IDFC FIRST Business Max Credit Card
Fees
₹1,499 + Taxes
Joining & AnnualReward Rate
6 Reward Points per ₹200 on domestic online spends; 4 points per ₹200 offline; up to 3 points on UPI
Welcome Bonus
Welcome gift benefit on card activation & joining fee payment
Lounge Access
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FindMyCard Expert Take
The IDFC FIRST Business Max Credit Card from IDFC FIRST Bank offers Business Vendor Payments & Commercial Spends with an annual fee of ₹1,499 + Taxes.
Pros & Cons
Key Advantages
- 6 Reward Points per ₹200 on domestic online spends
- Up to 45 interest-free days plus EMI conversion on purchases above ₹1,500
- Low forex markup fee of 1.5% on international spends
- Fee waiver threshold (Annual fee waived on ₹2.5 Lakh annual retail spends)
Limitations
- FD-backed card requires a minimum ₹10,000 fixed deposit
- Offline spends earn a reduced 4 points per ₹200
- Finance charges of 12% per annum apply on revolving balances
Editorial Verdict
The IDFC FIRST Business Max Credit Card is ideally suited for business vendor payments & commercial spends. If you want 6 reward points per ₹200 on domestic online spends; 4 points per ₹200 offline; up to 3 points on upi, this card delivers real value. The ₹1,499 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (730+) credit to be approved.
Key Perks & Spending Milestones
Accelerated reward earn rate on rewards purchases
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Zero lost card liability protection
🚀 Milestone Spends Timeline
Annual fee waived on ₹2.5 Lakh annual retail spends
Fees & Charging Rates
Annual Fee Waivers
₹1,499 + Taxes
💡 Annual fee waived on ₹2.5 Lakh annual retail spends
Regular Interest Charges
3.5% per month (42% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Insurance & Protection Benefits
air accident cover
Up to ₹50 Lakh
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹25,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 65 years
Compare IDFC FIRST Business Max Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| IDFC FIRST Business Max Credit Card This Card | ₹1,499 + Taxes | 6 Reward Points per ₹200 on domestic online spends; 4 points per... | — | 4.4/5 |
| Tata Neu Infinity SBI Card | ₹1,499 + Taxes | 5% NeuCoins on Tata Neu App/Website + partner brands, up to 10% on... | 2 Domestic/Qtr (₹75K Spend) + 4 Int'l/yr | 4.7/5 |
| American Express Membership Rewards® Credit Card | ₹1,000 + Taxes | 1 Membership Rewards Point per ₹50 spent (excl. fuel, utility,... | No Lounge Access | 4.6/5 |
| IDFC FIRST Business Multiplier Credit Card | ₹2,999 + Taxes | 10 Reward Points per ₹200 spent, up to ₹1 Lakh monthly spend; 5... | 8/yr Domestic + International (₹20K Spend) | 4.6/5 |