Best Credit Card for Businessman in India

Best Credit Card for Businessman in India

Regular credit cards and business credit cards are extremely similar; however the latter are only used for company spending, not for personal usage. With the credit needs of companies in mind, most of India's major card issuers now provide business credit cards. These, like ordinary credit cards, are available in a variety of categories such as travel, rewards, utilities, and many more. Both a lot of people and a lot of people do not know what business credit cards are. Although some individuals are aware of the phrase, they are unsure of how to obtain one card for their company. Finding the top business credit cards in India and separating them into those that are suitable for your industry might be difficult.

This comprehensive essay about company credit cards is intended to assist you with all of these issues. You may discover a list of the best business credit cards for small business, together with information about their features and perks, eligibility requirements, application procedure, and so on. This will assist you in determining which appears to be the greatest fit for you in terms of best business credit card offers.

1. Business Credit Card From SBI

The SBI Prime Business Credit Card Is The Right Choice For You If Your Monthly Costs Are Many And Consistent. It Provides A Yearly Cost Of 2,999 Paid Once. Furthermore, The Card's Annual Renewal Charge Remains At $2,999 Beginning With The Second Year.

Important Characteristics:

• Creditworthy Customers Who Pay Off Their Previous Month's Outstanding Debt Receive An Interest-Free Credit Term Of 20-50 Days. Please Keep In Mind That This Deal Is Only Valid On Retail Purchases.
• Additionally, You Are Eligible For Four Free Annual Trips To Foreign Priority Pass Lounges Outside Of India.
• You Also Receive 8 Free Visits Every Year To Mastercard Lounges In India.

2. HDFC Diners Club Black

HDFC Diners Club Black and HDFC Infinia are both HDFC Bank's super-premium credit cards. A fantastic reward rate, unrestricted access to airport lounges, round-the-clock concierge service, golf privileges, and insurance coverage are all included with HDFC Diners Club Black. For instance, you may get five points for every Rs. 150 you spend on retail, 10 times as many points on certain partner brands, and twice as many points when you dine out on the weekends.

Several of HDFC Diners Club Black's highlights are listed below:

• Primary and secondary cards will receive unrestricted airport lounge access to over 1000 lounges in India and across the world.
• Your foreign expenditure cap may be established using the online banking feature.
• The Concierge service is available 24 hours a day, 7 days a week to receive your requests for golf course reservations, vehicle rentals, meal reservations, hotel reservations, and so on.

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3. YES, prosperity business credit card

A card that meets all of a businessperson's demands is the YES Prosperity Business Credit Card. The varied services it provides - lounge access, vacation vouchers, golf courses, and so on - are one of the reasons it appeals to company owners all across India.

Important characteristics:

• Additionally, cardholders have unique access to the MasterCard lounge access programme, which grants them two complimentary passes to domestic lounges each quarter.
• The yearly charge and renewal fee are both set at $2499, making them affordable for both small and large organizations.
• For every Rs. 6 lakh you spend in a year, you can get 10,000 reward points if you're a large spender.

4. Axis Bank miles and more credit card rewards

Look no farther than the Axis Bank miles and more credit cards for the finest credit card to take advantage of travel advantages on business travels. With this card, you may earn miles and receive some enticing travel deals.

Important characteristics:

• Join the Axis Bank miles and more globe credit card today to receive reasonably discounted annual joining and renewal fees of 3,500 plus taxes.
• You must also pay an annual joining cost of 10,000 plus taxes, as well as renewal fees of 4,500 plus taxes, for the Axis Bank miles and more choice credit card.
• For the select card, users are entitled to four free trips per year to priority pass lounges.

5. HSBC VISA Platinum Credit Card

The card with no annual or application fees, offers a plethora of savings, incentives, cashbacks, and other benefits.

Important characteristics:

• Earn 5 times the rewards on purchases after spending INR 4 lakhs in a year.
• When you shop at participating Extra partners, you can earn extra reward points.
• Once the transaction is logged on the HSBC Systems, regular reward points will be automatically credited. The additional benefits, however, would be credited at the conclusion of the purchase month within 2 months.

6. Kotak Corporate Credit Card

From savings chances to more control over staff spending, Kotak's business credit card for startups is jam-packed with benefits meant to influence corporate customers. The card, which is offered in Gold and Platinum versions, offers a practical means of covering bills.

Important characteristics

• The card waives the 2.5% fuel levy at all petrol stations in India.
• For a period of six months following the date of purchase, all transactions done with a credit card are covered. The cardholder may file a claim for insurance on the item up to Rs. 50,000 in the event that it is lost due to theft or fire.
• Employees' credit limits are set by the company, giving them more access to and control over their spending.

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