If you’re looking for a credit card that offers cashback on all your spending without any minimum spend requirements or cashback caps, the Standard Chartered Simply Cash Credit Card might be the perfect fit for you. This card is designed to be a fuss-free option that rewards you for your everyday spending, making it a popular choice among Singaporeans.
With the Standard Chartered Simply Cash Credit Card, you can earn up to 1.5% cashback on all your eligible spending, with no cap on the amount of cashback you can earn. There are no minimum spend requirements, so you can enjoy the benefits of this card no matter how much or how little you spend. Plus, the card comes with a range of exclusive perks and benefits that make it even more appealing.
To apply for the Standard Chartered Simply Cash Credit Card, you’ll need to meet certain eligibility criteria. This includes having a minimum annual income of S$30,000 if you’re a Singaporean or Permanent Resident, or S$60,000 if you’re a foreigner. You’ll also need to be at least 21 years old and have a good credit score. Once you’ve met these requirements, you can apply online or in person and start enjoying the benefits of this popular credit card.
Key Takeaways
- The Standard Chartered Simply Cash Credit Card offers up to 1.5% cashback on all eligible spending, with no minimum spend requirements or cashback caps.
- To apply for this card, you’ll need to meet certain eligibility criteria, including having a minimum annual income of S$30,000 if you’re a Singaporean or Permanent Resident, or S$60,000 if you’re a foreigner.
- The Standard Chartered Simply Cash Credit Card comes with a range of exclusive perks and benefits that make it a popular choice among Singaporeans.
Simply Cash Card Overview
If you’re looking for a credit card that offers exceptional cashback rewards, the Standard Chartered Simply Cash Credit Card is an excellent choice. This card is designed to provide you with unlimited cashback on all your purchases, without any minimum spend or cashback cap.
Key Features
The Standard Chartered Simply Cash Credit Card offers a range of features that make it an attractive choice for those who want to earn cashback rewards. Here are some of the key features of this card:
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Unlimited cashback: With this card, you’ll earn cashback on all your purchases, without any minimum spend or cashback cap. This means that you can earn as much cashback as you want, without any restrictions.
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Multiple card options: The Standard Chartered Simply Cash Credit Card is available in three different card options: American Express, Mastercard, and Visa. This gives you the flexibility to choose the card that best suits your needs.
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$0 annual fee: Unlike many other credit cards, the Standard Chartered Simply Cash Credit Card has no annual fee, making it a cost-effective choice for those who want to earn cashback rewards.
Benefits and Rewards
In addition to its key features, the Standard Chartered Simply Cash Credit Card also offers a range of benefits and rewards that make it an attractive choice for Singaporean consumers. Here are some of the benefits and rewards you can enjoy with this card:
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$288 cashback: If you spend $588 within 30 days of card approval, you’ll receive $288 cashback. This is a great way to kickstart your cashback rewards and get more value from your purchases.
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Additional cashback rewards: The Standard Chartered Simply Cash Credit Card also offers additional cashback rewards on eligible spend, such as petrol, dining, and shopping promotions. This makes it an all-rounded card for individuals in Singapore who prefer a fuss-free cash back credit card.
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Unlimited$aver: With the Standard Chartered Simply Cash Credit Card, you can also enjoy the benefits of the Unlimited$aver program. This program allows you to earn up to 3% p.a. interest on your savings account, making it a great way to grow your money.
Overall, the Standard Chartered Simply Cash Credit Card is an excellent choice for those who want to earn cashback rewards on all their purchases. With its unlimited cashback, multiple card options, and additional benefits and rewards, this card is a great way to get more value from your spending.
Eligibility and Application
If you’re looking for a cashback credit card that offers a flat rate of 1.5% rebate on all your spending, the Standard Chartered Simply Cash Credit Card might be the right choice for you. Here’s what you need to know to apply.
Income Requirements
To be eligible for the Standard Chartered Simply Cash Credit Card, you need to be between 21 and 65 years old and earn a minimum annual income of $30,000. This applies to both salaried employees and self-employed individuals.
Application Process
The application process is straightforward, and you can apply for the card online or in person at a Standard Chartered branch. If you’re a current Standard Chartered credit cardholder, you won’t need to submit any documents unless there has been a recent change in your income. In that case, you’ll need to submit your updated documents during the application process.
To apply for the Standard Chartered Simply Cash Credit Card, you’ll need to provide the following information:
- Your NRIC or passport number
- Your employment pass (if applicable)
- Your income details
- Your contact information
Once you’ve submitted your application, the bank will review your application and let you know whether you’ve been approved. If you’re approved, you’ll receive your new credit card in the mail within a few days.
Overall, the Standard Chartered Simply Cash Credit Card is a great option if you’re looking for a simple, fuss-free cashback credit card. With no cap on cashback and no minimum spend, it’s a great way to earn rewards on all your spending.
Fees and Charges
As with any credit card, the Standard Chartered Simply Cash Credit Card comes with a range of fees and charges that you should be aware of. Here’s a breakdown of the fees and charges associated with this card:
Annual Fees
The Simply Cash Credit Card charges an annual fee of £100 (inclusive of 9% GST). However, this fee is waived for the first year of card membership. This means that you won’t have to pay any annual fees for the first 12 months after you sign up for the card.
Other Charges
In addition to the annual fee, there are a number of other charges that you should be aware of. These include:
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Interest Rate: The interest rate on the Standard Chartered Simply Cash Credit Card is 26.9% per annum. This rate is subject to change, so be sure to check the latest rates before you apply for the card.
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Overlimit Fee: If you exceed your credit limit, you will be charged an overlimit fee of £25.
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Foreign Currency Transaction Fee: If you use your Standard Chartered Simply Cash Credit Card to make purchases in a foreign currency, you will be charged a fee of 3% of the transaction amount.
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Late Payment Fee: If you fail to make your minimum payment by the due date, you will be charged a late payment fee of £25.
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Cash Advance Fee: If you use your Standard Chartered Simply Cash Credit Card to withdraw cash, you will be charged a fee of 6% of the amount withdrawn (minimum £10).
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Cash Advance Interest Rate: In addition to the cash advance fee, you will also be charged interest on the amount withdrawn at a rate of 28.88% per annum.
Overall, while the Standard Chartered Simply Cash Credit Card does come with a number of fees and charges, it still offers a competitive cashback rate on all purchases. Just be sure to keep these fees and charges in mind to avoid any surprises down the line.
Exclusive Card Perks
When you sign up for a Standard Chartered Simply Cash Credit Card, you get to enjoy exclusive perks that are designed to make your life easier and more enjoyable. Here are some of the benefits you can look forward to:
Shopping and Dining Discounts
As a Standard Chartered Simply Cash Credit Cardholder, you get to enjoy discounts at various shopping and dining establishments across Singapore. For example, you can enjoy up to 20% off your total bill at participating restaurants, cafes, and bars. You can also enjoy discounts on your shopping at various retail outlets, both online and offline.
Travel and Lifestyle Privileges
If you love to travel, you’ll be pleased to know that the Standard Chartered Simply Cash Credit Card comes with a range of travel and lifestyle privileges. For example, you can enjoy discounts on flights, hotels, and car rentals when you book through the bank’s travel partners. You can also enjoy access to exclusive airport lounges, as well as discounts on travel insurance.
In addition to these perks, the Standard Chartered Simply Cash Credit Card also offers a range of other benefits, such as cashback rewards that don’t require you to meet a minimum spend. This makes it an ideal card for both locals and foreigners who want to enjoy the good life without breaking the bank.
Overall, the Standard Chartered Simply Cash Credit Card is a great choice for anyone who wants to enjoy exclusive perks and rewards while also keeping their spending in check. So why not sign up today and start enjoying all that this card has to offer?
Understanding the Fine Print
If you are considering applying for the Standard Chartered Simply Cash Credit Card, it is important to understand the fine print. This section will provide you with an overview of the terms and conditions, as well as the interest rates and calculations associated with the card.
Terms and Conditions
Before applying for the card, it is important to review the terms and conditions carefully. Standard Chartered Bank provides a detailed list of terms of use and guidelines on their website. Be sure to read these carefully to ensure that you understand the card’s features and limitations.
One important aspect to note is that the effective interest rate of the card is 26.9% per annum. This rate is calculated based on a monthly rest rate and is subject to change. Additionally, there may be fees associated with late payments, cash advances, and balance transfers. Be sure to review these fees carefully before using the card.
In the event of any conflict between the terms and conditions and any other documents or agreements, the terms and conditions will prevail.
Interest Rates and Calculations
The Standard Chartered Simply Cash Credit Card offers a cashback of up to 1.5% on all spending, with no minimum spending requirement or cashback cap. This means that you can earn cashback on all your spending, regardless of the amount.
The interest rate on the card is calculated based on a monthly rest rate. This means that interest is charged on the outstanding balance at the end of each month. The interest charged is based on the effective interest rate of 26.9% per annum.
To avoid paying interest, it is important to pay your balance in full each month. If you do carry a balance, be sure to make at least the minimum payment each month to avoid late fees.
In conclusion, the Standard Chartered Simply Cash Credit Card is a great option for those who want to earn cashback on all spending. However, it is important to review the terms and conditions carefully, as well as to understand the interest rates and calculations associated with the card.
Frequently Asked Questions
What’s the most thrilling cashback percentage offered by the Simply Cash Credit Card?
The Simply Cash Credit Card offers an exciting flat cashback rate of 1.5% on all eligible spend, with no minimum spend requirement. This means that you can earn cashback on every purchase you make, no matter how big or small.
How do I avoid paying an annual fee on my Simply Cash Credit Card?
Good news! The Simply Cash Credit Card comes with no annual fee for life. That’s right – you won’t have to worry about paying any annual fees as long as you hold the card.
Can you tell me if there’s a minimum spend required to earn cashback with the Simply Cash Credit Card?
No, there is no minimum spend required to earn cashback with the Simply Cash Credit Card. You will earn cashback on all eligible spend, regardless of the amount.
Are there any transactions excluded from earning cashback on the Simply Cash Credit Card?
Yes, there are a few transactions that are excluded from earning cashback on the Simply Cash Credit Card. These include cash advances, balance transfers, and any fees or charges incurred on the card.
Is there a cap to the amount of cashback I can earn with the Simply Cash Credit Card?
No, there is no cap to the amount of cashback you can earn with the Simply Cash Credit Card. You can earn unlimited cashback on all eligible spend, with no maximum cashback limit.
How does the Simply Cash Credit Card stack up against the Smart Credit Card for cashback rewards?
The Simply Cash Credit Card offers a higher flat cashback rate of 1.5%, compared to the Smart Credit Card’s flat cashback rate of 1%. Additionally, the Simply Cash Credit Card has no annual fee for life, while the Smart Credit Card has an annual fee of $192.50. Overall, the Simply Cash Credit Card is a great choice for those looking for a simple and fuss-free cashback credit card.