If ordering food is a part of your regular routine, then HDFC Swiggy Credit Card has been designed specifically for you. This co-branded product from HDFC Bank and Swiggy is unique with an massive 10% cashback on every order made through Swiggy be it food delivery, Instamart groceries, or Genie services.
Supported by a straightforward cashback design and hassle-free digital application process, the card is an ideal combination of convenience and savings for everyone who prefers eating in rather than eating out. although this card is providing significant cashback, still some exclusions are there, you must check. in this article we will see card benefits, reward structure, fees, eligiblity, case study on savings, at the end peoples review along with my personnel review on this card.
HDFC Swiggy Credit Card Benefits
The HDFC Swiggy Credit Card is designed to upgrade your online lifestyle, especially for customers who use Swiggy’s vast array of services on a regular basis. From high cashback to lifestyle benefits, here’s a close-up look at its key benefits:
Welcome Benefits
Upon successful activation of the card, customers get a free 3-month membership in Swiggy One. Membership offers free delivery, priority customer care, and special discounts on food delivery, Instamart grocery shopping, and Genie services. The activation should be done via transaction or through turning on card capabilities like use over the internet and setting PIN. The benefit of Swiggy One may be availed through the Swiggy application within 2–3 days of activation.
Cashback Benefits
The cashback design of this card is designed for ease:
- 10% Cashback on Swiggy – Get rewarded on food ordering, Instamart, Dineout, and food services when ordered via the Swiggy app.
- 5% Cashback on Online Spends – Eligible on a broad list of online merchant categories (MCCs), ideal for digital-first users.
- 1% Cashback on Other Spends – Eligible on general spends, with some exclusions.
Please note that Cashback is posted as statement credit (effective from June 21, 2024). Transactions made through Swiggy Money, Swiggy Liquor, Minis, and other prohibited categories will not be eligible for cashback
Renewal Offer
Annual renewal fee can be waived if spends of ₹2,00,000 or more are made in the last year, excluding spends such as cash withdrawal, balance transfer, and cash-on-call transactions.
Extra Lifestyle Benefits
- Smart EMI Option – Pay Now, Pay Later option holders can convert big-ticket spends to EMIs directly through your card.
- Balance Transfer Facility – Transfer existing credit card dues to the Swiggy HDFC Card at convenient rates.
- Mastercard Golf Privileges – Get 12 free golf lessons annually, 4 complimentary green fee rounds per calendar year, and discounted access thereafter.
- Contactless Payments – Enabled for secure, tap-and-go transactions up to ₹5,000 without PIN entry.
Security & Support
- Zero Lost Card Liability – If the card is reported lost immediately, you’re protected against any misuse.
- Interest-Free Period – Interest-free credit up to 50 days, depending upon timely merchant submission.
- 24×7 Customer Support – Support accessible through toll-free number: 1800 102 6263
Reward Points Structure & Cashback Redemption
The Swiggy HDFC Credit Card features an attractive cashback-driven reward structure, created for technology-enabled customers who order regularly on the Swiggy app and other web applications. With greater cashback on certain categories and simple redemption as statement credit, the card offers maximum savings to your daily spends.
Cashback Rates and Monthly Limits
- 10% Cashback on Swiggy App: Get 10% cashback on food ordering, grocery through Instamart, restaurant table bookings via Dineout, and Swiggy Genie services. Max cashback per billing cycle ₹1,500.
- 5% Cashback on Online Spends: Get 5% cashback on select online categories like clothing, electronics, cab bookings, pharmacy spends, entertainment and more. Cashback capped to ₹1,500 per billing cycle.
- 1% Cashback on Other Spends: All other expenditures qualified under the card receive a 1% cashback and are capped monthly at ₹500.
Cashback Redemption
As of June 21, 2024, cashback received on all eligible transactions is posted as statement credit to your credit card account automatically. This is deducted from the amount due in the next billing cycle. If, for example, your statement is made on the 10th of each month, cashback received between April 11 and May 10 will be posted to your May 10 statement and deducted from the June amount due. This overrides the earlier practice of cashback getting credited as Swiggy Money in Swiggy app wallet.
Cashback Exclusions
| Category | Cashback Eligibility |
|---|---|
| Fuel Spends | Not eligible |
| Wallet Reloads (e.g., Paytm, etc.) | Not eligible |
| Jewellery Purchases | Not eligible |
| Government Services | Not eligible |
| EMI Transactions | Not eligible |
| Rent Payments (e.g., via Cred) | Not eligible |
| Swiggy Wallet, Liquor, and Minis | Not eligible |
Case Study : 200000 Annual Spends
example of how a user can gain from the Swiggy HDFC Bank Credit Card with a yearly spend of ₹2,00,000 across various categories. This is to visualize how cashback earnings are done in a year.
| Category | Annual Spend | Cashback Rate | Cashback Earned |
|---|---|---|---|
| Swiggy App (Food, Instamart, Dineout & Genie) | ₹60,000 | 10% | ₹6,000 |
| Online Spends (eligible MCCs) | ₹70,000 | 5% | ₹3,500 |
| Other Categories | ₹70,000 | 1% | ₹700 |
| Total | ₹2,00,000 | ₹10,200 |
Important Notes:
- Cashback on Swiggy is limited monthly to ₹1500 (that is ₹18,000/year). In our case, we were within limits.
- Cashback is now added as statement credit rather than Swiggy Money (from 21st June 2024).
- No cashback is accumulated on excluded categories such as wallet loads, Swiggy Minis, Swiggy Liquor, etc.
Fees and Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹500 + applicable taxes |
| Annual Renewal Fee | ₹500 + applicable taxes |
| Renewal Fee Waiver | Waived on annual spends of ₹2,00,000 or more (excluding Cash on Call, Balance Transfer, and Cash Withdrawal) |
| Interest-Free Period | Up to 50 days from the date of purchase (subject to merchant submission) |
| Finance Charges | 3.75% per month (45% per annum) |
| Late Payment Charges |
Varies based on the statement balance: – Up to ₹100: Nil – ₹101 to ₹500: ₹100 – ₹501 to ₹1,000: ₹500 – ₹1,001 to ₹5,000: ₹600 – ₹5,001 to ₹10,000: ₹750 – ₹10,001 to ₹25,000: ₹900 – ₹25,001 to ₹50,000: ₹1,100 – Above ₹50,000: ₹1,300 |
| Foreign Currency Markup | 3.5% of the transaction amount |
| Cash Advance Fee | 2.5% of the withdrawn amount or ₹500, whichever is higher |
| Smart EMI Processing Fee | ₹499 + GST for eligible purchases |
| Contactless Payment Limit | Up to ₹5,000 per transaction without PIN entry |
Eligiblity And Documents Required
| Category | Details |
|---|---|
| Age | Salaried: 21 to 60 years Self-employed: 21 to 65 years |
| Minimum Income | Salaried: ₹25,000 per month |
| Nationality | Indian Resident |
| Credit Score | Preferred 700+ |
| Identity Proof (any) | Aadhaar Card, Passport, PAN Card, Voter ID |
| Address Proof (any) | Utility Bill, Aadhaar, Passport, Rent Agreement |
| Income Proof | Salaried: Salary slips or bank statement (last 3 months) Self-employed: Latest ITR with audited financials |
| PAN Card | Mandatory |
Swiggy HDFC Bank Credit Card Review
The Swiggy HDFC Bank Credit Card is differentiated by its high cashback-focused design, particularly for frequent users of Swiggy services. The 10% cashback on all spends across Swiggy’s ecosystem food delivery, Instamart, Dineout, and Genie is one of the most powerful features in this category. It rewards users for their daily lifestyle spends in a highly relevant manner.
One of the significant enhancements is the cashback redemption mechanism, which has been moved now to statement credit. This is a far more convenient mechanism than the previous Swiggy Money pathway. It provides customers with direct value into their credit card bill, making it easier to use rewards.
While the ₹500 joining fee is quite low, waiving both the joining and annual fee would surely make this card much more attractive in the highly competitive ₹500 segment. The card does have an annual fee waiver on spends of ₹2 lakh per annum, which is quite fair for regular users.
In short, for frequent online orderers of food or groceries, or Swiggy Genie users, this card offers genuine value with its higher cashback and hassle-free reward redemption.
Peoples Review – Reddit Community
The Reddit thread highlights that the Swiggy HDFC Credit Card is great for those who regularly order from Swiggy or use Swiggy Instamart, offering 10% cashback (up to ₹1500/month) and added benefits if offered Lifetime Free (LTF). However, menu price inflation and platform fees may reduce real savings.
In contrast, the EazyDiner IndusInd Card is ideal for frequent dine-out users, offering up to 25–50% discounts on restaurants, lounge access, and lifestyle perks, making it more versatile. Swiggy HDFC suits online food lovers, while EazyDiner IndusInd suits outdoor diners and lifestyle benefit seekers.
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