Shoppers Stop BLACK HDFC Bank Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
Shoppers Stop BLACK HDFC Bank Credit Card
Bank Name :
HDFC Bank
Type :
Lifestyle Credit Card
Interest Rate :
3.6% per month i.e. 43.2% annually
Eligibility :
For Salaried
Nationality: Indian
Age: Minimum 21 years and maximum 60 years.
Net Monthly Income: Salary should be greater than INR 2,00,000
For Self-Employed
Nationality: Indian
Age: Minimum 21 years and maximum 65 years.
Income: ITR should be greater than INR 8 Lakhs for the previous year.
Pros
Welcome Benefit: The user will get Shoppers Stop vouchers worth ₹1500, redeemable on any bill value.
Reward System: Users will get 7% reward points on every Shoppers Stop spends. Maximum cap at ₹2000 per month, 2% reward points on Non-Shoppers Stop spends. Maximum cap at ₹2000 per month. The reward points can be redeemed against a Shoppers Stop voucher with a cashback rate of 7%.
Milestone Benefit: Users can earn ₹2000 per month for a min. purchase of ₹50,000 on Shoppers Stop over the weekend (capped to a maximum of once a month and 5 times a year)
Travel Benefits: 16 complimentary domestic lounge visits in a calendar year (maximum of 4 per quarter), and 8 complimentary international lounge visits in a calendar year (maximum of 2 per quarter)
Cons
Low general cashback rate.
No free movie tickets.
No milestone benefits.
Pros & Cons
Welcome Benefits
User will get Shoppers Stop vouchers worth ₹1500, redeemable on any bill value.
Rewards System
Reward System: Users will get 7% reward points on every Shoppers Stop spends. Maximum cap at ₹2000 per month, 2% reward points on Non-Shoppers Stop spends. Maximum cap at ₹2000 per month. The reward points can be redeemed against a Shoppers Stop voucher with a cashback rate of 7%.
International Forex Markup
3.5%.
Welcome Benefits and Reward System
Special Features
Accidental air death cover up to Rs. 3 crore, emergency overseas hospitalization for up to Rs. 50 lakh, and credit liability up to Rs. 9 lakh.
Eligibility Criteria
For Salaried
Nationality: Indian
Age: Minimum 21 years and maximum 60 years.
Net Monthly Income: Salary should be greater than INR 2,00,000
For Self-Employed
Nationality: Indian
Age: Minimum 21 years and maximum 65 years.
Income: ITR should be greater than INR 8 Lakhs for the previous year.
Benefits
Great Shoppers Stop cashback rate.
Free lounge visit, domestic as well as international.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Visit the HDFC Bank website or the Shoppers Stop website.
Click on the "Credit Cards" section.
Select the "Shoppers Stop BLACK HDFC Bank Credit Card".
Click on "Apply Now".
Fill in the application form with your details and income information.
Upload the required documents- Proof of identity (PAN card, Aadhaar card, Voter ID, etc.), Proof of address (Passport, Driving license, Utility bill, etc.), Income proof (Salary slip, ITR, etc.)
Submit the application.
Contact Details
1800 202 6161 / 1860 267 6161.
customerservices.cards@hdfcbank.com.
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: The user will get Shoppers Stop vouchers worth ₹1500, redeemable on any bill value.
Reward System: Users will get 7% reward points on every Shoppers Stop spends. Maximum cap at ₹2000 per month, 2% reward points on Non-Shoppers Stop spends. Maximum cap at ₹2000 per month. The reward points can be redeemed against a Shoppers Stop voucher with a cashback rate of 7%.
Milestone Benefit: Users can earn ₹2000 per month for a min. purchase of ₹50,000 on Shoppers Stop over the weekend (capped to a maximum of once a month and 5 times a year)
Travel Benefits: 16 complimentary domestic lounge visits in a calendar year (maximum of 4 per quarter), and 8 complimentary international lounge visits in a calendar year (maximum of 2 per quarter)
Low general cashback rate.
No free movie tickets.
No milestone benefits.
The Shoppers Stop Black HDFC Credit Card is one of the great HDFC cards for the elite section of society who would love to shop either at the Shoppers Stop outlet or their registered store online. With the introduction of this card, the customers will be able to enjoy a highly rewarding shopping experience. The reward points will get credited into the customers’ accounts which can then be redeemed during their next shopping sessions. However, the card is only beneficial for elite section of the society who loves to shop at branded stores.
Shoppers Stop BLACK HDFC Bank Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining/Renewal Membership fee will be ₹4,500 .
Late Payment Charges: Less than Rs. 100 – Nil Rs. 100 to Rs. 500 – Rs. 100 Rs. 501 to Rs. 5,000 – Rs. 500 Rs. 5,001 to Rs. 10,000 – Rs. 600 Rs. 10,001 to Rs. 25,000 – Rs. 800 Rs. 25,000 to Rs. 50,000 – Rs. 1,100 Above Rs. 50,000 – Rs. 1,300
Interest Rates: 3.6% per month (or 43.2% annually)
Cash Advance Charges: 2.5% of amount withdrawn or Rs. 500 whichever is higher
Foreign Currency Markup: 3.5% (plus applicable taxes)
Rewards Redemption Fee: Nil
Fuel Surcharge
1% fuel surcharge waiver of upto ₹500 per statement cycle, across all fuel stations in India
Billing Cycle
30 Days