To make a successful business, a credit card is the best option in 2024. Small and startup businesses need immediate funds. But picking the right business credit card one of hassle work.
We make it easy to choose the best business credit cards in India in 2024. These cards manage your cash flow and earn rewards on every spend.
5 Best Business Credit Cards in India 2024
| Credit Cards | Annual Fee | Benefits |
| SBI Platinum Corporate Credit Card | NIL | Priority pass membership with nil joining & annual charge |
| Axis Bank My Business Credit Card | Rs. 499 (1st year free) | Internationally accepted and Interest-free period 50 days |
| RBL Bank Corporate Purchase Card | NIL | 1% cashback with 15% dining bil discount and other benefits |
| ICICI Bank Business Advantage Black Credit Card | Rs. 1,500 (1st year free) | Internationally accepted and Interest-free period of 50 days |
| HDFC Business MoneyBack Credit Card | Rs. 500 | 2 reward points on Rs. 150 spent and 5% cashback on railway, utility & hotel spent |
SBI Platinum Corporate Credit Card
It will make it easier to track all business expenses from SBI Platinum Corporate Credit Card. With zero joining & renewal fees, this card is more convenient. Get other benefits such as travel insurance, airport lounge, etc.
Features
- No joining and annual charges
- Track employee transaction
- Preloaded travel insurance
- Access airport lounge features
- Interest-free period up to 50 days
- Get employee fraud insurance cover
- Priority Pass Program member at Rs. 180 annual fee
Axis Bank My Business Credit Card
Axis Bank covers all your business-related costs smoothly with the Axis Bank My Business Credit Card. This card expands all benefits on different categories like reward points, lounge access, EMI converts, and more.
Features
- The joining fee is small that is Rs. 999 + GST
- Receive 4 reward points on Rs. 200 spending
- Cash withdrawal is avail up to 30% of a credit limit
- Convert all expenses to EMI
- Domestic lounge access quarterly 2 free
- Fuel charge waived of 1% of spending
- Pay bills automatically with zero-touch
Also Read: Top 6 Rewards Credit Cards in India
RBL Bank Corporate Purchase Card
Business or organizer-related transactions require faster which is offered by RBI Bank Corporate Purchase Card. All business expenses like utility bills, and bulk payments are on this card with global uses. Interest-free of 50 days avail with RBL Corporate Purchase card.
Features
- There is no charge for joining and annual fees
- Worldwide use is accepted with this card
- Cover of 2 lakh for lost liability
- Interest-free time of 50 days avail
- Use the corporate name on the card
- Replace easily for emergency cases
ICICI Bank Business Advantage Black Credit Card
You should use the ICICI Bank Business Advantage Black Credit Card as a business owner. Benefits available of air accident cover, non-air accident cover, lost baggage cover & more. Experience complete safeguarding with Zero Liability protection.
Features
- 1% cashback points whenever you spend
- 2 free airport lounge access in India
- Air accident death cover of Rs. 75 lakh
- Get a 15% discount on dining bills across 11 cities
- Credit shield cover of Rs. 50,000
- Fuel charge waived of 1% on HPCL petrol pumps
- Spend Rs. 75,000 within 60 days for first-year fee waived off
HDFC Business MoneyBack Credit Card
Earn every reward on your business-related transaction from HDFC Business MoneyBack Credit Card. Receive 5% cash back on business expenses like hotels, railway, utility bill & cab booking spend. This card is best for self-employed professionals.
Features
- Waived joining charge on Rs. 50,000 spend
- 5% cashback points on hotels, and railway spending.
- Take 5X points on fuel-related expenses
- Get a loan against a MoneyBack Credit Card
- Enjoy an interest-free period of 50 days
- Easy to convert business expenses on EMI
- Access 2 rewards points on Rs. 150 spent
- Track expenses from the application
Business Credit Cards Eligibility Criteria
- Self Employed Individuals can apply
- Age must be: 21 to 60 years
- CIBIL: 730+ must required
- Income on ITR File Rs. 2.5 lakh or above needed.
FAQs on Best Business Credit Cards
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What are the income criteria you must have for a business credit card?
A self-employed person with 2 years of ITR file & 6 months of bank-related transactions must be required to for apply a business credit card.
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How much credit score is good to apply for a business credit card?
A credit score of 730+ is ideal for a business credit card application.
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What is the perfect age for a business credit card application?
The perfect age is 21 to 60 years for application business credit card.
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Is the ITR file needed for a business credit card?
Some lenders such as HDFC Bank, Axis Bank, and SBI Bank offered pre-approved credit cards. But in most cases when you are going to apply directly, an ITR file must be required.