HDFC Swiggy Card 1% cashback much less than expected.

[ZoomZumba420]

So, today I received the 1% cashback for my HDFC Swiggy card transactions. And it is only ₹5.08 where my credit card bill is ₹4677 for this statement!

The only transaction probably ineligible is municipality tax for ₹989 paid online. Rest of all are offline transactions and mostly in restaurants. So, all of them should be eligible for 1% cashback. So, I should get at least ₹35 as cashback. Instead I got only ₹5. It's just outrageous!

I am attaching the cashback and statement screenshot. City names are hidden for privacy purpose.

 

[BeingIncogBeingIncog is verified member.]

So, today I received the 1% cashback for my HDFC Swiggy card transactions. And it is only ₹5.08 where my credit card bill is ₹4677 for this statement!

The only transaction probably ineligible is municipality tax for ₹989 paid online. Rest of all are offline transactions and mostly in restaurants. So, all of them should be eligible for 1% cashback. So, I should get at least ₹35 as cashback. Instead I got only ₹5. It's just outrageous!

I am attaching the cashback and statement screenshot. City names are hidden for privacy purpose. View attachment 97959View attachment 97960

any transaction dated 29-30/31st?

 

[ZoomZumba420]

any transaction dated 29-30/31st?

Only first two are on 29th April. Rest are from 3rd May onwards.

But why?

 

[BeingIncogBeingIncog is verified member.]

Only first two are on 29th April. Rest are from 3rd May onwards.

But why?

hdfc mostly doesn't consider 29-30/31st of the month as same month

also try to cross check MCC of the transactions

 

[RajeshV]

You'll likely get it in your next bill.

 

[ZoomZumba420]

You'll likely get it in your next bill.

Why? Isn't cashback calculated statement to statement?

 

[cardio_guycardio_guy is verified member.]

Yes I too noticed the same. I had infact maxed out 1% cashback quota (spent around 70k) and was expecting Rs 500 cashback, but I got only very very less. (something like Rs 23). I think Swiggy has either excluded all MCCs from its 1% bucket or it is a mass bug.

 

[RajeshV]

Why? Isn't cashback calculated statement to statement?

No, HDFC uses calendar months for CB calculation. The CB you're seeing is likely for the month before, check the previous statement.

 

[ZoomZumba420]

No, HDFC uses calendar months for CB calculation. The CB you're seeing is likely for the month before, check the previous statement.

Nah! Still doesn't make any sense. I have zero spends in March and so no statement was generated for April. And the cashback for February statement spends (spent on 31st January) was showing properly in March statement (on 19th Feb).

Then the cashback of ₹5.08 in this statement just does not add up.

I have already mailed to HDFC. Let's see!