Axis Bank Rewards vs Shoppers Stop HDFC Bank
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
Shoppers Stop HDFC Bank Credit Card wins 4 of 8 dimensions with a CardTrail Score of 7.1/10 vs 6.2/10.
| Feature | Axis Bank Rewards | Shoppers Stop HDFC Bank |
|---|---|---|
| CardTrail Score | 6.2/10 | 7.1/10 |
| Annual Fee | ₹1,000 | ₹299 |
| Base Reward Rate | 0.32% | 1% |
| Max Reward Rate | 3.3% | 3% |
| Forex Markup | 3.5% | 1% |
| Domestic Lounges | 2 | 0 |
| International Lounges | 0 | 0 |
| Fuel Surcharge Waiver | Yes | Yes |
| Network | Visa | Visa |
When to Choose Axis Bank Rewards
- You can meet the fee waiver condition: Spend ₹2L/year
- You want higher rewards — up to 3.3% vs 3%
- Airport lounge access matters — 2 domestic visits
- Your primary spend is: rewards, shopping
When to Choose Shoppers Stop HDFC Bank
- You travel internationally — saves ₹2,500/year on ₹1L forex spend
- Your primary spend is: shopping, entry-level
Forex Cost Comparison
On ₹1,00,000 annual international spending: Axis Bank Rewards costs ₹4,130 in forex fees vs Shoppers Stop HDFC Bank at ₹1,180. You save ₹2,950/year with Shoppers Stop HDFC Bank.
Annual Fee Value Analysis
To break even on Axis Bank Rewards's ₹1,000 fee at 0.32% rewards, spend ₹26,042/month.
To break even on Shoppers Stop HDFC Bank's ₹299 fee at 1% rewards, spend ₹2,492/month.