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Credit cards are primarily associated with lavish personal use, but that’s not true. In recent times, many popular card issuers and banks have launched business credit cards. These credit cards are specially made for small and medium corporations. They not only offer a line of credit to businesses but also offer them Reward Points for their spends. IDFC First Bank also offers a similar rewarding business credit card called the IDFC First Bank Business Credit Card. With this business credit card, customers can earn up to 10X Reward Points on business spends and also 2X Reward Points on restaurant, rental, and utility spends.

The IDFC First Business Credit Card provides reward points, discounts, and offers on business spends like productivity tools, utilities, and ads, along with complimentary airport lounge access, allowing business people to relax quickly while traveling. Extra benefits like this make this credit card more rewarding as well as appealing. Keep on reading to learn more about this business credit card offering by IDFC FIRST Bank.

IDFC FIRST Bank Business Credit Card

Joining Fee

Rs. 499 + GST

Renewal Fee

Rs. 999 + GST

Best Suited For

Business Expenses |

Reward Type

Reward Points |

Welcome Benefits


Movie & Dining

Accelerated Reward Points on Dining

Rewards Rate

10X RPs on Business and 2X RPs on Restaurant Spends

Reward Redemption

1 Reward Point = ₹0.25



Domestic Lounge Access

2 Each Quarter

International Lounge Access




Insurance Benefits

Personal and Travel Insurance up to ₹10 Lakh

Spend-Based Waiver


Rewards Redemption Fee


Rewards Redemption Fee


Foreign Currency Markup


Interest Rates

Starting at 1.5% Per Month

Fuel Surcharge

Waiver up to ₹500 Each Statement Cycle

Cash Advance Charges


  • 10X RPs on business spends.
  • 2X RPs on restaurant spends.
  • Free domestic airport lounge access.
  • Fuel surcharge waiver up to ₹500.
  • Discounts and offers on ad spends.


  • This card is helpful for small and medium businesses.
  • Reward Points are valid for a lifetime.


  • Although the joining fee is quite reasonable (₹499), the annual charges from the second year onwards are high at ₹999.

Earn Accelerated Reward Points

The IDFC First Business Credit Cards offer lucrative rewards for business and productivity spends.

  • 10X Reward Points on Forex/International transactions.
  • 4X Rewards on business utility and digital advertising.
  • 2X Reward Points on restaurants/dining, rentals and utility.

Reward Point Redemption

  • 1X = 1 Reward point per ₹100 spent.
  • The value of 1 Reward point = ₹0.25.
  • There is no expiry for these reward points.

Milestone Benefits

Earn extra reward points on achieving the stipulated milestone spends. Spends on rental and property management shall not be considered for these annual benefits.

Annual Spends Additional Reward Points
₹10 Lakh 5,000 RPs
Additional ₹10 Lakh Additional 10,000 RPs

Low Forex Charges

This card offers a low forex charge of 1.99% even though the industry rate is above 3%. This, along with accelerated reward points on international spends would highly reward your transactions made abroad or with international merchants.

Free Airport Lounge Access

Enjoy two complimentary airport lounge access (both domestic and international lounges are available) with this credit card across popular airports within India. While traveling, customers can relax, enjoy meals, and take care of business with this free lounge facility. You would need to spend ₹20,000 in a month to be eligible for complimentary airport lounge access in the following month.

Insurance Benefits

This card also includes insurance benefits.

  • Free Road Side Assistance (RSA) worth ₹1499
  • Personal and travel insurance cover of up to 10 lakh.

Bottom Line

IDFC First Bank has established its name by offering some of the best premium and entry-level offerings like IDFC Wealth and WoW Credit Card. Now, it has also launched an exciting business credit card, which would allow corporations and businesses to save on their expenditures. Customers can easily earn up to 4X Reward Points on their business spends while enjoying premium benefits like free airport lounge access offered with this. All of these benefits can be availed at a low joining fee of ₹499.

Manage your business expenses efficiently and quickly with the IDFC First Bank Business Credit Card. Apply Now with Card Insider.


You would get 48 days of interest-free period with the IDFC First Business Credit Card.
No, you do not need any minimum reward points for redemption.
There are zero reward redemption charges with the IDFC First Business Credit Card. You can asily redeem your Reward Points without having to pay extra.

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IDFC FIRST Bank Business Credit Card

IDFC FIRST Bank Business Credit Card


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