With the growth of quick-commerce in India, one name that has become well-known in households across cities is that of Zepto. Millions of homes now rely on Zepto for their last-minute grocery and other needs.
Hence, the SHMCC team wanted to check what cashback benefits could users derive from their purchases on Zepto using their Swiggy HDFC credit card. According to the latest analysis of spending data of Swiggy HDFC card holders, the SHMCC team discovered that the purchases made on the quick-commerce app Zepto received cashback at the rate of 1%. Hence, Zepto is not among the 1,000+ brands in select Merchant Category Codes (MCCs) that qualify for 5% cashback.
With Swiggy running its own quick-commerce brand Instamart, we suspect that the Swiggy HDFC credit card has kept Zepto’s Merchant Category Code (MCC) out of the list of MCCs that qualify for 5% cashback. The Swiggy HDFC credit card offers 10% cashback on Instamart purchases. This makes purchasing from Instamart a great bargain compared to Zepto as long as the price of Instamart products and other charges are not more than 10% compared to Zepto.
As you are aware, here at SHMCC we are on a mission to discover all brands that qualify for 5% cashback on the Swiggy HDFC card. With our mission we hope that we can create greater transparency and savings for Swiggy HDFC Credit Cardholders. The latest list of MCCs and mapped brands qualifying for 5% cashback on the Swiggy HDFC Credit Card can be accessed through this link.
About Zepto
Zepto is an innovative delivery service that specializes in ultra-fast grocery delivery. By leveraging a network of strategically located micro-warehouses and advanced logistics technology, Zepto promises to deliver a wide range of groceries and household essentials to customers’ doorsteps in a matter of minutes. The company focuses on providing a seamless and convenient shopping experience, ensuring that quality products are available whenever needed. Zepto’s commitment to efficiency, speed, and customer satisfaction sets it apart in the competitive landscape of online grocery delivery services.
