Swiggy HDFC Bank Credit Card
HDFC Bank VisaWelcome Bonus: 3 Months Swiggy One Membership
Lounge Access: No
Fuel Surcharge: No
| Minimum Income | 15000 Monthly |
|---|---|
| Credit Score | NA |
| Employment Type | Salaried Self-employed Business Student |
5% cashback on other online purchases and 1% on all other spends.
Complimentary 3-month Swiggy One membership on card activation.
Annual fee applies (₹500, waived only on ₹2 L spent).
No premium perks like airport lounge access or fuel surcharge waiver.
1. Cashback-Focused Rewards for Swiggy Users
The Swiggy HDFC Bank Credit Card is primarily designed for people who frequently use the Swiggy ecosystem. If you order food, use Instamart groceries, book dining experiences via the app, or send items with Genie, you’ll earn 10% cashback on those spends (up to a monthly cap). This accelerated cashback on Swiggy categories makes it a highly valuable card for regular users of the platform, and it can significantly reduce your monthly food and grocery bills when used wisely.
2. Good Rewards on Other Online and Offline Spends
Beyond Swiggy, this card offers 5% cashback on a wide range of online purchases and 1% on general or offline spends. These additional reward tiers mean that even if your Swiggy spending isn’t huge every month, you still earn rewards on e-commerce and everyday transactions. However, these cashback rates are subject to monthly maximum limits — typically ₹1,500 for the higher percentages and ₹500 for the base rate — so you need consistent spending to unlock full value.
3. Welcome Benefits and Fee Structure
A nice initial perk is the free 3-month Swiggy One membership when you activate the card, giving extra savings on delivery charges and exclusive discounts on Swiggy services. It’s a useful bonus that can help you recover some early costs. The card does charge a ₹500 annual fee, but this fee can be waived if you spend ₹2 lakhs or more annually, which encourages active use of the card to justify its cost.
4. Limitations and Comparisons with Other Cards
Despite strong cashback rates, there are some practical limitations. The cashback is capped each month, which means you won’t earn seamlessly unlimited rewards. Additionally, certain spends like fuel, rent, wallet loads, and government services do not earn cashback at all. Premium perks that come with some other credit cards — like airport lounge access or fuel surcharge waivers — are also absent here, so this card is best suited for cashback seekers rather than lifestyle benefits.
5. Who It’s Best For
In summary, this card makes a lot of sense if you are a frequent Swiggy user and an online shopper who wants straightforward cashback that’s easy to redeem — especially as a statement credit. The tiered reward structure lets you maximize benefits across different categories, and the Swiggy One membership adds extra utility early on. But if you prefer premium travel benefits or seek unlimited rewards without caps, other credit cards might suit you better.