HDFC Giga Business Credit Card
- Joining fee
₹500 + GST
- Annual fee
₹500 + GST
- Best suited for
Business Expenses
- Reward type
Reward Points
Rewards
- Rewards rate
6 CashPoints/₹200 Spent on Tax Payments, Business Software Spends, Bill Payments, Business Digital Spends, and More. 2 Cash Points/₹200 on All Other Eligible Spends
- Welcome benefits
Gift Voucher Worth ₹250
- Reward redemption
Redeem Against Multiple Options, Including Cash Against Statements and Various Catalogs. Maximum Value of 1 Cash Point = ₹0.30
Benefits
- Movie & dining
Up to ₹200 Off on Dining Bills Via Swiggy Dineout
Fees & charges
- Spend-based waiver
Renewal Fee Waiver on Annual Spends of ₹50,000
- Rewards redemption fee
₹99 + GST
- Foreign currency markup
3.5%
- Interest rates
3.75% Monthly and 45% Annually
- Fuel surcharge waiver
1% Surcharge Waived for Transactions Between ₹400 and ₹5,000
- Cash advance charges
2.5%
Product highlights
- The Giga Business Credit Card is most suited for freelance professionals.
- This card comes at an affordable joining fee of ₹500.
- Earn 6 Cash Points/₹200 spent on business spends such as advertising, software purchases, and more.
- Get a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000.
- Milestone benefit of 800 Cash Points on a monthly spend of ₹50,000 or more.
Pros & cons
Pros
- The HDFC Giga Business Credit Card has a low joining fee of ₹500, making it affordable for many people.
Cons
- The welcome benefit offered with this card could have been better; even Reward Points worth the joining amount would have sufficed.
FAQs
What is the interest-free period for the Giga Business Credit Card?
The interest-free period for the HDFC Business Credit Card shall range anywhere from 25 to 55 days. For example, if the billing date is the 4th of the month, the customer can use their card from the 5th of April to the 4th of May. The bill will be generated on the 4th of May, and the payment due date will be the 28th of May. Therefore, a purchase made on the 5th of April will have a credit period of 54 days, while a purchase made on the 2nd of May will have a credit period of 27 days.
Is the Giga Business Credit Card available on RuPay?
No, currently, the Giga Business Credit Card by HDFC is only available on the Visa network.
How long are the Cash Points earned with a Giga Business Credit Card valid?
These Cash Points are valid for a period of two years.
Can I redeem my Cash Points for cash against the statement?
You can use your Cash Points to reduce your statement balance, but only upon request. The redemption rate is 1 CashPoint = ₹0.20. You must have a minimum of 2,500 Cash Points to redeem against your statement balance.