Update

I’ve spent some time analyzing over 25 credit cards specifically for food and dining (Swiggy, Zomato, EazyDiner) to figure out which ones actually offer the best net yield after accounting for annual fees and those annoying monthly capping logic.

High cashback percentages are often a trap if you hit the cap in the first 10 days of the month. Here is the breakdown of the current top performers:

Swiggy HDFC BLCK (The High-Volume Choice)

• Best for: Heavy Swiggy, Instamart, and Dineout users.
• Benefit: 10% cashback.
• The Math: Monthly capping is a massive ₹1,500.
• Fee: ₹1,500 (Waived at ₹2L annual spend).

HSBC Live+ (The All-Rounder)

• Best for: Household spends.
• Benefit: 10% cashback on Dining, Food delivery, and Groceries.
• The Catch: Combined monthly capping of ₹1,000 across categories.

IndusInd EazyDiner Signature (The Fine-Dining Specialist)

• Best for: Eating out at premium restaurants.
• Benefit: 25% instant discount (up to ₹1,000 per meal).
• Cap Logic: ₹2,000 base cap, but jumps to ₹5,000 if you spend ₹30k on non-dining categories in the previous month.

HDFC Diners Club Privilege (The Reward Arbitrage)

• Best for: Those who prefer Miles/Transfer partners over direct cashback.
• Benefit: High monthly caps and excellent reward point value for travel.

Detailed Comparison Sheet: I’ve put together a spreadsheet covering 25+ cards with exact fee structures and capping logic to help you pick the right one based on your specific monthly spend: Link to Google Sheet

What’s your current go-to card for dining? Are you seeing any better yields with the recent devaluations?

Disclaimer: Not a referral post. Just sharing my research to help the community optimize their stacks.