Axis Bank has joined forces with retail giant Shoppers Stop to introduce a new co-branded credit card that promises an array of benefits for fashion and beauty enthusiasts.
Offering rewards on shopping, fuel surcharge waivers, and dining privileges, this collaboration aims to enhance the shopping experience and expand Axis Bank’s reach among retail consumers.
Exclusive Membership Benefits:
Cardholders will gain access to the coveted “Shoppers Stop First Citizen Club Golden Glow” membership, elevating their shopping experience with exclusive rewards and privileges.
Kavindra Mishra, CEO and ED of Shoppers Stop, expressed confidence in the partnership’s ability to enhance customer satisfaction and shopping experiences.
Reward Points and Vouchers:
Users can earn and redeem reward points on all purchases, both in-store and online, with 1 point awarded for every Rs 34 spent.
Additionally, 2% extra reward points are granted on exclusive brands, accompanied by complimentary vouchers worth Rs 2,250 redeemable at Shoppers Stop and HomeStop outlets.
Special Discounts and Offers:
Credit card holders can enjoy various perks, including 20 First Citizenship Points on every Rs 2000 spent on Shoppers Stop’s private label brands and unlimited 12 First Citizen points on beauty products.
Moreover, discounts of up to 15% on EasyDiner transactions await users, with a minimum monthly spend of Rs 2,500.
Membership Fees and Charges:
The joining fee for the Axis Bank Shoppers Stop Credit Card is Rs 500, with a corresponding renewal fee. However, this fee is waived off upon spending Rs 1 lakh or more through the card.
Interest on outstanding balances stands at 3.6% per month or approximately 52.86% annually, with late payment fees of up to Rs 1,200 depending on the outstanding amount.
