Shoppers Stop Black HDFC Bank Credit Card: In this comprehensive review, we dive into the world of the Shoppers Stop Black HDFC Bank Credit Card. If you’re a frequent shopper at Shoppers Stop outlets, this card might just be your perfect companion. With a plethora of enticing features and perks, it’s more than just a credit card. Let’s explore what makes this card stand out from the crowd.
Fees and Charges
Joining Fee
When you opt for the Shoppers Stop Black HDFC Bank Credit Card, you’ll be looking at a Joining Fee of Rs 4500+GST, which amounts to approximately Rs 5310.
Annual Fee
The Annual Fee for this card is also Rs 4500+GST, approximately Rs 5310.
Membership Benefit
For fashion enthusiasts, here’s the exciting part – you receive a complimentary First Citizen Black membership for as long as your card remains active.
Welcome Benefit
Upon card activation, you’ll get a fabulous Rs 1500 voucher, redeemable on a minimum shopping of Rs 5000 at Shoppers Stop stores on private label brands.
The Shoppers Stop Black HDFC Bank Credit Card Review: Fees and Charges While it’s true that this card offers a complimentary First Citizen Black membership, it’s essential to note that you’re effectively paying for it through the annual fee. The standalone price for FC Black membership at Shoppers Stop outlets is also Rs 4500, inclusive of taxes. So, the net benefit equals zero, considering the GST over and above.
First Citizen Black Membership Benefits
The First Citizen Black membership is an exclusive loyalty benefit for Shoppers Stop patrons. Unlike other loyalty programs, it comes at a fee, but the advantages are remarkable.
- Earn 10% First Citizen reward points on purchases.
- Enjoy queue-free billing and your personal shopper.
- Access exclusive lounges where available.
- Indulge in complimentary beauty services during your birthday and anniversary month.
- Participate in the Annual Black Day – an exclusive sale for members.
- Benefit from doorstep delivery for purchases and alterations.
- Get reward points reimbursement equivalent to parking fees.
Rewards
Category Rewards
- Shoppers Stop Private Label Brands: Earn 20 FC (First Citizen) points per Rs 150, which translates to an impressive 8% reward rate. You can accumulate up to 2000 FC points per month.
- Other Shoppers Stop Brands: Bag 15 FC points per Rs 150, equivalent to a 6% reward rate. The monthly cap is set at 2000 FC points.
- Grocery Spends: Collect 5 FC points per Rs 150, offering a 2% reward rate. You can earn up to 1000 FC points per month.
- Other Spends: For miscellaneous expenses, you’ll still earn 5 FC points per Rs 150, without a monthly limit.
- Rent, Government, Gold, Jewellery, Fuel, and Wallet: Unfortunately, there are no rewards available for these categories.
The Shoppers Stop Black HDFC Bank Credit Card Review: Rewards FC points serve as the reward currency specifically designed for Shoppers Stop outlets. The private label brands, which you can shop from, include Haute Curry, Arcelia, Stop, Fratini, Life, Kashish, Back to Earth, Devon North, Fern, Ivy, Harissa, Karrot.
Rewards Redemption
Your accrued reward points will be visible in your connected Shoppers Stop membership account, using the same mobile number linked to your HDFC Bank credit card. These points can be redeemed at a conversion rate of 1 FC point = 60 paise on the Shoppers Stop platform or outlets.
Complimentary Airport Lounge Access
As a Shoppers Stop Black HDFC Bank Credit Card holder, you gain access to:
- Domestic Airport Lounge Access: Enjoy up to 4 visits per calendar quarter to eligible lounges.
- International Airport Lounge Access: Relish 2 visits per calendar quarter.
Other Key Benefits & Charges
- Foreign Currency Markup: A nominal charge of 3.5%+GST, roughly 4.13%.
- Fuel Surcharge Waiver: Avail of a 1% waiver, up to Rs 250 per billing cycle.
- Interest Rate: 3.6% per month or 43.2% per annum.
- Rewards Redemption Fee: Thankfully, there are no additional charges for rewards redemption.
Final Thoughts
The Shoppers Stop Black HDFC Bank Credit Card proves to be a valuable addition to your wallet if you’re passionate about amassing First Citizen points. This card, when combined with the Black membership, can reward you with a remarkable rate of up to 18% on your Shoppers Stop purchases. To put it into perspective, this is quite comparable to what you’d earn with gift vouchers from SmartBuy using the Infinia card.
Ultimately, the decision to get this card hinges on your annual shopping habits at Shoppers Stop. 😉
Frequently Asked Questions
Q: Does the Shoppers Stop Black HDFC Bank Credit Card offer airport lounge access? A: Absolutely! You gain access to both complimentary domestic and international airport lounges with this card.