HDFC Bank 
SBI Card 
IDFC Bank 
Axis Bank 
ICICI Bank 
HSBC 
YES Bank 
AmEx
IndusInd Bank 
Freelance work, independent contracting, and simple online gig jobs are common professions these days. HDFC has introduced an exciting new credit card that rewards these types of expenses. The Giga Business Credit Card is perfect for online business spending, tax payments, business hotel and flight bookings, and much more. Available for a low annual fee of ₹500, this card is ideal for those looking to establish themselves in the industry. Whether you are a writer, developer, or any other freelance professional, this is a must-have credit card for all. Earn 6 Cash Points/₹150 spent on regular and necessary business expenses like advertising, cloud hosting, or software purchases. All other eligible spends shall earn 2 Cash Points/₹150.
Apart from earning regular and accelerated Reward Points, this card also offers special discounts on GIG partner brands like Zoho and Truelancer. These can be extremely useful as many freelancers and other associates use these tools. All self-employed individuals over the age of 21 and with an annual income of ₹4 lakh or above are eligible for this business credit card.
HDFC Giga Business Credit Card
Joining Fee
Renewal Fee
Best Suited For
Reward Type
Welcome Benefits
Movie & Dining
7.5% Savings While Paying Dining Bills Via Swiggy Dineout
Rewards Rate
6 CashPoints/₹150 Spent on Tax Payments, Business Software Spends, Bill Payments, Business Digital Spends, and More. 2 Cash Points/₹150 on All Other Eligible Spends
Reward Redemption
Redeem Against Multiple Options, Including Cash Against Statements and Various Catalogs. Maximum Value of 1 Cash Point = ₹0.30
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 Annual Spends of ₹50,000
Rewards Redemption Fee
₹99 + GST
Foreign Currency Markup
3.5%
Interest Rates
3.75% Monthly and 45% Annually
Fuel Surcharge
1% Surcharge Waived for Transactions Between ₹400 and ₹5,000
Cash Advance Charges
2.5%
- The Giga Business Credit Card is most suited for freelance professionals.
- This card comes at an affordable joining fee of ₹500.
- Earn 6 Cash Points/₹150 spent on business spends such as advertising, software purchases, and more.
- Get a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000.
- Milestone benefit of 800 Cash Points on a monthly spend of ₹50,000 or more.
Pros
The HDFC Giga Business Credit Card has a low joining fee of ₹500, making it affordable for many people.
Cons
The welcome benefit offered with this card could have been better; even Reward Points worth the joining amount would have sufficed.
Cash Points Earning With Giga Business Card
- Earn (3X) 6 Cash Points/₹150 spent on-
- Business Digital Spends (Advertising, Accounting, Software License Purchase, Cloud Hosting and More)
- Bill Payments Via SmartPay and Payzapp
- Income Tax Payments Via Government Portal
- GST Payments
- Hotels and Flight Bookings Via MMT MyBiz Powered by SmartBuy BizDeals
- Business Productivity Tools Include Azure, Credflow, Office 365, and Tally.
- Accelerated 3X Reward Points earnings are limited to 1,500 points per statement cycle and will be credited at the end of each cycle. These points, when utilized to their full potential, offer savings worth ₹5,400 on annual spending of ₹37,500.
- All PayZapp transactions will be eligible for 3X CashPoints, except for spends on clubs, housing, rent, hospital, education, donation, mutual funds, loans, credit card payments, wallet load, Fastag, municipal tax, and municipal service.
- Earn 2 Cash Points/₹150 spent on other eligible business expenses.
- No Reward Points for rent, education, wallet, EMI, and fuel.
- Maximum Reward Points that can be earned in a monthly statement cycle are capped at 15,000.
Here are some of the top categories where freelancers can earn accelerated 3X Cash Points. By using this card on the given below platforms, beginners can easily increase their savings on necessary spending.
| Categories | Top Merchants |
| Advertising | Google Ads, Facebook/Meta Ads, Amazon
Marketing Service |
| Accounting | Tally |
| Software License Purchase | Google Workspace |
| Cloud Hosting | GoDaddy, Google Clouds |
| Freelancing Platform | Freelancer.com, Fiverr, LinkedIn |
Cash Points Redemption
Cardholders can redeem their Cash Points against a wide variety of options. A minimum of 2,500 Cash Points is required for redemption. Keep in mind that these Cash Points are valid for two years.
| Redemption | Cashback Value |
| Cashback Against Statement | 1 Cash Point = ₹0.25 |
| Smartbuy | 1 Cash Point = ₹0.25 |
| Against Product Catalog | 1 Cash Point = ₹0.25 |
| Against Business Catalog | 1 Cash Point = ₹0.30 |
Welcome Benefit
After making the first transaction with the HDFC Giga Business Credit Card, cardholders are eligible for the OTT Play Premium, which provides one month of access to OTT platforms like Zee5, Lionspaly, SonyLiv, and More.
Milestone Offer
Cardholders will be eligible for the milestone benefit of 800 Reward Points if they achieve a monthly spending target of ₹50,000 using the GIGA Business credit card. This way, those with the Giga Business Credit Card can earn up to 9,600 Reward Points each year, valued at ₹2,880. Fuel and rent spend transactions will not be considered when achieving the spending target.
Offers and Discounts on Partner Brands
Discounts and offers are available on notable GIG partner brands, such as WeWork, Truelancer, LegalWiz, Zoho, and many more.
- Get a 25% discount on Zoho Books subscription.
- Get a 20% discount on LegalWiz.
- Get up to a 43% discount on all courses on Harappa by Upgrad.
- Get a 10% discount on the annual Pro account plan on Truelancer.
- Get 33% off on the monthly subscription on WeWork.
- Avail a 20% discount on certified courses and learning subscriptions on 42 Courses.
Fuel Benefit
Get a 1% fuel surcharge waiver upto ₹250 each statement cycle on fuel transactions made between ₹400 and ₹5,000. This feature is quite useful as during a crunch one can use their card for fuel spending.
Eligibility for HDFC Giga Business Credit Card
All self-employed individuals between the ages of 21 and 65 with an annual income of ₹4 lakh or above can easily apply for this credit card. This criteria is quite basic and allows a large number of freelancers, even those who are just starting out, to take advantage of the benefits of a business credit card. This includes rewards on utility bill payments such as electricity.
Which Documents Are Required for this Card?
- 12 Months Bank Statement
- Income Tax Return (ITR)
- Merchant Payment Reports and GST Returns
HDFC Giga Business Credit Card Review
The Giga Business Credit Card is quite affordable, with a joining and annual fee of ₹500. In the first year, card members will receive a monthly OTT Play Premium subscription upon making the first transaction (worth ₹250). From the second year, the annual fee can be waived by spending ₹50,000 in a year. It is also worth noting that this card offers milestone rewards on spending ₹50,000 or more each month. If this milestone is achieved throughout the year, one could have savings of upto ₹2,880.
This card is best suited for freelancers and small business associates working in innovative and creative fields. They can earn accelerated 6 Cash Points/₹150 on advertising, cloud hosting, tax payments, and bill payments via SmartPay/Payzapp. With the Giga Business Credit Card, cardholders get up to 10% cash back on travel and online shopping with SmartBuy. Although this card doesn’t provide airport lounge benefits, which is understandable given its low fee, it still offers accelerated Reward Points on hotel and flight bookings via MMT MyBiz. Those who meet the eligibility criteria and are looking for a basic business credit card should definitely apply for this rewarding and affordable card.