HDFC Bank GIGA Business Credit Card

HDFC Bank · Open to apply

HDFC's card for freelancers and small businesses. It pays 2 CashPoints per ₹200 and 6 per ₹200 on business digital spends (ads, software, accounting), bill payments, income tax and GST (up to 1,500 CashPoints a statement cycle), plus 800 bonus CashPoints on ₹63,000 a month; a CashPoint is worth ₹0.20. The ₹500 fee is waived at ₹50,000 a year.

Annual fee
₹500 + GST a year
Joining fee
₹500 + GST
Fee waiver
Annual fee waived on ₹50,000 spend per card year
Base rate
CashPoints on retail spends: 2 CashPoints per ₹200 (about 0.2% at cash value)
Lounges
None on record
Forex markup
3.5%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • SmartBuy at IGP, Jockey and PharmEasy, 10% cashback: 10% in SmartBuy cashback on top of the base rate (about 10% at cash value)
  • SmartBuy flights and hotels, 5% cashback: 5% in SmartBuy cashback on top of the base rate (about 5% at cash value)
  • SmartBuy at Myntra, Nykaa, redBus, Zoomcar, Apple (Imagine Tresor) and MakeMyTrip holiday packages, 5% cashback: 5% in SmartBuy cashback on top of the base rate (about 5% at cash value)
  • SmartBuy instant brand vouchers, 5% cashback: 5% in SmartBuy cashback on top of the base rate (about 5% at cash value)
  • SmartBuy ConfirmTkt train tickets, 1% cashback: 1% in SmartBuy cashback on top of the base rate (about 1% at cash value)

Earns nothing on

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

Where the sources disagree

  • spend needed for the monthly bonus CashPoints: The product page says 800 bonus CashPoints on spending ₹50,000 every month; the CashPoints T&C (10 July 2026) says the target is ₹63,000 in a month. The T&C is used.
  • value of a CashPoint against the statement: The product page says "1 CashPoint = ₹0.25" (and "up to ₹0.25" in its table); MITC clause x gives 20 paise from 1 November 2025. The MITC is used.
  • 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 GIGA Business, says up to 70%. The MITC is used.
  • minimum for redemption against the statement: The product page asks for at least 2,500 CashPoints (₹500 at 20 paise); the MITC's table gives a ₹250 minimum cashback redemption for GIGA. The product page figure is entered.

Terms the calculator does not value

  • The 3X for "business digital spends" covers a long list of merchant category codes (2741, 2791, 2842, 5021, 5039, 5046, 5051, 5065, 5072, 5074, 5085, 5099, 5111, 5131, 5137, 5139, 5169, 5199, 5962 to 5967, 5969, 7311, 7361, 7372, 7375, 7379, 7395, 7399, 8734: printing, office supplies and furniture, industrial and wholesale supplies, direct marketing, advertising, staffing, software, cloud and consulting). The calculator's business-services category matches only 7311, 7372 and 7399 among them, so spend at the others is valued at the base rate.
  • HDFC counts the 3X on bills only when paid through SmartPay or PayZapp (PayZapp excludes clubs, housing, rent, hospital, education, donation, mutual funds, loans, card payments, wallet loads, FASTag and municipal services) and on tax paid on the government portals. Bills are the SmartPay and PayZapp payment routes (VIV-149): the calculator gives telecom and utility bills the 3X 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. Hotel and flight bookings on MMT MyBiz through SmartBuy BizDeals also earn the 3X but are not entered: the calculator's SmartBuy flights and hotels are the regular SmartBuy portal.
  • HDFC does not say what 3X-category spend earns once the 1,500-CashPoint cap is reached; the calculator gives it the base 2 per ₹200. The accelerated CashPoints post at the end of each statement cycle.
  • SmartBuy cashback applies only to purchases through the SmartBuy portal and only if the calculator's portal option is on. The product page says "up to 10%"; the full list is from the SmartBuy table's "Other credit card" column, which is assumed for GIGA. How HDFC posts it to this card is not stated.
  • The product page's footnote caps UPI reward points on a RuPay card at 500 a month; no RuPay variant of GIGA is named, so it is not entered.

Sources

Compare this card · Find the best card for your spending