IDFC FIRST Diamond Reserve vs Shoppers Stop Black HDFC Bank
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
IDFC FIRST Diamond Reserve Credit Card wins 6 of 8 dimensions with a CardTrail Score of 9.0/10 vs 8.1/10.
| Feature | IDFC FIRST Diamond Reserve | Shoppers Stop Black HDFC Bank |
|---|---|---|
| CardTrail Score | 9.0/10 | 8.1/10 |
| Annual Fee | ₹3,000 | ₹4,500 |
| Base Reward Rate | 0.5% | 2% |
| Max Reward Rate | 10% | 7% |
| Forex Markup | Zero | 3.5% |
| Domestic Lounges | 8 | 4 |
| International Lounges | 8 | 2 |
| Fuel Surcharge Waiver | Yes | Yes |
| Network | Visa | Visa |
When to Choose IDFC FIRST Diamond Reserve
- You can meet the fee waiver condition: Spend ₹6L/year
- You travel internationally — saves ₹3,500/year on ₹1L forex spend
- You want higher rewards — up to 10% vs 7%
- Airport lounge access matters — 8 domestic visits
When to Choose Shoppers Stop Black HDFC Bank
- Your primary spend is: shopping, lifestyle, lounge
Forex Cost Comparison
On ₹1,00,000 annual international spending: IDFC FIRST Diamond Reserve costs ₹0 in forex fees vs Shoppers Stop Black HDFC Bank at ₹4,130. You save ₹4,130/year with IDFC FIRST Diamond Reserve.
Annual Fee Value Analysis
To break even on IDFC FIRST Diamond Reserve's ₹3,000 fee at 0.5% rewards, spend ₹50,000/month.
To break even on Shoppers Stop Black HDFC Bank's ₹4,500 fee at 2% rewards, spend ₹18,750/month.