Hdfc launch 4 new business credit card

[CMG]

1. Biz Black Metal Edition Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-black)
   • 5 Reward Points for every ₹ 150 spent (1 RP is equal to upto ₹1)
   • 5X Reward Points on Bill Payments via PayZapp/SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals
   • Unlimited Airport Lounge Access
   • Complimentary Annual membership of Club Marriott & Taj Stay Voucher worth ₹ 5000 on spends of ₹1.5 lakh within first 90 days as Welcome Benefit
   • Flight tickets / Taj Hotels Stay Voucher worth up to Rs.5,000 on every ₹ 5 Lakhs & above spends, Earn voucher worth ₹ 20,000 in calendar year as Milestone Benefit
   • Joining/Renewal Membership Fee – Rs. 10,000/- plus Applicable Taxes
2. Biz Power Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-power)
   • 5X Reward Points on Bill Payments via PayZapp/SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals, Google Ads, Cleartax, Reliance Digital
   • Up to 16 domestic & 6 International Airport Lounge Access in a year
   • Complimentary Amazon Prime Annual Membership + BizPrime 6 months Subscription on completing 1 online transaction within 30 days as Welcome Benefit
   • MakeMyTrip / Reliance Digital Gift Voucher worth up to Rs.2,500 on per quarterly spends of Rs. 2.5 Lakhs as Milestone Benefit
   • 4 Reward Points for every ₹ 150 spent (1 Reward Point = Upto 0.50 paise)
   • Joining/Renewal Membership Fee – Rs. 2500/- plus Applicable Taxes
3. Biz Grow Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-grow)
   • 10X Cashpoints on Bill Payments via PayZapp / SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals, Cleartax, DMart
   • Get 2000 Bonus Cashpoints on quarterly spends of ₹ 1 Lakh as Milestone Benefit. Earn up to 8,000 Cashpoints in a calendar year.
   • 1% Fuel surcharge waiver
   • 2 Cashpoints for every ₹ 150 spent
   • Joining/Renewal Membership Fee – Rs. 500/- plus Applicable Taxes
4. Biz First Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-first)
   • 3% Cashpoints on EMI spends (Earn Maximum 1,000 Cashpoints/ month)
   • 2% Cashpoints on Utility Bills, Electronics, SmartPay & PayZapp transactions (Earn Maximum 500 Cashpoints/ month)
   • 1% Cashpoints on UPI and other spends (Earn Maximum 500 Cashpoints/ month)
   • Get 2000 Bonus Cashpoints on quarterly spends of ₹ 75,000 as Milestone Benefit. Earn up to 8,000 Cashpoints in a calendar year.
   • 1% Fuel surcharge waiver
   • Joining/Renewal Membership Fee – Rs. 500/- plus Applicable Taxes
5. HDFC Bank UPI RuPay Biz Credit Card (https://www.hdfcbank.com/personal/p...dit-cards/hdfc-bank-upi-rupay-biz-credit-card)
   • 3% Cashpoints on Groceries, SuperMarket & Dining spends & all PayZapp transactions. (Maximum of 500 Points can be earned in a calendar month)
   • 2% Cashpoints on Utility spends (Maximum of 500 Points can be earned in a calendar month)
   • 1% Cashpoints on other spends (Excluding Rent, Wallet loads, EMI, Fuel & Education categories) (Maximum of 500 Points can be earned in a calendar month)
   • Joining/ Renewal Membership Fee - ₹99/- + Applicable Taxes (Festive Season Offer!!!)

 

[bhavik886151]

HDFC LAUNCH 4 NEW BUSINESS CREDIT CARD

BIZ BLACK
BIZ POWER
BIZ GROW
BIZ FIRST
WITH
GOOD REWARD RATES

 

[sid16]

Wow, Biz Black seems to be GOLD! Quick question, suppose if I make GST payment of around Rs. 1 lakh in a month. Will I get only 7500 reward points? Or will I get 7500 reward points based on 5X and then as per standard 5 points / Rs. 150?

 

[sid16]

@TechnoFino please update us regarding this credit card, really excited!

 

[drmsiva]

Can self employed professionals get a business credit card from HDFC?

Thanks.

 

[silly_putty]

>Annual ITR above Rs 21 Lakhs
(Customers can apply credit card using ITR, GST returns, Bank Statements and Merchant payment report)

The metal card sounds good and application process too looks achievable via gst returns, but how did you reach to 16 % returns?

 

[CMG]

>Annual ITR above Rs 21 Lakhs
(Customers can apply credit card using ITR, GST returns, Bank Statements and Merchant payment report)

The metal card sounds too good and application process too looks achievable via gst returns, but how did you reach to 16 % returns?

5X Reward Points on Bill Payments via PayZapp/SmartPay, Income Tax

 

[vaibhav111]

Can self employed professionals get a business credit card from HDFC?

Thanks.

yes you can apply and you're a self-employed professional so it carter toward self-employed and businessmen.

 

[cybertron]

However, if we use Credit Card for Income tax payments, we have to pay around 1% additional as a processing fee for payment gateways. This makes using CC less viable.

 

[vaibhav111]

HDFC LAUNCH 4 NEW BUSINESS CREDIT CARD

BIZ BLACK
BIZ POWER
BIZ GROW
BIZ FIRST
WITH
GOOD REWARD RATES

edited the thread title from all cap to sentence case

 

[sourpai]

Seems like a really good card (Biz black). But points are capped at 7500 per month and 5X applicable for min spends of 50K. So max return is 7500/50000 = 15% right? not 16%

 

[drmsiva]

yes you can apply and you're a self-employed professional so it carter toward self-employed and businessmen.

Thanks. I already have the Infinia - would HDFC allow me to keep Infinia and this one (if I manage to get it)?

It would be good for tax payments.

 

[CMG]

Seems like a really good card (Biz black). But points are capped at 7500 per month and 5X applicable for min spends of 50K. So max return is 7500/50000 = 15% right? not 16%

Yup, sorry. Fixed. I was doing 5X at 150.

 

[sourpai]

However, if we use Credit Card for Income tax payments, we have to pay around 1% additional as a processing fee for payment gateways. This makes using CC less viable.

Giving away 1% for 15% return is more than viable deal

 

[sid16]

Really important question. What is the meaning of 7500 capping per month? If you check T&C document, it says 7500 is capping for accelerated reward points. And below, it says maximum 150000 reward points can be earned in a month. So what happens if I make income tax payment of Rs. 1 lakh? Will I get only 7500 reward points? Or will I get 7500 reward points for first 45k transaction and 1830 reward points (as per based rate) for balance 55k? Please clarify. I want to enroll for this card today itself.

 

[sid16]

Also, has anyone applied for this card yet? I am unable to apply for this card via the Apply Now link. It is not going beyond submit OTP page.

 

[Deleted member 5552]

Can self employed professionals get a business credit card from HDFC?

Thanks.

HDFC Bank gives Business Credit Cards to even salaried persons

 

[Tejo]

Thanks. I already have the Infinia - would HDFC allow me to keep Infinia and this one (if I manage to get it)?

It would be good for tax payments.

You can choose only one core card .... unless you have seprated registered business with TAN.

 

[drmsiva]

Also, has anyone applied for this card yet? I am unable to apply for this card via the Apply Now link. It is not going beyond submit OTP page.

I also tried and faced the same issue - tried 2 different browsers and couldn't get through beyond the 1st page after OTP.

 

[sid16]

Thanks. I already have the Infinia - would HDFC allow me to keep Infinia and this one (if I manage to get it)?

It would be good for tax payments.

I have Infinia as well as DCB. Hoping they would consider this card separately as it is not a personal card.