The HDFC Bank Biz Grow Credit Card is designed to support small and medium-sized enterprises (SMEs) by offering tailored financial solutions that enhance business operations. Cardholders benefit from an interest-free credit period of up to 55 days, providing flexibility in managing cash flows. The card rewards users with 2 Cash Points for every ₹150 spent on business-related expenses, excluding categories like fuel, wallet, rent, education, and EMI transactions. A standout feature is the accelerated earn rate, offering 10X Cash Points on select business spends such as bill payments via PayZapp and SmartPay, income tax and GST payments through official portals, and purchases related to business productivity tools via SmartBuyBizDeals. Additionally, upon achieving a quarterly spend of ₹1 lakh, cardholders receive a milestone benefit of 2,000 Cash Points. The unique selling proposition of the Biz Grow Credit Card lies in its comprehensive rewards structure and support for essential business expenditures, making it an ideal choice for SMEs aiming to optimize their spending and streamline financial management.
10X CashPoints (20 CP on Each Rs. 150 Spend) on select categories of business spends like- Bill Payments via SmartPay & PayZapp Income Tax/ Advance Tax Payment
Fees & Charges
Joining & Renewal Fees
500
Interest & Charges
Additional Charges
Rs.99 per redemption request.
Rewards
Regular Cash Points On Eligible Spends
ClearTax, Income Tax, MakeMyTrip, Dmart, Payzapp
Milestone Benefits
Bonus 2000 CashPoints on Spends 1lakhs<
Exclusions
Fuel, Jewellery, Rent, Utilities, Wallets
Rewards capping
Redemption modes
Catalouge Products
Cashback
Travel Booking
Additional Features
Lounge Benefits
Insurance Benefits
Insurance
Other Perks
Nuclei Discount on Business Software
Dining 20% Discount Via Dineout
Card Activation Gift Voucher 250
4% off on Flights and Hotels Booking
Eligibility Criteria
Age
21Y
Min
65Y
Max
Credit Score
750
Ex Min
Income
(
Salaried & Self-Employed
)
₹
Annual ITR above Rs 6 Lakhs
Other: Card-to-card eligibility requirements.
Pros
Interest-free credit period of up to 55 days, aiding better cash flow management.
10X Cash Points on select business expenses, including bill payments via PayZapp and SmartPay, and GST/income tax payments.
2 Cash Points per ₹150 spent on business-related transactions, ensuring consistent rewards.
Milestone benefit of 2,000 Cash Points upon achieving ₹1 lakh in quarterly spending.
Cons
No rewards on fuel, wallet reloads, rent, education, and EMI transactions.
Cash Points redemption value may be lower compared to premium cards.
No complimentary airport lounge access or premium travel perks.
High foreign currency markup fee, making it less suitable for international business transactions.
