Standard Chartered DigiSmart Credit Card Review
Standard Chartered DigiSmart Credit Card
Introduction
Standard Chartered DigiSmart Credit Card is curated for online purchases with attractive offers on grocery, dining, travel & much more.
This credit card saves money and earns big on shopping. Individuals who like to make purchases through online shopping and want to get discounts on major brands can opt for this credit card.
Let’s take a look at what kind of benefits and features this card has to offer.
Highlights of Standard Chartered DigiSmart Credit Card
Highlights
- 20% discount can be availed from Myntra without any minimum expense value.
- 10% discount from Zomato without any minimum expense value.
- 20% discount on flight booking from Yatra and an additional 10% off on international flight booking.
- 10% off on grocery shopping from Grofers
- Discount on movies – plus buy one get one free offer at INOX.
Fees & Charges
| Description | Fees & Charges |
|---|---|
| Joining Fee | NIL |
| Annual Fee | NIL |
| Monthly Fee( Very Unique) | INR 49/- ( Waived off on monthly spends of INR 5000 in the next calendar month of fee levied) |
| Supplementary Card | - No Annual Fee - Monthly Fee of INR 49/- ( Waived off on monthly spends of INR 5000 in the next calendar month of fee levied) |
| Financial Charges | 3.75 % per month |
| Late Payment Fee | Zero if the pending amount is less than INR 100. INR 100 if the pending amount ranges between INR 100 – INR 500. INR 500 if the amount ranges between INR 501 – INR 5000. INR 700 if the amount ranges between INR 5001 – INR 10000. INR 800 if the amount ranges between INR 10001 – INR 25000. INR 1200 if the amount exceeds INR 25001. |
Eligibility Criteria
Benefit Details of Standard Chartered DigiSmart Credit Card
| Description | Details |
|---|---|
| Cashback on Ola cab bookings | Get a sweet 15% cashback on your Ola cab bookings with a maximum cashback of INR 600 per month. |
| Free Movie ticket at Inox | Buy One Get One (BOGO) movie ticket free at INOX on Saturdays and Sundays! Valid for 2 transactions per month with a maximum discount of INR 200 per transaction. |
| Online Groceries Offer at Grofers | Key in the promo code DIGISMART and get 10% off on Grofers with no minimum spend. This offer is valid for five transactions per month, with a monthly discount maximum of INR 1,000. |
| Myntra Fashion Offer | A cool 20% off at Myntra with no minimum spend. Valid on 1 transaction per month upto a maximum discount of INR 700. |
| Zomato Food Offers | The promo code DIGISMART will get you 10% discount on Zomato orders with no minimum spend. Valid for 5 transactions per month with a maximum discount of INR 150 per transaction. |
| Offers on Yatra.com | Get a 20% discount at Yatra on domestic flights upto INR 750 and a 10% discount* on international flights upto INR 10,000. Also get 25% discount on domestic hotel bookings upto INR 4,000. Valid for 1 transaction per quarter, per category. Apply promo code: DIGISMART. |
| No requirement of Physical Interaction | Get instant approval on your application and also complete your KYC online through a video |
Drawbacks of Standard Chartered DigiSmart Credit Card
Drawbacks
- You get ZERO benefits for using the card for non-partner merchants or for offline purchases.
- No Complimentary Airport Lounge Access.
- High Foreign Currency Markup Charges of 3.5%
Should you get this Credit Card?
This card is a must-have if you are a frequent user of any of the partner merchants – Myntra, Yatra, Ola, Zomato, Grofers, and Inox. If you do frequent offline swipes or non-partner purchases, then, this card would not suit you. You have to look somewhere else.
Pros & Cons
If we have to summarise the merits and demerits of the card in a tabular form, it can be found here:
Pros
- 20% discount can be availed from Myntra without any minimum expense value.
- 10% discount from Zomato without any minimum expense value.
- 20% discount on flight booking from Yatra and an additional 10% off on international flight booking.
- 10% off on grocery shopping from Grofers
- Discount on movies – plus buy one get one free offer at INOX.
Cons
- You get ZERO benefits for using the card for non-partner merchants or for offline purchases.
- No Complimentary Airport Lounge Access.
- High Foreign Currency Markup Charges of 3.5%
Final Words
This is a great choice for millennials who wish to do everything online – be it shopping, travel, or ordering food. It might be a good option for individuals who are looking for a basic credit card, with discounts on different brands.
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FAQ’s
What is the Joining Fee/Annual Fee of Standard Chartered DigiSmart Credit Card?
Joining Fee – NIL, Annual Fee – NIL
Is there any fee charged for the usage of Standard Chartered DigiSmart Credit Card?
Yes. A very unique approach has been taken with this card – a concept of a Monthly Fee. Rs 49 with additional taxes is being charged for using this card.
What are the major brands where you can get offers through Standard Chartered DigiSmart Credit Card?
Myntra, Zomato, Ola, Grofers, INOX and Yatra
Does Standard Chartered DigiSmart Credit Card offer the same benefits for offline transactions?
No. This card is beneficial for online transactions only.
