RBL Bank Shoppers Stop Gold
Keep₹1,000 to buy a First Citizen membership, with a credit card attached.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: A curated Shoppers Stop gift worth up to ₹1,000 and a Shoppers Stop First Citizen Club Golden Glow membership worth ₹750 — conditional on a retail transaction inside 30 days and payment of the annual fee
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied: it earns nothing on utilities and travel and fuel here, so that spend is dropped, not paid at the headline, and stops pacing milestones and the waiver. Plus milestones, minus the fee. No accelerator credit — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Pays for itself at ₹27,000 a month
At ₹27,000 a month — ₹3,24,000 a year — on the everyday mix this card returns ₹1,000 gross (earn ₹1,000) against its ₹1,000 fee = ₹0 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
3 notes on the card itself: how it is issued · the network variants · why it ranks #483
Why #483 The cheapest way into RBL's Shoppers Stop programme, and the one where the point stops pretending. It earns the same 10 Reward Points per ₹200 in store as the ₹5,000 Platinum, but each is worth ₹0.25 rather than ₹0.50 — so the ₹4,000 you save buys exactly half the store rate. Ranked on that trade and on a welcome stack that clears the fee in year one, not on a travel benefit it does not have.
This is the only card in RBL's Shoppers Stop trio where the portal rate is worse than the house value, and by a lot. Its Terms and Conditions read: "The Cardmember can redeem Reward Points at Shoppers Stop at a value of INR 0.25 per Reward Point and on the RBL Rewards Portal at a value of up to INR 0.10 per Reward Point." Ten paise. Take these points anywhere but a Shoppers Stop till and you are collecting 0.2% on ordinary spend, before a ₹99 + GST redemption fee — which at that ₹0.10 rate costs 990 Reward Points, two full months of the ordinary rung at its ceiling, and 396 even at the ₹0.25 store rate.
The take
Read the Gold as a First Citizen membership that happens to come with a credit line and it makes sense. ₹1,000 + GST buys a ₹750 Golden Glow membership and a Shoppers Stop gift worth up to ₹1,000 in the first year, which is the whole fee back and a little over before you have earned a single point. After that it is thin but not dishonest: 10 Reward Points per ₹200 in the Shoppers Stop Universe at ₹0.25 apiece is 1.25% back on apparel, ceilinged at 1,500 points a month, so ₹4,500 a year is the most the store rung can ever pay. The milestones are the gentlest of the three — ₹500 of vouchers per calendar quarter at ₹1 lakh of eligible spend, ₹1,000 more at ₹3.5 lakh in an anniversary year — and unlike the store rung they count ANY eligible spend, which is the only reason to put non-wardrobe purchases here. Two things stop it being a recommendation. There is no spend waiver at all, which is unusual at ₹1,000 when RBL waives its own ₹500 Shoprite and ₹1,000 Movies & More at ₹1.5 lakh. And the RBL Rewards Portal prices this card's points at up to ₹0.10 — the worst exit the bank publishes anywhere — so a holder who never walks back into the store is earning a fifth of a percent. Take it for the membership, spend it in the shop, and renew it only if you are still shopping there.
Your renewal — keep, downgrade or cancel
Here is the fee, the spend that clears it, and everything that has moved under this card since you last decided.
Keep, downgrade or cancel
₹1,000/yr at stake · 5 spend bands
The charge ₹1,000/yr
Break-even ₹27,000 a month — ₹3,24,000 a year — is where this card's value crosses its fee.
At your spend
₹0 a year, net of the fee, at ₹3,00,000 of annual spend
₹1,500 a year, net of the fee, at ₹6,00,000 of annual spend
₹3,500 a year, net of the fee, at ₹12,00,000 of annual spend
₹3,500 a year, net of the fee, at ₹36,00,000 of annual spend
₹3,500 a year, net of the fee, at ₹60,00,000 of annual spend
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
RBL Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and the numbers above are the whole of it.
What has changed under this card
- 23 Sep 2026 Axis EDGE brings Accor back, drops ITC, and adds Cathay, Miles & More and Hilton a program these points reach
- 21 Aug 2026 Club ITC pays up to 50,000 bonus Green Points for spreading 10 nights across all five brands a program these points reach
- 7 Jan 2026 RBL bolts a 1% fee onto FASTag loads and tolls — the fifth 1% line on its charge sheet issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- 10 Reward Points per ₹200 across the Shoppers Stop Universe — 1.25% back after the store's own point price
- A First Citizen Club Golden Glow membership worth ₹750 and a Shoppers Stop gift worth up to ₹1,000, against a ₹1,000 fee
- ₹500 of Shoppers Stop vouchers every calendar quarter you clear ₹1 lakh of eligible spend — any eligible spend, not just in store
- ₹1,000 more at ₹3.5 lakh of eligible spend in an anniversary year, assessed separately from the quarterly voucher
- 1,000 bonus Reward Points a quarter on a single ₹20,000 Shoppers Stop purchase, once you have cleared ₹50,000 the quarter before
- Issued on Visa or Mastercard, your pick at application
Watch out
- ₹1,000 + GST every year with NO spend waiver, while RBL waives its ₹500 Shoprite and ₹1,000 Movies & More at ₹1.5 lakh
- RBL's own rewards portal prices these points at up to ₹0.10 — the worst exit the bank publishes on any card. The ₹0.25 rate needs a Shoppers Stop till
- Store accrual stops at 1,500 Reward Points a month and ordinary accrual at 500 — neither carries forward, so ₹4,500 a year is the hard ceiling on the headline rung
- No lounge access, no travel insurance, no forex concession — RBL's standard 3.5% markup applies
- Fuel, utilities, insurance, rent, railways, education, government, wallets, cash, Bills2Pay and merchant-EMI spends earn nothing AND do not count towards any milestone
- The ₹99 + GST redemption fee costs 396 Reward Points at the ₹0.25 store rate and 990 at the ₹0.10 portal rate — redeem in one annual batch or it eats the card
- No cash welcome voucher: the Platinum and Black both add a ₹2,000–₹3,000 Shoppers Stop voucher on top of the gift, and this one does not
- RBL charges 1% on FIVE transaction types its Schedule of Charges lists separately from the reward exclusions: rent (MCC 6513, on every transaction), fuel and auto above ₹10,000 a transaction (capped at ₹3,000), utility spends above ₹50,000 a month, education paid through third-party apps such as CRED, PhonePe or Paytm (school and college websites are exempt), and — with effect from 7 January 2026 — FASTag loading and tolls above ₹10,000 a transaction. These are FEES, listed nowhere near the reward exclusions: a category can both cost you 1% and earn you nothing
What these points actually fly
RBL Reward Points move to Club ITC — and that programme prices every award dynamically. There is no published chart to quote, so we quote nothing: an estimate is not a seat.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
What earns, what doesn't
10 sourced rules · 9 pay zero
- Fuel · excluded Zero Reward Points AND no milestone credit (MCC 0032, 2541, 4001, 5542, 5541, 5172), plus a 1% fee on fuel or auto transactions above ₹10,000, capped ₹3,000
- Rent & property management · excluded Zero points and no milestone credit (MCC 6513), plus a separate 1% rental fee
- Wallet loads · excluded Zero points and no milestone credit (MCC 6540)
- Utilities (electricity/water/gas) · excluded Zero points and no milestone credit (MCC 4900), plus a 1% fee on utility spends above ₹50,000 a month
Does your spend count toward the milestones?
not published — and we say which
₹3,50,000 a year is the bar for the first milestone. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. RBL Bank states what the RBL Bank Shoppers Stop Gold earns and does not earn, but has not published which spend categories count toward the milestones — the ₹3,50,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
Applications are open on RBL's product page, which carries a live Apply Now funnel. RBL publishes no income or age criteria for this card in its MITC or its Schedule of Charges. The welcome benefits require a valid retail transaction within 30 days of issuance, payment of the annual membership fee as billed on the first statement (within 60 days), and a successful claim — and they are not payable at all if a promotion waived the fee.
RBL Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
per the official RBL Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the board by what you can get →
The fine print
7 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
₹1,000 both years with NO spend waiver, which is the row worth noticing: the ₹1,000 Platinum Delight reads "INR 1,000 (NIL on eligible annual spends of INR 2 lakh or more)" and the ₹1,000 Movies & More waives at ₹1.5 lakh, in the same table and the same column. Add-on cards are free. Visa or Mastercard, chosen at application. THE WORST POINT PRICE RBL PUBLISHES: "The Cardmember can redeem Reward Points at Shoppers Stop at a value of INR 0.25 per Reward Point and on the RBL Rewards Portal at a value of up to INR 0.10 per Reward Point." Earn is 10 Reward Points per ₹200 across the Shoppers Stop Universe capped at 1,500 points a month and 4 per ₹200 elsewhere capped at 500 a month; the caps are computed separately per category, reset each billing cycle and never carry forward, and spend is rounded down to multiples of ₹200. Milestones are ₹500 of vouchers per calendar quarter at ₹1 lakh of eligible spend and ₹1,000 per anniversary year at ₹3.5 lakh, assessed separately. A further 1,000 bonus points a quarter need a single ₹20,000+ Shoppers Stop purchase after ₹50,000 of spend the previous quarter, and are void during Shoppers Stop's End of Season Sale. Welcome is thinner than on the two dearer variants — a gift worth up to ₹1,000 and a First Citizen Club Golden Glow membership worth ₹750, with no cash voucher and no makeover — and is void if the fee was waived. Excluded from both points and milestones: fuel and auto (MCC 0032, 2541, 4001, 5542, 5541, 5172), utilities (4900), insurance (6300, 6310), quasi-cash (6050, 6051, 4829), railways (0066, 4011, 4112), rent and real estate (6513), education (8220, 8244, 8249, 8211, 8241, 8299), wallets (6540), government services, contracted services, cash (6011, 6010), miscellaneous (5960), Bills2Pay and merchant-EMI conversions. Separate 1% fees apply on rent, on fuel and auto transactions above ₹10,000 (capped ₹3,000), on third-party education payments, on utility spends above ₹50,000 a month and — from 07 January 2026 — on FASTag and toll transactions above ₹10,000. NO LOUNGE CLAUSE APPEARS ANYWHERE IN THE PRODUCT PAGE OR THE CARD T&C.
per the official RBL Bank MITC · reviewed 10 Jul 2026
What's changed for this card
6 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 23 Sept 2026Axis EDGE brings Accor back, drops ITC, and adds Cathay, Miles & More and HiltonAccor and Marriott off the grid since 2 April 2026; Club ITC live; no Cathay, Miles & More or Hilton → Accor live at the punished rates; ITC removed; Cathay, Hilton and Miles & More live; Marriott still gone
Axis's own Travel EDGE terms, re-read 25 September 2026, already show the grid that went live on 23 September. Accor ALL is back, and not at the old Atlas 1:2: EDGE Miles convert at 2:1 (Olympus 1:2) and EDGE Rewards at 5:1, with Magnus for Burgundy at 5:2 and only Burgundy Private still at 5:4. Club ITC is off the table. Three partners are new. Cathay Asia Miles sits on that same punished grid. Hilton Honors is the ordinary one: EDGE Miles 1:2, EDGE Rewards 5:2, Burgundy 5:4. Lufthansa Miles & More is the exception on Atlas, which converts 1:1 there while every other standard airline on that card is 1:2; the EDGE Rewards side of Miles & More is the ordinary 5:2. Marriott stays removed. Qatar Privilege Club was already back. Flying Blue, Air India and Qantas moved into Group A, which is the capped group. The Axis Rewards credit card's Amex network is advertised as joining-fee and annual-fee nil for a limited period; there is no separate Amex variant on this board, so that offer is not modelled as a fee change.
- 22 Aug 2026RBL relaunches the Shoppers Stop co-brand as a Gold / Platinum / Black trio
- 21 Aug 2026Club ITC pays up to 50,000 bonus Green Points for spreading 10 nights across all five brands
- 7 Jan 2026RBL bolts a 1% fee onto FASTag loads and tolls — the fifth 1% line on its charge sheet
- 1 Jul 2025RBL gates domestic lounges behind ₹35k a quarter
- 15 Oct 2024RBL strips points from education, government and wallet spends
Verified against RBL Bank's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 4 of them, each with the day we read it
- official Product page — 10 Reward Points per ₹200 at Shoppers Stop with 1 point = ₹0.25, 4 per ₹200 elsewhere, the ₹1,000 fee, both milestones and the Visa/Mastercard line
- official Card T&C — the ₹1,000 fee, the two-price Reward Point (₹0.25 in store, up to ₹0.10 on RBL's portal), both monthly caps, both milestones and the exclusion MCC table
- official Bank-wide MITC — "RBL Bank Shoppers Stop Gold Credit Card | INR 1,000 | INR 1,000 | NIL", with no fee-reversal parenthetical, and the CIBIL-tiered finance charges
- official Schedule of Charges RBL-CC-SOC-V2-12-12-2025 — the 3.5% forex band, the ₹99 + GST redemption fee, and the 1% rent, fuel, utility, education and FASTag fees