Features of business credit cards
- Separate business expenses from personal ones
- Higher credit limits
- Rewards on business categories
- Add-on cards for employees
Eligibility for business credit cards
- Registered business or self-employed professional
- ITR and business bank statements
- Good credit history of promoters
How to choose the right card
Look at where you spend the most, compare the annual fee with the value of benefits you'll actually use, and check the fee-waiver condition. Paying the full bill by the due date keeps your card interest-free and builds your credit score.
Frequently asked questions
Yes, many banks offer cards to new businesses based on promoter credit history, current account relationship or a fixed deposit.
Key facts from official sources
Credit scores in India range from 300 to 900; a higher score indicates lower credit risk. — Source: TransUnion CIBIL
Customers of banks and NBFCs can file free complaints under the RBI Integrated Ombudsman Scheme at cms.rbi.org.in. — Source: Reserve Bank of India
Written by BankHelpline Editorial Team · Reviewed by Sheetal Pawar, Director · Last updated . Content is researched from official sources such as the Reserve Bank of India (RBI), credit bureaus and lender websites, and reviewed periodically. Rates and charges change often – always confirm the latest terms with the lender.