Standard Chartered Simply Cash Visa Card
Standard Chartered Simply Cash Visa Card
Unlimited cashback
- HK$96,000
- Min. Annual Salary
- 1.5%
- Cash back on local Currency
- N/A
- Miles Conversion (local spend)
All Details
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Simply Cash Credit Card Key Features
| Key Features | Standard Chartered Simply Cash Card | |
|---|---|---|
| Minimum Annual Salary | HK$96,000 | |
| Annual Fee | HK$2000 | |
| Cash Rebate | 1.5% |
Simply Cash Credit Card Review: Simply Cash Credit Card Pros and Cons
Simply Cash Credit Card Pros
1. Unlimited CashBack without minimum spending requirement
2. 1.5% CashBack on local currency transactions including Octopus AAVS and PayMe top-up
3. Enjoy HK$1,000 CashBack as welcome offers
4. Enjoy a wide range of Visa Signature
promotions
Simply Cash Credit Card Cons
1. The CashBack earned will be shown on the Standard Chartered 360° Rewards Redemption Platform but it will not be automatically credited to the Card account.
2. Cardholders are required to go online and redeem the points for cash or gifts.
3. The minimum threshold for CashBack redemption is HK$50 per account.
4. Insurance payment and online bill payment are not eligible for Cashback.
Standard Chartered Simply Cash Welcome Offers
| Item | Standard Chartered Simply Cash Welcome Offers Details | |
|---|---|---|
| Welcome Offers | Up to HK$1,100 CashBack | |
| Eligibility | Enjoy HK$1,000 CashBack when you spend a total of on eligible transactions within the first 2 months from the date of card issuance; New Cardholders who sign up for Online Banking for the first time and login within the first 2 months from the date of card issuance can enjoy an extra HK$100 CashBack |
Standard Chartered Simply Card CashBack Rebate Rate
| Payment Type | Simply Card Rebate Rate | |
|---|---|---|
| Payme | 1.5% | |
| Foreign Transactions | 2% | |
| Octopus AAVS | 1.5% |
Standard Chartered Simply Card Reviews: Standard Chartered Simply Card VS Other CashBack Cards
| Credit Cards | Local Spending | Foreign Spending |
|---|---|---|
| Standard Chartered Simply Card | 1.5% | 2% |
| Standard Chartered Smart Card | up to 8% | ／ |
| Citi Cash Back | 1% | 2% |
| Earn more | 2% | ／ |
How to redeem Standard Chartered Simply Cash Card CashBack?
The rebate you earned will not be credited to your account automatically. Instead, the CashBack you earned will be shown on the Standard Chartered 360° Rewards Redemption Platform when it is posted. You are required to go online and redeem the points for cash or gifts.
However, it is important to note that there is a minimum threshold of HK$50 per account for redemption.
However, it is important to note that there is a minimum threshold of HK$50 per account for redemption.
How long does the approval process take?
If you fill out all the required fields on the application form and provide all the required documents, your Simply Cash application will usually be approved within two weeks’ time.
Standard Chartered Simply Cash Card vs Standard Chartered Smart Card
Standard Chartered Simply Cash Card and Standard Chartered Smart Card are both characterized by low annual income requirement and unlimited cashback. With Standard Chartered Smart Card, you can earn up to 5% rebate on selected merchants like DON DON DONKI, 759 STORE, PARKnSHOP, Watsons, Circle K Convenience Store and more. This card is best for frequent grocery shoppers.
However, cardholders of Standard Chartered Smart Card cannot enjoy cashback when shopping at non-selected merchants. This is where Standard Chartered Simply Cash Card comes in. Enjoy 1.5% CashBack on all everyday retail shopping.
However, cardholders of Standard Chartered Smart Card cannot enjoy cashback when shopping at non-selected merchants. This is where Standard Chartered Simply Cash Card comes in. Enjoy 1.5% CashBack on all everyday retail shopping.
Standard Chartered Simply Cash Card vs Standard Chartered Cathay Mastercard
Standard Chartered Simply Cash Card and Standard Chartered Cathay Mastercard are both lower tier credit cards with low annual minimum salary thresholds. Standard Chartered Simply Cash Card is best for shoppers looking for CashBack whereas Standard Chartered Cathay Mastercard is best for frequent travellers who enjoy redeeming Asia Miles as rewards. Enjoy HK$4 = 1 Asia Mile for eligible spending on dining, online and overseas categories.
What’s more, miles will be automatically credited to your Asia Miles membership accounts without mileage conversion fee. However, cardholders of Standard Chartered Simply Cash Card are required to manually redeem the cashback online on the Standard Chartered 360° Rewards Redemption Platform.
What’s more, miles will be automatically credited to your Asia Miles membership accounts without mileage conversion fee. However, cardholders of Standard Chartered Simply Cash Card are required to manually redeem the cashback online on the Standard Chartered 360° Rewards Redemption Platform.
Standard Chartered Simply Cash Card vs EarnMORE Unionpay Card
Standard Chartered Simply Cash Card offers 1.5% CashBack on all local spend and 2% on overseas spend with no restrictions on spending category. Similarly, EarnMore offers up to 2% cash rebate for all eligible transactions including Octopus AAVS without minimum spending requirements. What’s more, it has no minimum annual salary requirement, which is suitable for students.
FAQ
Does Standard Chartered Simply Cash Card charge foreign transaction fee?
- Yes, you will be charged 1.95% foreign transaction fee on your foreign transaction.
Can I waive annual fees of Simply Cash Card?
- You can enjoy aa Simply Cash Card annual fee waiver for the first year. But only Priority Banking, Premium Banking clients meeting the relevant minimum balance requirement, or payroll account clients can enjoy perpetual annual fee waiver.
Can I apply for monthly instalments with Simply Cash Card? Are there any applicable charges?
- Yes, you can split your credit card bills in by instalment and you will be charged monthly handling fee as low as 0.15%
If I am an existing account holder of Standard Chartered, am I eligible for welcome offers?
- No, you need to be new to online banking to earn the extra HK$100 welcome offers.