HDFC Credit Cards HDFC BizBlack: The Silent King

[PreciousTincture]

Most rewarding card if you pay shit loads in taxes : "HDFC Bizblack"

- 0 fee if you spend 7.5L
- 4x 5k Taj/Smartbuy vouchers on every 5L milestone reached till 20L. Ez 20k
- 7500 accelerated points/mo on business/tax/gst spends + 7500 points on GVs (16.6% reward ratio) (1:1 on hotels/flights)
that translates to 90k to 180k in accelerated rewards/annum.
- Unlimited domestic + int'l lounge access ( just carrying a single card, comprehensive dinersclub lounge network)
- 3.33% base rewards (upto 1.5L points/mo)= 60k+ points if you spend 20L+
- ~200k /annum


Although i use Infinia for GVs/Apple Purchases etc . but BizBlack Alone is the one card that beats every single card out there if you are a business owner/professional.

 

[PreciousTincture]

Update:
- Addons cards , so lounge access for your family members
- Golf sessions

 

[dexter_greycells]

One of the good things about this card is that it is typically safe from influencers / college kids acquiring it and bragging about it and ruining it for everyone. You need to have a business or be self-employed and earn really well to get it. Faking it, threatening your RM/BM or escalating to the Grievance Redressal Team won't make a difference.

Correction - GVs on BizBlack via SmafrtBuy/Gyftr are at a 10% reward ratio and if you consider Amazon Pay or Flipkart GVs then the ratio comes down to under 6.5%.

https://offers.smartbuy.hdfc.bank.in/offer_details/smartbuy/15282/Zmilm2U%3D

 

[thegame]

Tax payments would be 5x and max RPs for 5x per month is 7500 so for 45k per month of tax payment you get 7500 RPs right? also we need to spend 50k per month to get 5x rewards so query is for the 5k spends i.e. 45-50k do I get 5RPs per 150 or no RPs i.e. only 7500 RPs for 50k tax payment?

 

[PreciousTincture]

so 5x rewards includes the base 1x (3.33%) rewards. @thegame if that answer your question

 

[PreciousTincture]

thanks for the correction @dexter_greycells . yup it stays away from the masses. the intersection is very small. "business owner who actually pay taxes haha".

For GVs i use Infinia. but still the amount of points i get with bizblack is just crazyyy.

 

[thegame]

so 5x rewards includes the base 1x (3.33%) rewards. @thegame if that answer your question

thanks for getting back, my query was for 45k you get 7500 RPs and for the next 5k, do we get the base i.e. 5RP for Rs150 or no RPs (guess should get the base RPs),

 

[thegame]

thanks for getting back, my query was for 45k you get 7500 RPs and for the next 5k, do we get the base i.e. 5RP for Rs150 or no RPs (guess should get the base RPs),

or in short what is the max amount of tax payments we can pay using this card for 5x RPs 🙂

 

[dexter_greycells]

Tax payments would be 5x and max RPs for 5x per month is 7500 so for 45k per month of tax payment you get 7500 RPs right? also we need to spend 50k per month to get 5x rewards so query is for the 5k spends i.e. 45-50k do I get 5RPs per 150 or no RPs i.e. only 7500 RPs for 50k tax payment?

7500 are "bonus" RPs. You get them for IT / GST payments of Rs 56250 plus the "regular" 1875 RPs.
If your overall expenses, including non-tax ones, do not exceed Rs 50k then you don't get the "bonus" RPs.

or in short what is the max amount of tax payments we can pay using this card for 5x RPs 🙂

Rs 56250. Beyond that is "regular" RPs.

 

[thegame]

7500 are "bonus" RPs. You get them for IT / GST payments of Rs 56250 plus the "regular" 1875 RPs.
If your overall expenses, including non-tax ones, do not exceed Rs 50k then you don't get the "bonus" RPs.

Rs 56250. Beyond that is "regular" RPs.

thanks a lot!! also max RPs redemption say for hotels/flights is 75k per month right?

 

[theflash]

One of the good things about this card is that it is typically safe from influencers / college kids acquiring it and bragging about it and ruining it for everyone. You need to have a business or be self-employed and earn really well to get it. Faking it, threatening your RM/BM or escalating to the Grievance Redressal Team won't make a difference.

Correction - GVs on BizBlack via SmafrtBuy/Gyftr are at a 10% reward ratio and if you consider Amazon Pay or Flipkart GVs then the ratio comes down to under 6.5%.

https://offers.smartbuy.hdfc.bank.in/offer_details/smartbuy/15282/Zmilm2U%3D

View attachment 115319

Afaik they issue this card as floater to Infinia holders ig that's what I've seen...

 

[mojo_jojo123]

for bizblack to get accelerated rewards on essential business spend .. do we need to overall spend 50,000 in statement cycle ( including business + non-essential business) or essential business category we need to spend > 50k

 

[PreciousTincture]

for bizblack to get accelerated rewards on essential business spend .. do we need to overall spend 50,000 in statement cycle ( including business + non-essential business) or essential business category we need to spend > 50k

i mean if one is paying more tax than 50k per month. its still a great choice.


priority is

1) bizblack 56k/mo
2) exhaust Amex-Plat Travel 4L
3) biblack base 3.3%.


say you pay 1-3L-5L/mo in taxes. i don't see a better option than to use Bizblack even with the base rewards. havent used SBI CB card since it works for sum not for others. otherwise i will switch to SBI for the rest ( 5% > 3.3%)

 

[Riya]

I'm craving for the card but don't know how to get hold of it...
Don't have the business in my name....
plus no relation with HDFC other than millenia card....
it's really a killer card in terms of tax payments

 

[PreciousTincture]

@Riya you can get it if you have a sole-proprietor business ( professionals ) as well. just need to show business income iirc. I got it as a floater with my Infinia.

 

[Riya]

@Riya you can get it if you have a sole-proprietor business ( professionals ) as well. just need to show business income iirc. I got it as a floater with my Infinia.

issue is business is in dad's name and my taxable income is not 30L

 

[theflash]

I'm craving for the card but don't know how to get hold of it...
Don't have the business in my name....
plus no relation with HDFC other than millenia card....
it's really a killer card in terms of tax payments

Same thing need for my business but business income isn't 30L and ITR is less too can't get floater since I don't have any high end card.

 

[hedgehog2122]

Update:
- Addons cards , so lounge access for your family members
- Golf sessions

Yes it is incredibly outstanding card, as i pay taxes in excess of 50K pm have accumulated lots of points. In all my flights and hotels booked in past 1 yr have just paid 30% of the total, balance 70% paid by points at every ocassion through smartbuy business portal.

 

[hedgehog2122]

Most rewarding card if you pay shit loads in taxes : "HDFC Bizblack"

- 0 fee if you spend 7.5L
- 4x 5k Taj/Smartbuy vouchers on every 5L milestone reached till 20L. Ez 20k
- 7500 accelerated points/mo on business/tax/gst spends + 7500 points on GVs (16.6% reward ratio) (1:1 on hotels/flights)
that translates to 90k to 180k in accelerated rewards/annum.
- Unlimited domestic + int'l lounge access ( just carrying a single card, comprehensive dinersclub lounge network)
- 3.33% base rewards (upto 1.5L points/mo)= 60k+ points if you spend 20L+
- ~200k /annum


Although i use Infinia for GVs/Apple Purchases etc . but BizBlack Alone is the one card that beats every single card out there if you are a business owner/professional.

View attachment 114734


View attachment 114733

Can these taj E-vouchers be used for dining at Hotel's Restaurants instead of stay?

 

[basant]

Can these taj E-vouchers be used for dining at Hotel's Restaurants instead of stay?

Yes i have used this at mumbai taj.