Many of us opt for on online shopping while others still rely on traditional modes of offline purchases. Whatever your shopping preference, you can enjoy cashback on each spend done with the Smart Card. Get 2% flat^ cashback, up to Rs.1000 per month on each online spend and 1% flat^, up to Rs.500 per month, on each offline one. No cashback for fuel purchases. So, that aggregates to a cashback of Rs.12,000 a year for online transactions and Rs.6000 a year for offline ones culminating in a total of Rs.18,000 annually.
Here’s a look into how cashback work –
Say you splurged Rs.10,000 on Amazon’s Grand Indian shopping Festival. Another Rs.10,000 was racked up on grocery shopping, online. Netflix and other OTT subscriptions were billed at Rs.2000. You also spent Rs.5000, offline, on paying your child’s tuition fee.
Want to know how much cashback did you earn?
Online shopping – 2% of Rs. (10,000 + 10,000 + 2000) = 2% of Rs.22,000 = Rs.440
Offline shopping – 1% of Rs.5000 = Rs.50
Total cashback – Rs.490
What’s more, you can accumulate and redeem the cashback earned and then use them for your credit card bill payment^. To do so, you would have to redeem your cashback before your credit card statement is generated so that you can adjust the cashback in the current statement. The minimum redemption amount is Rs.1000 and you can redeem your cashback in multiples of Rs.500. Could you ask for more?
Wondering about the fee payable to opt for the Smart Card? Don’t. Standard Chartered’s Smart Card comes at a low joining fee and annual fee of Rs.499^. Moreover, you can get the from second year onwards, annual fee reversed if you spend Rs.1.2 lakhs or more in the previous year. Affording the Smart Card is also easy, wouldn’t you say so?
Click here to know more about the Standard Chartered Smart Card.
We understand that big ticket purchases can cause a financial dent. So, we allow you to convert your purchases into affordable EMIs and that too, with benefits. Pay an interest of only 0.99% per month if you opt for 3-month EMIs^. Moreover, there is no processing fee involved.
You can enjoy a 90-day interest free credit period for the first 90 days post issuance of credit card with payment of minimum due.
Still looking for reasons to choose Standard Chartered’s Smart Card? Well, here are a few more
- No partner-based reward system. Get cashback* across l credit card spends, wherever you use it.
- Online or offline, whatever you prefer.
- No minimum transaction value for earning cashback. Get rewarded, however much you spend
- Earn a cashback up to Rs.18,000^ in a year
- An extended credit free interest period of 90 days when you join^
- 1 cashback point equals Re.1. Redeem accumulated cashback in multiples of Rs.500, with minimum redemption amount of INR 1,000^
Isn’t the card smart?
A simple credit card but packed with benefits, Standard Chartered’s Smart Card can make your shopping fun. After all, who doesn’t like deals and offers?
So, unlock the cashback on all your purchases and get extra benefits whether you splurge or just take care of your monthly bills.