HDFC BizBlack Metal Edition Credit Card

About Biz Black Metal Edition Credit Card

Are you a business owner who feels your current credit card doesn't reflect your professional success? The Biz Black Metal Edition Credit Card is designed to change that. It is a premium payment tool crafted specifically for self-employed individuals who manage high-value transactions and want a card that works as hard as they do.

This card offers a powerful combination of prestige and utility. With a solid metal build and a reward system that can give you up to ₹1 per point on travel bookings, it is built for those who spend significantly on their business operations. If you are regularly moving ₹7.5 lakh or more through your accounts annually, the fees on this card effectively vanish, leaving you with pure profit in the form of rewards.

Specifically designed for high-earning entrepreneurs and professionals with a monthly income of ₹2.5 lakh or more, the Biz Black Metal Edition Credit Card cuts through the clutter of basic cashback cards. It focuses on high-value redemptions, especially for business travel and luxury stays.

What sets it apart:

• Metal Prestige: Unlike standard plastic cards, this metal edition offers a premium feel that matches your business stature.
• High-Value Travel: Get up to ₹1 per Reward Point when booking flights and hotels through SmartBuy, which is significantly higher than the industry average for statement credits.
• Achievable Fee Waivers: Spend ₹1.5 lakh in the first 90 days to get your joining fee back, making the entry cost zero for active spenders.

Quick check: To qualify, you must be self-employed with a minimum monthly income of ₹2.5 lakh and a credit score (CRIF) of 750 or above.

Let's break down why this card stands out for the modern Indian entrepreneur:

Key Benefits and Features of Biz Black Metal Edition Credit Card

The Biz Black Metal Edition Credit Card is not just a status symbol; it is a financial tool intended to optimize business expenses. Here is a detailed look at the features and how you can maximize them.

Reward Point System and Redemption

The core value of this card lies in its Reward Points (RP). While the earning rate is high, the real magic happens during redemption. Depending on how you use your points, the value fluctuates significantly.

• Flights and Hotels via SmartBuy: This is the best way to use your points. You can get a value of up to 1 RP = ₹1. If you book a business trip worth ₹20,000 using 20,000 points, you have essentially wiped out the cost.
• Air Miles: For frequent flyers, the 1 RP = 1 Air Mile conversion is a standout feature. This allows you to transfer your points to partner airlines, often yielding even higher value for international business class bookings.
• Product Catalogue: You can get a value of up to ₹0.50 per point when choosing items from the bank's curated collection.
• Statement Credit: If you prefer simple cashback, you can use points to pay your bill at a rate of 1 RP = ₹0.30.

Fees and Smart Waiver Conditions

The Biz Black Metal Edition Credit Card comes with a joining fee of ₹10,000 and an annual fee of ₹10,000. However, for a serious business owner, these fees are easily avoidable.

• Joining Fee Waiver: You don't have to worry about the initial ₹10,000 cost if you spend ₹1.5 lakh within the first 90 days of getting the card. For most businesses, regular inventory or operational costs will cover this comfortably.
• Annual Fee Waiver: The renewal fee for the next year is waived if you spend ₹7.5 lakh or more in your anniversary year. This averages out to about ₹62,500 per month, which is well within the spending range of a professional earning ₹2.5 lakh monthly.

Eligibility Criteria

This card is exclusive and has strict entry requirements. It is important to note that this card is not issued to salaried employees. It is reserved strictly for the self-employed category.

• Age Limit: You must be between 21 and 65 years old.
• Minimum Income: You need a documented monthly income of at least ₹2.5 lakh. This translates to an annual income of roughly ₹30 lakh.
• Credit Score: A CRIF score of 750 or higher is required to ensure a smooth application process.

Important Activation Rule

To start earning these rewards, you must activate your card correctly. A minimum transaction of ₹100 is required within the first 30 days of card issuance. If you fail to do this, you will not be eligible for the rewards program, which defeats the purpose of holding this premium card.

Spending Exclusions

To avoid disappointment, you should know that certain transactions do not earn reward points. These include rent payments, fuel purchases, insurance premiums, EMI transactions, and government-related payments. Additionally, wallet loads, jewellery purchases, and school or educational services are excluded from the rewards program.

How to Apply for the Biz Black Metal Edition Credit Card

The application process for the Biz Black Metal Edition Credit Card is straightforward if you have your financial documents in order. Follow these steps to apply:

1. Check Your Income: Ensure your latest ITR reflects an income that meets the ₹2.5 lakh monthly (₹30 lakh annual) threshold.
2. Verify Your Credit Score: Check your CRIF or CIBIL score. You want to see a score of 750 or higher for the best chance of approval.
3. Visit the Official Portal: Use the dedicated bank link or the TechTrack application link to start your digital journey.
4. Fill the Application: Enter your business details, PAN, and personal information accurately.
5. Submit Documents: Since this is a high-limit card, you will need to provide proof of business and income.
6. Complete KYC: You might be required to undergo a Video KYC or a physical verification visit by a bank representative.
7. Track Status: Once submitted, you can track your application status through the bank's website using your application number.

Processing Timeline: Processing takes approximately 7 to 14 working days, subject to document verification speed and your existing relationship with the bank.

Credit Limit and What to Expect

Credit limits for the Biz Black Metal Edition Credit Card are assigned based on your income, credit score, and existing banking relationship. Given the high income requirement of ₹30 lakh per year, you can generally expect a substantial limit that caters to business needs.

Initial credit limits typically range between ₹5 lakh and ₹10 lakh based on your specific profile. Factors that will help you get a higher limit include a clean repayment history on existing loans and a high turnover in your business bank accounts. You can request a limit increase after 6-12 months of disciplined usage and timely bill payments.

Comparison Table: Biz Black Metal vs. Competitors

Choosing the right business card requires looking at the competition. Here is how the Biz Black Metal Edition stacks up against other premium business and high-end cards in India.

Feature	Biz Black Metal Edition	Amex Platinum Business	HDFC Diners Black (Personal)	Axis Magnus for Business
Annual Fee	₹10,000	₹60,000	₹10,000	₹12,500
Waiver Condition	₹7.5 Lakh spend	None (usually)	₹5 Lakh spend	₹25 Lakh spend
Max Reward Value	₹1.0 (SmartBuy)	Variable	₹1.0 (SmartBuy)	₹0.80 (Points Transfer)
Employment Type	Self-Employed Only	Self-Employed/Salaried	Self-Employed/Salaried	Self-Employed/Salaried
Winner For	Mid-range Business Spenders	Luxury & Concierge	Salaried High Earners	Very High Business Spend

The Biz Black Metal Edition is a clear winner for self-employed professionals who want premium rewards without the exorbitant ₹60,000 fee of an Amex Platinum Business card. It offers the same high reward value as the Diners Black but specifically caters to business spenders with higher waiver thresholds and a metal form factor.

Documents Required for Biz Black Metal Edition Credit Card Application

Since this card is exclusively for self-employed applicants, the documentation focus is on business stability and high income levels.

You will need to submit the following documents when applying:

For Self-Employed Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, or Driving License.
• Address Proof: Aadhaar Card, Passport, Utility Bills (not older than 2 months), or Property Documents.
• Income Proof: Latest 2 years' ITR (Income Tax Returns) with a computation of income showing at least ₹30 lakh per annum. You should also keep your 6 months' bank statements ready.
• Business Proof: Business registration certificate, GST registration (if applicable), Shop Act License, or Partnership Deed.

Note: All documents should be self-attested. The bank might ask for additional CA-certified financials if your business structure is complex.

Who Should Get This Card?

Should you get this card? Here is who benefits most:

The High-Growth Entrepreneur: If you are a business owner or consultant earning ₹30 lakh+ annually and your monthly business expenses (travel, software, marketing, office supplies) are around ₹1 lakh to ₹2 lakh, this card is a perfect fit. By spending ₹7.5 lakh a year, you pay no annual fee and gain roughly 30,000 to 50,000 reward points. If redeemed for travel via SmartBuy, that is ₹30,000 to ₹50,000 in free flights every year.

The Luxury Traveler: If you frequently travel for business and want to convert your regular expenses into Air Miles, this card's 1:1 transfer ratio is hard to beat. You could be earning business class seats just by paying for your office overheads.

The Professional Seeking Prestige: If you value the look and feel of your payment tools, the metal edition provides a level of sophistication that plastic cards simply cannot match. It is a conversation starter in professional settings.

You might want to skip this card if:

• You are Salaried: This card is strictly for the self-employed. If you have a regular salary, look toward the HDFC Diners Black or Infinia variants instead.
• Your Spends are in Excluded Categories: If the bulk of your business spending goes toward rent or utility bills, you will not earn rewards on those transactions, making the ₹10,000 fee hard to justify.

BankKaro Expert Review

Based on the card's features, the Biz Black Metal Edition excels at providing high-tier rewards for a relatively moderate annual fee of ₹10,000. Most cards with this level of reward potential (₹1 per point) are often priced much higher or have much steeper eligibility criteria.

The biggest limitation is the extensive list of exclusions. In today's business environment, many entrepreneurs spend heavily on digital marketing (which is fine) but also on rent and utilities. The fact that rent and utility payments do not earn rewards is a significant drawback for a "Business" card. Additionally, the strict "self-employed only" rule makes it inaccessible for many high-earning corporate professionals who might want the metal aesthetics.

Our verdict: Choose this card if you are an entrepreneur who travels frequently and can utilize the SmartBuy portal or Air Miles. The 1:1 reward ratio for travel is the gold standard in the Indian market. However, if your business spends are mostly on government fees or rent, the rewards will feel lackluster.

Terms and Conditions

While standard banking terms apply, the following specific points are critical for your application:

• The bank may offer a different card variant based on your specific eligibility and credit profile during the verification process.
• Rewards are only enabled after a successful transaction of at least ₹100 within the first 30 days.
• Spending targets for fee waivers (₹1.5 lakh for joining and ₹7.5 lakh for annual) are calculated based on settled transactions, excluding any reversed or cancelled payments.
• Reward points are valid for two to three years depending on the specific card issuance terms.