If you’re looking for a cashback credit card in Singapore, Standard Chartered Unlimited and Spree are two of the most popular options available. Both cards offer cashback rewards for different types of spending, making them attractive choices for those who want to earn money back on their purchases.
The Standard Chartered Unlimited card offers a flat cashback rate of 1.5% on all spending, with no minimum spend required. On the other hand, the Spree card offers 3% cashback on all online spending in foreign currency and all vPost spend, 2% cashback for online local transactions, contactless and mobile payments, and 1% on general spend.
When comparing the two cards, it’s important to consider your spending habits and which card offers the best rewards for you. While the Standard Chartered Unlimited card offers a consistent cashback rate on all spending, the Spree card offers higher cashback rates for specific types of spending. Additionally, both cards come with their own set of terms and conditions, so it’s important to read the fine print before making a decision.
Key Takeaways
- Standard Chartered Unlimited and Spree are two popular cashback credit cards in Singapore.
- The Standard Chartered Unlimited card offers a flat cashback rate of 1.5%, while the Spree card offers higher cashback rates for specific types of spending.
- When comparing the two cards, consider your spending habits and read the fine print to make an informed decision.
Overview of Standard Chartered Credit Cards
If you’re looking for a credit card that offers cashback rewards, you might want to consider Standard Chartered Bank’s credit cards. Standard Chartered Bank offers two popular cashback cards, the Unlimited Cashback Card and the Spree Card, both of which are designed to reward you for your spending.
Unlimited Cashback Card Features
The Unlimited Cashback Card from Standard Chartered Bank offers unlimited cashback on all your spending, with no minimum spend required. This means that you can earn cashback on everything you buy, whether it’s groceries, petrol, or dining out. Additionally, this card has no annual fee, which makes it an attractive option for those who don’t want to pay for a credit card.
Spree Card Benefits
The Spree Card from Standard Chartered Bank is designed for those who love to shop online and make contactless payments. This card offers cashback rewards of up to 3% on all online transactions and contactless payments, which can add up quickly if you’re a frequent online shopper. Additionally, this card has no annual fee, which makes it an attractive option for those who don’t want to pay for a credit card.
Both the Unlimited Cashback Card and the Spree Card offer great benefits and rewards, so it’s important to choose the one that best suits your spending habits. If you’re looking for a card that offers unlimited cashback on all your spending, the Unlimited Cashback Card might be the right choice for you. If you’re a frequent online shopper and want to earn cashback on your online transactions, the Spree Card might be the better option.
In conclusion, Standard Chartered Bank’s credit cards are an excellent choice for those who want to earn cashback rewards on their spending. With no annual fee and great rewards, these cashback cards are definitely worth considering if you’re in the market for a new credit card.
Comparing Cashback and Perks
When it comes to choosing between Standard Chartered Unlimited and Spree credit cards, you’ll want to consider the cashback rates and perks that each card offers. Here’s a breakdown of the cashback rates and perks you can expect from each card.
Cashback Rates and Limits
Both Standard Chartered Unlimited and Spree cards are cashback credit cards, but they differ in terms of the cashback rates and limits. With the Standard Chartered Unlimited credit card, you can earn unlimited cashback on all your spending, with no minimum spend required. The cashback rate is 1.5% for all spending categories, except for online and mobile payments, which earn a higher rate of 3%.
On the other hand, the Spree card has a cashback rate of up to 3% for online and mobile payments, 2% for local dining and entertainment, and 1% for all other spending categories. However, the cashback you earn from Spree is capped at $60 per month, so if you spend more than $3,000 per month, you won’t earn any additional cashback.
Rewards and Exclusive Deals
Both Standard Chartered Unlimited and Spree credit cards come with a range of rewards and exclusive deals. With the Standard Chartered Unlimited credit card, you can enjoy exclusive dining and lifestyle privileges with The Good Life programme. This includes discounts on dining, shopping, travel, and entertainment at over 3,000 merchants worldwide.
The Spree credit card also comes with a range of exclusive deals and discounts, including 10% off selected SingPost services and purchases, and 25% off shipping fees for standard air shipments to Singapore with vPost. Additionally, you can enjoy up to 50% off dining and entertainment with Spree’s Dining Privileges programme.
Overall, both Standard Chartered Unlimited and Spree credit cards offer great cashback rates and exclusive deals. It ultimately comes down to your spending habits and preferences. If you’re looking for unlimited cashback with no minimum spend required, the Standard Chartered Unlimited credit card may be the better option for you. However, if you’re a big spender on online and mobile payments, the Spree credit card may be the way to go, as long as you don’t exceed the monthly cashback cap.
Eligibility and Application Process
If you are interested in applying for the Standard Chartered Unlimited or Spree credit cards, there are a few eligibility criteria you must meet. Here’s what you need to know:
Qualifying for the Cards
To be eligible for the Standard Chartered Unlimited or Spree credit cards, you must be between the ages of 21 and 65 years old. Additionally, you must have a minimum annual income of $30,000. If you are an existing Standard Chartered credit cardholder, you do not need to provide any documents during the application process. However, if there has been a recent change to your income, you may need to submit updated documents for review.
Digital Application via MyInfo
Applying for the Standard Chartered Unlimited or Spree credit cards is now easier than ever thanks to MyInfo. MyInfo is a digital service that allows you to automatically fill out your application form with your personal information. This means you no longer have to manually enter your details, saving you time and hassle.
To apply for the Standard Chartered Unlimited or Spree credit cards using MyInfo, simply log in to your SingPass account and select the “Apply for Credit Card” option. You will then be prompted to provide your consent for Standard Chartered to retrieve your personal information from MyInfo. Once you have provided your consent, your application form will be automatically filled out with your personal details.
In conclusion, if you meet the eligibility criteria and want to apply for the Standard Chartered Unlimited or Spree credit cards, the process is simple and straightforward. With the help of MyInfo, you can even apply for an instant digital credit card.
Understanding Terms and Usage
When it comes to using credit cards, it’s important to understand the terms and usage to make the most of your card. Here are some tips on how to maximize your Standard Chartered Unlimited or Spree credit card.
Making the Most of No Minimum Spending
One of the great features of the Standard Chartered Unlimited and Spree cards is that there is no minimum spending required to earn cashback. This means that you can earn cashback on every purchase, no matter how small.
To make the most of this feature, consider using your credit card for all your purchases, even if they are small. This way, you can earn cashback on every transaction and accumulate more rewards over time.
Navigating Foreign Currency Transactions
If you frequently make purchases in foreign currencies, it’s important to understand how foreign currency transactions work with your credit card. Both the Standard Chartered Unlimited and Spree cards offer competitive foreign currency exchange rates, which can save you money when making purchases overseas.
To avoid any confusion or unexpected fees, be sure to review the terms of use for your credit card before making any foreign currency transactions. You can also check the Standard Chartered website for more information on foreign currency transactions and exchange rates.
Overall, understanding the terms and usage of your Standard Chartered Unlimited or Spree credit card can help you make the most of your rewards and benefits. By taking advantage of features like no minimum spending and competitive foreign currency exchange rates, you can earn more cashback and save money on your purchases.
Lifestyle Integration and Payment Flexibility
When it comes to lifestyle integration and payment flexibility, both the Standard Chartered Unlimited and Spree credit cards offer a range of features that cater to your needs. Here are some key features to consider:
Ease of Contactless Payments
Both the Standard Chartered Unlimited and Spree credit cards come with contactless payment options that allow for easy and convenient transactions. With the rise of payment services such as SimplyGo and EZ-Link, contactless payments have become increasingly popular in Singapore. The Standard Chartered Unlimited card, in particular, offers an excellent option for contactless payments with its Easypay feature. This feature allows you to make payments of up to $200 without the need for a PIN or signature.
Managing Expenses with Instalment Plans
If you’re looking to manage your expenses more effectively, both cards offer instalment plans that allow you to spread out your payments over a period of time. The Standard Chartered Unlimited card offers a range of instalment options, including 0% interest instalment plans for up to 36 months. The Spree card also offers instalment plans, but with a lower interest rate of 7.5% per annum.
In addition to these features, both cards also offer a range of benefits and rewards that cater to different lifestyles and spending habits. For example, the Standard Chartered Unlimited card offers unlimited cashback on all spend, while the Spree card offers 3% cashback on online transactions, as well as 2% cashback on local dining and entertainment spend.
Overall, both the Standard Chartered Unlimited and Spree credit cards offer a range of features that cater to different lifestyles and spending habits. Whether you’re looking for contactless payment options, instalment plans, or rewards and benefits, both cards have something to offer.
Frequently Asked Questions
What exclusive perks can one enjoy with the Standard Chartered Spree Card?
The Standard Chartered Spree Card offers exclusive perks such as cashback on eligible transactions made on popular online shopping sites such as Amazon, Lazada, and Qoo10. Additionally, cardholders can enjoy exclusive deals and discounts on dining, retail, and travel.
How does the cashback system work with the Spree Credit Card?
The Spree Credit Card offers cashback of up to 3% on eligible transactions made on popular online shopping sites such as Amazon, Lazada, and Qoo10. Cardholders can also earn cashback of up to 1% on other eligible transactions. The cashback earned is automatically credited to the cardholder’s account.
Are there any overseas transaction fees associated with the Spree Card?
Yes, there is a 3.5% fee charged on all overseas transactions made using the Spree Card. This fee is applicable on the converted transaction amount.
What are the latest cashback rates for the Standard Chartered Spree Card?
The Spree Card offers cashback of up to 3% on eligible transactions made on popular online shopping sites such as Amazon, Lazada, and Qoo10. Cardholders can also earn cashback of up to 1% on other eligible transactions.
How do the benefits of the Standard Chartered Unlimited Card compare to the Spree Card?
The Standard Chartered Unlimited Card offers unlimited cashback of 1.5% on all eligible transactions, with no minimum spend or cashback cap. In comparison, the Spree Card offers cashback of up to 3% on eligible transactions made on popular online shopping sites such as Amazon, Lazada, and Qoo10, and up to 1% on other eligible transactions.
Can you highlight any major exclusions or terms to be aware of for the Spree Card?
Cardholders should be aware that cashback is not applicable on certain transactions such as cash advances, balance transfers, and any fees and charges. Additionally, the cashback earned is subject to a monthly cap of $60.