Save Big on Food & Online Shopping with Swiggy HDFC Bank Credit Card-Features, Savings, and How to Apply

The Swiggy HDFC Bank Credit Card is a tailor-made solution for food enthusiasts and online shopping lovers. With exceptional cashback offers and exclusive benefits, this card is a standout choice. Read on to explore its features, benefits, eligibility criteria, and how it compares with similar credit cards.

Key Features and Benefits

1. 10% Cashback on Swiggy Spends

  • Earn 10% cashback on orders through the Swiggy app, including food delivery, Instamart, Dineout, and Genie.
  • Cashback is capped at ₹1,500 per billing cycle, allowing up to ₹18,000 savings annually.
  • Exclusions: Swiggy Liquor, Minis, and Money Wallet transactions.

2. 5% Cashback on Online Purchases

  • Applicable to select categories such as apparel, electronics, entertainment, home décor, pharmacies, and more.
  • Cashback applies only to specified merchants under designated MCC codes.
  • Capped at ₹1,500 per billing cycle, enabling up to ₹18,000 annual savings.

3. 1% Cashback on Other Spends

  • Enjoy 1% cashback on all other spends, excluding fuel, rent, wallet loading, jewelry, and government-related transactions.
  • Maximum cashback is ₹500 per billing cycle, translating to ₹6,000 savings per year.

4. Complimentary Swiggy One Membership

  • Get a three-month Swiggy One membership upon card activation.
  • Benefits include free deliveries and exclusive discounts on Swiggy services like Instamart and Genie.

5. Golf Privileges

  • Access world-class golf courses and enjoy 12 complimentary lessons per year.
  • Four free green fee rounds annually and discounted services beyond the complimentary limit.

Eligibility and Fees

CriteriaDetails
Age21-60 years (salaried), 21-65 years (self-employed)
IncomeSalaried: ₹15,000/month; Self-employed: ITR > ₹6,00,000
Joining/Annual Fee₹500 + taxes (waived if annual spends ≥ ₹2,00,000)
Limited-Time OfferLifetime free card (valid until 31st December 2024)

How Much Can You Save Annually ?

Here’s a breakdown of the potential savings with the Swiggy HDFC Bank Credit Card:

CategoryAnnual Savings (₹)
Swiggy App (10% Cashback)18,000
Online Purchases (5%)18,000
Other Spends (1%)6,000
Total Savings42,000

How Does It Compare to Other Cards ?

CardCashback CategoriesAnnual FeeMaximum Monthly Cashback
Swiggy HDFC Bank10% on Swiggy, 5% online, 1% others₹500 (lifetime free*)₹3,500
HSBC Live+10% on dining, grocery, food delivery₹999 (waived ≥ ₹2L)**₹1,000
Flipkart Axis Bank5% on Flipkart purchases₹500No cap
Amazon Pay ICICI5% on AmazonLifetime freeNo cap
Tata Neu Infinity HDFC5% NeuCoins on Tata Group purchases₹1,499No cap

*Lifetime free offer valid until 31st December 2024.
**Waiver applicable on ₹2,00,000+ spends annually.

Should You Apply ?

The Swiggy HDFC Bank Credit Card is perfect for foodies and online shoppers looking for significant cashback benefits. With up to ₹42,000 in annual savings and a limited-time lifetime-free offer, this card is a strong contender in the cashback category.

While cards like HSBC Live+ and Flipkart Axis Bank have competitive cashback structures, the Swiggy HDFC Card stands out with higher caps and broader accessibility. Its integration with Swiggy services makes it ideal for frequent Swiggy users.

Source: Information collected from LiveMint.

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