HDFC Bank’s HDFC Swiggy Credit Card is offering a sharp cashback structure for food delivery and dining users: 10% cashback on Swiggy orders capped at ₹1,500 per month, 5% cashback on dining out, and 1% cashback on all other spends. The card also includes a welcome benefit of a 3-month Swiggy One membership worth ₹599. The annual fee is ₹500, and it is waived on ₹2 lakh annual spend. This is an existing card with a clearly defined everyday-rewards structure, and the numbers make it one of the most targeted food-and-dining cards in the market.
The value split is easy to understand. On Swiggy, the 10% cashback cap of ₹1,500 per month means users can earn the full benefit on up to ₹15,000 of monthly Swiggy spending. Dining out earns 5% cashback, which is half the Swiggy rate but still strong for restaurant bills. Everything else gets 1%, so the card is clearly optimized for food delivery and dining rather than general spending. The welcome benefit adds immediate utility: a 3-month Swiggy One membership valued at ₹599. With a ₹500 annual fee waived at ₹2 lakh annual spend, the card becomes especially attractive for users who can route enough spending through it to avoid the fee.
This card is strongest for new applicants and existing cardholders who already order frequently from Swiggy and dine out regularly. Compared with HDFC Millennia, SBI SimplyCLICK, and ICICI Amazon Pay, the HDFC Swiggy card is much more category-specific but also more generous in its core use case. If your monthly Swiggy bill is close to ₹15,000 or below, the 10% cashback structure is compelling. If you are a broad-based spender, however, the 1% base rate may feel too weak versus more versatile cards. The card is a net positive for food-first users and a mediocre choice for everyone else.
Applicants can apply through the HDFC Swiggy Credit Card page, and the welcome benefit should be checked for activation conditions after card issuance. The scraped data does not mention a deadline, so this appears to be an ongoing product structure rather than a limited-time promo. Cardholders should watch the monthly ₹1,500 cashback cap carefully, because spending above ₹15,000 on Swiggy in a month will not earn more than the maximum cashback. Also note the annual fee waiver trigger of ₹2 lakh spend, which is a meaningful threshold for users who want to keep the card cost-free over time.