RewardMatrix

HDFC Biz Black

The HDFC Biz Black Credit Card offers substantial rewards on business expenses, including a 5X reward rate on tax payments, GST, and other business-related spends. It also provides unlimited lounge access, golf benefits, and a low forex markup fee.

HDFC Biz Black

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Intro Offer

Club Marriott Membership and Taj Stay voucher worth ₹5,000.

Annual Fees

₹10000

Joining Fees

₹10000

Reward Rate

3.33 - 13.33 %

RewardMatrix Rating

4.5

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Who should get this card

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Card Overview

The HDFC Biz Black Credit Card stands out as a powerful tool for businesses, offering a high reward rate on essential expenses. Cardholders can earn 5X reward points on income tax payments, GST, PayZapp bill payments (excluding certain categories), SmartPay auto-debited bills, and business spends via Nuclei. This translates to a significant return on investment for businesses that utilize these features. The card also provides a competitive reward rate on regular spends, making it a versatile option for everyday business expenses. Beyond its rewarding structure, the Biz Black card offers a range of travel and lifestyle benefits. Cardholders enjoy unlimited complimentary access to both domestic and international airport lounges, enhancing their travel experience. The card also provides golf privileges, including complimentary games at select courses. These benefits, combined with a low forex markup fee, make the Biz Black card an attractive option for business owners who travel frequently. While the annual fee is relatively high, the substantial rewards and benefits can easily offset the cost for businesses that maximize its usage. The card's focus on business-specific rewards, combined with its travel and lifestyle perks, makes it a compelling choice for business owners seeking a premium credit card experience.

Intro Offers

Club Marriott Membership and Taj Stay voucher worth ₹5,000.

Condition: Spend ₹1.5 Lakhs within 90 days of card issuance.

Fees

Annual Fee

₹10K

Waived off after spending ₹7.5L

Joining Fee

₹10K

Forex Fee

2.2%

Eligibility

#1
Nationality
Indian Citizen
#2
Occupation
Self-employed
#3
Age
21 to 65 years
#4
Income
Annual ITR above ₹21 Lakhs (or ₹30 Lakhs as per some sources). Applicants can use ITR, GST returns, bank statements, and merchant payment reports for eligibility.

Reward Points

13%

Total spends eligible for accelerated rewards in a statement cycle

20.00 Reward Points for every ₹150 spent

Total regular spends in a statement cycle

5.00 Reward Points for every ₹150 spent

Examples:

Spend Rs. 15,000 on regular purchases and Rs. 75,000 on business expenses (eligible for 5X rewards). You'll earn 500 (regular) + 2500 (accelerated) = 3000 Reward Points.
Spend Rs. 1,00,000 on regular purchases and Rs. 0 on accelerated spends. You'll earn 3333 Reward Points.
Spend Rs. 50,000 on regular purchases and Rs. 1,00,000 on accelerated spends. You'll earn 1666 (regular) + 5000 (accelerated, capped at 7500 bonus points) = 6666 Reward Points.

Exclusions:

Fuel

Wallet Load

Rent Payment

Education Fees

EMI Transactions

Milestones

Milestone #1

SmartBuy Flight / Taj Stay vouchers worth Rs. 5000

Spend ₹5 Lacs in a card membership year.

Milestone #2

SmartBuy Flight / Taj Stay vouchers worth Rs. 5000

Spend ₹10 Lacs in a card membership year.

Milestone #3

SmartBuy Flight / Taj Stay vouchers worth Rs. 5000

Spend ₹15 Lacs in a card membership year.

Milestone #4

SmartBuy Flight / Taj Stay vouchers worth Rs. 5000

Spend ₹20 Lacs in a card membership year.

Redemptions

AIRLINE PARTNERS

List of conversion options of airline partners.
Airline Partner	Conversion Rate	Multiplier
Club Vistara	1 Reward Point = 1 Air Mile	x1
Singapore Airlines	1 Reward Point = 1 Air Mile	x1

HOTEL PARTNERS

List of conversion options of hotel partners.
Hotel Partner	Conversion Rate	Multiplier
Various Hotel Partners on SmartBuy	1 Reward Point = 1 Hotel Point	x1

GIFT VOUCHERS

List of conversion options of gift voucher merchants.
Partner Brand	Conversion Rate	Multiplier
Various Partners (Amazon, Raymond, Croma, Reliance Digital, etc.)	1 Reward Point = Rs. 0.50	x0.5
Taj Hotels or SmartBuy Flights	Vouchers worth Rs. 5,000 for every Rs. 5,00,000 spent	x0.01
Taj Hotels	Rs. 5,000 Taj Voucher	x

STATEMENT BALANCE

1 Reward Point = Rs. 0.30

Rewards Calculator

ON MONTHLY SPEND

Reset

1LYour monthly expenditure

Total regular spends in a statement cycle (₹)

3.33% rewards

Total spends eligible for accelerated rewards in a statement cycle (₹)

13.33% rewards

REWARD POINTS EARNED

0 Reward Points earned per year

POINT REDEMPTION OPTIONS

0 Airline miles

0 Hotel points

0 Worth of gift vouchers

0 Worth of statement balance

Lounge Access

Domestic

Unlimited complimentary access to domestic airport lounges.

Condition: Card must be active (at least one transaction in the previous month).

International

Unlimited complimentary access to international airport lounges.

Condition: Card must be active.

Discounts

Dining

Up to 25% off on dining bills paid via Swiggy Dineout and up to 20% off via Club Marriott Membership.

Fuel

No Fuel discounts on this card

Movie

No Movie discounts on this card

Insurance Coverage

No insurance coverage available on this card.

Other Features

Concierge Services

Golf bookings
Travel and stay bookings
Airport VIP meet and greet
Itinerary planning and reservation assistance
Private dining assistance
International gift delivery
Event planning and referrals
Courier service assistance
Car rental and limousine referral and assistance
Flower and gift delivery assistance

EMI Conversion

Available through SmartEMI and EasyEMI options.

Fraud Protection

Zero Lost Card Liability with a credit liability cover of up to ₹9 Lakhs.

Pros & Cons

PROS

High Reward Rate on Business Spends
Earn 5X reward points on tax payments, GST, PayZapp bills, SmartPay bills, and business spends via Nuclei.
Unlimited Lounge Access
Enjoy unlimited complimentary access to domestic and international airport lounges.
Golf Privileges
Access complimentary golf games at select courses.
Low Forex Markup Fee
Benefit from a low forex markup fee of 2% + GST.
Extensive Travel and Lifestyle Benefits
Enjoy discounts on travel bookings, dining, and other lifestyle expenses.

CONS

High Annual Fee
The card comes with a high annual fee of ₹10,000 + GST.
Diners Club Acceptance
The card is on the Diners Club platform, which may have limited acceptance compared to Visa or Mastercard.
Reward Caps
There are caps on accelerated rewards and monthly reward earnings.

Who should get this card

The HDFC Biz Black Credit Card is ideal for self-employed individuals and small to medium business owners who: - Have significant business expenses, including tax payments, GST, and bill payments. - Frequently travel for business and value airport lounge access. - Can utilize the card's accelerated rewards program on partner platforms like PayZapp, SmartBuy, and Nuclei. - Appreciate lifestyle benefits such as golf privileges and dining discounts. - Are comfortable with a high annual fee in exchange for substantial rewards and benefits.