How To Transfer Swiggy Money To Bank Account

With more than 10 million monthly active users, Swiggy remains one of the top food delivery apps in India. But that doesn’t mean you can only use it to order food. You can also use Swiggy to pay your restaurant bill or request for cash from a delivery agent.

If you’re using Swiggy for the first time, you might get confused about how to transfer Swiggy money to your bank account. In this article, we will cover all the details regarding how to transfer Swiggy money to your bank account and other related information.

What Is Swiggy Money?

Swiggy money is the cashback option on the app which you can use to pay for the orders placed on the app. Using Swiggy money is a very simple process. You simply need to link your bank account or debit card to your Swiggy account. Then, once a transaction is successful, you can transfer the money back to your bank account via internet banking or mobile banking.

You can also transfer the money to your friend’s account if he/she is a Swiggy user. This is the best part of this cashback feature because you don’t have to wait for the money to be credited to your account. You can simply transfer the money back to your bank account or to your friends’ accounts as soon as the transaction is successful.

Swiggy money is a great option to earn some cash back for all your food orders. But you should also be careful about some possible risks involved in the process of transferring Swiggy money to your bank account.

How To Transfer Swiggy Money To Bank Account?

This is a very simple process, and you don’t need to go through a complicated procedure to transfer Swiggy money to your bank account. All you need to do is to follow the steps mentioned below. Make sure you’re logged in to your Swiggy account while following the below steps so that the amount gets transferred to your bank account.

So here are the steps that you need to follow in order to transfer Swiggy money to your bank account.

  • First, go to the “Menu” option on your Swiggy app and select “Payments”.
  • Then, select “Transfer to Bank” option. Select the bank account from which you want to transfer the money.
  • Enter the amount that you want to transfer.
  • And finally, click on “Submit” to complete the process.

This is very quick and easy process. You can perform this task whenever you want to transfer the money back to your bank account.

Why you should not use Swiggy money to pay for your orders?

There are a few risks involved in the process of transferring Swiggy money to your bank account. First, if you transfer too much money from your account, there is a chance that your account might get blocked. And you need to visit the nearest branch of your bank to unblock it.

If you have a debit card linked to your account, there is a chance that your transaction might get declined. This is because when the amount is transferred from your Swiggy app to your bank account, your bank account is overdrawn temporarily.

And if you have a debit card linked to your bank account, it is possible that your transaction will get declined due to this overdraft. You might also receive SMS alerts regarding the overdraft. So we recommend you to be careful while transferring Swiggy money to your bank account.

Final words

We’ve discussed the advantages and disadvantages of using Swiggy money to pay for your food orders. So now the question remains, should you use Swiggy money or transfer it to your bank account?

If you’re only ordering food from the Swiggy app once in a while, then it is better to transfer the amount to your bank account. This way, you don’t have to wait for the money to be credited to your account.

But if you’re ordering food from the Swiggy app regularly, then it is better to use Swiggy money. This way, you can earn some cash back on your purchases. We hope this article helped you understand how to transfer Swiggy money to your bank account.

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