Standard Chartered Manhattan $500 Card Review: How to Evaluate Card

Standard Chartered MANHATTAN $500 Card
Standard Chartered MANHATTAN $500 Card

Standard Chartered Manhattan $500 Card Review: How to Evaluate Card

Straightforward Cashback for Low Income Working Adults

Good for

  • Low-income young adults earning less than S$30,000/year
  • People looking for a straightforward cashback card

Bad for

  • Students & NSFs looking to maximise cashback rewards
  • Consumers seeking cards with extra benefits & rebates
  • People who want to avoid card fees altogether

Analyst's Rating


Standard Chartered Manhattan S$500 Card is one of the few on the market available to salaried employees earning less than S$30,000/year (the alternative being CIMB AWSM Card). As with similar cards, students without income are eligible. However, working adults earning at least S$18,000/year are also eligible. Cardholders earn 0.25% flat cashback on most spend, and while there’s a S$32.1 fee, it’s waived the first year.

Standard Chartered Manhattan S$500 Card Features and Benefits:

S$32.10, Waived for 1 year
  • Students: No minimum income required
  • Working Adults: S$18,000 minimum income
  • Age: 18 to 32 years old
  • 0.25% cashback on general spend
  • Exclusions include spend on recurring bills
  • No minimum spend requirement
  • No cap on earnings
  • S$500 credit limit

What Makes Standard Chartered Manhattan S$500 Card Stand Out

Most credit cards require consumers to earn S$30,000+/year salary, currently be a tertiary student, or be an NSF in order to qualify. Standard Chartered Manhattan S$500 Card stands out because working adults ages 18 to 32 are eligible if they earn just S$18,000/year. Current students are also eligible, with no income requirement. All cardholders earn 0.25% cashback on general spend, making the card easy-to-use.

Even though SC Manhattan S$500 Card is great for low income working adults, it does have one of the lowest rewards rates on the market. In fact, young employees can earn 4x as much cashback (1% vs. 0.25%) with CIMB AWSM Card.This 1% rate applies only to dining, entertainment, online shopping and telco however, while SC Manhattan S$500 Card’s 0.25% is flat across all spend.

Spend on Dining, Entertainment, Online Shopping & Telco

CIMB AWSM CardS$3001%S$3.00
SC Manhattan S$500S$3000.25%S$0.75

SC Manhattan S$500 Card also has a S$32.1 annual fee, waived 1 year. Alternative student and low-income cards are no-fee. However, young adults looking for a first credit card can avoid keeping track of categories and earn simple, straightforward cashback with SC Manhattan S$500 Card.

How Does Standard Chartered Manhattan S$500 Card’s Rewards Program Work?

Use our quick and easy-to-read guide below to learn how you you can redeem card rewards.

  • Every 1 dollar of cashback earned is equal to S$1
  • Cashback is credited to the cardholder's account in the following month
  • Cashback is automatically offset against following month's billed amount

Standard Chartered S$500 Card Rewards Exclusions

Some credit card expenditures are ineligible for earning rewards. We identify these exclusions below.

Any cash advance; any card fees and charges (including but not limited to annual card fees, service fees, interest charges, cheque processing fees, administrative fees, finance charges, and/or late payment charges and other miscellaneous fees and charges); any Credit Card Funds Transfer; any monthly instalment of an EasyPay transaction; any amount charged to card that is subsequently cancelled, voided, refunded or reversed; amounts which have been rolled over from the preceding months’ statements
Recurring payments or payments made to all billing organisations using Standard Chartered Online Banking; AXS or ATM transactions; tax refunds credited into card account; any tax payments charged to card; any insurance premiums charged to your card; any top-ups or payment of funds to any prepaid cards (with the exception of EZ-Reload) and any prepaid accounts specified from time to time

How does Standard Chartered Manhattan S$500 Card Compare Against Other Cards?

Standard Chartered MANHATTAN $500 Card
Standard Chartered MANHATTAN $500 Card

Consider this if you are a low-income working adult

Annual Income Requirement 18000

Read our comparisons of SC Manhattan S$500 Card with other cards and learn what makes each card unique in their own way. We compare and contrast each card to highlight its uniqueness to help you identify the card that you need.

Standard Chartered Manhattan S$500 Card performs below the market average for value-to-consumer after two years based on a monthly spend of S$1,500

SC Manhattan S$500 Card v. CIMB AWSM Card


Consider this if you earn S$18,000 and S$30,000 per year and are below the age of 35

Annual Income Requirement 30000

Like SC Manhattan S$500 Card, CIMB AWSM Card is open to young working adults earning less than S$30,000/year, as well as students and NSFs with no income. Cardholders earn 1% rebate on specific categories: dining, entertainment, online shopping, and telco. There’s no minimum spend requirement, no earnings cap, and no annual fee. CIMB AWSM Card is great both for students and for low income working adults.

SC Manhattan S$500 Card v. Maybank eVibes Card

Consider this if you want to maximise cashback on everyday spending

Annual Income Requirement 30000

Students and NSF men can earn higher rewards rates with Maybank eVibes Card than with most competitors on the market. Cardholders earn 1% cashback on all spend–there are no merchant or category restrictions. Consumers even receive an Adidas wristwatch with card approval. Low income working adults, however, do not qualify, and might want to consider SC Manhattan S$500 Card.

SC Manhattan S$500 Card v. Citi Clear Card

Consider this if you frequently visit Starbucks and Subway

Annual Income Requirement 0
Foreigner Income Requirement 0

Citi Clear Card offers students the equivalent of 0.4 miles per S$1 spend, which sets it apart from other rebate-based student cards. Cardholders also have access to dining privileges through Gourmet Pleasures. Students who frequently dine out may be a great match for Citi Clear Card, but low income working adults are not eligible.

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, helping consumers find the best credit cards and other financial products based on quantitative and qualitative analysis. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research, and led development & operations and BellaVetro. She attended Duke University and Penn State University, graduating with a degree in Political Science and Government. Her work has been featured on a variety of major media such as Yahoo Finance, Asia One, Buro, Zuu Online and more.

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