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Swiggy HDFC Bank Credit Card 2024: A Comprehensive Review
HDFC Bank, a leading credit card issuer in India, offers a diverse portfolio of credit cards tailored to various needs, including super-premium, travel, fuel, shopping, and more. In collaboration with Swiggy, HDFC Bank introduces the exclusive Swiggy HDFC Bank Credit Card 2024, marking Swiggy’s first partnership with a bank on a credit card. With a joining fee of ₹500 plus taxes, this card is designed for loyal Swiggy users who frequently order food online, providing potential annual savings of up to ₹42,000.
Apply Swiggy HDFC Bank Credit Card
The Swiggy HDFC Bank Credit Card offers:
- 10% cashback on all Swiggy spends, including Dineout and Instamart.
- A complimentary 3-month Swiggy One membership as a welcome benefit.
Here’s a detailed overview of the card’s offerings, fees, and other information:
| Feature | Details |
|---|---|
| Joining Fee | ₹500 + GST |
| Renewal Fee | ₹500 + GST |
| Best Suited For | Dining | Food |
| Reward Type | Cashback |
| Welcome Benefits | Complimentary 3-Month Swiggy One Membership |
| Movie & Dining | 10% Cashback on Swiggy app including food orders, Instamart, Dineout, and more |
| Rewards Rate | 10% Cashback on Swiggy app, 5% Cashback on online spends, 1% Cashback on other categories |
| Reward Redemption | Cashback Against Credit Card Statement |
| Travel | Up to 5% cashback on merchants like Uber and Ola |
| Domestic Lounge Access | NA |
| International Lounge Access | NA |
| Golf | Free Golf Lessons (Mastercard World) |
| Insurance Benefits | NA |
| Spend-Based Waiver | Renewal fee waiver on spending ₹2 Lakhs in the year |
| Rewards Redemption Fee | Nil |
| Foreign Currency Markup | 3.5% of the total amount |
| Interest Rates | 3.6% per month or 43.2% per annum |
| Fuel Surcharge | NA |
| Cash Advance Charges | 2.5% of the amount or ₹500, whichever is higher |
Pros
- Get 10% cashback on all Swiggy food delivery orders, including Genie and Instamart.
- Up to ₹1,500 cashback per month across major online shopping platforms.
- Complimentary Swiggy One membership for three months is extremely beneficial for food enthusiasts.
Cons
- While offering great benefits on food, the card lacks additional perks such as free airport lounge access.
Welcome Benefit
Upon card activation, you receive a complimentary 3-month Swiggy One membership. If you already have this membership, you can extend it for an additional 3 months. Activation is required as per the latest RBI regulations, which includes:
- Making a successful transaction with the credit card.
- Using the card via OTP or IVR, setting up the card PIN, and enabling controls like online and international transactions.
10% Cashback on Swiggy
Enjoy 10% cashback on all spends across the Swiggy app, including food orders, Instamart, Dineout, and Genie. Maximum cashback is ₹1500 per billing cycle, excluding spends on Swiggy Money Wallet, Swiggy Minis, and Swiggy Liquor. Cashback does not apply to transactions below ₹100.
5% Cashback on Online Spends
Earn 5% cashback on online spends at top brands like Nykaa, BookMyShow, Ola, Myntra, Amazon, Uber, Adidas, H&M, and more. Maximum cashback per billing cycle is ₹1500. Note that 5% cashback does not apply to gift cards and grocery purchases.
1% Cashback on Other Spends
Get 1% cashback on other spending categories, capped at ₹500 per billing cycle. Excluded categories are Fuel, Rent, Wallet, EMI, Jewellery, and Government transactions.
Earn Direct Cashback
Previously credited as Swiggy Money, cashback is now credited directly against the credit card statement in the subsequent month, enhancing the card’s utility.
Mastercard World Tier Benefits
As a Mastercard World Tier card, enjoy benefits like:
- 12 free golf lessons across India.
- Up to 12% discount on Agoda.
- Complimentary stay and dinner for one person at designated Mastercard partner locations worldwide.
Additional Features
- Interest-free Credit Period: Up to 50 days from the date of purchase.
- Zero Lost Card Liability: No liability for fraudulent transactions on reporting loss or theft immediately.
- Revolving Credit: Nominal interest rate.
- Add-on Cards: Up to 3 complimentary add-on credit cards for family members.
How to Link the Credit Card to the Swiggy App?
To link your credit card to the Swiggy app, follow these steps:
- Open the Swiggy app and navigate to the “Accounts” section.
- Select “Apply for a lifetime free credit card” and open the Credit Card page.
- Choose the Swiggy HDFC Bank Credit Card.
- Scroll to the bottom of the page and click on “Link your Card to Swiggy.”
- Enter the mobile number registered with your credit card and the OTP sent for authentication.
- Your credit card will be successfully linked.
Eligibility Criteria
To apply for the Swiggy HDFC Bank Credit Card, you must meet the following criteria:
- Age: 21 to 60 years (salaried) or 21 to 65 years (self-employed).
- Indian citizenship.
- Minimum monthly salary of ₹25,000 or ITR return of ₹6 Lakhs per annum for self-employed individuals.
- Existing HDFC Credit Card holders can also apply.
Swiggy HDFC Bank Credit Card 2024 Review
The Swiggy HDFC Bank Credit Card, launched for the first time in collaboration with Swiggy, offers a joining fee of ₹500 and is ideal for frequent Swiggy users. It provides 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, which adds significant value.
If you’re interested in applying for the Swiggy HDFC Bank Credit Card 2024, click here to apply now.
Note: HDFC Swiggy Credit Card: Now Lifetime Free for specific users (Check Swiggy App)
