* 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.
We estimate this card has a net reward yield of 0.5-0.8% on spending above ₹10,000 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 per month.
If you spend less than ₹10,000 a month on your card, also consider the BharatCredit 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 HDFC Bank Credit Card
Card Type
Reward
Reward Features
6 First Citizen Points / ₹150 on Shoppers Stop Private label brands
2 First Citizen Points / ₹150 on all other Shoppers Stop brands & other spends except fuel and wallet
Milestone Rewards
2000 First Citizen Points on spending ₹2 Lakhs annually
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.