HDFC BankSwiggy
Mastercard
HDFC Bank · Mastercard
Swiggy
Joining ₹500 · Annual ₹500 · Waived on ₹2,00,000 annual spend
Fee break-even: ≈₹50,000/yr through this card at its base rate. Below that, the fee eats the rewards.
Earns Statement cashback. True cashback adjusted in the statement. No points conversion. Posts within the same billing cycle
Verified 7 Aug 2026Forex markup3.5%
GolfMastercard World privileges (incl. Golf programme)
ConciergeNone
Fuel surchargeNot offered
Domestic loungeNone
International loungeNone
EMI₹99 to ₹699 plus GST at a merchant, up to ₹849 plus GST converting a statement balance processing fee · A converted purchase stops earning rewards · HDFC's fee follows the merchant and the scheme rather than your card, so the same tenure can cost ₹99 at one shop and ₹699 at another. It is not refunded if you cancel or pre close. Cancelling inside 7 days is free, after that pre closing costs 3% of the principal left plus GST. · EMI transactions earn nothing
Return by category
| Category | Return | Notes |
|---|---|---|
| Online spend | 1% | The 5% is a named merchant and MCC list rather than all online spend, covering the likes of Amazon, Myntra, Nykaa, BookMyShow and cab apps on a ₹100 minimum. Anything on an unlisted code earns the 1% base, and groceries and gift cards are out altogether. |
| Amazon | 5% | ₹1,500 per billing cycle · Select categories: apparel, electronics, entertainment, personal care, pharmacy, cabs (Amazon, Myntra, Nykaa, Uber, Ola, BookMyShow…). Min ₹100. Gift cards and groceries excluded. Utilities fall to 1%. |
| Flipkart | 1% | Uses its online rate |
| Subscriptions & OTT | 1% | Uses its online rate |
| Offline spend | 1% | Base rate |
| UPI spending | 0% | Visa, Mastercard and Amex credit cards can't be linked to UPI. RuPay is the only network NPCI allows for credit-on-UPI. |
| Dining | 1% | Swiggy app only: food delivery and Dineout. Since Apr 2026 each order must be ₹249+ to earn the 10%. Swiggy Money loads, Minis and liquor excluded. |
| Swiggy | 10% | ₹1,500/billing cycle combined across all Swiggy app spends · Swiggy app only: food delivery and Dineout. Since Apr 2026 each order must be ₹249+ to earn the 10%. Swiggy Money loads, Minis and liquor excluded. |
| Zomato | 1% | Uses its dining rate |
| Groceries | 1% | Swiggy Instamart only (₹249 min order). Groceries outside Swiggy earn just 1%. |
| Quick commerce | 1% | Uses its groceries rate |
| Swiggy Instamart | 10% | Within the same ₹1,500/cycle Swiggy cap · Swiggy Instamart only (₹249 min order). Groceries outside Swiggy earn just 1%. |
| Blinkit | 1% | Base rate |
| BigBasket | 1% | Uses its groceries rate |
| Movies & shows | 1% | Base rate |
| BookMyShow | 5% | ₹1,500 per billing cycle · Select categories: apparel, electronics, entertainment, personal care, pharmacy, cabs (Amazon, Myntra, Nykaa, Uber, Ola, BookMyShow…). Min ₹100. Gift cards and groceries excluded. Utilities fall to 1%. |
| PVR INOX | 1% | Base rate |
| Fuel | 0% | Fuel earns no cashback (no surcharge waiver advertised either) |
| Travel (general) | 1% | The 5% is Cleartrip only, on its flights and hotels. Travel booked anywhere else earns the 1% base. |
| Flights | 1% | Uses its travel rate |
| Hotels | 1% | Uses its travel rate |
| MakeMyTrip | 1% | Uses its travel rate |
| IRCTC rail | 1% | Uses its travel rate |
| International | −2.5% | 1% reward − 3.5% forex markup |
| Utilities & bills | 1% | Base rate |
| Rent | 0% | No cashback, plus HDFC's 1% rent fee |
| Education fees | 1% | Base rate |
| Insurance premiums | 1% | Base rate |
| Government & tax | 0% | Government transactions earn nothing |
| Wallet loads | 0% | Wallet loads earn nothing (incl. Swiggy Money) |
| Anything else | 1% | Base rate |
| Jewellery | 0% | Jewellery excluded from cashback |
Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.
Also worth knowing
- 3-month Swiggy One membership on activation
- This is the ORIGINAL Swiggy card. Discontinued for new applicants around Mar 2026, replaced by ORNGE (5% Swiggy) and BLCK (10% Swiggy) variants. Existing holders keep the original 10% benefits.
Other exclusions
- EMI transactions earn nothing
Sources
Every figure above comes from the issuer's own pages and documents. Last verified 7 Aug 2026.