M16S / HDFC Bank / Swiggy HDFC Bank Credit Card
entry · cobrand, cashback
Swiggy HDFC Bank Credit Card
The Swiggy HDFC Bank Credit Card costs Rs 500 a year, waived if you spend Rs 2,00,000 in a year. Its base return is 1% (1% cashback on other eligible spends). The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 500+ GST
- Fee waived at
- Rs 2,00,000annual spend
- Base return
- 1%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
What changed on this card
- HDFC Bank adds 1.75% markup on INR spends at overseas merchants, May 2026
From 15 May 2026, a markup fee of 1.75% applies on all transactions in Indian currency at an international location, or at merchants located in India but registered overseas. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- Swiggy HDFC card needs Rs 249 minimum for 10% cashback from Apr 2026
From 21 April 2026, a transaction must be at least Rs 249 to earn 10% cashback on Swiggy app spends. The 5% and 1% tiers keep a Rs 100 minimum. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- Swiggy HDFC card posts cashback daily and settles it on the statement date, Apr 2026
From 18 April 2026 cashback is posted on a day-to-day basis and settled under the card account on the statement date, instead of being posted once on the statement date. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- Swiggy HDFC card earns 5% cashback on Cleartrip from Apr 2026
Transactions on Cleartrip earn 5% cashback for statements starting 17 April 2026, based on merchant name. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank adds 1% fee on wallet loads and gaming above Rs 10,000, Jul 2025
A 1% fee applies on wallet loading (excluding PayZapp) and on online skill-based gaming spends above Rs 10,000 in a calendar month. Each fee is capped at Rs 4,999 per month. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank stops rewards on online skill-based gaming from Jul 2025
Online skill-based gaming transactions no longer earn Reward Points or CashPoints on any HDFC Bank credit card from 1 July 2025. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank charges 1% on rent payments, capped at Rs 4,999, from Jul 2025
A 1% fee on the transaction amount applies on rental transactions on any applicable merchant. The fee is capped at Rs 4,999 per transaction. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- Swiggy HDFC card earns 5% on Amazon and Flipkart grocery from May 2025
Transactions on Amazon and Flipkart registered with MCC 5411 earn 5% cashback for statements starting 10 May 2025. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank sets late payment fee slabs on credit cards from Aug 2024
Late payment charges by statement amount: nil up to Rs 100, Rs 100 for Rs 101 to 500, Rs 500 for Rs 501 to 1,000, Rs 600 for Rs 1,001 to 5,000, Rs 750 for Rs 5,001 to 10,000, Rs 900 for Rs 10,001 to 25,000, Rs 1,100 for Rs 25,001 to 50,000 and Rs 1,300 above Rs 50,000. Infinia (Metal Edition) is excluded. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- Swiggy HDFC card credits cashback to the statement from Jun 2024
For statements generated from 21 June 2024, cashback is auto-redeemed against the outstanding amount due for the next cycle instead of being paid as Swiggy Money. Swiggy Money earned on earlier statements stays redeemable on the Swiggy app. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 500 |
|---|---|
| Annual fee | Rs 500 |
| Annual spend that waives the fee | Rs 2,00,000 |
| Fee notes | Joining/renewal fee Rs 500 + charges; renewal fee waived on Rs 2 lakh annual spend, cash on call and cash withdrawals excluded (HDFC page). |
Rewards
| Welcome benefit | 3-month Swiggy One membership on card activation (one line says activation within 30 days of issuance); claimed in the Swiggy app |
|---|---|
| Reward currency | Cashback (statement credit) |
| Base earn | 1% cashback on other eligible spends |
| Base return | 1% |
| Point value | Cashback posted as statement credit (since 21 Jun 2024), adjusted in the next month's statement |
| Accelerated earn | 10% on Swiggy app (food orders, Instamart, Dineout); 5% on online spends in listed categories (apparel, electronics, department stores, personal care, local cabs, home decor, pet stores, pharmacies, discount stores, entertainment) |
| Caps | 10%: Rs 1,500 per billing cycle; 5%: Rs 1,500 per billing cycle; 1%: Rs 500 per billing cycle (page); overall Rs 3,500 per statement cycle (MITC) |
| Spends that earn nothing | Fuel, rent, EMI (all types), wallet, jewellery, government, cash advances, forex purchases; Swiggy Money wallet, Swiggy Liquor and Minis excluded from 10%; no cashback on transactions below Rs 100 (page) |
| Points expiry | Not applicable |
| Reward notes | Base return = 1%. |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markupunverified | 3.5% |
| Other freebies | Golf: 12 free lessons a year, 4 complimentary green-fee rounds per calendar year, 50% off further rounds; up to 50 interest-free days |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | On outstanding balance: up to Rs 100 nil; 101-500 Rs 100; 501-1,000 Rs 500; 1,001-5,000 Rs 600; 5,001-10,000 Rs 750; 10,001-25,000 Rs 900; 25,001-50,000 Rs 1,100; above 50,000 Rs 1,300 (MITC) |
| Cash advance fee | 2.5% of amount, min Rs 500 |
| Eligibility | Closed to new applicants per aggregator; existing holders are being moved to Swiggy Ornge or BLCK. Page still lists criteria: salaried age 21-60, income Rs 15,000/month and above; self-employed age 21-65, ITR above Rs 6 lakh. |
| Fine-print notes | Issuer product page read 2026-10-12. Page banner: the bank has started a phased transition of existing holders to Swiggy Ornge or Swiggy BLCK. The page does not say sourcing has stopped and still carries an application section, so status stays unverified. Bank-wide charges per MITC: 1% fee on rent payments (cap Rs 4,999/txn); 1% on utility spends above Rs 50,000/month (Rs 75,000 on business cards); 1% on wallet loads above Rs 10,000/month (PayZapp exempt); 1% on fuel spends above Rs 15,000/month (Rs 30,000 business); 1% on online skill gaming above Rs 10,000/month; 1% on education paid via third-party apps; 1% + GST on railway tickets; 1.75% markup on INR transactions at overseas merchants from 15 May 2026. Points lapse if the card is unused for 365 days. |
Questions
- What is the annual fee of the Swiggy HDFC Bank Credit Card?
- Rs 500 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.
- Does the Swiggy HDFC Bank Credit Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the Swiggy HDFC Bank Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Swiggy HDFC Bank Credit Card?
- Fuel, rent, EMI (all types), wallet, jewellery, government, cash advances, forex purchases; Swiggy Money wallet, Swiggy Liquor and Minis excluded from 10%; no cashback on transactions below Rs 100 (page)