Shoppers Stop Black HDFC Bank Credit Card

7% Shoppers Stop point earn, valued at ₹0.20 per point for statement cash.

How this estimate works

The Shoppers Stop Black HDFC Bank Credit Card earns 7% of eligible Shoppers Stop purchases in reward points, capped at 2000 points/calendar month; other eligible purchases earn 2%, capped at 2000 points/month. The purchase must be at least ₹150. The special Shoppers Stop chip assumes a recognized store or official-site transaction. This cash-only estimate values points at ₹0.20 toward statement credit after a 500-point minimum, rather than the issuer's ₹1/point Shoppers Stop voucher option. It assumes one qualifying purchase per month, one redemption after one year, deducts one ₹50 plus estimated GST cash-redemption fee, then deducts the ₹4500 plus estimated GST first-year joining fee separately. If fewer than 500 points accrue in the first year, this model assigns zero first-year redemption value even though points last two years. Fuel, supermarkets/groceries, wallet, rent, government, tax, EMI and insurance earn zero here. Store weekend offer, welcome voucher, loyalty membership, lounge and fuel surcharge waiver values are not counted. The issuer card page and its terms table say 2% other eligible spend, while another paragraph in the terms says 1%; this model follows the current page and table. Check your statement if this conflict matters.

Issuer terms

Issuer card and redemption · Issuer fee · Issuer reward terms

Terms checked 29 September 2026. Cash redemption is not the higher-value Shoppers Stop voucher option.