myBiz ICICI Bank Business Credit Card
- Updated On: 1 April, 2026
ICICI Bank has launched two business credit cards: the myBiz Business+ Credit Card and the myBiz Business Credit Card. The myBiz Business+ Credit Card is a premium option with a higher joining fee but offers quite beneficial rewards. The myBiz Business Credit Card is more affordable, with a joining fee of ₹500 plus taxes. Specially focused on business-related expenses, this card is quite beneficial, with the most impressive feature of no renewal fee from the second year onwards.
The myBiz ICICI Bank Business Credit Card is made for small and medium businesses that want to manage their spending while earning rewards. Cardholders can earn myBiz cash on different purchases, which helps them save on travel and accommodation costs. Rewards come from booking flights and hotels as well as everyday business expenses. Every purchase gives users points that they can use for future benefits. The card also offers special welcome benefits, milestone rewards, and access to airport lounges, making travel better for businessmen.
Continue reading to learn about the features and benefits of the myBiz ICICI Bank Business Credit Card. Whether you travel often or want to manage your business expenses better, this article will help you clear all your doubts.
myBiz ICICI Bank Business Credit Card
( 4.3 / 5 )
- Joining Fee
- Annual Fee
- Best Suited For
- Reward Type
Rewards Rate
1 myBiz cash for every ₹200 domestic spends; 1.25 myBiz cash for every ₹200 international spends; 2 myBiz cash for every ₹200 spent on flight bookings; 3 myBiz cash for every ₹200 spent on hotel bookings
Welcome Benefits
Bonus 500 myBiz cash
Rewards and Benefits
Movie & Dining
N/A
Rewards Rate
1 myBiz cash for every ₹200 domestic spends; 1.25 myBiz cash for every ₹200 international spends; 2 myBiz cash for every ₹200 spent on flight bookings; 3 myBiz cash for every ₹200 spent on hotel bookings
Reward Redemption
Earn Rewards as myBiz Cash, which Can be Redeemed at MMT myBiz
Travel
N/A
Domestic Lounge Access
1 complimentary lounge access every quarter
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
N/A
Fees & Charges
Spend-Based Waiver
N/A
Rewards Redemption Fee
₹99
Foreign Currency Markup
3.50%
Interest Rates
3.67% monthly (44% annually)
Fuel Surcharge Waiver
1% surcharge waiver across all petrol pumps
Cash Advance Charges
2.5% or a Minimum of ₹300
Product Details
- There is no renewal fee after the first year.
- New cardholders receive a bonus of 500 myBiz cash when they join.
- Cardholders can access domestic airport lounges once every quarter.
- Earned myBiz cash can be redeemed for future travel and accommodation expenses.
Pros/Cons
Pros
- New cardholders receive 500 myBiz cash upon joining.
- Concierge services are provided 24/7.
Cons
- The card does not provide offers or cash back for dining, entertainment, or movie-related expenses.
- To enjoy lounge access in the next quarter, cardholders must spend a minimum of ₹35,000 in the current quarter.
Welcome Benefits
The myBiz ICICI Bank Business Credit Card offers an exciting welcome benefit to new cardholders. Upon joining, you’ll receive a bonus of 500 myBiz cash, which can be used for future rewards. For your first five transactions on domestic or international flight bookings, you can enjoy a great amount of discounts, provided the minimum booking value is ₹10,000. When booking hotels, you can also benefit from discounts on your first five transactions, with specific minimum booking amounts that apply. These welcome benefits make it easier and more rewarding for businesses to manage travel and accommodation expenses.
Reward Rate
With the myBiz ICICI Bank Business Credit Card, users will earn myBiz cash on every purchase.
- 1 myBiz cash for every ₹200 spent locally.
- 1.25 myBiz cash for every ₹200 spent internationally.
- 2 myBiz cash for every ₹200 spent on flight bookings.
- 3 myBiz cash for every ₹200 spent on hotel bookings.
Reward Redemption
- You can earn rewards in the form of myBiz Cash, which can be redeemed at MMT myBiz.
- The value of 1 myBiz Cash = ₹1
Milestone Benefits
The myBiz ICICI Bank Business Credit Card also provides milestone benefits to its cardholders. Under the milestone benefits, users earn 1,000 myBiz cash on spending ₹1 lakh and earn 2,000 myBiz cash on spending ₹5 lakhs annually on the myBiz platform. The value of 1 myBiz cash = ₹1 and can only be used on the myBiz app or website.
Airport Lounge Access
People who have the myBiz ICICI Bank Business Credit Card have access to the domestic airport lounge once every quarter. To gain access to the airport lounges in the next quarter, cardholders need to spend a minimum of ₹35,000 in the current quarter.
Concierge Services
i-Assist is a 24/7 concierge service that helps you with a number of tasks, like booking travel and hotels, arranging car rentals, and delivering movie tickets right to your home. This service allows you to relax while they handle your needs. If you want to get in touch with the i-Assist team, you can contact them at 1800 26 70731 for toll-free support (MTNL/BSNL) or at 022 6787 2016 with standard call charges.
MakeMyTrip myBiz Privileges
- Users will get the privilege of no booking fee for domestic and international hotels.
- There is no rescheduling fee on domestic flights on special fares.
- On special fares, users will also receive free meals on domestic flights.
- Best-curated hotels with the best rates are also provided.
- Mobile-based approval workflow for corporate travel policy management.
- Enjoy discounted booking fees on both one-way and round-trip flights.
- Lower fees for canceling domestic flights.
myBiz ICICI Bank Business Credit Card Review
The myBiz ICICI Bank Business Credit Card is a great option for people who want to manage the expenses related to their businesses. With a low joining fee and no renewal charges after the first year, this card is a top choice for small enterprises. Cardholders can earn myBiz cash on various transactions, helping them save on future travel and accommodation costs. Other than focusing on business expenses, this card also offers welcome benefits, milestone rewards, airport lounge access, and concierge services for a better experience.
FAQs:
Is there a renewal fee with the myBiz ICICI Bank Business Credit Card?
No, after the joining fee of ₹500 plus taxes, there is no renewal fee after the first year.
What happens if I don’t meet the spending requirement for lounge access?
If you don’t spend a minimum of ₹35,000 in the current quarter, you won’t get lounge access for the next quarter.
How can I apply for the myBiz ICICI Bank Business Credit Card?
You can apply for the myBiz Business Credit Card online via the ICICI Bank website or visit a branch.
1 comment
Bhavya
The myBiz ICICI card mentions special deals for business expenses. Has anyone been able to get significant savings or discounts on things like electronics or office supplies?