Swiggy HDFC Bank Credit Card

Swiggy HDFC Bank Credit Card – Features and Benefits

The following are the features and benefits associated with the Swiggy HDFC Bank credit card –

Welcome Benefit

Get complimentary 3-month Swiggy One membership as welcome benefit on card activation. If you already have the membership, then you can get it extended for 3 months.

You must activate your card as per the latest RBI regulation in one of the following ways –

• Make a successful transaction with the credit card
• Use the card via OTP or IVR, set up the card PIN, and enable controls like online transactions, international transactions, etc.

Reward Rate – Cashback

10% Cashback on Swiggy

Get 10% cashback across the Swiggy application including food orders, Instamart, Dineout, and Genie. You can earn a maximum of Rs. 1500 per billing cycle and the cashback is not applicable on spends made on Swiggy Money Wallet, Swiggy Minis, and Swiggy Liquor. Also, you do not earn cashback on transactions of less than Rs. 100.

5% Cashback on Online Spends

Get 5% cashback on online spends made with the card across top brands like Nykaa, BookMyShow, Ola, Myntra, Amazon, Uber, Adidas, H&M, and more. The cashback is applicable on Apparels, Electronics, Entertainment, Home Décor, Department Store, Personal Care, Medical Store, Local Cabs, Pet Stores, and Discount Stores. The maximum cashback you earn per billing cycle is Rs. 1500

1% Cashback on Other Spends

Get 1% cashback on your spends on other categories with the credit card, with the maximum benefit capped at Rs. 500 per billing cycle. The following categories are excluded from the 1% cashback category – Fuel, Rent, Wallet, EMI, Jewellery, and Government transactions

Reward Redemption

The cashback earned through your spends with the card is in the form of Swiggy Money, and you can use it only on the Swiggy app. Use the Swiggy Money for food ordering, Instamart, Genie, and Dineout. Also, you can redeem the cashback only after downloading the Swiggy app and linking your credit card to it.

In the Swiggy application, choose Swiggy Money as the payment method to utilize the cashback earned by you. Swiggy Money is valid for 1 year from the date of earning and money with the closest expiry date will be used first automatically.

Mastercard World Tier Benefits

As the Swiggy HDFC Bank card is a Mastercard Word Tier card, you get access to many benefits including complimentary loyalty memberships, dine and stay, and more from top brands. You get various privileges across sports, shopping, travel, arts and culture, and more in many countries across the world.

Renewal Fee Waiver

You can get the Rs. 500 renewal fees of the credit card waived off on annual spends of Rs. 2 Lakhs in the anniversary year. The following spends are excluded from being considered towards the calculation of the waiver – Cash on Call, Cash Withdrawal, Balance Transfer

Additional Features

• Interest-free Credit Period – You can get interest-free period of up to 50 days from the date of purchase on spends made with the Swiggy HDFC Bank credit card.
• Zero lost card liability – The cardholder is not liable for any fraudulent transactions on reporting immediately about card loss or theft to the bank’s 24-hour call center.
• Revolving Credit – The credit card has a nominal interest rate.
• Add-on Cards – Get up to 3 complimentary add-on credit cards for your family members

How to Link the Credit Card to the Swiggy App

Follow these steps to link your credit card to the Swiggy app –

• Open the Swiggy application and click the “Accounts” section at the top right. Then, apply for a lifetime free credit card. Afterwards, open the Credit Card page.
• Select the Swiggy HDFC Bank Credit Card.
• Scroll down to the bottom of the page. You will see ‘Already Got the Card?’ Next, click on “Link your Card to Swiggy.”
• Enter the mobile number registered with your credit card.
• Enter the OTP sent to you for authentication, and the credit card will be successfully linked.

Swiggy HDFC Bank Credit Card – Fees and Charges

The following are the fees and charges associated with the credit card –

• The joining and renewal fees of the card is Rs. 500 plus taxes. You can get the renewal fee waived off on spending Rs. 2 Lakhs in the previous year.
• The interest rate on the card is 3.6% per month or 43.2% per annum
• The cash advance fee on the card is 2.5% of the amount or Rs. 500, whichever is higher
• The forex markup fee on the card is 3.5% of the transaction amount

Eligibility Criteria and Documents Required

You must meet certain eligibility requirements to apply for the Swiggy HDFC Bank credit card.

• The applicant must be 21 to 60 years of age in case of salaried, and 21 to 65 years of age in case of self-employed people.
• The applicant must be an Indian citizen.
• The applicant must have minimum monthly salary of Rs. 25,000, or in case of self-employed people, an ITR return of Rs. 6 Lakhs or more per annum

You must provide the following documents whenever you apply for a lifetime free credit card. A recent photograph must also be provided along with the following documents –

ID Proof – Aadhar Card, PAN Card, Driver’s License, Passport, etc.

Address Proof – Aadhar Card, Rent Agreement, Ration Card, Passport, Latest Utility Bills, etc.

Income Proof – Salaried individuals need to provide the latest 2 months’ salary slips and the bank statements. Self-employed individuals need to provide their audited ITR of the previous year.

Swiggy HDFC Bank Credit Card Review

For the first time, Swiggy has launched a co-branded card, and you can get the Swiggy HDFC Bank credit card for a joining fee of ₹500. It is perfect for loyal Swiggy users as you can get 10% cashback on spends across the Swiggy platform, along with 5% cashback on other popular brands. Also, you get a complimentary 3-month Swiggy One membership worth ₹1199 as a welcome benefit.

The cashback is earned in the form of Swiggy Money, and you must link the card with the Swiggy app in order to redeem the cashback earned. You can apply for the card either through the Swiggy app or via HDFC Bank. Moreover, the card is on the Mastercard network, and you even get World Tier Mastercard benefits with the card on top brands and multiple locations.

If you frequently order food from Swiggy and would like to enjoy some additional savings on your dining expenses, we recommend that you consider getting the Swiggy HDFC Bank credit card. This card also offers savings on other well-known brands. Feel free to share your thoughts on this newly released credit card in the comments section.