Shoppers Stop Black HDFC Bank Credit Card Review
The Shoppers Stop Black HDFC Bank Credit Card is the premium tier of the Shoppers Stop co-brand. It pays a high reward rate on Shoppers Stop purchases, includes Shoppers Stop Black membership, and adds generous lounge access and insurance.
The ₹4,500 fee has no spend-based waiver, so it only pays off for people who shop regularly at Shoppers Stop and will redeem points there.
- 7% back in points on Shoppers Stop spends
- Shoppers Stop Black membership and ₹1,500 voucher on joining
- 16 domestic and 8 international lounge visits a year
- ₹3 crore air accident and ₹50 lakh overseas hospitalisation cover
- Fuel waiver up to ₹500 a cycle
- ₹4,500 fee with no spend-based waiver
- Shoppers Stop points capped at 2,000 a month
- Points worth much less outside Shoppers Stop (₹0.20 as cashback)
- Long exclusion list
- ₹50 fee per cashback redemption
Fees and charges
| Item | Detail |
|---|---|
| Joining fee | ₹4,500 |
| Renewal fee | ₹4,500 (no spend-based waiver) |
| Interest | 3.75% a month |
| Cashback redemption | ₹50 per redemption |
| Forex markup | Check HDFC’s current schedule |
Rewards: how the card earns
| Spend | Earn | Cap |
|---|---|---|
| Shoppers Stop (min ₹150 transaction) | 7% back in points | 2,000 points a month |
| Other eligible spends | Lower rate (HDFC’s T&C quote 1–2%) | 2,000 points a month |
Point values: ₹1 on Shoppers Stop vouchers, ₹0.50 on air miles or SmartBuy, up to ₹0.35 in the catalogue, ₹0.20 as cashback. Points are valid for two years.
What earns nothing
Fuel, rent, government, tax, EMI, wallet, insurance, supermarket and jewellery spends are among the exclusions.
Other benefits
| Benefit | Detail |
|---|---|
| Welcome | Shoppers Stop Black membership and a ₹1,500 Shoppers Stop voucher |
| Weekend offer | ₹1,500 a month on a single purchase of ₹50,000+ (Fri–Sun), up to 5 times a year |
| Lounge access | 16 domestic (4 a quarter) and 8 international (2 a quarter) visits a year |
| Insurance | ₹3 crore air accident, ₹50 lakh overseas hospitalisation, ₹9 lakh credit liability |
| Fuel | 1% surcharge waiver, up to ₹500 per statement cycle |
Eligibility
Issuer
HDFC Bank
Age
21–65
Income
Check HDFC’s current criteria
Documents
PAN, Aadhaar, income proof
Who this card is for
- Good fit: regular Shoppers Stop shoppers spending ₹10,000+ a month there who also travel enough to use the lounges.
- Skip if: you rarely shop at Shoppers Stop — the non-waivable fee is hard to recover elsewhere.
Alternatives worth comparing
- Best HDFC Bank credit cards
- Best shopping cards
- HDFC Regalia Gold — broader rewards and lounges
- Best premium cards
Final verdict
Excellent for loyal Shoppers Stop customers, who can earn back several times the fee and get strong lounge and insurance benefits. For everyone else, the non-waivable ₹4,500 fee makes a general premium card a better choice.
Frequently asked questions
Is the Shoppers Stop Black annual fee waivable?
No. HDFC’s fees page shows a ₹4,500 + GST renewal fee with no spend-based waiver.
What is the welcome benefit?
Shoppers Stop Black membership and a ₹1,500 Shoppers Stop voucher.
How much do I earn at Shoppers Stop?
7% back in points, capped at 2,000 points a month, when redeemed for Shoppers Stop vouchers at ₹1 a point.
How many lounge visits do I get?
16 domestic (4 a quarter) and 8 international (2 a quarter) a year.
What is the fuel benefit?
A 1% fuel surcharge waiver, capped at ₹500 per statement cycle.
Last verified: October 2026, against HDFC Bank’s Shoppers Stop Black card terms and fees page. Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.