HDFC Bank Swiggy Credit Card

The HDFC Bank Swiggy Credit Card is designed for individuals who frequently order food, groceries, and other essentials through Swiggy whilst also making regular online purchases. This co-branded credit card offers exceptional value for loyal Swiggy users, providing generous cashback rewards across the Swiggy ecosystem from food delivery and Instamart to Dineout services. With its attractive 10% cashback on Swiggy spends and 5% on other online purchases, the card presents an opportunity to save a significant amount annually.  

Overview 

• Mastercard World Platform: The card is issued on the Mastercard World platform, providing access to exclusive benefits, privileges, and offers at top brands and merchant locations globally. 

• Interest-Free Credit Period: Enjoy an interest-free period of up to 50 days from the date of purchase, helping cardholders manage cash flow efficiently. 

• Zero Lost Card Liability: In the unfortunate event of losing the card, cardholders have zero liability on fraudulent transactions upon immediate reporting to the 24-hour call centre. 

• Contactless Payments: The card is enabled for contactless payments, facilitating fast, convenient, and secure transactions at retail outlets for amounts up to ₹5,000. 

• Smart EMI Facility: Convert large purchases into easy monthly instalments at competitive interest rates, providing flexibility in managing expenses. 

• Add-on Cards: Issue supplementary cards to family members, allowing them to share the credit limit and benefits whilst building their credit profile. 

Rewards and Benefits 

Earning Cashback on Swiggy 

• 10% Cashback: Earn 10% cashback on all eligible transactions made through the Swiggy application, including food ordering, Instamart, Dineout, and Genie services. 

• Monthly Cap: The maximum cashback that can be earned on Swiggy spends is ₹1,500 per billing cycle. 

• Direct Credit: From June 2024 onwards, cashback is credited directly to the credit card statement in the following billing cycle, making redemption seamless. 

Note: Cashback is not earned on transactions made using Swiggy Money Wallet, Swiggy Minis, Swiggy Liquor, and any other categories that may be excluded from time to time. 

Earning Cashback on Online Purchases 

• 5% Cashback: Receive 5% cashback on online spends across eligible categories, including apparels, electronics, entertainment, home décor, department stores, personal care, pharmacies, local cabs, pet stores and supplies, and discount stores. 

• Monthly Cap: The maximum cashback that can be earned on online purchases is ₹1,500 per billing cycle. 

• Eligible MCCs: The cashback applies to specific Merchant Category Codes (MCCs) as defined by HDFC Bank. Cardholders should refer to the terms and conditions for the complete list of eligible categories. 

Note: 5% cashback does not apply to gift cards, grocery purchases, flight bookings, hotel bookings, and certain other categories as specified by the bank. 

Earning Cashback on Other Spends 

• 1% Cashback: Earn 1% cashback on all other eligible spends, including offline transactions and purchases outside the 10% and 5% cashback categories. 

• Monthly Cap: The maximum cashback that can be earned on other spends is ₹500 per billing cycle. 

• Exclusions: The following transaction types are excluded from earning any cashback: fuel, rent, EMI conversions, wallet loads, jewellery purchases, and government-related spends. 

Redeeming Cashback 

• Statement Credit: All cashback earned is credited directly to the credit card statement after statement generation, reducing the outstanding balance automatically. 

Complimentary Swiggy One Membership 

• 3-Month Membership: Receive a complimentary Swiggy One membership for 3 months upon card activation as a welcome benefit. 

• Membership Benefits: Swiggy One is a premium subscription offering unlimited free deliveries across restaurants, Instamart, and Genie orders, along with exclusive discounts from select restaurants. 

• Activation Process: Cardholders can activate the card by making a transaction, setting a PIN, or enabling card controls such as online or international transactions. The Swiggy One membership option becomes available in the Swiggy app within 2-3 days of card activation. 

• Extension for Existing Members: If the cardholder is already a Swiggy One member, the existing membership will be extended by an additional 3 months. 

Mastercard World Benefits 

• Golf Programme: Enjoy 4 complimentary rounds of green fees per calendar year (limited to one round per month) and 12 complimentary golf lessons annually (one lesson per month). Additionally, members can avail discounted golf services at 50% off the regular green fee. 

Disclaimer: The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice.