HDFC Business MoneyBack Credit Card vs IDFC FIRST Select Credit Card

• Welcome Benefit: Complimentary Annual Zomato Gold Membership when you spend Rs. 75,000 and above in the first three months. Do note the offer is not applicable for cards sourced after 20th January, 2021
• Get 2,500 Bonus Reward Points on annual spends of Rs. 1,80,000
• Spend Rs. 20,000 & above in the first 90 days to get first-year membership fee waived off
• Spend Rs. 50,000 in 12 Months to get Renewal Fee waived for next renewal year
• 4 Reward Points for every Rs.150 spent on online spends
• 2 Reward Points for Rs 150 on other expenses (Except fuel)
• 5% Cashback on Telecom, Electricity, Government/Tax, Railway, Hotels & Dining and Taxi. Note: Maximum cashback of Rs.250 per statement on minimum monthly spends of Rs.10,000
• The Current Account Holders will avail double cashback on all Business essentials such as Telecom, Utility, Govt and Tax payments only up to Rs. 500 per statement
• Avail POS Rental Reversal on monthly spendings of Rs 30,000 on the credit card and monthly volume of Rs 25,000 on POS machine capped at Rs.1000 per month
• 1% fuel surcharge waiver at all fuel stations in India on minimum transactions of Rs. 400. Maximum CashBack of Rs.250 per statement cycle
• Get Exclusive complimentary Dineout Passport Membership that offers:

1. Flat 25% off at 2000+ premium restaurants
2. 1+1 on buffet at 200+ restaurants
3. Early access to events and festivals such as Gourmetlicious.

Please Note: The Dineout Passport Membership is applicable when the individual spends Rs.30,000 and more every calendar quarter using its Business Moneyback Credit Card. The Membership is valid for 3 Months – One city

• The accumulated Reward Points can be redeemed for CashBack (100 Reward Points = Rs. 20) (min. redemption amount should be Rs. 2500)
• With EasyEMI for SMEs facility, you don’t need to block your capital 
• Purchase interiors, furniture, electronics, ACs and more in bulk with No Cost EMI offer on brands like Damro, Dash Square, Durian Industries, EVOK, Furniturewalla, Godrej Interior, Royal Oak, Stanley, The Maark Trendz, Kelvinator, Blue Star, Reliance Digital

• Welcome Benefits include getting vouchers worth Rs. 500 on spending Rs. 15,000 within 90 days
• 5% cashback on making the first EMI transaction made within 90 days of card set-up
• 10X Reward Points on purchases greater than Rs.20,000
• 6X Reward Points on all online purchases and 3X Reward Points on all offline purchases
• 4 complimentary domestic lounge access per quarter
• 4 complimentary Railway lounge access every quarter
• Low foreign exchange mark-up fee of 1.99%
• 20% discount on 1500+ Restaurants
• 15% discount on 3000+ Health & Wellness Outlets
• Free Road Side Assistance(RSA) worth Rs. 1,399

Pros

• Avail up to 20% savings for payments done via Dineout Pay. Including Additional 5% off on paying using the Dineout Pay that’s linked to Business Moneyback
• Zero liability on the lost card
• Enjoy Revolving Credit on your Credit Card at a nominal interest rate

Cons

• No complimentary golf/coaching sessions
• Airport Lounge Access: Priority Pass - Charge of $27 + taxes, will be applicable on all the lounge visits exceeding the complimentary cap.

Pros

• 10X Rewards on all spends done on your Birthday
• Reward points will never expire
• Comprehensive Travel Insurance Cover of Rs. 22,500
  
  Cons

• Welcome gift voucher is only provided on spending Rs.15,000 within 90 days of card set-up
• Interest-free cash withdrawal available for 48 days only
• The dining benefits provided by the card are satisfactory but not that great