If you’re looking for a credit card that offers cashback on your online and retail purchases, the Standard Chartered Spree Card Singapore might just be the one for you. This credit card allows you to earn up to 3% cashback on online purchases, with no minimum spend required. It also offers cashback on supermarket and retail purchases, making it a versatile choice for everyday spending.
The Standard Chartered Spree Card Singapore is a great option for those who enjoy shopping online. With cashback rewards on online purchases and a range of discounts and privileges across dining, shopping, lifestyle, and travel categories, this card is designed to help you maximise your spending and save money. Whether you’re looking to earn cashback on your next online shopping spree or save money on your petrol purchases, the Standard Chartered Spree Card has you covered.
Overall, the Standard Chartered Spree Card Singapore is a great choice for anyone looking to earn cashback on their everyday spending. With no minimum spend required and a range of rewards and privileges on offer, this credit card is designed to help you save money and get the most out of your purchases. So why not apply for the Standard Chartered Spree Card today and start earning cashback on your spending?
Key Takeaways
- The Standard Chartered Spree Card Singapore offers up to 3% cashback on online purchases, with no minimum spend required.
- This credit card also offers cashback on supermarket and retail purchases, making it a versatile choice for everyday spending.
- With a range of rewards and privileges on offer, the Standard Chartered Spree Card is designed to help you maximise your spending and save money.
Overview of Standard Chartered Spree Card
If you’re looking for a credit card that can help you earn cashback on your online and offline shopping, the Standard Chartered Spree Card might just be the one for you. Here’s what you need to know about this credit card.
Key Features
The Standard Chartered Spree Card offers a range of features that can make your shopping experience more rewarding. Here are some of the key features of this card:
- Cashback: With the Spree Card, you can earn up to 3% cashback on your online purchases. What’s more, there is no minimum spend required to earn the cashback. However, there is a monthly cap of $30 on the cashback you can earn from online purchases. Additionally, you can earn 2% cashback on your local currency online spending and 1% cashback on your other retail transactions.
- Annual Fee: The annual fee for the Standard Chartered Spree Card is $192.60. However, the fee is waived for the first two years, so you can enjoy the benefits of the card without having to pay any annual fee.
- Standard Chartered: The Spree Card is issued by Standard Chartered Bank, a well-known financial institution in Singapore.
Benefits and Rewards
Apart from cashback, the Standard Chartered Spree Card also offers a range of benefits and rewards. Here are some of the benefits and rewards you can enjoy with this card:
- The Good Life® offers: With the Spree Card, you can enjoy a range of offers and privileges across dining, shopping, lifestyle and travel categories through The Good Life® programme.
- Caltex discounts: You can enjoy up to 20% savings when you pump at Caltex with the Spree Card.
- SingPost partnership: The Spree Card used to be co-branded with SingPost, which offered additional benefits to cardholders. However, this partnership ended on 7 April 2023, and the SingPost co-branded card is no longer available for new applications.
Overall, the Standard Chartered Spree Card can be a great choice for those who want to earn cashback on their online and offline purchases. With its range of features and benefits, this card can help you save money while you shop.
Earning Cashback and Rewards
When it comes to earning cashback and rewards, the Standard Chartered Spree Card Singapore has got you covered. With this card, you can earn cashback on local and overseas spend, online transactions, and special categories.
Local and Overseas Spend
With the Spree Card, you can earn 2% cashback on all online spend in local currency, 3% cashback on all online spend in foreign currency and vPost spend, and 1% cashback on all other retail spends. This means that whether you’re shopping locally or overseas, you can earn cashback on your purchases.
Online Transactions
If you’re an avid online shopper, the Spree Card is perfect for you. You can earn 3% cashback on all online spend in foreign currency and vPost spend, as well as 2% cashback on all online spend in local currency. This means that whether you’re shopping on Amazon, Lazada, or any other online store, you can earn cashback on your purchases.
Special Categories
The Spree Card also offers cashback on special categories. For example, you can get 30% off vPost shipping fees, which can save you a lot of money if you’re someone who frequently shops online and needs to ship items from overseas. Additionally, you can earn cashback on your purchases when you spend on your credit card.
It’s important to note that there is a cashback cap of $60 per statement month, so make sure to keep this in mind when using your card. Overall, the Standard Chartered Spree Card Singapore is a great option for those looking to earn cashback and rewards on their everyday purchases.
Understanding Fees and Charges
If you’re considering getting the Standard Chartered Spree Card, it’s important to understand the fees and charges that come with it. This section will break down the various fees and charges associated with the card, so you can make an informed decision.
Annual Fees
The Standard Chartered Spree Card comes with an annual fee of $192.60. However, this fee is waived for the first 2 years, so you won’t need to worry about it until your third year of card membership. If you’re someone who uses their card frequently, the annual fee can be worth it for the rewards and benefits that come with the card.
Transaction Charges
There are no transaction charges for the Standard Chartered Spree Card. This means that you won’t be charged any fees for using your card to make purchases, whether you’re shopping online or in-store. Additionally, from 15 July 2022, no finance charges will be imposed on any fees billed to the card account (such as membership fee, late fee and any other fees charged by the Bank).
Penalty Fees
If you fail to make a payment on time, you may be charged a late payment fee of $100. This fee will be charged to your account if you miss the payment due date. It’s important to note that if you have already received a waiver on another credit card in the past 12 months, you may not be eligible for a waiver on the late payment charge for the Standard Chartered Spree Card.
Another fee to be aware of is the overlimit fee. If you exceed your credit limit, you may be charged a fee of $40. This fee will be charged to your account if you go over your credit limit. To avoid this fee, make sure you keep track of your spending and stay within your credit limit.
In summary, the Standard Chartered Spree Card comes with an annual fee of $192.60, which is waived for the first 2 years. There are no transaction charges, but you may be charged a late payment fee of $100 or an overlimit fee of $40 if you fail to make payments on time or exceed your credit limit. By understanding these fees and charges, you can make the most of your Standard Chartered Spree Card while avoiding unnecessary fees.
Eligibility and Application
Qualification Criteria
To be eligible for the Standard Chartered Spree Credit Card, you must meet certain criteria. You must be between the ages of 21 and 65 years old and meet the minimum annual income requirements. For Singapore citizens and PRs, the minimum annual income requirement is S$30,000, and for foreigners, it is S$60,000.
You will also need to provide a valid NRIC or passport and proof of income, such as an income tax notice of assessment or computerised payslip. These documents will be required during the application process.
Application Process
The application process for the Standard Chartered Spree Credit Card is relatively straightforward. You can apply online through the Standard Chartered website or by visiting a branch in person.
To apply online, you will need to fill out an application form and submit the required documents. Once your application has been processed, you will receive a notification of approval or rejection. If approved, you will receive your credit card within a few business days.
If you prefer to apply in person, you can visit a Standard Chartered branch and speak to a representative. They will guide you through the application process and help you submit the necessary documents. You will also receive a notification of approval or rejection once your application has been processed.
Overall, the application process for the Standard Chartered Spree Credit Card is simple and straightforward. As long as you meet the eligibility criteria and provide the required documents, you should be able to apply and receive your credit card without any issues.
Maximising Card Benefits
If you’re looking to make the most of your Standard Chartered Spree Card, there are a few strategies you can use to maximise your benefits. Here are some tips to help you earn more cashback and take advantage of exclusive deals and discounts.
Strategic Spending
To earn the maximum cashback on your Spree Card, it’s important to be strategic about your spending. Focus on using your card for online purchases, as you’ll earn 3% cashback on all online spend in foreign currency and all vPost spend, as well as 2% cashback on all online spend in local currency, all contactless and mobile payments. Keep in mind that there is a minimum spend requirement to qualify for cashback, so be sure to check your statement to ensure you meet the criteria.
Exclusive Deals and Discounts
In addition to cashback, your Spree Card also gives you access to a range of exclusive deals and discounts. Take advantage of these offers to save money on everything from dining and shopping to travel and entertainment. Keep an eye out for promotions from Standard Chartered’s partners, such as Caltex and Lazada, as well as discounts on shipping and storage from vPost and BigBox.
By following these tips, you can make the most of your Standard Chartered Spree Card and earn more cashback while taking advantage of exclusive deals and discounts. Be sure to keep track of your spending and check your statement regularly to ensure you’re meeting the minimum spend requirements and earning the maximum cashback available.
Frequently Asked Questions
What tantalising benefits can one enjoy with the Spree Card?
The Standard Chartered Spree Card is a great option for Singaporean shoppers looking to maximise their cashback on online purchases. With the Spree Card, you can earn up to 3% cashback on all online spends in foreign currency and vPost spends. Additionally, you can earn 2% cashback on all online spends in local currency, contactless and mobile payments. You can also earn 1% cashback on all other retail spends.
How does one maximise cashback with the Spree Card?
To maximise your cashback with the Spree Card, it’s recommended that you use it for your online purchases. You can earn up to 3% cashback on all online spends in foreign currency and vPost spends, and 2% cashback on all online spends in local currency, contactless and mobile payments. You can also earn 1% cashback on all other retail spends.
What are the conditions one must be aware of when using the Spree Card?
To use the Spree Card, you must be at least 21 years old and have a minimum annual income of $30,000. Additionally, you must be a Singaporean citizen or permanent resident. You must also ensure that you make your payments on time to avoid any late payment fees.
Is there an annual fee associated with the Spree Card, and how can it be waived?
Yes, there is an annual fee of $192.60 for the Spree Card. However, this fee can be waived if you spend a minimum of $6,000 per year on the card.
Can the Spree Card be used for transactions abroad, and what are the charges?
Yes, the Spree Card can be used for transactions abroad. However, there is a foreign transaction fee of 3.5% of the transaction amount. This fee is charged for transactions made in a foreign currency or made outside of Singapore.
Are there any specific exclusions to note when using the Spree Card for purchases?
Yes, there are some specific exclusions to note when using the Spree Card for purchases. These include cash advances, balance transfers, and any fees or charges associated with the card. Additionally, the cashback earned on the card is subject to a cap of $60 per month.