SBI Cashback vs Swiggy HDFC Bank
SBI Cashback is easier to justify if 5% cashback on online spends, auto-credited with no points to manage. Swiggy HDFC Bank is easier to justify if you prefer the lower listed annual fee (Rs 500).
Choose SBI Cashback if...
- 5% cashback on online spends, auto-credited with no points to manage.
Choose Swiggy HDFC Bank if...
- You prefer the lower listed annual fee (Rs 500).
- 10% Cashback on swiggy app transactions (food delivery, instamart, dineout, genie), auto-credited with no points to manage.
Fees, rewards and benefits compared
| Feature | SBI Cashback Credit Card | Swiggy HDFC Bank Credit Card |
|---|---|---|
| Issuer | SBI Card | HDFC Bank |
| Network | Visa, Mastercard | Mastercard |
| Joining fee | Rs 999 | Rs 500 |
| Annual fee | Rs 999 | Rs 500 |
| Fee waiver spend | Rs 2 lakh | Rs 2 lakh |
| Best use case | Best for simple cashback | Best for simple cashback |
| Reward type | cashback | cashback |
| Top rewards | Online spends: 5% cashback; Offline spends: 1% cashback | Swiggy App transactions (Food delivery, Instamart, Dineout, Genie): 10% Cashback; Select online merchants (Amazon, Flipkart, Myntra, Nykaa, Ola, Uber, etc.): 5% Cashback; Other eligible retail spends: 1% Cashback |
| Domestic lounge | 0 per year | 0 per year |
| International lounge | 0 per year | 0 per year |
| Forex markup | 3.5% | 3.5% |
| Milestone benefits | Not clearly available in our current data. | Renewal fee waived on spending Rs 2,00,000 or more in the preceding anniversary year |
| Redemption | Not clearly available in our current data. | Statement balance: up to Rs 1 per point |
| Key exclusions | utilities; insurance; fuel; rent; wallet loads | Fuel transactions; Rent payments; Utility bill payments; Insurance premium payments; EMI transactions (including post-facto EMI conversions) |
Rewards comparison
SBI Cashback Credit Card: 5% cashback on online spends, auto-credited with no points to manage.
Swiggy HDFC Bank Credit Card: 10% Cashback on swiggy app transactions (food delivery, instamart, dineout, genie), auto-credited with no points to manage.
Lounge access comparison
Use the side-by-side table above for domestic and international lounge counts from the current card data.
Forex and international travel comparison
SBI Cashback lists a 3.5% forex markup. Swiggy HDFC Bank lists a 3.5% forex markup. Check issuer terms before using either card for large international spends.
Exclusions and limitations
Review the exclusions row carefully. Reward caps, merchant restrictions, and excluded spends can materially change real value.
Final recommendation
Start with Swiggy HDFC Bank if fee recovery is your first filter. Consider SBI Cashback if listed lounge access matters more, and SBI Cashback if forex markup is a key part of your travel spends. Verify issuer terms before applying.
Common questions
Which card has the lower annual fee: SBI Cashback or Swiggy HDFC Bank?
Swiggy HDFC Bank lists the lower annual fee in our current data.
Which card is better for lounge access?
Both cards show similar total lounge access in our current data. Check domestic, international, guest, and spend-condition details before deciding.
Which card has lower forex markup?
Both cards list a 3.5% forex markup in our current data.
Do affiliate links affect this comparison?
No. The comparison uses existing card data. Apply links may be affiliate links, but they do not change the displayed fees, rewards, or limitations.
What should I verify before applying?
Check issuer terms for latest fees, eligibility, reward caps, lounge rules, exclusions, and redemption options before applying.
Affiliate disclosure: Apply links may be affiliate links. We may earn a commission if you apply and are approved, but this comparison uses existing card data and does not change affiliate or apply link behavior.
Last updated: June 2026