HDFC Bank Biz Black Credit Card vs HDFC Bank Biz Grow Credit Card

• Welcome Benefit:

1. Get Club Marriott Annual Membership + Taj Stay voucher worth Rs. 5000 on spends of  Rs. 1.5 lakhs within first 90 days

2. Obtain up to 20% discounts for dining, stay and spa service with Club Marriott membership across Asia – Pacific region

• Milestone Benefit

1. Get SmartBuy Flight / Taj Stay Voucher worth Rs. 5000 on every Rs. 5 Lakhs spends. (On all retail spends excluding rent and petrol)

2. Avail vouchers worth Rs. 20,000 in calendar year (Rs. 20 Lakhs spends) 

• Renewal fee waived off if you spend Rs. 7.5 Lakhs and more in the previous year
• Spend Rs. 1.5 Lakhs in first 90 days of card issuance to get First Year Joining Fee waived off (Applicable for fresh issuance only)
• Save up to Rs. 4,40,780 annually on BizBlack Credit Card
• Up to 55 days Interest Free Credit Period
• Avail 5 Reward Points on every Rs. 150 spent for business needs 
• Earn 5X Reward Points on selected Business spends such as:

1. Bill Payment via Payzapp & SmartPay

2. Income Tax/ Advance Tax payment via eportal.incometax.gov.in

3. GST payment via payment.gst.gov.in

4. Hotel & flight booking on MMT MyBiz powered by SmartBuy BizDeals

5. Business Productivity tools like Tally, Office 365, AWS, Google, Credflow, Azure & more via SmartBuy BizDeals - Nuclei 

Note: 5X Reward Points applicable on minimum spends Rs. 50,000 in statement cycle

• Make GST payment using Business Credit Card
• Pay Income Tax/ Advance Tax using Business Credit Card
• Avail up to 40% savings on the Business travel and software purchase on smartbuy.hdfcbank.com/business  

1. Business Travel Benefits via MMT MyBiz :  

- 4% off on Flights and Hotels booking.

- Discounted Fares, Free Meal & Seat Selection, Low Fees for Cancellation   

2. Business Productivity Tools via – Nuclei :  

-  Instant discount on Business Software such as Google Workspace, Tally Prime, AWS, Microsoft Azure & more

- Get GST Invoice for availing Input Tax Credit  

• Unlimited Domestic and International Airport lounge access to 1000+ Lounges for primary and add-on card members
• Unlimited Airport lounge access valid for only Active cardholders
• Enjoy complimentary golf games (6 per quarter) across the finest courses in the world along with 24x7 booking assistance by calling concierge
• Get 24-hour access to Golf Concierge Assistance services for booking/cancellation
• Customize business, travel and entertainment experiences with bank’s Global Concierge Assistance
• Diners Exclusive Benefit :

- Fast Track Airport Experience: Skip the line for check-in and receive baggage assistance

- Dining Delight: Exclusive dining offers, from gourmet cuisine to local delicacies

- Health & Wellness:  Get up to 15% off on Fitness membership, pharmacy purchases & more

- Small Medium Enterprise (SME): Boost Business with special offers on business producitivity tools, HR Solutions & more

• Dining Benefits: Enjoy FLAT 10% EXTRA OFF on dining bills at 35K+ restaurants
• SmartBuy: Get up to 10X Reward Points on Flipkart, MakeMyTrip, Apple Imagine Tresor, on SmartBuy
• SmartPay: SmartPay is an automatic payment facility available to pay the utility bills.  Get assured cashback up to Rs. 1800 in the first year and exciting e-vouchers worth up to Rs. 800 for adding 2 or more bills on Smart Pay
• Convert big spends into EMI after purchase
• Choose EMI option for large online or in-store purchases using Biz Black Credit Card and avail easy repayments using Easy EMI
• Zero Lost card liability
• Credit liability cover: Rs. 9 lakh
• Business Insurance Benefit: Secure Business with specially curated Business Insurance package:

1. Avail Business Insurance package starting at an annual premium of Rs. 3,785 which includes:

a.  Fire & Burglary insurance for Shop up to Rs. 5 lakhs

b. Cash in Safe/Transit up to Rs. 25,000

c. Electronic Equipment insurance excluding terrorism up to Rs. 50,000

d. Hospital Cash: Accident only amount payable per day up to Rs. 1000 

e. Hospital Cash: Illness only amount payable per day up to Rs.1000 

f. Also, Cardholders have the option to choose higher Business Insurance cover as per their Business need.

• Minimum of 2500 RP is needed to redeem Reward Points against statement balance
• Flights and Hotels redemption, Credit Card members can redeem up to a maximum of 70% of the booking value through Reward Points. Rest of the transaction amount will have to be paid via the Credit Card limit.
• Redeem up to 70% of product/Voucher value through Reward Points on select vouchers/products and pay the remaining amount via Credit card.  
• Unredeemed Reward Points will expire/lapse after 3 year of accumulation. 
• The maximum 1,50,000 Reward Points can be earned in a statement cycle
• 1% Fuel Surcharge Waiver

• Card Activation Benefit: Avail a Gift voucher worth Rs. 250 on making one transaction on the Biz Grow Credit Card within first 37 days of card issuance. Voucher is redeemable on top brands like Amazon, Swiggy & more
• Milestone Benefits: Obtain 2000 CashPoints every quarter on quarterly spends of Rs. 1,00,000.  (On all retail spends excluding rent and petrol). Redeem CashPoints against statement. (Earn 1 CashPoint = Upto Rs.0.25)
• Spend Rs. 1 Lakh in an anniversary year (12 billing cycles) to get Renewal Fee waived for next renewal year
• Up to 55 days Interest Free Credit Period
• Earn 2 Cash Points on every Rs.150 spent for your business needs
• Earn 10X Cash Points on selected Business spends such as:

1. Bill Payment via Payzapp & SmartPay

2. Income Tax/ Advance Tax payment via eportal.incometax.gov.in

3. GST payment via payment.gst.gov.in

4. Hotel & flight booking on MMT MyBiz powered by SmartBuy BizDeals

5. Business Productivity tools like Tally, Office 365, AWS, Google, Credflow, Azure & more via SmartBuy BizDeals - Nuclei 

6. Dmart

7. Cleartax

Note: 10X Cash Points applicable on minimum spends Rs. 10,000 in statement cycle

Maximum 1,500 Cash Points per statement cycle

• Make GST payment using Business Credit Card:  Via GST portal: payment.gst.gov.in 
• Pay Income Tax/ Advance Tax using Business Credit Card (eportal.incometax.gov.in)
• SmartBuy BizDeals:  

• Avail up to 40% savings on your Business travel and software purchase on smartbuy.hdfcbank.com/business  

1. Business Travel Benefits via MMT MyBiz :  

- 4% off on Flights and Hotels booking 

- Discounted Fares, Free Meal & Seat Selection, Low Fees for Cancellation   

2. Business Productivity Tools via – Nuclei :  

-  Instant discount on Business Software such as Google Workspace, Tally Prime, AWS, Microsoft Azure & more

- Get GST Invoice for availing Input Tax Credit  

• 1% fuel surcharge waiver at all fuel stations across India (on minimum transaction of Rs. 400 and maximum transaction of Rs. 5000)
• Dining Benefits: Enjoy FLAT 10% EXTRA OFF on dining bills at 35K+ restaurants
• SmartPay, an automatic payment facility available on the Credit Card to pay your utility bills, gives assured cashback up to Rs. 1800 in the first year and exciting e-vouchers worth up to Rs. 800 for adding 2 or more bills on Smart Pay
• Convert big spends into EMI after purchase
• Easy EMI: Choose EMI option for large online or in-store purchases using Biz Grow Credit Card and avail easy repayments using Easy EMI
• Zero Lost card liability
• Credit liability cover: Rs. 3 Lakh
• Business Insurance Benefit: Secure a Business with specially curated Business Insurance package:

- Avail Business Insurance package starting at an annual premium of Rs. 3,785 which includes:

a. Fire & Burglary insurance for Shop up to Rs. 5 Lakhs

b. Cash in Safe/Transit up to Rs.25,000

c. Electronic Equipment insurance excluding terrorism up to Rs. 50,000

d. Hospital Cash: Accident only amount payable per day up to Rs. 1000  

e. Hospital Cash: Illness only amount payable per day up to Rs. 1000 

Do note that the cardholders have the option to pick higher Business Insurance cover as per their Business need

• A minimum of 2500 CP is required to redeem CashPoints against statement balance
• Flights and Hotels redemption, Credit Card members can redeem up to a maximum of 50% of the booking value through CashPoints. Rest of the transaction amount will have to be paid via the Credit Card limit
• With effect from 1st February 2023, cardmembers can redeem upto 70% of product/Voucher value through CashPoints on select vouchers/products and pay the remaining amount via Credit card
• The maximum 15,000 CashPoints can be earned in a statement cycle
• Unredeemed Cash Points will expire/lapse after 2 year of accumulation

Pros

• Up to 5X Reward Points on card spends, including business expenses
• Extensive travel benefits like unlimited lounge access, accelerated rewards, discount offers and vouchers
• Lifestyle benefits like dining discounts, golf access and rewards and discounts on popular brands/platforms

Cons

• Spend-based condition on rewards on business spends and capping on monthly rewards earnings
• Due to the high joining fee, the card is only available to large businesses and enterprises
• No Reward Points are awarded for fuel, education, and rent payments

Pros

• Welcome Benfits
• Milestone Benefits
• Earn 10X Cash Points on selected Business spends

Cons

• No golf benefits
• No airport lounge access
• No reward points on fuel transactions