HDFC Bank BizGrow Credit Card VS HDFC Bank Business MoneyBack Credit Card
Both HDFC Bank Business MoneyBack Credit Card and HDFC Bank BizGrow Credit Card suit business-focused spenders, but they earn and cost differently. HDFC Bank Business MoneyBack Credit Card costs ₹500 + GST and earns 4 Reward Points on every ₹150 spent online and 2 Reward Points on all other categories. HDFC Bank BizGrow Credit Card costs ₹500 + GST and earns up to 4% savings on utility, IT, and GST payments through accelerated rewards. HDFC Bank BizGrow Credit Card also brings welcome voucher worth ₹250. Weigh the fee against the reward rate above to see which fits your spending pattern better.
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
HDFC Bank BizGrow Credit Card
HDFC Bank Business MoneyBack Credit Card
Who is it for?
Who is it for?
Pros
Key benefits and features.
The HDFC Bank BizGrow Credit Card offers up to 4% savings on key business expenses.
Enjoy a 1% fuel surcharge waiver, making daily commutes more economical for cardholders.
The card provides up to 55 days of interest-free credit, aiding cash flow management.
Benefit from a welcome voucher worth ₹250, adding initial value to the HDFC BizGrow card.
Pros
Key benefits and features.
Generous Reward Structure with 4x online points & 5% cashback on utilities/taxes.
Dining benefits offering up to 20% savings via Swiggy Dineout enhance lifestyle value.
Annual fee waiver on ₹50,000 spend makes the card more economical for businesses.
Security benefits like zero lost card liability ensure peace of mind for cardholders.
No-Cost EMI options provide flexibility for substantial business expenditures.
Cons
Key drawbacks and limitations.
The HDFC Bank BizGrow Credit Card has a foreign currency markup of 3.5%, which is high.
A reward redemption fee of ₹99 is charged, reducing the overall value of earned points.
The card lacks specific benefits for categories like movies, dining, or travel.
Cash advance charges are 2.5% or ₹500, whichever is higher, making cash withdrawals costly.
Cons
Key drawbacks and limitations.
A ₹99 + taxes redemption fee per request diminishes the value of smaller reward redemptions.
High foreign currency markup of 3.5% makes international transactions quite expensive.
The high monthly interest rate of 3.6% (43.2% p.a.) makes carrying a balance costly.
Lack of welcome benefits means no initial bonus points or perks upon card activation.
No travel or lifestyle benefits like lounge access or golf, which might disappoint some users.