HDFC Credit Card Feature Enhancement Update

45°

2024-02-05

We're thrilled to announce upcoming enhancements to your Shoppers Stop HDFC Bank Credit Card! These new features, effective from 1st March 2024, are designed to enrich your shopping experience. Until 29th February 2024, your current card benefits remain as is.

98644889f7c01c0-c104-11ee-9d03-897c7324dc07

Here's a detailed overview of your Enhanced Card Features:

Feature Description	Current Features	New Features (eff. 1st March’2024)
Reward Type	First Citizen Points (Redeemable only at Shoppers Stop)	Reward Points (Redeemable on SmartBuy for across multiple categories/brands)
Reward Benefit	Spends at Shoppers Stop – Earn 6 First Citizen Points for every ₹150 spent (2.4%) on Shoppers Stop private label brands, capped at 500 First Citizen Points per month. Earn 2 First Citizen Points for every ₹150 spent (0.8%) on all other Shoppers Stop brands. Spends outside Shoppers Stop – Earn 2 First Citizen Points for every ₹150 spent (0.8%) on all other Shoppers Stop brands.	Spends at Shoppers Stop Earn 3% Reward Points for all Shoppers Stop brands (including private & others) Maximum capping of ₹500 per month. Spends outside Shoppers Stop – Earn 1% Reward Points on all other spends Maximum capping of ₹1000 per month.
Redemption	Redeemable only within Shoppers Stop (in-store & offline) 1 First Citizen Point = ₹0.60	Redeemable on Bank’s reward portal- SmartBuy across multiple categories (entertainment, grocery, electronics, fashion etc.) + Redeem 1 Reward Point = Re.1 (only when availed against Shoppers Stop voucher). Redemption on other brand vouchers is as per bank’s redemption catalogue.
Points Validity	2 Years	2 Years
Milestone Benefit	Earn 2000 First Citizen Points on spending ₹2 Lakhs annually	Get ₹2500 worth FREE shopping in a year. How? Earn ₹500 per month for a min. purchase of ₹15,000 at Shoppers Stop on weekends (capped to maximum once in a month and 5 times in a year)
Shoppers Stop Membership	Complimentary Shoppers Stop Silver Edge Loyalty Membership worth ₹350	Same Benefit as before
Fuel Surcharge Waiver	1% fuel surcharge waiver of up to ₹250 per statement cycle, across all fuel stations in India (on minimum transaction of ₹400 & maximum transaction of ₹5,000)	Same Benefit as before

What's Happening to Your Current Points?
Your existing First Citizen Points are still good! They're waiting for you at Shoppers Stop, just like always.
For example, if you have 500 points expiring on 15th September 2024, you can redeem them at Shoppers Stop at the current value of ₹0.60 every First Citizen Point.

What's Changing from 1st March 2024?
Here's the exciting part! Starting 1st March 2024, your Card transactions will earn Bank Reward Points. Enjoy shopping while redeeming these Rewards Points for a variety of top brands in electronics, fashion, and more via SmartBuy – our extensive rewards redemption catalogue.

Disclaimer

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.