Snapdeal HDFC Bank Credit Card Crosses 1.5 Lakh Users
| |
 |
|
|
|
|
|
|
|
| 
|
Date: 16-01-2018 3:35PM
Source: Snapdeal.com
Category: Business/ Finance, Banking & Financial Services, General, Consumer Interest, Internet, Lifestyle, Start Up, Banking & Financial Services, Ecommerce, Telecom, Advertising, Pr And Marketing, Clothing And Accessories, Sme, Technology
Location: New Delhi, Delhi, India
Business Wire India
 | | Snapdeal HDFC Bank credit card crosses 1.5 Lakh users |
- December spends on card exceed INR 100 Crores
- Over One Lakh cards issued in 2017
Snapdeal, India’s leading online marketplace, announced that its co-branded credit card with HDFC Bank now has more than 1.5 lakh users. The Snapdeal HDFC Bank credit card was launched in August 2016. In 2017, more than 1 Lakh cards were issued to online shoppers. This is the only credit card by any ecommerce player in India.
Throughout the year, users of the credit card get an additional 5% discount and 10X Reward Points for purchases made on Snapdeal and select merchant partners. In addition to this, the card users also enjoy additional benefits like one-time cash back. On an average, the cardholders spent 2.8X more than an average buyer on Snapdeal. Further, post acquiring the card, the frequency of purchase on Snapdeal for the cardholders increased by 1.5X, with the buyers moving away from cash-on-delivery for all their orders. The Snapdeal HDFC credit card has contributed significantly in giving the company many loyal customers.
Last month, total spends on the credit card exceeded 100 crores, the monthly highest ever for this card.
“The aim of Snapdeal HDFC credit card is make the buying process more rewarding. Through this credit card, we have been providing offers and discounts that have never been a norm in the ecommerce sector. We are thrilled to have helped 1.5 lakh consumers save significantly on their shopping bills,” said Vishal Chadha, Chief Business Officer, Snapdeal.
The card has a gamut of offers which promise huge savings on the purchase of a wide variety of products. In January 2018, each day the highest spender on the Snapdeal credit card wins a 2N/3D holiday package from Club Mahindra.
Snapdeal HDFC Bank credit card also has several innovations to its credit. In an industry first, pre-qualified Snapdeal users can apply on Snapdeal.com and receive the card within 30 minutes.
More details here: https://www.snapdeal.com/offers/sd-hdfc-card
|
More Press Releases C3.ai Digital Transformation Institute Announces AI for Energy and Climate Security Grantees Moody’s Launches Moody’s Moments Video Series Providing Insight into Corporate Strategy IDEMIA Signs With Storstockholms Lokaltrafik “SL” to Launch the World’s First Ever Public Transport EMV White Label Cards Celebrity Face: India's No.1 Platform for Aspiring Content Creators and Fans to Photoshoot with Top Celebrities Tally Solutions Announces the First Edition of MSME Honours Sourced from the Himalayan Regions, Moving to the Wonders of Australia - BOHECO Joins Hands with Spring Sciences Australia Moneycontrol App's Monthly Active Users Six Times Larger Than Its Closest Competitor for May 2021 - Similarweb Healthcare Cloud Unicorn, Innovaccer, Certified as a Great Place to Work® Company The Nation Gears up for the First-ever Edition of National Poker Series, India DXC Technology Welcomes Brenda Tsai as Chief Marketing and Communications Officer Schlumberger New Energy and Panasonic Energy of North America Announce Strategic Collaboration on New Battery-Grade Lithium Production Process Fashion Designer Sanjukta Dutta Contributes Towards the Vaccination Drive Held in Assam Under the Guidance of Honorable Chief Minister Dr. Hemanta Biswa Sarma Western Union Accelerates Digital Money Movement for Postal Networks Worldwide NMIMS School of Branding and Advertising Partners with 120 Media Collective and Advertising Standards Council of India High-Touch Spectacles Now Made Virus Free by ZEISS DuraVision AntiVirus Platinum UV IRM India Affiliate Announces Results for May 2021 Level-1 Examination Wipro Annual Report 2021 on Form 20-F Available Online for ADS Holders RSA Introduces Outseer, a Spinout of its Fraud & Risk Intelligence Unit, to Transform Customer Authentication and Accelerate Revenue for the Digital Economy Abu Dhabi Based Tablez to Expand Upon Investment in India’s Toys Sector With Its Proprietary Brand
|
