Are you tired of the same old credit cards with their mundane rewards and lackluster benefits? Explore the HDFC Shoppers Stop Credit Card benefits !
This card is perfect for the shopaholics out there who want to maximize their rewards while indulging in their favorite pastime. With exclusive discounts, cashback offers, and bonus reward points, this card is a shopaholic’s dream come true.
With exclusive benefits and perks, this card is a must-have for all you shopaholics out there.
Key Highlights of the HDFC Shoppers Stop Credit Card
The Shoppers Stop HDFC Bank Credit Card is a premium credit card that comes with a host of exciting features. It’s a co-branded card that allows you to earn First Citizen Points, which can be redeemed at Shoppers Stop stores.
Features and Benefits of the Shoppers Stop HDFC Bank Credit Card
The Shoppers Stop HDFC Bank Credit Card is loaded with features and benefits that make it stand out from the crowd. Here are some of the key features and benefits:
The Shoppers Stop HDFC Bank Credit Card is not only a great shopping companion but also a valuable financial tool. Let’s dive deeper into its features and benefits to understand how it can add value to your life.
- Card Type: The Shoppers Stop HDFC Bank Credit Card is a co-branded credit card that provides several benefits and rewards to the users.
- First Citizen Points: One of the key features of this card is the First Citizen Points system. You can earn 6 First Citizen Points for every Rs. 150 spent on Shoppers Stop private label brands, capped at 500 First Citizen Points per month. Additionally, you can earn 2 First Citizen Points for every Rs. 150 spent on all other Shoppers Stop brands and other category spends (except fuel and wallet). Each First Citizen point is equivalent to 60 paise.
- Lifetime Free Card: The Shoppers Stop HDFC Bank Credit Card is a lifetime free card, which means you don’t have to pay any annual or renewal fees.
- Complimentary Shoppers Stop Membership: On getting this credit card, you will be automatically enrolled as a Shoppers Stop First Citizen member, which provides exclusive benefits and rewards.
- Fuel Surcharge Waiver: This card offers a 1% fuel surcharge waiver of up to Rs. 250 per statement cycle, across all fuel stations in India.
- Welcome Benefit: Upon activation of the card, you can avail of a welcome benefit of Rs. 500 worth Shoppers Stop voucher, redeemable on minimum shopping of Rs. 3,000 at Shoppers Stop stores (w.e.f. 5th Dec,2022).
- Milestone Benefit: On spending Rs. 2 Lakhs annually, you can earn 2000 First Citizen Points as a milestone benefit.
- Smart EMI: The Shoppers Stop HDFC Bank Credit Card comes with a smart EMI option, which allows you to convert your big spends into EMI after purchase.
- Contactless Payment This card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets. You can simply tap your card on the terminal to make a payment. However, please note that in India, payment through contactless mode is allowed for a maximum of Rs. 5000 for a single transaction where you are not asked to input your Credit Card PIN. If the amount is higher than or equal to Rs. 5000, the Cardholder has to enter the Credit Card PIN for security reasons.
- Reward Point/Cashback Redemption and Validity You can earn First Citizen Points for every Rs. 150 spent on all retail transactions. The accrued points will reflect in your Shoppers Stop membership account and can only be redeemed on Shoppers Stop platform/outlets.
Eligibility Criteria for HDFC Shoppers Stop Credit Card
To apply for the Shoppers Stop HDFC Bank Credit Card, you need to meet certain eligibility criteria based on your employment type.
- Salaried individuals need to have a minimum income of Rs. 21,000 per month, while
- Self-employed individuals need to have a minimum income of Rs. 2 Lakhs per annum.
- Additionally, you need to have a good credit score and meet other requirements as per HDFC Bank’s policies and procedures.
Fees and Charges of the Shoppers Stop HDFC Bank Credit Card
As with any credit card, it’s important to be aware of the fees and charges associated with the Shoppers Stop HDFC Bank Credit Card. Here’s a breakdown of the fees and charges you can expect:
- Joining Fee: NIL
- Annual Fee: Nil
- Cash Advance Fee: 2.5% of the amount withdrawn, subject to a minimum of Rs. 500
- Overlimit Charges: 2.5% of the overlimit amount, subject to a minimum of Rs. 500
- Late Payment Charges:
- Rs. 100 for statement balance up to Rs. 500
- Rs. 500 for statement balance between Rs. 501 and Rs. 5,000
- Rs. 600 for statement balance between Rs. 5,001 and Rs. 10,000
- Rs. 800 for statement balance between Rs. 10,001 and Rs. 25,000
- Rs. 950 for statement balance above Rs. 25,000
- Foreign Currency Mark-up Fee: 3.5% of the transaction amount (excluding taxes), levied on all foreign currency transactions made using the credit card.
Please note that the fees and charges mentioned above are subject to change, and you should check with HDFC Bank for the latest information.
How to Apply for the Shoppers Stop HDFC Bank Credit Card ?
- Click on Apply Now Section Below: This will redirect you to the personalized page where you can enter your personal details.
- Register on the HDFC Bank website: Once you are redirected to the official website of HDFC Bank, you need to register and apply for a credit card.
- Enter and verify mobile number: You need to enter and verify your mobile number.
- Enter the PAN number: Next, you need to enter your PAN number.
- Choose KYC options: You have the option to choose KYC options. Aadhaar-based KYC is recommended for better chances of approval.
- Accept the terms and conditions of EKYC: You need to accept the terms and conditions of EKYC.
- Complete EKYC using your Aadhaar card: You need to complete EKYC using your Aadhaar card.
- Fill in personal details: You need to fill in details like office address, current address, and employment type (for the salaried customer must enter their official email id).
- Document verification: After successful document verification, if you are eligible, the card will be approved.
It’s as simple as that! By following these easy steps, you can apply for the Shoppers Stop HDFC Bank Credit Card from the comfort of your home.
In conclusion, the Shoppers Stop HDFC Bank Credit Card is a great choice for frequent shoppers at Shoppers Stop outlets. The card comes with many benefits, including lifetime free card, complimentary Shoppers Stop membership, contactless payment, and smart EMI option. Cardholders can earn First Citizen Points for every ₹150 spent on all retail transactions and redeem them for Shoppers Stop vouchers. Moreover, the card offers fuel surcharge waiver, welcome benefit, milestone benefit, and a reward point/cashback redemption process.
FAQS (Frequently Asked Questions)
What is Shoppers Stop HDFC Bank Credit Card?
Shoppers Stop HDFC Bank Credit Card is a co-branded credit card designed for customers who shop frequently at Shoppers Stop and wish to avail exclusive benefits and rewards while making purchases. It comes with a lifetime free feature and offers complementary Shoppers Stop Membership to its users.
What are the benefits of having a Shoppers Stop HDFC Bank Credit Card?
Cardholders can avail of multiple reward points on shopping purchases, and redeem them later against further purchases at Shoppers Stop. They also get special offers on delivery and grocery platforms such as Swiggy, Zomato, and BigBasket. Additionally, cardholders can enjoy a 1% fuel surcharge waiver across all fuel stations in India.
Can I redeem my reward points for cash or credit?
No, you cannot redeem your reward points for cash or credit. The points can only be redeemed on purchases made in Shoppers Stop outlets or online through the Shoppers Stop website.
What is the eligibility criteria for applying for a Shoppers Stop HDFC Bank Credit Card?
For salaried Indian citizens, the minimum age of the applicant should be 21 years and the maximum age should be 60 years with a net monthly salary of Rs. 20,000 or more. For self-employed Indian citizens, the minimum age should be 21 years and the maximum age should be 65 years, and they should have submitted an ITR of Rs. 6 Lakhs or more.
Is there any joining or renewal fee for the Shoppers Stop HDFC Bank Credit Card?
No, there is no joining or renewal fee for the Shoppers Stop HDFC Bank Credit Card.
How long are the Shoppers Stop reward points valid?
The Shoppers Stop reward points are valid for one year from the date of issue.