Rajesh, a businessman, was fuelling petrol to the tune of ₹3,000 at the fuel pump when he remembered he had left his wallet in the office. No money, no card, and cars beeping behind him—his heart was in his mouth. Then came to mind the HDFC Biz Grow Credit Card kept on the cover of his phone.

This card saved him from embarrassment, and he also gained 50 cash points. Since then, he has used the card for all transactions—₹12,000 GST payments, ₹5,000 hotel stays, and ₹20,000 office stationery. He ends up getting hundreds of reward points each month. If you are a businessman, then this card can also turn out to be your best buddy!

HDFC Biz Grow Credit Card Overview

HDFC Biz Grow Credit cards are a convenient way to control spending, earn rewards and bonuses, and build a good credit score over time. Credit cards have made such online transactions as Internet shopping, ticket booking, travelling, and payment of utility bills straightforward, safe, and rewarding.

Key Highlights of HDFC Biz Grow Credit Card

Paying GST is unavoidable for every business, but with HDFC Biz Grow Credit Card, it becomes rewarding. With every payment of your GST or other government dues, you accumulate 10X CashPoints.

Such a unique facility makes HDFC Biz Grow Credit Card an ideal partner for business professionals, entrepreneurs, and freelancers. Splitting business and personal expenses to collect high reward points is straightforward. You can redeem benefits such as travel privileges, cashback benefits, and insurance coverage.

Below are the key highlights of the HDFC Biz Grow Credit Card

Exclusive Discounts on Business Productivity Tools

As an HDFC Biz Grow Credit Card holder, you can discount business software applications such as Tally, Office 365, AWS, Google Workspace, Credflow, Azure, and more.

Such offers are listed on SmartBuy BizDeals—powered by Nuclei, enabling you to save costs on tools already being used by your business processes.

Read More – Business Regalia Credit Card

For example, Rajesh subscribed to Office 365 for ₹5,000 and availed a special discount on BizDeals, earning a discount of ₹500. Such discounts compound over time, making your business processes more cost-effective and efficient.

Annual Fee and Waiver Benefits

The card comes with an annual fee of ₹999, but this fee can be waived entirely if the user spends ₹1,00,000 a year. This means active users who use the card for frequent transactions can enjoy all the benefits without paying extra fees.

Extended Interest-Free Credit Period

Users get an interest-free credit period of up to 55 days, which allows them to make purchases and pay later without incurring interest. This is particularly beneficial for business owners who need time to clear outstanding payments without affecting their working capital.

Complimentary Airport Lounge Access

For professionals and entrepreneurs who travel frequently, this card offers 4 complimentary domestic airport lounge visits per year. This ensures business travellers enjoy comfort, relaxation, and premium airport services before their flights.

Airport lounge benefits include:
Comfortable seating and private workspaces
Free snacks and beverages
High-speed Wi-Fi for work on the go
Charging points for laptops and mobile devices

These benefits make travelling more comfortable and stress-free, especially for business professionals who are always on the move.

Comprehensive Insurance and Protection

This credit card offers multiple insurance covers to protect users from financial risks.
Travel insurance compensates for flight delays, trip cancellations, and lost baggage, making it an excellent option for frequent travellers.
Purchase protection covers theft, loss, or damage of high-value purchases, ensuring peace of mind when buying expensive business tools or gadgets.
Accident cover provides financial security in case of unforeseen incidents, adding an extra layer of protection.
With these insurance benefits, cardholders can enjoy worry-free transactions and travel experiences.

Contactless & Secure Payments

The HDFC Biz Grow Credit Card supports contactless payments, allowing users to make fast and secure transactions. With the Tap & Pay feature, cardholders can complete purchases under ₹5,000 without entering a PIN.
This feature ensures:
- Faster transactions at retail stores
- Enhanced security by reducing the risk of card skimming
- Convenience for everyday purchases

Additionally, the card is EMV chip-enabled, providing extra security against fraud and unauthorised transactions.

Easy EMI Conversion for Large Purchases

The card provides a flexible EMI conversion option for business owners who need to make high-value transactions. Users can split their large purchases into smaller monthly installments at affordable interest rates.
This feature is handy for:
- Buying office equipment, laptops, or gadgets
- Paying for travel expenses in easy installments
- Managing unexpected business costs without financial strain
- By converting big purchases into EMIs, users can maintain better financial balance while availing themselves of premium services.

HDFC Biz Grow Credit Card Benefits

Fuel Surcharge Reimbursement of 1% on fuel surcharge for transactions between ₹400 and ₹5000. This is especially useful for business owners who travel frequently for work.
No Liability for Lost Card
If you misplace your card, you must contact HDFC Bank and are not liable for fraudulent transactions.
Simple EMI Choices
Convert large ticket business spends into Smart EMIs, facilitating better financial planning and management of liquidity.
Bill Dine Benefits
Get a discount of 20% on your bills at restaurants by paying through Swiggy Dineout, making business dining affordable.
Utility Bill Auto-Pay
Make utility payments automatically via SmartPay to avoid the pains of settling your business bills promptly.

Essential Features of HDFC Biz Grow Credit Card

Interest-Free Credit for 55 Days
The biggest challenge that small business owners face is cash flow management. HDFC Biz Grow Credit Card offers up to 55 days of interest-free credit, enabling you to make necessary business purchases without the immediate financial burden.
Rewarding Cash Points System
The HDFC Business Credit Card has the most versatile cash points system. Here, for each ₹150 spent by a user, he earns 2 cash points, and the cash points earned on most of the business spending are 10X. So, every purchase helps save money for the business and further incites the business finances.
Business-specific benefits
From discounts on business travels to deals on purchasing software, this card is well thought out for the entrepreneur. You can get up to 40% off on your business-related spending with SmartBuy BizDeals and save hugely on essential services.
Simple Monitoring and Tracking of Expenditure
Net Banking and Mobile Banking App by HDFC Bank make tracking easier. It lets you track transactions, monitor expenditure patterns, and efficiently handle money matters.
Welcome Bonus
A voucher worth ₹250 on making just one transaction within 37 days from card issuance for the new cardholder. This is an early reward for adopting the card into business operations.

Where Can You Earn 10X Cash Points?

This 10X cash points feature in the HDFC Biz Grow Credit Card will surely thrill many. So here's how to make the best of these:

Payment through the GST website at payment.gst.gov.in
Income tax payment through the portal site at incometax.gov.in
Bill Payments through Payzapp and SmartPay
Flights and Hotels through MMT MyBiz, powered by SmartBuy BizDeals
Purchasing software and other business solutions—Tally, Office 365, AWS, Google, Credflow, Azure, and many more—through SmartBuy BizDeals

Milestone Benefits for High Spenders

HDFC Bank has milestone rewards. If you spend ₹1 lakh in a quarter, excluding rent and fuel, you will make 2000 cash bonus points. You could use those for statement credits or top-brand vouchers like Amazon, Swiggy, or travel booking.

Key Inclusions

Spending ₹10,000 or more in each statement cycle earns 10X cash points.
Cash points are capped at 1,500 for every statement cycle.

Eligibility Criteria for HDFC Biz Grow Credit Card

The eligibility criteria to apply for this credit card are as follows:

Criteria	Details
Age	21-60 years
Income	Minimum ₹5 lakh per annum
Employment Type	Salaried or self-employed
Credit Score	700+

Documents Required for HDFC Biz Grow Credit Card

Document Type	Examples
Identity Proof	Aadhaar Card, PAN Card, Passport
Address Proof	Utility Bill, Voter ID, Rental Agreement
Income Proof	Salary Slips, IT Returns, Bank Statements
Business Proof (if self-employed)	GST Certificate, Business Registration

HDFC Biz Grow Credits Card Cashback & Rewards

One of the major attractions of acquiring a credit card is its reward program. So, earning points or cash back from your spending works well. In this regard, here's your benefit:

Feature	Details
Interest-Free Period	Up to 50 days
Reward Points	Earn 2 points per ₹100 spent; 5X points on travel and dining
Cashback Benefits	5% cashback on partner brands
Airport Lounge Access	4 complimentary domestic lounge visits per year
Insurance Coverage	Travel insurance, purchase protection, and accident cover
Contactless Payment	Enabled for transactions up to ₹5000

HDFC Biz Grow credit card Reward Points Structure

Missed credit card payments can incur fees. The late payment fee can be described in a tabular form based on the outstanding amount

Spend Category	Reward Points
Spend at Regular Stores	2 reward points for every ₹100 spent
Travel & Dine	5X reward points
Shopping	3X reward points at online stores
Partner Brands	Earn 5% cash back

HDFC Biz Grow Credit Card Fees & Charges

Before getting the credit card, one must be aware of the fee levied. The number of charges is as follows.

Type of Fee	Amount
Annual Fee	₹999 (waived on ₹1,00,000 spend in a year)
Interest Rate	3.5% per month or 42% per annum
Cash Withdrawal Fee	2.5% of the withdrawn amount or ₹500, whichever is higher
Foreign Transaction Fee	3.5% of the transaction amount
EMI Conversion Charges	1.5% of the transaction amount

HDFC Biz Grow credit card Late Payment Fees

Outstanding Amount	Late Payment Fee
Less than ₹500	Nil
₹500 - ₹5,000	₹500
₹5,001 - ₹10,000	₹750
₹10,001 - ₹25,000	₹1,000
₹25,001 - ₹50,000	₹1,500
Above ₹50,000	₹2,000

HDFC Biz Grow Credit Card Pros & Cons

Each credit card has its advantages and disadvantages. A comparison will be helpful to choose:

Pros	Cons
High reward points on travel and dining	High annual fee (unless waived)
Complimentary airport lounge visits	High interest rates on unpaid balances
Exclusive cashback offers	3.5% foreign transaction fee
Comprehensive insurance coverage	No reward points on fuel and utility bill payments

HDFC Biz Grow credit card Business Insurance Benefits

This card provides a lot of insurance coverage to safeguard business money:

Fire and Burglary Insurance: Up to ₹5 lakh
Electronic Equipment Insurance: Up to ₹50,000
Cash Insurance: Up to ₹25,000 in case of cash in transit or safe
Hospital Cash Benefit: ₹1000 per day in case of hospitalization due to accident or illness

Note: The insurance premium is ₹3,785 per year, which can be increased per the business requirements.

How do you apply for an HDFC Biz Grow credit card?

Applying for the HDFC Biz Grow Credit Card online is a straightforward process. Here's a detailed, step-by-step guide to assist you:

1. Access the HDFC Bank Website:

Open your preferred web browser and navigate to the HDFC Bank official website.

2. Navigate to the 'Pay' Section:

On the homepage, locate and click on the 'Pay' option in the main menu.

3. Select 'Business Credit Cards':

Choose ' Business Credit Cards ' from the 'Pay' dropdown menu to view the available options.

4. Choose the 'Biz Grow Credit Card':

Browse through the list of business credit cards and select the 'Biz Grow Credit Card' to proceed.

5. Initiate the Application Process:

Click the' Apply Online' button on the Biz Grow Credit Card page to start your application.

6. Identify Yourself:

You will be prompted to provide your details, such as your full name, date of birth, and contact information.
Ensure that all information entered is accurate and matches your official documents.

7. Confirm Your Details:

Review the information you've provided to ensure its correctness.
You may be asked to submit additional documents for verification, such as:

Also Read - How to Get a Business Loan With a Low Turnover
- Identity Proof: Aadhaar Card, PAN Card, or Passport.
- Address Proof: Utility Bill, Voter ID, or Rental Agreement.
- Income Proof: Salary Slips, IT Returns, or Bank Statements.
- Business Proof (if self-employed): GST Certificate or Business Registration documents.

8. Choose Your Card:

During this step, confirm your selection of the 'Biz Grow Credit Card'.

9. Submit Your Application:

After completing all the required fields and uploading the necessary documents, submit your application for processing.

10. Await Confirmation:

Upon submission, you will receive an acknowledgement of your application.
The bank will review your application, and if approved, you will receive your new credit card along with instructions on activating and setting up your card.

Additional Tips

Ensure that you meet the eligibility criteria before applying.
Keep digital copies of all necessary documents ready for a smoother application process.
You can contact HDFC Bank's customer support for assistance if you encounter any issues during the application.

By following these steps, you can efficiently apply for the HDFC Biz Grow Credit Card online and take advantage of its numerous benefits tailored to business needs.

Offline Application

Visit the nearest branch of the bank.
Submit a credit card application form. Fill it up and attach all the details.
Attach a copy of your identity proof, address proof and income documents
Submit the application form to the bank executive. He will further process your application.

Payment of Income Tax and GST using HDFC Biz Grow Credit Card

For Payment of Income Tax:

Login to the Income Tax Website
Select E-file → E-Pay Tax
Select Income Tax and fill in all the details
Select credit card as the pay option. Fill in all the details of the Biz Grow Credit Card and pay

For Payment of GST:

Log in to the GST website
Navigate to Services—Payments—Challan Create
Select E-payment and select Credit Card
Fill in the details of Biz Grow Credit Card and pay

How to Redeem Cash Points?

Cash points can be redeemed in the following ways:

Against Statement Balance: Login to Net Banking → 'Cards' → 'Enquire' → 'Redeem Cashpoints' → Select 'Cash Redemption.'
Through SmartBuy: Redeem points for flight, hotel and business tools bookings
Insta Vouchers: Redeem points for Amazon, Croma, and Reliance Digital vouchers
Business Tools & Traders: Convert points into applications like Tally, Google AdWords, MS Office, etc. Cash Points are redeemable for 2 years.

How to Choose the Right Credit Card?

Understand Your Spending Patterns

Different cards cater to various lifestyles. Whether you shop frequently, travel often, or dine out regularly, HDFC Bank has credit cards suited to your spending habits.

Determine the Card’s Purpose

If you're a beginner, an entry-level card with a low annual fee might be the best option. A cashback card is ideal if you prefer cashback on everyday expenses like fuel and groceries. Premium credit cards offer luxury benefits, making them perfect for high spenders.

Compare Features

Before applying, evaluate various credit cards based on key features like reward points, cashback rates, annual fees, interest rates, and network compatibility (Visa, MasterCard, RuPay).

Check Eligibility Criteria

Every credit card has different eligibility requirements, such as minimum income, employment type, and credit score. Ensure you meet these criteria before applying.

Look for Pre-Approved Offers

If you are an existing HDFC Bank customer, you may qualify for a pre-approved credit card, allowing for faster approval with minimal documentation.

Evaluate Fees & Charges

Before applying, review essential fees such as annual charges, interest rates, foreign transaction fees, and EMI conversion charges to find a card that fits your budget.

Smart Ways to Use Your Credit Card

Pay Bills on Time

Avoid penalties and high-interest charges by paying your credit card bill before the due date. Late payments can also affect your credit score negatively.

Clear the Full Balance

While making the minimum payment helps avoid late fees, it’s best to clear the full amount each month to avoid accumulating interest.

Maintain a Low Credit Utilization Ratio

Keeping your credit usage below 30% of your total credit limit is advisable to maintain a good credit score.

Leverage the Interest-Free Period

If you pay your balance in full each month, you can take advantage of the interest-free period and avoid paying any extra charges.

Ensure Card Security

Never share your card details or PIN with anyone. Always use secure websites for online transactions and check for ‘https’ in the URL before making payments.

Monitor Your Transactions

Regularly check your credit card statements through NetBanking or mobile banking to spot unauthorised transactions. Report any discrepancies immediately to HDFC Bank.

By choosing the right credit card and managing it wisely, you can enjoy maximum benefits while keeping your financial health in check.

Conclusion

This card comes with a condition: if you have any business of yours and are one of the owners of a small business, then the HDFC Biz Grow Credit Card itself is a whole financial tool for you. Seamlessly making all your payments, earning rewarding business expenses, discounts on travel, and benefits from the insurance of your business transactions are also satisfying and relieving. Sign up now for the business venture and touch a new height!

FAQs Related to HDFC Biz Grow Credit Card

How can I maximise my reward points?
Travel, dine, and shop online using your credit card to earn the maximum reward points.

Is it safe to shop online with my credit card?
Yes, if you shop on secure websites and have OTP verification for all transactions.

How do I check my credit card statement?
You can view your statement online through net banking, through the bank's mobile app, or by receiving it through email.

What happens if I miss my payment due date?
You will be charged a late payment fee according to your outstanding balance, and it may also affect your credit score.

Can I increase my credit limit?
Yes, you can request a credit limit increase based on your usage and payment history through net banking or by visiting the bank branch.

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