HDFC Shoppers Stop Credit Card Review: Key Features & Benefits
Discover the amazing benefits of the HDFC Shoppers Stop Credit Card, designed for shopping enthusiasts. This article breaks down the features, benefits, fees, and charges associated with these co-branded cards launched by HDFC Bank in collaboration with Shoppers Stop.
Overview of HDFC Shoppers Stop Credit Cards
HDFC Bank offers two variants under its Shoppers Stop co-branded credit cards: Shoppers Stop HDFC Bank Credit Card and Shoppers Stop Black HDFC Bank Credit Card. The former is an entry-level card, while the latter is a semi-premium card offering enhanced benefits. These cards provide rewards on Shoppers Stop purchases and other spends.
Types of Cards
| Particulars | Shoppers Stop HDFC Bank Credit Card | Shoppers Stop Black HDFC Bank Credit Card |
|---|---|---|
| Card Type | Entry level | Semi-premium |
| Joining Fee | Rs. 299 (Lifetime-free for those who joined before March 1, 2024) | Rs. 4,500 |
| Annual Fee | Rs. 299 (Nil for initial member group) | Rs. 4,500 |
| Minimum Income | Salaried: Rs. 20,000 Self-employed: ITR > Rs. 6 Lakh | Salaried: Rs. 2 Lakh Self-employed: ITR > Rs. 8 Lakh |
Welcome Benefits
Both cards offer compelling welcome benefits:
| Card | Welcome Benefit |
|---|---|
| Shoppers Stop HDFC Bank Credit Card | Shoppers Stop voucher worth Rs. 500 |
| Shoppers Stop Black HDFC Bank Credit Card | Shoppers Stop voucher worth Rs. 1,500 |
Reward Points System
The Shoppers Stop HDFC Bank Credit Card offers up to 3% reward points on Shoppers Stop purchases and 1% on other spends, up to a specified limit. The Shoppers Stop Black HDFC Bank Credit Card offers a higher rate of up to 7% rewards on Shoppers Stop purchases and 2% on other spends.
Reward points can be redeemed as follows:
- 1 Reward Point = Rs. 1 for Shoppers Stop vouchers
- Other redemptions as per the HDFC bank’s latest redemption catalog
Features and Benefits
Both cards come with an array of features and benefits to suit varied shopping needs. These include:
- Complementary Shoppers Stop membership
- Fuel surcharge waiver up to Rs. 250 per statement cycle
- Access to PayZapp and Smartbuy offers
Additional Perks of Shoppers Stop Black HDFC Bank Credit Card
The semi-premium variant offers added advantages:
- First Citizen Black membership worth Rs. 4,500
- Lounge access with 4 domestic and 2 international visits per quarter
- Insurance coverage including accidental death and overseas hospitalization
Fee & Charges
Outlined below are the fees and charges associated with these co-branded credit cards.
| Fee Type | Details |
|---|---|
| Joining/Renewal Fee | Rs. 299 or Rs. 4,500 depending on the card type |
| Late Payment Charges | Varies with outstanding balance, from Rs. 100 to Rs. 1,300 |
Eligibility & Documentation
To apply for any of the Shoppers Stop HDFC co-branded credit cards, the applicants need to meet specific criteria:
- Age: Salaried – 21 to 60 years, Self-employed – 21 to 65 years
- Income: For Shoppers Stop Card – Net Monthly Income > Rs. 20,000 (Salaried) or ITR > Rs. 6 Lakhs per annum (Self-employed). For Shoppers Stop Black Card – Net Monthly Income > Rs. 2 Lakh (Salaried) or ITR > Rs. 8 Lakh per annum (Self-employed)
Documents required include valid identification, income proof, and other necessary documents.
If you’re looking for a card primarily for shopping at Shoppers Stop, the HDFC Shoppers Stop Credit Cards can offer you unmatched rewards and benefits. Choose according to your shopping style and enjoy the perks!
