HDFC Bank, India’s largest private bank, and Swiggy, India’s leading on-demand convenience platform today announced the launch of the Swiggy HDFC Bank co-branded credit card. The co-branded credit card, the first ever from Swiggy, will be hosted on Mastercard’s payment network. The credit card will provide cardholders rewards and benefits across various online platforms, including Swiggy. This card combines Swiggy’s unparalleled customer-centric approach along with HDFC Bank’s trusted banking services, with the aim to make it the most rewarding card for online shopping.
The partnership reiterates Swiggy’s commitment to providing users with exceptional convenience and value. The credit card users will be able to unlock a wide range of benefits including a 10% cashback on Swiggy spends across food delivery, quick commerce grocery delivery, dining out, and more.
The cardholders will also receive a rewarding 5% cashback on shopping across multitude of platforms including leading e-commerce platforms such as Amazon, Flipkart, Myntra, Nykaa, Ola, Uber, PharmEasy, NetMeds, BookmyShow, and many more. This benefit of additional 5% cashback will also apply on branded websites like Nike, H&M, Adidas, Zara to name a few. Furthermore, customers will also get 1% back on other spends. The cardholders will get cashback in the form of Swiggy Money which can be used across Swiggy for various transactions.
Mr. 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.”