RewardMatrix

The Swiggy HDFC Bank Credit Card is designed for frequent Swiggy users, offering a compelling 10% cashback on all Swiggy platform spends, including food delivery, Instamart, Dineout, and Genie. This makes it easy to recoup the Rs. 500 annual fee and earn substantial savings for loyal Swiggy customers. Beyond Swiggy, the card provides a competitive 5% cashback on online purchases across various popular brands and a 1% cashback on all other retail spends, including offline transactions. This broad cashback structure makes it a viable option even for those who don't exclusively use Swiggy. While the card lacks premium travel perks like lounge access, its straightforward cashback program and relatively low annual fee make it a strong contender for anyone looking to maximize their everyday spending.

Intro Offers

3 months of complimentary Swiggy One membership.

Condition: Activate the card within 37 days of issuance and claim the benefit via the Swiggy app.

Fees

Annual Fee

₹500

Waived off after spending ₹2L

Joining Fee

₹500

Forex Fee

3.5%

Eligibility

#1
Age
21 to 60 years for salaried individuals, 21 to 65 years for self-employed individuals.
#2
Citizenship
Indian citizen.
#3
Income (Salaried)
Minimum monthly salary of Rs. 15,000.
#4
Income (Self-Employed)
ITR filing showing annual income greater than Rs. 6 Lakhs.
#5
Location
Must reside in serviceable locations as per HDFC Bank's list.

Reward Points

10%

Total spend on Swiggy in a month

0.30 Cashback for every ₹3 spent

Total online spend in a month

0.15 Cashback for every ₹3 spent

Total other spend in a month

0.57 Cashback for every ₹57 spent

Examples:

Spend Rs. 5000 on Swiggy, Rs. 10000 on online shopping, and Rs. 20000 on other spends to earn Rs. 500 + Rs. 500 + Rs. 200 = Rs. 1200 cashback.
Spend Rs. 20000 on Swiggy to earn Rs. 1500 cashback (capped).
Spend Rs. 40000 on online shopping to earn Rs. 1500 cashback (capped).
Spend Rs. 70000 on other spends to earn Rs. 500 cashback (capped).

Exclusions:

Fuel

Rent

EMI

Wallet

Jewellery

Government related transactions

Swiggy Money Wallet

Swiggy Liquor

Swiggy Minis

Milestones

No milestones available for this card.

Redemptions

No redemption options available for this card.

Rewards Calculator

ON MONTHLY SPEND

Reset

35KYour monthly expenditure

Total spend on Swiggy in a month (₹)

10.00% rewards

Total online spend in a month (₹)

5.00% rewards

Total other spend in a month (₹)

1.00% rewards

CASHBACK EARNED

0 Cashback earned per year

Lounge Access

No lounge access available for this card.

Discounts

Dining

10% cashback on Swiggy Dineout.

Conditions:

Minimum transaction value of Rs. 100.
Maximum cashback of Rs. 1500 per billing cycle.

Fuel

No Fuel discounts on this card

Movie

No Movie discounts on this card

Insurance Coverage

No insurance coverage available on this card.

Other Features

EMI Conversion

Available with processing fee; No Cost EMI options may have hidden charges.

Fraud Protection

Zero lost card liability.

Pros & Cons

PROS

High Cashback on Swiggy
Earn 10% cashback on all Swiggy platform spends.
Decent Online Cashback
5% cashback on online spends across various popular brands.
Cashback on Other Spends
1% cashback on all other retail spends, including offline transactions.
Low Annual Fee
Rs. 500 annual fee.
Welcome Benefit
3 months of complimentary Swiggy One membership.

CONS

No Lounge Access
The card does not offer any complimentary airport lounge access.
No Fuel Surcharge Waiver
Does not offer fuel surcharge waivers.
Cashback Caps
Cashback is capped at Rs. 1500 per month for Swiggy and online spends, and Rs. 500 per month for other spends.

Who should get this card

This card is ideal for individuals who frequently use Swiggy's services, including food delivery, Instamart, Dineout, and Genie. It's also a good option for those who want a simple cashback card with decent returns on online and offline spending.