HDFC Bank Shoppers Stop Black Credit Card

Renewal feeJoining fee

₹4,500 + GST

Add-on card fee

₹0Lifetime Free

Welcome benefit

Welcome Voucher Worth ₹1,500

Reward rate

7% Reward Points on every Shoppers Stop purchase and 2% Reward Points on every non-Shoppers Stop purchase.

EMI spend earning

Reward Points/CashPoints accrued will be reversed if a retail transaction is converted into SmartEMI.

Government spend earning

No Reward Points accrual on spends made on Government category payments.

Groceries earning

Reward Points on Grocery Spends capped at 1000 points per month per customer.

Rent earning

No Reward Points accrual on spends made on Rental category payments.

Reward earning on dining spends

2% Reward Points on all other spends, which includes Dining

Travel earning

2% Reward Points on all other spends, which includes Hotel and flights

Utilities earning

Reward Points earned on Utility transactions will be capped at 2000 Reward Points per calendar month.

Wallet load earning

E-wallet loading transaction will not accrue Reward Points.

Reward exclusions

Fuel, Rent, Government related transactions, EMI, Wallet and Jewellery.

Reward caps

Monthly Capping: Shoppers Stop Spends 7% 2000 RP; Non-Shoppers Stop spends 2% 2000 RP.

Redeeming points for travel

Unified SmartBuy (Flights/Hotels): 1 Reward Point Value 0.5.

Statement-credit redemption

1 Reward Point = ₹0.2.

Voucher and product redemption

1 Reward Point = 1 Rupee when redeemed against Shoppers Stop vouchers.

Point expiry

Reward Points are valid for 2 years.

What one reward unit is worth

Product Catalogue: 0.35; Cash Back: 0.2; Airmiles: Up to 0.5; Unified SmartBuy (Flights/Hotels): 0.5

International lounge access

8 complimentary international lounge accesses.

Domestic lounge access

16 domestic lounge accesses (4 per quarter) per calendar year.

Milestone benefits

Reward Points worth ₹2,000 per month for a purchase of ₹50,000 or above on Shoppers Stop on weekends.

Membership tiers and what unlocks them

Complimentary Shoppers Stop Black membership worth ₹4,500.

Fuel surcharge waiver

1% fuel surcharge waiver

Surcharge on railway tickets

1% of the transaction amount + GST

Air accident cover

Accidental air death cover worth ₹3 crore.

Credit shield cover

Credit liability cover up to ₹9 lakh

Lost card liability

Available on any fraudulent transactions made on your Credit Card if reported immediately to HDFC Bank’s 24-hour Call Centre.

Medical and hospitalisation cover

Emergency overseas hospitalisation up to ₹50 lakh

Balance transfer terms

Balance Transfer Processing Charges: 1% of BT amount or ₹250, whichever is higher.

Purchase to EMI conversion

repay over 9 to 36 months

Forex markup

3.5% on foreign currency transactions.3.5% markup fee

Dynamic currency conversion markup

With effect from 15th May 2026, a markup fee of 1.75% is levied on all transactions carried out in Indian Currency at an international location or at merchants located in India but registered overseas

Cash advance fee

2.5% or ₹500 whichever is higher.

Cash advance interest

All cash advances also carry a finance charge equal to charges on revolving credit, from the date of withdrawal until the date of full payment

Cash withdrawal limit

Cash withdrawal limit: 40% of the Credit Limit.

Interest on unpaid balance

3.75% Monthly, 45.0% Annually

Interest-free period

20 to 50 days interest-free when you pay in full.

Late payment fee

₹100 or less: Nil; ₹101 to ₹500: ₹100; ₹501 to ₹1,000: ₹500; ₹1,001 to ₹5,000: ₹600; ₹5,001 to ₹10,000: ₹750; ₹10,001 to ₹25,000: ₹900; ₹25,001 to ₹50,000: ₹1,100; more than ₹50,000: ₹1,300 (excl. GST)

Over-limit fee

Over-limit charge of 2.5% of the overlimit amount, subject to a minimum of ₹550, applicable on total outstanding exceeding the credit limit, basis explicit consent

Payment return or dishonour fee

2% of Payment amount subject to minimum of ₹450 (applicable for cheque payment return or unsuccessful payment attempt through Autopay facility)

Statement or duplicate statement fee

Duplicate physical statement charges: ₹10 per duplicate physical statement.

Card replacement fee

₹199 for non-metal cards; ₹3,500 for metal cards.

Cash payment / cash deposit fee

₹100 (for all card payments made by depositing in HDFC Bank branches or ATMs)

Education / school fee charge

1% fee on education transactions done through third party applications like (but not limited to) CRED, Nobroker, Cheq etc., capped at ₹4999 per transaction; education transactions done directly through college / school websites or through POS machines at their premises, and international education transactions, will not be charged.

EMI conversion fee

Smart EMI: processing fees levied is upto ₹849 (exclusive of GST), depending on the customer’s eligibility

Fee on online skill-based gaming spends

From 1st July 2025, 1% fee on online skill-based gaming spends exceeding ₹10,000 in a calendar month; fee applied on the total online skill-based gaming spends in the calendar month; fee capped at ₹4999 per month

Foreign ATM fee

Cash from ATMs in India or abroad: transaction fee of 2.5% or ₹500, whichever is higher, levied on the amount withdrawn and billed in the next statement.

Reward redemption fee

₹99 plus applicable taxes

Wallet load charge

From 1st July 2025, 1% fee on wallet loading spends (excl PayZapp) exceeding ₹10,000 in a calendar month; fee applied on the total wallet loading spends in the calendar month; fee capped at ₹4999 per month

Fuel transaction fee

1% fee on fuel transactions exceeding ₹15,000 for consumer cards (₹30,000 for business cards); fee applied on the total transacted amount; fee capped at ₹4999 per transaction.

Rent transaction fee

From 1st July 2025, 1% fee on transaction amount on rental transactions done on any applicable merchant for the month; fee capped at ₹4999 per transaction

Utility transaction fee

1% fee on utility spends exceeding ₹50,000 per calendar month for consumer cards (₹75,000 per calendar month for business cards), applied on the total utility spends in a calendar month; fee capped at ₹4999 per month.

GST note

GST levied will not be reversed on any dispute on Fee & Charges / interest.

Grace days after the due date

3 grace days from payment due date.

Minimum amount due

MAD (WEF June’25) = Total GST + EMI amount + 100% of Fees/Charges + Overlimit Amount (if any) + 5% of (Finance Charge + Retail Spends + Cash Advance) when that 5% is higher than the Finance Charge; otherwise 100% of Finance Charges + 5% of (Retail Spends + Cash Advance)

Income, salaried

Monthly Income ₹70,000

Income, self-employed

Annual Income > ₹8,40,000

Minimum age

Salaried: 21 – 60 years; Self Employed: 21 – 65 years.

Documents required

Identity Proof: Passport, Aadhaar card, Voter ID, Driving licence, PAN card, Passport size photograph; Address Proof: Utility bills, Rental agreement, Passport, Aadhaar card, Voter ID; Income Proof: Salary slips, ITR, Form 16, Bank statements.