M16S / HDFC Bank / HDFC BizFirst Credit Card
entry · business, cashback
HDFC BizFirst Credit Card
The HDFC BizFirst Credit Card costs Rs 500 a year, waived if you spend Rs 50,000 in a year. Its base return is 0.15% (1% CashPoints on other spends incl. UPI). The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 500+ GST
- Fee waived at
- Rs 50,000annual spend
- Base return
- 0.15%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on hdfc.bank.inOpens the bank’s own page.
Fees
| Joining fee | Rs 500 |
|---|---|
| Annual fee | Rs 500 |
| Annual spend that waives the fee | Rs 50,000 |
| Fee notes | Joining/renewal fee Rs 500 + taxes; renewal fee waived on Rs 50,000 spend in an anniversary year; first-year fee billed 120 days after issue (HDFC page). |
Rewards
| Welcome benefit | Rs 250 gift voucher (Amazon, Swiggy and more) for one transaction within the first 37 days |
|---|---|
| Reward currency | CashPoints |
| Base earn | 1% CashPoints on other spends incl. UPI |
| Base return | 0.15% |
| Point value | 1 CashPoint = up to Rs 0.20 business catalogue; up to Rs 0.15 SmartBuy flights/hotels and product catalogue; Rs 0.10 cashback against statement (page) |
| Accelerated earn | 3% CashPoints on EMI spends; 2% on utility bills, electronics, SmartPay and PayZapp transactions. SmartBuy: 5% cashback, capped at Rs 1,000 per month. |
| Caps | 3% tier 1,000 CashPoints per calendar month; 2% tier 500/month; 1% tier 500/month; max 15,000 per statement cycle; UPI on RuPay 500 per calendar month (page) |
| Spends that earn nothing | Fuel, rent, education, wallet/gift/prepaid loads, vouchers |
| Points expiry | 2 years |
| Milestone benefits | 2,000 CashPoints on Rs 75,000 or more retail spend per quarter (rent and petrol excluded) |
| Reward notes | Redemption fee Rs 99 + GST (MITC); min 2,500 CashPoints for statement redemption. Base return = 1 CashPoint per Rs 100 x Rs 0.15 = 0.15%, both stated on the issuer page; the headline '1%' is in points, not rupees. CashPoints cover up to 50% of a flight/hotel booking. |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markupunverified | 3.5% |
| Fuel surcharge waiver | 1% on txns Rs 400-5,000, cap Rs 250 per statement cycle (page) |
| Other freebies | Up to 55 interest-free days; credit liability cover Rs 3 lakh; Swiggy Dineout discount (page says flat 10% extra in one place, up to 20% in another); SmartPay cashback up to Rs 1,800 in the first year; optional paid business insurance package from Rs 3,785 a year |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | On outstanding balance: up to Rs 100 nil; 101-500 Rs 100; 501-1,000 Rs 500; 1,001-5,000 Rs 600; 5,001-10,000 Rs 750; 10,001-25,000 Rs 900; 25,001-50,000 Rs 1,100; above 50,000 Rs 1,300 (MITC) |
| Cash advance fee | 2.5% of amount, min Rs 500 |
| Eligibility | Self-employed Indian citizen, age 21-65, ITR above Rs 6 lakh; can apply with ITR or GST returns |
| Fine-print notes | Issuer product page read 2026-10-12. Networks taken from the page's network-offers section (Visa, Mastercard) and its 'RuPay Biz First' UPI line; not a formal statement of variants. Forex markup is not stated on the page. Bank-wide charges per MITC: 1% fee on rent payments (cap Rs 4,999/txn); 1% on utility spends above Rs 50,000/month (Rs 75,000 on business cards); 1% on wallet loads above Rs 10,000/month (PayZapp exempt); 1% on fuel spends above Rs 15,000/month (Rs 30,000 business); 1% on online skill gaming above Rs 10,000/month; 1% on education paid via third-party apps; 1% + GST on railway tickets; 1.75% markup on INR transactions at overseas merchants from 15 May 2026. Points lapse if the card is unused for 365 days. |
Questions
- What is the annual fee of the HDFC BizFirst Credit Card?
- Rs 500 a year, before GST. It is waived if you spend Rs 50,000 in a year.
- Does the HDFC BizFirst Credit Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the HDFC BizFirst Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the HDFC BizFirst Credit Card?
- Fuel, rent, education, wallet/gift/prepaid loads, vouchers