Normal Chartered Spree Card – Credit score Playing cards Evaluation (2020)

Does strolling by your favorite shopping center set your coronary heart aflutter? Then you definitely would possibly as effectively get some cashback out of your purchasing sprees.

There are greater than sufficient bank cards providing perks for reserving flights and shopping for groceries, but it surely’s surprisingly troublesome to discover a respectable purchasing bank card.

Your search is over (perhaps). The Normal Chartered Spree Card presents cashback for retail spending, whether or not on-line or at brick and mortar retailers abroad.

It’s a helpful card to have readily available not provided that you’re a critical shopaholic, but additionally when you have a tendency to have interaction in heavy seasonal purchasing, akin to when shopping for annual Christmas presents for a big household or indulging in some Black Friday gross sales.

Normal Chartered Spree Credit score Card phrases & circumstances

Normal Chartered Spree Credit score Card
Annual charge & waiver	$192.60 (waived for first two years)
Supplementary annual charge	Free
Curiosity free interval	Free grace days when you make full fee
Annual rate of interest	26.9%
Late fee charge	$80
Minimal month-to-month fee	1% or $50 whichever is larger
International forex transaction charge	3.5%
Money advance transaction charge	6%, topic to minimal charge of $15 + finance costs at 0.082% per day
Overlimit charge	$40
Minimal earnings	$30,000 (Singaporean/PR) / $60,000 (non-Singaporean)
Card affiliation	Visa
Wi-fi fee	Visa Contactless, Apple Pay, Samsung Pay, Google Pay

How the Normal Chartered Spree Credit score Card works

In a nutshell, Normal Chartered Spree Credit score Card is a cashback bank card for use for on-line and offline purchasing.

Right here’s a rundown of its key advantages:

3% cashback on all on-line spending in overseas forex
3% cashback on all vPost spending
2% cashback on all on-line spending in native forex
2% cashback on all contactless and cellular funds
1% cashback on all different retail spending

Cashback is capped at $60 per 30 days and there’s no minimal spending requirement to qualify for cashback.

Who ought to use the Normal Chartered Spree Credit score Card?

One of many card’s greatest strengths is that it doesn’t have a minimal spending requirement, which implies you possibly can hold it readily available as a reserve bank card for spending that you simply don’t have a greater card for.

To get probably the most out of the Normal Chartered Spree Card, it is best to at all times choose to pay on your native purchasing on-line slightly than on the store itself, even when it’s not being shipped to your house (which may find yourself costing extra resulting from delivery) as it is going to earn you 2% cashback slightly than 1%. Many brick and mortar retailers now allow you to pay on-line and decide up your buy on the store at no further cost.

You also needs to go for contactless or cellular fee at any time when attainable as it is going to earn you 2% cashback slightly than 1%. Test with the cashier what contactless and cellular fee choices can be found slightly than handing over your card instantly.

Because of the lack of a minimal spending requirement, the Normal Chartered Spree card can also be a very good supplementary card to dole out to relations to make use of as a backup purchasing card. You rise up to 5 annual fee-free supplementary playing cards, so it is going to value you nothing.

There are just a few different cashback bank cards with no minimal spending necessities, together with the Citi Money Again+ Mastercard, Maybank FC Barcelona Signature Card, Normal Chartered Limitless Cashback Card and Amex True Cashback Card.

The primary two playing cards provide a flat cashback charge of 1.6%, whereas the latter two provide 1.5%. Whereas these cashback charges pale compared to Stanchart Spree’s on-line charges, they’re doled out for all spending and never simply retail.

In the event you’re somebody who retailers typically and does the majority of your purchasing on-line, you could possibly doubtlessly squeeze out extra cashback by utilizing Normal Chartered Spree slightly than one of many abovementioned playing cards.

Citi Rewards Card – Get 10x rewards (equal to 4 miles) whenever you make on-line and purchasing purchases, take Seize and Gojek rides or use on-line meals supply. Earn 1x reward on all different retail spend. In brief, you take pleasure in a lovely earn charge on a wider vary of spending classes than Stanchart Spree presents, together with on-line and offline purchasing. The largest distinction is that coping with factors is much more bother than simply passively receiving cashback each month. Learn our assessment right here.

DBS Lady’s World Card – 10x factors (equal to twenty miles) on on-line purchases, 3x factors (equal to six miles) on abroad purchases and 1x level (equal to 2 miles) on different purchases. This card’s earn charge for on-line and abroad purchases is phenomenal.

However you want an earnings of at the least $80,000 every year to qualify (on the brilliant aspect, you don’t truly must be a lady to use). And naturally, factors are at all times extra trouble than cashback. In the event you qualify for the cardboard and don’t thoughts coping with rewards factors, that is extra worthwhile for on-line and abroad purchases than Stanchart Spree. Learn our assessment right here.

Do you may have an opinion on the Normal Chartered Spree Card? Tell us within the feedback!