Shoppers Stop HDFC Bank Credit Card
Shoppers Stop HDFC Bank Credit Card
Fee
Joining Fee: Nil
Annual Fee: Nil
Ideal for
Shopping
Reward Type
Reward Points
Welcome Benefits
A voucher worth Rs. 500 as a welcome gift can be redeemed on a minimum spend of Rs. 3000 at Shoppers Stop stores.
About Shoppers Stop HDFC Bank Credit Card
The Shoppers Stop HDFC Bank Credit Card is like your shopping buddy with some awesome perks. It’s designed for those who love shopping at Shoppers Stop and staying in the loop with the latest fashion trends.
First things first, it won’t cost you a dime to join, and there are no annual renewal fees – it’s a lifetime free card. Plus, when you sign up, you get a sweet welcome gift in the form of a Rs. 500 voucher, which you can use when you spend a minimum of Rs. 3000 at Shoppers Stop stores. That’s a great way to kickstart your shopping spree!
Now, here’s the fun part – you earn reward points while you shop. For every Rs. 150 you spend on private-label brands at Shoppers Stop, you snag 6 First Citizen Points. For all other retail transactions (except fuel and wallets), you still get 2 First Citizen Points for every Rs. 150 spent. These points are like little shopping treasures you can redeem later for more Shoppers Stop goodies.
But wait, there’s more! You also get some cool offers on food delivery platforms like Swiggy, Zomato, and BigBasket. So, when you’re not shopping for clothes, you can treat yourself to some delicious meals or groceries and enjoy some savings.
Oh, and don’t forget that you’ll become a Shoppers Stop member with this card, which comes with even more exclusive benefits. Plus, you’re covered with Zero Liability Protection in case of any fraudulent transactions after reporting a lost card.
So, if you’re a fashion enthusiast and a Shoppers Stop regular, this card could be your perfect shopping companion. It’s all about making your shopping experience more rewarding and enjoyable!
Rewards & Benefits
Movie & Dining
NA
Travel
NA
Rewards Rate
Earn 6 First Citizen Points on every Rs.150 spent on Private Label Brands and 2 First Citizen Points on every Rs.150 spent on all other retail transactions except fuel and wallet.
Reward Redemption
The points can be redeemed on purchases made in Shoppers Stop Outlet or online through Shoppers Stop website.
Golf Club Membership
NA
International Lounge Access
NA
Domestic Lounge Access
NA
Insurance Benefits
NA
Zero Liability Protection
You won’t have to bear any responsibility for unauthorized transactions on your card if you report the loss to the bank promptly.
Fees & Charges of Shoppers Stop HDFC Bank Credit Card
Fee Waiver
NA
Rewards Redemption Fee
NA
Forex Markup
3.5% on all foreign currency spends.
Interest Rates
3.6% per month or or 43.2% per annum
Fuel Surcharge
1% fuel surcharge waived (up to Rs. 250 per statement cycle), across all petrol stations in India.
Cash Advance Charge
2.5 % of the transaction amount subject to a minimum charge of Rs 500.
Add-on Card Fee
Nil
Card Replacement Fee
NA
Pros of Shoppers Stop HDFC Bank Credit Card
Here are the perks of the Shoppers Stop HDFC Bank Credit Card:
No Joining Fee, No Renewal Fee: This card won’t cost you a penny to start, and you won’t have to worry about yearly fees either as its a Lifetime Free Credit Card. It’s like an exclusive pass that’s free for life!
Warm Welcome Gift: When you first join, they greet you with a Rs. 500 voucher. It’s like a little welcome hug for your wallet, which you can use when you shop for Rs. 3000 or more at Shoppers Stop stores.
Rewards: It’s like getting a little bonus with every purchase. When you shop at Shoppers Stop, you earn First Citizen Points that you can later redeem for even more shopping fun.
Extra rewards for Private Labels: If you’re into Shoppers Stop’s own brands, you’re in for a treat. You get six times the reward points when you shop for private-label items. It’s like they’re saying, “Hey, we really appreciate you supporting our exclusive stuff!”
Special Offers on Food Delivery: You get cool offers on delivery platforms like Swiggy, Zomato, and BigBasket. It’s like getting a little treat for your taste buds!
Shoppers Stop Membership: You get VIP access as a member, which means more special perks and exclusive offers. It’s like being part of an exclusive club for fashion-forward shoppers.
Zero Worries with Zero Liability: If your card gets lost and someone tries to pull a fast one on you, don’t sweat it. You won’t be held responsible for any fraudulent transactions after reporting it.
Lifetime Free: This Lifetime Free credit card doesn’t come with any hidden costs.
So, there you have it! The Shoppers Stop HDFC Bank Credit Card is like having a fashion-savvy friend who loves to spoil you with rewards and treats. It’s all about making your shopping experience a whole lot more awesome!
Cons of Shoppers Stop HDFC Bank Credit Card
Here are some cons of the Shoppers Stop HDFC Bank Credit Card:
Limited to Shoppers Stop: While it’s fantastic for Shoppers Stop enthusiasts, this card’s benefits are mainly focused on shopping at Shoppers Stop stores. So, if you prefer other brands or stores, you might not maximize its perks.
No Travel or Dining Perks: If you’re into collecting travel miles or enjoy dining out frequently, this card won’t give you any special rewards in those areas. It’s more about fashion and shopping that too mainly from shopper stop.
No International Lounge Access: If you’re a frequent flyer and love airport lounges, this card doesn’t offer any international lounge access. You’ll have to rely on other cards for that luxury.
Limited Insurance Benefits: Unlike some premium cards, this one doesn’t come with extensive insurance coverage. So, if you’re looking for comprehensive travel or purchase protection, you might need an additional card.
Points Expiry: The reward points you earn have a one-year expiration date. It’s like having a timer on your rewards, so you need to use them within that time frame.
Foreign Transaction Fee: When you use this card for international transactions, there’s a 3.5% foreign currency markup fee. It’s like a small extra cost for shopping abroad.
Age and Income Restrictions: To be eligible for this card, you need to meet specific age and income criteria. If you’re younger than 21 (for self-employed) or don’t meet the income requirements, you might not qualify.
No Welcome Perks Beyond Shoppers Stop: While you get a nice welcome voucher for Shoppers Stop, there are no other big welcome perks like bonus miles or hotel stays that some other cards offer.
So, there you have it – some of the aspects that might not make this card the ideal choice for everyone. It’s important to consider your personal spending habits and preferences before deciding if it’s the right fit for you.
Eligibility Criteria
Here are the eligibility criteria for the Shoppers Stop HDFC Bank Credit Card:
For Self-Employed:
- Age Range: You should be between 21 and 65 years old. So, whether you’re just starting your career or well into it, you’re covered!
- Income Proof: You need to have filed an Income Tax Return (ITR) of Rs. 6 Lakhs or more. Basically, they want to see that you’re earning a decent income.
For Salaried Individuals:
- Age Range: Your age should be between 21 and 60 years. So, whether you’re a young professional or an experienced one, you’re in the game!
- Monthly Salary: You should have a net monthly salary of Rs. 20,000 or more. This helps ensure that you have a steady income.
These criteria help the bank make sure that you’re financially eligible for the card. It’s all about making sure that you can enjoy those shopping perks responsibly!
Documents Required
To apply for your IDFC FIRST Classic Credit Card, you’ll need these documents:
Identity Proof: You can provide any one of the following:
- Aadhar Card
- Voter’s ID
- Driving License
- PAN Card
- Passport
Address Proof: You have options here too; choose one from:
- Latest month’s utility bills (like electricity or gas)
- Aadhar Card
- Passport
Income Proof: This one may vary, but generally, you can submit one of the following:
- Latest salary slips
- Latest bank statements
- Latest audited Income Tax Returns (ITR)
Who Should Apply for this card?
Young Professionals: Ideal for those starting their financial journey, with no annual fees and attractive benefits.
Frequent Shoppers: Reward Points system for both online and offline purchases, offering tangible benefits for spending.
Frequent Travelers: Valuable perks include complimentary Railway lounge access and a 1% fuel surcharge waiver, great for travelers.
Movie and Dining Enthusiasts: Discounts on dining and movies make it a fantastic choice for entertainment lovers.
Individuals Seeking No Annual Fees: No joining or renewal fees, making it cost-effective.
How Apply for this card?
- Step 1: Start by visiting the official website
- Step 2: Explore Credit Card Options
- Step 3: Select the Classic Credit Card
- Step 4: Click “Apply Now“
- Step 5: Provide Your KYC Details
- Step 6: Submit Your Application
- Step 7: Confirmation Awaited
- Step 8: Wait for Approval
- Step 9: Card Delivery
- Step 10: Activate and Enjoy
