Swiggy HDFC Bank Credit Card

Best for: Swiggy app power user (food + Instamart), Urban resident ordering 5+ times per week, Instamart quick commerce for groceries, Does not want to track multiple apps — Swiggy-first household

Mid tier — a solid all-rounder for steady monthly spend.

Strongest value if you spend heavily on Dining ( 10% back).

• 10% back on entire Swiggy app — food delivery + Instamart quick commerce + Dineout restaurant bookings all earn 10%
• ₹7,000/month Swiggy spend earns ₹8,400/year — the fee pays for itself in 3 weeks of normal Swiggy usage
• Annual fee waived at ₹2L spend — Swiggy regulars hit this by April
• Works across the full Swiggy super-app: food, groceries, dining out

• 10% capped at ₹1,500/month — max annual benefit from Swiggy is ₹18,000 regardless of spend above ₹15,000/month
• Non-Swiggy spend earns only 1% — this is a dedicated Swiggy card, not an all-rounder
• The 5% is allow-listed by MCC, not "all online" — anything off the list earns the 1% base
• Paying a Swiggy order out of Swiggy Money earns nothing; Swiggy Liquor and Minis are excluded too
• Fuel, rent, government payments, wallet and gift-card loads, jewellery and all EMI earn nothing
• If you split food delivery between Swiggy and Zomato, Axis ACE (4% on both) may earn more overall

Ways to convert what you earn into real value.

🎁 Cashback credited as statement credit automatically — no points to redeem

🎁 5% Cleartrip travel benefit on the Swiggy app

The Swiggy HDFC card remains an outstanding option for frequent food and grocery delivery customers, returning 10% across the full Swiggy app ecosystem up to a ₹1,500 monthly ceiling for an affordable ₹500 annual charge. Applicants should keep in mind the ₹249 per-order minimum requirement and remember that the 10% app earnings and 5% partner retail rewards operate under separate ₹1,500 monthly limits.

Sources & verification

Fees, reward rates, and benefits for the Swiggy HDFC Bank Credit Card are taken from HDFC Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 5 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →

Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for HDFC Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.

Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.

Tracking since 2023 · 9 changes · last change May 2026

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

▼ Fee Effective 15 May 2026

Dynamic currency conversion markup raised to 1.75%

1% markup → 1.75% markup

HDFC's MITC: "Dynamic currency conversion Markup Fee: With effect from 15th May 2026, a Markup fee of 1.75% will be levied on all transactions carried out in Indian Currency at an international location or at merchants which are located in India but registered overseas." This is separate from, and stacks on top of, the card's ordinary foreign-currency markup. It is the charge you pay for accepting a terminal's offer to bill you in rupees while abroad - always decline that offer and pay in the local currency. It also catches India-based purchases from merchants registered overseas, which is easy to trigger without leaving the country. The PIXEL MITC dates the same change 17 May 2026.

Verification: HDFC Bank ↗ · Confidence: High

▼ Reward Observed 18 Mar 2026 · Effective 21 Apr 2026

₹249 minimum per Swiggy transaction for 10% cashback

₹100 per transaction → ₹249 per transaction

HDFC's T&C §4.1: "W.e.f. from 21st April 2026" each Swiggy-app transaction must be ₹249 or more to earn the 10% cashback, up from a ₹100 minimum; the 5% online and 1% base tiers keep the ₹100 floor. Caps unchanged. HDFC confirmed the card was not devalued or migrated to the Swiggy BLCK variant.

Verification: HDFC Bank ↗ · Confidence: High

▲ Redemption Observed 18 Mar 2026 · Effective 18 Apr 2026

Cashback starts adjusting within the same billing cycle

Credited in the following billing cycle → Adjusted within the same billing cycle

HDFC's T&C §4.2 dates this change "w.e.f. 18th April 2026" — a day after the Cleartrip addition and three days before the ₹249 minimum. A small but real improvement: cashback now offsets the balance you are about to pay rather than the next one.

Verification: HDFC Bank ↗ · Confidence: High

▲ Reward Observed 18 Mar 2026 · Effective 17 Apr 2026

Cleartrip joins the 5% online cashback bucket

No Cleartrip benefit → 5% cashback on Cleartrip, inside the existing 5% online ₹1,500/cycle cap

HDFC added Cleartrip to the card's 5% online category — "Transactions on Cleartrip will earn 5% cashback for statement starting 17th April 2026 basis the merchant name". It is an addition to the existing bucket, NOT a third cap: Table 1.1 lists Cleartrip under the same online block, which has a single ₹1,500-per-cycle cell. Cleartrip separately runs instant discounts of its own — 20% on hotels and 6.35% on flights, marked a limited-period offer from the same date.

Verification: HDFC Bank ↗ · Confidence: High

▼ Fee Effective 1 Jul 2025

1% fee added on rent, wallet loads and online gaming

No category surcharge on rent, wallet loads or gaming → 1% on rent (cap Rs 4,999 per transaction); 1% on wallet loads and on online skill-based gaming above Rs 10,000 a calendar month (cap Rs 4,999 a month)

HDFC's MITC: "Rent Pay Transactions: W.e.f. 1st July 2025, 1% fee on transaction amount will be levied on rental transactions... Fee capped at Rs 4999 per transaction"; "Wallet Loading (excl PayZapp) - W.e.f. 1st July 2025, 1% fee will be levied on Wallet loading spends exceeding Rs 10,000 in a calendar month"; "Online Skill based Gaming - W.e.f. 1st July 2025, 1% fee... exceeding Rs 10,000 in a calendar month". These are charges on top of the fact that most HDFC cards already earn zero reward points on the same categories - you pay to spend, and earn nothing for it. PayZapp wallet loads are exempt from the wallet fee.

Verification: HDFC Bank ↗ · Confidence: High

▼ Fee Effective 1 Jul 2025

1% fee on utilities above Rs 50,000 and on third-party education payments

No surcharge on utility or education payments → 1% on utility spends above Rs 50,000 a calendar month (cap Rs 4,999 a month); 1% on education paid through third-party apps

HDFC's MITC: "Utility Charges: 1% fee will be levied on utility spends exceeding Rs 50,000 per Calendar month for consumer cards... Fee capped at Rs 4999 per month"; "Education Charges: 1% fee... on Education transactions done through third party applications like (but not limited to) CRED, Nobroker, Cheq etc." Paying school or college fees DIRECTLY to the institution is not charged - only routing them through a third-party app is. A 1% fee also applies to fuel transactions above Rs 15,000.

Verification: HDFC Bank ↗ · Confidence: High

▼ Reward Effective 1 Jul 2025

Insurance reward points capped, online gaming stops earning

Insurance uncapped on most cards; online skill-based gaming earned points → Insurance capped at 2,000 reward points a month (5,000 on Diners Black, 10,000 on Infinia); online skill-based gaming earns nothing

HDFC's MITC: "With effect from 1st July 2025, Reward Points accrued for insurance transactions will have a maximum cap of... 2000 per month for all other credit cards" and "With effect from 1st July 2025, Online Skill-Based gaming transactions will not earn Reward Points/CashPoints on all the cards." Insurance premiums are a common way to hit a milestone quickly, so the cap matters more than its size suggests.

Verification: HDFC Bank ↗ · Confidence: High

▲ Redemption Effective 21 Jun 2024

Cashback switched from Swiggy wallet to statement credit

Swiggy Money (Swiggy-only wallet, ~1-year expiry) → Statement credit adjusted against outstanding

From 21 June 2024 HDFC changed how cashback is paid: instead of Swiggy Money credited to the app wallet (spendable only on Swiggy and expiring within a year), it is now adjusted against the card statement outstanding. Earn rates and caps (10%/5% at ₹1,500, 1% at ₹500 per cycle) were unchanged, but the cashback became real, universally usable money — a rare revaluation.

Verification: HDFC Bank ↗ · Confidence: High

◆ Launch Effective 26 Jul 2023

Swiggy HDFC Bank Credit Card launched

HDFC's first Swiggy co-brand debuts on Mastercard: 10% cashback on all Swiggy-app spend (food, Instamart, Dineout), 5% on a select allow-list of online MCCs, 1% on everything else, plus a complimentary 3-month Swiggy One membership. Joining/annual fee ₹500 + GST; the 10% and 5% tiers each capped at ₹1,500/cycle and 1% at ₹500/cycle, with cashback paid as 'Swiggy Money' into the app wallet.

Verification: HDFC Bank ↗ · Confidence: High

↓ Show all 9 changes Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.

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Quick summary

Type Mid credit card

Reward rate 1%–10%

Best for Swiggy app power user (food + Instamart)

Joining fee ₹500

Annual fee ₹500

Reviewed by

Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade

Last verified 5 Aug 2026

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