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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.
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Last updated: 21 July 2026

Both BOBCARD Empower Credit Card and myBiz ICICI Bank Business+ Credit Card suit business-focused spenders, but they earn and cost differently. BOBCARD Empower Credit Card is lifetime-free and earns 1 Reward Point for every ₹100 spent on all eligible Merchant Category Codes. myBiz ICICI Bank Business+ Credit Card costs ₹2,500 + GST and earns 1.25-4 myBiz Cash for every ₹200 spent, with highest rates on MMT myBiz flights/hotels. BOBCARD Empower Credit Card also brings air accidental death cover worth ₹15 lakhs and non-air accidental death cover worth ₹5 lakhs, while myBiz ICICI Bank Business+ Credit Card counters with 2 complimentary domestic airport lounge visits per quarter at participating lounges in India. If business spending matters more, go with BOBCARD Empower Credit Card; if travel is the priority, myBiz ICICI Bank Business+ Credit Card fits better.

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

Fees & Charges

Joining FeeFree (1st year)
Joining Fee₹2,500 + GST
Renewal Fee₹250 + GST
Renewal FeeFree (1st year)
Spend Based WaiverThe annual/renewal fee is waived on spending ₹50,000 or more in the previous anniversary year.
Spend Based Waiver
Foreign Transaction Fees3.5% of the total transaction amount.
Foreign Transaction Fees3.5%
Interest Rate (APR)3.75% per month (45% per annum).
Interest Rate (APR)3.67% Monthly (44% Yearly)

Rewards & Benefits

Welcome BonusEarn 500 Reward Points on spending ₹5,000 or more within the first 60 days of card issuance.
Welcome Bonus2500 myBiz Cash, ₹750 off on 7 flight bookings, ₹1500 off on 7 hotel bookings.
Rewards Rate5 Reward Points for every ₹100 on utility payments (max 1,000 points/cycle); 1 Reward Point for every ₹100 on other retail spends.
Rewards RateEarn up to 4 myBiz Cash per ₹200 on myBiz app/website bookings; 1.25-1.5 myBiz Cash on other spends.
Reward TypeReward Points
Reward TypeReward Points
Reward Redemption FeeNil
Reward Redemption Fee₹99

Travel & Lifestyle

Domestic Lounge Access
Domestic Lounge Access2 complimentary domestic airport lounge visits per quarter at participating lounges in India.
International Lounge Access
International Lounge Access1 complimentary visit per year to an international airport lounge.
Travel Benefits
Travel BenefitsDiscounts on flights/hotels, no booking/rescheduling fees, complimentary meals on domestic flights via myBiz.
Movie Benefits
Movie Benefits
Dining Benefits
Dining Benefits
Golf Benefits
Golf Benefits
Fuel Surcharge Waiver1% waiver on transactions ₹400-₹5,000, capped at ₹250/month. GST applicable.
Fuel Surcharge Waiver1% surcharge waiver across all petrol pumps

Security & Other

Insurance BenefitsComplimentary insurance covers (details not specified).
Insurance Benefits
Cash Advance Charges2.5% of withdrawn amount or ₹500, whichever is higher.
Cash Advance Charges2.5% 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 designed for proprietors, self-employed individuals, and small businesses to manage expenses efficiently. It offers a zero joining fee, waivable annual fee, and a decent reward rate with accelerated points on utility payments. Key benefits include a 1% fuel surcharge waiver, up to 50 days interest-free credit, and features for business convenience like expense tracking and streamlined bill settlement, making it an excellent choice for basic credit requirements.

Who is it for?

The myBiz ICICI Bank Business+ Credit Card is an affordable business credit card specifically designed to cater to business and travel requirements. It offers a competitive reward rate on travel, complimentary airport lounge access, and discounts on travel bookings. Ideal for businesses that frequently book travel, it comes with no renewal fees after the first year, making it a cost-effective choice for corporate travel management.

Pros

Key benefits and features.

Zero joining fee and an annual fee that is easily waived with moderate spending.

Earn 5X Reward Points on utility payments, maximizing savings on essential bills.

Benefit from up to 50 days of interest-free credit, aiding business cash flow management.

Includes a 1% fuel surcharge waiver, providing savings on regular fuel expenses.

Offers business-centric features like expense tracking and personalized card embossing.

Pros

Key benefits and features.

Enjoy a one-time joining fee with no renewal charges from the second year onwards.

Earn high rewards and accelerated myBiz Cash on all travel bookings via myBiz MMT.

Benefit from complimentary access to both domestic and international airport lounges.

Cons

Key drawbacks and limitations.

Lacks premium lifestyle benefits such as lounge access, movies, dining, or travel perks.

Reward points are not earned on fuel transactions, limiting overall reward accumulation.

Details regarding the complimentary insurance covers are not explicitly specified.

A slight discrepancy in the stated annual fee (₹250 + GST vs. ₹500) exists.

Cons

Key drawbacks and limitations.

Benefits are largely concentrated on myBiz MMT travel bookings, limiting broader utility.

A foreign currency markup of 3.5% applies to international transactions, increasing costs.

A redemption fee of ₹99 is charged for converting myBiz Cash, reducing overall value.

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.
Apply for BOBCARD Empower Credit Card(opens in new tab)Apply for myBiz ICICI Bank Business+ Credit Card(opens in new tab)