M16S / HDFC Bank / Shoppers Stop Black HDFC Bank Credit Card
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Shoppers Stop Black HDFC Bank Credit Card
The Shoppers Stop Black HDFC Bank Credit Card costs Rs 4,500 a year. Its base return is 2% (2% in points on non-Shoppers Stop spends). Accelerated earn: 7% in points on Shoppers Stop purchases. The forex markup is 3.5%. Lounge visits in India: 16 per calendar year (4 per quarter). Abroad: 8 per calendar year (2 per quarter). Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 4,500+ GST
- Fee waived at
- —
- Base return
- 2%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
What changed on this card
- HDFC Bank adds 1.75% markup on INR spends at overseas merchants, May 2026
From 15 May 2026, a markup fee of 1.75% applies on all transactions in Indian currency at an international location, or at merchants located in India but registered overseas. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank adds 1% fee on wallet loads and gaming above Rs 10,000, Jul 2025
A 1% fee applies on wallet loading (excluding PayZapp) and on online skill-based gaming spends above Rs 10,000 in a calendar month. Each fee is capped at Rs 4,999 per month. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank stops rewards on online skill-based gaming from Jul 2025
Online skill-based gaming transactions no longer earn Reward Points or CashPoints on any HDFC Bank credit card from 1 July 2025. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank caps insurance reward points per month from Jul 2025
Reward Points on insurance transactions are capped at 10,000 a month for Infinia and Infinia (Metal Edition), 5,000 a month for Diners Black Metal Edition and Diners Black, and 2,000 a month for all other credit cards. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank caps utility and telecom Reward Points at 2,000 a month, Sep 2024
From 1 Sep 2024 Reward Points earned on utility transactions are capped at 2,000 per calendar month, and Reward Points earned on telecom transactions are capped at 2,000 per calendar month. Millennia, UPI, Swiggy, Paytm and a few other cards keep their own product feature caps. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank stops rewards on education paid via third party apps, Sep 2024
From 1 Sep 2024 education payments made through third party apps such as CRED, Cheq and MobiKwik earn no Reward Points, and points already earned there are reversed. Payments made directly to schools and colleges are not covered by this line. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank Shoppers Stop Black adds rent, fuel, utility, education fees, Aug 2024
From 1 Aug 2024 a 1% fee applies to rent paid through apps, to fuel above Rs 15,000 per transaction, to utilities above Rs 50,000 per transaction and to education paid through third party apps, each capped at Rs 3,000 per transaction. The notice also sets an Easy-EMI processing fee of up to Rs 299 and a Rs 50 fee for redeeming rewards as statement credit. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 4,500 |
|---|---|
| Annual fee | Rs 4,500 |
| Fee notes | Joining/renewal fee Rs 4,500 + taxes (page); no spend-based waiver (MITC: NA). |
Rewards
| Welcome benefit | Shoppers Stop voucher worth Rs 1,500; complimentary Shoppers Stop Black membership worth Rs 4,500 |
|---|---|
| Reward currency | Reward Points (First Citizen) |
| Base earn | 2% in points on non-Shoppers Stop spends |
| Base return | 2% |
| Point value | 1 point = Re 1 as Shoppers Stop voucher; Rs 0.50 SmartBuy flights/hotels; up to 0.5 airmile; Rs 0.35 product catalogue; Rs 0.20 cashback (page) |
| Accelerated earn | 7% in points on Shoppers Stop purchases |
| Capsunverified | Grocery spends capped at 1,000 points per month (page); 2,000 points/month on Shoppers Stop spends and 2,000/month on other spends (aggregator, not on page) |
| Spends that earn nothingunverified | No points on rent and government payments (page). Aggregator adds wallet, fuel, supermarkets, tax, EMI, liquor stores, bakeries, cash advances, insurance. |
| Points expiry | 2 years |
| Milestone benefits | Reward Points worth Rs 2,000 per month for a purchase of Rs 50,000 or more at Shoppers Stop on weekends |
| Reward notes | Redemption fee Rs 99 + GST (Rs 50 for cashback). Base return = 2% in points x Re 1 per point as Shoppers Stop voucher, both stated on the issuer page. |
Travel and perks
| Domestic lounge | 16 per calendar year (4 per quarter) |
|---|---|
| International lounge | 8 per calendar year (2 per quarter) |
| Forex markupunverified | 3.5% |
| Fuel surcharge waiver | 1%, cap Rs 500 per statement cycle (page; Rs 400-5,000 txn band per MITC) |
| Other freebies | Air accident cover Rs 3 crore, overseas hospitalisation Rs 50 lakh, credit liability Rs 9 lakh; Shoppers Stop Black membership |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | On outstanding balance: up to Rs 100 nil; 101-500 Rs 100; 501-1,000 Rs 500; 1,001-5,000 Rs 600; 5,001-10,000 Rs 750; 10,001-25,000 Rs 900; 25,001-50,000 Rs 1,100; above 50,000 Rs 1,300 (MITC) |
| Cash advance fee | 2.5% of amount, min Rs 500 |
| Eligibility | Salaried: age 21-60, income Rs 70,000/month; self-employed: age 21-65, annual income above Rs 8.4 lakh |
| Fine-print notes | Monthly cap of 2,000 points on each tier limits the 7% and 2% rates to about Rs 28,500 and Rs 1 lakh of spend. Issuer product page read 2026-10-12. Conflicts (issuer page used): milestone_benefits: old 'Rs 1,500 voucher on a single Rs 50,000+ purchase Fri-Sun' (cardinsider) vs page 'Reward Points worth Rs 2,000 per month' | welcome_benefit: aggregator 'vouchers worth Rs 4,500' vs page 'voucher worth Rs 1,500' plus membership worth Rs 4,500. Bank-wide charges per MITC: 1% fee on rent payments (cap Rs 4,999/txn); 1% on utility spends above Rs 50,000/month (Rs 75,000 on business cards); 1% on wallet loads above Rs 10,000/month (PayZapp exempt); 1% on fuel spends above Rs 15,000/month (Rs 30,000 business); 1% on online skill gaming above Rs 10,000/month; 1% on education paid via third-party apps; 1% + GST on railway tickets; 1.75% markup on INR transactions at overseas merchants from 15 May 2026. Points lapse if the card is unused for 365 days. |
Questions
- What is the annual fee of the Shoppers Stop Black HDFC Bank Credit Card?
- Rs 4,500 a year, before GST.
- Does the Shoppers Stop Black HDFC Bank Credit Card give airport lounge access?
- Yes. In India: 16 per calendar year (4 per quarter). Outside India: 8 per calendar year (2 per quarter).
- What is the forex markup on the Shoppers Stop Black HDFC Bank Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Shoppers Stop Black HDFC Bank Credit Card?
- No points on rent and government payments (page). Aggregator adds wallet, fuel, supermarkets, tax, EMI, liquor stores, bakeries, cash advances, insurance.