HDFC BizGrow Credit Card Review
The HDFC BizGrow is a business credit card aimed at small businesses that pay taxes, GST and bills through HDFC’s platforms. It earns 10X CashPoints on those payments, which most cards exclude.
The 10X rate has two conditions — ₹10,000 of qualifying spend in the statement cycle and a 1,500-point cap per cycle — so it works best for businesses with steady monthly tax and bill payments.
- 10X CashPoints on income tax, GST and bill payments
- Points worth up to ₹0.25 on statement credit
- 2,000 CashPoints milestone each quarter at ₹1 lakh
- Discounts on MMT MyBiz flights and hotels
- Low ₹500 fee, waived at ₹1 lakh
- 10X needs ₹10,000 qualifying spend per cycle
- 10X capped at 1,500 CashPoints per cycle
- Base rate is low (2 per ₹150, about 0.33%)
- No lounge access
- 1% fees on rent and large utility and fuel payments
Fees and charges
| Item | Detail |
|---|---|
| Annual fee | ₹500, waived on ₹1 lakh spend in 12 billing cycles |
| Forex markup | 3.5% |
| Catalogue redemption | ₹99 + GST |
| Fuel surcharge waiver | 1% on ₹400–₹5,000, up to ₹250 a cycle |
| From Aug 2024 | 1% fee on rent, on fuel above ₹30,000 and utilities above ₹75,000 per transaction, and on education paid through third-party apps (each capped at ₹3,000) |
Rewards: how the card earns
| Spend | CashPoints | Conditions |
|---|---|---|
| Base | 2 per ₹150 | Excludes fuel, wallet, rent, education, EMI |
| 10X categories: bill payments via PayZapp/SmartPay, income tax, GST, DMart, ClearTax, MMT MyBiz hotels and flights, software via SmartBuy BizDeals | 20 per ₹150 | Needs ₹10,000 qualifying spend per statement cycle; capped at 1,500 per cycle |
| Utilities and telecom | Capped at 2,000 a month each | — |
Redeem against the statement at 100 CashPoints = up to ₹25.
What earns nothing
Fuel, wallet loads, rent, education and EMI transactions earn no CashPoints.
Other benefits
| Benefit | Detail |
|---|---|
| Welcome | ₹250 voucher on activating the card within 37 days |
| Quarterly milestone | 2,000 CashPoints on ₹1 lakh spend in a quarter |
| Travel | Up to 3% off flights and 4% off hotels on MMT MyBiz |
| Dining | Extra 10% off through Swiggy Dineout |
| Insurance | Optional paid business-insurance package only |
Eligibility
Issuer
HDFC Bank
For
Self-employed professionals and business owners
Age
21–65
Income
ITR above ₹6 lakh a year
Who this card is for
- Good fit: small businesses that pay ₹10,000+ a month of tax, GST or bills through HDFC’s platforms.
- Skip if: your business spending does not run through the 10X channels — the base rate is low.
Alternatives worth comparing
- HDFC BizFirst — entry business card
- Best cards for tax payments
- Best business credit cards
- GST input credit on business cards
Final verdict
One of the few cheap cards that rewards tax and GST payments. If your business has steady monthly payments through HDFC’s channels, it can return several thousand rupees a year for a ₹500 fee that you will likely get waived.
Frequently asked questions
What is the BizGrow annual fee?
₹500 + GST, waived if you spend ₹1 lakh in 12 billing cycles.
How does the 10X reward work?
Qualifying spends such as income tax, GST and bill payments via PayZapp or SmartPay earn 20 CashPoints per ₹150, once you have ₹10,000 of such spends in the cycle, up to 1,500 CashPoints per cycle.
How much is a CashPoint worth?
Up to ₹0.25 when redeemed against the statement.
Does it include business insurance?
Only as an optional paid package.
Who can apply?
Self-employed individuals aged 21–65 with ITR above ₹6 lakh.
Last verified: October 2026, against HDFC Bank’s business card terms and fees schedule. Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.