If you’re looking for a credit card that gives you cashback on all your spending, the Standard Chartered Unlimited Cashback Card might be the perfect fit for you. This credit card allows you to earn 1.5% cashback on all your purchases, with no minimum spend and no cashback cap. This means you can earn unlimited cashback on all your transactions, whether you’re shopping for groceries, dining out, or booking a holiday.
One of the key features of the Standard Chartered Unlimited Cashback Card is its flexibility. You can use it to pay for anything you want, and you’ll still earn cashback on your spending. This makes it a great choice for people who want to earn rewards on their everyday spending without having to worry about complicated rewards schemes or spending categories.
If you’re interested in applying for the Standard Chartered Unlimited Cashback Card, you’ll need to meet certain eligibility requirements and complete an application process. Keep reading to learn more about the key features of this credit card, how to apply, and how to maximise your cashback rewards.
Key Takeaways
- The Standard Chartered Unlimited Cashback Card allows you to earn 1.5% cashback on all your spending, with no minimum spend and no cashback cap.
- This credit card is flexible and can be used to pay for anything you want, making it a great choice for people who want to earn rewards on their everyday spending.
- To apply for the Standard Chartered Unlimited Cashback Card, you’ll need to meet certain eligibility requirements and complete an application process.
Key Features of Standard Chartered Unlimited Cashback Card
If you’re looking for a credit card that rewards you for every purchase you make, the Standard Chartered Unlimited Cashback Card is worth considering. Here are some of the key features of this card:
- Unlimited Cashback: As the name suggests, the Standard Chartered Unlimited Cashback Card offers unlimited cashback on all your purchases, with no minimum spend and no cashback cap. You’ll earn 1.5% cashback on all your spending, so the more you spend, the more you’ll earn.
- Cashback Rate: With a cashback rate of 1.5%, the Standard Chartered Unlimited Cashback Card is one of the most generous cashback credit cards in Singapore. Whether you’re shopping for groceries, dining out, or booking a holiday, you’ll earn cashback on every purchase.
- Annual Fee: The Standard Chartered Unlimited Cashback Card has an annual fee of $192.60, which is waived for the first 2 years. This makes it a great choice if you’re looking for a credit card that offers great rewards without breaking the bank.
- Rewards: In addition to cashback, the Standard Chartered Unlimited Cashback Card also offers a range of rewards and benefits, including discounts on dining, shopping, and travel. You can also earn 360° Rewards Points for every $1 spent, which can be redeemed for a variety of rewards.
- Credit Card: The Standard Chartered Unlimited Cashback Card is a credit card, which means you’ll need to be approved for a credit limit before you can start using it. The credit limit you’re approved for will depend on your income and credit history.
- Standard Chartered: The Standard Chartered Unlimited Cashback Card is issued by Standard Chartered Bank, one of the largest and most reputable banks in Singapore. With a long history of providing financial services in Singapore, you can trust that your money is in good hands.
- Standard Chartered Unlimited Cashback Card: The Standard Chartered Unlimited Cashback Card is a great choice if you’re looking for a credit card that offers unlimited cashback on all your purchases, with no minimum spend and no cashback cap. With a cashback rate of 1.5%, an annual fee of $192.60 (waived for the first 2 years), and a range of rewards and benefits, it’s a great way to earn rewards on your everyday spending.
Eligibility and Application
To apply for the Standard Chartered Unlimited Cashback Credit Card, you must meet the eligibility requirements set by the bank. The eligibility criteria differ for Singapore citizens/PR and foreigners.
Eligibility Requirements
If you are a Singapore citizen or PR, you can apply for the card if you are between the ages of 21-65 with a minimum income of $30,000. On the other hand, if you are a foreigner, you can apply for the card if you are between the ages of 21-65 with a minimum income of $60,000.
Application Process
You can apply for the Standard Chartered Unlimited Cashback Credit Card via the bank’s website or mobile app. The application process is simple and straightforward. You will need to provide your personal and financial details, such as your name, NRIC/Passport number, income, and employment details. You will also need to submit supporting documents, such as your income tax statement, payslips, and proof of residence.
Once you have submitted your application, the bank will review your application and verify your details. If your application is approved, you will receive your credit card within 7-10 working days.
In conclusion, the Standard Chartered Unlimited Cashback Credit Card is an excellent choice for credit cardholders who want to earn cashback on their spends. To apply for the card, you need to meet the eligibility requirements and submit your application via the bank’s website or mobile app.
Maximising Cashback Rewards
If you’re looking for a credit card that rewards you for your everyday spending, the Standard Chartered Unlimited Cashback Credit Card is a great option. With no minimum spend and no cashback cap, you can earn 1.5% cashback on all your purchases, from online shopping to dining out and even paying your bills.
Understanding Cashback Caps
It’s important to understand the concept of cashback caps when using a credit card. A cashback cap is the maximum amount of cashback you can earn in a statement period. With the Standard Chartered Unlimited Cashback Credit Card, there is no cashback cap, which means you can earn unlimited cashback on all your purchases.
Strategic Spending for Maximum Cashback
To maximise your cashback rewards, it’s important to strategically plan your spending. Consider using your credit card for purchases that you would make anyway, such as groceries, petrol, and dining out. By doing so, you can earn cashback on your everyday expenses and increase your rewards.
Leveraging Promotions and Sign-Up Offers
Standard Chartered frequently offers promotions and sign-up offers for their credit cards. By taking advantage of these offers, you can earn bonus cashback or other rewards. For example, new cardholders can receive $138 cashback when they apply online for the Standard Chartered Unlimited Cashback Credit Card.
Overall, the Standard Chartered Unlimited Cashback Credit Card is a great option for those looking to earn cashback rewards on their everyday spending. By understanding cashback caps, strategically planning your spending, and leveraging promotions and sign-up offers, you can maximise your rewards and get the most out of your credit card.
Additional Perks and Benefits
The Standard Chartered Unlimited Cashback Credit Card offers a range of additional perks and benefits to enhance your overall experience:
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Exclusive Discounts: Enjoy exclusive discounts and privileges at selected merchants when you use your Standard Chartered Unlimited Cashback Credit Card. Save money on dining, shopping, travel, and more.
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Travel Insurance: When you purchase your airfare with your Standard Chartered Unlimited Cashback Credit Card, you can enjoy complimentary travel insurance coverage for you and your family. This coverage includes travel inconvenience, accidental death, and medical expenses.
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Access to Airport Lounges: You can enjoy access to over 1,000 airport lounges worldwide with your Standard Chartered Unlimited Cashback Credit Card. Relax in comfort before your flight and enjoy complimentary refreshments and Wi-Fi.
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Recurring Payments: Set up recurring payments with your Standard Chartered Unlimited Cashback Credit Card to enjoy hassle-free payments for your bills and subscriptions. This feature is convenient and saves you time.
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Convenient Payment Options: You can make payments with your Standard Chartered Unlimited Cashback Credit Card through various payment methods, including Mastercard, Visa, Apple Pay, and Samsung Pay. This gives you the flexibility to choose the payment method that suits you best.
Overall, the Standard Chartered Unlimited Cashback Credit Card offers a range of benefits and perks that make it an excellent choice for anyone looking for a cashback credit card in Singapore. With its unlimited cashback feature and additional benefits, you can save money and enjoy a range of exclusive privileges and conveniences.
Understanding Fees and Charges
When it comes to choosing a credit card, one of the most important things to consider is the fees and charges associated with it. With the Standard Chartered Unlimited Cashback Credit Card, you can enjoy a range of benefits without having to worry about high fees.
Annual Fees
One of the best things about the Standard Chartered Unlimited Cashback Credit Card is that it comes with no annual fees. This means that you can enjoy all the benefits of the card without having to pay any extra charges.
Late Payment Charges
If you miss a credit card bill, you may be charged a late payment fee. With the Standard Chartered Unlimited Cashback Credit Card, the late payment charge is £25. However, if you make a late payment twice in six months, the fee will increase to £35.
Overlimit Fee
If you exceed your credit limit, you may be charged an overlimit fee. With the Standard Chartered Unlimited Cashback Credit Card, the overlimit fee is £12.
Interest Rate
The interest rate on the Standard Chartered Unlimited Cashback Credit Card is 26.9% APR variable. This means that if you don’t pay off your balance in full each month, you will be charged interest on your outstanding balance.
Transaction Fee
When you use your credit card to make a purchase in a foreign currency, you may be charged a transaction fee. With the Standard Chartered Unlimited Cashback Credit Card, the transaction fee is 3% of the transaction amount.
In conclusion, the Standard Chartered Unlimited Cashback Credit Card is a great option if you are looking for a credit card with no annual fees and low charges. However, it is important to make sure that you pay your credit card bill on time and in full each month to avoid any extra charges.
Comparing with Other Cashback Cards
When it comes to choosing a cashback card in Singapore, there are many options available. However, the Standard Chartered Unlimited Cashback Credit Card stands out from the rest with its unlimited cashback earning potential and no minimum spend requirement.
Let’s take a look at how the Standard Chartered Unlimited Cashback Credit Card compares to some of the other popular cashback cards in Singapore:
UOB Absolute Cashback Card
The UOB Absolute Cashback Card offers up to 1.7% cashback on all spend with no minimum spend requirement. However, the cashback is capped at $80 per month, which means you can only earn up to $960 in a year. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no cashback cap.
AMEX True Cashback Card
The AMEX True Cashback Card offers 1.5% cashback on all spend with no minimum spend requirement. However, the cashback is capped at $150 per month, which means you can only earn up to $1,800 in a year. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no cashback cap.
POSB Everyday Card
The POSB Everyday Card offers up to 6% cashback on dining, groceries, and online shopping. However, the cashback is capped at $80 per month, which means you can only earn up to $960 in a year. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no cashback cap.
Citi Cash Back+ Mastercard
The Citi Cash Back+ Mastercard offers up to 1.6% cashback on all spend with no minimum spend requirement. However, the cashback is capped at $70 per month, which means you can only earn up to $840 in a year. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no cashback cap.
CIMB World Mastercard
The CIMB World Mastercard offers up to 1.5% cashback on all spend with no minimum spend requirement. However, the cashback is capped at $100 per month, which means you can only earn up to $1,200 in a year. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no cashback cap.
Maybank FC Barcelona Visa Signature Card
The Maybank FC Barcelona Visa Signature Card offers up to 1.6% cashback on all spend with no minimum spend requirement. However, the cashback is capped at $100 per month, which means you can only earn up to $1,200 in a year. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no cashback cap.
B World Mastercard
The B World Mastercard offers up to 1.5% cashback on all spend with no minimum spend requirement. However, the cashback is capped at $100 per month, which means you can only earn up to $1,200 in a year. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no cashback cap.
UOB One Card
The UOB One Card offers up to 5% cashback on all spend with a minimum spend requirement of $500. However, the cashback is tiered and you need to spend a minimum of $2,000 per month to earn the maximum cashback of $300 per quarter. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no minimum spend requirement.
Citi Cash Back Card
The Citi Cash Back Card offers up to 8% cashback on dining, groceries, and petrol with a minimum spend requirement of $888 per month. However, the cashback is capped at $25 per category per month, which means you can only earn up to $600 in a year. In comparison, with the Standard Chartered Unlimited Cashback Credit Card, you can earn 1.5% cashback on all spend with no cashback cap.
Standard Chartered Simply Cash Credit Card
The Standard Chartered Simply Cash Credit Card offers up to 1.5% cashback on all spend with no minimum spend requirement. However, the cashback is capped at $800 per year. In comparison, with the Standard Chartered Unlimited Cashback
Frequently Asked Questions
What fabulous perks come with the Standard Chartered Unlimited Cashback Card?
The Standard Chartered Unlimited Cashback Card is packed with amazing perks to help you maximise your savings. You can earn 1.5% cashback on all your eligible retail spends with no minimum spend and no cashback cap. Plus, you can enjoy a host of exclusive privileges and discounts at over 3,000 merchants worldwide.
How can you exhilaratingly redeem cashback on your Standard Chartered credit card?
Redeeming your cashback is easy and hassle-free with the Standard Chartered Unlimited Cashback Card. Simply log in to your online banking account or mobile app and redeem your cashback instantly. You can choose to have your cashback credited to your credit card account or redeem it for vouchers or merchandise from our partner merchants.
Are there any exclusions to be aware of for cashback on the Unlimited Cashback Card?
While the Standard Chartered Unlimited Cashback Card offers cashback on all eligible retail spends, there are a few exclusions to be aware of. Cash advances, balance transfers, and fees and charges are not eligible for cashback. Additionally, transactions made at merchants that do not accept Mastercard or are not classified as retail transactions will not be eligible for cashback.
Could you tell me about the annual fee waiver for the Unlimited Cashback Card?
We understand that annual fees can be a burden, which is why we offer an annual fee waiver for the first two years for new customers who apply for the Standard Chartered Unlimited Cashback Card. After the first two years, you can continue to enjoy an annual fee waiver by spending a minimum of $6,000 per year on your card.
How does the cashback mechanism work on the Standard Chartered Unlimited Card?
The cashback mechanism on the Standard Chartered Unlimited Cashback Card is straightforward. You earn 1.5% cashback on all eligible retail spends, which is automatically credited to your credit card account. There is no minimum spend required, and the cashback is uncapped, so you can earn as much as you spend.
What exciting promotions are currently available with the Standard Chartered cashback card?
At Standard Chartered, we are always looking for ways to help you save more. That’s why we offer a range of exciting promotions and discounts exclusively for our credit card members. From dining deals to travel discounts, there’s something for everyone. Check out our website or mobile app for the latest promotions and offers.