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HDFC Bank is the top card issuer in India with a diverse portfolio of credit cards ranging from super-premium, travel, fuel, shopping, and more. To offer the best benefits and privileges to customers, HDFC also has a great range of co-branded credit cards and has recently come out with the Swiggy HDFC Bank credit card.

This is the first time Swiggy has partnered with a bank on a credit card, and you can get the card for a joining fee of Rs. 500 plus taxes. If you are a loyal Swiggy customer and regularly order food online, then this is a great card for you through which you can save up to 6.8% on your annual spends of over Rs. 2 Lakhs. As a welcome benefit, you get a complimentary 3-month Swiggy One membership and can get up to 10% cashback on your spends across Swiggy.

Read further to know more about the new co-branded Swiggy HDFC Bank credit card, what it offers, its fees and charges, and other information.

Swiggy HDFC Bank Credit Card
(4.6/5)

Fees

Joining Fee

Rs. 500 + GST

Renewal Fee

Rs. 500 + GST

Best Suited For

Dining | Food |

Reward Type

Cashback |

Welcome Benefits

Complimentary 3-Month Swiggy One Membership

Movie & Dining

10% Cashback on Swiggy app including food orders, Instamart, Dineout, and more

Rewards Rate

10% Cashback across Swiggy app, 5% Cashback on online spends, 1% Cashback on other categories

Reward Redemption

Cashback will be automatically redeemed in the form of Swiggy Money

Travel

Upto 5% cashback on merchants like Uber and Ola

Golf

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Insurance Benefits

NA

Zero Liability Protection

Cardholder will not be liable for any fraudulent transaction made with the card in case of timely reporting to the bank about loss or theft of card

Spend Based Waiver

Renewal fee waiver on spending Rs. 2 Lakhs in the year

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% of the total amount

Interest Rates

3.6% per month or 43.2% per annum

Fuel Surcharge

NA

Cash Advance Charges

2.5% of the amount or Rs. 500, whichever is higher

Add-on Card Fee

Nil

  • Complimentary 3-Month Swiggy One Membership as a welcome benefit.
  • 10% Cashback across the Swiggy app.
  • 5% Cashback on online spends across top brands.
  • 1% Cashback on other spends.

Pros

  • Get 10% cashback on all your Swiggy food delivery orders, including Genie and Instamart.
  • Up to ₹1,500 cashback per month across major online shopping platforms.
  • For food enthusiasts, a complimentary Swiggy One membership for three months is extremely beneficial.

Cons

  • You can only redeem your cashback on the Swiggy app.
  • No domestic or international lounge access with the Swiggy HDFC Credit Card.
  • The foreign currency markup is extremely high at 3.5%.

Swiggy HDFC Bank Credit Card – Features & Benefits

The following are the features and benefits associated with the Swiggy HDFC Bank credit card-

Welcome Benefit

Get a complimentary 3-month Swiggy One membership as a welcome benefit on card activation. If you already have the membership, then you can get it extended for 3 months.

You must activate your card as per the latest RBI regulation in one of the following ways –

  • Make a successful transaction with the credit card
  • Use the card via OTP or IVR, set up the card PIN, and enable controls like online transactions, international transactions, etc.

Renewal Fee Waiver

You can get the Rs. 500 renewal fees of the credit card waived off on annual spending of Rs. 2 Lakhs in the anniversary year. The following spends are excluded from being considered towards the calculation of the waiver – Cash on Call, Cash Withdrawal, and Balance Transfer.

Swiggy HDFC Bank Credit Card Rewards & Cashback

10% Cashback on Swiggy

Get 10% cashback across the Swiggy application, including food orders, Instamart, Dineout, and Genie. You can earn a maximum of Rs. 1500 per billing cycle, and the cashback is not applicable to spends made on Swiggy Money Wallet, Swiggy Minis, and Swiggy Liquor. Also, you do not earn cashback on transactions of less than Rs. 100.

5% Cashback on Online Spends

Get 5% cashback on online spends made with the card across top brands like Nykaa, BookMyShow, Ola, Myntra, Amazon, Uber, Adidas, H&M, and more. The cashback is applicable on Apparel, Electronics, Entertainment, Home Décor, Department Store, Personal Care, Medical Store, Local Cabs, Pet Stores, and Discount Stores. The maximum cashback you earn per billing cycle is Rs. 1500

1% Cashback on Other Spends

Get 1% cashback on your spends on other categories with the credit card, with the maximum benefit capped at Rs. 500 per billing cycle. The following categories are excluded from the 1% cashback category – Fuel, Rent, Wallet, EMI, Jewellery, and Government transactions.

Reward Redemption

The cashback earned through your spends with the card is in the form of Swiggy Money, and you can use it only on the Swiggy app. Use the Swiggy Money for food ordering, Instamart, Genie, and Dineout. Also, you can redeem the cashback only after downloading the Swiggy app and linking your credit card to it.

In the Swiggy application, choose Swiggy Money as the payment method to utilize the cashback you earned. Swiggy Money is valid for 1 year from the date of earning, and money with the closest expiration date will be used first automatically.

Swiggy HDFC Bank Credit Card Rewards & Cashback

Mastercard World Tier Benefits

As the Swiggy HDFC Bank card is a Mastercard Word Tier card, you get access to many benefits, including complimentary loyalty memberships, dine and stay, and more from top brands. You get various privileges across sports, shopping, travel, arts and culture, and more in many countries across the world.

Additional Features

  • Interest-free Credit Period – You can get an interest-free period of up to 50 days from the date of purchase on spends made with the Swiggy HDFC Bank credit card.
  • Zero lost card liability – The cardholder is not liable for any fraudulent transactions on reporting immediately about card loss or theft to the bank’s 24-hour call center.
  • Revolving Credit – The credit card has a nominal interest rate.
  • Add-on Cards – Get up to 3 complimentary add-on credit cards for your family members

How to Link the Credit Card to the Swiggy App?

Follow these steps to link your credit card to the Swiggy app –

  • Open the Swiggy application and click the “Accounts” section at the top right. Then, apply for a lifetime free credit card. Afterwards, open the Credit Card page.
  • Select the Swiggy HDFC Bank Credit Card.
  • Scroll down to the bottom of the page. You will see ‘Already Got the Card?’ Next, click on “Link your Card to Swiggy.”
  • Enter the mobile number registered with your credit card.
  • Enter the OTP sent to you for authentication, and the credit card will be successfully linked.

Swiggy HDFC Bank Credit Card – Fees and Charges

The following are the fees and charges associated with the credit card –

  • The joining and renewal fees of the card are Rs. 500 plus taxes. You can get the renewal fee waived on spending Rs. 2 Lakhs in the previous year.
  • The interest rate on the card is 3.6% per month or 43.2% per annum
  • The cash advance fee on the card is 2.5% of the amount or Rs. 500, whichever is higher
  • The forex markup fee on the card is 3.5% of the transaction amount

Eligibility Criteria

You must meet certain eligibility requirements to apply for the Swiggy HDFC Bank credit card.

  • The applicant must be 21 to 60 years of age in the case of salaried and 21 to 65 years of age in the case of self-employed people.
  • The applicant must be an Indian citizen.
  • The applicant must have a minimum monthly salary of Rs. 25,000, or in the case of self-employed people, an ITR return of Rs. 6 Lakhs or more per annum.

Swiggy HDFC Bank Credit Card – Fees and Charges

Swiggy HDFC Bank Credit Card Review

For the first time, Swiggy has launched a co-branded card, and you can get the Swiggy HDFC Bank credit card for a joining fee of ₹500. It is perfect for loyal Swiggy users as you can get 10% cashback on spends across the Swiggy platform, along with 5% cashback on other popular brands. Also, you get a complimentary 3-month Swiggy One membership worth ₹1199 as a welcome benefit.

The cashback is earned in the form of Swiggy Money, and you must link the card with the Swiggy app in order to redeem the cashback earned. You can apply for the card either through the Swiggy app or via HDFC Bank. Moreover, the card is on the Mastercard network, and you even get World Tier Mastercard benefits with the card on top brands and multiple locations.

If you frequently order food from Swiggy and want to enjoy some additional savings on your dining expenses, consider getting the Swiggy HDFC Bank credit card. This card also offers savings on other well-known brands. Feel free to share your thoughts on this newly released credit card in the comments section.

FAQs:

The joining and renewal fee on the Swiggy HDFC Bank credit card is Rs. 500 plus taxes. You can apply for the card either through the Swiggy app or through the HDFC Bank website.
Yes, you can get a complimentary Swiggy One membership as a welcome benefit with the card upon activation. Make sure to activate your card according to the latest RBI guidelines to receive the welcome benefit. If you are already a Swiggy One member then your membership will be extended by 3 months.
With the Swiggy HDFC Bank credit card, you can earn 10% cashback on your spends across Swiggy including food orders, Dineout, Genie, and Instamart. Also, you can earn 5% cashback on online spends at many top brands, and 1% cashback on spends elsewhere. There is a Rs. 1500 capping per cycle on the 10% and 5% cashback category, and Rs. 500 capping on the 1% category per billing cycle.
Cashback earned through this card is in the form of Swiggy Money, and you can use it for all payments on the Swiggy app. You must select the payment method as Swiggy Money on the app in order to redeem the cashback. Your credit card must be linked with the Swiggy app if you want to use the Swiggy Money. Also, Swiggy Money is valid for 1 year from the date of earning so use it before expiry.
Follow these steps to link your credit card to the Swiggy app –
  • Open the Swiggy application, click on the Accounts section on top right, and then open the Credit Card page
  • Select the Swiggy HDFC Bank Credit Card
  • Scroll down to the bottom of the page, you will see ‘Already Got the Card?’. Next, click on Link your Card to Swiggy
  • Enter your mobile number that is registered with the credit card.
Enter the OTP sent to you for authentication and the credit card will be successfully linked
Swiggy HDFC Bank Credit Card

Swiggy HDFC Bank Credit Card

(4.6/5)

4 Comments

  1. bhaskar Reply

    my application was rejected because I already have an HDFC credit card. What a weird reason.

    • Abhishek Reply

      Hi Bhaskar, same happened to me as well. But after some 1.5 months they changed the rejected status to approved and dispatched my new card. Initially they gave me ₹5000 card limit only, but then I received an email after two days of receiving the physical card that they have adjusted my credit limit to share it with my existing HDFC credit card, which is much more higher.

  2. Sravan Reply

    Where can I find the entire list of websites where I get 5% cashback?

    • Kartik Kanwar Reply

      With the following MCCs you shall get a 5% cashback – Apparels, Pharmacies, Personal Care, Electronics, Home Decor, Local Cabs, Pet Stores, Entertainment and Discount Stores.

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