FIRST Business Credit Card:
Exclusively for your business expenses
-
Interest Rate starting as low as 1.5% p.m. -
Low Forex Mark–Up: 1.99%
(industry standard: 3.5%) -
Accelerated Reward Points
Earn up to 10X reward points on spend, redeemable against other expenses
*1X = 1 Reward point per ₹100 spent | 1 Reward point = ₹0.25 -
Segregate & reconcile business expenses easily with a single dashboard -
Joining Fees – ₹499/-
Annual Fees (2nd year onwards) – ₹999/-
*Zero annual fees in year 1
Terms and conditions
- I hereby apply for IDFC FIRST Bank Credit Card(s) and accept that IDFC FIRST Bank is entitled in its absolute discretion to accept or reject this application. I hereby give my consent to the Bank to provide me a different card, in case I am not eligible for the product applied for. I am aware that the Bank reserves the right not to return the supporting documents given by me along with the application.
- I confirm that I have read, understood, and agree to the MITC (Most Important Terms & Conditions, including Schedule of Charges), as well as theCardmember Agreement, and I am aware they are available for reference on the IDFC FIRST Bank website.
- I understand that this card is being issued under Individual Liability of the Card Member as defined under Section 6 (iii) of MITC
- The finance (interest) rates applicable to a Cardholder depend on internal policy parameters of the Bank. These are final and binding, and subject to change at Bank’s discretion.
- I confirm that I have no insolvency proceedings pending against me nor have I ever been adjudicated insolvent.
- I authorise IDFC FIRST Bank and/or its associates to verify any information or otherwise at my office/residence or to contact me/ credit bureau/RBI or any other source to obtain or provide any information that may be required for confirming credit card application or maintaining my account in good credit standing.
- I hereby give my consent to IDFC FIRST Bank Limited for obtaining/authenticating/verifying my KYC details from CERSAI CKYC portal/ Aadhaar eKYC/ National Securities Depository Limited (NSDL)/ Any other service provider/ organisation as deemed fit by IDFC FIRST Bank Limited and permitted by Reserve Bank of India. I understand that as per directions of Government of India my KYC information will be updated by the bank in Central KYC Registry.
- I consent to avail the complementary insurance covers as per approved card variant. Click here for details.
- The cardmember undertakes and declares that if at any time it is discovered that there are any amounts due to the Bank against any credit facility, then the Bank shall have the absolute right to hold the No Objection Certificate (NOC) against any/all such facilities, without any prior notice.
- I authorise IDFC FIRST Bank to disclose, from time to time, relevant information relating to my personal details (name, phone number, e-mail ID, address, age, date of birth and other such information), Credit Card(s) details (including any default in payments) to credit bureaus, regulator/s, government and investigation authorities, authorised financial institutions, any parent/subsidiary, Tax authorities, affiliate and associate of IDFC FIRST Bank, and to third parties engaged by IDFC FIRST Bank, for purposes such as marketing of services, fulfillment of card offers/benefits, proper operation of Credit Card accounts and other administrative services. I hereby consent and authorize IDFC FIRST Bank and/or its affiliates and associates and/or third parties engaged by IDFC FIRST Bank to send me information through WhatsApp/SMS/email alerts/post/any other way deemed fit by the Bank or/call me on my registered mobile number for the purposes of operation of the card, send Welcome Kit/monthly statements/marketing information and offers on the card and offering of various products and services of IDFC FIRST Bank through agent(s) and/or any third party(ies) or any of the product(s) of its group companies, subsidiaries, affiliates, co-brand partners.
- I hereby declare that the details furnished in the application are true and correct to the best of my knowledge and belief and I undertake to inform IDFC FIRST Bank of any changes therein, immediately. In case any of the information is found to be false or untrue or misleading or misrepresenting, I am aware that I shall be held liable for it.
- I hereby understand & acknowledge that by engaging in the video KYC with the bank representative, I agree to allow IDFC FIRST Bank to capture my personal details (including location) & any other device information, furthermore, permitting usage of all details & recorded information for internal verification, training, and quality monitoring to enhance my account opening journey. (If Applicable)
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Frequently Asked Questions
Is there a Joining/Membership/Annual fee on FIRST Business Credit Card?
Yes. The card comes with a joining fee (1st year) of Rs. 499 + GST and an annual fee (2nd year onwards) of Rs. 999 + GST
How does FIRST Business Credit Card help in managing cash flow?
FIRST Business Credit Card helps manage your business cash flow by offering up to 45 days of interest-free credit period on purchases. This allows you to pay for business expenses today and settle them later, while benefiting from low interest rates starting at 1.5% per month if the balance is carried forward.
What are the prerequisites to apply for the FIRST Business Credit Card?
You need PAN, Aadhaar number and GST of your business to apply for FIRST Business Credit Card. The constitution of your business must be Proprietorship.
Is GST number a mandatory requirement to apply for FIRST Business Credit Card?
Yes, an active GST number is mandatory to apply for FIRST Business Credit Card. Applicants without a registered and active GST number will not be eligible to apply for this card.
Can I apply for a FIRST Business credit card if I own an LLP or a private limited company?
Businesses with a constitution other than Proprietorship will be able to apply through this page for a FIRST Business Credit Card after 5th May 2026.
What are the late payment charges?
15% of the Total Amount Due if the payment is not made till the payment due date
(Minimum - ₹100,
Maximum - ₹1300)
NIL for Total Amount Due < ₹100
What is the forex markup rate?
FIRST Business cards offer a low Forex markup rate of 1.99%+GST.
What is the interest rate levied if there is a delay in payment of my credit card dues?
FIRST Business Credit Card offers an interest rate starting 1.5% per month. The interest rate is applicable only on revolving balances, i.e. if you choose to pay less than your total amount due but more than minimum amount due and carry over the balances, beyond your payment due date. Typically, other banks charge 3.5% per month.
What is the minimum number of reward points required to start redeeming in FIRST Business Credit Card?
There is no minimum number of reward points required. You can start redeeming your reward points anytime.
What is the monthly minimum repayment value on FIRST Business Credit Card?
The minimum repayment value will be visible on the card statement delivered to the registered e-mail ID (minimum billing amount is 10% of total outstanding).
Features that
suit your
every
business need
-
7x rewards on online transactions -
25% off on tickets once a month upto ₹100 -
Dining offers upto 20% across 1500 restaurants -
₹500 vouchers from Amazon/Ola/ Swiggy on spending 15K in first 3 months -
Earn cashback on EMI: 5% cashback up to ₹500 within 90 days -
Get yourself covered: Personal Accident cover of 2 Lakhs -
More offers: 50+ in-app discounts
1X = 1 Reward point per ₹100 spent | 1 Reward point = ₹0.25
*T&C applicable. For more details, terms & conditions, please visit our website
Terms and conditions
- I hereby declare that the details furnished are true and correct to the best of my knowledge and belief and I undertake to inform you of any changes therein, immediately
- I hereby consent to receive information from Central KYC Registry through SMS/Email on the registered mobile number/email address as provided by the Company/ Firm
- I understand that the use of FIRST Business / FIRST Corporate / FIRST Purchase Credit Card is meant only for official expenses as shall be approved by the Company/ Firm where I am employed (“Company/Firm”) and not for my personal expenses
- I understand that FIRST Business / FIRST Corporate / FIRST Purchase Credit Card is provided at the request of the Company/Firm as per the Terms and Conditions governing the facility of IDFC FIRST Bank under the Corporate Agreement with Joint and Several liability of the Company/Firm and the card-holder or Sole liability of the Company/Firm to pay at least the minimum amount due to IDFC FIRST Bank on or before the payment due date
- I hereby declare that except to the extent disclosed to IDFC FIRST Bank in writing, no director or a relative/near relation (as specified by RBI) of a director of a banking company (including IDFC FIRST Bank) or a relative/near relation (as specified by RBI) of a senior officer of IDFC FIRST Bank (as specified by RBI) is the applicant(s), or a partner of our concern, or of our subsidiary, or our holding company, or a guarantor on my/our behalf, or holds substantial interest in our concern or my/our subsidiary or holding company.
- The Applicant has no objection to IDFC FIRST Bank / its Group Companies / Agents / Representatives to provide me/us information on various products, offers and services provided by IDFC FIRST Bank / its Group Companies through any mode (including without any limitation through telephone calls/SMS’s/email’s) and authorize IDFC FIRST Bank / its Group Companies / Agents / Representatives for the above purpose.
- I hereby understand & acknowledge that by engaging in the video KYC with the bank representative, I agree to allow IDFC FIRST Bank to capture my personal details (including location) & any other device information, furthermore, permitting usage of all details & recorded information for internal verification, training, and quality monitoring to enhance my account opening journey. (If Applicable)