Are there any lifetime free business credit cards?

Yes, there are several business credit cards that come with a zero annual fee. These cards include SBI Corporate Purchase Credit Card, BoB Corporate Credit Card, and Kotak Bank Corporate Gold Credit Card.

Can the employers control/set the credit limits of their employees?

Yes, most card issuers allow card owners/employers to set credit limits for their employees on their business credit cards.

Is HDFC Bank Regalia Credit Card same as the Regalia Business Credit Card?

No, the HDFC Regalia Credit Card is issued to an individual for his/her personal use whereas the Regalia Business Credit Card is used for business purposes.

What are some popular business Credit Cards offered by the HDFC Bank?

HDFC Bank offers several business credit cards, out of which, the following are the most popular ones:- HDFC Business Regalia Credit Card.- HDFC Business MoneyBack Credit Card.

Which are some SBI business credit cards?

Some of the popular SBI business credit cards are: SBI Corporate Signature Credit card, SBI Corporate Purchase Credit Card, and SBI Corporate Utility Credit Card.

What is the joining and annual fee of the ICICI Bank Business Advantage Black Credit Card?

The joining fee of this credit card is Rs. 1,500 and its annual fee is Rs. 1,000.

What is a Small Business Credit Card?

A small Business credit card is designed to help small businesses manage and track their expenses. These cards also provide them with great benefits on their usual business transactions.

Are Business credit card rewards taxable?

No, the rewards earned with credit cards are not taxable.

Can I get a Business credit card under my name?

Yes, you can get a business credit card under your name. But that doesn't mean that you can use the business card for your personal use.

Does business credit cards affect the personal credit score?

When you apply for a business credit card, banks generally do a pre-check on your credit history and check whether your report is favorable or not. This may sometimes lower your score but in a minimal manner.

Best Business Credit Cards in India 2024

HDFC Bank offers an extensive range of business credit cards to help businesses grow and transact effortlessly. The HDFC Bank Biz Black Credit Card is a super-premium credit card that can provide businesses with much-needed credit, as well as rewards on essential business expenses. The BizBlack Metal Credit Card is available for a joining fee of Rs. 10,000. Upon availing this card, customers would receive a welcome benefit of Club Marriott Membership and Taj Vouchers worth Rs. 5,000.

The HDFC Bank BizPower Credit Card is available for a joining fee of Rs. 2,500. It offers fantastic rewards on business expenditures and is easily accessible to small and medium enterprises. Customers can earn 5X Reward Points on selected expense categories, including tax, vendor, and business payments. Complimentary lounge access is also offered along with this card.

The IDFC First Business Credit Card is an innovative offering by the bank. You can earn accelerated Reward Points with this card while taking advantage of benefits like free lounge access. All of this at a low joining fee of Rs. 499.

The AU Bank Business Cashback RuPay credit card is exclusively for small businesses and self-employed people. The card offers benefits like 1% cashback, instant loans, complimentary railway lounge access, fire, housebreaking, and burglary insurance, etc. that help individuals streamline business requirements and manage cash flow. Also, the card comes at a low Rs. 99 monthly fees which can be waived off on spending Rs. 10,000 or more in the card statement cycle.

1% cashback on repayment of Total Amount Due on their credit card bill
Instant loan is available on the credit card
1% fuel surcharge waiver, maximum benefit of Rs. 200 per month
Up to 30% discount at partner restaurants with the Silver Spoon Dining program
8 complimentary railway lounge access, max 2 per quarter
Business insurance, fire, burglary, and housebreaking insurance, card liability cover, and air accident cover

The American Express Platinum Corporate Card is a top-notch credit card exclusively made for the corporates to enjoy the luxurious benefits and rewards in travel, dining and much more. The card comes with Taj Epicure membership to enjoy heavy discounts across dining, hotel stays, spas and much more and with Hertz gold plus membership to enjoy car rentals from anywhere in the world. The Express Platinum Corporate Card offers Amex membership rewards which the cardholder can redeem for vouchers, transfer to partners, cover charges with them and many other ways. On top that, the card provides unlimited access to over 1200 airport lounges across the globe with the American Express Global Lounge Collection, along with the platinum travel services designed exclusively for the Amex platinum cardholders. The card also provides many other services like zero liability protection and insurance covers as well. Following is the list of features of the card:
• Complimentary membership to Taj Reimagined Epicure membership.
• 1 Membership Rewards Point for every Rs. 100 spent
• 1 Membership Rewards Point for every Rs. 40 on all other spending
• Complimentary access to 1200+ lounges under American Express Global Lounge Collection.
• Hertz Gold Plus Rewards membership.
• 1% fuel surcharge waiver.

The HDFC bank Corporate Premium Credit Card is a premium card offered by the HDFC Bank for the corporates to get benefits like reward points for every business transaction. The card has no fees which makes it more popular, along with the travel benefits it offers. The card offers 5 reward points for every business transaction of just Rs. 150, making it easier to collect tons of reward points. One can redeem this reward points for air ticket bookings, hotel bookings and even for miles. The cardholder gets other benefits like fuel surcharge waiver, corporate liability waiver and much more.
The card is made to make the travel purposes of the corporates premium and covered with Insurance benefits. Following are the features of the card.
• 5 reward point for every Rs. 150 spent.
• 1% fuel Surcharge waiver.
• 20 complimentary access to domestic airport lounges.
• 6 complimentary access to international airport lounges.
• Greater savings, Reconciliation and reporting tools.

The ICICI Bank Business Advantage Black Card is a cashback rewarding card designed for businesses to save more on all business spends. The more you spend, more you earn as cashbacks. Earn cashbacks on your travel, car rentals, professional services and other expenses. The card offers complimentary domestic airport lounge access, along with the 24X7 concierge services. It also provides zero liability protection as well as the fuel surcharge waiver. Some of its additional advantages are as follows:
• 1% cashback on every eligible spend.
• 1% fuel surcharge waiver at all HPCL petrol pumps.
• 2 complimentary domestic lounge access.
• Spend based Annual and Renewal Fees Waiver.
• Personal air accident death insurance cover of up to 75 lacs and many other benefits.

IndusInd Bank has launched the Vrddhi Business Card, specifically designed to support and provide stability to businesses. This card allows businesses to easily manage their professional credit spends. Every transaction made with the Vrddhi Credit Card earns reward points. Users earn 2 Reward Points on every domestic spend of Rs. 100 and 4 Reward Points on every international spend of Rs. 100. If you frequently travel for business, this card offers an additional benefit of 3 complimentary domestic lounge accesses per quarter.

HDFC Bank UPI RuPay Biz Credit Card is a virtual credit card with which the user will not receive any physical card. The key feature of having this credit card is it has cash points as its reward type. You can earn up to 3% cash points on groceries, supermarkets & dining spending; 2% cash points on utility spending, and 1% cash points on any other spending. This business credit card comes with a credit-free period of 50 days from the day of purchase along with milestone benefits such as a spend base waiver with just a minimal amount of Rs. 25,000 in an annual year.

3% Cashpoints on groceries, Super Market, and Dining expenses
2% cash points on all the Utility spends.
1% Cashpoints on every other spend.
50 days of the interest-free period.
Renewal membership fee waiver at a minimum spend of Rs. 25,000.
Cashpoints accumulated against the expenses can be redeemed against the flight bookings, hotel bookings, the statement, etc.
1% fuel surcharge waiver.

The HDFC Bank BizGrow Credit Card is an excellent option for small businesses and enterprises seeking a dependable and rewarding credit card. With a low joining fee of Rs. 500 plus applicable taxes, it is an affordable option. With the BizGrow Credit Card, you can earn 10X Cash Points for essential business expenses. Additionally, this card offers up to 20% discounts on Swiggy Dineout, which can help you save significantly on dining expenses.

The Axis Bank Executive Corporate Credit Card is a reward point offering card with tons of points on every domestic or international business spends. Apart from that, it offers several benefits in travel, golf, fuel, dining and much more. The card offers premium services like golf rounds every year, 24/7 Concierge service and complimentary domestic as well as international lounge access. It also offers great dining benefits, travel benefits and fuel surcharge waiver also. The card offers features like:
• 4 Reward points for every Rs. 200 domestic spends.
• 8 Reward points for every Rs. 200 international spends.
• Complimentary access to domestic and international lounges.
• Airport Concierge services.
• 20% off at Restaurants across India.

SBI Signature Corporate card is an Expense/Spend analysing and managing card that helps corporates to spend smarter and save smarter. Corporates can have a spend control over the card in the form of category control or limit control. Apart from that, the card provides insurance benefits for fraud related cover and travel related cover as well. Also, complimentary access to the airport lounges is provided with the card too. Following are the features of the card:
• Spend Based control over the card.
• Complimentary access to airport lounges with Priority pass membership.
• Insurance covers for fraud and travel related covers.
• 24X7 Concierge services.

HDFC Bank Business Regalia Credit Card is a luxurious offering by the HDFC bank providing fine privileges. The card offers Reward Points on every business transaction and great cashbacks as well. Apart from this, the business regalia offers many benefits for business travel to make it luxurious with complimentary lounge access at domestic and international lounges. Insurance benefits like accidental air death, flight delay and many more are offered with the business regalia card. The card also offers spend based benefits to waive the annual fee of Rs. 2500 and great milestone benefits to get bonus reward points. You can also enjoy the benefit of 24X7 concierge services, also the fuel surcharge waiver of 1%. On top that, the card offers priority benefit with which you can avail additional lounge access for the primary as well as for the add-on cardmembers. It offers several other benefits like:
• 4 Reward Points on every transaction and 5% Cashbacks on eligible payments.
• 12 Complimentary lounge access at domestic and international level.
• 1% fuel surcharge waiver.
• 20% off on Dining transactions.
• Priority pass membership.
• Insurance covers like air accident and emergency medical expenses.

The Paytm HDFC Bank Select Business Credit Card is a Co-Branded Credit card in partnership with Paytm. The card offers wide range of cashbacks on every business transaction done on Paytm. The card has been exclusively designed for the businesses, where most of the payments are done through the Paytm App. Cardholders can enjoy tons of cashbacks with the Paytm HDFC Bank Select Business Credit Card for every other transaction on the Paytm. Along with that, the card offers complimentary airport lounge access to make business travels luxurious.
The card also covers insurance benefits like personal death cover and permanent disability covers as well, along with the Zero Liability protection on the card. Also, the Paytm First Membership is offered as a welcome gift with the card, along with several travel benefits and much more like:
• 5% Cashbacks in Paytm mall
• 3% Cashbacks on travel and monthly bill payments through Paytm and 1% cashback on other spends.
• 12 Complimentary Domestic Lounge access.
• 1% Fuel surcharge waiver.

The American Express Corporate card is reward-based card which provides reward points benefit and other benefits like cost/expense management tools beneficial for the corporates as well as for the employees. The card comes with complimentary lounge access at international lounges, also provides discounted access to domestic lounges. With @Work manage expenses efficiently along with effective strategies and much more. The card also offers Zero Liability protection to the cardholders and many insurance benefits. Following are the features of the card:
• 1 Membership Rewards Point for every Rs. 100 spent on Fuel, Telecom, Utilities and Insurance.
• 1 Membership Rewards Point for every Rs. 50 on all other spending.
• Business Travel Accident Insurance and Travel Inconvenience Insurance
• 2 complimentary lounge access in 12-month period with Priority Pass Programme.
• Discounted access across domestic airport lounges.

Elevate your business to new heights with the Saarthi Business Credit Card from IndusInd Bank. This card not only provides benefits to your business, but also secures it with complimentary fire, theft, and burglary insurance. Keeping personal and business finances separated is essential, and with this dedicated business credit card, you can easily track your expenses and simplify your bookkeeping. And that’s not all! You can earn great rewards on every transaction made using this card.

The YES FIRST Business Credit Card is reward point offering credit card designed for the businesses to get more out of their business transaction. The card offers many great benefits and fine privileges like complimentary domestic as well as international lounge access, as well as golf lessons every month. Apart from that, the card offers great reward points which can be redeemed for tons of options. The most stupendous part of the card is that, the foreign markup fees on the card is just 1.75%, which is must lower businesses cards that charges around 3.5% on the transaction amount. There are many other benefits with the card like:
• 8 Reward Points for every Rs. 200 on all categories
• 4 Reward Points for every Rs. 200 on Select categories
• Foreign currency markup fee of 1.75%.
• Complimentary Domestic and International Lounge access.
• Great Milestone and spend based waiver benefits.

The HDFC Bank Corporate Platinum Credit Card is a reward-based card, the more you spend, more reward points it offers. The card provides reward points for every business transaction. Redeem the reward points earned for miles against international as well as the domestic airlines, hotels and many other catalogue options. The card provides other benefits like fuel surcharge waiver and an advanced reconciliation process. Also, the card offers complimentary airport lounge access and insurance protection of up to Rs. 1 crore. Following are some of the features of the card:
• 3 reward points for every Rs. 150 spent.
• 8 domestic lounge access.
• 1% fuel surcharge waiver.
• Corporate liability waiver insurance.

The HDFC Business Moneyback Credit Card offered by the HDFC bank is very beneficial to earn great reward points on every business transaction. As the name suggests, the card offers the cardholders the opportunity to get reward points in return of the transactions performed. The card offers tons of points for every spend on online purchase, fuel and offers cashbacks on telecom, utility payments, tax payments and much more as well. The cardholder can redeem accumulated Reward Points for Cashbacks, for gifts, reward catalogue and even for airmiles. The card also offers great dining benefits like 20% off on dining bills through DineoutPAY, fuel surcharge waiver, great milestone benefits and spend based waiver opportunities.
Some of the key features of the Business Moneyback credit card are as follows:
• 4 Reward Points on Rs. 150 spent online
• 2 Reward Points on Rs. 150 spent on all other transactions.
• 5X Reward Points on Fuel transactions.
• 1% fuel surcharge waiver

HDFC Purchase Credit Card has been designed to help corporates to streamline the purchase process and to increase the efficiency as well. The cards help to keep a better control over the business expenses. HDFC Purchase Credit Card helps the corporates in managing all the direct expenses of the company which can be centrally accounted. The features of the purchase card are:
• Better control on expenses.
• Control over the transactions and vendor categories.
• Fuel Surcharge of 1% to 2.5%.

The Paytm HDFC Bank Business Credit Card is Co-branded card similar to The Paytm HDFC Bank Select Business Credit Card but with lower fees. The Card offers great cashbacks on every spend made on the Paytm App. The card also provides complimentary Paytm first membership for better rewards and offers. Also, the cash advance fees are revered for the 1 withdrawal in a calendar month. With Paytm HDFC Bank Business Credit Card you enjoy great milestone benefits additional gift vouchers and also the benefit of waiving the Joining as well as the renewal fees. The card also comes with Zero liability protection which covers any fraudulent activity done on the card once you report the same to the bank. Following are the features of the Paytm business card:
• 3% Cashbacks in Paytm mall
• 3% Cashbacks on monthly bill payments through Paytm and 1% cashback on other spends.
• 1% Fuel surcharge waiver.
• Gift Voucher worth Rs. 250 as an activation benefit.
• Spend based Fees waiver and great Milestone benefits.

The American Express Purchasing Solutions card by the American Express is one of the best cards in the corporate category designed to make purchase transactions simplified and streamlined. The card reduces the dependence on the paperwork and thereby, making the purchase process faster and convenient both for the supplier and the departments involved in the process, like purchase, account payable and others. With the Amex Purchase card, corporate can have a better control over the transactions done by the employees. It imparts the ability to set the daily or monthly limit which can be accessed. Following are the features of the card:
• Streamlined Procure-to-pay process.
• Better control over the card.
• Efficient expense management with @Work.
• Zero Liability protection in case the card is lost.

The American Express Corporate Meeting Card is a very basic card designed specifically for the better management of business meetings, conference meetings, association meeting and other corporate event’s expenses. The card helps to track each and every transaction along with greater visibility. Following are the features of the card:
• Renewal Fees of Rs. 2,100
• Better control over the Meeting Expenses.
• Zero Liability protection in case the card is lost.
• Lesser dependence on paperwork

YES PROSPERITY Business Credit card is a reward point earning card that offers tons of points on every business spend and on milestone spends. The foreign currency markup for the YES Prosperity Business Credit Card is 2.5%, therefore you will have an advantage in doing foreign transactions. Also, on top of it, the card offers complimentary airport lounge access for both international as well as domestic lounges. You may enjoy other privileges such as a complimentary golf lesson every month and insurance benefits. The card also provides spend based waiver as well. Following are the features of the card:
• Foreign currency markup fee of 2.50%.
• 4 Reward Points for every Rs. 200 on all categories.
• 2 Reward Points for every Rs. 200 on Select categories.
• 3 complimentary international Lounge access at airports outside India
• 1 complimentary Domestic Lounge access per quarter.

The SBI Corporate Purchase Credit Card is a lifetime free credit card offered by the SBI Bank for corporates. The card aids corporates to have better control over their expenses and also to manage the same efficiently. It offers many tools like Spend Category Control, Spend Analysis, and Smarter Expense Management. Following are the features of the card:
• Lifetime free credit card
• Smarter Expense Management.
• Spend analysis for controlling expenses better with Visa Intellilink

The SBI Corporate Utility Credit Card is a very basic card offered for corporates to help them to pay their utility bills effectively. The card provides the corporates the ability to pay bills in a very simple and quick manner. The card offers customized MIS & Analytics capability and Multi-layer Spend controls. Also, a complimentary Fidelity Guarantee Insurance cover is also provided with the card. Following are the features of the card:
• Pay utility bills in a simple, fast and secure way,
• multi-layer Spend controls.
• Customized MIS & Analytics capability

The Axis Bank MY Business Credit Card is a reward-based card offered for businesses to earn more out of the usual business transactions. You also get complimentary airport lounge access and a fuel surcharge waiver. Also, the card offers an Easy EMI option to convert every transaction into EMI. Following are the features of the card:
• 4 Reward Points for every Rs. 200 spent.
• Double reward points in your birthday month.
• Complimentary Airport Lounges within India.
• 1% Fuel Surcharge Waiver on all fuel transactions.

Bank of Baroda CORPORATE Credit Card is a lifetime free card, which means that there are no Joining or Renewal Charges levied on the card. The card is very beneficial for both corporates and employees. The card provides reward points on every transaction and offers complimentary airport lounge access. Following are the features of the card:
• 1 Reward Point for every Rs. 100 spent.
• 8 complimentary airport lounge access annually.
• Insurance protection for air accident death and non-air accident.

IndusInd Bank Contactless Corporate Credit Card offers a new way of handling the financials and monitoring and controlling employee expenses. The card is very basic as it does not offer any reward point or cashback on the transaction. However, it does offer complimentary domestic lounge access. Following are the features of the card:
• 2 complimentary lounge visits per quarter with the Visa Lounge program
• Insurance covers for the employees.
• 1% Fuel surcharge waiver.

HDFC Purchase Premium Credit Card is one of the Corporate Credit Cards issued by HDFC. With HDFC Bank Purchase Premium Credit Card you can earn 5% cashback (up to Rs. 1500 per statement cycle on a minimum monthly spend of Rs. 50,000). 4 reward points for every Rs. 150 spent and much more. There are many other added benefits such as up to 50 days of credit period on the Purchase Premium Credit Card.

5% cashback on your monthly spending
4 reward points for every Rs. 150 spent
Reward redemption rate is 1 RP = 0.20 paisa
2.5% forex markup fee
1% fuel surcharge waiver of up to Rs. 500
50 days of credit period on the card

Best Business Credit Cards in India 2024

List of Best Business Credit Cards in India

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