HDFC Bank, India’s largest private bank, and Swiggy, India’s leading on-demand convenience platform launched Swiggy HDFC Bank co-branded credit card. The credit card will offer incentives and benefits to cardholders across multiple online channels, including Swiggy. This card blends Swiggy’s unrivalled customer-centric approach with HDFC Bank’s dependable banking services in order to provide the most rewarding card for online shopping.
Swiggy’s dedication to providing excellent convenience and value to users is reinforced by the relationship. Credit card holders will be able to access a variety of perks, including a 10 per cent cashback on Swiggy purchases on food delivery, quick commerce grocery delivery, eating out, and other services.
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Cardholders will also earn a rewarded 5 per cent cashback on purchases made on a variety of sites, including Amazon, Flipkart, Myntra, Nykaa, Ola, Uber, PharmEasy, NetMeds, BookmyShow, and many more. This benefit of an extra 5 per cent cashback will also be available on branded websites such as Nike, H&M, Adidas, and Zara, to mention a few. Customers will also receive 1 per cent cashback on other purchases. Cardholders will receive cashback in the form of Swiggy Money, which may be used for a variety of transactions on Swiggy.
As a welcome bonus, cardholders will receive a 3-month Swiggy One membership, the country’s first membership programme that offers benefits across food, groceries, dining out, and pick-up and drop services. Swiggy HDFC cardholders will benefit from World Tier Mastercard perks such as free stay and dine, gratis loyalty memberships, and more, in addition to earning cashback on everyday transactions, increasing the whole experience.
The credit card will be phased-in over the next 7-10 days via the Swiggy app, after which all eligible users will be able to apply for it.
Rahul Bothra, Chief Financial Officer, Swiggy said, “Enabling unparalleled convenience to consumers is at the heart of what we do at Swiggy. We recognize that modern-day consumers actively seek rewards, offers, and cashback programs that add value to their spending. Keeping this in mind, we have launched this all-encompassing card in partnership with HDFC Bank and Mastercard that makes everyday shopping moments across a range of categories more rewarding and convenient.”
“As the leading card issuer in the country, we continuously strive to offer innovative and tailored solutions to meet the evolving needs of our customers. Dining and Grocery are at the core of customer’s daily needs, and with this strategic collaboration we are offering convenience of both categories bundled with great value. The cardholders will be able to enjoy exclusive deals and unparalleled convenience on an array of products and services. We look forward to welcoming our customers to enjoy the unique privileges of the card and continue to lead the way in providing best-in-class financial solutions,” said Parag Rao, Country Head – Payment Business, Consumer Finance, Technology and Digital Banking, HDFC Bank.
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