Foodtech giant Swiggy has partnered with India's largest private sector bank HDFC Bank and has launched Swiggy HDFC Bank's co-branded credit card.
According to Swiggy, The co-branded credit card, which will be hosted on Mastercard’s payment network, will provide cardholders rewards and benefits across various online platforms, including its online food ordering platform.
Additionally, The cardholders will receive a rewarding 5% cashback on shopping across a multitude of platforms, including leading e-commerce platforms such as Amazon, Flipkart, Myntra, Nykaa, Ola, Uber, PharmEasy, NetMeds, and BookMyShow, among others.
Notably, The card would also provide 5% cashback on branded websites like Nike, H&M, Adidas, and Zara, to name a few. Furthermore, customers will also get 1% back on other spending. The cardholders will get cashback in the form of Swiggy Money, which can be used across Swiggy for various transactions, the company said.
Furthermore, Swiggy HDFC cardholders will also enjoy World Tier Mastercard benefits such as free stay and dine, complimentary loyalty memberships, and more, enhancing the overall experience.
Rahul Bothra, Chief Financial Officer, Swiggy, said, “Enabling unparalleled convenience to consumers is at the heart of what we do at Swiggy. We recognize that modern-day consumers actively seek rewards, offers, and cashback programs that add value to their spending. Keeping this in mind, we have launched this all-encompassing card in partnership with HDFC Bank and Mastercard that makes everyday shopping moments across a range of categories more rewarding and convenient.”
“As the leading card issuer in the country, we continuously strive to offer innovative and tailored solutions to meet the evolving needs of our customers. Dining and Grocery are at the core of customer’s daily needs, and with this strategic collaboration we are offering convenience of both categories bundled with great value. The cardholders will be able to enjoy exclusive deals and unparalleled convenience on an array of products and services. We look forward to welcoming our customers to enjoy the unique privileges of the card and continue to lead the way in providing best-in-class financial solutions,” said Parag Rao, Country Head – Payment Business, Consumer Finance, Technology and Digital Banking, HDFC Bank.
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