Standard Chartered Bank has launched its all-in-one credit card- the DigiSmart Card. Designed to suit the needs of those who do most of the shopping online, this credit card offers multiple benefits on shopping, travel, dining, movies and grocery purchases. The card charges a monthly fee of Rs. 49 (instead of annual fee) and it is waived off on reaching monthly spending milestones. Read on to know the features and benefits of Standard Chartered Bank DigiSmart Card.
Offers on Standard Chartered Bank DigiSmart Credit Card
The following offers can be availed on SCB DigiSmart Card:
|Brand||Offer Details||Maximum Discount|
|INOX Cinemas||Get Buy One Get One offer on movie tickets at INOX. Offer valid on Saturday and Sunday only with 2 transactions per month.||Maximum discount of Rs.200 per transaction|
|Grofers||10% off with no minimum spending value. Valid for 5 transactions per month.||Rs. 1,000 per month|
|Myntra||20% off with no minimum spending limit. Valid for only 1 transaction per month.||Rs. 700 per month|
|Zomato||10% off with no minimum spending value. Valid for 5 transactions per month.|
|Rs. 150 per transaction|
|Yatra||20% off on domestic flights|
10% off on international flights
25% off on domestic hotels
|Domestic Flights- Rs. 750|
International Flights- Rs. 10,000
Domestic Hotels- Rs. 4,000
|Ola Cabs||15% cashback on Ola Cab rides.||Rs 600 per month|
The details of these offers are given below:
Offer at INOX Cinemas– Customers can enjoy BOGO offer on INOX movie tickets on Saturday and Sunday. The offer can be availed 2 times in a month with maximum discount of Rs.400.
Offer on Grofers- By using promocode DIGISMART, cardholders get 10% off on buying groceries online through Grofers. There is no minimum order value and 5 transactions can be made in a month with maximum discount of Rs. 1,000 per month.
Offer on Myntra- With DigiSmart Credit Card, users can get 20% discount when shopping on Myntra up to a maximum discount of Rs. 700. This offer is valid only once per month.
Offer on Zomato- When ordering food through Zomato, cardholders can avail 10% discount. There is no minimum spending value. One user can enjoy this offer only 5 times in a month.
Offer on Yatra- The DigiSmart Credit Card also offers discounts on travel and hotel bookings made through Yatra.com. Users will get the following offers:
- 20% discount on domestic flight bookings up to Rs. 750
- 10% discount on international flight booking up to Rs. 10,000
- 25% discount on domestic hotel booking up to Rs. 4,000
The promocode to be used is DIGISMART.
Offer on Ola Cabs- DigiSmart card users will also get 15% cashback on booking Ola Cab rides up to maximum cash back of Rs. 600 per month.
Features of Standard Chartered Bank DigiSmart Credit Card
Along with the multiple offers, this credit card also comes with several features, such as:
Contactless Payment- Standard Chartered Bank credit cards allow contactless payment of up to Rs. 2,000 at a time at NFC-enabled POS terminals. Users do not have to dip or swipe the card for such payment. Waving or tapping the card on the POS will serve the purpose.
Kuch Bhi on EMI- The bank also offers EMI facility on transactions above Rs. 5,000. This facility can be availed through internet banking or mobile banking.
Loan on Credit Card- Eligible users can also avail a loan on their DigiSmart Credit Card. Loan of up to Rs. 5 Lakh can be availed with tenure options ranging from 12 months to 60 months.
Balance Transfer- SCB cardholders can also transfer outstanding balances of other credit cards to save the high-interest charges. The payment can also be made in easy EMIs using the Balance on EMI facility.
Suggested Read: Standard Chartered DigiSmart Credit Card Review
Fees and Charges of Standard Chartered Bank DigiSmart Credit Card
The table below shows the fees and charges applicable to the DigiSmart Credit Card:
|Type of Fee/Charge||Amount/Rate|
|Monthly Fee||Rs. 49 (waived off on spending Rs. 5,000 in the previous calendar month)|
|Finance Charges||3.75% pm (45% annually)|
|Late Payment Charges||For statement balance:|
Up to Rs. 100- Nil
Rs. 101 to Rs. 500- Rs. 100
Rs. 501 to Rs. 5,000- Rs. 500
Rs. 5,001 to Rs. 15,000- Rs. 700
Rs. 15,001 to Rs. 25,000 Rs. 800
Rs. 1200 for statement balance over Rs. 25,000
Click here to check other associated fees and charges.
Pros and Cons
|15% cashback on all Ola rides||No reward points or cashback on general spendings|
|Multidimensional offers on entertainment, travel, shopping, and more||Monthly capping on discounts and cashbacks|
|Low annual fee of Rs. 49 (with annual fee waiver benefit)||–|
Should you get this card?
Standard Chartered Digismart Credit Card is best for daily commuters, especially those who prefer travelling via Ola, as it gives 15% cashback (up to Rs. 600 per month) on all rides. Besides, it is an entry-level credit card with a low monthly fee of Rs. 49. It also offers good discounts on multiple categories including entertainment, travel, shopping, and more. You can enjoy great perks and discounts for Myntra, Grofers, INOX, Zomato, and Yatra purchases.
However, there are some drawbacks which should be considered before you choose to apply for this card. You will not get airport lounge access with this credit card and, apart from the discounts with the selected brands, the cardholders don’t earn reward points or cashback in any other form. For individuals who are looking for a basic credit card, with discounts on different brands, this credit card might be a good option. Its basic monthly fee with amazing discounts makes it stand out from the credit cards by other banks. This is a great choice for millennials who wish to do everything online – be it shopping, travel or order food.
Similar Credit Cards
|Credit Cards||Annual Fee||Best Feature|
|Axis Bank ACE Credit Card||Rs. 499||5% cashback on bill payments, DTH, and mobile recharges via Google Pay|
|YES Bank Prosperity Rewards Plus Credit Card||NIL||Extra Rewards on Online, Dining & International Spends|
|ICICI Amazon Pay Credit Card||NIL||5% cashback for Amazon Prime users on using Amazon|
|SBI SimplyCLICK Credit Card||Rs. 499||10X Reward Points on online spends|
|Axis Bank NEO Credit Card||Rs. 250||10% off on online shopping, recharges and movie tickets|
Standard Chartered Bank DigiSmart Credit Card- Eligibility and Documentation
|Occupation||Available to both Salaried and Self-employed|
|Minimum Income for Salaried Applicants||Rs. 50,000 per month|
|Minimum Income for Self-employed Applicants||Rs. 50,000 per month|
|Serviceable Cities||Click here for the list of eligible cities|
The applicants will have to submit identity proof, address proof and income proof. The following documents may be accepted by the bank.
|Proof of Identity||PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI|
|Proof of Address||Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement|
|Proof of Income||Latest one or 2 salary slip (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement|
How to Apply for Standard Chartered Bank DigiSmart Credit Card?
One can apply for the DigiSmart Credit Card through Paisabazaar. Follow the steps given below:
- Click here to start the application by entering occupation, income and existing credit card details
- Select Standard Chartered Credit Cards from the filter and then select DigiSmart Card
- Check eligibility for this card by entering some more details
- If eligible, proceed with the application by providing professional, residential and other information as asked
- Submit the application
After successful online application, the applicant would get a call from Paisabazaar or from Standard Chartered Bank to decide the right time and place for document collection. Once the documents have been submitted, the bank will verify the details and, if satisfied, issue the credit card.
On what purchases do I get discount using the DigiSmart Credit Card?
You can avail discount and cashback offers on travel, shopping, dining, movies and cab booking.
What is the annual fee of DigiSmart Credit Card?
DigiSmart Credit Card does not charge an annual fee. Instead, it charges a monthly fee of Rs. 49.
Will my monthly fee get waived off?
Yes. The monthly fee is waived off if you have spent Rs. 5,000 or more in the previous calendar month.
Do I get any rewards on this credit card?
No. The DigiSmart Credit Card does not give any reward points on the purchases made.