Swiggy HDFC Bank Credit Card

Eligibility Criteria

Swiggy HDFC Bank Credit Card

The Swiggy HDFC Bank Credit Card is a co-branded credit card designed to give exclusive benefits for all food lovers and frequent Swiggy users. The card brings together the reliability of HDFC Bank with the convenience of Swiggy, India’s leading food delivery platform. Let us delve into the details of this appetizing credit card offering.

Card Details

• Issuer: HDFC Bank in association with Swiggy

• Card Type: Visa

• Annual Fee: Rs. 500; reversed in the event of an expenditure of Rs. 50,000 or more in the prior year

• Joining Fee: Rs. 500; reversed in case the spends in the first 60 days are more than Rs. 5,000

• Interest Rate: 3.49% per month (41.88% per annum)

• Cash Advance Limit: Up to 40% of credit limit

• Credit Limit: Customized, income and credit score-based

Eligibility Criteria

In order to apply for this Swiggy HDFC Bank Credit Card, you need to meet the below eligibility criteria:

1. Age: 21–60 years

2. Employment: Salaried or Self-employed professional

3. Income: At least Rs. 3 lakh per annum

4. Credit Score: Generally above 700

5. Citizenship: Indian resident

6. Swiggy Account: Active Swiggy account and previous order history

Required Documents

Following is the list of documents needed for a Swiggy HDFC Bank Credit Card:

1. Duly filled application form

2. Passport size photograph

3. Identity Proof: PAN Card, Aadhaar Card, Passport, or Voter ID

4. Address Proof: Aadhaar Card, Passport, Utility Bill not more than 3 months old, or Rental Agreement

5. Income Proof:

   – Salaried: Latest 3 months pay slips and Form 16

– Self-employed: ITR for the past 2 years, bank statements for the past 6 months

6. Swiggy account details (registered mobile number or email ID)

Card Benefits & Features

1. Swiggy Cashback

   – 10% Swiggy cashback on every order

   – 5% of Swiggy cashback on dine-out at partner restaurants

   – The upper ceiling on the cashback is Rs. 200 Swiggy cashback every month for orders on the Swiggy app

2. Welcome Benefits:

   – Rs. 500 worth of Swiggy vouchers on card activation

   – Complimentary 3-month Swiggy One membership

3. Milestone Benefits:

   – Annual fee waiver on spending Rs. 50,000 or more in a year

   – Additional Rs. 1,000 Swiggy voucher on spending Rs. 1,00,000 in a year

4. Rewards Points:

– 2 reward points per Rs. 100 spent on all other categories

   – 1% fuel surcharge waiver at all petrol pumps maximum Rs. 250 per month

5. Entertainment Benefits:

   – Buy 1 Get 1 free movie ticket on BookMyShow up to 2 times a month

   – Complimentary lounge access at select domestic airports 2 per quarter

6. Insurance Coverage :

– Up to Rs 50 lakhs of travel insurance cover

    – Purchase protection for 90 days

7. EMI Facility:

    – Purchases over Rs. 2,500—convert into easy EMIs

Card Description

The Swiggy HDFC Bank Credit Card is meant for food enthusiasts and regular Swiggy platform users who would like to maximize their savings on food orders and dining experiences. This co-branded card brings attractive cashback on orders placed with Swiggy and partner restaurants, making it lucrative for customers ordering food online or going out for dinner on a frequent basis.

This will be the signature Swiggy orange with the logo of the company quite upfront. The card has a sleek and modern look, indicative of the innovative new partnership between HDFC Bank and Swiggy.

It comes with a competitive rewards program that allows users to earn points for every spend, which can be redeemed against Swiggy vouchers and plenty of other exciting rewards. The milestone benefits are aimed at inducing them to use the card frequently by offering additional benefits for crossing spending thresholds.

The Swiggy HDFC Bank Credit Card is beyond food and extends to covering the lifestyle needs, like movie ticket offers, airport lounge access, and travel insurance. This makes it a really all-rounded credit card for the young professional and foodie alike.

Annual fee of Rs. 500 per annum is quite justified considering the benefits on offer and waiver of fee on meeting the annual spending requirement makes it all the more luring. Actually, this waiver even lets new cardholders start using the card immediately as the joining fee waiver on initial spending is another incentive.

Though this card delivers a lot of amazing benefits to Swiggy users, the interest rate is, by the way, on a higher side. Therefore, cardholders are advised to pay their bills in full every month to stop incurring high-interest charges.