Top 10 Business Cards in India
03 Feb 2026 8 mins Credit Cards
In the dynamic world of entrepreneurship, managing finances efficiently is crucial for success. One of the most effective tools for businesses is a business credit card. They not only streamline expenses but also offer rewards, cashback, and benefits that can significantly enhance a company's cash flow. In this post, we will explore the best credit cards available in India tailored for businesses, helping you make informed financial decisions.
Understanding Business Credit Cards
Business credit cards are designed to meet the unique needs of businesses, whether small startups or larger enterprises. They typically offer higher credit limits than personal credit cards and may come with benefits like expense tracking tools, rewards programs, and travel perks. However, the right choice depends on individual business needs, spending patterns, and financial goals.
What to Look for in a Business Credit Card
Rewards and Cashback: Look for cards that provide generous rewards on business-related purchases. For instance, some cards offer 5% cashback on fuel and office supplies, which can lead to significant savings for frequent spenders.
Annual Fees: Compare annual fees and weigh them against the benefits offered. Some cards waive fees for the first year or offer fee waivers based on spending thresholds.
Interest Rates: Consider the interest rates for outstanding balances. A lower APR can save your business money, especially if you occasionally carry a balance.
Additional Benefits: Check for insurance, travel perks, and expense management tools. Features like travel insurance or rental car coverage can add significant value.
Top 10 Business Cards in India
1. HDFC Business Credit Card
The HDFC Business Credit Card is a popular choice among Indian entrepreneurs. It offers a variety of features, including:
Credit Limit: Higher credit limits tailored for business needs, starting from INR 1 lakh and going up based on the business's financial health.
Rewards Program: Earn 2 reward points for every INR 150 spent, which can be redeemed for gifts or travel, significantly boosting your reward accumulation.
Expense Management: Detailed statements and spending analysis tools that help track business expenses and categorize spending for better financial planning.
2. HDFC Business Regalia Credit Card
This premium offering from HDFC is designed for businesses that require extensive travel benefits. Key features include:
Airport Lounge Access: Complimentary access to over 1,000 airport lounges worldwide, which can enhance travel comfort for frequent flyers.
Insurance Coverage: Comprehensive travel insurance covering flight delays, baggage loss, and medical emergencies, providing peace of mind while traveling for business.
Rewards on Travel: Enhanced points on flight and hotel bookings, allowing businesses to maximize their travel-related expenses.
3. HDFC Business Moneyback Credit Card
Ideal for businesses looking for cashback benefits, this card provides:
Cashback Offers: Up to 5% cashback on select categories like dining and groceries, which can lead to substantial savings over time.
Flexible Payment Options: Choose to pay the minimum amount or the total outstanding, giving businesses the flexibility to manage cash flow effectively.
Reward Points: Convert points into cashback for more value, allowing businesses to redeem rewards in a way that suits their financial strategies.
4. ICICI Bank Business Credit Card
ICICI Bank offers a versatile business credit card that caters to various business needs. Its features include:
Customizable Credit Limits: Tailored to suit your business cash flow, which can be adjusted based on your spending patterns and needs.
Rewards Program: Earn 1 reward point for every INR 100 spent, redeemable for gifts and vouchers, helping businesses earn rewards on everyday purchases.
Fuel Benefits: Discounts and cashback on fuel purchases, which can be a significant cost for businesses with transportation needs.
5. SBI Business Credit Card
The State Bank of India provides a robust business credit card option with advantages such as:
Low Annual Fee: Affordable fee structure compared to competitors, making it accessible for small businesses.
Comprehensive Insurance: Coverage on travel and business-related expenses, including personal accident and fire insurance for business assets.
Exclusive Offers: Discounts on hotel bookings and travel services, enhancing the overall value for businesses that travel frequently.
6. Axis Bank Business Credit Card
Axis Bank’s offering is designed for businesses that prioritize high rewards on spending. Features include:
High Reward Points: Earn up to 5 reward points on every INR 200 spent, particularly beneficial for businesses with high transaction volumes.
Expense Management Tools: Tools to help track and manage business expenses, including real-time alerts and categorization of transactions.
Flexible Payment Terms: Options to suit varying cash flow needs, allowing businesses to manage their payments according to revenue cycles.
7. Kotak Mahindra Business Credit Card
This card is tailored for small to medium enterprises, offering:
Low Interest Rates: Competitive rates for outstanding balances, which can significantly reduce the cost of borrowing.
Rewards on Business Spending: Earn 1 reward point for every INR 150 spent, with additional points on specific categories like office supplies.
Expense Tracking: Easy tracking of business expenses through online portals, enabling better financial management.
8. Standard Chartered Business Credit Card
Standard Chartered provides a business credit card with a focus on travel benefits. Key features include:
Travel Insurance: Coverage on travel-related mishaps, including trip cancellations and lost luggage, which is essential for frequent business travelers.
Lounge Access: Access to airport lounges for business travelers, enhancing comfort during travel.
Reward Points: Earn points on travel and business-related purchases, which can be redeemed for flights, hotels, or shopping vouchers.
9. RBL Bank Business Credit Card
The RBL Bank card offers flexibility and high rewards, making it a strong contender. Benefits include:
Instant Approval: Quick application process with fast approval times, allowing businesses to access credit when needed.
Cashback Offers: Attractive cashback on select categories, enhancing the value for businesses that spend heavily in those areas.
Flexible Payment Options: Tailored repayment plans to suit business needs, with options to defer payments or set up EMIs.
10. Paytm Business Credit Card
For businesses frequently using Paytm, this card offers unique advantages:
Paytm Wallet Integration: Seamless integration with Paytm for easy payments, facilitating faster transactions.
Cashback Offerings: Earn cashback on transactions made through Paytm, which can be particularly beneficial for businesses that utilize the platform regularly.
Expense Management: Tools to manage expenses effectively, including detailed transaction history and categorization.
Business Credit Card Eligibility Criteria
Before applying for a business credit card, it’s essential to understand the eligibility criteria, which typically include:
Business Age: Most banks require a minimum business age of 1-3 years, ensuring the business has a track record.
Annual Turnover: A specified minimum turnover, often starting from INR 10 lakhs, which demonstrates the scale of business operations.
Credit Score: A good credit score (generally above 700) is crucial, as it reflects the business's creditworthiness.
Documentation: Valid business registration documents, financial statements, and identity proof are necessary to establish legitimacy and financial stability.
Choosing the Best Business Credit Card
When selecting the best business credit card for your needs, consider the following actionable steps:
Evaluate Business Needs: Determine what features are most beneficial for your business, such as travel perks, cashback, or expense management tools.
Compare Offers: Use comparison tools to evaluate different cards based on fees and rewards, ensuring you choose the most cost-effective option.
Read Reviews: Look for customer reviews and expert opinions on each card, which can provide insights into the user experience and potential pitfalls.
Consult Financial Advisors: Seek advice from financial experts for tailored recommendations that align with your business goals and financial situation.
Frequently Asked Questions
What are the benefits of using a business credit card?
Business credit cards help in managing expenses, earning rewards, building business credit, and providing detailed expense tracking. They can also facilitate cash flow management by offering flexible payment options.
Are there any hidden charges with business credit cards?
Yes, some cards may have annual fees, late payment fees, or foreign transaction fees. Always read the terms and conditions carefully to avoid unexpected costs.
Can I use a personal credit card for business expenses?
While you can, it is advisable to keep personal and business finances separate for better financial management and tax purposes. Using a business credit card simplifies tracking and reporting for tax deductions.
What is the process to apply for a business credit card?
The application process involves filling out an online form, submitting required documents, and waiting for approval, which can take a few days. Ensure all documents are accurate to expedite the process.
How can I improve my chances of getting approved for a business credit card?
Maintain a good credit score, ensure your business has a solid financial history, and provide complete and accurate documentation during the application process. Additionally, consider reducing outstanding debts to improve your credit utilization ratio.
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Author - Abhishek Sonawane
Abhishek Sonawane, an MBA graduate from the prestigious Indian Institute of Management Visakhapatnam (IIMV), brings over ten years of experience in the finance domain. His extensive background includes various roles in financial management and strategy, providing him with a comprehensive understanding of the financial landscape. Abhishek’s expertise and dedication to financial education make him an authoritative voice in personal finance, helping readers make informed financial decisions.