HDFC
HDFC Shoppers Stop Black Credit Card
This is an invite only card
Apply and get ₹1100 Rewards
Top Benefits
Earn 7% Reward Points on Shoppers Stop
Spends on all online and offline purchases at Shoppers Stop, capped at 2,000 reward points per month
Enjoy 16 Domestic and 8 International Lounge
Visits per year (maximum 4 domestic and 2 international per quarter)
Best For
Shopping
Travel
The HDFC Shoppers Stop Black Credit Card is a premium retail and travel credit card designed specific...
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The HDFC Shoppers Stop Black Credit Card is a premium retail and travel credit card designed specific...
The HDFC Shoppers Stop Black Credit Card is a premium retail and travel credit card designed specifically for brand-conscious shoppers and frequent flyers. With a massive earning potential of 20 First Citizen Points per Rs. 100 spent on Shoppers Stop private label brands, this card turns your fashion and lifestyle purchases into serious savings. It immediately rewards you with complimentary First Citizen BLACK membership, giving you elite status from day one.
This card stands out from regular shopping cards by packing heavy travel benefits alongside its retail perks. You get an impressive 16 domestic and 8 international airport lounge visits per year, which is rare for a co-branded retail card. The target audience for this card includes mid-to-high income professionals who frequently shop at Shoppers Stop and travel internationally or domestically for work or leisure.
While competitors might offer generic reward points, the HDFC Shoppers Stop Black Credit Card targets brand loyalty. Every point translates to a flat Rs. 0.25, meaning a Rs. 10,000 spend on private label brands yields Rs. 500 in pure value. If you want a card that mixes luxury shopping rewards with premium travel access, this card serves that exact purpose.
View FAQ
Commonly Asked Questions
Is the HDFC Shoppers Stop Black Credit Card lifetime free?
No, this card carries a joining and annual fee of Rs. 4,500. However, the bank waives this annual fee if you spend Rs. 50,000 or more in a year.
Is this a good credit card for shopping?
Yes, it is an excellent choice for shopping, especially at Shoppers Stop. You earn up to 20 First Citizen Points per Rs. 100 spent on their private labels, offering massive returns on your wardrobe spends.
Who should apply for this card?
Salaried or self-employed individuals earning at least Rs. 70,000 per month who frequently shop at Shoppers Stop and travel often. The 24 total lounge visits per year make it perfect for frequent flyers.
What makes this different from other shopping cards?
Unlike basic cashback cards, this card blends elite retail perks with premium travel. You get a First Citizen BLACK membership and massive lounge access quotas, which typical retail cards do not provide.
Expert Review
When looking at the HDFC Shoppers Stop Black Credit Card, I see a product that targets a very specific urban demographic. If you frequently upgrade your wardrobe at Shoppers Stop and fly domestically a few times a year, the value proposition here is exceptional. The 16 domestic and 8 international lounge visits are spectacular for a card that requires you to spend only Rs. 50,000 a year to waive its fee.
The card does have a notable flaw. The massive 20 reward points per Rs. 100 rate on private label brands is strictly capped at 2,000 points a month. This means once you spend Rs. 10,000 on private labels in a month, you hit the ceiling. For a card with the word "Black" in its name—implying premium, unlimited luxury—capping the core reward rate so early feels restrictive. Furthermore, the 3.5 percent forex markup is high for a card offering 8 international lounge visits; it rewards you for lounge visits but penalizes you for spending foreign currency.
My verdict? Use this card strategically. Put Rs. 50,000 on it annually to waive the Rs. 4,500 fee, use all 24 free lounge visits, and take advantage of the First Citizen BLACK status for priority billing. For pure online shopping or international spending, pair it with a dedicated cashback or low-forex card.
Joining / Annual Fee
Joining Fees
₹5,310 ( ₹4500 + GST )
Annual Fees
₹5,310 ( ₹4500 + GST )
Premium benefits come with an associated cost, but the HDFC Shoppers Stop Black Credit Card makes it ...
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Premium benefits come with an associated cost, but the HDFC Shoppers Stop Black Credit Card makes it ...
Premium benefits come with an associated cost, but the HDFC Shoppers Stop Black Credit Card makes it incredibly easy to neutralize these fees. The card carries a one-time joining fee of Rs. 4,500 plus applicable GST. This fee is billed in your first statement. From the second year onward, a standard annual renewal fee of Rs. 4,500 plus GST applies.
The standout feature here is the highly achievable fee waiver condition. The bank completely waives your annual fee if you spend just Rs. 50,000 or more in a year. Let us look at the practical math: Rs. 50,000 divided by 12 months is only Rs. 4,167 per month. By paying a single utility bill or buying groceries with the card each month, you will effortlessly hit the target and enjoy this premium card absolutely free from the second year onwards. Furthermore, the first-year joining fee is waived off if you spend Rs. 50,000 within the first 90 days of card issuance.
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The card charges a one-time joining fee of Rs. 4,500 plus applicable GST when your card is issued.
Can the joining fee be waived?
Yes, the Rs. 4,500 joining fee is waived if you meet the minimum spend condition of Rs. 50,000 within the first 90 days of card activation.
What is the annual or renewal fee?
From the second year onwards, an annual renewal fee of Rs. 4,500 plus GST is charged to your card account.
Is there an annual fee waiver option?
Yes, the annual fee of Rs. 4,500 is entirely waived if you spend Rs. 50,000 or more in a year on your card.
Is the Rs. 50,000 spend requirement difficult to achieve?
Not at all. A target of Rs. 50,000 annually equals about Rs. 4,167 in monthly card spends, which is very easy to hit with basic household expenses or a few shopping trips.
Does the welcome voucher offset the joining fee?
The Rs. 1,500 Shoppers Stop welcome voucher offsets a large chunk of the fee immediately. Combined with the waiver threshold, you can easily recover the cost.
How is the waiver spending period calculated?
The spending period follows your card anniversary year, spanning 12 months from the date of card issuance.
What happens if I only spend Rs. 45,000 in a year?
If you fail to cross the Rs. 50,000 threshold, the bank will charge the full Rs. 4,500 plus GST renewal fee in your anniversary month statement.
Do excluded transactions count toward the fee waiver?
Spends on rent, fuel, cash withdrawals, and EMI conversions do not count toward the annual fee waiver milestone.
How can I get this card lifetime free?
You can make the card lifetime free by routing Rs. 4,167 of your monthly expenses through it to trigger the automatic annual fee waiver.
Eligibility
Age
Criteria*
21-60 years
Salary
Criteria*
8.4LPA
Credit
Rating*
720+
New to credit
allowed
Yes
Existing Bank
Customer Allowed
No
Securing the HDFC Shoppers Stop Black Credit Card requires meeting specific age, income, and credit s...
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Securing the HDFC Shoppers Stop Black Credit Card requires meeting specific age, income, and credit s...
Securing the HDFC Shoppers Stop Black Credit Card requires meeting specific age, income, and credit score parameters. The bank accepts applications from both salaried professionals and self-employed individuals, making it accessible to business owners and corporate employees alike. The primary applicant must be at least 21 years old and not older than 60 years at the time of application.
Income requirements are straightforward. Whether you draw a salary or run your own business, you must demonstrate a monthly income of at least Rs. 70,000. Annually, this translates to an income requirement of Rs. 8.4 lakh. If you earn Rs. 80,000 a month at your current job, you comfortably clear this hurdle. Finally, the bank looks closely at your credit history. A minimum CRIF or CIBIL credit score of 720 is recommended for smooth approval. A healthy score proves your repayment discipline and significantly speeds up the application process.
View FAQ
Commonly Asked Questions
What is the minimum age to apply for this card?
The primary cardholder must be at least 21 years old to be eligible for the HDFC Shoppers Stop Black Credit Card.
What is the maximum age limit for the primary cardholder?
The upper age limit for eligibility is 60 years at the time of submitting your credit card application.
What is the minimum salary required for salaried applicants?
Salaried individuals need a minimum monthly income of Rs. 70,000, which equals an annual package of Rs. 8.4 lakh, to qualify for this card.
What is the minimum annual income for self-employed applicants?
Self-employed professionals and business owners must also demonstrate an annual income of at least Rs. 8.4 lakh (Rs. 70,000 per month).
Can self-employed individuals apply for this card?
Yes, both salaried and self-employed individuals are fully eligible to apply, provided they meet the age and income criteria.
What credit score (CIBIL/CRIF) is needed for approval?
A minimum credit score of 720 is required for approval. A score below this leads to higher rejection rates or requests for additional income verification.
Will my application be rejected if my credit score is below 720?
A score below 720 significantly increases the chances of rejection, as the bank prioritizes high creditworthiness alongside income stability.
Do I need to be an Indian citizen to apply?
Resident Indians and Non-Resident Indians (NRIs) meeting the age and income brackets are eligible for this card. NRIs should provide their NRE/NRO account details during the application.
Can I get an add-on card for my spouse?
You can obtain up to 3 add-on cards for immediate family members above 18 years of age free of cost with this card variant.
Do I need an existing HDFC bank account to get approved?
Having a savings or salary account with HDFC is not mandatory, but an existing strong relationship results in faster processing and higher pre-approved limits.
All Card Benefits
- 20 First Citizen points per ₹200 spent on private label brands at Shoppers Stop (unlimited)
- 12 First Citizen points per ₹200 spent on beauty products and other brands at Shoppers Stop (unlimited)
- 2 First Citizen points per ₹200 spent on all other eligible spends (unlimited)1% fuel surcharge waiver on fuel transactions between ₹400 and ₹5,000, capped at ₹400 per statement month.
- 15% instant discount on EazyDiner on orders above ₹2,500, up
Welcome Benefits
Starting your journey with this card feels highly rewarding. Upon activation and ...
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Welcome Benefits Starting your journey with this card feels highly rewarding. Upon activation and ...
Welcome Benefits
Starting your journey with this card feels highly rewarding. Upon activation and meeting the initial spend threshold, you receive a complimentary Shoppers Stop voucher worth approximately Rs. 1,500. You can use this voucher immediately on your next lifestyle purchase.
Furthermore, you receive a complimentary First Citizen BLACK membership. This top-tier loyalty status at Shoppers Stop ensures you get priority billing, exclusive sale previews, and enhanced service every time you walk into the store. For example, if you plan to buy a Rs. 5,000 jacket right after getting the card, you can apply your Rs. 1,500 voucher and only pay Rs. 3,500 out of pocket.
Reward Points Structure
This card accelerates your earnings based on where you shop. You earn an incredible 20 First Citizen Points per Rs. 100 spent on Shoppers Stop private label brands. If you buy Rs. 5,000 worth of private label clothing, you instantly earn 1,000 points. Keep in mind that this specific high-tier earning category is capped at 2,000 points per month.
For other external brands available within Shoppers Stop, you earn 15 First Citizen Points per Rs. 100 spent. For all your everyday general purchases outside of Shoppers Stop (like groceries or dining), you earn 5 points per Rs. 100 spent. Each point holds a value of Rs. 0.25. This means 100 points give you Rs. 25 in real purchasing power.
Airport Lounge Benefits
Travel perks are where the HDFC Shoppers Stop Black Credit Card truly behaves like a super-premium product. It provides 16 free domestic airport lounge visits per calendar year, capped at 4 visits per quarter. If you take a domestic flight every month, you can comfortably access the lounge before almost every departure.
Additionally, it offers 8 free international airport lounge visits per calendar year, capped at 2 per quarter. International lounge access costs between Rs. 2,500 and Rs. 3,000 per visit. By using just four of your international visits in a year, you extract around Rs. 10,000 to Rs. 12,000 in value, completely overshadowing the card's annual fee.
Fuel Surcharge Waiver
To help with your daily commute costs, the card offers a 1 percent fuel surcharge waiver across all fuel stations in India. This waiver is capped at a maximum of Rs. 500 per billing cycle.
For context, if you spend Rs. 5,000 on petrol in a month, the standard 1 percent surcharge would be Rs. 50. This card absorbs that cost automatically. Because the cap is Rs. 500, you can get surcharges waived on fuel purchases up to Rs. 50,000 every single month.
View FAQ
Commonly Asked Questions
How do I qualify for the welcome bonus?
You qualify for the Rs. 1,500 Shoppers Stop voucher by meeting the initial spend threshold of Rs. 5,000 within the first 30 days of card activation.
What is the value of the welcome benefit?
The direct voucher value is Rs. 1,500, but the complimentary First Citizen BLACK membership adds significant ongoing value through exclusive store perks and priority access.
When will I receive the welcome voucher?
Vouchers are dispatched to your registered email or mobile number within 30 days of meeting the required spend milestone.
Do I have to pay for the First Citizen BLACK membership?
No, the First Citizen BLACK membership comes strictly as a complimentary welcome perk with this credit card, saving you the standard membership upgrade costs.
What is the standard reward rate on general spends?
You earn 5 First Citizen Points for every Rs. 100 spent on general categories outside of Shoppers Stop. This equals a 1.25 percent effective return on everyday purchases.
How many points do I earn on Shoppers Stop private brands?
You earn 20 points per Rs. 100 spent on private label brands at Shoppers Stop. Spending Rs. 10,000 in this category gives you 2,000 points, worth Rs. 500.
Is there a limit to how many reward points I can earn?
Yes, the 20 points per Rs. 100 rate on private label brands is capped at 2,000 points per month. Standard and other Shoppers Stop spends accumulate based on your total monthly expenditure.
What is the rupee value of 1 reward point?
Each reward point is valued at exactly Rs. 0.25. If you have a balance of 4,000 points, your total redemption value is Rs. 1,000.
Which transactions do not earn any reward points?
Transactions made for fuel, insurance payments, Dynamic Currency Conversion (DCC), and international payments are excluded and will not earn any points.
Do I earn points when I fill up petrol?
No, fuel purchases are part of the excluded categories and do not earn any First Citizen points, though they do qualify for a surcharge waiver.
Do international transactions earn rewards?
International transactions are specifically excluded from earning rewards on this card.
How can I redeem my accumulated reward points?
You can redeem your points for Shoppers Stop vouchers or use them for air miles and travel bookings through the HDFC SmartBuy platform.
Is there a fee to redeem my points?
Yes, the bank charges a reward redemption handling fee of Rs. 99 plus applicable GST every time you make a redemption request.
Do I earn points on insurance premium payments?
No, insurance payments fall under the excluded categories list and will not yield any reward points on this card.
How many domestic lounge visits do I get?
You receive 16 complimentary domestic airport lounge visits per calendar year. These are distributed as 4 free visits every quarter.
Does this card offer international lounge access?
Yes, the card provides 8 free international airport lounge visits per calendar year, with a maximum limit of 2 visits per quarter.
What happens if I don't use my quarterly lounge visits?
Unused lounge visits within a quarter expire and do not carry forward to the next quarter. You get a fresh quota of 4 domestic and 2 international visits when the new quarter begins.
Can I bring a guest to the lounge using my quota?
Complimentary lounge access is restricted to the primary cardholder only. If you swipe for a guest, you will be charged the standard lounge entry fee, which ranges from Rs. 2,000 to Rs. 3,000 depending on the lounge location.
Do I need a Priority Pass for the international lounges?
International lounge visits are facilitated through the Priority Pass or DreamFolks membership provided alongside your card.
What is the maximum fuel surcharge waiver I can get?
You can get a maximum surcharge waiver of Rs. 500 in a single monthly statement cycle across all fuel stations in India.
Does the waiver apply to any specific petrol pump brand?
No, the 1 percent fuel surcharge waiver is applicable at all recognized fuel stations across India, regardless of the brand.
Do I earn reward points on my fuel transactions?
No, fuel transactions do not earn any First Citizen points. You only receive the 1 percent surcharge waiver benefit on these spends.
Is GST on the fuel surcharge also waived?
The 1 percent surcharge amount is waived, while the GST levied on that surcharge remains payable by the cardholder as per standard billing practices.
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 reward point = ₹1
Redemption Options
- Shoppers Stop vouchers
- Airmiles/Travel Bookings (via SmartBuy)
- Cashback
- Product Catalogue
To check redemption catalogue
Redeeming the First Citizen Points you earn on this card is a straightforward process designed to int...
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Redeeming the First Citizen Points you earn on this card is a straightforward process designed to int...
Redeeming the First Citizen Points you earn on this card is a straightforward process designed to integrate seamlessly with your lifestyle. Since 1 reward point equals Rs. 0.25, accumulating 10,000 points gives you a solid Rs. 2,500 in value. The primary and most lucrative redemption path is converting these points into Shoppers Stop vouchers, allowing you to use your rewards directly toward your next fashion or cosmetics purchase in-store or online.
Alternatively, if you prefer travel benefits, you can use the HDFC SmartBuy portal to redeem your points for air miles or direct travel bookings like flights and hotels. The bank maintains a comprehensive redemption catalogue at the Reward360 platform. Keep in mind that every time you initiate a redemption request, the bank charges a flat handling fee of Rs. 99 plus GST. Therefore, it is financially wiser to accumulate a large number of points and redeem them in one go rather than making multiple small redemptions.
View FAQ
Commonly Asked Questions
How do I redeem my reward points?
Log into HDFC NetBanking, navigate to the credit cards section, and access the Reward360 portal to select vouchers or travel bookings.
What can I redeem my reward points for?
You can redeem your points for Shoppers Stop vouchers, or use them for air miles and travel bookings via the HDFC SmartBuy platform.
What is the value I get when I redeem reward points?
Each point carries a value of Rs. 0.25. For example, if you redeem 4,000 points for a Shoppers Stop voucher, you receive a voucher worth Rs. 1,000.
Is there a fee for redeeming my rewards?
Yes, a reward redemption handling fee of Rs. 99 plus applicable GST is charged to your card account for every redemption request.
How long does it take for vouchers to reach me after redemption?
E-vouchers for Shoppers Stop are sent to your registered email address and mobile number within 24 to 48 hours.
Do my reward points expire?
First Citizen points expire exactly 2 years from the date of accumulation.
Can I adjust my reward points against my credit card bill?
Reward points for this variant can only be redeemed for Shoppers Stop vouchers or SmartBuy travel bookings; direct statement credit is not available.
What happens to my unredeemed points if I close the card?
All unredeemed reward points are forfeited immediately upon card cancellation. Ensure you redeem your entire balance before submitting a closure request.
Gift card - Key Terms
Once you apply, we will start tracking your application
Generally takes 2-72 hrs
Once the bank confirms us of your successful card activation, we will process your rewards
Generally takes 7-75 days
You can then withdraw your rewards via Amazon Pay Balance/Flipkart gift cards
Generally takes 7-75 days
Note: If you currently hold or have ever held an HDFC Credit Card, you are not eligible for CashKaro Rewards.
Rewards Related
- If you currently hold or have ever held an HDFC Credit Card, you are not eligible for Gift Card
- A minimum transaction of Rs.100 within 30 days is mandatory to activate your card; otherwise, you wont be eligible for the Rewards
- Please use Aadhaar linked mobile number to fill the application
- If the distance between your residence and office addresses is 150 km or more, please ensure that your residence is selected as the mailing address. Applications not adhering to this will be rejected
- VKYC done over 50km from your Aadhaar/communication address will result in application rejection and loss of Rewards
Also, Remember
- Resume your application only via Great.Cards to avoid losing Rewards
- If your Rewards do not track, raise a Missing Rewards Ticket within 30 Days from the application date
- Rewards can only be redeemed as Amazon Pay Balance and Flipkart Gift Card
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Fuel
Insurance
DCC (Dynamic Currency Conversion) transactions
International transactions
For Spends Waiver
Fuel
Insurance
DCC (Dynamic Currency Conversion)
Gold and Jewelry
Cash Withdrawals
EMI
Balance Transfer
To maximize the value of the HDFC Shoppers Stop Black Credit Card, you must understand exactly which ...
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To maximize the value of the HDFC Shoppers Stop Black Credit Card, you must understand exactly which ...
To maximize the value of the HDFC Shoppers Stop Black Credit Card, you must understand exactly which transactions do not earn rewards and which spends do not count toward your milestone benefits. The bank excludes fuel purchases, insurance premium payments, international transactions, and DCC (Dynamic Currency Conversion) transactions from earning any First Citizen points. For example, if you pay a Rs. 15,000 yearly life insurance premium using this card, you will earn zero reward points on that specific transaction.
When it comes to calculating overall milestone spends (like the Rs. 50,000 annual fee waiver target), the bank puts further restrictions. Spending on gold and jewelry, cash withdrawals, EMI conversions, and balance transfers are excluded from milestone calculations. If you convert a Rs. 40,000 smartphone purchase into an EMI, that amount will not help you hit your Rs. 50,000 annual fee waiver goal.
View FAQ
Commonly Asked Questions
Which transactions do not earn rewards on this card?
Transactions made on fuel, insurance payments, international transactions, and DCC (Dynamic Currency Conversion) are entirely excluded from earning reward points.
Are fuel transactions excluded from earning rewards?
Yes, you do not earn any First Citizen points when buying fuel. However, you do get a 1 percent fuel surcharge waiver up to Rs. 500 per month.
Are insurance premium payments excluded from rewards?
Yes, paying for health, life, or vehicle insurance premiums with this card will not yield any reward points in your account.
Does buying gold count toward my annual fee waiver milestone?
No, purchases made in the Gold and Jewelry category are excluded from your milestone spending calculations.
Do EMI transactions help me reach the Rs. 50,000 fee waiver?
No, converting a transaction into an EMI excludes it from milestone tracking. Only standard retail spends count toward the waiver.
What happens if I accidentally make a payment in an excluded category?
The transaction processes normally and clears your bill, but you will not earn any reward points or milestone progress for that specific spend amount.
Does paying rent with this card earn reward points?
Rent payments are excluded from reward programs and incur a 1 percent transaction fee on the total amount.
Do cash withdrawals earn any points?
No, cash withdrawals earn zero points, do not count toward milestones, and attract a 2.5 percent fee immediately.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 3.50% |
APR Fees Finance charges of 3.75% per month (45% per annum) apply on unpaid outstanding balances until the amount is fully repaid | 3.75% |
ATM withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable). | 2.50% |
Reward Redemption Fees A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request. | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge 1% railway ticket purchase fee applies. | 1% |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees A fee of ₹100 is charged for payments made through cheque | ₹100 |
Cash Payment Fees A cash payment fee of ₹100 is applicable, when card bill is paid using cash at HDFC Bank branches. | ₹100 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 – ₹100 | ₹0 |
| ₹101 – ₹500 | ₹100 |
| ₹501 – ₹1,000 | ₹500 |
| ₹1,001 – ₹5,000 | ₹600 |
| ₹5,001 – ₹10,000 | ₹750 |
| ₹10,001 – ₹25,000 | ₹900 |
| ₹25,001 – ₹50,000 | ₹1,100 |
| ₹50,000+ | ₹1,300 |
Understanding the fee layout of the HDFC Shoppers Stop Black Credit Card ensures you don't face unexp...
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Understanding the fee layout of the HDFC Shoppers Stop Black Credit Card ensures you don't face unexp...
Understanding the fee layout of the HDFC Shoppers Stop Black Credit Card ensures you don't face unexpected charges on your monthly statement. The card offers a mix of premium pricing with highly accessible waiver thresholds compared to standard market rates.
The Joining Fee is set at Rs. 4,500 plus applicable GST. This is a one-time charge applied to your first statement. The joining fee is waived off if you spend Rs. 50,000 within the first 90 days of card issuance, offering instant relief for active spenders.
The Annual or Renewal Fee is also Rs. 4,500 plus GST, applicable from the second year. To avoid this, you simply need to spend Rs. 50,000 in a year. For example, spending just Rs. 4,500 a month on groceries will trigger this waiver, saving you the entire renewal cost.
The APR or Interest Rate is 3.75 percent per month, which annualizes to 45.0 percent. If you carry an unpaid balance of Rs. 10,000 past the due date, the bank charges you exactly Rs. 375 in interest for that month, plus GST.
Late Payment Charges follow a strict slab system. If your outstanding balance is zero, the fee is Rs. 0. For balances between Rs. 101 to Rs. 500, the fee is Rs. 100. For Rs. 501 to Rs. 1,000, it is Rs. 500. This scales up to a maximum fee of Rs. 1,300 for balances above Rs. 50,000. If you miss a payment on a Rs. 3,000 bill, you will be hit with a Rs. 600 penalty.
The Foreign Transaction or Forex Markup Fee is 3.5 percent. This applies to any international POS or online payment charged in a foreign currency. If you spend USD 100 abroad (roughly Rs. 8,300), the bank adds a Rs. 290 markup fee to your statement.
The ATM Cash Withdrawal Fee is a heavy 2.5 percent of the withdrawn amount, subject to a minimum of Rs. 500. If you use this card to withdraw Rs. 2,000 from an ATM, you will pay the minimum Rs. 500 fee, making cash advances extremely expensive.
The Rent Payment Convenience Fee is 1 percent of the transaction amount. If you pay a monthly rent of Rs. 20,000 using this credit card through a third-party app, the bank levies a Rs. 200 convenience fee on top of any platform charges.
A Railway Surcharge of 1 percent applies to transactions made for booking railway tickets. If you book a train ticket worth Rs. 4,000, expect a Rs. 40 surcharge added to your billing amount.
A Cash Payment Fee of Rs. 100 is charged per deposit. If you walk into an HDFC branch and hand over physical cash to clear your credit card bill, the bank charges you Rs. 100 for processing that cash.
A Cheque Payment Fee also applies for offline payments. The bank charges Rs. 25 if your cheque value is up to Rs. 5,000, and Rs. 50 if the cheque value is above Rs. 5,000. Always pay online via net banking or UPI to avoid this charge.
Finally, a Reward Redemption Fee of Rs. 99 plus applicable GST is charged per redemption request. If you redeem 10,000 points for a Rs. 2,500 voucher, you pay Rs. 116 (including GST) to access your rewards, reducing your net gain slightly.
| Fee Type | Amount / Rate |
|---|---|
| Joining Fee | Rs. 4,500 (Waivable) |
| Annual Fee | Rs. 4,500 (Waived on Rs. 50,000 spend) |
| Interest Rate (APR) | 3.75% per month (45.0% per annum) |
| Forex Markup | 3.5% |
| Cash Withdrawal Fee | 2.5% (Minimum Rs. 500) |
| Reward Redemption Fee | Rs. 99 + GST |
| Rent Payment Fee | 1% of transaction |
| Cash Payment Fee | Rs. 100 per deposit |
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The card charges a joining fee of Rs. 4,500 plus GST, which is waived if you spend Rs. 50,000 within the first 90 days.
What is the annual or renewal fee?
The annual fee is Rs. 4,500, but it is fully waived if you meet the spending criteria.
Is there an annual fee waiver based on spending?
Yes, the annual fee is waived if you spend Rs. 50,000 or more in a year on your card, which equals just Rs. 4,167 a month.
How can I get this card lifetime free?
You ensure it remains free for life by routing at least Rs. 50,000 of your regular annual expenses through the card to trigger the automatic waiver.
What is the interest rate (APR) if I don't pay my full balance?
Finance charges of 3.75 percent per month, which equals 45.0 percent per annum, apply on any unpaid outstanding balances.
How is the interest calculated on outstanding balances?
Interest accrues daily on your unpaid amount. A Rs. 10,000 unpaid balance attracts Rs. 375 in interest over a single month.
What are the late payment charges?
Late fees range from Rs. 0 to Rs. 1,300 depending on your outstanding amount. A missed payment on a Rs. 3,000 bill incurs a Rs. 600 fee.
What is the forex markup for international transactions?
A 3.5 percent forex markup is charged. Spending USD 100 (approx Rs. 8,300) adds a fee of Rs. 290 to your bill.
Can I withdraw cash using my credit card?
Yes, but it is expensive. A 2.5 percent fee applies to the withdrawn amount, subject to a minimum of Rs. 500.
Are there fees for paying rent with this card?
Yes, 1 percent of the transaction amount is charged as a fee on rent payment transactions, alongside applicable GST.
Is there a fee for paying my bill in cash?
Yes, if you deposit physical cash at an HDFC branch to clear your bill, you will be charged a Rs. 100 cash payment fee.
What are the charges for cheque payment of bills?
You will be charged Rs. 25 for cheque values up to Rs. 5,000 and Rs. 50 for cheque values above Rs. 5,000.
Are there charges for railway ticket bookings?
Yes, a surcharge of 1 percent is applied to transactions made specifically for booking railway tickets.
Is there a fee to redeem my reward points?
Yes, a reward redemption handling fee of Rs. 99 plus applicable GST is charged for every redemption request.
Who Should Get This Card?
The ideal user for the HDFC Shoppers Stop Black Credit Card is a brand-loyal shopper who travels heavily. If your wardrobe consists mostly of Shoppers Stop private labels and you catch a flight at least once a month, this card is a goldmine. Earning 20 points per Rs. 100 translates to a massive return on shopping, and the 24 annual lounge visits ensure you wait for your flights in luxury.
Conversely, you should avoid this card if you rarely shop at retail apparel stores or do not fly. If your monthly expenses are mostly on groceries, utility bills, and online food delivery, you will only earn the base rate of 5 points per Rs. 100 (a 1.25 percent return). In that case, a standard cashback card serves you better.
Credit Limit and What to Expect
Your credit limit is not a fixed number; it is customized based on your financial profile. When HDFC approves your Shoppers Stop Black Credit Card, they evaluate your Rs. 70,000 minimum monthly income, your CRIF score of 720 or above, and your existing debt obligations. High-income applicants with pristine credit scores receive premium credit limits that support luxury shopping and international travel bookings.
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Commonly Asked Questions
What will my starting credit limit be?
Applicants with an income of Rs. 70,000 receive a starting credit limit between Rs. 1,50,000 and Rs. 3,00,000 based on their specific credit profile and bank policy.
Can I request a higher limit immediately after getting the card?
You must use the card responsibly for at least 6 months before the bank considers any proactive credit limit enhancement requests.
Will my limit increase if I spend heavily at Shoppers Stop?
Consistent high usage combined with timely full payments ensures you receive automated credit limit increase offers from the bank.
Is the credit limit shared with my other HDFC cards?
Yes, if you hold multiple HDFC credit cards, the bank assigns a consolidated shared credit limit across all active cards.
Can I set daily transaction limits on my card?
Yes, you can use the HDFC mobile banking app or internet banking portal to set custom daily limits for online, POS, and contactless transactions.
What happens if I spend more than my credit limit?
If you exceed your assigned limit, the transaction will be declined, or the bank will approve it while levying an over-limit penalty of 2.5% of the over-limit amount (minimum Rs. 500).
How to Apply?
Applying for the HDFC Shoppers Stop Black Credit Card is a fully digital and secure process. Start by visiting the official HDFC Bank website or the Shoppers Stop credit card portal. You will need to enter your PAN number, mobile number linked to your Aadhaar, and basic employment details. The system will run a soft check on your credit profile to instantly verify your eligibility.
Once you pass the initial check, you can proceed to the Video KYC stage. This step eliminates the need for physical paperwork. Keep your original PAN card ready, ensure you are in a well-lit room, and have a stable internet connection. An executive will connect with you via video call to verify your identity and capture your signature digitally. Following successful verification, the card is approved and dispatched to your registered address within 7 working days.
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Commonly Asked Questions
Where can I apply for this credit card?
You can apply online through the official HDFC Bank website, partner financial platforms, or physically by visiting an HDFC branch.
What is Video KYC and is it mandatory?
Video KYC is a digital verification process replacing physical document submission. It speeds up the approval process significantly, though you can opt for physical KYC if needed.
What do I need for a successful Video KYC call?
You must have your original physical PAN card, a blank white paper with a blue/black pen for a live signature, and a strong internet connection.
How long does the approval process take?
After completing the Video KYC successfully, the bank processes your application and issues the card within 7 working days.
How can I track my application status?
You will receive a unique Application Reference Number via SMS. You can use this number on the HDFC Bank track application portal to check your real-time status.
Can I apply if I already hold another HDFC credit card?
Yes, HDFC allows you to hold multiple cards, with approval and shared limits based on your existing credit usage and internal bank policies.
What happens if my Video KYC gets disconnected?
If your call drops due to internet issues, the link remains active for 48 hours. You can rejoin the queue or schedule a callback through the same application portal.
That’s the full story of this credit card
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Top Benefits
Apply and get ₹1100 Rewards
Top Benefits
Earn 7% Reward Points on Shoppers Stop
Spends on all online and offline purchases at Shoppers Stop, capped at 2,000 reward points per month
Enjoy 16 Domestic and 8 International Lounge
Visits per year (maximum 4 domestic and 2 international per quarter)
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