HDFC Bank unveils business credit cards with 55-days interest free

The cards offer up to ten times rewards points on business spends.

India’s HDFC Bank has launched business range credit cards customised for business owners, entrepreneurs, and freelancers.

The credit cards will be available in 4 variants– BizFirst, BizGrow, BizPower, and BizBlack. It offers an interest-free credit cycle of 55 days, savings on core business spends like utility bills, GST, income tax, vendor payments, business travel, and business productivity tools.

“The new range of business credit cards is envisioned to cater to the requirements of the self-employed community including MSMEs, startups, professionals, and freelancers,” HDFC Bank wrote in a press release.

The cards also offer up to ten times rewards points on business spends, which include bill payments, tax payments, vendor payments, business travel, and business productivity tools.

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It also has a specially curated business insurance package in case of fire & burglary, and for cash in safe & transit, as well as for electronic equipment.

Customers can redeem the points in exclusive offers related to travel & hotels, Microsoft Offic 365, Amazon for Business, and Google ads, amongst others.

Apart from the four variants, HDFC Bank shared that it will soon launch a GIGA Business Credit Card for freelance and gig workers.