Axis Bank Shoppers Stop Credit Card
Card Overview
The Axis Bank Shoppers Stop Credit Card gives you extra benefits when you shop at Shoppers Stop. You earn 20 First Citizen points for every ₹200 spent on private label brands and 12 points for every ₹200 spent on beauty items. As a welcome gift, you get ₹300 worth of First Citizen points on your first transaction within 30 days and Shoppers Stop vouchers worth ₹2,250. The card has a joining and renewal fee of ₹500 plus GST, which is waived when you spend ₹1 lakh in a year. You can redeem your points at Shoppers Stop stores or online, making it a good choice for regular shoppers.
This card also gives savings on dining and fuel. You get 15% off at EazyDiner on bills of ₹2,500 or more, with up to ₹500 discount each month. There is also a 1% fuel surcharge waiver on payments between ₹400 and ₹5,000. Rewards on non-Shoppers Stop purchases are limited and the card has a 3.5% foreign currency markup with a 3.6% monthly interest rate. Overall, it works best for people who shop often at Shoppers Stop and want simple benefits on dining and fuel.
Card Details
- Free Shoppers Stop Golden Glow membership.
- First Citizen points never expire.
- You get back the 1% fuel surcharge when you spend between ₹400 and ₹5,000 on fuel, up to ₹400 each month.
- Get a 15% discount on EazyDiner, with savings of up to ₹500 each month when your bill is at least ₹2,500.
- Get 20 points per ₹200 you spend on Shoppers Stop’s own brands.
- Earn 12 points per ₹200 you spend on beauty products and other selected brands at Shoppers Stop.
- Earn 2 points per ₹200 on all other spending.
Features & Benefits
Axis Bank Shoppers Stop Credit Card: Reward Points and Benefits
The Axis Bank Shoppers Stop Credit Card is designed for people who frequently shop at Shoppers Stop. It offers a simple and rewarding way to earn points on your everyday purchases, both inside and outside the store. The reward structure is straightforward and helps cardholders save more on shopping.
When you buy private-label brands inside Shoppers Stop, you earn 20 First Citizen Points for every ₹200 spent. These brands include items that are exclusively available at the store. For beauty products and other branded items, you earn 12 accelerated points for every ₹200 spent, making it easier to collect points faster. Even when you spend outside Shoppers Stop, the card continues to reward you with 2 points for every ₹200 spent. This ensures that you keep earning no matter where you shop.
However, reward points are not given on certain payments. These include transportation and toll charges, utility bills, rent, fuel, insurance, educational institutions, government payments, wallet loads, and reward redemption transactions. This helps the bank maintain a clear rewards structure focused on shopping and lifestyle spends.
How to Redeem Rewards
Redeeming the points you earn is simple. Just log in to your Axis Bank account and go to the rewards section. From there, you can choose the reward options you want. All points earned on this card are automatically credited to your First Citizen Loyalty Account. This helps you keep track of your points and use them whenever you want without any difficulty.
Key highlights and Benefits of the Axis Bank Shoppers Stop Credit Card
This card is built to offer value to customers who prefer shopping at Shoppers Stop. With steady reward earnings, dining benefits, and lifestyle privileges, it covers most needs of a regular shopper.
Welcome Benefits
The card offers attractive welcome benefits. When you make your first purchase within 30 days of receiving the card, you earn First Citizen Points worth ₹300. This gives you an instant start in the rewards program. You also get vouchers worth ₹2,250 that can be used at Shoppers Stop and Homestop stores. These vouchers help you save on your next purchase. Additionally, the card provides a complimentary Golden Glow membership, which offers added advantages during shopping.
Golden Glow Membership
Golden Glow membership gives you extra privileges each time you visit Shoppers Stop. These include early access to sales, priority customer support, and faster reward accumulation. This membership is useful for customers who visit the store frequently and want additional benefits.
Dining Benefits
The card is also beneficial for dining. You get a 15% instant discount on EazyDiner on a minimum bill of ₹2,500. The maximum discount you can claim each month is ₹500. Over a year, this can save you up to ₹6,000 if you dine out regularly.
Fuel Surcharge Waiver
You also get a 1% fuel surcharge waiver on fuel transactions ranging between ₹400 and ₹5,000. The maximum waiver you can get is ₹400 per statement cycle.
Fees and Charges
- Joining fee: ₹500 + GST
- Renewal fee: ₹500 + GST
- Foreign currency markup: 3.5%
- Interest rate: 3.6% per month
- Cash withdrawal fee: 2.5%, minimum ₹500
Eligibility Criteria
To get this card, you must be an Indian resident aged between 18 and 70 years. A good credit score and stable monthly income are important. You must also submit ID proof, address proof, and income documents.
Axis Bank Shoppers Stop Credit Card Review
The Axis Bank Shoppers Stop Credit Card is a great option for frequent Shoppers Stop customers. It offers strong reward benefits, welcome vouchers, dining discounts, and useful lifestyle privileges. With reasonable fees and easy reward redemption, this card is ideal for anyone who wants to earn more while shopping and enjoy added savings throughout the year.
Pros/Cons
Reality Check Feedback
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
- What perks does the Axis Bank Shoppers Stop Credit Card offer?
Cardholders earn reward points on every purchase, get exclusive discounts at Shoppers Stop, and enjoy access to special sales events.
- Can I use the Axis Bank Shoppers Stop Credit Card for international purchases?
Yes, it is accepted worldwide, but foreign currency charges apply. Check the latest fees before using it abroad.
- Are there any dining discounts with this credit card?
Yes, you get a 15% discount at EazyDiner on bills of ₹2,500 or more, with savings of up to ₹500 per month.
- How can I redeem the reward points earned with this card?
You can redeem your points at Shoppers Stop stores, online, and at Homestop without any redemption fees.
- What is the fuel surcharge waiver on this card?
You get a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, with a maximum cap of ₹400 per billing cycle.
- Is there a renewal fee waiver for this card?
Yes, the renewal fee is waived if you spend ₹1 lakh or more in the previous year.
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