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07

Nov

Everything You Need to Know About the HDFC Bank Swiggy Credit Card – Pros, Cons, and More

  • By : Team INROffers
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Introduction

  • Brief introduction to the HDFC Bank Swiggy Credit Card as a new offering tailored for Swiggy enthusiasts and frequent online shoppers.
  • Overview of the benefits, cashback offers, and eligibility.

Apply Here: https://bitli.in/Wyp7Yq6

 

Key Benefits of the HDFC Bank Swiggy Credit Card

  1. Swiggy-Related Cashback
    • Detailed description: 10% cashback on Swiggy purchases, including Swiggy Instamart, food delivery, Genie services, and Dineout.
    • Cashback cap: Rs 1500/month.
  2. Online Shopping Cashback
    • Highlight: 5% cashback on popular online platforms like Amazon, Flipkart, Myntra, and Nykaa.
    • Cashback cap: Rs 1500/month.
  3. General Spend Cashback
    • 1% cashback on all other categories, capped at Rs 500/month.
  4. Swiggy One Membership
    • Welcome benefit: 3 months of free Swiggy One membership, covering delivery and other service benefits on Swiggy.
  5. Interest-Free Period
    • Explanation of the up-to-50-day interest-free period for purchases, helping users manage cash flow efficiently.
  6. Zero Lost Card Liability
    • Protection against fraudulent transactions and lost cards if reported promptly.

Fees and Charges

  • Lifetime Free Card: No joining or annual fee, making it a zero-cost option for users looking for a high-value, low-commitment credit card.
  • List of Charges: Outline of any other charges that might apply for late payments or foreign transactions, even though it is advertised as a lifetime free card.

Eligibility Criteria and Documentation

  • Eligibility Criteria
    • Age requirement: 21-65 years.
    • Employment status: Open to salaried and self-employed individuals.
    • Income requirement: Rs 25,000/month for salaried, Rs 6 lakh/year for self-employed.
    • Minimum CIBIL score: 750, with an allowance for new-to-credit individuals.
  • Documents Needed
    • ID Proof: PAN Card/Form 60.
    • Address Proof: Options include Aadhaar, Passport, or utility bills.
    • Income Proof: Bank statements or salary slips.
    • Photograph: Passport-sized.

How to Apply for the HDFC Bank Swiggy Credit Card

  • Step-by-step guide on how to apply.
    • Apply Here: https://bitli.in/Wyp7Yq6
    • Redirect to Swiggy HDFC Bank Credit Card page.
    • OTP verification and login/join process.
    • Card selection based on eligibility.
    • Completing VKYC within 72 hours of the application.

Pros of the HDFC Bank Swiggy Credit Card

  1. High Cashback Potential for Swiggy Users
    • With up to Rs 1500/month cashback for Swiggy users, it's ideal for frequent users of Swiggy's services.
  2. Competitive Cashback on Online Shopping
    • 5% cashback on leading e-commerce platforms adds value for regular online shoppers.
  3. Lifetime Free with No Joining/Annual Fee
    • Accessible to users who prefer a no-fee credit card without compromising on benefits.
  4. Extended Interest-Free Period
    • Up to 50 days of interest-free period makes it a great option for cash-flow management and for planning purchases.
  5. Security Features
    • Zero lost card liability offers peace of mind against fraudulent charges upon prompt reporting.

Cons of the HDFC Bank Swiggy Credit Card

  1. Low Cashback Cap on Other Categories
    • 1% cashback cap of Rs 500/month for other categories may feel restrictive for users with diverse spending patterns.
  2. Eligibility Limitations
    • Requires a CIBIL score of 750+, which might limit access for individuals with lower credit scores or thin credit history.
  3. No Profits for Transactions Through HDFC Bank App
    • Profits not applicable for applications via the HDFC Bank app may limit earning opportunities for certain users.

Who Should Consider the HDFC Bank Swiggy Credit Card?

  • Ideal for regular Swiggy users, online shoppers, and those looking for a no-fee, cashback-oriented credit card with value-added perks like Swiggy One membership.

 

Frequently Asked Questions (FAQs)

1. What is the HDFC Bank Swiggy Credit Card?
The HDFC Bank Swiggy Credit Card is a credit card designed for frequent Swiggy users and online shoppers. It offers cashback on Swiggy services, online shopping platforms, and general purchases, along with benefits like Swiggy One membership and zero lost card liability.

2. How much cashback can I earn with this card?

  • Swiggy Transactions: 10% cashback, capped at Rs 1500 per month.
  • Online Shopping: 5% cashback on Amazon, Flipkart, Myntra, Nykaa, etc., capped at Rs 1500 per month.
  • Other Categories: 1% cashback, capped at Rs 500 per month.

3. Is there an annual or joining fee for this credit card?
No, the HDFC Bank Swiggy Credit Card is a lifetime free card with no joining or annual fees.

4. Do I need a high credit score to apply for this card?
A CIBIL score of 750 or higher is recommended for approval. However, new-to-credit individuals are also eligible, provided they meet the income requirements.

5. What documents do I need to apply?
You'll need:

  • ID Proof: PAN Card or Form 60
  • Address Proof: Aadhaar, Passport, or utility bills
  • Income Proof: Salary slips or bank statements
  • Photograph: Recent passport-sized photo

6. How can I apply for the HDFC Bank Swiggy Credit Card?
You can apply online by visiting the HDFC Bank Swiggy Credit Card page. After verifying your OTP, select the card, fill out your details, and complete the video KYC (VKYC) within 72 hours to finalize the application. Apply for HDFC Bank Swiggy Credit Card Here: https://bitli.in/Wyp7Yq6

7. Is the Swiggy One membership benefit available on renewal?
The free 3-month Swiggy One membership is provided as a welcome benefit upon card activation. It is a one-time benefit and is not renewed automatically.

8. Are there any charges for card loss or fraudulent transactions?
No, there are no charges for fraudulent transactions if the card loss is reported promptly. The card comes with zero lost card liability, meaning you're protected from unauthorized charges once you report the card loss.