HDFC Shoppers Stop Credit Card

Eligibility Criteria

Want a shopping credit card to reward your urge to shop till you drop? Look no further than the HDFC Shoppers Stop Credit Card. This co-branded credit card extends several fringe benefits to frequent shoppers and more so those who love to indulge at Shoppers Stop. Let us take a look at the details of this exciting card and see if this is the right fit for you.

Card Details

The HDFC Shoppers Stop Credit Card is a co-branded product from HDFC Bank, one of India’s leading private sector banks, and Shoppers Stop, a premier retail chain. Following are the details:

– Issuer: HDFC Bank

– Type of Card: Co-branded Retail Credit Card

– Annual Fee: ₹500 + GST (waived on spends of ₹1,00,000 or more annually)

– Joining Fee: ₹500 + GST

– Interest Rate: 3.49% per month (41.88% per annum)

Eligibility Criteria

An applicant can apply for an HDFC Shoppers Stop Credit Card if they meet the following eligibility criteria:

1. Age: 21-60 years

2. Income: ₹3,00,000 as minimum annual income

3. Work: Salaried Employees or Self-employed Professionals

4. Credit Score: Good credit score, preferably 750+

5. Residence: Indian Resident

Just satisfying these criteria does not essentially mean that your application will be approved since HDFC Bank reserves the right to approve or reject applications based on their internal policies.

Documents Required

While applying for an HDFC Shoppers Stop Credit Card, you have to attach the following documents along with the form:

1. Duly filled and signed application form

2. Recent passport-sized photograph

3. Identity Proof: Any one PAN Card, Aadhaar Card, Passport, Voter ID

4. Address Proof: Any one Aadhaar Card, Passport, Driving License, Utility Bill not older than 3 months

5. Income Proof:

                * Salaried: Latest 3 months’ salary slips and Form 16

– For Self-employed: Latest ITR with computation of income and audited financial statements

Card Features & Benefits

The HDFC Shoppers Stop Credit Card comes loaded with features that complement your shopping experience in every way:

1. Welcome Benefits:

   – 1,000 Shoppers Stop First Citizen Points on card activation

   – Additional 1,000 points on spends of ₹5,000 within 60 days of card issuance

2. Reward Points:

– 10 First Citizen Points for every ₹100 spent at Shoppers Stop

   – 5 First Citizen Points for every ₹150 spent elsewhere

3. Shoppers Stop Privileges:

   – 5% discount on all purchases at Shoppers Stop

   – Additional 10% off during End of Season Sale

   – Exclusive preview sales and special offers

4. Dining Benefits:

• Up to 15% off at participating restaurants across India

5. Fuel Surcharge Waiver:

   • Waiver of 1% fuel surcharge on transactions between ₹400–₹5,000

6. EMI Options:

   • Convert high-value buys to easy EMIs

7. Insurance Cover:

   • Air Accident Insurance of ₹50 lakhs

   • Lost Card Liability up to ₹1 lakh

Card Description

The HDFC Shoppers Stop Credit Card targets fashion-conscious people who shop frequently at Shoppers Stop and other retail outlets. On the face of the card, one would find the Shoppers Stop logo very upfront, making it easily recognizable.

This will prove most advantageous to a person who is quite trendy and in love with frequent shopping. With such a generous reward structure, cardholders would quickly gain points, more so on purchases made at Shoppers Stop. These can, in turn, be redeemed for further shopping, creating a cycle of savings and rewards.

It also has a good balance in terms of features beyond Shoppers Stop, including dining discounts and fuel surcharge waivers, so you can use it for day-to-day transactions. The EMI conversion feature is another flexibility for big-ticket purchases so that you may manage your finances better.

Though an annual fee is associated with the card, it could be waived off with moderate annual spends—thus economical for regular shoppers.