HDFC Bank Biz First Credit Card
Rewards & Benefits
Welcome Benefits
Welcome benefit:A gift voucher worth INR 250 on making one transaction within the first 37 days of card issuance. The gift voucher is redeemable on top brands like Amazon, Swiggy & more.
Milestone Benefits
Milestone Benefit:Users will earn 2000 cash points every quarter on quarterly spending of Rs 75,000 & above ( All retail spending excluding rent and petrol).
Cashback Rate
3% cash points on EMI Spends, maximum 1,000 cash points/calendar month.
1 cash point = INR 0.15
EMI Cashback Rate: 0.45%.
2% cash points on utility bills, electronics, smartpay & payzapp transactions, a maximum of 500 cash points/calendar month.
Electronic And Transaction Cashback Rate: 0.3%.
1% cash points on all other spends including UPI spends, including GST payment, income tax, advance tax, maximum 500 cash points/calendar month.
General Cashback Rate: 0.15%.
A minimum of 2500 cash points is needed to redeem cash points against the statement balance. A maximum of 15,000 cash points can be earned in a statement cycle.
Get business insurance package at discounted annual premium of INR 3,785.
Movie Benefits
None.
Dining Benefits
Cardholders will get up to 20% savings on all restaurant bill payments with Swiggy Dineout on paying via the Swiggy App.
Other Benefits
Users can maximize business savings by using credit card for (a) making GST payments. (b) Paying Income Tax/ Advance Tax and getting 0.15% cashback on that.
Upto 40% off on (a) business travel when purchasing ticket through HDFC's Smart Buy / Business category and (b) business software purchase through HDFC's Smart Buy / Business category.
4% off on flights and hotels on using the card with MMT MyBiz app/website.
Discount on purchase of software subscriptions such google workspace, AWS, Tally, etc, through Nuclei app/website.
Dining Benefits: Users will get up to 20% savings on all restaurant bill payments with Swiggy Dineout on paying via the Swiggy App.
Users can avail business insurance package starting at an annual premium of Rs.3,785.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome benefit:A gift voucher worth INR 250 on making one transaction within the first 37 days of card issuance. The gift voucher is redeemable on top brands like Amazon, Swiggy & more.
Milestone Benefits
Milestone Benefit:Users will earn 2000 cash points every quarter on quarterly spending of Rs 75,000 & above ( All retail spending excluding rent and petrol).
Cashback Rate
3% cash points on EMI Spends, maximum 1,000 cash points/calendar month.
1 cash point = INR 0.15
EMI Cashback Rate: 0.45%.
2% cash points on utility bills, electronics, smartpay & payzapp transactions, a maximum of 500 cash points/calendar month.
Electronic And Transaction Cashback Rate: 0.3%.
1% cash points on all other spends including UPI spends, including GST payment, income tax, advance tax, maximum 500 cash points/calendar month.
General Cashback Rate: 0.15%.
A minimum of 2500 cash points is needed to redeem cash points against the statement balance. A maximum of 15,000 cash points can be earned in a statement cycle.
Get business insurance package at discounted annual premium of INR 3,785.
Movie Benefits
None.
Dining Benefits
Cardholders will get up to 20% savings on all restaurant bill payments with Swiggy Dineout on paying via the Swiggy App.
Other Benefits
Users can maximize business savings by using credit card for (a) making GST payments. (b) Paying Income Tax/ Advance Tax and getting 0.15% cashback on that.
Upto 40% off on (a) business travel when purchasing ticket through HDFC's Smart Buy / Business category and (b) business software purchase through HDFC's Smart Buy / Business category.
4% off on flights and hotels on using the card with MMT MyBiz app/website.
Discount on purchase of software subscriptions such google workspace, AWS, Tally, etc, through Nuclei app/website.
Dining Benefits: Users will get up to 20% savings on all restaurant bill payments with Swiggy Dineout on paying via the Swiggy App.
Users can avail business insurance package starting at an annual premium of Rs.3,785.
Lounge Access
None.
Fees & Charges
Joining Fee
INR 500/- plus taxes.
Annual Fee
INR 500/- plus taxes.
Cash Advance Fee
Cash advance fee:2.5% or INR 500 whichever is higher.
Interest rate
Interest rate: 3.75% monthly, 45.0% annually.
Late Payment Fee
Late payment charges:INR 100 to 1300.
Foreign Currency Transactions Fee
Foreign currency markup: 3.50%.
Other Fees
Fuel surcharge:1% subject to a minimum transaction of INR 400 and a maximum transaction of INR 5000. | Reward redemption fee: INR 99 per redemption request.
Fees & Charges
Joining Fee
INR 500/- plus taxes.
Annual Fee
INR 500/- plus taxes.
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest rate: 3.75% monthly, 45.0% annually.
Late Payment Fee
Late payment charges:INR 100 to 1300.
Foreign Currency Transactions Fee
Foreign currency markup: 3.50%.
Other Fees
Fuel surcharge:1% subject to a minimum transaction of INR 400 and a maximum transaction of INR 5000. | Reward redemption fee: INR 99 per redemption request.
Special Features
Fuel surcharge waiver.
Dining benefits.
Business insurance package
Eligibility Criteria
The applicant must be a self-employed Indian citizen.
The applicant must be aged between 21 yrs. to 65 Yrs.
Annual ITR above Rs 6 Lakhs.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online Application:
Visit the HDFC Bank website: Go to https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-first
Click on the "Apply Now" button.
Fill in the required personal and business details.
Upload the necessary documents (ITR, GST returns, bank statements, etc.).
Submit the application.
Through HDFC Bank Branch:
Visit your nearest HDFC Bank branch.
Request an application form for the Biz First Credit Card.
Fill in the required details and submit it along with the necessary documents.
Contact Details
Toll-Free: 1800 202 6161\ 1860 267 6161
Email: customerservices.cards@hdfcbank.com
Account Opening and Procedure
The card offers a low cashback rate. The card offers a number of benefits like milestone benefits, dining benefits, business insurance. Overall the card is suitable for individuals looking for a basic credit card.
The card offers a low cashback rate. The card offers a number of benefits like milestone benefits, dining benefits, business insurance. Overall the card is suitable for individuals looking for a basic credit card.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai