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Top 10 Credit Cards for startups

Top 10 Credit Cards for Startups

Investing is the biggest problem when it comes to starting of business. Any person who wants to go for startups has the fundamental problem of investment and financing. However, in today’s world, the solution to this problem is Business Credit Cards. Business credit cards help businesses and corporations reduce expenses and access various business-specific benefits. In today’s market, multiple banks offer business credit cards with various uses. Following is the list of top ten business cards: 

What are the Best Unsecured Business Credit Cards for Startups?1. HDFC Infinia Credit Card

It is one of the best super-premium cards in India. The Infinia Credit Card is distinguished by the absence of a pre-set spending limit. At only 2%, it has one of the lowest foreign currency mark-up fees.

It also gives special golf privileges, of getting free golf games in India and around the world, membership to Club Marriott, which is complimentary. It also provides a reward program that offers five reward points per one hundred fifty rupees spent across all categories, 2X rewards on dining spent, and 10X rewards on travel and shopping spent on HDFC Smart Buy.

The joining and renewal fee is Rs. 10,000. The network used is VISA.

Hands on Experience with HDFC Bank Infinia Credit Card – CardExpert2. HDFC Diners Club Black

The HDFC Diners Club Black has a fantastic reward rate, unlimited airport lounge access, golf privileges, and insurance coverage. Whether primary or add-ons, the cardholders get complimentary unlimited airport lounge access to thousands of plus Lounges in India and across the world. The net banking facility provided by the bank helps to set international spending limits.

The Concierge service is also available to take requests for golf course reservations, car rentals etc. On the card anniversary, one can receive a complimentary annual membership benefit if one spends rupees 8L in 12 months. On spending of Rs.5L in 12 months for the next renewal year, the renewal fee is waived off. Apart from these, cardholders receive exclusive lifestyle benefits such as discounts on Gym, Spa etc.

The joining fee is Rs. 10,000. The network used is VISA.

3. Kotak Corporate Gold Credit Card

The card is accepted across the world. Corporate in particular has been benefited from this card. Its exceptional services, such as expense management, consolidated statements and payments, etc., help corporates a lot. This card has several unique features, such as the absence of additional charges, being easy to use, and providing tailor-made benefits and privileges as per the cardholder’s needs.

There are other various benefits of the same. The card can be used to meet business expenses such as conferences, exhibitions, etc. A cash rebate benefit in the form of a demand draft is available. It also provides an Interest-free credit period of up to 48 days.

There is a renewal fee of Rs. 1000 and the network used is VISA.

Kotak Urbane Gold Credit Card Review, Cashback and Details by Vishal Malik  - YouTube4. AMEX Travel Platinum Credit Card

The American Express Platinum Travel Credit Card is related to the tour for business purposes, be it domestic or international. The credit card offers travel vouchers as well as Taj Hotel promotions to frequent travellers. As a perk, the cardholders are entitled to one complimentary domestic lounge visit per quarter. The cardholder can also earn an average rewards rate of 0.88 per cent on general spending. Apart from these, upon signing up for the credit card, the cardholders receive a 5000 bonus membership reward. A frequent business traveller is also entitled to four complimentary airport lounge visits within India.

The joining fee is rs. 3500. The renewal fee is Rs. 5000. The network used is AMEX.

5. SBI Signature Corporate Credit Card

The Card is one of the most popular cards, offering a variety of benefits. It is a unique card for frequent business travellers who want to record their expenses. It provides around clock service facility, which has two types of insurance facilities, has an option to set the usage limit of the card etc. Apart from these, the company can manage its regular expenses with the help of the interlinked VISA Intellilink Spend Management Tool.

The renewal fee is Rs.499, and the network used is VISA.

6. Citi Bank Corporate Credit Card

This card is primarily meant for the corporate and its employees, and it focuses on providing benefits to corporate employees. To get this card, the minimum income should be Rs. 25,000 per month. It offers the facility of making bulk payments at once, a 24×7 travel assistance facility, shopping facilities accepted globally etc. One of the significant facilities provided by this is that in the event of death caused by an air accident, cardholders can obtain personal accidental coverage up to Rs. 30 lakhs.

The renewal fee is nil, and the network used is VISA.

Citi Closed My Credit Card Due To Inactivity! - One Mile at a Time7. Axis Miles and More Credit Card

This Card offers two benefits, i.e. unlimited miles for travel and membership in the Miles & More Club, the ability to set up automatic payments, and the ability to pay utility bills. The EMV certified chip in the Miles & More Credit Card provides exceptional security for all transactions. Apart from these, with this card, one can select eight complimentary visits to selected airport lounges per quarter, 4 Priority Pass lounge visits, and one can earn six award miles for every Rs. 200 spent. The distinct feature of this is one get preferred rates on Axis Bank loan.

The joining and renewal fee is Rs. 3,500, and the network used is Master Card.

8. ICICI Sapphiro Credit Card

This card is best suited for the person who frequently travels. This card comes in two networks, i.e. master card and American Express. By having this card, one can receive a voucher for travel and shopping, four times the fee for domestic airport lounge visits and two international lounge visits. There is also an air accident insurance of Rs. 3 Crore.

The joining fee is Rs. 6,500, and the renewal is 3,500. The network used is VISA.

9. Axis My Business Credit Card

This card is used for managing business expenses. The cardholder of this card can avail 1% fuel surcharge waiver on all fuel transactions in India, withdraw cash up to 30% of your credit limit from more than 1 million Visa ATMs globally, and avail 100 points when making a first online transaction, and many more.

The joining fee is Rs.999, and the renewal is Rs.499.

Get Axis Bank Vistara & other Axis Premium Credit Cards as First Year FREE  – CardExpert10. Kotak Corporate Platinum Credit Card

This card helps to meet business and corporate recurring financial transactions. This card allows you to earn high rewards points in every transaction, allowing you to get more money. The benefit of having this card is railway Surcharge is waived to the limit of Rs. 500 annually for all transactions on www.irctc.co.in and on Indian Railways Booking Counters helps monitor the company’s employees’ spending patterns. The points collected by the cardholder can easily be redeemed too.

The renewal fee is Rs.999, and the network used is VISA.

Edited by Prakriti Arora

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