Business Multiplier Credit Card

Rewards, as stated by the issuer

• Up to 10 Reward Points on
• Get up to 10 Reward points for every online GST and other tax transaction
• Get complimentary FIRST Digital RuPay Credit Card for seamless UPI business payments and earn up to 3 reward points, at ₹0 joining & annual fees
• Earn up to 10 reward points across categories, plus up to
• 30% additional reward points on travel bookings via the Bank app.
• FIRST Digital Credit Card and earn up to 3 reward points
• Reward Points Multiplied on Your Business Payments
• 10 Reward Points
• 5 Reward Points
• 3 Reward Points*
• 1 Reward Point*
• Reward points are applicable for every ₹200 spent. 1 Reward Point = ₹0.25
• *3 and 1 Reward points will be earned for transactions made via complimentary FIRST Digital Credit Card
• Bonus Reward Points
• Reward points are over and above the regular reward points, calculated as per every ₹150 spent. Applicable only on eligible flight and hotel bookings made via the Bank app
• When will Reward Points be credited?
• The reward points will get credited upon statement generation. If the Cardholder fails to pay at least the Minimum Amount Due by the Payment Due Date, Reward Points will not be applicable for that billing cycle. Any Reward Points credited for that cycle, if already posted, will be reversed.
• Are there exclusions for Reward Points?

Other benefits

• Travel & Insurance
• Get up to 45 days of interest-free period, helping you optimise working capital cycle.
• Get 24/7 roadside assistance cover of up to ₹1,399, four times every year.
• Get comprehensive travel insurance coverage of up to ₹25,000 on hotel and flight cancellations, up to two times per year.
• Complimentary UPI advantage
• Complimentary
• ​Complimentary UPI-ready Credit Card
• Pay via UPI using your complimentary
• on UPI transactions below ₹2,000 utility and insurance
• Your Complimentary, UPI-ready Credit Card
• Once issued, your complimentary FIRST Digital Credit Card can be used instantly for UPI Scan & Pay via the IDFC FIRST Bank Mobile App
• Scan to given QR code to link your complimentary FIRST Digital Credit Card and start making UPI payments.
• Tap 'Link Now' to link and use complimentary FIRST Digital Credit Card on PhonePe to make UPI payments.
• Tap 'Link Now' to link and use complimentary FIRST Digital Credit Card on Google Pay to make UPI payments.
• Tap 'Link Now' to link and use complimentary FIRST Digital Credit Card on Paytm to make UPI payments.
• Complimentary FIRST Digital
• • Earn interest on fixed deposit: You continue to earn interest on their fixed deposits, while enjoying interest free credit for up to 45 days.
• The FIRST Digital Credit Card is a UPI enabled, digital only credit card, which comes complimentary with your Business Multiplier credit card.

Welcome & milestones

Lounge access

Domestic: Unlock 1 domestic and 1 international lounge

International: Unlock 1 domestic and 1 international lounge · You have received the DreamFolks card to access global airport lounge benefits available with your Business Multiplier Credit Card. This card is issued only to facilitate international lounge access and does not carry any additional charges.

Programme: DreamFolks

Eligibility

Every fee line found on the page

• Joining Fee: ₹1,000+GST
• Annual Fee: ₹1,000+GST waived off on ₹5L annual spends
• *Industry typically charges 4%–5% Forex Markup
• 12% Annual
• Get up to five add-on cards at just ₹250 each for seamless and efficient business expense management.
• Get a fuel surcharge waiver up to ₹400 per statement cycle. No utility surcharge on monthly fuel purchases of up to ₹30,000 done via IDFC FIRST Bank mobile app.
• Get complimentary FIRST Digital RuPay Credit Card for seamless UPI business payments and earn up to 3 reward points, at ₹0 joining & annual fees
• Waived off on ₹5L annual spends
• The Business Multiplier Credit Card has a joining and annual fee of ₹1,000 + GST. However, the annual fee is reversed if you spend ₹5 lakh or more in a year.
• Annual fee of ₹1000 + GST will be waived for your Business Multiplier Credit Card if your total eligible spends in a card anniversary year reaches ₹5 lakhs and above.
• Most credit cards charge up to 3.5% as forex markup on every international transaction. With the Business Multiplier Credit Card, you enjoy 0% forex markup helping you save these charges and pay seamlessly for spends abroad as well as international purchases made from India.
• With Business Multiplier Credit Card, you enjoy flat 12% per annum interest rate which comes to 1% monthly. Usually, other credit cards charge as high as 43.8% per annum interest rate.
• Yes, issue up to 5 add-on cards at ₹250 + GST each, to apply, click here