M16S / Axis Bank / Axis Bank Shoppers Stop Credit Card
entry · shopping, rewards, cobrand
Axis Bank Shoppers Stop Credit Card
The Axis Bank Shoppers Stop Credit Card costs Rs 500 a year, waived if you spend Rs 1,00,000 in a year. Its base return is 0.5% (2 First Citizen points per Rs 200 spent elsewhere, unlimited). The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 500+ GST
- Fee waived at
- Rs 1,00,000annual spend
- Base return
- 0.5%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on axis.bank.inOpens the bank’s own page.
Fees
| Joining fee | Rs 500 |
|---|---|
| Annual fee | Rs 500 |
| Annual spend that waives the fee | Rs 1,00,000 |
| Fee notes | Joining fee Rs 500 (new card issuance only); annual fee Rs 500, waived on cumulative spend of Rs 1 lakh and above (issuer page) |
Rewards
| Welcome benefit | First Citizen points worth Rs 300 on first transaction within 30 days of issuance; complimentary Shoppers Stop vouchers worth Rs 2,250 redeemable at Shoppers Stop and HomeStop (first year only); complimentary Golden Glow membership |
|---|---|
| Reward currency | First Citizen Points |
| Base earn | 2 First Citizen points per Rs 200 spent elsewhere, unlimited |
| Base return | 0.5% |
| Point value | 1 First Citizen point = Rs 0.50 (issuer value chart); credited to the First Citizen loyalty account, redeemable at Shoppers Stop and HomeStop |
| Accelerated earn | 20 First Citizen points per Rs 200 on Shoppers Stop private label brands; 12 per Rs 200 on beauty products and other brands at Shoppers Stop; both unlimited |
| Spends that earn nothingunverified | Transportation and tolls, utilities, insurance, education, government, wallet, rent, fuel |
| Points expiryunverified | Aggregator: no expiry |
| Reward notes | base_return_pct = 2 points per Rs 200 x Rs 0.50 = 0.5%, both from the issuer page (value chart: Rs 750 on Rs 1.5 lakh of other spend). Private labels 5%, other Shoppers Stop brands 3%. |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on Rs 400-5,000 fuel transactions, cap Rs 400 per statement cycle (issuer page) |
| Other freebies | EazyDiner 15% instant discount, up to Rs 500 a month, minimum order Rs 2,500 |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | Nil up to Rs 500 due; Rs 500 (501-5,000); Rs 750 (5,001-10,000); Rs 1,200 (10,001-50,000); Rs 1,300 above 50,000; plus Rs 100 per cycle if minimum due is missed two cycles running |
| Cash advance fee | 2.5% of amount, min Rs 500 |
| Eligibility | Age 18-70; resident of India |
| Fine-print notes | Fees and interest from MITC; rewards from aggregator page of 18 Sep 2026. Product page read 2026-10-12 confirms fees, waiver, earn rates, welcome benefits, 3.5% forex and 3.75% interest. The page says no points on fuel and refers to 'excluded categories' without listing them; point expiry is not stated. Conflicts resolved from issuer page read 2026-10-12: point_value/base_return_pct: old 'not stated', return null -> issuer value chart gives Rs 0.50 per First Citizen point, so base return 0.5% |
Questions
- What is the annual fee of the Axis Bank Shoppers Stop Credit Card?
- Rs 500 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.
- Does the Axis Bank Shoppers Stop Credit Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the Axis Bank Shoppers Stop Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Axis Bank Shoppers Stop Credit Card?
- Transportation and tolls, utilities, insurance, education, government, wallet, rent, fuel