Extended interest-free credit period for the first 90 days after issuance on retail purchases.
+EMI conversion at just 0.99% per month with nil processing fee on a 3-month tenure.
What we don't
Online cashback is capped at 1,000 per month, limiting heavy online shoppers.
No airport lounge access (0 domestic, 0 international).
High 3.5% forex markup with a 3% (minimum INR 300) cash advance fee.
Fuel earns no cashback and there is no fuel surcharge waiver.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
Online Shopper

Users with regular online spends who want simple 2% cashback (up to 1,000/month) and can waive the INR 499 fee at INR 1.2 lakh spend.

+
New-to-Card EMI User

Those who value the 90-day interest-free period and low-cost 0.99%/month EMI conversion.

Probably not for

Skip
Big Online Spender

The 1,000/month cashback cap restricts earnings for high-volume online buyers.

Traveller

No lounge access and a 3.5% forex markup make it unsuitable for travel.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Welcome bonus (Year 1)+₹500
Annual fee-₹499
Net Value (Year 1)+1
Net Value (Year 2+)-499
Progress to fee waiver0%

Spend ₹1,20,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

Standard Chartered Smart offers 1% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Online
2%

Welcome Offer

Welcome Benefit

Amazon Pay voucher worth INR 500 on activating the card and spending a minimum of INR 2,000 during the offer period.

Value: ₹500

Milestone Benefits

Spend ₹1,20,000

Annual/renewal fee of INR 499 reversed on spends of INR 1,20,000 or more in the preceding year.

Fees & Charges

Joining fee₹0
Annual fee₹499
Fee waiverSpend > ₹1,20,000

Eligibility

  • Min Income: ₹3 Lakhs
  • Min Credit Score: 750
  • Salaried/self-employed age 18-65; min monthly income Rs 25,000; 2% cashback on online, 1% on offline spends.

Exclusions & Terms

Forex markup

  • Foreign currency markup

Cash Advances

  • Cash/ATM withdrawals do not earn cashback. Cash advance fee of 3% of the withdrawal amount, minimum INR 300.

Frequently Asked Questions

2 data-backed answers from our card database

What is the annual fee of the Standard Chartered Smart?+

The Standard Chartered Smart has an annual fee of ₹499, waived on annual spends of ₹120,000.

What rewards does the Standard Chartered Smart offer?+

It earns Cashback, with accelerated earning on Online Shopping.

Ready to apply?

₹499 annual fee. Apply on the Standard Chartered website.

Apply on Standard Chartered

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