Business Credit Cards Online

Business Credit Cards: How They Benefit Your Business

Propel your business forward with our range of Business Credit Cards. Know the benefits that await you:

• Financial Flexibility  

Our Business Credit Cards are tailored to provide the financial flexibility to help you manage your everyday expenses and cover unwarranted costs.  

• Expense Management 

You can streamline your business finances with our Business Credit Cards by managing and analysing spendings. 

• Customised Spending Limits 

You can take control of your business expenses by setting personalised spending limits. You can do so by using HDFC Bank’s PayZapp, NetBanking, Mobile Banking and MyCards.  

• Get Rewarded 

Earn rewards with every business transaction. Whether it's cashback or reward points, our rewards programmes help add value to your business spending. 

• Build Business Credit 

Consistent and responsible use of our Business Credit Cards can contribute positively to your business credit score, opening doors to better financing options in the future. 

• Travel Benefits 

Businesses with frequent travel needs can enjoy travel-related perks such as airport lounge access, insurance, flight vouchers, etc., making business trips more cost-effective and enjoyable. 

• Dining Benefits 

You can enjoy attractive discounts on dining out via Swiggy Dineout with select HDFC Bank Business Credit Cards.  

• Emergency Cash Access 

Whether you're travelling abroad or facing unexpected expenses, our Business Credit Cards provide a safety net for urgent financial needs. 

• Consolidated Payments 

You can pay for all your business expenses for a particular period via a Credit Card bill payment. This makes it easier for you to track and manage your expenses. 

Documents Required to Apply for a Business Credit Card 

The following documents are required for the Business Credit Card application:

• Business owner’s ID and address proof 
• Business address proof 
• Business registration proof 
• Bank statements 
• Income proof of business 
• Proof of business continuity 

How to Use Your Business Credit Card Wisely 

Make the most of your Business Credit Cards with these tips: 

• Choose the Right Card for You 

HDFC Bank offers a wide range of Business Credit Cards you can choose from. Select the one that closely meets your business needs; check the eligibility and annual charges.  

• Set Spending Limits 

Establish clear guidelines for card usage within your organisation. Define which expenses are allowed and set spending limits for employees if necessary.

• Track Transactions Regularly 

Keep a close eye on your card transactions through HDFC Bank’s online banking channels to identify unauthorised or unusual transactions. 

• Pay the Full Balance on Time 

Avoid interest charges by paying your Credit Card bill in full before the due date. Ensure a positive credit history and avoid debt accumulation. 

• Maximise Savings With Rewards 

You can take advantage of reward points and cashback and save more on your spends. For instance, you can redeem your reward points into airmiles and get discounted airfare for business travel. 

• Take Advantage of Interest-Free Period 

Time your purchases after the Credit Card bill generation date to make use of the full interest-free period.  

• Familiarise Yourself With the Card’s Terms and Charges 

Read the terms and conditions of your Business Credit Card, including interest rates, fees, and any applicable penalties. Being cognizant of these details helps you avoid unexpected costs. 

• Consider Automating Payments 

Set up automatic payments to ensure that you never miss a due date. This way, you can avoid late payment fees and potential impact on credit score. 

• Review Your Credit Report from Time to Time 

Check your business credit report regularly to address any discrepancies promptly. Monitoring your credit helps you identify and correct any issues that may affect your creditworthiness. 

FAQs

What is a Business Credit Card?

A Business Credit Card is a financial tool designed for business expenses. Like a regular Credit Card, you can make purchases and pay for those purchases later in the form of Credit Card bills. Business Credit Cards provide a convenient way for businesses to manage their expenses, make purchases, and separate business transactions from personal finances. 

Who is eligible for a Business Credit Card?​​​​​​​

Businesses, self-employed individuals, etc., can apply for a Business Credit Card provided they fulfil the card issuer’s eligibility criteria. 

How to apply for a Business Credit Card?

You can apply for a Business Credit Card online on the card issuer’s website. For HDFC Bank’s Business Credit Card, you can get started here. Choose the Credit Card variant and fill out the online application form or connect with customer support.  

What is the credit limit on a Business Credit Card?

The credit limit on a Business Credit Card can vary widely depending on several factors, including the financial health of the business, the business owner's credit history, and the card issuer's policies. 

Can I use a Business Credit Card for personal expenses?

Typically, using a Business Credit Card for personal expenses is not recommended. For instance, combining personal and business expenses may make it difficult to report business-related expenses for tax purposes. Make sure you check the terms and conditions of your specific Credit Card agreement.