HDFC Swiggy Credit Card
Product Details
Credit Card Name :
HDFC Swiggy Credit Card
Bank Name :
HDFC Bank
Type :
Cashback Credit Card
Interest Rate :
3.6% per month (i.e., 43.2% per annum)
Eligibility :
You must be an Indian citizen.
You must be 21-60 years of age if you are salaried, and 21-65 years of age if you are self-employed.
Your net monthly income must be greater than Rs. 15,000 if you are salaried, and your ITR must be greater than Rs. 6 lakhs per annum if you are self-employed.
Pros
Welcome Benefit: Earn free Swiggy One membership for 3 months, with exclusive discounts and benefits like free deliveries and priority customer service.
Reward System: Get flat 10% cashback on swiggy order (food delivery, groceries, Dineout, Genie), capped at INR 1500 per month. Enjoy 5% cashback on online shopping across various categories like Amazon, Flipkart, Myntra, BookMyShow, etc., capped at INR 1500 per month. Earn 1% cashback on all other eligible spends, capped at INR 500 per month.
Annual Fee Reveral: The annual fee of INR 500 is waived off if you spend INR 2,00,000 or more in a year.
Cons
No free lounge visit.
No free movie tickets.
Limited number of value add features.
Pros & Cons
Welcome Benefits
Complimentary Swiggy One Membership for 3 months on card activation.
Rewards System
Reward System: Get flat 10% cashback on swiggy order (food delivery, groceries, Dineout, Genie), capped at INR 1500 per month. Enjoy 5% cashback on online shopping across various categories like Amazon, Flipkart, Myntra, BookMyShow, etc., capped at INR 1500 per month. Earn 1% cashback on all other eligible spends, capped at INR 500 per month.
International Forex Markup
3.5%.
Welcome Benefits and Reward System
Special Features
10% Cashback earned on Swiggy HDFC Bank Credit Card is redeemable as Swiggy Money only on Swiggy application on following Swiggy platforms -
Food ordering
Instamart
Dineout
Genie
Eligibility Criteria
You must be an Indian citizen.
You must be 21-60 years of age if you are salaried, and 21-65 years of age if you are self-employed.
Your net monthly income must be greater than Rs. 15,000 if you are salaried, and your ITR must be greater than Rs. 6 lakhs per annum if you are self-employed.
Benefits
Great cashback card.
Good online shopping cashback.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Eligibility: Check if you meet the eligibility criteria, which typically include a minimum income and age requirement (details on HDFC website).
Apply online: Visit the HDFC Bank website or app and fill out the online application form.
Documents: Submit the required documents like PAN card, address proof, and income proof.
Verification: HDFC will verify your documents and creditworthiness.
Approval: Upon approval, you will receive your credit card within 7-10 working days.
Contact Details
1800 1600
Account Opening and Procedure
HDFC Swiggy Credit Card
The HDFC Swiggy Credit Card is a good choice for frequent Swiggy users and online shoppers who can manage the annual fee. The high cashback rates and Swiggy One membership make it a valuable card for these groups. However, if you don't use Swiggy often or prioritize flexibility in reward redemption, other cards might be a better fit.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining Fee / Renewal Membership Fee – ₹500 /- + Applicable Charges
Cash Advance Charges: A transaction fee of 2.5% or ₹500 whichever is higher
Late Payment Charges: Ranges from INR 100 to INR 1300.
Interest Rate: 3.6% per month (i.e., 43.2% per annum)
Foreign Currency Mark-up Fees: 3.5%
Reward Redemption Fee: INR 99
Fuel Surcharge
1%, waived on transactions between INR 400 and INR 4,000
Billing Cycle
30 Days