M16S / IDFC First Bank / IDFC Business Multiplier Credit Card
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IDFC Business Multiplier Credit Card
The IDFC Business Multiplier Credit Card charges no annual fee and no joining fee. Its base return is 1.25%. Accelerated earn: App bookings: up to 33% bonus on hotels, 20% on flights. The forex markup is 0%. Lounge visits in India: Complimentary (count not stated). Abroad: Complimentary global lounge access (count not stated). Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- 1.25%
- Forex markup
- 0%
- Interest
- 1%a month
Apply on idfcfirst.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Fee notes | No joining or annual fee. Add-on cards (up to 5) Rs 250 + GST each. Metal, FD-backed. |
Rewards
| Reward currency | Reward Points |
|---|---|
| Base earn | 10 points per Rs 200 on domestic spends up to Rs 1 lakh per statement cycle |
| Base return | 1.25% |
| Point value | 1 point = Rs 0.25 |
| Accelerated earn | App bookings: up to 33% bonus on hotels, 20% on flights |
| Caps | 5 points per Rs 200 on spends above Rs 1 lakh per cycle. UPI: 3X above Rs 2,000, 1X below; utility and insurance via UPI 1X. |
| Spends that earn nothing | Fuel, insurance, EMI transactions, cash withdrawals, rent and property management, utilities |
| Reward notes | base_return_pct = 10 points per Rs 200 x Rs 0.25 = 1.25% on the first Rs 1 lakh a cycle; 0.625% above. |
Travel and perks
| Domestic lounge | Complimentary (count not stated) |
|---|---|
| International lounge | Complimentary global lounge access (count not stated) |
| Lounge conditions | Needs Rs 20,000 spend in the previous calendar month |
| Forex markup | 0% |
| Fuel surcharge waiver | Up to Rs 400 per month |
| Other freebies | Roadside assistance; travel insurance Rs 25,000 cover, 2 claims a year |
Charges and eligibility
| Interest per month | 1% |
|---|---|
| Cash advance fee | Fee not stated; cash up to 100% of limit |
| Eligibility | Sole proprietors and self-employed; FD of Rs 50,000 or more; PAN, Aadhaar and GST number |
| Fine-print notes | Interest 12% a year (1% a month). Utility surcharge waived up to Rs 30,000 a month via the bank app; fuel fees apply above Rs 30,000 a month. |
Questions
- What is the annual fee of the IDFC Business Multiplier Credit Card?
- No annual fee.
- Does the IDFC Business Multiplier Credit Card give airport lounge access?
- Yes. In India: Complimentary (count not stated). Outside India: Complimentary global lounge access (count not stated). Conditions: Needs Rs 20,000 spend in the previous calendar month
- What is the forex markup on the IDFC Business Multiplier Credit Card?
- 0% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the IDFC Business Multiplier Credit Card?
- Fuel, insurance, EMI transactions, cash withdrawals, rent and property management, utilities