Axis Bank Shoppers Stop Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Cardholders of the 'Shoppers Stop First Citizen Club Golden Glow' membership will receive complimentary benefits. The First Citizen points will not have an expiration date. For fuel transactions between ₹400 and ₹5,000, cardholders will enjoy a 1% fuel surcharge waiver, with a maximum cap of ₹400 in a statement month. Cardholders will also receive a 15% instant discount, up to ₹500 per month, on EazyDiner when the minimum transaction value is ₹2,500.

The Axis Bank Shoppers Stop Credit Card is a great option for shopping enthusiasts.

With a joining fee of Rs. 500 + GST and a renewal fee of Rs. 500 + GST, this card offers a range of benefits that make it worth considering.

One of the standout features of this card is the reward points system.

Cardholders earn 20 points for every Rs. 200 spent on selected items during shopping.

These reward points can be accumulated and redeemed for various exciting merchandise and vouchers.

The welcome benefit is quite enticing, as users can earn First Citizen reward points worth ₹300 upon using the card for the first time within 30 days of issuance.

This provides an instant boost to one's rewards balance.

Additionally, movie buffs will appreciate the 15% instant discount on EazyDiner, up to ₹500 per month, for a minimum transaction value of ₹2,500.

This makes movie dining experiences even more enjoyable and affordable.

While this card does not offer specific benefits for travel, domestic lounge access, international lounge access, golf, or insurance, it makes up for it with its focus on shopping rewards and discounts.

To make the deal even sweeter, the annual fee of ₹500 is waived off if the cardholder spends ₹1 lakh or more in the previous year.

This spend-based waiver encourages users to maximize their shopping experiences and make the most of this card's benefits.

It's worth noting that there is a foreign currency markup of 3.5% (plus tax) on transactions made in foreign currencies.

However, the card's interest rate of 3.6% per month or 52.86% annually is relatively high, so it is advisable to clear the outstanding dues on time to avoid unnecessary charges.

Fuel purchases made with this card are subject to a 1% fuel surcharge at all fuel outlets in India, which is a standard feature on most credit cards.

Cash advances with this card attract a fee of 2.5% (min ₹500) of the cash amount, so it's best to use this feature sparingly and only when absolutely necessary.

In conclusion, the Axis Bank Shoppers Stop Credit Card is a suitable choice for shopaholics looking to earn rewards on their shopping expenses.

The card offers valuable reward points, welcome benefits, and discounts on movie dining.

However, it's important to be mindful of the interest rates and fees associated with this card.