Swiggy BLCK HDFC Bank review

HDFC Bank · Mastercard · cashback Official sources Checked 30 Oct 2026

At a glance

Annual fee: ₹1,000
Joining fee: ₹1,000
Fee waiver: ₹2,00,000 a year
Base return: 1% base
Point value: ₹1 per point
Domestic lounge: None found
International lounge: None found

Estimated net value a year

Profile	Net	% of spend
First card, light spender ₹15k a month	₹3,450	1.9%
Metro salaried ₹60k a month	₹19,008	2.6%
Family household ₹80k a month	₹22,368	2.3%
Frequent flyer ₹1.5L a month	₹40,680	2.3%
Online shopper ₹50k a month	₹20,976	3.5%
Rent-heavy ₹90k a month	₹13,872	1.3%

Fee maths: The ₹1,000 annual fee is waived at ₹2,00,000 a year of eligible spend, about ₹16,700 a month. Of our 6 profiles, 5 clear it; on first card, light spender you would pay the fee, which is 22% (₹4,450) of what that profile earns before the fee. On our 6 profiles it nets from ₹3,450 (first card, light spender) to ₹40,680 (frequent flyer), equal to 1.3% to 3.5% of spend across the profiles. Without a waiver, the metro salaried category mix earns back the fee from about ₹3,500 a month of total spend.

After fees and caps, best-case redemption. Use your own spend.

Our take: Worth it mainly if you order on Swiggy regularly: 10% on Swiggy food, Instamart and Dineout (₹1,500 cashback cap a billing cycle, ₹249 minimum order), plus 5% on Amazon, Flipkart and a list of other online merchants that share a separate ₹1,500 cap. Everything else earns 1%, capped at ₹1,000 a cycle. The ₹1,000 fee is waived at ₹2 lakh of spend in the year, and the joining fee is waived on ₹75,000 spent within 90 days. Fuel, rent, education and wallet loads earn nothing.

From the card's terms: strengths

Capped category-wide rate: about 5% on Amazon, Flipkart
Up to about 10% at partner merchants, subject to caps

Reward rates and caps

Spend category	Points per ₹100	Value per ₹100	Cap	Notes
Everything else	1	₹1	₹1,000 a month	1% on other eligible spends (min txn ₹100); cap ₹1,000 per billing cycle. Utilities/telecom/groceries outside Swiggy fall here.
Dining & food delivery, Groceries	10	₹10	₹1,500 a month	10% only on Swiggy app: Food ordering, Instamart (groceries) and Dineout; min txn ₹249; cap ₹1,500 per billing cycle. Excludes Swiggy Money wallet and Swiggy Liquor. Modelled as ~40% of dining+grocery spend for a Swiggy user.
Amazon, Flipkart	5	₹5	₹1,500 a month	5% on Amazon and Flipkart (all online transactions except excluded MCCs); min txn ₹100; cap ₹1,500 per billing cycle (shared with the other 5% merchants).
Other online shopping, Entertainment & OTT, Flights & hotels	5	₹5	₹1,500 a month	5% only at listed merchants/MCCs: apparel, pharmacy, pet stores, personal care, Ola/Zoom/Uber, Reliance Retail/Croma/Vijay Sales, Paytm Travel/EaseMyTrip/Ixigo/Yatra/Ibibo, Nykaa, Cleartrip, Ajio, Netflix, Hotstar, BookMyShow, Meesho. Share is an assumption. Cleartrip/Nykaa also carry extra instant discounts (not modelled). SmartBuy excluded.
Fuel	0	₹0	No cap found	No cashback on fuel (MCC 5172, 5541, 5542, 5983).
Rent	0	₹0	No cap found	No cashback on rent (MCC 6513).

Point value: Cashback auto-credited against outstanding statement balance, Re 1 per Re 1 (official T&C).

Excluded or reduced

Fuel, rent, jewellery, government payments, gaming, education earn nothing
Wallet/prepaid/gift card loads, EMI (all types), Smartpay and SmartBuy portal spends earn nothing
Cash advances, traveller's cheques, purchase of foreign currency and fees earn nothing
Swiggy Money wallet, Swiggy Liquor, Genie and other Swiggy platforms outside Food/Instamart/Dineout do not earn 10%
10% needs min txn ₹249; 5% and 1% need min txn ₹100

Other benefits

Welcome: Complimentary Swiggy BLCK membership for 3 months on card activation (activate within 37 days of issuance).
Renewal: Renewal fee waived on ₹2 lakh spend in the year
Mastercard World golf programme: 4 complimentary green-fee rounds per calendar year (official product page)
Birthday-week additional 10% off Swiggy Dineout up to ₹500 on min order ₹3,000
Up to 50 days interest-free period

Eligibility

Not stated on the retrieved official page text (page header lists a Salaried section only). not confirmed in an issuer document: check the application page

Where it ranks

#4 in Best credit cards for online shopping
#3 in Best cashback credit cards
#1 in Best first credit cards

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FAQ

What is the annual fee of the Swiggy BLCK HDFC Bank?

₹1,000 a year, waived at ₹2,00,000 annual spend. Fees exclude 18% GST.

How do Swiggy BLCK HDFC Bank rewards work?

1% base, up to 5% on Amazon/Flipkart, 10% at partners, capped. Cashback auto-credited against outstanding statement balance, Re 1 per Re 1 (official T&C).

Does the Swiggy BLCK HDFC Bank give airport lounge access?

We did not find lounge access on this card in the sources we checked.

Who is the Swiggy BLCK HDFC Bank best suited to?

Worth it mainly if you order on Swiggy regularly: 10% on Swiggy food, Instamart and Dineout (₹1,500 cashback cap a billing cycle, ₹249 minimum order), plus 5% on Amazon, Flipkart and a list of other online merchants that share a separate ₹1,500 cap. Everything else earns 1%, capped at ₹1,000 a cycle. The ₹1,000 fee is waived at ₹2 lakh of spend in the year, and the joining fee is waived on ₹75,000 spent within 90 days. Fuel, rent, education and wallet loads earn nothing. The ₹1,000 annual fee is waived at ₹2,00,000 a year of eligible spend, about ₹16,700 a month. Of our 6 profiles, 5 clear it; on first card, light spender you would pay the fee, which is 22% (₹4,450) of what that profile earns before the fee. On our 6 profiles it nets from ₹3,450 (first card, light spender) to ₹40,680 (frequent flyer), equal to 1.3% to 3.5% of spend across the profiles.