Standard Chartered Simply Cash Visa Card

Last Updated:Oct 2020
$96,000
Min. Annual Income
Offers
Benefits
Eligibility
APR/Fees

Offers

Exclusive Offer

from MoneyHero

OPTION 1

HK$500 supermarket cash coupon

From now till 31 October 2020, new cardholders of Standard Chartered Credit Card who successfully apply for Standard Chartered Simply Cash Visa Card via MoneyHero can enjoy HK$500 supermarket coupon.

Welcome Offers from Standard Chartered

OPTION 1

HK$1,000 CashBack

  • The welcome offer is only applicable to New Cardholders who submit the Standard Chartered Simply Cash Visa Card application through online channel during the period from 6 October 2020 to 11 January 2021 (both dates inclusive) and fulfill relevant requirements. New Cardholders are applicants who do not currently hold and have not cancelled any principal card of Standard Chartered Credit Card or MANHATTAN Credit Card issued by Standard Chartered Bank (Hong Kong) Limited in the past 6 months from the date of approval of their current application for a principal card of Standard Chartered Credit Cards
  • CashBack rewarded under this welcome offer includes the CashBack earned from the prevailing Standard Chartered Simply Cash Rewards Scheme
  • New Cardholders must successfully apply for, and being issued with, the principal card of Standard Chartered Simply Cash Visa Card by Standard Chartered Bank (Hong Kong) Limited on or before 30 April 2021 in order to be eligible for this welcome offer
  • Eligible transactions are local and overseas retails transactions, online purchase or posted amount of instalment purchase made within the first 2 months from the date of issuance of the newly approved Standard Chartered Simply Cash Visa Card
  • Terms and conditions apply to the welcome offer, please refer to Standard Chartered Bank (Hong Kong) Limited website for details

New customers enjoy up to HK$400 cash rebate through application for Statement Instalment Plan

Please turn off AdBlocker and private mode to redeem exclusive reward

New customers enjoy up to HK$400 cash rebate through application for Statement Instalment Plan

Please turn off AdBlocker and private mode to redeem exclusive reward

Annual Fee Waiver
Annual Fee Waiver
Digital Wallet Rebate
Digital Wallet Rebate
Utilities Wallet Rebate
Utilities Wallet Rebate
Octopus Reload Rebate
Octopus Reload Rebate
Annual Fee Waiver
Annual Fee Waiver
Digital Wallet Rebate
Digital Wallet Rebate
Utilities Wallet Rebate
Utilities Wallet Rebate
Octopus Reload Rebate
Octopus Reload Rebate

Great for

Welcome Offer
Requirements CashBack
Welcome Offer
New Cardholders who submit the Standard Chartered Simply Cash Credit Card application through online channel with HK$4,000 spending on eligible transactions within the first 2 months from the date of card issuance
HK$1,000 CashBack

Top-up Offer
New Cardholders who receive the newly approved Standard Chartered Simply Cash Credit Card and sign up for Online Banking and complete the first login within the first 2 months from the date of card issuance

  • You only need your Phone Banking Card Number (the 16-digit of the Credit Card Number), TIN and mobile phone to sign up for Online Banking.
  • If you forget your Username or Password after registration, you may reset with your Simply Cash Visa Card card number and TIN again.
  • The top-up offer is only applicable to New Cardholders who have never signed up for Online Banking with Standard Chartered on or before 5 October 2020.
Extra HK$100 CashBack
MoneyHero Exclusive Offer
New Cardholders of Standard Chartered Credit Card who successfully apply for the card via MoneyHero
HK$500 supermarket cash coupon
  Up to HK$1,600 rewards
Unlimited CashBack all year-round
  • 1.5% CashBack for eligible spending in local currency
  • 2% CashBack for eligible spending in foreign currencies
Instalment Credit Program to get cash from card in 30 seconds. Enjoy up to HK$5,100 cash rebate and application fee waiver through online application.
  • Get cash from card in 30 seconds with instant approval and instant cash transfer to your account via FPS.
  • Income proof waiver. Convert your credit card limit into instant cash.
  • Monthly handling fee as low as 0.15%; Loan amount up to 18X salary or HK$1,200,000 (whichever is lower); Loan tenor up to 60 months
  • Go to Standard Chartered website to learn more and apply for the Instalment Credit Program.
Split your credit card bills in easy payments by instalment with Statement Instalment Plan. New customers enjoy HK$400 cash rebate.
  • Simple steps to apply online in 5 minutes.
  • Settle whole or partial retails purchase amounts by instalment with minimum spending HK$1,500.
  • Personalized monthly handling fee as low as 0.15%; Flexible repayment period of 6/12/18/24 months.
  • Go to Standard Chartered website to learn more details and apply for the Statement Instalment Plan.
Priority Banking/Premium Banking/Payroll Account clients can enjoy perpetual annual fee waiver for the principal card

Need to know

New Cardholders are applicants who do not currently hold and have not cancelled any principal card of Standard Chartered Credit Card or MANHATTAN Credit Card issued by Standard Chartered Bank (Hong Kong) Limited in the past 6 months from the date of approval of their current applications for a principal card of the Standard Chartered Credit Cards.
How to Redeem MoneyHero Exclusive Offer
To redeem a MoneyHero exclusive offer, please send your (1) full name, (2) application date, (3) screen capture of reference number and (4) screen capture of approval SMS or Email notification to support@moneyhero.com.hk and complete the redemption form sent via email for verification and follow-up.
Terms and conditions apply

Benefits

Year-round rewards

Cash rebate
Air miles rewards
Cash rebate
Local Spending
1.5%
Overseas Spending
2%
Online Shopping Spending (Overseas)
1.5%
Online Shopping Spending (Local)
1.5%
Dining Spending
1.5%
Octopus Top Up Spending
1.5%

Eligibility

APR/Fees

Isn't the best product for you?

Compare more credit cards on MoneyHero

Need some help?
No worries, we've got you covered!
How to find the right financial products for you?

MoneyHero has partnered with the most trusted banks and financial institutions in Hong Kong to help you find the right financial products for you. Through our comparison engine, you can compare credit cards, personal loans, mortgages, medical insurance, travel insurance, HK stock accounts, US stock accounts, payroll accounts and other financial products. We provide accurate, up-to-date information and an unbiased overview of financial products in Hong Kong so that you can make the best choice, saving your time and money.

How do I qualify for a credit card account?

Most Hong Kong credit card providers require applicants to be of legal age and a permanent resident/citizen of Hong Kong.

You would also need to have stable employment and meet minimum salary requirements, which vary according to the type of credit card.

How many types of credit cards in Hong Kong? How should I choose my credit cards?

The main types of credit cards in Hong Kong are VISA and MasterCard, followed by American Express and JCB.

In order to choose the best credit card, you can consider the popularity and offers of the card types, and also the reputation of banks, class of the credit cards, etc. Many people own several credit cards to meet different needs nowadays. Also, you can consider your spending habits and choose Cash Back Credit Cards, Airmiles Credit Cards, Dining Credit Cards, Online Shopping Credit Cards, Premium Credit Cards, Corporate Credit Cards, Entry Level / Student Credit Cards, UnionPay Credit Cards, or Welcome Offers Credit Cards. You can also make use of MoneyHero comparison pages, and compare latest offers of credit cards.

Do existing customers enjoy the Welcome Offers offered by MoneyHero?

For exclusive offers from MoneyHero, current customers are unfortunately not eligible to enjoy. For welcome offer from banks or institutions, various terms and conditions apply, subject to different banks and institutions. You may refer to the following:

American Express 
Welcome offers do not apply to current customers. Their welcome offers only apply on applicants who have not held or cancelled American Express credit cards in the past 12 months.

Citibank 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled Citibank credit cards in the past 12 months.

DBS 
Current and new customers are eligible for welcome offers. New customers refer to card holders who have not held or cancelled Citibank credit cards in the past 12 months. For more details of welcome offers, please click here.

PrimeCredit 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled PrimeCredit credit cards in the past 6 months.

CITIC 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled CITIC credit cards in the past 12 months.

HSBC 
Current and new customers are eligible for welcome offers. For more details of welcome offers, please click here

BEA 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled BEA credit cards in the past 6 months.

What are the common credit card rewards?

Credit card rewards come in many forms, the two major incentives are air miles and cash back. Many card issuers have different credit card rewards programs, cardholders can earn reward points for their spending and redeem the points for cash backair milesgift vouchers or free gifts.

Certain banks promote cash back rewards which their credit cards can earn, cardholders can enjoy 1-4% cash rebate for eligible local / overseas spending or shopping online.

If you travel and use your credit card to book flights and hotels frequently, you can earn more air miles using air mile credit cards. You may redeem miles for award flights, hotel stays and other travel offers.

In addition to daily spending, you may also earn rewards by using the Octopus Automatic Add-value Service and paying utilities, tax, tuition and insurance bills with your credit card and redeem reward points, cash back and air miles.

How long does it take to process my credit card application?

Banks in Hong Kong such as HSBC, Hang Seng Bank and Standard Chartered Bank issue different types of credit cards with generous rewards and their eligibility requirements are also different. Hence, the processing time varies depending on the card issuer, but as soon as your application has been approved, it normally takes 7 to 10 working days until you receive your card. Make sure that you submit all the relevant documents so that your application can be processed as quickly as possible.

Can I apply for a credit card if I am self-employed or unemployed?

The requirements to get different credit cards may vary and some may even have a minimum income requirement. Of course, applicants with a proper job or have income proof are more likely to be successful with their application, but it does not mean that a self-employed or unemployed person will not able to apply for a credit card.

What are the fees and charges applicable on credit cards?

The annual fee, which is generally charged HK$200-HK$6,000, depends on the bank and the type of credit card. One- to three-year annual fee waiver is usually offered to attract users, and cardholders get their fee waived if they can meet the minimum spending. Some card issuers even advertise credit cards with no annual fee, so please be sure to check the terms before applying. You can request annual fee waiver by calling the card issuer's hotline. Furthermore, many banks charge an early termination fee of more than HK$100; other common fees and charges include replacement fee, late charge, over-limit fee, cash advance fee and foreign transaction fee. In addition to credit card welcome offers, you should also check with your provider to see the fees and charges of your credit card.

How does a bank determine my credit limit?

Banks look at your credit score and income to determine the maximum credit amount they would extend to you. If your application is approved, the credit limit a bank gives you may be lower or higher than what you indicated in your application. If your credit score is satisfactory, banks may give you the maximum credit limit. If you think your limit is too high, you can talk to your provider and ask them to reduce it. Know more about credit score by reading our credit card application guide.

How to pay my credit card bills?

There are many ways to pay credit card bills, the easiest way is to apply for the bank?s autopay service, which will automatically deduct the monthly payment from the bank account on the due date, so that you won't overlook the payment. Other methods that cardholders can choose to pay the bills include PPS, ATM, e-banking, cheque or convenience stores.

Can I make only the minimum payment on my credit card?

Making only the minimum payment is not the best way to pay the bills! If you just make the minimum payment on the credit card, the bank would charge you compound interest, which means you might owe more and more money and carry long-term debt. Cardholders are recommended to assess their repayment ability before using their credit cards, and pay off all outstanding debt as soon as possible.

How many credit cards should I own?

In the past, most people think we should not own too many credit cards, as it might lead to over-consumption or missing payment. With the development of modern society and more credit card offers, many of us own several credit cards for various purposes, such as one for overseas spending, one for earning Asia Miles, and the other one for monthly instalments.

Please note that if you always pay your credit card bill after the due date while owning many credit cards, your credit score could drop, which is likely to affect your credit card, mortgage and loan application.

How to prevent credit card fraud?

To protect yourself from credit card fraud, you should keep your credit card and personal information (including credit card numbers and security code) safe and never disclose your passwords or personal information to anyone. You should also keep record of all credit card transactions and check bank statements regularly. Report any suspicious transactions to your financial institution or bank immediately to avoid financial loss.

MoneyHero.com.hk

© 2013 - 2020 MoneyHero Global Limited (registered in Hong Kong under company number 1864714) (“MHGL”). All rights reserved. MoneyHero Insurance Brokers Limited (registered in Hong Kong under company number 2196683) (“MHIBL”) is a wholly owned subsidiary of MHGL. MHIBL is an authorized insurance broker with Insurance Authority License Number FB1740 whose business it is to arrange insurance products and services for its clients. MHGL is not an insurance company, agent or broker. Other than the provision of marketing services to virtual insurance companies that do not work with insurance intermediaries, MHGL does not carry on an insurance business and all insurance-related activities displayed, offered or referred to on this site are carried out solely by MHIBL in its capacity as an insurance broker. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy.

1.28.0-08df95335