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HDFC Bank BizFirst Credit Card

The HDFC Bank BizFirst Credit Card is an excellent option for business-related expenses. The joining fee for the card is ₹500, and the renewal fee is the same amount, both subject to GST. The card’s reward system is designed to cater to business-related expenses, providing 3% CashPoints on EMI spending, 2% on utility bill payments, and SmartPay/Payzapp transactions. Additionally, 1% of CashPoints are earned on other expenses, including UPI transactions. Apart from the rewards, the card offers a welcome benefit: a voucher worth ₹250 and a renewal fee waiver on spends exceeding ₹50,000.

HDFC Bank BizFirst Credit Card

( 4.3 / 5 )
HDFC Bank BizFirst Credit Card
  • Joining Fee Rs. 500 + GST
  • Annual Fee Rs. 500 + GST
  • Best Suited ForBusiness Expenses
  • Reward TypeReward Points

Rewards Rate

3% CPs on EMI Spends, 2% CPs on Utility Bill Payments and Smartpay/Payzapp and 1% CPs on Other Spends Including UPI Spends.

Welcome Benefits

Voucher Worth Rs. 250

Movie & Dining

Dining Discounts Via Swiggy Dineout

Rewards Rate

3% CPs on EMI Spends, 2% CPs on Utility Bill Payments and Smartpay/Payzapp and 1% CPs on Other Spends Including UPI Spends.

Reward Redemption

Rewards Can Be Redeemed for Vouchers, Flight/Hotel Bookings, and Cashback Against Statement

Travel

N/A

Domestic Lounge Access

N/A

International Lounge Access

N/A

Golf

N/A

Insurance Benefits

N/A

  • Spend-Based Waiver

    Renewal Fee Waiver on Spends of Rs. 50,000

    Rewards Redemption Fee

    ₹99 + GST

    Foreign Currency Markup

    3.5%

    Interest Rates

    3.75% Monthly (45% Annually)

    Fuel Surcharge Waiver

    Waiver Up to ₹250 Each Statement Cycle on Transactions Between ₹400 and ₹5,000

    Cash Advance Charges

    2.5% or Rs. 500

    • This is a card most suited for businessmen.
    • This card offers 55 days of interest-free credit.
    • One can earn a maximum of 15,000 Reward Points with this card.
    • Although there are no entertainment benefits offered, cardholders can avail special discount on dining bills via Swiggy.

    Pros

    • This card comes at a low joining fee of Rs. 500.

    Cons

    • Other than a decent reward structure, this card doesn’t offer any other benefits.

  • Welcome Benefit

    When you make your first transaction with the HDFC Bank BizFirst Credit Card, you will receive an Amazon or Swiggy voucher worth Rs. 250.

    HDFC Bank BizFirst Credit Card Rewards

    • 3% CashPoints on EMI Spends (Merchant/EasyEMI, Aggregator EMI, and Brand EMI). The maximum earning limit for Cash Points has been set at 1,000.
    • You can earn 2% CashPoints when you pay your utility bills, purchase electronics, make transactions using SmartPay, or use PayZapp. You can earn 500 Cash Points each month for this category.
    • You earn 1% CashPoints on all other expenses, including UPI spends. The maximum cap is 500 CashPoints per month.
    • No CashPoints shall be earned for Fuel, Rent Payments, Education Transactions, Wallet/ Gift /Prepaid Card loads, or voucher Purchase transactions.
    • The CashPoints earned are valid for a period of two years from the date of accumulation.

    Reward Redemption

    Redeeming Reward Points requires a minimum of 2,500 Reward Points, and a maximum of 15,000 CashPoints can be earned in a statement cycle.

    Redemption Value of 1 Cash Point
    Cashback (Against Statement) ₹ 0.15
    Flight and Hotel Bookings on Smartbuy ₹ 0.15
    Product Catalogue Via Netbanking and Smartbuy ₹ 0.15
    Business Catalogue Via Netbanking and Smartbuy ₹ 0.20

    Milestone Benefits

    Earn 2,000 CashPoints each quarter on spends of ₹75,000 or more. All retail spending is eligible for this, except fuel and rent payments.

    HDFC Bank BizFirst Credit Card Features

    Bottom Line

    The HDFC Bank BizFirst Credit Card is tailored for business-related expenses, offering rewards and benefits. Cardholders earn up to 3% CashPoints on EMI spends, 2% on utility payments and select transactions, and 1% on general expenses, excluding certain categories like fuel and rent. The card comes with a joining and renewal fee of ₹500, which is waived upon spending ₹50,000 annually.

    Key features include a ₹250 welcome voucher, milestone rewards, and a discount on dining via Swiggy Dineout. Overall, it’s a valuable option for managing business finances while earning rewards. Those who are looking for a low joining/annual fee card with an easily achievable spend-based waiver should definitely opt for this card.

    FAQs:

    The Biz First Credit Card offers 55 days of interest-free credit period.

    Cardholders can avail of ₹250 vouchers from Amazon or Swiggy on making their first transaction within 37 days of card issuance.

    No, the HDFC BizFirst Credit Card comes at a joining and annual fee of ₹500 which can be waived by spending ₹50,000 a year.

    This card does not offer complimentary insurance, but you can purchase the business insurance plan for a premium of ₹3,785.

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