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IDFC FIRST Bank

IDFC FIRST Business Multiplier Metal Credit Card

Visa

IDFC FIRST Business Multiplier Metal Credit Card

A metal FD-backed business card for founders — zero forex markup is genuinely useful for import-heavy or SaaS-spending businesses, and the FD backing means it's accessible without formal income proof, but it does mean locking up capital in a Fixed Deposit.

Rates and fees last verified 15 July 2026.

Annual fee

₹2,999

Joining fee

₹0

Reward type

points

Base reward rate

1%

Card network

Visa

Card tier

Premium

Benefits by category

  • 🧾 Utilities

    2% reward rate

  • 🌍 Forex / international spend

    Zero forex markup on international vendor payments · 0% forex markup on international transactions

Eligibility

  • Minimum credit score: 700
  • Employment: self-employed
  • Age: 2165

Benefits

  • Assured credit limit linked to a Fixed Deposit, plus a dedicated business spending limit
  • Zero forex markup on international vendor payments
  • Accelerated rewards on SaaS subscriptions, digital marketing, inventory, and equipment purchases
  • Real-time spend visibility dashboard displaying both the business name and cardholder name on the metal card

Pros

  • + Zero forex markup on international vendor payments
  • + FD-backed limit, accessible without income documentation
  • + Accelerated rewards on common business categories (SaaS, marketing, inventory)

Cons

  • Requires locking funds in a Fixed Deposit
  • Self-employed/business owners only
  • Base 1% rate is unremarkable outside bonus categories