FIRST Business Credit Card,
Business expense management just got smarter

If you do not hold any Current Account with IDFC FIRST Bank, you can click here to start the Do-It-Yourself digital application journey.

Yes. The card comes with a Joining Fee (1st year) of ₹499 + GST and an Annual Fee (2nd year onwards) of ₹999 + GST

No. Having Current account with IDFC FIRST Bank is not a requirement. However, with our Current Account we offer you best in class holistic Banking solutions including cash & expense management.

Choose between two variants* of the FIRST Business Credit Card:

Variant 1: With Low Interest Rate (APR) – starting at 1.5% p.m.
If your business needs instant working capital, more flexibility in payment and cash-flow management solutions, this card is for you!

Variant 2 – With higher rewards on business expenses – up to 10X never expiring Reward Points
If your business incurs higher expenses, in rent & utilities, and if you regularly spend on digital advertising or make payments in foreign currency this is the card for you!

If you choose the Low Interest Rate variant, you get the following interest rates.
- Year 1 (Introductory Offer): 1.5% p.m.
- Year 2 onwards: 2% p.m. (lower than industry average)

If you choose High Reward Points Variant, you get an Interest Rate of 3% p.m.

For both variants, on paying any amount less than Minimum amount due interest will be charged at Monthly Rate 3.99% Annual Rate 47.88%

If you choose the Low Interest Variant, you enjoy the following Reward Points
5X Reward Points on business spends in foreign currency transactions
2X Reward Points on business utility & digital advertising
1X Reward Points on rentals, restaurants & utility

If you choose the High Reward Points Variant, you enjoy the following Reward Points
10X Reward Points on business spends in foreign currency transactions
4X Reward Points on business utility & digital advertising
2X Reward Points on rentals, restaurants & utility

No. There are no charges for redemption of Reward points. Reward Points are never expiring and can be redeemed at any time.

Yes you can. You can withdraw cash up to 10% of the total Credit Limit.

Cash withdrawal charges = ₹199 + GST for each instance

With the FIRST Business Credit Card you get
- A 45-day Interest free credit period. This is instant working capital for your business.
- A single view dashboard and annualised statements that help closely monitor your expenses and keep track of budgets.
- Option to get multiple cards for your employees/directors with individual credit limits and the option of Balance Transfer.
- An option to convert outstanding about to EMIs with Interest as low as 1.5% p.m

There is no limit on the number of cards, as long as they collectively do not exceed the overall Credit Limit given to the Corporate/ Business.

Yes. You get access to 2 international and/or domestic Airport Lounges per quarter on minimum spends of ₹20,000 on the previous month.

You get a low forex markup of 1.99%. This rate is very low compared to the market rates, which is generally around 3-3.5%. You can also benefit from your business spends in foreign currency with up to 10X Reward Points. (depending on the variant chosen)

Absolutely! You get the following insurance benefits with the FIRST Business Credit Card
- Free Road Side Assistance worth ₹1,499
- Personal Accident Cover of ₹10,00,000 on doing at least one transaction in the previous month
- Insurance Cover of ₹50,000 each on Lost card liability, Credit Shield and Purchase Protection
- Travel Insurance for
a. Loss of Checked-In Baggage - USD 500
b. Delay of Checked-In Baggage -USD 100
c. Loss of Passport and other documents - USD 300
d. Delay in Flight- USD 300
e. Air Accident Cover of ₹1,00,00,000