[ad_1]
For those who’re in search of a superb entry-level cashback bank card with Normal Chartered Financial institution, then Normal Chartered Good Credit score Card is the one to contemplate. Whereas it’s not the very best cashback bank card round, it’s nonetheless good for accessing Normal Chartered bank card presents and for different oblique advantages related to the cardboard.
Right here’s every little thing you'll want to know concerning the Normal Chartered Good Credit score Card,
Overview
| Kind | Entry-level Credit score Card |
| Reward Price | Upto 2% as Cashback |
| Annual Charge | |
| Greatest for | On-line Spends |
| USP | Low curiosity on EMI |
Whereas cashback profit appears like the first profit on the cardboard, it's also probably the greatest bank cards for individuals who take EMI on bank cards.
Charges
| Becoming a member of Charge | |
| Welcome Profit | No curiosity for first 90 days |
| Renewal Charge | 499 INR+GST |
| Renewal Profit | – |
| Renewal Charge waiver | 1,20,000 INR spend in earlier yr |
Whereas there isn't any renewal profit on the cardboard, it’s nonetheless a superb one for individuals who actually make use of the advantages that the cardboard comes with.
Becoming a member of / First Yr Charge of INR 499 + GST waived as a Particular Restricted Interval Provide (Not relevant for present SCB bank card holders)
Rewards
| SPEND TYPE | Cashback | Max. Cap / txn / month | Spend Equal |
|---|---|---|---|
| On-line | 2% | 1000 INR | 50,000 INR |
| Offline | 1% | 500 INR | 50,000 INR |
- No cashback on gasoline spends
- Min. Cashback for first-time cashback redemption: 1000 INR
- Min. Cashback for subsequent cashback redemption: 500 INR
- All Capping are per CALENDAR month.
Whereas the utmost cap on cashback is certainly low, it’s nonetheless ok for an entry-level section. Furthermore, you may get cashback even on pockets spends.
Cashback will be redeemed through Reward 360 portal. Being a cashback card, there isn't any reward redemption charge in the meanwhile.
Advantages
Curiosity Free for 90 days
SC Good bank card comes with a brand new and noteworthy welcome profit that enables one to maintain spending with out paying the invoice for first 90 days.
Nevertheless, be aware that You’re anticipated to pay the minimal quantity due each month, which is just 5% of the invoice anyway.
EMI @ 0.99%
- Curiosity: 0.99% p.m.
- Tenure: 3 months
- Processing charge: Nil
For those who acquired used carried away by the above no-interest welcome profit and began spending past your means, fear not, as now you possibly can convert them into EMI at lowest doable fee within the trade and that too with none processing charge.
Gateway to SC Final
As you may know, getting Normal Chartered Final Credit score Card isn’t simple for many as a result of SC doesn’t situation their solely tremendous premium bank card simply for everybody.
That stated, getting Normal Chartered Good Credit score Card is the best solution to get SC Final Credit score Card.
It really works like this: Get Normal Chartered Good bank card with the next restrict (>4L), Improve to Final Credit score Card simply in few clicks.
Apply?
You possibly can apply online on Normal Chartered Financial institution web site. It takes about 2-3 weeks for SC to course of the appliance and ship the cardboard in hand.
Whereas Normal Chartered doesn’t have a strict eligibility standards for SC Good Credit score Card, it’s important to have a min. earnings of 25K INR a month to start with, simply as most bank card issuers.
Right here’s the hands-on experience with SC Smart Credit Card by Satish which could provide help to perceive extra concerning the utility course of intimately.
Bottomline
Whereas Normal Chartered Good Credit score Card won't look nice at first look, the direct and oblique advantages that comes with this first rate cashback bank card is value contemplating for these in want.
The interest-free idea and low curiosity on EMI are actually superb advantages for this section and I hope many are making use of it.
Do you maintain Normal Chartered Good Credit score Card? Be happy to share your expertise within the feedback under.
[ad_2]