The new Shoppers Stop HDFC Bank credit cards can be quite useful if you frequently shop at Shoppers Stop outlets. The lower variant Shoppers Stop HDFC Bank credit card is Lifetime Free and includes complimentary membership with Shoppers Stop. For every Rs 150 spent, we earn up to 6 First Citizen points. Also included in the benefits of the Shoppers Stop HDFC Bank credit card are a fuel surcharge waiver and milestone rewards. Check out this detailed review of the Shoppers Stop HDFC Bank credit card.
Fees and Charges
|Joining Fee||Zero – LTF|
|Welcome Benefit||Rs 500 voucher redeemable on minimum shopping of Rs 3000 at Shoppers Stop stores on private label brands|
|Annual Fee||Zero – LTF|
This is a LTF credit card. So, we cannot expect much in terms of welcome or renewal benefits. Considering that, it is ok to just have a welcome benefit.
|Shoppers Stop Private Label Brands||6 FC per Rs 150 ~2.4%||500 FC per month|
|Other Shoppers Stop Brands||2 FC per Rs 150 ~0.8%||None|
|Grocery Spends||2 FC per Rs 150 ~0.8%||1000 FC per month|
|Other Spends||2 FC per Rs 150 ~0.8%||None|
|Rent, Government, Gold, Jewellery, |
Fuel and Wallet
FC is for First Citizen reward points. This is the reward currency for Shoppers Stop outlets.
The private label brands are exclusive brands owned by Shoppers Stop. Some of them are Haute Curry, Arcelia, Stop, Fratini, Life, Kashish, Back to Earth, Devon North, Fern, Ivy, Harissa, Karrot.
- 2000 First Citizen Points on spending Rs 2 Lakhs ~0.6% extra return
This is not a great milestone benefit and most won’t use this card for that much spend. But, if you have the Rupay variant then it is quite possible that you will hit this milestone. Thanks to UPI on Rupay cards! 🙂
The accrued reward points reflect in your connected Shoppers Stop membership account with the same mobile number as HDFC Bank credit card. These can be redeemed at 1 FC point = 60 paise on Shoppers Stop platform or outlets.
Other Key Benefits & Charges
- Foreign Currency Markup: 3.5%+GST ~4.13%
- Fuel Surcharge Waiver: 1% waiver up to Rs 250 per billing cycle
- Interest Rate: 3.6% per month or 43.2% per annum
- Rewards Redemption Fee: None
The Shoppers Stop HDFC Bank credit card is your regular entry-level credit card but it does not offer cashback. So, it is useful only if you like to accumulate First Citizen points. But the reward rates are rather low even for that. When most of the cashback credit cards offer a direct 1% cashback, 0.8% return as FC points does not sound interesting at all.
But, there is one use for this card. You can get this in Rupay variant as Lifetime Free to use for UPI spends if you need it.
Frequently Asked Questions
Shoppers Stop HDFC Bank Credit Card