HDFC Swiggy Credit Card Review

- Advertisement -
Editor’s note: This is a recurring post, regularly updated with new information and offers. Last Updated 27th July 2023.

The recently launched HDFC Swiggy Credit card makes it the first cobrand card for the food cum instant grocery delivery giant. This card is surely going to delight a lot of foodies.

Here’s a short review of its benefits!

Charges and Welcome Benefits

Joining Fees₹500 + GST
Welcome Benefits3 Months Swiggy One Membership
Annual Fees₹500 + GST
Annual Fee WaiverSpend ₹2L on your card in a year for an annual fee waiver.
Add-on FeesNIL
Card CategoryCashback

As you can see the joining fee is being compensated with a 3 months Swiggy One Membership which I would say is not clever on their part. The card could have been priced a bit higher and provided with a Swiggy One membership as long as the card is active.

Reward Rate

Spends AreaCashback Rate Capping
Food ordering, Instamart, Dineout & Genie on Swiggy*10%Maximum discount of ₹1,500 per statement cycle.
Online Spends
(Apparel, Department Store, Electronics, Entertainment, Home Decor
Medical Stores & Pharmacies, Personal Care, Local Cabs, Pet Stores & Supplies & Discount Stores)
5%Maximum discount of ₹1,500 per statement cycle.
Others1%Maximum discount of ₹500 per statement cycle.
  • *Cashback cannot be earned on transactions made using Swiggy Money Wallet, Swiggy Minis & Swiggy Liquor, and any other categories decided later (if any).
  • Only Selected merchants are valid for 5% cashback.
  • No cash back for transactions less than ₹100.
  • No cash back will be given for Fuel, Rent, EMI, Wallet Loads, Jewellery and Government transactions.
  • The cashback will always be rounded down to the nearest integer on every transaction.
  • Card Cashback will be auto-credited to the Swiggy Money account within 10 days of statement generation.

HDFC strangely haven’t clearly stated the name of the merchants eligible for the 5% cashback and will not give the customers confidence in doing any spending on that category.

TechnoFino Maximum

Spending ₹15,000 on the Swiggy portal will maximize your savings of ₹1,500 per month. The online spending cashback capping gets breached at ₹30,000 per statement cycle.

TechnoFino Recommends

I have never written such a short review on TechnoFino for any other card. Surprised to see a card with no milestone benefits, lounge access and even a fuel surcharge waiver. Also, The joining fee is also not well compensated here. I would say, that the Swiggy HDFC card is really made for Swiggy-holics, since with no other visible benefits grab it only if you spend a lot on Swiggy.

The good thing about this card is that it will come on the MasterCard World platform and will provide the associated perks and even current HDFC card holders can apply for this card. Also, a 10% discount on Swiggy Instamart with no exclusions items is also a worthy thing to note. Still, the product looks sustainable in the long run, unlike the RBL-Zomato debacle.

A much more versatile card which gives direct cashback and competition to this card is the Axis Airtel. The Card will be available for application in Swiggy App in the next 10 days.

Are you also planning to grab this card? Share your thoughts below!

Related Articles


  1. Considering that cashback will be given in form of Swiggy Money which can be used only on Swiggy, it is really not a very tantalizing offering

    Unless one orders from Swiggy very frequently (like I used to back in 2018 in Gurgaon) it may not offer much value.

  2. I applied and got card but swiggy one was not activated. The credit card tab in swiggy keeps showing application under review.
    Anyone faced the issue.?


Please enter your comment!
Please enter your name here

Stay Connected

- Advertisement -

Latest Articles