Hdfc launch 4 new business credit card

[CMGCMG is verified member.]

1. Biz Black Metal Edition Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-black)
   • 5 Reward Points for every ₹ 150 spent (1 RP is equal to upto ₹1)
   • 5X Reward Points on Bill Payments via PayZapp/SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals
   • Unlimited Airport Lounge Access
   • Complimentary Annual membership of Club Marriott & Taj Stay Voucher worth ₹ 5000 on spends of ₹1.5 lakh within first 90 days as Welcome Benefit
   • Flight tickets / Taj Hotels Stay Voucher worth up to Rs.5,000 on every ₹ 5 Lakhs & above spends, Earn voucher worth ₹ 20,000 in calendar year as Milestone Benefit
   • Joining/Renewal Membership Fee – Rs. 10,000/- plus Applicable Taxes
2. Biz Power Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-power)
   • 5X Reward Points on Bill Payments via PayZapp/SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals, Google Ads, Cleartax, Reliance Digital
   • Up to 16 domestic & 6 International Airport Lounge Access in a year
   • Complimentary Amazon Prime Annual Membership + BizPrime 6 months Subscription on completing 1 online transaction within 30 days as Welcome Benefit
   • MakeMyTrip / Reliance Digital Gift Voucher worth up to Rs.2,500 on per quarterly spends of Rs. 2.5 Lakhs as Milestone Benefit
   • 4 Reward Points for every ₹ 150 spent (1 Reward Point = Upto 0.50 paise)
   • Joining/Renewal Membership Fee – Rs. 2500/- plus Applicable Taxes
3. Biz Grow Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-grow)
   • 10X Cashpoints on Bill Payments via PayZapp / SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals, Cleartax, DMart
   • Get 2000 Bonus Cashpoints on quarterly spends of ₹ 1 Lakh as Milestone Benefit. Earn up to 8,000 Cashpoints in a calendar year.
   • 1% Fuel surcharge waiver
   • 2 Cashpoints for every ₹ 150 spent
   • Joining/Renewal Membership Fee – Rs. 500/- plus Applicable Taxes
4. Biz First Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-first)
   • 3% Cashpoints on EMI spends (Earn Maximum 1,000 Cashpoints/ month)
   • 2% Cashpoints on Utility Bills, Electronics, SmartPay & PayZapp transactions (Earn Maximum 500 Cashpoints/ month)
   • 1% Cashpoints on UPI and other spends (Earn Maximum 500 Cashpoints/ month)
   • Get 2000 Bonus Cashpoints on quarterly spends of ₹ 75,000 as Milestone Benefit. Earn up to 8,000 Cashpoints in a calendar year.
   • 1% Fuel surcharge waiver
   • Joining/Renewal Membership Fee – Rs. 500/- plus Applicable Taxes
5. HDFC Bank UPI RuPay Biz Credit Card (https://www.hdfcbank.com/personal/p...dit-cards/hdfc-bank-upi-rupay-biz-credit-card)
   • 3% Cashpoints on Groceries, SuperMarket & Dining spends & all PayZapp transactions. (Maximum of 500 Points can be earned in a calendar month)
   • 2% Cashpoints on Utility spends (Maximum of 500 Points can be earned in a calendar month)
   • 1% Cashpoints on other spends (Excluding Rent, Wallet loads, EMI, Fuel & Education categories) (Maximum of 500 Points can be earned in a calendar month)
   • Joining/ Renewal Membership Fee - ₹99/- + Applicable Taxes (Festive Season Offer!!!)

 

[sid16]

BizBlack is launched on Diners Club network, 🤣
Does any PG at IT e-portal accepts it ?

Yes of course, HDFC portal accepts, that too with least amount of transaction charges.

Their purpose for launching on DC network is because it's really easy to access lounge via the same. No need of priority pass or dreamfolks or anything.

 

[Copycat]

Eligibility says "self employed". Has any salaried person got an HDFC business card? If yes, how did you go about it? Thanks

 

[jack333]

1. Biz Black Metal Edition Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-black)
   • 5 Reward Points for every ₹ 150 spent (1 RP is equal to upto ₹1)
   • 5X Reward Points on Bill Payments via PayZapp/SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals
   • Unlimited Airport Lounge Access
   • Complimentary Annual membership of Club Marriott & Taj Stay Voucher worth ₹ 5000 on spends of ₹1.5 lakh within first 90 days as Welcome Benefit
   • Flight tickets / Taj Hotels Stay Voucher worth up to Rs.5,000 on every ₹ 5 Lakhs & above spends, Earn voucher worth ₹ 20,000 in calendar year as Milestone Benefit
   • Joining/Renewal Membership Fee – Rs. 10,000/- plus Applicable Taxes
2. Biz Power Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-power)
   • 5X Reward Points on Bill Payments via PayZapp/SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals, Google Ads, Cleartax, Reliance Digital
   • Up to 16 domestic & 6 International Airport Lounge Access in a year
   • Complimentary Amazon Prime Annual Membership + BizPrime 6 months Subscription on completing 1 online transaction within 30 days as Welcome Benefit
   • MakeMyTrip / Reliance Digital Gift Voucher worth up to Rs.2,500 on per quarterly spends of Rs. 2.5 Lakhs as Milestone Benefit
   • 4 Reward Points for every ₹ 150 spent (1 Reward Point = Upto 0.50 paise)
   • Joining/Renewal Membership Fee – Rs. 2500/- plus Applicable Taxes
3. Biz Grow Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-grow)
   • 10X Cashpoints on Bill Payments via PayZapp / SmartPay, Income Tax, GST & vendor payments via Swifti & SmartHub Vyapar, SmartBuy BizDeals, Cleartax, DMart
   • Get 2000 Bonus Cashpoints on quarterly spends of ₹ 1 Lakh as Milestone Benefit. Earn up to 8,000 Cashpoints in a calendar year.
   • 1% Fuel surcharge waiver
   • 2 Cashpoints for every ₹ 150 spent
   • Joining/Renewal Membership Fee – Rs. 500/- plus Applicable Taxes
4. Biz First Credit Card (https://www.hdfcbank.com/personal/pay/cards/business-credit-cards/biz-first)
   • 3% Cashpoints on EMI spends (Earn Maximum 1,000 Cashpoints/ month)
   • 2% Cashpoints on Utility Bills, Electronics, SmartPay & PayZapp transactions (Earn Maximum 500 Cashpoints/ month)
   • 1% Cashpoints on UPI and other spends (Earn Maximum 500 Cashpoints/ month)
   • Get 2000 Bonus Cashpoints on quarterly spends of ₹ 75,000 as Milestone Benefit. Earn up to 8,000 Cashpoints in a calendar year.
   • 1% Fuel surcharge waiver
   • Joining/Renewal Membership Fee – Rs. 500/- plus Applicable Taxes
5. HDFC Bank UPI RuPay Biz Credit Card (https://www.hdfcbank.com/personal/p...dit-cards/hdfc-bank-upi-rupay-biz-credit-card)
   • 3% Cashpoints on Groceries, SuperMarket & Dining spends & all PayZapp transactions. (Maximum of 500 Points can be earned in a calendar month)
   • 2% Cashpoints on Utility spends (Maximum of 500 Points can be earned in a calendar month)
   • 1% Cashpoints on other spends (Excluding Rent, Wallet loads, EMI, Fuel & Education categories) (Maximum of 500 Points can be earned in a calendar month)
   • Joining/ Renewal Membership Fee - ₹99/- + Applicable Taxes (Festive Season Offer!!!)

There's no 10x on smartbuy instant vouchers.
For hotel and flight redemption only 50% can be used from points unlike 70% for non business cards
Hotel transfer partners are not good. Accor has been devalued to half. IHG and wyndham network is not as widespread as ITC

 

[sid16]

There's no 10x on smartbuy instant vouchers.
For hotel and flight redemption only 50% can be used from points unlike 70% for non business cards
Hotel transfer partners are not good. Accor has been devalued to half. IHG and wyndham network is not as widespread as ITC

Simply put, this card is for businessmen who want to pay TDS/TCS/GST/AT/SAT via credit cards. The charges for paying these via different portals is around 1% including GST. If any card offers rewards above this 1% and also interest free credit period of over a month, it's a no brainer.

 

[Stratosphere]

What are the airmiles conversion options for this card? which FFPs can we transfer to?

 

[Copycat]

HDFC Bank gives Business Credit Cards to even salaried persons

How do you go about getting this? I'm salaried. I want to use this card for advance tax payments for self and immediate family. Thanks

 

[dexter_greycells]

My main concern is on tax payments. If I spend 1 lakh on advance tax, will I get only 7500 points total? Or will I get 7500 points for first 45000 and normal 1x on balance 55000? Major concern this one. If this gets cleared, this card will become an instant favourite with businessmen.

I believe you will get 1875 + 7500 RPs for the first Rs 56250 (56250 * 5/150 = 1875 base RPs, 1875 * 4x = 7500 bonus RPs).
Then you will get 1458 RPs for the remaning Rs 43750 (43750 * 5/150 = 1458 base RPs).
So, for a 1L tax payment, I would expect 10833 RPs (1875 + 7500 + 1458).

This link has a good example -

https://www.hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?path=/Personal/Pay/Cards/Business%20Credit%20Card/Biz%20Black/BizBlack-Metal-Edition-Credit-Card-Reward-Points-Program.pdf

For example: If the cardholder spends Rs.1,00,000 in calendar month cycle with following break up of spends
• Spends on PayZapp: Rs.10,000 | Vendor payment via Swifti: Rs.20,000 | Flight booking via MMT MyBiz : Rs10,000 |Payment Wallet load spends: 10,000 | other spends: Rs. 50,000
• Thus, the total spends eligible for Reward Points would be only Rs.10,000 + Rs.20,000 + Rs.10,000 + Rs.50,000 = Rs.90,000.

The Reward Points earned for the billing cycle in example would be calculated as follows:
• Accelerated 5X Reward Points of Rs.40,000 (Spends on PayZapp: Rs.10,000 | Vendor payment via Swifti: Rs.20,000 | Flight booking via MMT MyBiz : Rs.10,000) = 6,667 RP
• Other spends of Rs.50,000 = 1,667 RP

Thus, the total Reward Points for the example would be 8,333 RP. This will be posted in the card account.

• Accelerated 5X Reward Points on Business Essential spends is capped at 7,500 RP per statement cycle. (excluding Wallet Load spends)

 

[Deleted member 5552]

How do you go about getting this? I'm salaried. I want to use this card for advance tax payments for self and immediate family. Thanks

I am not talking about new cards, but I know many friends who are salaried, but having business credit cards. I also have pre approved offer of BlackMoney Business card from HDFC Bank. As it's useless card, I didn't apply

 

[dexter_greycells]

Due to the monthly cap of 7500 accelerated/bonus RPs on Biz Black Metal Edition Credit Card plus the fact that it is on the Diners Club network it should be interpreted as Diners Club Black Credit Card for Business 😉

 

[sid16]

Due to the monthly cap of 7500 accelerated/bonus RPs on Biz Black Metal Edition Credit Card plus the fact that it on the Diners Club network it should be interpreted as Diners Club Black Credit Card for Business 😉

I'm okay even if they ask me to give up my DCB Plastic LTF for this card.

 

[dexter_greycells]

If anyone manages to apply for any of these cards, please update this thread. HDFC seems to have a common page for all credit card applications where HDFC decides which cards you can apply for instead of you deciding it.

 

[sid16]

If anyone manages to apply for any of these cards, please update this thread. HDFC seems to have a common page for all credit card applications where HDFC decides which cards you can apply for instead of you deciding it.

I had asked the bank guy for this card, he started giving me gyaan that so many cards cannot be given. I was like I know better than you, and it is possible. 🤣 Meanwhile, I'm in interaction with grievance team. Let's see what solution are they able to give me. I'm open to changing my DCB Plastic LTF to this card if that option opens up.

 

[sid16]

Currently getting the following pre approved offers. Hoping for addition of BizBlack Metal into this in a few days:

 

[sleepysurya]

Currently getting the following pre approved offers. Hoping for addition of BizBlack Metal into this in a few days:

View attachment 40091

Showing same cards for me. Pre-approved in hdfc is a sham for most

 

[sleepysurya]

Will personal income tax count under business expenses or will it lead to card block?

 

[sid16]

Will personal income tax count under business expenses or will it lead to card block?

There should be no reason why it should lead to a card block. But for personal income tax, maybe Atlas currently gives better returns. Also, IDFCFirst Wealth CC is giving nearly 2.5% uncapped returns.

 

[Tejo]

Will personal income tax count under business expenses or will it lead to card block?

If you pay others income tax with your cc then that will be the business spend.

Yours personal income tax payment will not be considered as business spend.

 

[U V]

Hope Biz Black gets included in the Diners Premier Institute program.

 

[Deleted member 5552]

I am getting pre approved offer for Biz Grow card 👹👺 Dear HDFC, pls always give your low class cards only as usual. Don't show any improvement 👹👺

 

[statusquo]

@sid16 @sleepysurya, is it showing pre-approved offers for your personal account or business account? I wanted this card on my business account if possible, so that I can hold it in addition to Infinia, as I'm not sure if HDFC will allow me to hold 2 credit cards otherwise. Hence, I am asking