4 New Business Credit Cards from HDFC

289°
Generous
Rajkotian

BizBlack Metal Edition Credit Card

BizPower Credit Card

BizGrow Credit Card

BizFirst Credit Card

BizBlack Metal Edition Credit Card

Earn 5X Reward Points on your select Business spends such as

1. Bill Payment via Payzapp & SmartPay

2. Income Tax/ Advance Tax payment via eportal.incometax.gov.in View steps.

3. GST & Vendor payment via Swifti.in and SmartHub Vyapar App

4. Hotel & flight booking on MMT MyBiz powered by SmartBuy BizDeals

5. Business Productivity tools like Tally, Office 365, AWS, Google, Credflow, Azure & more via SmartBuy BizDeals - Nuclei

Note: 5X Reward Points applicable on minimum spends Rs. 50,000 in statement cycle.

Earn maximum 7,500 Reward Points per statement cycle.Lounge Benefit

Explore the world in style with Unlimited Lounge access.

Unlimited Airport lounge access to 1000+ Lounges globally for primary and add-on card members
Unlimited Airport lounge access valid for only Active cardholders.


Enjoy complimentary golf games (6 per quarter) across the finest courses
in the world along with 24x7 booking assistance by calling concierge.

Welcome Benefit
Get Club Marriott Annual Membership + Taj Stay voucher worth ₹ 5000 on spends of ₹ 1.5 lakhs within first 90 days.
Avail up to 20% discounts for dining, stay & spa service with Club Marriott membership across Asia – Pacific region.

Milestone Benefit

Get SmartBuy Flight / Taj Stay Voucher worth ₹ 5000 on every ₹ 5 Lakhs spends. (On all retail spends excluding rent and petrol)
Earn vouchers worth ₹ 20,000 in calendar year (₹ 20 Lakhs spends)

Renewal Offer

​​​​​​​Renewal fee waived off if you spend Rs.7.5 Lakhs and more in the previous year​​​​​​​​​​​​​​

Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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Benevolent Benevolent
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Eligibility, features? 

Generous Generous
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HDFC Bank Biz Black Credit Card Eligibility :

A Self Employed Indian Citizen aged between 21 yrs. to 65 Yrs.

Annual ITR above Rs 21 Lakhs

(Customers can apply credit card using ITR, GST returns, Bank Statements and Merchant payment report)
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Deal Cadet Deal Cadet
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Can already core card holders apply?

Generous Generous
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They may not allow this. Still, anyone with a core card + business can try.
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The PostMighty The PostMighty
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Annual Fees for the 4 cards -
10k - waived off on spends of 7.5L/yr
2.5k - waived off on spends of 4L/yr
500 - waived off on spends of 1L/yr
500 - waived off on spends of 50k/yr

The first one is basically like Diners Club Black for Business. Its network is Diners Club.
Cannot see the network for the next two.
The network for the last one is RuPay.

It is likely that you might need to have a current account or a GST Identifier to apply for one.

Generous Generous
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Yup, premium cards portfolio targetting Business/Freelancers. Very good move IMO.
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Deal Lieutenant Deal Lieutenant
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I currently have "Business Money Back Credit Card", hmm can i upgrade to any of the variant in this new set of business credit cards?

Generous Generous
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Most probably yes, try calling customer care/check with branch.

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The PostMighty The PostMighty
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If anyone manages to apply for these cards please let me know how you did. Existing HDFC customers are always shown a common credit card application page where HDFC decides which cards to be offered to you.

Deal Lieutenant Deal Lieutenant
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As far as I know if you have self employment marked as occupation in your HDFC bank account these cards will show up in as eligible cards based on transactions , because thats how I got my "business money back card pre approved"

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Deal Lieutenant Deal Lieutenant
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Just did comparison with "Business Money Back Card" is this set of new cards worth it?

a) In BizGrow Credit Card and BizFirst Credit Card:

-> Earn 2 Cash Points on every Rs.150 spent for your business needs 

Earn 10X Cash Points on your select Business spends (Note: 10X Cash Points applicable on minimum spends Rs. 10,000 in statement cycle.)

CP value is 0.15 for BizFirst

CP value is 0.25 for BizGrow


b) In Business money back card:

-> Earn 2X Reward Points i.e. 4 Reward Points on every Rs. 150 spent online (T&C apply)


is this new set of business cards "upgrade or downgrade" when i can get 4Reward point with value 0.25/0.20 with existing "business moneyback card" already?? for paying bills less than 10k a month

and that too everywhere online 



BizFirst and BizGrow of this new 4 cards is downgrade to business money back 

Savings Mentor Savings Mentor
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Actually that info on HDFC website is wrong. Business MoneyBack gives mostly 2 Reward points for ₹150 spent in 99% cases. I had it and it was painful to get any useful Reward points.

These new cards are also FAALTU.
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The PostMighty The PostMighty
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HDFC has opened up these cards to more people now. A family member who's a CA and had a cobranded HDFC for many years was finally shown BizBlack when he checked the usual HDFC link which shows the cards the bank is offering you. He applied and it was approved within hours and the card came in 2 days. That one is still on Diners though.

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