IDFC FIRST Bank has unveiled its FD-backed Business Multiplier Metal Credit Card, specially designed for founders, entrepreneurs, and business owners. Built to support everyday operational needs, the premium metal card prominently displays both the business name and the cardholder’s name, reinforcing its business-first positioning. With a dedicated credit limit for operational expenses, the card enables businesses to clearly separate personal and professional spending.
Key Highlights
- IDFC FIRST bank launches FD-backed Business Multiplier Metal Credit Card offering business rewards, flexible credit, and seamless spending control.
- Entrepreneurs get zero forex markup, travel privileges, UPI payments, and complete expense visibility support.
The Business Multiplier Credit Card can be used across a wide range of business expenses, including office supplies, digital marketing spends, SaaS subscriptions, business travel, equipment purchases, inventory procurement, international vendor payments, and employee reimbursements.
Backed by assured credit limits linked to Fixed Deposits, along with rewards on key business categories, real-time expense visibility, and zero forex markup on international transactions, the card is designed to help businesses manage cash flow efficiently, improve expense tracking, and steadily build a stronger credit profile over time.
Key Benefits Designed to Support Business Growth
1. Flexible credit for business cash flow
Up to 45 days interest-free credit, followed by a market-leading 1% monthly interest rate on balances carried forward.
2. Significant savings on forex
Enjoy 0% forex markup and interest-free global ATM cash access, eliminating the need to carry foreign currency or travel cards.
3. Accelerated rewards on business spends
Earn up to 10 reward points for every Rs 200 spent across key business expense categories.
4. Hyper-accelerated travel rewards
Access the exclusive IDFC FIRST travel ecosystem, offering 7.5% rewards value-back on hotels and 4.4% on flights.
5. Pay by Rewards
Redeem reward points seamlessly for all online purchases.
6. Complimentary lounge access
Receive 8 complimentary domestic and international lounge visits annually, subject to minimum monthly spends of Rs 20,000 in the previous calendar month.
7. Travel protection benefits
Includes a dedicated Rs 25,000 trip cancellation cover twice a year.
8. Built-in UPI payments
Pay vendors effortlessly using the integrated UPI feature.
9. Premium metal design
A sophisticated metal card reflecting the stature of founders and business owners.
10. Team spend visibility and control
Issue employee cards with customized spending controls and track expenses through a consolidated statement.
11. Full FD-backed credit limit
Get 100% credit limit equal to the Fixed Deposit value.
12. Instant credit limit enhancement
Increase limits anytime by creating and linking an FD through the IDFC FIRST Bank mobile app.
Pricing and Eligibility
Available against a Fixed Deposit starting at Rs 50,000, the premium card carries a joining fee of Rs 1,000 and an annual fee of Rs 1,000, which is waived on annual spends of Rs 5 lakh or more.
Commenting on the launch, Shirish Bhandari, Head – Credit Cards, FASTag & Loyalty at IDFC FIRST Bank, said: “Many growth-stage businesses still rely on debit or retail cards for operational spending. The FD-backed Business Multiplier Metal Credit Card gives them a purpose-built alternative - flexible access to working capital, zero forex markup for global payments, rewards on everyday business spends, and the confidence of a premium metal form factor as they scale.”
How to Apply
Eligible customers can apply through the IDFC FIRST Bank mobile app or directly via the official card page.
Recent Development
IDFC FIRST Bank is one of India’s fastest-growing private sector banks, built on the principles of ethical, digital, and social good banking. As of March 31, 2026, the bank serves 38 million customers, with total customer business of Rs 5,74,731 crore ($62.9 billion), including customer deposits of Rs 2,84,453 crore and loans & advances of Rs 2,90,278 crore. Deposits grew 17.3% year-on-year, while loans rose 20% year-on-year. The bank operates through 1,147 branches and reaches over 60,000 cities, towns, and villages across India.
Also Read: IDFC First Bank to Pay Rs 590 Cr in Haryana Government Fraud Case
Following the detection of a major Rs 590 crore discrepancy at its Chandigarh branch, IDFC FIRST Bank assured the Haryana government of full repayment and initiated swift corrective action. The bank has suspended implicated employees, appointed KPMG to conduct a forensic audit, filed complaints with law enforcement agencies, and introduced tighter transaction monitoring systems, including AI-backed verification checks, to strengthen governance and restore stakeholder confidence.
