HDFC BankSwiggy BLCK HDFC Bank Credit Card Review 2026: Benefits, Fees & Rewards
Verified Official Data • Last updated November 2026
Swiggy BLCK HDFC Bank Credit Card Net Value Calculator
Drag sliders to estimate Swiggy BLCK HDFC Bank Credit Card's real annual net returns based on your actual spending habits.
Your Monthly Spend
₹50,000/moE-Commerce & Online
Daily Essentials
Most cards earn ₹0 rewards on fuel (surcharge waiver only).
Frequently excluded from rewards in India.
Lifestyle, Bills & Other
Almost always earns ₹0 and may carry a fee.
Often excluded or capped.
Savings & Milestones Tracker
0.72%
Value Yield (Net / Spent)
₹4,320
Annual Net Value
How Your Spends Convert to Rewards
Live calculation breakdown for Swiggy BLCK HDFC Bank Credit Card
| Spend Category | Monthly Spend | Reward Rate | Monthly Cap | Monthly Value | Annual Value | Status / Caps |
|---|---|---|---|---|---|---|
Fuel | ₹4,000/mo | 0% Cashback | No cap | ₹0 | ₹0/yr | Excluded |
Rent | ₹10,000/mo | 0% Cashback | No cap | ₹0 | ₹0/yr | Excluded |
Other Online Shopping | ₹6,000/mo | 1% Cashback | ₹1,000/mo₹195 used (20%)shared with 4 others | ₹60 | ₹720/yr | Active Earn |
Amazon Spends | ₹3,500/mo | 1% Cashback | ₹1,000/mo₹195 used (20%)shared with 4 others | ₹35 | ₹420/yr | Active Earn |
Flipkart Spends | ₹2,000/mo | 1% Cashback | ₹1,000/mo₹195 used (20%)shared with 4 others | ₹20 | ₹240/yr | Active Earn |
Dining & Food Delivery | ₹5,000/mo | 1% Cashback | ₹1,000/mo₹195 used (20%)shared with 4 others | ₹50 | ₹600/yr | Active Earn |
Other / Offline | ₹3,000/mo | 1% Cashback | ₹1,000/mo₹195 used (20%)shared with 4 others | ₹30 | ₹360/yr | Active Earn |
Groceries | ₹7,000/mo | 1% Cashback | No cap | ₹70 | ₹840/yr | Active Earn |
Utilities & Bills | ₹4,000/mo | 1% Cashback | No cap | ₹40 | ₹480/yr | Active Earn |
Travel (Flights/Hotels) | ₹4,000/mo | 1% Cashback | No cap | ₹40 | ₹480/yr | Active Earn |
Insurance | ₹1,500/mo | 1% Cashback | No cap | ₹15 | ₹180/yr | Active Earn |
All ₹ values exclude GST. Perks like lounge access are shown separately and not added into net value. Rewards use your selected redemption mode (cashback / statement credit).
Is Swiggy BLCK HDFC Bank Credit Card actually your best option?
Run the same spend against all 545 cards and see where this one ranks.
Swiggy BLCK HDFC Bank Credit Card Fees & Key Specifications
Issuance fees, spend waiver thresholds, forex markup, and complimentary airport lounge access.
₹1,000
+ GST₹1,000
Per year + GST₹2,00,000
Annual spend goal3.5%
Cross-currency markupNone
No domestic accessNone
No international accessSwiggy BLCK HDFC Bank Credit Card Cashback Rates & Redemption
Verified earn rates, accelerated multipliers, point conversion valuation, and redemption policies for 2026.
Applies to all non-excluded offline, general retail, and miscellaneous spends.
Auto statement credit (1/5 friction)
Points never expire
Accelerated Category Multipliers (3)
VERIFIED 2026-08-10 (hdfc.bank.in 't-and-cs-swiggy-black-hdfc-bank-credit-card.pdf' Table 1.1 + Sec 2.2, and '10-percent-cashback-details.pdf'): "Spends on Swiggy App* (Food Delivery, Instamart and Dineout) 10% cashback Rs.1500 per billing cycle." "Earning 10% Cashback using Swiggy BLCK HDFC Bank Credit Card is applicable only on transaction done on Swiggy Food ordering, Instamart and Dineout. Transactions made on any other Swiggy platform except the above stated platforms won't qualify for the 10% Cashback category." 10% is Swiggy-App-only, NOT general restaurant dining -- merchantRestricted set true, dining category dropped to the ordinary 1% base rate (shares the 'other categories' ₹1000/billing-cycle cap pool below, per capGroup). The 10% Swiggy-App accelerator (cap ₹1500/billing cycle, min txn ₹249, excludes Swiggy Money Wallet & Swiggy Liquor) is documented here in note only.
VERIFIED 2026-08-10 (same T&C PDF Table 1.1/2.1 Sec 2.3, and '5-percent-cashback-details-swiggy-black-credit-card.pdf'): "5% Cashback will only be accrued on online transactions done on following Brands and categories on certain MCCs ... Any other MCC except stated under table 2.1 are not eligible for 5% cashback. Only select merchants mapped under the MCCs listed in Table 2.1 are eligible for 5% Cashback." Restricted to a named MCC/merchant list (Apparels, Pharmacies, Pet Stores, Personal Care, Ola/Zoom/Uber, Reliance Retail/Vijay Sales/Croma, Paytm Travel/EaseMyTrip/Ixigo/Yatra/Ibibo, Amazon/Flipkart/Myntra/Nykaa/ClearTrip/Ajio/Netflix/Hotstar/BookMyShow/Meesho), cap Rs.1500/billing cycle -- merchantRestricted set true, online category dropped to ordinary 1% base rate (shared 'other categories' cap pool below). Accelerator documented in note only.
VERIFIED 2026-08-10 (T&C PDF Table 1.1 + '1-percent-cashback-details-swiggy-blck-hdfc-bank-credit-card.pdf'): "Spends on other categories* 1% cashback Rs.1000 per billing cycle." "*Capping of Rs. 1000 per billing cycle is applicable for 1% Cashback Categories with Swiggy BLCK HDFC Bank Credit Card." This ₹1000/billing-cycle cap was MISSING from the previous entry (no 'other' category / cap existed at all, so ordinary and downgraded dining/online spend was paying the 1% base rate uncapped) -- fixed here with a shared capGroup covering dining/online/other.
No cashback on: Fuel, Rent, Government-related transactions, Jewellery, Gaming, Education, EMI (all types), Wallet/Prepaid/Gift Card, Cash advances, travelers' cheques, foreign currency purchase, Smartpay, SmartBuy portal. Min transaction ₹249 for the 10% Swiggy-App category, ₹100 for 5%/1% categories.
Swiggy BLCK HDFC Bank Credit Card Milestones & Perks
Welcome bonuses, annual renewal rewards, milestone spend targets, and exclusive lifestyle memberships.
Complimentary Lifestyle & Travel Privileges (6)
Premium co-brand tier with Swiggy (higher tier than Swiggy HDFC / Swiggy Ornge)
Complimentary 3-month Swiggy BLCK membership as welcome benefit
Joining fee waived on Rs.75,000 spend within 90 days of issuance
Mastercard World/Golf Program benefits (12 golf lessons/year, 4 complimentary green fee rounds/year)
Requires higher income eligibility: salaried net monthly > Rs.1,00,000
Additional 10% discount on Swiggy Dineout during birthday week (up to Rs.500 on min Rs.3000)
Swiggy BLCK HDFC Bank Credit Card Offers (1)
Swiggy
10% cashback on Swiggy app (Food ordering, Instamart and Dineout), max Rs.1,500 per billing cycle, min transaction Rs.249
Verified 2026-11 · Source
Swiggy BLCK HDFC Bank Credit Card Eligibility & Data Sources
Applicant eligibility criteria, devaluation tracking history, and verified source citations.
Salaried: Net Monthly Income > Rs.1,00,000; Self-Employed: Annual ITR > Rs.12 lakh
mastercard
This card's data has been audited directly against official HDFC Bank Key Fact Statements (KFS) and published schedule of charges. Point valuations include real redemption friction factors to compute true net financial value.
Swiggy BLCK HDFC Bank Credit Card Specification Sheet
Comprehensive rules, fees, and parameters verified directly against issuer details.
| Feature | Swiggy BLCK HDFC Bank Credit CardHDFC Bank |
|---|---|
| Joining fee | ₹1,000 |
| Annual fee | ₹1,000/yr |
| Fee waiver | Spend ₹2,00,000/yr |
| Base reward | 1% cashback |
| Top reward categories | 1% dining (higher rate at select merchants only), 1% online (higher rate at select merchants only), 1% other |
| Redemption friction | Auto credit |
| Point expiry | Never expire |
| Lounge access | None |
| Forex markup | 3.5% |
| Fuel surcharge | None |
| Min income · salaried | ₹12.0L/yr |
| Min income · self-employed | ₹12.0L/yr |
| Eligibility (as stated) | Salaried: Net Monthly Income > Rs.1,00,000; Self-Employed: Annual ITR > Rs.12 lakh |
| Recent devaluations | None recorded |
| Verified against |
Swiggy BLCK HDFC Bank Credit Card Review & Spending Guide (2026)
The Swiggy BLCK HDFC Bank Credit Card by HDFC Bank is a prominent credit card in the Indian market, categorized under the mid tier. Offering a base rewards engine of 1% cashback, this card targets users looking to optimize their personal finances.
When evaluating the real-world value of the Swiggy BLCK HDFC Bank Credit Card, it's essential to look beyond the joining fee of ₹1000 and annual fee of ₹1000. With our real-time calculator above, you can map out your monthly category spends (online shopping, dining, travel, utilities, groceries, etc.) to see if you can trigger the spend-based annual fee waiver of ₹200000, which determines your true Net Annual Value (NTV).
Rewards Potential & Category Multipliers
For accelerated spenders, the Swiggy BLCK HDFC Bank Credit Card features key reward multipliers:
- 1% dining (higher rate at select merchants only) (Higher rate at select merchants only; ordinary dining spend earns 1%) (shared cap of ₹1000/month).
- 1% online (higher rate at select merchants only) (Higher rate at select merchants only; ordinary online spend earns 1%) (shared cap of ₹1000/month).
- 1% other (shared cap of ₹1000/month).
- Exclusions: No rewards are earned on fuel, rent categories.
Lounge Access & Extra Perks
Perks add immense value that calculations often leave out. The Swiggy BLCK HDFC Bank Credit Card offers:
- Domestic Lounges: No domestic lounge visits available.
- International Lounges: No international lounge visits available.
Points Redemption and Point Expiry
Earning points is only half the battle. Redemptions are subject to a friction index of 1/5 (representing Auto statement credit (1/5 friction)). Note: Cashback auto-credited as statement credit (auto-adjusted against outstanding balance excl. finance charges).. Points are valid for a lifetime (no expiry).
Who the Swiggy BLCK HDFC Bank Credit Card benefits the most
Derived from this card's actual earn rates, caps and perks — not a generic profile.
- People who want one flat, no-thinking rate: every eligible spend earns 1% cashback, with no category tracking to do.
- Households already spending about ₹16,667 a month on cards. That clears the ₹2 lakh annual-spend waiver and makes the ₹1,000 annual fee (₹1,180 with 18% GST) disappear.
- People who never get around to redeeming. Redemption friction here is 1/5, so rewards convert with little effort instead of rotting in a points balance.
Who should avoid the Swiggy BLCK HDFC Bank Credit Card
The cases where this card quietly costs more than it pays back.
- Anyone whose spending is heavy on fuel, rent payments. These categories earn absolutely nothing on this card — not a reduced rate, zero. No cashback on: Fuel, Rent, Government-related transactions, Jewellery, Gaming, Education, EMI (all types), Wallet/Prepaid/Gift Card, Cash advances, travelers' cheques, foreign currency purchase, Smartpay, SmartBuy portal. Min transaction ₹249 for the 10% Swiggy-App category, ₹100 for 5%/1% categories.
- Travellers and overseas online shoppers. The 3.5% forex markup plus 18% GST on that markup works out to about 4.13% on every foreign-currency transaction — usually more than the rewards you earn on it.
- Frequent flyers looking for airport comfort. This card carries no complimentary lounge access.
- High spenders expecting rewards to scale with spend. Monthly caps hold the accelerated earnings to roughly ₹12,000 a year; spending double will not double your rewards.
- Anyone who revolves a balance. Credit card interest in India typically runs 36–45% a year plus 18% GST on the interest — that erases every reward this card can pay, on any spending pattern.
Tax implications of the Swiggy BLCK HDFC Bank Credit Card
Indian tax treatment of the fees, rewards and foreign spends on this specific card.
GST on fees and charges. Every fee quoted on this page excludes GST. The ₹1,000 joining fee bills as ₹1,180 and the ₹1,000 renewal as ₹1,180. GST also applies to interest, late payment fees, cash advance fees and the forex markup — it is not a one-off on the fee alone.
Are the reward points taxable? Points or cashback earned in proportion to your own spending are treated as a post-purchase discount rather than income, so a salaried individual does not pay tax on them. The cashback on this card reduces the cost of what you bought; it is not "other income" in your ITR. Two exceptions matter: benefits received from a business relationship (not from your own spending) can attract TDS at 10% under section 194R where the value exceeds ₹20,000 in a year, and a gift or voucher received from the bank with no link to your spending can be taxable under section 56(2)(x) if total gifts from non-relatives cross ₹50,000 in a year.
Is the annual fee deductible? Not for a salaried cardholder — it is a personal expense. If the card is genuinely used for business or professional spends, the ₹1,180 renewal is an allowable business expense under section 37(1), and a GST-registered business billed in its own name can claim the ₹180 GST as input tax credit.
Foreign spends, TCS and the LRS. The 3.5% markup attracts 18% GST, making it about 4.13% effectively. TCS under the Liberalised Remittance Scheme runs at 20% above ₹10 lakh of remittances in a financial year; international credit card spends have so far been kept outside the LRS pending notification, so no TCS is deducted at the till today. Where TCS is collected on any remittance, it is not a sunk cost — it is creditable against your tax liability and refundable through your ITR.
Spends the tax department can see. Aggregate credit card payments of ₹10 lakh or more in a financial year (₹1 lakh or more if paid in cash) are reported by HDFC Bank in the Statement of Financial Transactions and show up in your AIS. That is not a tax by itself, but the spending should be consistent with the income you declare.
Eligibility and documents for the Swiggy BLCK HDFC Bank Credit Card
HDFC Bank's stated criteria, verified November 2026.
Eligibility
- Income: Salaried: Net Monthly Income > Rs.1,00,000; Self-Employed: Annual ITR > Rs.12 lakh (as stated by HDFC Bank).
- Age: typically 21 to 60 for salaried applicants and up to 65 for self-employed; add-on cards from 18.
- Credit score: a CIBIL score of 750+ materially improves approval odds on any card, including this one.
- Residency: resident Indian with a verifiable address in a city HDFC Bank services.
Documents required
- Identity: PAN card (mandatory) plus Aadhaar, passport, voter ID or driving licence.
- Address: Aadhaar, passport, utility bill or registered rent agreement.
- Income (salaried): last 3 months' salary slips and 3–6 months' bank statements showing salary credit; Form 16 for the latest year.
- Income (self-employed): latest 1–2 years' ITR with computation, audited financials where applicable, and 6 months' current account statements.
- Photograph: one recent passport-size photo (often skipped in a full digital journey).
- Existing HDFC Bank customers with a salary or pre-approved relationship usually skip the income documents entirely.
Nomination note: a credit card has no nominee — nomination applies to deposits and investments. What matters here is that your family knows the card exists and knows the outstanding, so it can be settled from the estate promptly instead of accruing interest and late fees after the fact.
How to apply for the Swiggy BLCK HDFC Bank Credit Card
- Check for a pre-approved offer first. Log in to HDFC Bank net banking or the mobile app. A pre-approved journey skips income documents and, more importantly, avoids a hard enquiry on your credit report if you are declined.
- Confirm the current fee and rates on the official page before applying — banks revise these without much notice.
- Apply online with PAN, Aadhaar and employment details, or walk into a HDFC Bank branch if your income profile needs manual assessment.
- Complete KYC. Most issuers now offer video KYC that finishes in minutes; physical verification adds a few days.
- Confirm the credit limit before activating. A limit too small to route ₹16,667 a month through makes the ₹2 lakh fee waiver unreachable — ask for an enhancement up front.
- Set a full-payment auto-debit on the due date the day the card arrives. Interest of 36–45% a year plus GST is the single fastest way to turn this card into a loss.
Swiggy BLCK HDFC Bank Credit Card — frequently asked questions
Answers use this card's own numbers, verified November 2026.
What is the annual fee for the Swiggy BLCK HDFC Bank Credit Card, and can it be waived?
The annual fee is ₹1,000 plus 18% GST, so ₹1,180 actually leaves your account. It is waived if you spend ₹2 lakh in the card anniversary year — about ₹16,667 a month.
How much do you actually earn on the Swiggy BLCK HDFC Bank Credit Card?
The base rate is 1% cashback. There are no accelerated categories — the rate is flat across eligible spends.
Which spends earn no rewards on the Swiggy BLCK HDFC Bank Credit Card?
fuel, rent payments earn zero. No cashback on: Fuel, Rent, Government-related transactions, Jewellery, Gaming, Education, EMI (all types), Wallet/Prepaid/Gift Card, Cash advances, travelers' cheques, foreign currency purchase, Smartpay, SmartBuy portal. Min transaction ₹249 for the 10% Swiggy-App category, ₹100 for 5%/1% categories. If those categories are a big share of your monthly outgo, your effective return will be well below the advertised rate.
Does the Swiggy BLCK HDFC Bank Credit Card offer airport lounge access?
No. This card carries no complimentary lounge visits. If lounge access matters to you, look at a card that states a visit count in writing.
What does the Swiggy BLCK HDFC Bank Credit Card charge on foreign currency spends?
A 3.5% markup, plus 18% GST on that markup, so about 4.13% effectively. On a ₹1 lakh foreign spend that is roughly ₹4,130.
Do reward points on the Swiggy BLCK HDFC Bank Credit Card expire?
No — points on this card do not carry a stated expiry. That does not protect you from devaluation, only from lapse.
Is there a cap on rewards from the Swiggy BLCK HDFC Bank Credit Card?
Yes. Dining, online shopping, other/offline spends share one combined cap of ₹1,000 of rewards a month. Caps reset each statement month and unused headroom does not carry forward.
What income do you need for the Swiggy BLCK HDFC Bank Credit Card?
HDFC Bank states: Salaried: Net Monthly Income > Rs.1,00,000; Self-Employed: Annual ITR > Rs.12 lakh. Banks treat this as a floor, not a guarantee — your credit score, existing card limits and internal risk scoring decide the outcome.
Is the Swiggy BLCK HDFC Bank Credit Card annual fee tax-deductible, and are reward points taxable?
For a salaried cardholder the fee is a personal expense and is not deductible. If the card is used genuinely for business or professional spends, the fee and GST can be claimed as a business expense (and the GST as input credit where the card is billed to a GST-registered entity). Reward points earned in proportion to your own spending are generally treated as a post-purchase discount, not income, so they are not taxed in your hands.
Is TCS applicable on Swiggy BLCK HDFC Bank Credit Card spends abroad?
Tax Collected at Source under the Liberalised Remittance Scheme applies at 20% above the ₹10 lakh annual threshold for remittances and forex card loads. International spends on Indian credit cards have so far been kept outside the LRS pending notification, so no TCS is deducted at the point of sale today. This has been changed and deferred more than once — confirm the current position with HDFC Bank before a large overseas spend. Any TCS actually collected is not a cost: it is creditable against your income tax liability and refundable when you file your ITR.
What happens to the Swiggy BLCK HDFC Bank Credit Card account after the cardholder's death?
A credit card is an unsecured personal liability and cannot be inherited or transferred — the card must be surrendered and closed. Inform HDFC Bank in writing with the death certificate; the outstanding balance becomes payable from the deceased's estate, and the legal heirs are liable only to the extent of the assets they inherit, not personally. Any add-on cards stop working immediately. Unredeemed reward points are normally forfeited on closure, so a family member holding a large balance should redeem while the account is active. Nomination applies to deposits and investments, not to credit cards — but if there is a fixed deposit backing a secured card, the nomination on that FD governs its release.
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