Swiggy HDFC Credit Card To Launch Co-Branded Credit Card With Exclusive Rewards
The card aims to provide numerous rewards and benefits for users across various online platforms
Swiggy and HDFC Bank have joined forces to introduce their first-ever co-branded credit card, which will operate on Mastercard's payment network. The card aims to provide numerous rewards and benefits for users across various online platforms, with a focus on enhancing their everyday shopping experiences.
Chief Financial Officer of Swiggy, Rahul Bothra, stated that modern consumers actively seek rewards, offers, and cashback programs that add value to their spending. With this in mind, the co-branded card offers a 10% cashback on Swiggy spending for food delivery, quick commerce grocery delivery, dining out, and more.
HDFC Bank launches co-branded credit card with Swiggy.
Read below to know more.#HDFCBank #News pic.twitter.com/tg1DutvxE5— HDFC Bank News (@HDFCBankNews) July 26, 2023
In addition to Swiggy-related benefits, cardholders will also enjoy a rewarding 5% cashback on shopping across a wide range of platforms, including popular e-commerce sites like Amazon, Flipkart, Myntra, Nykaa, and others. The collaboration aims to cater to customers' core daily needs, particularly in the dining and grocery sectors.
The credit card also comes with a welcome benefit, offering cardholders a complimentary 3-month membership to Swiggy One. This membership program provides exclusive benefits across food, grocery, dining out, and pick-up and drop services.
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Country Head of Payment Business, Consumer Finance, Technology, and Digital Banking at HDFC Bank, Parag Rao, highlighted that the strategic collaboration focuses on providing convenience and value for customers in both dining and grocery categories.
The rollout of the co-branded credit card will be carried out in phases on the Swiggy app, with eligible customers able to apply for it within the next 7-10 days.
In summary, the Swiggy HDFC Bank co-branded credit card aims to enhance customer experiences by offering rewards and benefits on various online platforms, making it a convenient and rewarding option for everyday spending needs.