Shoppers Stop HDFC Bank Credit Card – Benefits, Fees & Eligibility

Shoppers Stop HDFC Bank Credit Card

Introduction

The Shoppers Stop HDFC Bank Credit Card is a lucrative card designed for individuals who frequently shop at Shoppers Stop and are keen on staying updated with fashion trends. This co-branded credit card offers a complimentary Shoppers Stop Silver Edge Membership and is tailored for consumers seeking generous rewards on their purchases at Shoppers Stop. Cardholders can accrue multiple reward points on their shopping, which can then be redeemed against further purchases made at Shoppers Stop. While this card was previously lifetime free, it now comes with a joining charge.

Welcome Benefits

• Receive a Shoppers Stop voucher worth ₹500 as a welcome benefit, redeemable on any transaction at Shoppers Stop stores by displaying the message during payment.
• The welcome voucher can be redeemed only by making the payment using your Shoppers Stop HDFC Bank Credit Card.
• Get a complimentary Shoppers Stop Silver Edge Membership, valued at ₹350.

Fees

• Joining Fee: ₹299 + Applicable Taxes (GST).
• Renewal Fee: ₹299 + Applicable Taxes (GST).
• Rewards Redemption Fee: ₹99 + GST.
• Foreign Currency Markup: 3.5% + GST on all foreign currency transactions.
• International DCC Transactions Markup: 1% Mark-Up charges will be applied on all International DCC (Dynamic Currency Conversion) transactions.
• Interest Rates: 3.75% Per Month (or 45% Annually) on the outstanding amount not paid by the due date.
• Fuel Surcharge: 1% fuel surcharge will be charged, with a waiver of up to ₹250 per statement cycle. This waiver applies across all fuel stations in India on minimum transactions of ₹400 and maximum transactions of ₹5,000.
• Cash Advance Charges: 2.5% of the transaction amount, subject to a minimum charge of ₹500.
• Rental Transaction Fees: 1% fee will be charged on rental transactions, applicable from the 2nd rental transaction done every calendar month.

Rewards

• Earn 3% Reward Points on every spend at Shoppers Stop, with a monthly capping of 500 Reward Points.
• Earn 1% Reward Points on all Non-Shoppers Stop spends, with a monthly capping of 1,000 Reward Points.
• Enjoy a complimentary Shoppers Stop Silver Edge Membership.
• Weekend Offer: Earn ₹500 per month for a single purchase of ₹15,000 or above at Shoppers Stop over the weekend (Friday, Saturday, and Sunday). This offer is capped to a maximum of once per month and 5 times in a year.
• Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver of up to ₹250 per statement cycle across all fuel stations in India, applicable on transactions between ₹400 and ₹5,000.
• Grocery Spends: Accrual of Reward Points on Grocery Spends will be capped at 1000 points per month per customer.
• Exclusions: There will be no Reward Points accrual on Spends made on Rental and Government category payments.

Rewards Redemption Guide

• Reward Points can be redeemed on Smartbuy or Netbanking.
• The validity of Reward Points is 2 years.
• When redeemed against Shoppers Stop vouchers, 1 Reward point is equivalent to ₹1.
• For other redemption options, the value of 1 Reward Point is:
  • Product Catalogue: ₹0.25
  • Cash Back: ₹0.20
  • Airmiles: ₹0.25
  • Unified SmartBuy (Flights/Hotels): ₹0.20
• All non-Shoppers Stop voucher redemptions will follow HDFC Bank’s current redemption catalog.
• Points earned on online purchases made through the Shoppers Stop registered application can be redeemed.
• Customers can redeem their points against purchases made in Shoppers Stop outlets or digital stores.
• To redeem Welcome Vouchers/Benefits, customers will receive SMS/email communications on their registered mobile number and email address, and they must follow the steps mentioned and intimate Shoppers Stop staff at the time of billing.

Card Eligibility Criteria

For Salaried Indian Citizens

• Minimum Age: 21 years
• Maximum Age: 60 Years
• Net Monthly Income: > ₹20,000

For Self Employed Indian Nationals

• Minimum Age: 21 years
• Maximum Age: 65 Years
• Income: ITR > ₹6 Lakhs per annum

Card Review

The Shoppers Stop HDFC Bank Credit Card is an exclusive HDFC card offering attractive shopping benefits, making it ideal for those seeking a seamless shopping experience primarily at Shoppers Stop. Cardholders receive access to an exclusive Shoppers Stop membership, which enables them to earn rewards on purchases made at Shoppers Stop. These reward points are credited to the Shoppers Stop account and can be redeemed against future purchases at physical stores or through the website.

Pros

• You can link your RuPay credit card with UPI to make Scan and Pay payments.

Cons

• This card does not provide any golfing benefits.
• There is no access to domestic or international airport lounges.
• There are no specific movie or dining benefits.
• There are no specific travel benefits.
• There are no specific insurance benefits.

Important Product Details

• Complimentary Shoppers Stop Silver Edge Membership is provided.
• Receive a Shoppers Stop Voucher worth ₹500 as a welcome benefit, redeemable on any bill value.
• Benefit from a 1% fuel surcharge waiver across all fuel stations, capped at ₹250 per statement cycle.
• Earn 3% Reward Points on every Shoppers Stop spend (capped at 500 Reward Points per month).
• Earn 1% Reward Points on Non-Shoppers Stop Spends (capped at 1,000 Reward Points per month).
• Avail a weekend offer where you can earn ₹500 per month for a single purchase of ₹15,000 or above at Shoppers Stop (capped once a month and 5 times a year).
• The card supports linking with UPI for Scan and Pay transactions.
• It is enabled for contactless payments, offering fast, convenient, and secure transactions at retail outlets.

Other Details

• The card offers a Smart EMI option, allowing you to convert your large spends into EMIs after purchase.
• The Shoppers Stop HDFC Bank Credit Card supports contactless payments. For single transactions up to ₹5000, a PIN is not required, but for transactions equal to or above ₹5000, the Credit Card PIN must be entered for security reasons.
• This credit card is best suited for shopping.
• 1% fees are charged on rental transactions, applied from the second rental transaction within a calendar month.
• A 1% mark-up is applied on all International DCC (Dynamic Currency Conversion) transactions.