New HDFC Swiggy Credit Card Details Leaked!!!

[knight]

HDFC Swiggy Credit Card has been discussed for a few days on TFC as well as other communities and articles.

So far, there was no confirmation on the exact features of the card except a few screenshots and rumors.

Finally, the details are out!

The card is an invite-only card as of now available only through Swiggy app - my account section.
It will be available through HDFC bank after some time.

Welcome Benefits:
- Complimentary 3 months Swiggy One Membership.
If the cardholder is already a Swiggy One member, the benefit can be availed by add-on card holder.

Features:
- 10% cashback on spends on the Swiggy app, including food, dineout, genie etc.
Capped at 1500/cycle.

- 5% cashback on listed categories.
(Categories - apparel, dept store, electronics, personal care, local cabs, home decor, pet store & supplies, pharmacy, entertainment)
Capped at 1500/cycle.

- 1% cashback on all other spends.
Excluding wallet, fuel, rent, emi, jewelry, govt. payments.
Capped at 500/cycle.

- Cashback will be credited as Swiggy Money.
- Minimum spend of 100 to avail cashback.


Joining Fee: INR 500 + gst.

Renewal Fee: INR 500 + gst.

Waiver Criteria: Spend 2 lakhs in a year

Lounge Access:
Based on the information shared by HDFC employee and in internal document, there is NO lounge benefit on this card.


Update:
The card details are live on Swiggy App and HDFC Bank website.

Swiggy Credit Card - Get Cashbacks on Swiggy App | HDFC Bank

Apply for Swiggy Credit Card by HDFC Bank and get exclusive 10% cashback on Swiggy App. Save upto 6.8% annually on spends & enjoy complimentary Swiggy One Membership.

www.hdfcbank.com

Swiggy HDFC Bank Credit Card with 10% Cashback on spends

With the new Swiggy HDFC Bank Credit Card, enjoy upto 10% cashback on Swiggy spends, 5% cashback on online spends and 1% cashback on other spends. Also, get Welcome Benefit of 3 months of Swiggy One Membership. Apply today.

www.swiggy.com

 

[SSV]

The 5% you mentioned, is different from 5% we are getting in flipkart CC ?

Yes, the 5% I mentioned is for general AXIS CC ( in my case previlige) . It doesn't refer to FK CC. ( I closed that useless card , as you know)..

 

[VISHESH_BANSAL]

Yes, the 5% I mentioned is for general AXIS CC ( in my case previlige) . It doesn't refer to FK CC. ( I closed that useless card , as you know)..

But tncs are not available on website.

Do you have any idea about tncs?

Did you availed the same offer in past also ?

 

[SSV]

But tncs are not available on website.

Do you have any idea about tncs?

Did you availed the same offer in past also ?

Yes , I did . I got cashback on my previlige card but only after more than 120 days..

 

[SSV]

Yes , I did . I got cashback on my previlige card but only after more than 120 days..

Got the geneneral 1% reward points as well, after a few days

 

[SSV]

But tncs are not available on website.

Do you have any idea about tncs?

Did you availed the same offer in past also ?

This is the only T&Cs that I am aware of.. You may well be aware of this...

 

[SSV]

My predictions about this card and gift vouchers..

As we all agree this card will see the fate of Zomato card eventually, I do think it won't take more than 1 year.
Until then gift vouchers will be available for less than 5 % discount per say...
After they observe that not much is happening on the card front and the revenue from gift vouchers also reduces substantially with in this year period, they will start increasing the gift voucher discount may be up to 10% ( in total) or beyond say 12% in one years time.
My reason being, Food business is very high margin business and the gift vouchers also expire within one year and they don't want to lose income from GV stream..
Hence I will be loading up to about 6 months GVs.
Last year I spent about 80K.. so need to have a plan for this...

 

[Abhishek012]

Pura dimag laga k HDFC t&c banata hai.

5% cashback Categories - apparel, dept store, electronics, personal care, local cabs, home decor, pet store & supplies, pharmacy, entertainment.

 

[iamabhisekagar]

Pura dimag laga k HDFC t&c banata hai.

5% cashback Categories - apparel, dept store, electronics, personal care, local cabs, home decor, pet store & supplies, pharmacy, entertainment.

Cashback Card Milne ke baad ab to Tata Neu CC bhi redundant lag rha h...any reason for me to keep this card?

 

[VISHESH_BANSAL]

Cashback Card Milne ke baad ab to Tata Neu CC bhi redundant lag rha h...any reason for me to keep this card?

LTF hai Neu ?

 

[SSV]

Cashback Card Milne ke baad ab to Tata Neu CC bhi redundant lag rha h...any reason for me to keep this card?

I don't think SBI CB will be lucrative for longer period, its devaluation comes sooner than later. So not advised to put all eggs in the same basket..

 

[iamabhisekagar]

LTF hai Neu ?

Haan

 

[VISHESH_BANSAL]

Haan

LTF is the Reason to Keep this Card

 

[iamabhisekagar]

I don't think SBI CB will be lucrative for longer period, its devaluation comes sooner than later. So not advised to put all eggs in the same basket..

Right Now I have 8 CC in my name and 4 on my father's name...I have to optimize my CC portfolio...2 more CC are in process

 

[SSV]

Right Now I have 8 CC in my name and 4 on my father's name...I have to optimize my CC portfolio...2 more CC are in process

Sure, need to keep the house clean and again
Ultimately, nothing is permanent in this world except for the "change". To combat the negative impact of the unforseen change , we need a balanced portfoio.. Embrace the change, and not resist... Do not attach too much to one thing...
You could have more than 10 to 15 CCs in the long term, there won't be any harm... minimise the cost, maximise the return and have a balanced portfolio..,is what I think an ideal situation to have...

 

[iamabhisekagar]

Since we are on this topic...I am going create a thread on it and would like to get your suggestions

 

[SSV]

Since we are on this topic...I am going create a thread on it and would like to get your suggestions

Okey dokey..

 

[SSV]

Okey dokey..

Got to go to bed soon. catch up later in the new thread..

 

[Abhishek012]

Cashback Card Milne ke baad ab to Tata Neu CC bhi redundant lag rha h...any reason for me to keep this card?

RuPay variant hai toh HDFC bank UPI spend based offer dete hai. Use RuPay UPI for other card CC bill payments.

 

[captaintorchtm]

Confirmed!

HDFC Bank launches co-branded credit card with Swiggy

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

blog.swiggy.com

 

[Indian]

Confirmed!
View attachment 23914

HDFC Bank launches co-branded credit card with Swiggy

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

blog.swiggy.com

So ! The rival zomato come with ICICI or The Great Devaluation King AXIS bank