Best Business Credit Cards in India 2025: Complete Guide
Introduction
In today's competitive business landscape, having the right financial tools can significantly impact your business efficiency and bottom line. Business credit cards offer specialized benefits tailored for enterprises of various sizes, from startups to established corporations. Beyond separating personal and business expenses, these cards provide rewards specifically designed for business spending categories, milestone benefits, and exclusive perks that can translate to substantial savings.
This comprehensive guide examines five leading business credit cards in India, analyzing their rewards structures, benefits, fees, and ideal use cases to help you make an informed decision for your business needs.
HDFC Bank BizBlack Metal Edition Credit Card
Apply for HDFC Bank BizBlack Metal Edition Credit Card
Fees and Charges
- Joining Fee: ₹10,000 + GST
- Annual Renewal Fee: ₹10,000 + GST
Welcome Benefits
The HDFC Bank BizBlack Metal Edition Credit Card offers premium welcome benefits including a complimentary Club Marriott Annual Membership and a Taj Stay voucher worth ₹5,000. To activate these benefits, cardholders must spend ₹1.5 lakh within 90 days of card issuance.
Reward Structure
- Standard Rewards: 5 Reward Points per ₹150 spent on all purchases (excluding petrol, wallet, rent, education, and EMI transactions)
- Accelerated Rewards:5X Reward Points (25 RP per ₹150) on business spends including:
- Bill payments (via Payzapp/Smartbuy)
- Income tax/advance tax payments
- Business productivity tools like Tally, Office 365, and Azure
- Accelerated rewards applicable with minimum spends of ₹50,000 per statement cycle
- SmartBuy Special Rates:
- 10X rewards on hotel bookings
- 5X rewards on flights, bus, and voucher purchases
Apply for HDFC Bank BizBlack Metal Edition Credit Card
Reward Caps and Redemption
- Maximum 7,500 accelerated reward points on business spends per statement cycle
- Maximum 10,000 accelerated reward points on SmartBuy per statement cycle
- Total accelerated rewards cap: 17,500 points per statement cycle
- Maximum 150,000 reward points can be earned per statement cycle
- Reward points valid for 2years
Reward Point Value
- Cashback against statement: ₹0.30 per point
- Flight and hotel bookings on SmartBuy: ₹1 per point
- Product catalog via netbanking/SmartBuy: ₹0.50 per point
- Business catalog: ₹1 per point
- Airmiles: upto 1 Airmile per point
Milestone Benefits
For every ₹5 lakh spent, cardholders receive a SmartBuy Flight or Taj Stay voucher worth ₹5,000. You can earn up to 4 vouchers (₹20,000 value) annually on spends of ₹20 lakh in a calendar year. All retail spends except rent and fuel qualify for this benefit.
Additional Premium Benefits
- Airport Lounge Access: Unlimited free access to 1000+ airport lounges worldwide for both primary and add-on cardholders
- Golfing Privileges: 6 free golf games quarterly at 15+ Indian and 100+ global courses with 100% green fee waiver across golf courses in India
- 24/7 Golf Concierge Assistance
Summary
The HDFC Bank BizBlack Metal Edition Credit Card represents the pinnacle of business credit cards in India, designed for high-spending enterprises seeking premium travel benefits, substantial rewards on business expenses, and exclusive lifestyle perks. While the annual fee is substantial, businesses with significant spending can easily recoup this cost through the card's generous milestone benefits, high-value reward redemption options, and premium travel perks.
HDFC Bank BizPower Credit Card
Apply for HDFC Bank BizPower Credit Card
Fees and Charges
- Joining Fee: ₹2,500 + GST
- Annual Renewal Fee: ₹2,500 + GST
Welcome Benefits
New cardholders receive Amazon Prime One Year Membership and Biz Prime Six Month Membership upon making any transaction within the first 30 days of receiving the card. Benefits are delivered to the registered mobile number and email within 30 days of qualifying transaction. Redemption must be completed within 90 days to avoid expiration.
Reward Structure
- Standard Rewards: 4 Reward Points for all business spends (except petrol, wallet, rent, education, EMI)
- Accelerated Rewards:5X Reward Points (20 RP) on specific business categories:
- Utility and bill payments via SmartPay & PayZapp
- Income tax/advance tax payments
- Vendor/supplier & GST payments via Swifti & SmartHub Vyapaar
- Hotel/flight bookings on MMT MyBiz
- Business software purchase via SmartBuy
- Google Ads
- Reliance Digital
Apply for HDFC Bank BizPower Credit Card
Reward Caps and Redemption
- Maximum 5,000 accelerated reward points per statement cycle
- Maximum 60,000 reward points (base + accelerated) per statement year
- Minimum 2,500 reward points required for redemption
- Reward points valid for 2 years
Reward Point Value
- Flight & hotel bookings on SmartBuy: ₹0.50 per point
- Product catalog: ₹0.35 per point
- Business catalog: ₹0.65 per point
- Instant vouchers: ₹0.35 per point
- Statement cashback: ₹0.20 per point
Milestone Benefits
Earn vouchers worth ₹2,000 by spending ₹2.5 lakh each quarter. These vouchers can be redeemed at MakeMyTrip and Reliance Digital. The calendar quarters are defined as Jan-Mar, Apr-Jun, Jul-Sep, and Oct-Dec.
Summary
The HDFC Bank BizPower Credit Card offers excellent value for medium-sized businesses, particularly those investing in digital marketing through Google Ads platforms. With a modest annual fee of ₹2,500, the card delivers substantial rewards on business-specific spending categories and valuable welcome benefits. The card effectively provides a discount on your marketing budget when points are strategically redeemed, making it an ideal choice for businesses with moderate spending needs.
HDFC Bank BizGrow Credit Card
Apply for HDFC Bank BizGrow Credit Card
Fees and Charges
- Joining Fee: ₹500 + GST
- Annual Renewal Fee: ₹500 + GST
Welcome Benefits
New cardholders receive a gift voucher worth ₹250 upon making one transaction within 30 days of card issuance. These vouchers can be redeemed at popular brands like Amazon and Swiggy.
Reward Structure
- Standard Rewards: 2 Cash Points on every business spend of ₹150
- Accelerated Rewards:
10X Cash Points (20 CP on each ₹150 spent) on select categories:
- Bill payments via SmartPay & PayZapp
- Income tax/advance tax payments
- Vendor/supplier & GST payments via Swifti SmartHub Vyapaar
- Dmart purchases
- ClearTax services
- Hotel & flight bookings on MMT MyBiz
- Business software purchase via SmartBuy BizDeals - Nuclei
Apply for HDFC Bank BizGrow Credit Card
Reward Rules and Caps
- Minimum spend of ₹10,000 each statement cycle to avail 10X Cash Points
- Maximum 1,500 accelerated Cash Points per statement cycle
- Maximum 15,000 total Cash Points per statement cycle
- Minimum 2,500 Cash Points required for redemption
Reward Point Value
All redemption options valued at ₹0.25 per Cash Point:
- Cashback against statement
- Flight and hotel bookings on SmartBuy
- Product catalog via netbanking and SmartBuy
- Insta vouchers (Amazon, Croma, Raymonds, Reliance Digital)
- Business catalog via netbanking and SmartBuy
Milestone Benefits
Earn 2,000 Cash Points for spending ₹1 lakh every quarter. These Cash Points can be redeemed using multiple options including cashback and vouchers.
Summary
The HDFC BizGrow Credit Card offers exceptional value for small businesses and startups, with its low annual fee of ₹500 and attractive rewards structure. While it may not provide premium travel benefits like airport lounge access, it compensates with a generous rewards system tailored to essential business spending categories. This card presents an excellent entry point for businesses looking to optimize their financial operations without committing to higher annual fees.
HDFC Bank BizFirst Credit Card
Apply for HDFC Bank BizFirst Credit Card
Fees and Charges
- Joining Fee: ₹500 + GST
- Annual Renewal Fee: ₹500 + GST
Welcome Benefits
Receive an Amazon or Swiggy voucher worth ₹250 when you make your first transaction with the HDFC Bank BizFirst Credit Card.
Reward Structure
- 3% CashPoints on EMI Spends (Merchant/EasyEMI, Aggregator EMI, and Brand EMI) - Maximum 1,000 CashPoints
- 2% CashPoints on utility bills, electronics purchases, SmartPay transactions, and PayZapp usage - Maximum 500 CashPoints monthly
- 1% CashPoints on all other expenses including UPI spends - Maximum 500 CashPoints monthly
- No CashPoints earned on fuel, rent payments, education transactions, wallet/gift/prepaid card loads, or voucher purchases
Apply for HDFC Bank BizFirst Credit Card
Reward Rules and Redemption
- CashPoints valid for 2 years from date of accumulation
- Minimum 2,500 CashPoints required for redemption
- Maximum 15,000 CashPoints can be redeemed in a statement cycle
Reward Point Value
- Cashback against statement: ₹0.15 per Cash Point
- Flight and hotel bookings on SmartBuy: ₹0.15 per Cash Point
- Product catalog via netbanking and SmartBuy: ₹0.15 per Cash Point
- Business catalog via netbanking and SmartBuy: ₹0.20 per Cash Point
Milestone Benefits
Earn 2,000 CashPoints each quarter on spends of ₹75,000 or more. All retail spending is eligible except fuel and rent payments.
Summary
The HDFC Bank BizFirst Credit Card caters to businesses with regular EMI transactions and everyday expenses. With its low annual fee of ₹500, this card provides a straightforward rewards structure that benefits businesses making regular installment purchases. The tiered rewards system offers flexibility for diverse spending patterns, making it suitable for businesses that use EMI options frequently or have significant utility and electronics expenses.
Giga Business Credit Card
Apply for Giga Business Credit Card
Fees and Charges
- Joining Fee: ₹500 + GST
- Annual Renewal Fee: ₹500 + GST
Welcome Benefits
Receive OTT Play Premium (one month subscription with access to platforms like Zee5, SonyLiv, VRott, Lionsplay, etc.) upon making your first transaction within the first 37 days of card issuance.
Reward Structure
- Standard Rewards: 2 Cash Points on every ₹150 spent for business needs
- Accelerated Rewards:6 Cash Points per ₹150 spent on:
- Business digital spends (advertising, accounting, software license purchase, cloud hosting)
- Bill payments via Payzapp & SmartPay
- Income tax payments
- GST payments
- Hotel & flight booking on MMT MyBiz powered by SmartBuy BizDeals
- Business productivity tools (Tally, Office 365, AWS, Google, Credflow, Azure & more)
Apply for Giga Business Credit Card
Reward Rules and Caps
- No reward points for rent, education, wallet, EMI, and fuel transactions
- Maximum 15,000 reward points per statement cycle
- Minimum 2,500 Cash Points required for redemption
- Cash Points valid for two years
Reward Point Value
- Cashback against statement: ₹0.25 per Cash Point
- SmartBuy redemptions: ₹0.25 per Cash Point
- Product catalog redemptions: ₹0.25 per Cash Point
- Business catalog redemptions: ₹0.30 per Cash Point
Milestone Benefits
Earn bonus 800 Cash Points on monthly spend of ₹50,000.
Additional Benefits
- Dining Benefits: Up to 7.5% discount on dining bills with Swiggy-Dineout when paying via Swiggy App
- SmartBuy Benefits: Up to 10% Cash Back on travel/online shopping on SmartBuy
- Fuel Benefits: 1% fuel surcharge waiver at all fuel stations across India (minimum transaction ₹400, maximum ₹5000, cap of ₹250 cashback per statement cycle)
- Partner Brand Offers: Discounts on purchases at WeWork, LegalWiz, Harapa by Upgrad, and Truelancer
- Extended Credit Period: Up to 55 days interest-free credit period
Summary
The Giga Business Credit Card is an excellent choice for freelancers and small business associates working in creative and innovative fields. With its focus on digital spending categories like advertising and cloud hosting, this card delivers substantial value through its accelerated rewards program. The additional benefits for dining and travel enhance its appeal for entrepreneurs who frequently entertain clients or travel for business. Despite its modest annual fee of ₹500, the card offers an impressive range of benefits tailored to modern business needs.
Comparative Analysis: Which Business Credit Card is Right for You?
For Large Enterprises and High-Volume Spenders
The HDFC Bank BizBlack Metal Edition stands out as the premium choice for businesses with substantial spending. Despite its higher annual fee, the card delivers exceptional value through its premium travel benefits, high reward redemption rates (up to ₹1 per point), and exclusive lifestyle perks. If your business spends heavily on travel, GST, Advance Tax and business services, the milestone benefits alone can offset the annual fee multiple times over.
For Medium-Sized Businesses
The HDFC Bank BizPower Card offers the perfect balance between cost and benefits. With accelerated rewards on business essentials and digital marketing, this card is particularly valuable for businesses investing in online growth. The quarterly milestone benefits and Amazon Prime membership add significant value to the modest annual fee.
For Small Businesses and Startups
The HDFC Bank BizGrow Card, HDFC Bank BizFirst Card, and Giga Business Card all present excellent value with their low annual fees of ₹500. Your choice among these depends on your spending patterns:
- Choose the BizGrow Card if your business primarily spends on vendors, and business software.
- Opt for the BizFirst Card if your business frequently uses EMI options for purchases.
- Select the Giga Business Card if you're a freelancer or creative professional who spends on digital advertising, cloud services, and entertainment.
Frequently Asked Questions (FAQ)
1. Which business credit card offers the best rewards on digital marketing spends?
The HDFC Bank BizPower and Giga Business cards offer excellent accelerated rewards on digital marketing expenses. The BizPower provides 5X rewards (20 RP per ₹150) on Google Ads, while the Giga Business card offers 3X rewards (6 CP per ₹150) on all business digital spends including advertising.
2. Do these business credit cards require a GST registration?
Most business credit cards, including the ones reviewed, typically require GST registration for business verification. However, the specific requirements may vary, and some cards might have alternative verification methods for freelancers or small businesses without GST registration.
3. Can I apply for these business credit cards as a sole proprietor?
Yes, sole proprietors can apply for business credit cards. Documentation requirements typically include proof of business existence, income tax returns, and other business verification documents.
4. Which card offers the best value for travel-related expenses?
The HDFC Bank BizBlack Metal Edition offers superior travel benefits with unlimited airport lounge access worldwide and high reward redemption values for flight and hotel bookings (₹1 per point). For businesses with moderate travel needs, the BizPower card provides good value with ₹0.50 per point redemption for travel.
5. How do milestone benefits differ across these cards?
Milestone benefits vary significantly across cards:
- BizBlack: ₹5,000 voucher per ₹5 lakh spent (up to ₹20,000 annually)
- BizPower: ₹2,000 voucher per ₹2.5 lakh spent quarterly
- BizGrow: 2,000 Cash Points per ₹1 lakh spent quarterly
- BizFirst: 2,000 CashPoints per ₹75,000 spent quarterly
- Giga Business: 800 Cash Points per ₹50,000 spent monthly
6. Are there any foreign transaction fees on these business credit cards?
Most business credit cards charge a foreign transaction fee, typically ranging from 2% to 3.5% of the transaction amount. For businesses with significant international expenses, it's advisable to check the specific foreign transaction fee before applying.
7. Can I add additional cardholders to my business credit card account?
Yes, all these business credit cards allow adding supplementary cards for employees or business partners. The primary cardholder can typically set spending limits for additional cards and monitor their transactions.
8. How do reward points/cash points differ from regular credit card rewards?
Business credit card rewards are typically optimized for business-specific spending categories like vendor payments, tax payments, digital marketing, and business software. The redemption options also often include business-specific catalogs with higher redemption values.
9. Are annual fees worth it for business credit cards?
The value of annual fees depends on your business spending patterns and needs. Higher annual fee cards like the BizBlack Metal Edition offer premium benefits that can easily offset the fee for businesses with substantial spending. For smaller businesses, the lower annual fee cards like BizGrow or Giga Business may provide better value.
10. Do these cards offer EMI options for business purchases?
Yes, most of these cards offer EMI options for business purchases. The HDFC Bank BizFirst specifically rewards EMI transactions with 3% CashPoints, making it particularly attractive for businesses that frequently use EMI payment options.
Conclusion
Selecting the right business credit card requires careful consideration of your business spending patterns, cash flow needs, and the specific benefits that align with your business operations. The five cards reviewed in this guide represent different value propositions catering to businesses of varying sizes and spending habits.
For businesses ready to maximize their financial efficiency, these cards offer structured rewards programs that can translate into significant savings, valuable benefits, and enhanced cash flow management. Whether you're running a large enterprise, a growing medium-sized business, or a startup, there's a business credit card designed to meet your specific needs and help fuel your business growth.
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Disclaimer: The information provided in this article is for general informational purposes only and should not be considered financial advice. Credit card features, benefits, and fees are subject to change at the discretion of the issuing bank. Please verify all details directly with the bank before applying for any credit card. Eligibility for credit cards is subject to the bank's approval process and credit assessment.