Best Credit Card

All Benefits

  • Receive a ₹500 welcome voucher redeemable at Shoppers Stop on card activation
  • Enjoy complimentary Shoppers Stop Silver Edge membership worth ₹350
  • Earn 3% Reward Points on every purchase made at Shoppers Stop
  • Earn 1% Reward Points on non-Shoppers Stop spends
  • Get Reward Points worth ₹500 per month on spending ₹15,000 or more on weekends at Shoppers Stop
  • Avail a 1% fuel surcharge waiver on fuel transactions, as per bank terms
  • Make quick and secure payments with contactless card functionality
  • Convert large purchases into SmartEMI after transaction completion

Fees

Joining Fee Get a ₹500 Shoppers Stop voucher, redeemable on any purchase at Shoppers Stop, effectively offsetting the joining fee.
₹353
₹299 + GST
Annual Fee N/A
₹353
₹299 + GST

Eligibility

Age
21-60 years
Salary
₹25K / Month
Credit Score
725+

Bank Fee Structure

Forex Markup 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. Examples (3.5%): ₹100 → ₹3.5 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.50%
Finance Charges (APR) Finance charges of 3.75% per month (55.55% 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ATM Withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable).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 Reward redemption fees (HDFC Shoppers Stop Credit Card): • ₹50 for redeeming points as statement credit (cashback) • ₹99 + taxes handling fee for catalog/voucher/product redemptions • Shoppers Stop voucher redemption usually at ₹1 = 1 point
₹99
Railway Surcharge Typically ₹30 + 2.5% railway surcharge ; varies by card/gateway.
₹30 + 2.5%
Rent Payment 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges
1%
Cheque Payment A fee of ₹100 is charged for payments made through cheque
₹100
Cash Payment ₹100 cash payment fee per deposit.
₹100

Late Payment Charges

Amount dueFee
₹0 - ₹100₹0
₹101 - ₹500₹100
₹501 - ₹5000₹500
₹5001 - ₹10,000₹600
₹10,001 - ₹25,000₹800
₹25,001 - ₹50,000₹1100
₹50,000 and above₹1300

Additional ₹100 is charged if Minimum Amount Due remains unpaid for two consecutive cycles, continuing until cleared.

No Rewards On

Fuel TransactionsRent PaymentsWallet LoadsCash Transactions (including cash advances and withdrawals)Outstanding PaymentsGovernment-Related PaymentsEducation PaymentInsurance PaymentsEMI Transactions

Excluded Spends

Fuel TransactionsRent PaymentsWallet LoadsCash Withdrawals and Cash AdvancesEMI TransactionsPayment of Card FeesChargesInterestor PenaltiesGovernment PaymentsEducation TransactionsInsurance PaymentsGift Card or Voucher Purchases

Terms & Conditions

  • The bank may offer a different card variant based on your eligibility; please review the features and benefits of the card offered carefully before submitting your application
  • A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card, failing which you will not be eligible for rewards.

Full charges and terms: Bank MITC / Terms