HDFC Bank
Shoppers Stop Black Credit Card
Annual Fee
₹1,000
Base Reward
1% cashback
Foreign Markup
3.5% + GST
Welcome Benefits
1,000 CashPoints on card setup
Product Highlights
- 5% cashback at Shoppers Stop
- ₹1,000 gift vouchers on ₹1L quarterly spend
- Renewal fee waiver on ₹1L annual spend
Category Rewards
shopping
5% CashBack Offline
5%
Fee Waiver
Waived on ₹1L annual spend
Merchant-Specific Rewards
Shoppers Stop
5% CashBack(1,000 CashPoints/cycle)
Rewards Details
5% CashBack at Shoppers Stop, 1% CashBack on all other spends. Max 1,000 CashPoints at 5x rate per billing cycle.
Redemption
1 CashPoint = ₹1 against statement
Benefits & Features
Domestic: 4 complimentary visits per quarter via DreamFolks (Min ₹2L quarterly retail spend required for activation) International: 2 per year via Priority Pass (Available from year 2 onwards or on ₹5L+ annual spend) Complimentary lounge access on ₹2L+ quarterly spend via DreamFolks (domestic) and Priority Pass (international). Without spend criteria, ₹2 surcharge per visit applies.
Pros & Cons
Pros
- High 5% cashback at Shoppers Stop
- Renewal fee waiver on ₹1L spend
Cons
- Low 1% cashback on non-partner merchants
- Accelerated CashPoints capped at 1,000 per cycle
Additional Info
Important: CashPoints expire after 2 years from earning date
Card variant available in both Visa and Mastercard; Visa has better international acceptance
Hidden benefit: Free additional cards for family members with shared credit limit
Max 1,000 CashPoints at 5x rate + 1,000 at 1x rate per cycle
Excluded Categories
Partner Merchants
Fees & Charges
Eligibility
Min Age
21 yrs
Salaried
₹0.3L+
Self-Emp
₹6.0L+
Networks
Fee Waiver
Waived on ₹1L annual spend