Basic Information

Welcome Benefits ₹250 worth gift voucher on activation within 37 days of card issuance

Card Details Card Name: HDFC Bank Biz Grow Credit Card; Bank Name: HDFC Bank; Card Type: Business Credit Card

Eligibility Minimum Income Required: Annual ITR above ₹6 Lakhs; Employment Type: Self-Employed; Age Criteria: 21–65 years

Rewards Program

Reward Points Reward Rate: 2 CashPoints per ₹150 spent on eligible spends; Reward Categories: Business spends; excludes petrol, wallet, rent, education and EMI; Accelerated Reward Rate: 10X CashPoints on qualifying business spends above ₹10,000/month; Accelerated Reward Cap: Maximum 1,500 CashPoints/month; Maximum Reward Points: 15,000 reward points per statement cycle

Redemption Reward Redemption Options: CashPoints can be redeemed against statement balance / credit card bill; Reward Value: 100 CashPoints = up to ₹25

Milestone Rewards Milestone Benefit: 2,000 CashPoints on quarterly spend of ₹1 lakh

Travel Benefits

Travel Offers Travel Booking Offers: 10X CashPoints on qualifying flights/hotels booked through MMT MyBiz powered by SmartBuy Biz Deals

Shopping Benefits

Online Shopping Online Shopping Benefit: 10X CashPoints at eligible business partners including Dmart

Brand Offers Merchant/Business Offers: 10X CashPoints on eligible productivity/business services

Fuel Benefits

Fuel Savings Fuel Surcharge Waiver: 1% fuel surcharge waiver; Fuel Transaction Condition: Minimum transaction ₹400; maximum transaction ₹5,000; Maximum Fuel Benefit: Maximum cashback ₹250 per statement cycle

Daily Spending Benefits

Utility Bills Utility Benefit: 10X CashPoints on qualifying Telecom & Utility payments through PayZapp & SmartPay

Rent Payments Rent Payment Benefit: Rent transactions excluded from regular CashPoint earning; 1% fee applicable

Insurance Payments Insurance Premium Rewards: Insurance transactions are not treated as utility transactions for the specified 1% utility fee

Education Education Fee Rewards: Education transactions through third-party apps attract 1% fee; direct school/college website or POS transactions are not charged

Insurance & Protection

Insurance Business Insurance: Business Insurance package available at annual premium of ₹3,785 including GST; Business Insurance Options: Fire & burglary, cash in transit, cash in safe, EEI and hospital cash options available under business insurance plans

Digital Features

Mobile Wallet PayZapp: PayZapp supported for qualifying Telecom & Utility payments

Fees & Charges

Joining Charges Joining Fee: ₹500 + applicable taxes

Annual Charges Annual Fee: ₹500 + applicable taxes; Annual Fee Waiver: Renewal fee waived on spending ₹1 lakh in the previous year

EMI Charges EMI Facility: EMI transactions excluded from regular CashPoint earning

Performance & Ratings

Best Usage Best For: Business spending, GST/income-tax payments, utilities, fuel and business-related expenses

Advantages Pros: Up to 55 days interest-free credit period; 10X CashPoints on eligible business spends; quarterly milestone rewards; fuel surcharge waiver; ₹1 lakh annual spend fee waiver

Limitations Cons: Accelerated CashPoints have monthly cap; fuel/rent/education/wallet/EMI spends have exclusions or special charges