Swiggy HDFC Bank Credit Card, Rewards and Benefits, Joining Fees & Charges, Apply Online

Swiggy HDFC Bank Credit Card

HDFC Bank, the leading card issuer in India, offers a wide range of credit cards catering to various needs such as super-premium, travel, fuel, shopping, and more. In addition to its regular credit card lineup, HDFC also partners with various brands to offer co-branded credit cards. One such recent partnership is with Swiggy, a popular food delivery platform, for the Swiggy HDFC Bank credit card.

The Swiggy HDFC Bank credit card is a great option for loyal Swiggy customers who regularly order food online. The card has a joining fee of Rs. 500 plus taxes and offers benefits such as up to 6.8% savings on annual spending of over Rs. 2 lakhs. As a welcome benefit, cardholders receive a complimentary Three-month Swiggy One membership and can earn up to 10% cashback on their spending across Swiggy.

Overall, the Swiggy HDFC Bank credit card is a valuable addition to HDFC’s credit card portfolio, offering exclusive benefits and privileges to Swiggy customers.

Rewards and Benefits

1. Movie & Dining: The Swiggy HDFC Bank credit card offers a 10% cashback on the Swiggy app, including food orders, Instamart, Dineout, and more.
2. Rewards Rate: Cardholders can earn 10% cashback across the Swiggy app, 5% cashback on online spending, and 1% cashback on other categories.
3. Reward Redemption: Cashback will be automatically redeemed in the form of Swiggy Money, which can be used for future purchases on the Swiggy app.
4. Travel: The card offers up to 5% cashback on merchants like Uber and Ola, making it a convenient option for frequent travelers.
5. Golf, Domestic Lounge Access, and International Lounge Access: These benefits are not available with the Swiggy HDFC Bank credit card.
6. Insurance Benefits: The card does not offer any insurance benefits.
7. Zero Liability Protection: Cardholders will not be liable for any fraudulent transactions made with the card if they report the loss or theft of the card to the bank in a timely manner.

Fees & Charges

1. Spend-Based Waiver: Cardholders can enjoy a renewal fee waiver by spending Rs. 2 Lakhs in a year, making it easier to offset the annual fee.
2. Rewards Redemption Fee: There is no fee for redeeming rewards earned through the card, allowing cardholders to enjoy their benefits without any additional charges.
3. Foreign Currency Markup: A foreign currency markup of 3.5% of the total amount is applicable when using the card for international transactions.
4. Interest Rates: The card has an interest rate of 3.6% per month or 43.2% per annum, which is standard for credit cards in India.
5. Fuel Surcharge: There is no information available about fuel surcharge benefits or charges for the Swiggy HDFC Bank credit card.
6. Cash Advance Charges: Cash advances using the card will incur a charge of 2.5% of the amount or Rs. 500, whichever is higher.
7. Add-on Card Fee: There is no fee for getting an add-on card for family members or dependents.

Product Details

• As a welcome benefit, cardholders receive a complimentary Three-month Swiggy One membership, providing exclusive offers and benefits on food orders.
• The card offers 10% cashback across the Swiggy app, allowing users to save on their food orders and other services.
• For online spending at top brands, cardholders can enjoy a 5% cashback, making shopping more rewarding.
• Additionally, the card offers 1% cashback on all other spends, ensuring that cardholders earn rewards on every purchase they make.

Pros/Cons

Pros:

1. Earn 10% cashback on all Swiggy food delivery orders, including Genie and Instamart.
2. Enjoy up to ₹1,500 cashback per month on major online shopping platforms.
3. Receive a complimentary three-month Swiggy One membership, ideal for food enthusiasts.

Cons:

1. Cashback redemption is limited to the Swiggy app.
2. No access to domestic or international airport lounges with the Swiggy HDFC Credit Card.
3. High foreign currency markup of 3.5%.

Swiggy HDFC Bank Credit Card – Features & Benefits

1. Welcome Benefit:
   Upon card activation, enjoy a complimentary Three-month Swiggy One membership as a welcome benefit. Existing members can also extend their membership for an additional 3 months.
2. Renewal Fee Waiver:
   Spend Rs. 2 Lakhs in the anniversary year to waive off the Rs. 500 renewal fee. Certain spends like Cash on Call, Cash Withdrawal, and Balance Transfer are excluded from this calculation.
3. Swiggy HDFC Bank Credit Card Rewards & Cashback:
4. 10% Cashback on Swiggy:
   Earn 10% cashback on all Swiggy app transactions, including food orders, Instamart, Dineout, and Genie. Maximum cashback is Rs. 1500 per billing cycle, excluding Swiggy Money Wallet, Swiggy Minis, and Swiggy Liquor. Transactions below Rs. 100 are not eligible for cashback.
5. 5% Cashback on Online Spends:
   Get 5% cashback on online purchases from top brands like Nykaa, BookMyShow, Ola, Myntra, Amazon, Uber, Adidas, H&M, and more. Applicable categories include Apparel, Electronics, Entertainment, Home Décor, Department Stores, Personal Care, Medical Stores, Local cabins, Pet Stores, and Discount Stores. Maximum cashback is Rs. 1500 per billing cycle.
6. 1% Cashback on Other Spends:
   Earn 1% cashback on all other categories, up to Rs. 500 per billing cycle. Excluded categories include Fuel, Rent, Wallet, EMI, Jewellery, and Government transactions.
7. Reward Redemption:
   Cashback is credited as Swiggy Money and can only be used on the Swiggy app. Redeem the cashback by selecting Swiggy Money as the payment method. Swiggy Money is valid for 1 year from the earning date, and the system automatically uses the money with the closest expiration date first.

Swiggy HDFC Bank Credit Card – Features & Benefits

Mastercard World Tier Benefits:

Being a Mastercard World Tier card, the Swiggy HDFC Bank credit card offers a range of benefits such as complimentary loyalty memberships, dining and stay privileges, and more from top brands. Enjoy various privileges across sports, shopping, travel, arts, and culture in multiple countries worldwide.

Additional Features:

1. Interest-free Credit Period: Enjoy an interest-free period of up to 50 days from the date of purchase on transactions made with the Swiggy HDFC Bank credit card.
2. Zero Lost Card Liability: Cardholders are not liable for fraudulent transactions upon immediate reporting of card loss or theft to the bank’s 24-hour call center.
3. Revolving Credit: The credit card offers a nominal interest rate for revolving credit.
4. Add-on Cards: Receive up to 3 complimentary add-on credit cards for your family members.

How to Link the Credit Card to the Swiggy App:

To link your credit card to the Swiggy app, follow these steps:

1. Open the Swiggy app and go to the “Accounts” section.
2. Apply for a lifetime free credit card and open the Credit Card page.
3. Select the Swiggy HDFC Bank Credit Card.
4. Scroll down and click on “Already Got the Card?” and then “Link your Card to Swiggy.”
5. Enter the mobile number registered with your credit card and the OTP for authentication to successfully link the card.

Swiggy HDFC Bank Credit Card – Fees and Charges:

1. Joining and Renewal Fees: Rs. 500 plus taxes, with the renewal fee waived on spending Rs. 2 Lakhs in the previous year.
2. Interest Rate: 3.6% per month or 43.2% per annum.
3. Cash Advance Fee: 2.5% of the amount or Rs. 500, whichever is higher.
4. Forex Markup Fee: 3.5% of the transaction amount.

Eligibility Criteria:

1. Age: 21 to 60 years for salaried individuals, 21 to 65 years for self-employed individuals.
2. Citizenship: Indian.
3. Income: Minimum monthly salary of Rs. 25,000 for salaried individuals, or Rs. 6 Lakhs or more per annum in the case of self-employed individuals.

Swiggy HDFC Bank Credit Card Review:

The Swiggy HDFC Bank credit card is a great option for loyal Swiggy users, offering 10% cashback on Swiggy transactions and 5% cashback on other popular brands. The complimentary Three-month Swiggy One membership adds further value. The cashback is earned in Swiggy Money and can be redeemed by linking the card with the Swiggy app. Overall, this Mastercard World Tier card provides excellent benefits for food enthusiasts and frequent online shoppers.