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DigiSmart Credit Card by Standard Chartered Bank

by Kshitiz V Sharma on

Note: Standard Chartered Bank has stopped accepting new applications for the DigiSmart Credit Card w.e.f. 15 Dec 2022. 


The Bottom Line

Digi Smart Credit Card
High Discounts but Low Caps & Monthly Fee

10% discount on Zomato, 15% on Ola, 10-25% on Yatra.com and 20% on Myntra with monthly caps of ₹600-750.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield 1.3% 1.6% 1.7% 1.8% 1.8%
Est. Monthly Reward (₹) 65 160 335 880 1,810
All-India Rewards Rank* 14 20 22 33 33
Within Bank Rank* 1 1 1 2 2
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

The DigiSmart Credit Card offers 10% discount on Zomato, 15% on Ola, 10-25% on Yatra.com and 20% on Myntra with monthly caps of ₹600-750.

This card has a monthly fee of ₹49, which is waived if you spend ₹5,000 in a month on the card.

You can earn a net reward yield of 1.3-1.7% with this card on monthly spends up to ₹50,000. That makes the DigiSmart the best low fee, entry level card from Standard Chartered.

The Ultimate Credit Card is the best credit card in India by Standard Chartered Bank for most people but has a high annual fee. It offers a net reward yield of 2.3-3.0% on all your spend.

The Ultimate Card gives effective rewards of 3.33% (before annual fee) on all your domestic spend with no monthly limits. This makes it one of the most attractive credit cards in India by any bank.

It also offers an effective foreign exchange mark up of 2% on your overseas spend, which is lower than the average credit card.

However, it has a high and non-waivable annual fee of ₹5,000. You do get reward points worth ₹5,000 every year when you pay the annual fee. Adding the value of these points, the card actually offers a net reward yield of 3%+, which makes it worth paying the fee.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.


The Rewards

Card DigiSmart Credit Card
Card Type Cashback
Cashback Features – 10% discount on Zomato

– 15% discount on Ola

– 10-25% discount on Yatra.com

– 20% discount on Myntra

Milestone Rewards Nil
Other Rewards – Buy 1 Get 1 on Movie tickets at INOX
Rewards Redemption Fee Nil
Cashback Caps – ₹750 / mth on Zomato
– ₹600 / mth on Ola
– ₹750-10K on Yatra.com
– ₹700 on Myntra
Preferred Redemption Method Discounts on selected sites & cashback against statement balance


Fees & Charges

Card DigiSmart Credit Card
Joining Fee Nil
Annual Fee ₹49 + Taxes / mth.
Min. Annual Credit Card Spend
for Fee Waiver
₹5,000 p.m.
Income Criteria Salaried ₹6 Lacs p.a.
Self-employed N/A
Supplementary Card Fee Free
Interest Rate 23.88%
Foreign Currency Markup 3.5%
Cash Advance Charge 3.00% with a minimum of ₹300

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