IDFC FIRST Bank launches Business Multiplier credit card

Mumbai, May  2026: IDFC FIRST Bank unveiled the FD-backed Business Multiplier Metal Credit Card for founders, entrepreneurs and business owners. Designed to support everyday operational needs, the premium metal card displays both the business name and the cardholder’s name, reinforcing its business use.

With a dedicated credit limit for business expenses, the Business Multiplier Credit Card can help keep business and personal spend separate. It can be used across a wide range of 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 visibility into spending, and zero forex markup on international transactions, the card helps businesses manage cash flow more efficiently, improve expense tracking, and build a stronger credit profile over time.

Flexible credit for business cash flow - Up to 45 days interest-free credit, followed by a market-leading 1% monthly interest rate for balances carried forward. Huge savings on forex with 0% Forex Markup and Interest-Free Global ATM cash access. There is no longer a need to carry foreign currency notes and travel cards. Accelerated rewards on business expenses - up to 10 reward points for every ₹200 spent on key business categories.

Speaking on the launch, Mr. Shirish Bhandari, Head- Cards, Payments and 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.”