FIRST Business Credit Card
Designed for small enterprises, traders, and sole proprietors, the FIRST Business Credit Card optimizes commercial cash flows. Issued Lifetime Free for enrolled MSMEs, it provides interest-free revolving credit, automated GST reporting, and domestic lounge access.
Why We Recommend The FIRST Business Credit Card
A practical commercial credit card that provides small enterprises with flexible working capital, tax tracking, and airport lounge access.
Small enterprise owners, traders, and sole proprietors managing monthly supplies and commercial utilities.
Welcome Gift & Activation Benefits
* Welcome benefits are typically unlocked upon payment of the joining fee and initial card activation within 30 to 90 days.
Grofi Expert Rating
Our ratings assess real-world net reward yields after fee deductions, partner redemption flexibility, lounge conditions, and user transparency.
How Much Can You Save with the FIRST Business Credit Card?
Adjust your expected monthly card spends to calculate your real annual rewards and net savings.
Includes flight & hotel bookings, partner brands (Amazon, Swiggy, Flipkart), dining, and online shopping.
* Reward Point Value: ₹0.25 on statement credit or travel bookings.
Based on annual spending of ₹6,00,000.
Fees & Charges Breakdown for FIRST Business Credit Card
Zero hidden costs. Complete fee schedule verified with IDFC Bank official guidelines.
One-time fee charged on the first statement
Billed annually starting from the 2nd year
Annual fee reversed upon crossing this spend milestone in the preceding card year
Charges applicable on foreign currency transactions and cross-border payments
Standard interest rate on revolving card balances
Fee on ATM cash withdrawals via credit card
From the first day of billing cycle till due date
Airport Lounge Privileges on the FIRST Business Credit Card
Experience gourmet dining, quiet workspaces, and premium comforts before every flight.
8 complimentary domestic airport lounge visits per calendar year (2 per quarter)
Valid across 40+ domestic airport lounges including Mumbai (Adani), Delhi (Encalm), Bengaluru (080 Lounge), Hyderabad, Chennai, and Kolkata terminals.
Not available
Access over 1,300+ luxury airport lounges globally across Dubai, London Heathrow, Singapore Changi, New York JFK, Frankfurt, and Doha.
What Makes FIRST Business Credit Card Stand Out?
Discover the top benefits, special offers, and protections engineered into this card.
Integrated accounting and GST input tax credit reporting statements.
8 complimentary domestic airport lounge visits annually for business travel.
Dynamic low APR interest rates starting from 0.75% per month (9% p.a.).
Pros & Cons of the FIRST Business Credit Card
An honest, transparent evaluation of strengths and limitations before you submit your application.
What We Love (Pros)
- Lifetime Free commercial credit facility for registered business owners.
- Helps small businesses manage vendor payouts and office utility bills.
- Includes domestic airport lounge privileges.
Things to Consider (Cons)
- Requires business proof (GST registration or Udyam certificate).
- Standard 3.50% forex fee applies to international software purchases.
- Reward catalog carries redemption processing fees.
Who Can Apply for the FIRST Business Credit Card?
Review minimum income, credit score thresholds, and essential verification documents.
Net in-hand monthly or annual earnings
Primary applicant (18+ for add-ons)
With continuous employment proof
With valid Indian address proof
710+ Score Recommended
Applicants with a credit score of 710 or higher enjoy fast-tracked approval and preferential credit limits from IDFC Bank.
Documents Required
100% digital paperless verification via Video KYC. Keep these documents ready:
Identity & Address Proof
Aadhaar Card (linked with mobile number for OTP), Passport, Driving License, or Voter ID.
PAN Card
Mandatory physical or e-PAN copy required by RBI guidelines for all credit applications.
Proof of Income
Salaried: Last 3 months' salary slips or bank statements. Self-employed: Latest ITR computation.
Everything You Need to Know About FIRST Business Credit Card
Clear answers to common questions regarding annual fees, reward redemption, lounge rules, and delivery.
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Ready to Apply for the FIRST Business Credit Card?
Check your pre-approved credit limit and instant approval eligibility across IDFC Bank with 100% paperless verification and zero score impact.