Shoppers Stop Black Credit Card
HDFC Bank
Annual Fee
₹1,000
Joining Fee
₹1,000 + GST
Base Reward
1% cashback
Foreign Markup
3.5% + GST
Fee Waiver
Waived on ₹1L annual spend
Interest Rate
3.75% per month (45% annually)
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
Rewards
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
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 5%(5% CashBack Offline) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| Shoppers Stop | 5% CashBack(1,000 CashPoints/cycle) | offline |
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.
Fees & Charges
Eligibility
Min Age
21 years
Max Age
40 years
Min Income (Salaried)
₹35,000
Min Income (Self-Employed)
₹6,00,000
Available Networks
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