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The HDFC Bank BizGrow Credit Card is a great choice for small businesses and enterprises looking for a reliable and rewarding credit card. With a low joining fee of Rs. 500 plus applicable taxes, it’s an affordable option. If you spend Rs. 1 lakh in a card anniversary year, you can get the renewal fee waived. 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 big on dining expenses. If you want to learn more about the HDFC Bank BizGrow Credit Card, read on.

HDFC Bank BizGrow Credit Card
(4.5/5)

Fees

Joining Fee

Rs. 500 + GST

Renewal Fee

Rs. 500 + GST

Best Suited For

Business Expenses |

Reward Type

Reward Points |

Welcome Benefits

Gift Voucher Worth Rs. 250

Movie & Dining

Discount With Swiggy Dineout

Rewards Rate

2 Cash Points/Rs. 150 on Business Spends. 10X Cash Points on Select Categories

Reward Redemption

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

Travel

N/A

Golf

N/A

Domestic Lounge Access

N/A

International Lounge Access

N/A

Insurance Benefits

N/A

Zero Liability Protection

Cardholder Will Not Be Liable for Any Fraudulent Transaction if the Card is Reported Lost or Stolen to the Bank in a Timely Manner

Spend Based Waiver

Renewal Fee Waiver on Spends of Rs. 1 Lakh

Rewards Redemption Fee

Rs. 99

Rewards Redemption Fee

Rs. 99

Foreign Currency Markup

3.5%

Interest Rates

3.60% Monthly (43.20% Annually)

Fuel Surcharge

Fuel Surcharge Waiver Up to Rs. 250 Each Statement Cycle on Transactions Between Rs. 400 and Rs. 5,000.

Cash Advance Charges

2.5% or Rs. 500

Add-on Card Fee

Nil

  • This card comes at a joining charge of Rs. 500 plus applicable taxes.
  • This card is most suited for small businesses.
  • You can earn up to 10X Cash Points for select categories of spends.

Pros

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

Cons

  • There is no lounge access provided with this card.

HDFC Bank BizGrow Credit Card Features

Welcome Benefit

Get a gift voucher worth Rs. 250 on making one transaction within 30 days of card issuance. These vouchers can be redeemed for popular brands like Amazon and Swiggy.

Milestone Benefit

On spending Rs. 1 lakh every quarter, you shall receive 2,000 Cash Points. These Cash Points can be redeemed using multiple options like cashback and vouchers.

HDFC Bank BizGrow Credit Card Rewards

  • 2 Cash Points on every business spend of Rs. 150
  • 10X CashPoints (20 CP on Each Rs. 150 Spend) on select categories of business spends like-
    • Bill Payments via SmartPay & PayZapp
    • Income Tax/ Advance Tax Payment
    • Vendor/Supplier & GST Payment via Swifti SmartHub Vyapaar.
    • Dmart
    • ClearTax
    • Hotel & Flight Bookings on MMT MyBiz
    • Business Software Purchase via SmartBuy BizDeals – Nuclei
  • You would have to spend Rs. 10,000 each statement cycle to be able to avail of 10X Cash Points.
  • You can earn a maximum of accelerated 1,500 Cash Points each statement cycle.
  • You can earn a maximum of 15,000 Cash Points each statement cycle.

Reward Redemption

For redemption against the statement balance, you would need a minimum of 2,500 Cash Points.

Redemption Value of 1 Cash Point
Cashback (Against Statement) ₹ 0.25
Flight and Hotel Bookings on Smartbuy ₹ 0.25
Product Catalogue Via Netbanking and Smartbuy ₹ 0.25
Insta Vouchers (Amazon, Croma, Raymonds, Reliance Digital) ₹ 0.25
Business Catalogue Via Netbanking and Smartbuy ₹ 0.25

HDFC Bank BizGrow Credit Card Review

The HDFC BizGrow credit card is an excellent choice for small businesses and enterprises, thanks to its low fees, impressive rewards structure, and valuable benefits. While this card does not offer lounge access, its overall reward structure is highly attractive and makes it a must-have for local and small businesses that are willing to forego a few benefits in exchange for a low joining fee.

FAQs:

You can earn 10X Cash Points on spends made at DMart with the BizGrow Credit Card.
The BizGrow Credit Card has a joining and renewal fee of Rs. 500.
The renewal fee of Rs. 500 can be waived if you spend Rs. 1 Lakh in a card anniversary year.
All individuals who fulfill the following criteria are eligible for a BizGrow Credit Card.
  • An Indian citizen who is self-employed and aged between 21 to 65 years.
  • Annual ITR above Rs 6 Lakhs.
  • HDFC Bank BizGrow Credit Card

    HDFC Bank BizGrow Credit Card

    (4.5/5)

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