Axis Bank Shoppers Stop Credit Card vs Ola Money Sbi Visa Platinum Credit Card: Which is Better in 2026?
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When comparing the Axis Bank Shoppers Stop Credit Card and the Ola Money Sbi Visa Platinum Credit Card, both cards offer unique benefits tailored to different spending habits. The Axis Bank card focuses on rewards for shopping at Shoppers Stop, while the Ola Money card provides rewards for travel-related expenses, particularly Ola rides.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Axis Bank Shoppers Stop Credit Card | Ola Money Sbi Visa Platinum Credit Card |
|---|---|---|
| Bank | Axis Bank | SBI Cards |
| Network | MasterCard | Visa |
| Joining fee | Joining Fee of Rs.500 | — |
| Annual / renewal fee | Annual Fee - Rs.500 | No Annual Fees - First Year Free |
| Annual fee waiver | Spend Rs.1 Lakhs For Annual Fee Waiver | Spend Rs.1 Lakhs For Waiver of Renewal Fee |
| Reward rate (headline) | Earn 20 First Citizen Reward Points per Rs.200 spent on Shoppers Stop Exclusive Brands | Earn 1% Rewards On All Spends |
| Welcome benefit | Enjoy First Citizen Reward Points Worth Rs.300 | — |
| Foreign currency markup | 3.50% - Foreign Currency Transactions | 3.5% - Foreign Currency Transactions |
Which is better for rewards?
The Axis Bank Shoppers Stop Credit Card is better for rewards, especially for those who frequently shop at Shoppers Stop, offering 12 reward points per Rs.200 spent. In contrast, the Ola Money Sbi Visa Platinum Credit Card provides a flat 1% reward on all spends and 7% on Ola rides, which may appeal to regular Ola users but lacks the higher reward potential for general shopping.
Which is better for travel?
For travel benefits, the Ola Money Sbi Visa Platinum Credit Card is the superior choice, especially for those who use Ola for transportation. It offers specific rewards for Ola rides, making it more advantageous for frequent users of the service. The Axis Bank card does not provide any travel-related benefits, focusing solely on shopping rewards.
Which has lower effective cost?
In terms of effective cost, the Ola Money Sbi Visa Platinum Credit Card has an edge with no annual fee for the first year and a waiver on renewal fees upon spending Rs.1 lakh. The Axis Bank Shoppers Stop Credit Card has an annual fee of Rs.500, which can be waived with the same spending threshold, but it still presents an additional cost compared to the Ola card.
Who should pick Axis Bank Shoppers Stop Credit Card?
Consider Axis Bank Shoppers Stop Credit Card if you frequently shop at Shoppers Stop and want to maximize rewards on your purchases there. The card's specific rewards structure is designed for those who can leverage its shopping benefits effectively.
Who should pick Ola Money Sbi Visa Platinum Credit Card?
Consider Ola Money Sbi Visa Platinum Credit Card if you are a regular user of Ola services and prefer a card with no annual fee for the first year. Its travel rewards and flexibility in earning points on all spends make it a practical choice for those who prioritize travel-related expenses.
Frequently Asked Questions
The joining fee is Rs.500.
There is no annual fee for the first year, but a renewal fee of Rs.499 applies from the second year.
You can waive the annual fee by spending Rs.1 lakh in a year.
You earn 1% rewards on all spends and 7% on all Ola rides.