By continuing, you agree to LoansJagat's Credit Report Terms of Use, Terms and Conditions, Privacy Policy, and authorize contact via Call, SMS, Email, or WhatsApp
Disclaimer: The information published on LoansJagat is intended for general informational and educational purposes only and should not be considered financial, legal, or investment advice. Interest rates, loan terms, statistics, and other data may change over time and may vary by lender or source. Please verify the latest information and consult a qualified financial advisor or the respective Bank/NBFC before making any financial decisions.
Subscribe Now
About the author
LoansJagat Team
Contributor‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.
Related Blog Post
Simplify All Your Loans Into One Affordable EMI
Customers Served
Debt Consolidated
1200+ Reviews
Locations in India
Club all Loans & Credit Card Bills into Single EMI
Quick Apply Loan
Consolidate your debts into one easy EMI.
Takes less than 2 minutes. No paperwork.
10 Lakhs+
Trusted Customers
2000 Cr+
Loans Disbursed
4.7/5
Google Reviews
20+
Banks & NBFCs Offers
Other services mentioned in this article
The HDFC Biz Grow Credit Card is a business credit card designed for self-employed professionals, business owners, startups, and MSMEs who want to manage their business expenses while earning rewards. It offers benefits on everyday business spending, including travel, utilities, online purchases, and office-related expenses. Cardholders can also enjoy features like reward points, contactless payments, fuel surcharge waiver, and EMI conversion on eligible transactions. Along with simplifying cash flow management, the card provides added security and convenience through digital payment support and account management services, making it a practical choice for handling regular business expenses efficiently.
Key Takeaways:
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.
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.
As an HDFC Biz Grow Credit Card holder, you can get discounts on 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.
HDFC Biz Grow Credit Card 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.
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.
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.
These benefits make travelling more comfortable and stress-free, especially for business professionals who are always on the move.
Additionally, the card is EMV chip-enabled, providing extra security against fraud and unauthorised transactions.
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:
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
The eligibility criteria to apply for this credit card are as follows:
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:
Missed credit card payments can incur fees. The late payment fee can be described in a tabular form based on the outstanding amount
Before getting the credit card, one must be aware of the fee levied. The number of charges is as follows.
Each credit card has its advantages and disadvantages. A comparison will be helpful to choose:
*T&C Apply
This card provides a lot of insurance coverage to safeguard business money:
Note: The insurance premium is ₹3,785 per year, which can be increased per the business requirements.
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:
2. Navigate to the 'Pay' Section:
3. Select 'Business Credit Cards':
4. Choose the 'Biz Grow Credit Card':
5. Initiate the Application Process:
6. Identify Yourself:
7. Confirm Your Details:
8. Choose Your Card:
9. Submit Your Application:
10. Await Confirmation:
Additional Tips
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
For Payment of GST:
Cash points can be redeemed in the following ways:
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.
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.
Before applying, evaluate various credit cards based on key features like reward points, cashback rates, annual fees, HDFC Biz Grow Credit Card interest rates, and network compatibility (Visa, MasterCard, HDFC Biz Grow Credit card RuPay).
Every credit card has different eligibility requirements, such as minimum income, employment type, and credit score. Ensure you meet these criteria before applying.
If you are an existing HDFC Bank customer, you may qualify for a pre-approved credit card, allowing for faster approval with minimal documentation.
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.
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.
While making the minimum payment helps avoid late fees, it’s best to clear the full amount each month to avoid accumulating interest.
Keeping your credit usage below 30% of your total credit limit is advisable to maintain a good credit score.
If you pay your balance in full each month, you can take advantage of the interest-free period and avoid paying any extra charges.
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.
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.
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!
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.
Is there HDFC BIZ Grow credit card lounge access available?
The HDFC BIZ Grow Credit card lounge access is available. This card offers complimentary domestic airport lounge access, subject to the card's spending-based eligibility criteria and the terms set by HDFC Bank.
What is the HDFC Biz Grow credit card reward points value?
Reward points are earned on eligible business spends and can be redeemed through HDFC Bank's rewards portal. The redemption value depends on the reward category and redemption option selected.
What are the benefits of a Biz Grow credit card?
The card offers reward points, domestic lounge access, contactless payments, fuel surcharge waiver, EMI conversion, expense management features, and business-friendly payment convenience for eligible transactions.
What is the annual fee for the Biz Grow credit card?
The HDFC Biz Grow Credit Card has an annual membership fee of ₹500 plus applicable taxes, with fee waiver benefits available upon meeting the bank's annual spending criteria.
Which card is better, Biz Grow or Biz First?
Biz Grow is suitable for small businesses seeking affordable business benefits, while Biz First is better for higher business spending, offering premium rewards and additional privileges. The better choice depends on your business expenses and usage patterns.
Other Credit Cards | ||
