The verdict
A dedicated wardrobe and cosmetics shopping card for regular Shoppers Stop patrons. The ₹500 welcome voucher completely covers the joining fee, while spending ₹1 Lakh annually waives the renewal fee and unlocks ₹1,500 in free clothing vouchers on top of 2X reward points.
Spending ₹5,000/month at Shoppers Stop (₹60,000/yr) + ₹40,000 on general retail reaches ₹1 Lakh annual spend: waives the ₹500 fee, unlocks ₹1,500 in milestone vouchers, earns ₹1,600 in rewards + ₹500 welcome voucher, delivering ₹3,600 in net fashion savings (7.2× ROI).
For spenders who buy clothing online from Ajio, Myntra, or Zara standalone stores, store-agnostic cashback cards provide broader coverage.
✓What works
- +20 EDGE reward points per ₹200 (2.0% return) on all purchases at Shoppers Stop stores and website.
- +10 EDGE reward points per ₹200 (1.0% return) on all other domestic retail spending.
- +₹500 Shoppers Stop gift voucher welcome gift upon completing first swipe within 30 days.
- +₹1,500 in annual milestone vouchers: ₹500 on ₹50,000 annual spend and ₹1,000 on ₹1,00,000 spend.
- +Complimentary Shoppers Stop First Citizen membership with dedicated billing queues.
- +Annual fee of ₹500 + GST is easily waived upon spending ₹1,00,000 in a year.
✕What doesn't
- −No complimentary airport lounge access.
- −Accelerated reward rate is restricted to Shoppers Stop retail ecosystem.
- −Standard 3.5% + GST forex markup on international foreign currency spending.
What it earns
1 EDGE Reward Point = ₹0.20 on catalog vouchers and retail redemption.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| Shoppers Stop Stores & Website | 2.0% (20 EDGE / ₹200) | Uncapped | 10,000 EDGE Pts (₹2,000 value) |
| All Other Domestic Retail Spends | 1.0% (10 EDGE / ₹200) | Uncapped | 5,000 EDGE Pts (₹1,000 value) |
| Fuel & Rent | 0% | Excluded | 0 EDGE Pts |
Accelerated earn
2X on Fashion & ₹1,500 Annual Spend Milestone Vouchers
Earn top yields on clothing, cosmetics, and perfumes.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| Shoppers Stop Outlets20 EDGE points per ₹200 spent. | 2× · 2.0% | Uncapped | — |
| Annual Spend Milestones₹500 on ₹50k + ₹1,000 on ₹1L spend. | Milestone · ₹1,500 Vouchers | Annual milestones | — |
Redemption options
Redeem EDGE points directly for Shoppers Stop vouchers or on Axis EDGE Rewards.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Shoppers Stop Gift VouchersBEST VALUE | ₹0.20 / EDGE Point | 500 pts | None | Nil |
| Brand Vouchers & Gift Cards | ₹0.20 / EDGE Point | 500 pts | None | Nil |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Shoppers Stop offline departmental stores and shoppersstop.com.
- +First Citizen tier membership privileges.
- +General online and offline retail spending.
✕Excluded Spends & Fee Traps
- −Rent payments.
- −Fuel purchases (1% surcharge waiver on ₹400–₹4,000).
- −Wallet load transactions.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹500 + GST (₹500 Shoppers Stop Voucher welcome gift) |
| Annual Renewal Fee | ₹500 + GST (Waived at ₹1,00,000 spend) |
| Forex Markup | 3.5% + GST |
| Finance Charges | 3.6% / month (43.2% / year) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age | 21–65 years |
| Salaried Income | ₹25,000+ monthly net salary |
| Self-Employed Income | ITR above ₹3.0 Lakhs per annum |
Frequently Asked Questions
Does Axis Bank Shoppers Stop Credit Card offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for Axis Bank Shoppers Stop Credit Card?
What is the reward rate and point redemption value on Axis Bank Shoppers Stop Credit Card?
Which transactions are excluded from earning rewards on Axis Bank Shoppers Stop Credit Card?
Who is Axis Bank Shoppers Stop Credit Card best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: Axis Bank Shoppers Stop Credit Card
The Axis Bank Shoppers Stop Credit Card is a co-branded retail fashion and lifestyle credit card, crafted in alliance with Shoppers Stop for fashion enthusiasts, apparel shoppers, and department store loyalists. Issued at an annual fee of ₹500 + GST, the renewal fee is completely reversed upon spending ₹1,00,000 or more in eligible retail transactions during the card anniversary year.
The card directly integrates with the Shoppers Stop First Citizen loyalty program, delivering up to an extraordinary 14% effective valueback during Shoppers Stop shopping festivals and private sales (6 First Citizen points per ₹100 in-store plus 8% exclusive discount promotions), accompanied by a ₹500 Shoppers Stop welcome voucher that completely recovers the joining fee, and 2 First Citizen points per ₹100 on general retail spending.
Key Privileges and Practical Everyday Benefits
- Guaranteed ₹500 Shoppers Stop Welcome Voucher: Receive a complimentary ₹500 Shoppers Stop shopping gift voucher credited on card activation, completely offsetting the ₹500 joining fee.
- Up to 14% Valueback at Shoppers Stop:
- Earn 6 First Citizen reward points per ₹100 spent at physical Shoppers Stop stores and the online app (worth ₹3.60 at 1 point = ₹0.60).
- Enjoy an additional 8% instant discount during exclusive cardholder private sales and seasonal shopping events.
- Everyday Retail Rewards: Earn 2 First Citizen reward points per ₹100 spent on all general retail domestic and international shopping outside Shoppers Stop.
- Seamless Store Checkout Redemptions: Accumulated First Citizen points are directly redeemable at physical billing counters across all Shoppers Stop and HomeStop stores across India with zero redemption charges.
- Accessible ₹1,00,000 Annual Fee Waiver: The ₹500 annual renewal fee is 100% waived upon spending ₹1,00,000 or more in qualifying retail transactions during the card anniversary year.
Important Terms and Spend Conditions to Keep in Mind
- Point Redemption Restrictions: First Citizen points can only be redeemed against merchandise purchases at Shoppers Stop, HomeStop, and affiliated retail stores; they cannot be converted into cash statement credit or airline miles.
- Point Expiration Rules: First Citizen points remain valid for 12 months from the date of accrual and will expire if not redeemed within the promotional validity window.
- No Airport Lounge Access: The card carries no complimentary domestic or international airport lounge access.
- Excluded Spend Categories: Fuel purchases, rent payments, wallet reloads, cash advances, and government utility payments do not earn reward points or count toward fee waiver milestones.
- Dynamic Currency Conversion (DCC) Fee: A 1.0% + GST markup applies on foreign transactions processed in INR by overseas merchants.
Who Benefits Most
- Shoppers Stop Loyalists & Fashion Shoppers: Individuals and families who buy branded clothing, footwear, cosmetics, and fragrances from Shoppers Stop stores regularly.
- Private Sale Enthusiasts: Spenders who take advantage of cardholder-exclusive private sales to stack 6 points/₹100 on top of 8% instant store discounts.
- Retail Spenders Reaching ₹1 Lakh Annually: Shoppers who easily cross ₹1 Lakh in annual lifestyle spending to keep the card completely fee-free year after year.
- Axis Bank — Shoppers Stop Credit Card schedule of charges
- Shoppers Stop & Axis Bank — First Citizen points and milestone voucher terms
Independent Editorial & Statutory Disclaimers
Institutional Transparency & Nominative Fair Use Statement
CredSutra operates as an independent credit card discovery and consumer intelligence engine. CredSutra is NOT a bank, Non-Banking Financial Company (NBFC), Direct Selling Agent (DSA), or Lending Service Provider (LSP).