The HDFC Swiggy Credit Card is offering 10% cashback on Swiggy orders, capped at ₹1,500 per month, alongside 5% cashback on dining out and 1% on all other spends. New cardholders also receive a 3-month Swiggy One membership worth ₹599 as a welcome benefit. The annual fee is ₹500, and it is waived on ₹2 lakh annual spend, making this one of the more accessible cashback cards in HDFC Bank’s portfolio.
The structure is straightforward and highly specific to food delivery and dining users. The 10% cashback on Swiggy orders is the standout feature, but the monthly cap of ₹1,500 means cardholders need to plan usage around the ceiling. The 5% dining-out cashback gives the card additional utility beyond delivery, while the 1% base cashback on all other spends keeps it usable for everyday transactions. The welcome benefit is also concrete: 3 months of Swiggy One, valued at ₹599, which can offset part of the first-year cost for active users.
This card is best suited to users who regularly order food on Swiggy and also spend meaningfully on dining. Compared with general cashback cards such as Axis Ace or co-branded ecommerce cards like ICICI Amazon Pay, the HDFC Swiggy Credit Card is more category-specific but potentially more rewarding for the right household. The ₹500 annual fee is low, and the ₹2 lakh fee-waiver threshold is achievable for many users, which improves the long-term value proposition. For users who do not use Swiggy often, however, the 10% headline rate will not translate into much real-world value.
New applicants should apply through the HDFC Bank product page and verify whether the welcome Swiggy One membership is credited automatically after card activation or after the first qualifying transaction. The cashback cap of ₹1,500 per month is the key restriction to watch, because once that limit is reached, additional Swiggy spend will not earn the same return. Cardholders should also confirm how dining-out transactions are classified, since merchant coding determines whether a restaurant bill earns the 5% rate. With the fee waiver set at ₹2 lakh annual spend, users who route enough monthly food and dining transactions to the card can keep the card essentially free while extracting strong category value.