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Shoppers Stop Black HDFC Bank Credit Card

by Kshitiz V Sharma on

The Bottom Line

Shoppers Stop Black HDFC Bank Credit Card
High Fee, Low Rewards

20 First Citizen Points / ₹150 on Shoppers Stop Private label brands, 15 First Citizen Points on all other Shoppers Stop brands and 5 First Citizen Points on on all other spends.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield -7.3%^ -3.0%^ -0.9%^ 0.4% 0.8%
Est. Monthly Reward (₹) (370) (300) (175) 200 820
All-India Rewards Rank* 345 344 345 283 159
Within Bank Rank* 50 50 50 38 25
* 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 negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee.

The Shoppers Stop Black HDFC Bank Credit Card gives 3.60% effective reward on shopping and 1.20% on all other spending.

We estimate this card has a net reward yield of 0.4-0.8% on spending above ₹50,000 with the card in a month, making it a low reward card for HDFC Bank customers.

Consider the Millennia Credit Card if you spend less than ₹50,000 a month on your card.

It offers a net reward yield of 2.3-2.7% on spending up to ₹50,000.

If you spend less than ₹10,000 a month on your card, also consider the Bharat Credit Card with a net reward yield of 1.9-2.4%.

If you spend more than ₹50,000 a month on your credit card, we recommend the 6E Rewards XL – Indigo HDFC Bank Credit Card. We estimate it offers a net reward yield of 2.0-2.2% for high spenders.

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 Shoppers Stop Black HDFC Bank Credit Card
Card Type Reward
Reward Features 20 First Citizen Points / ₹150 on Shoppers Stop Private label brands

15 First Citizen Points / ₹150 on all other Shoppers Stop brands

5 First Citizen Points / ₹150 on on all other spends except fuel and wallet

Milestone Rewards Nil
Other Rewards – 4 Complimentary Domestic Airport Lounge visits / Qtr.

– 2 Complimentary International Airport Lounge visits / Qtr.

Rewards Redemption Fee ₹99
Reward Caps – 2,000 FC Points p.m. on Shoppers Stop Private label brands & other Shoppers Stop brands

– 1,000 F.C points p.m. on grocery txn.

Preferred Redemption Method Redeemed at Shoppers Stop Outlet or Website
1FC= ₹0.60

Fees & Charges

Card Shoppers Stop Black HDFC Bank Credit Card
Joining Fee ₹4,500 + Taxes
Annual Fee ₹4,500 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
N/A
Income Criteria Salaried ₹2 Lacs
Self-employed ITR>₹8 Lacs
Supplementary Card Fee Free
Interest Rate 43.20% p.a.
Foreign Currency Markup 3.50%
Cash Advance Charge 2.50% with a minimum of ₹500
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