Swiggy and HDFC Bank comes with a great offer on Food and Online Shopping. Our Detailed review and list of benefits on this credit card.
Food delivery platform Swiggy, in collaboration with HDFC Bank, has launched Swiggy HDFC Bank credit card, marking another significant milestone. As credit card users eagerly await the benefits, we provide a comprehensive review and details on cashback, annual fee and limits.
Get Coupons discount + extra 10% cashback (for using this card) is a bonus and the best offer you can get as you dont have to make high value orders to avail the benefit like in other bank cards.
The Partnership of Swiggy and HDFC Bank
The partnership with HDFC Bank allows cardholders the convenience of using their co-branded card across various transactions on the Swiggy app and various other online platforms, creating an easily accessible payment network.
Target Audience and the Purpose of Co-Branded Credit Card
The Credit Card is targeted towards regular Swiggy users. Launching a co-branded credit card will enable customers to get cashback in the form of Swiggy Money, which can be used across different categories including food and grocery delivery. So its mainly best for them only.
Features and Benefits of the Swiggy HDFC Bank Co-Branded Credit Card
This co-branded credit card offers customers a number of exciting incentives and discounts on their regular Swiggy spends, grocery delivery services and the category best on online shopping.
3 Months Swiggy One Free Membership
Get welcome benefit of 3 months free One Membership (unlimited free delivery, additional discounts) worth Rs.1200 value on this cc.
5% Cashback on Shopping Online:
The credit card users can enjoy an array of benefits, such as exclusive discounts and cashback on Swiggy spends, and even rewards on spends across other food delivery platforms. Additionally, cardholders will also receive 5% cashback on shopping across platforms (merchants list):
- All E-commerce portals (Amazon, Flipkart, Myntra, Nykaa etc)
- All Online Electronics portals
- All Online Entertainment portals (Bookmyshow, INOXmovies etc)
- Online Hobbies websites / apps
- Online local cabs
- Online Departmental stores
- Online home decor
- Online Medicines (Netmeds, 1mg etc)
- Online Personal care
Maximum savings capped Rs.1500 per month for this category only.
Cashback Offers on Swiggy Spends (10%)
Cardholders will get 10% cashback in the form of Swiggy Money on all orders placed on the Swiggy app.
- Food Order
- Instamart Order
- Dineout Order
- Genie Order
Maximum limit of saving Rs.1500/month for this category. Additionally, the co-branded credit cardholders can also earn 5% cashback on spending across other popular food delivery platforms.
Offers on Other and Offline Spends (1%)
1% cashback upto Rs.500/month on other dining, food, grocery, offline spends.
Master Card Benefits and Extras
This card is launched in partnership with Mastercard. The partnership results in a convenient payment network that facilitates effortless transactions.
To make the deal even sweeter, this card also offers additional Mastercard benefits.
- 12 free gulf lessons per year
- upto 12% extra discount on Hotel bookings using Agoda
The Process for Card Application and Cost
Scroll till the end for the link of applying the card, the card costs Rs.500 per year, it will be reversed if you spend Rs.200000 per year.
How Swiggy HDFC Compares to Other Food Delivery Co-Branded Cards
Unlike other cards, the Swiggy credit offers considerable cashback on Swiggy spends and other food delivery platforms, along with additional rewards on online shopping platforms, Zomato dont have any such offerings right now. So its a win win offer.
Potential Drawbacks or Limitations
Despite numerous advantages, the card may have limitations, like cashback in form of Swiggy Money, which can be used for next purchases. Or maybe if you don’t do much spends online.
No cashback on: House Rent, Utilities, Fuel, Insurance pay, EMI, Jewelers, Govt payments, Wallet refill
1% limit on: Flights, Hotels booking
Is the Swiggy HDFC Bank Co-Branded Credit Card Worth It?
Given its noteworthy benefits, exceptional cashback offers and rewards, the Card is undeniably a valuable investment, especially for regular Swiggy users who can order food or grocery.
Tips for Maximizing the Offers and Benefits
To capitalize on the card’s benefits, users should frequently use the card for food, grocery deliveries, and other online shopping, ensuring maximum cashback. The 5% cashback on online transaction is a big boost and similar to SBI Cashback card. You can easily get return in 1-2 month of spending only or in just few days if you are a high online spender.
Conclusion: Final Thoughts and Future Expectations
The top bank of India and the top platform of food delivery partnership represents a significant step toward enhancing user experience. The card stands out in the market for its cashback benefits and rewards, offering a new era of online transactions and discount lovers. Get it before the stop issuing it or devalue: