Starting from 21st June, any cashback earned will now be adjusted against the credit card statement, rather than appearing as Swiggy money on Swiggy. Such a wonderful upgrade by HDFC in this devaluation season.
We're elated to upgrade how you earn CashBack on your Swiggy HDFC Bank Credit Card xxxx.
Starting from 21 st June, 2024, any CashBack you earn will reflect in your Credit Card Statement, rather than appearing as Swiggy Money CashBack on the Swiggy app. This means your CashBack will directly reduce your statement balance for next month.
For example, If your statement is generated on the 21st each month, CashBack earned from the 21st of April to the 20th of May will appear on your May statement and will reduce the amount you owe in June.
Here's a detailed overview of your Enhanced CashBack Structure:
Feature
Description
Current Structure
New Structure (effective 21 st Jun’2024)
Reward Type
CashBack credited as Swiggy Money
on the Swiggy App
CashBack credited and adjusted against
outstanding balance in card statement
Reward
Timeline
CashBack credited 10 days post statement
generation
CashBack credited and adjusted in subsequent monthly statement
Reward
Benefit
- 10% Cashback on Swiggy application
(Food ordering, Instamart, Dineout &
Genie).
- 5% Cashback on online spends
- 1% Cashback on other categories. For
list of exclusions & capping
- 10% Cashback on Swiggy application
(Food ordering, Instamart, Dineout &
Genie).
- 5% Cashback on online spends
- 1% Cashback on other categories. For
list of exclusions & capping
Redemption
CashBack is redeemable as Swiggy Money only on Swiggy App
CashBack will directly reduce your next
month's statement balance.
Validity
1 year
No validity
Note: Until 20th June 2024, your CashBack earned will continue to reflect on your Swiggy App.
Please be assured that we’ve made this change to help you keep track of your finances more easily and use your CashBack more effectively.
If you have any questions or need more details, please feel free to contact us on 1800 1600 / 1800 2600
We thank you for your understanding and assure you of our best services always.
Starting from 21st June, any cashback earned will now be adjusted against the credit card statement, rather than appearing as Swiggy money on Swiggy. Such a wonderful upgrade by HDFC in this devaluation season.
Got a mail just now stating that cashback earned on Swiggy HDFC credit card will start accounting towards statement instead of swiggy money. Check details in image attached.
For all those who didn't want this card because the cashback was received in form of swiggy money, this is a positive change for them.
Starting from 21st June, any cashback earned will now be adjusted against the credit card statement, rather than appearing as Swiggy money on Swiggy. Such a wonderful upgrade by HDFC in this devaluation season.