Shoppers Stop HDFC Bank Credit Card

HDFC Bank · Open to apply

HDFC and Shoppers Stop's entry co-brand card: 3 reward points per ₹100 at Shoppers Stop and 1 per ₹100 elsewhere (a point is worth ₹1 at Shoppers Stop), with a ₹500 welcome voucher and Silver Edge membership. ₹299 a year, no spend waiver.

Annual fee
₹299 + GST a year
Joining fee
₹299 + GST
Base rate
1% in reward points on other spends (1 point per ₹100): 1 Reward Points per ₹100 (about 0.2% at cash value)
Lounges
None on record
Forex markup
3.5%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • SmartBuy at IGP, Jockey and PharmEasy, 10% CashBack: 10% in SmartBuy CashBack on top of the base rate (about 10% at cash value)
  • SmartBuy flights and hotels, 5% CashBack on top of the base: 5% in SmartBuy CashBack on top of the base rate (about 5% at cash value)
  • SmartBuy at Myntra, Nykaa, redBus, Zoomcar, Apple (Imagine Tresor) and MakeMyTrip holiday packages, 5% CashBack: 5% in SmartBuy CashBack on top of the base rate (about 5% at cash value)
  • SmartBuy instant brand vouchers, 5% CashBack: 5% in SmartBuy CashBack on top of the base rate (about 5% at cash value)
  • SmartBuy ConfirmTkt train tickets, 1% CashBack: 1% in SmartBuy CashBack on top of the base rate (about 1% at cash value)

Earns nothing on

  • No points on fuel
  • No points on rent, or on government payments and tax
  • No points on wallet loads
  • No points on supermarkets, bakeries and similar food stores
  • No points on insurance
  • No points on EMI of any type
  • No points on jewellery and gold coins
  • No points on online skill-based gaming (from 1 July 2025)
  • No points on education fees paid through third-party apps (from 1 September 2024)

Where the sources disagree

  • points on groceries and insurance: The card T&C (2.2) lists "Supermarkets", "Bakeries" and "Insurance" among the transactions that earn no points. The product page instead caps "accrual of reward points on grocery spends" at 1,000 points a month and its value chart puts "Groceries, Hotel and flights, Dining" in the 1% group; the FAQ's list of non-earning transactions (wallet loads, EMI, account fees, jewellery) names neither; and the MITC's issuer-wide caps (grocery 1,000 points a month and insurance 2,000 a month for "the rest of the cards" and "all other credit cards") assume they earn, though a cap does not itself grant points. Not resolved by any document; the card T&C, the most specific reward document, is used, so groceries and insurance earn 0.
  • terms on HDFC's RuPay listing page: HDFC's RuPay listing page still shows the earlier terms of the RuPay Shoppers Stop card (6 First Citizen points per ₹150 on private labels, 2000 points on ₹2 lakh a year). They were replaced on 1 March 2024 by reward points at 3% and 1%; the T&C and product page are used.

Terms the calculator does not value

  • The weekend offer (reward points worth ₹500 a month on a single Shoppers Stop purchase of ₹15,000 or more over a weekend, once a month and 5 times a year) needs a single large purchase and is not entered.
  • The Silver Edge membership is partner-run and HDFC values it at ₹350; it is not valued here. The reward points are worth ₹1 only against Shoppers Stop vouchers and about ₹0.20 as cashback, so the card's value depends on how the points are used.
  • The rate for UPI spends on the RuPay variant is not stated in the card's T&C or FAQ; HDFC's MITC and RuPay-on-UPI page only say UPI spends earn reward points up to 500 a calendar month. The 1% non-Shoppers Stop rate is assumed. Whether a UPI payment at Shoppers Stop earns the 3% rate depends on Shoppers Stop's terminal IDs and is not stated.
  • The T&C excludes package stores and liquor, vending machines and any other categories HDFC decides later; only the categories the calculator has are entered.
  • SmartBuy cashback applies only to purchases made through the SmartBuy portal. The card is not named in the SmartBuy chart, so it is placed in the "Other credit card (CashBack)" column (5% or 10% on listed categories and merchants, ₹1,000 a month), as for HDFC's other unnamed cards; the chart says it is for "all credit/debit cards" and "may not be applicable for Tata neu" only. The card's own T&C names SmartBuy only for redemption. The chart is valid till 31 March 2027.

Sources

Compare this card · Find the best card for your spending