Incredible Benefits of Having a Business Credit Card

Whether you run a sole proprietorship, self-employed professional, merchant or a freelancer; you can benefit from using a business Credit Card in many ways. In essence, a business Credit Card is akin to a personal Credit Card, except it’s for business expenses. 

Let’s look at how you can benefit from a business Credit Card: 

1. Build company credit 

A business Credit Card gives your business the opportunity to build a good credit score. A good credit score is beneficial and crucial for future growth and helps qualify for other financing options such as loans. 

2. Increase the cash flow of your business    

Irrespective of the nature of your business or its size, cash flow is extremely important and a priority. With a business Credit Card, you can easily open up a line of credit for your business and increase cash flow. You can purchase supplies, materials, equipment etc., at ease and enjoy a relaxed payment period. 

Furthermore, the higher the income of your business, the higher your credit limit, which gives you more room to improve cash flow. 

3. Helps keep your business and personal expenses separate

It’s easy and convenient to swipe one Credit Card for both your personal and business expenses. But from a good bookkeeping point of view, you should keep both expenses separate. This is especially helpful during tax season; not only does it get computed separately, but it also doesn’t leave your accountant sifting through numerous transactions and sorting them out. And more than anything, it makes tracking expenses easy. 

Read more on how Credit Cards are the one stop solution for your business transactions today.

4. Enjoy exclusive business benefits with new range of Business Credit Cards

HDFC Bank Business Credit Card offer you the following advantage:  

  • Up to 55 days of interest-free credit period 

  • Up to 21% savings on business spends annually 

  • Accelerated Reward Points/Cash Points on Bill Payments, Income Tax, Vendor & GST Payments, Business travel & software purchase​​​​​​. 

  • ​ Reward Points/Cash Points for every Rs 150 you spend 

  • Additional benefit – exclusive vouchers / Bonus Points as Welcome and Milestone offer, complimentary lounge access, Golf games access across the finest course, fuel surcharge waiver, dining benefits, Reward Points on hotel and airline booking,  

  • Easy Access to EMI, Pre-approved Instant Loan & Cash Withdrawal 

  • Specially curated Business insurance package as per your business needs 

  • Smartbuy BizDeals - Dedicated platform for your business purchases, Enjoy discounted offers on your Business travel & productivity softwares. 

  • Exclusive SmartBuy Portal for offers and Reward redemption 

5. Keep tabs on spends 

A Business Credit Card lets you keep track of purchases and expenditures anyone makes using the online portal. Similarly, rather than handing cash which can easily go unaccounted for, a business Credit Card helps you keep tabs on how much is spent and on what. 

With easy eligibility, minimal documentation and a host of benefits and features, there’s no reason to wait to apply for your your business Credit Card. So, check out HDFC Bank's wide array of business Credit Cards. ​​​​​​​

*Terms and conditions apply. Credit Card approvals at the sole discretion of HDFC Bank limited. Credit Card approvals is subject to documentation and verification as per Banks requirement.