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BOBCARD Empower Credit Card VS myBiz ICICI Bank Business+ Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.

Features

BOBCARD Empower Credit Card
BOBCARD Empower Credit Card
myBiz ICICI Bank Business+ Credit Card
myBiz ICICI Bank Business+ Credit Card

Fees & Charges

Joining Fee
Nil
₹2,500 + GST
Renewal Fee
₹250 + GST
Nil
Spend Based Waiver
Annual renewal fee is waived off if you spend ₹50,000 or more in the previous anniversary year.
Not applicable
Foreign Transaction Fees
3.5% of the total transaction amount.
3.5%
Interest Rate (APR)
3.49% per month.
3.67% monthly (equivalent to 44% yearly)

Rewards & Benefits

Welcome Bonus
Earn 500 Reward Points on spending ₹5,000 within 60 days of card issuance.
Receive 2500 myBiz Cash, flat ₹750 off on domestic/int'l flights & ₹1,500 off on hotel bookings.
Rewards Rate
Earn 1 Reward Point for every ₹100 spent on all eligible Merchant Category Codes.
Earn 1.25-4 myBiz Cash for every ₹200 spent, with highest rates on MMT myBiz flights/hotels.
Reward Type
Reward Points
Reward Points
Reward Redemption Fee
Nil
₹99

Travel & Lifestyle

Domestic Lounge Access
2 complimentary domestic airport lounge visits per quarter at participating lounges in India.
International Lounge Access
1 complimentary visit per year to an international airport lounge worldwide.
Travel Benefits
Discounts/offers on MMT myBiz bookings, no booking fees on hotels, no rescheduling on domestic flights.
Movie Benefits
Not applicable
Dining Benefits
Not applicable
Golf Benefits
Not applicable
Fuel Surcharge Waiver
1% waiver on fuel transactions between ₹400 and ₹5,000, capped at ₹250 per statement cycle.
1% surcharge waiver across all petrol pumps

Security & Other

Insurance Benefits
Air accidental death cover worth ₹15 lakhs and non-air accidental death cover worth ₹5 lakhs.
Not applicable
Cash Advance Charges
2.5% (min ₹300) domestic, 3% (min ₹300) international.
2.5% or a minimum of ₹300
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Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

BOBCARD Empower Credit Card

myBiz ICICI Bank Business+ Credit Card

Who is it for?

The BOBCARD Empower Credit Card is tailored for proprietors and self-employed individuals, providing a smart solution for managing business expenses. It offers a zero joining fee, affordable renewal fee with waiver options, and a decent reward rate redeemable as cashback. Cardholders also benefit from complimentary insurance covers, fuel surcharge waivers, and features for tracking employee spends and simplifying bill settlements, making it an accessible business partner.

Who is it for?

The myBiz ICICI Bank Business+ Credit Card is tailored for business and travel, offering myBiz Cash rewards redeemable on MakeMyTrip. It has a one-time joining fee offset by welcome benefits, effectively making it lifetime-free. Enjoy travel perks like lounge access and discounts on flight/hotel bookings, ideal for frequent business travelers.

Pros

Key benefits and features.

An excellent choice for small business owners managing their finances efficiently.

Facilitates convenient tracking of all card spends and simplifies bill payments.

Provides valuable insurance benefits for accidental death cover for cardholders.

Offers up to 50 days of interest-free credit to support diverse business needs.

Enjoy a personalised card look and contactless payments for added convenience.

Pros

Key benefits and features.

Features only a one-time joining fee, with no renewal charges.

Welcome benefits provide an equal value in myBiz Cash, effectively waiving the first year's fee.

Offers complimentary domestic and international airport lounge access.

Provides accelerated rewards for travel bookings made via MakeMyTrip myBiz.

Offers a valuable 1% fuel surcharge waiver across all petrol pumps, reducing fuel costs.

Cons

Key drawbacks and limitations.

The general reward rate of 0.25% cashback on most spends is relatively low.

Lacks any premium travel benefits, including domestic or international lounge access.

The foreign currency markup of 3.5% can be quite high for international transactions.

Fuel surcharge waiver is capped at ₹250 per month, limiting potential savings.

Welcome benefits are modest, offering only 500 reward points for initial spends.

Cons

Key drawbacks and limitations.

Its benefits are heavily concentrated on travel bookings through MMT myBiz, limiting broader appeal.

A rewards redemption fee of ₹99 applies, which can reduce the overall value of earned points.

A foreign currency markup of 3.5% is charged on international transactions, increasing overseas spend costs.

How We Compare These Cards

Every comparison on CardsForYou is built from the same verified data set we use across the site - joining and renewal fees, reward rates, forex markup, lounge access, and insurance benefits - sourced directly from each issuer and refreshed regularly. We highlight the lower-cost option on fees automatically, but "best" always depends on your own spending pattern: a card that wins on annual fee may lose on reward rate for a heavy spender, and vice versa. Use the table above alongside your own typical monthly spend to judge real value, not just the headline numbers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.