What's special about us
Enjoy Zero Charges on All Commonly Used Savings Account Services
- About Us
- MD & CEO letter about the bank
- MD & CEO
- Our History
- Letter to Shareholders on the 1st Annual Report after Merger
- Letter to Shareholders on the 2nd Annual Report after Merger
- Letter to Shareholders on the 3rd Annual Report after Merger
- Letter to Shareholders on the 4th Annual Report after Merger
- Board of Directors
- Awards & Accolades
- News Room
- Investors
- Careers
- ESG
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As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
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FIRST Business Credit Card,
Business expense management just got smarter
Joining Fee: ₹499 + GST
Annual Fees (2nd year onwards): ₹999 + GST
Some of the Credit Card features have been revised, effective 1st May 2024.
To view the list of revised features, Click here.
We truly walk the talk
Designed with entrepreneurs like you in mind
This is not just a feel-good statement; we deliver solutions tailored for your business
Get the flexibility to
choose what works best for your business needs
Pay less interest
Interest rate*
Year 1 (Introductory Offer): 1.5% p.m.
Year 2 onwards: 2% p.m.
Industry average: 2% - 3% p.m.
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Rewards on foreign currency transactions
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Rewards on Business Utility & Digital Advertising
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Rewards on Rentals, Restaurants & Utility
Earn high rewards
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Rewards on foreign currency transactions
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Rewards on Business Utility & Digital Advertising
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Rewards on Rentals, Restaurants & Utility
Interest Rate: 3% p.m.
Fees applicable on
each Credit Card
₹499/-
Joining Fees
₹999/-
Annual Fees
(2nd year onwards)
Benefits
Easy cash management
- Affordable EMI options starting as low as 1.5% p.m.
- Single view of your business expenses
- Make secure digital payments
Simplify expense management
- Access interest-free credit for 48 days
- Get employee cards for seamless business payments
- Receive comprehensive annualized statements
Unlock unlimited rewards
- Up to 10X Reward Points
- 5000 Reward Points on spend of ₹10 Lakh/year & extra 10,000 on spending an additional ₹10 Lakh/year
*Categories not part of Bonus Rewards : Rental & Property Management.
Elevate your travel
- Low forex mark-up at just 1.99%
- 2 complimentary airport lounge visits per quarter*
- Personal and travel insurance cover of up to ₹10 Lakh
*For more information refer to FAQs
FAQs
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How to apply for the FIRST Business Credit Card?
To apply for the IDFC FIRST Business Credit Card, please visit your nearest IDFC FIRST Bank branch and/or contact your relationship manager.
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What is the best business credit card?
The FIRST Business Credit Card provides accelerated rewards with low interest rates and bespoke features to meet specific requirements of small businesses.
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How are business credit cards issued in India?
Business owners can obtain the FIRST Business Credit Card with minimal documentation.
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Is it difficult to get a business credit card?
Business owners can obtain a FIRST Business Credit Card effortlessly, more so if you are an existing IDFC FIRST Bank customer and hold a current account with us.
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How do you select the right business credit card?
Look for business credit cards with minimal documentation, simple application process, benefits that are best suited to your business needs, low fees and interest rates, low forex markup fees, and accelerated reward points linked to business spends.
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Is there a joining/membership fee for FIRST Business Credit Cards?
Following are the fees for FIRST Business Credit Cards:
Joining Fee: ₹499 + GST
Annual Fee: ₹999 + GST (2nd year onwards) -
What is the interest rate levied if there is a delay/non-payment of my credit card dues?
The interest rate is applicable only on revolving balances, i.e. if you choose to pay less than your total amount due and carry over the balance, beyond your payment due date. The FIRST Business offers an interest rate of 2% per month (Introductory -1.5% per month for 1st year) and FIRST Business – Rewards offers an interest rate of 3% per month.
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What are the minimum FIRST Business Credit Card Rewards I need to start redeeming?
You do not need a minimum number of reward points to start redeeming your rewards.
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Are there any charges for redemption of reward points?
No, there are no charges for reward redemption.
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What are forex markup fees?
Most credit cards levy a foreign currency markup typically between 2-3% on international transactions. The FIRST Business Credit Card has a very low forex markup fee of 1.99%.
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Can cards be issued to employees/company staff?
Yes, the FIRST Business Credit Card can be issued to employees/staff upon request by the organisation. The application must be done via a digital journey, which includes verification of the employee’s KYC documents.
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How does the FIRST Business Credit Card help in managing cash flow?
The FIRST Business Credit Card an interest-free period up to 48 days. Cardholders also enjoy a low interest rate, starting from 2% per month.
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What is the monthly minimum amount payable on my FIRST Business Credit Card?
The minimum monthly payable amount will be mentioned on your card statement, delivered to your registered e-mail address. The minimum amount due is 10% of the total outstanding amount.
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How many airport lounge visits can I avail?
2 complimentary airport lounge visits (either domestic or international) per quarter. Ensure monthly spends of ₹20,000 to avail lounge access.
To apply for the IDFC FIRST Business Credit Card, please visit your nearest IDFC FIRST Bank branch and/or contact your relationship manager.
The FIRST Business Credit Card provides accelerated rewards with low interest rates and bespoke features to meet specific requirements of small businesses.
Business owners can obtain the FIRST Business Credit Card with minimal documentation.
Business owners can obtain a FIRST Business Credit Card effortlessly, more so if you are an existing IDFC FIRST Bank customer and hold a current account with us.
Look for business credit cards with minimal documentation, simple application process, benefits that are best suited to your business needs, low fees and interest rates, low forex markup fees, and accelerated reward points linked to business spends.
Following are the fees for FIRST Business Credit Cards:
Joining Fee: ₹499 + GST
Annual Fee: ₹999 + GST (2nd year onwards)
The interest rate is applicable only on revolving balances, i.e. if you choose to pay less than your total amount due and carry over the balance, beyond your payment due date. The FIRST Business offers an interest rate of 2% per month (Introductory -1.5% per month for 1st year) and FIRST Business – Rewards offers an interest rate of 3% per month.
You do not need a minimum number of reward points to start redeeming your rewards.
No, there are no charges for reward redemption.
Most credit cards levy a foreign currency markup typically between 2-3% on international transactions. The FIRST Business Credit Card has a very low forex markup fee of 1.99%.
Yes, the FIRST Business Credit Card can be issued to employees/staff upon request by the organisation. The application must be done via a digital journey, which includes verification of the employee’s KYC documents.
The FIRST Business Credit Card an interest-free period up to 48 days. Cardholders also enjoy a low interest rate, starting from 2% per month.
The minimum monthly payable amount will be mentioned on your card statement, delivered to your registered e-mail address. The minimum amount due is 10% of the total outstanding amount.
2 complimentary airport lounge visits (either domestic or international) per quarter. Ensure monthly spends of ₹20,000 to avail lounge access.
