Micro Enterprise Credit Card

Rewards, as stated by the issuer

• Earn up to 3 reward points on your regular business spends
• Earn 2,000 additional Reward Points on your 1st successful transaction of ₹500 or more, within 30 days of card setup
• 3 reward points
• 1 Reward point
• Reward points are applicable for every ₹200 spent. 1 Reward Point = ₹0.25
• Reward points are not earned on Fuel, Insurance, EMI transactions, Utility spends (base RP), Rental and property management transactions, and Cash withdrawals.
• What reward points do Udyam enterprises earn on this card?
• 3 reward points per ₹200 on regular business spends and UPI transactions above ₹2,000. On UPI transactions up to ₹2,000 earn 1 reward point per ₹200 spent. The value of 1 reward point is ₹0.25.
• Complete at least one transaction of ₹500 or more within the first 30 days of card activation and earn 2,000 Reward Points worth ₹500.
• 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.

Other benefits

• The card is on the RuPay network and is built strictly for business use. The Micro Enterprise Credit Card makes it easier for covering operational expenses, vendor payments, utility bills, and day-to-day business spends.
• Activation Offer
• on UPI transactions below ₹2,000 and insurance & utility payments
• What is the Activation Offer on Micro Enterprise Credit Card?
• Does the Micro Enterprise Credit Card offer a fuel surcharge waiver?
• Does the Micro Enterprise Credit Card offer a utility surcharge waiver?

Lounge access

No airport lounge rule is listed on this card's page.

Eligibility

Every fee line found on the page

• ₹0 Joining Fee​
• 18% Interest Rate
• Enjoy a competitive interest rate of 18% p.a. on balances carried beyond the due date
• Save more with low forex charges of 2% on international spends
• Annual Fees: 1% of the card limit or ₹1,000 + GST, whichever is lower
• Yes, the annual fee is 1% of the credit limit at the card anniversary date or ₹1,000 + GST whichever is lower.
• Yes, fuel surcharge is waived up to ₹200 per month on fuel spends exceeding ₹20,000 per statement cycle.
• Yes, no utility surcharge on utility spends up to ₹20,000 per month when paid via the IDFC FIRST Bank app.
• Yes, with a 2% forex markup and applicable GST.