ICICI Rubyx vs Shoppers Stop Black HDFC Bank
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
Shoppers Stop Black HDFC Bank Credit Card wins 4 of 8 dimensions with a CardTrail Score of 8.1/10 vs 7.7/10.
| Feature | ICICI Rubyx | Shoppers Stop Black HDFC Bank |
|---|---|---|
| CardTrail Score | 7.7/10 | 8.1/10 |
| Annual Fee | ₹2,000 | ₹4,500 |
| Base Reward Rate | 0.5% | 2% |
| Max Reward Rate | 4% | 7% |
| Forex Markup | 3.5% | 3.5% |
| Domestic Lounges | 8 | 4 |
| International Lounges | 0 | 2 |
| Fuel Surcharge Waiver | Yes | Yes |
| Network | Visa Signature | Visa |
When to Choose ICICI Rubyx
- You can meet the fee waiver condition: Spend ₹3L/year
- Airport lounge access matters — 8 domestic visits
- Your primary spend is: lifestyle, dining
When to Choose Shoppers Stop Black HDFC Bank
- You want higher rewards — up to 7% vs 4%
- Your primary spend is: shopping, lifestyle, lounge
Annual Fee Value Analysis
To break even on ICICI Rubyx's ₹2,000 fee at 0.5% rewards, spend ₹33,333/month.
To break even on Shoppers Stop Black HDFC Bank's ₹4,500 fee at 2% rewards, spend ₹18,750/month.