vs
In short: HDFC Swiggy has the lower annual fee (₹500 vs ₹999); both charge a 3.5% forex markup.
| Key facts | SBI Cashback | HDFC Swiggy |
|---|---|---|
| Annual fee | ₹999 | ₹500 |
| Joining fee | ₹999 | ₹500 |
| Annual fee waived | On ₹2 lakh annual spend | On ₹2 lakh annual spend |
| Top reward rate | 5% Cashback on Online Spends | 10% Cashback on Swiggy Applications |
| Base rewards | 1% Cashback on Offline Spends | 1% Cashback on All Other Spends |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 8 Nov 2026. Milestones, welcome benefits and caps are in the full table below.
On ₹20,000 a month with ₹5,000 at each card's top rate, HDFC Swiggy returns about ₹3,499 more a year after annual fees (₹7,800 vs ₹4,800 in rewards).
| Spend profile | SBI Cashback | HDFC Swiggy |
|---|---|---|
| Reward value: top rate / base rate | 5% / 1% | 10% / 1% |
| ₹20,000 a month, all general spends | ₹2,400 | ₹2,400 |
| ₹20,000 a month, ₹5,000 of it at each card's top rate | ₹4,800 | ₹7,800 |
| Annual fee | ₹999 | ₹500 |
Estimates from the earn rates above, with stated cashback caps applied, before exclusions. Reward points are valued at the card's best listed redemption (often travel or vouchers via the bank's portal); cash-back on the statement is usually worth less. Annual fees may be waived on spend (see the table below).
The Sbi Card Visa Cashback Credit Card and the Swiggy Hdfc Bank Credit Card both offer cashback rewards but cater to different spending habits. SBI's card provides 5% cashback on online spends and 1% on offline spends, while HDFC's Swiggy card offers a higher 10% cashback specifically on Swiggy app spends and 1% on all other spends. Fee structures and forex charges are similar, but the Swiggy card includes a welcome benefit and golf-related perks.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
Last updated:
| Feature | Sbi Card Visa Cashback Credit Card | Swiggy Hdfc Bank Credit Card |
|---|---|---|
| Bank | SBI Cards | HDFC Bank |
| Network | Visa | MasterCard |
| Joining fee | Joining Fee of Rs.999 | Joining Fee of Rs. 500 |
| Annual / renewal fee | Renewal Fee of Rs.999 | Renewal Fee of Rs.500 |
| Annual fee waiver | Spend Rs.2 Lakhs For Waiver of Renewal Fee | Spend Rs.200000 For Renewal Fee Waiver |
| Top reward rate | Get 5% Cashback on Online Spends | 10% Cashback on Swiggy Applications |
| Base rate (other spends) | Get 1% Cashback on Offline Spends | 1% Cashback on All Other Spends |
| Fuel surcharge waiver | 1% Fuel Surcharge Waiver | — |
| Welcome benefit | — | Complimentary Swiggy One Membership |
| Foreign currency markup | 3.5% - Foreign Currency Transactions | 3.50% - Foreign Currency Transactions |
For rewards, the Swiggy Hdfc Bank Credit Card stands out with a top cashback rate of 10% on Swiggy app spends, which is double the SBI card's 5% on online spends. Both cards offer a base cashback of 1% on other spends. At Rs.20,000 monthly spend, the Swiggy card yields about Rs.7,800 annually in rewards, compared to Rs.4,800 with the SBI card, making it more rewarding especially for users who frequently order on Swiggy. However, the SBI card offers a straightforward cashback structure without category restrictions.
Both cards have a forex markup fee of 3.5%, which is standard for many credit cards. The Swiggy card includes golf benefits such as complimentary lessons and rounds, which may appeal to golf enthusiasts but are unrelated to travel perks. Lounge access benefits are not listed in our data for either card; please check with the issuer for details. Overall, neither card is travel-focused beyond basic forex fees.
The SBI card has a joining and renewal fee of Rs.999 each, with a waiver on renewal if you spend Rs.2 lakhs annually. The Swiggy Hdfc Bank Credit Card charges a lower joining and renewal fee of Rs.500 each, also waivable on Rs.2 lakhs spend. Card replacement fees are slightly lower with the Swiggy card at Rs.199 versus Rs.250 for SBI. Both cards have similar forex markup fees of 3.5%. For cost-conscious users, the Swiggy card offers a lower fee burden.
The Swiggy Hdfc Bank Credit Card offers a complimentary Swiggy One membership for 3 months, adding value for regular Swiggy users. It also provides golf-related benefits including 12 complimentary golf lessons and 4 rounds of green fees annually, which the SBI card does not list. These perks may appeal to lifestyle-focused cardholders.
Both cards waive their renewal fees if you spend Rs.2 lakhs annually. However, the Swiggy card has a lower base fee of Rs.500 compared to Rs.999 for the SBI card, potentially reducing your cost of ownership if you do not meet the waiver criteria.
Consider Sbi Card Visa Cashback Credit Card if you prefer a simple cashback structure with a consistent 5% cashback on all online spends and 1% on offline spends. It is suitable for users who want straightforward rewards without focusing on specific brands or categories and who are comfortable with a slightly higher fee for this simplicity.
Consider Swiggy Hdfc Bank Credit Card if you frequently order on Swiggy and want to maximize cashback with 10% back on Swiggy app spends. It also suits those looking for additional lifestyle benefits like complimentary Swiggy One membership and golf perks. Additionally, it has a lower joining and renewal fee, making it attractive for cost-sensitive users who want category-focused rewards.
The Sbi Card Visa Cashback Credit Card has a joining fee of Rs.999, while the Swiggy Hdfc Bank Credit Card charges Rs.500.
Lounge access benefits are not listed in our data for either card; please check with the issuer for details.
SBI card offers 5% cashback on online spends, whereas the Swiggy card offers 10% cashback on Swiggy app spends and 5% on various other online categories.
The Swiggy Hdfc Bank Credit Card includes a complimentary 3-month Swiggy One membership; the SBI card does not list any welcome benefits.
Both cards charge a forex markup fee of 3.5% on foreign currency transactions.
Yes, both cards waive the renewal fee if you spend Rs.2 lakhs annually.