HDFC Giga Business Credit Card

Cash Points Earning With Giga Business Card

• Earn (3X) 6 Cash Points/₹200 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 an 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/₹200 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 platforms given below, beginners can easily increase their savings on necessary spending.

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.

Welcome Benefit

After making the first transaction with the HDFC Giga Business Credit Card, cardholders are eligible for a gift voucher worth ₹250, which shall be redeemable with brands such as Swiggy, Amazon, 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 a 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 at WeWork.
• Avail a 20% discount on certified courses and learning subscriptions on 42 Courses.

Fuel Benefit

Get a 1% fuel surcharge waiver up to ₹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 gift voucher 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 up to ₹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/₹200 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.