HDFC Bank BizPower Business Credit Card

HDFC Bank · Open to apply

HDFC's mid-priced business rewards card for owners with an ITR above ₹12 lakh. It earns 5 reward points per ₹200, 5X on tax, GST, bill payments, ads, software, Reliance Digital and MMT MyBiz travel (up to 7,500 points a statement), a ₹5,000 voucher on ₹2.5 lakh a quarter, 2 domestic lounge visits a quarter on ₹75,000 and 6 international a year, for ₹2,500 a year waived at ₹4 lakh.

Annual fee
₹2,500 + GST a year
Joining fee
₹2,500 + GST
Fee waiver
Annual fee waived on ₹4,00,000 spend per card year
Base rate
Retail spends (from 15 May 2026): 5 Reward Points per ₹200 (about 0.38% at cash value)
Lounges
Domestic: 2 visits a calendar quarter after ₹75,000 spend; International: 6 visits a calendar year
Forex markup
2%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • SmartBuy hotels, 10X (45 bonus points per ₹200 on top of the base): 45 Reward Points per ₹200 on top of the base rate (about 3.38% at cash value)
  • SmartBuy at IGP, Jockey and PharmEasy, 10X (45 bonus points per ₹200): 45 Reward Points per ₹200 on top of the base rate (about 3.38% at cash value)
  • 5X on telecom and utility bills paid through SmartPay or PayZapp (25 points per ₹200): 25 Reward Points per ₹200 (about 1.88% at cash value)
  • 5X on income tax and GST paid on the government portals (25 points per ₹200): 25 Reward Points per ₹200 (about 1.88% at cash value)
  • 5X at Google Ads, Meta Ads and Reliance Digital (25 points per ₹200): 25 Reward Points per ₹200 (about 1.88% at cash value)

Earns nothing on

  • No points on fuel
  • No points on rent and property management
  • No points on wallet loads
  • No points on EMI; points are reversed if a purchase is converted to SmartEMI
  • No points on education, including fees paid through third-party apps
  • No points on online skill-based gaming (from 1 July 2025)

Where the sources disagree

  • reward programme terms: The reward points programme PDF linked from the product page's older path (bizpower-credit-card-reward-points-program1.pdf, file dated 6 July 2026) still shows 4 points per ₹150, 5X of 20 points, a ₹25,000 minimum and a 5,000-point cap. The T&C dated 13 May 2026 and HDFC's change letter give 5 points per ₹200 and 7,500 points from 15 May 2026. The newer T&C and the letter are used; the older figures are kept as terms until 14 May 2026.
  • whether the 7,500-point 5X cap counts the core points: The May 2026 T&C splits 5X into "1X Core RP (5RP) + 4X RP (20RP)" and caps "Accelerated RP" at 7,500, which could mean the 4X part only; but its worked example counts ₹25,000 of 5X spend as 3,125 points (the full 25 per ₹200), the change letter says "Earn 5X Reward Points (up to 7,500 RP per billing cycle)" and the product page says "Earn 5X Reward Points (capped at 7,500 RP/statement cycle)". HDFC's 2024 savings tables for its other Biz cards size the 5X spend at exactly cap ÷ extra rate, which reads the cap on the extra points only. We follow the T&C example and the letter: one cap of 7,500 on the full 25 points.
  • share of a flight or hotel booking payable in points: The product page says up to 50% of the booking value can be paid in points; MITC clause s, which names BizPower, says up to 70%. The MITC is used.
  • domestic lounge allowance: The product page's savings calculator still says "16 domestic + 6 international lounge access" (the earlier 2+2 a quarter); its feature list, the lounge T&C and the change letter give 2 domestic visits a quarter on ₹75,000 spend from July 2026. The lounge T&C is used.

Terms the calculator does not value

  • The 5X needs ₹25,000 of spend (excluding income tax and GST) in the statement cycle, and a reversal that takes the cycle below ₹25,000 removes it. The calculator assumes the minimum is met. A change of billing cycle moves accelerated points to the new cycle only.
  • Fair usage on tax payments: only the first 2 income tax and first 2 GST transactions in a billing cycle earn reward points; further ones earn nothing (from the cycle starting 15 May 2026). The calculator has no transaction counts, so it credits all government spend.
  • HDFC counts the 5X only for bills paid through SmartPay or PayZapp (PayZapp excludes clubs, housing, rent, hospital, education, donation, mutual funds, loans, card payments and wallet loads), tax paid on the government portals, and software bought through SmartBuy BizDeals. Bills are the SmartPay and PayZapp payment routes (VIV-149): the calculator gives telecom and utility bills the 5X only when one of those routes is switched on, and tax on the government category as an assumed condition; other SmartPay and PayZapp payments are not matched.
  • The 5X on hotel and flight bookings through MMT MyBiz (SmartBuy BizDeals) is not entered separately: it equals or trails the SmartBuy table's 5X on flights and 10X on hotels, which are entered.
  • The Zero Cancellation flight voucher is worth up to ₹1,200 off MakeMyTrip's optional Zero Cancellation fee only; it is not given a rupee value. The Amazon Prime membership alternative is also unvalued.
  • SmartBuy accelerated points apply only to purchases through the SmartBuy portal and only if the calculator's portal option is on. The caps are read as limits on the accelerated (bonus) points. HDFC assumes the "Regalia, Diners Privilege, BizPower" column for this card. Points post within 90 working days of the month end.
  • "Up to 0.5 airmile per point" is offered through NetBanking but HDFC names no airline or hotel partners or ratios, so no transfer option is entered.

Sources

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