IDFC FIRST Ashva vs Shoppers Stop Black HDFC Bank
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
IDFC FIRST Ashva Credit Card wins 5 of 8 dimensions with a CardTrail Score of 8.5/10 vs 8.1/10.
| Feature | IDFC FIRST Ashva | Shoppers Stop Black HDFC Bank |
|---|---|---|
| CardTrail Score | 8.5/10 | 8.1/10 |
| Annual Fee | ₹2,999 | ₹4,500 |
| Base Reward Rate | 0.83% | 2% |
| Max Reward Rate | 5% | 7% |
| Forex Markup | 1% | 3.5% |
| Domestic Lounges | 16 | 4 |
| International Lounges | 8 | 2 |
| Fuel Surcharge Waiver | Yes | Yes |
| Network | Visa Signature | Visa |
When to Choose IDFC FIRST Ashva
- You travel internationally — saves ₹2,500/year on ₹1L forex spend
- Airport lounge access matters — 16 domestic visits
- Your primary spend is: travel, lounge, forex
When to Choose Shoppers Stop Black HDFC Bank
- You want higher rewards — up to 7% vs 5%
- Your primary spend is: shopping, lifestyle, lounge
Forex Cost Comparison
On ₹1,00,000 annual international spending: IDFC FIRST Ashva costs ₹1,180 in forex fees vs Shoppers Stop Black HDFC Bank at ₹4,130. You save ₹2,950/year with IDFC FIRST Ashva.
Annual Fee Value Analysis
To break even on IDFC FIRST Ashva's ₹2,999 fee at 0.83% rewards, spend ₹30,110/month.
To break even on Shoppers Stop Black HDFC Bank's ₹4,500 fee at 2% rewards, spend ₹18,750/month.