IDFC FIRST Bank Business Multiplier Landing

Lounge access

• Airport lounge access (requires minimum monthly spends of ₹20,000): Up to 1 domestic complimentary visit per quarter at participating Indian airport lounges (domestic and international terminals).
• Up to 1 complimentary visit per quarter at select Global Airport Terminals.
• Benefit shared between primary and all add-on cardholders.
• Nominal ₹2 authorization charge to verify card.
• Each cardholder permitted one entry per visit.
• Access up to 2 hours.
• Indian lounges via EliteAssist.
• Global lounges via DreamFolks (DreamFolks Card).

Verified · Business Multiplier Credit Card – Privileges & Program Terms (Rewards/Lounge T&C) · 2026-08-03 · source

Forex markup

Markup charges on foreign currency transactions including DCC: 1.99%.

Verified · MITC – Business/Commercial Credit Cards (governs Business Multiplier) · 2026-08-03 · source

Charge

• Charges (BC_MITC_FEB25): Joining Fee ₹999.
• Annual Fee ₹999.
• Add-on Card ₹499 (joining) / ₹499 (annual).
• Finance charges (Interest Rate on Purchases, Cash Advances and Outstanding Balances) Monthly 1.25%-3% / Annual 15%-36%.
• Overdue Interest Monthly 3.99% / Annual 47.88%.
• Cash Advance Fee - Transaction fee ₹199.
• Late Payment Fee 15% of Total Amount Due (minimum ₹100, maximum ₹1300).
• Return of Cheque / Auto Debit / Payment Return 2% (minimum ₹500).
• Fee on cash Payment at Branches ₹250.
• Reward Redemption Fees NIL.
• Outstation Cheque / Cash Processing Fees ₹250.
• Card Replacement Fee ₹199 (no fee on digital form factor).
• Cheque/Cash Pick Fee ₹250.
• Chargeslip Request ₹100.
• Markup Charges on foreign currency transaction including DCC 1.99%.
• Duplicate Statement Fee ₹100.
• Rent and Property Management 1% of transaction value, minimum ₹249 per transaction.
• Education Payment Fees 1% of transaction amount on education payments via third-party apps.
• GST at 18% on all fees, interest and other charges.

Verified · MITC – Business/Commercial Credit Cards (governs Business Multiplier) · 2026-08-03 · source

Interest-free period

• Interest-free (grace) period shall not exceed 45 days.
• Not applicable if previous month's balance not cleared in full.
• 3-day grace period from payment due date for processing.

Verified · MITC – Business/Commercial Credit Cards (governs Business Multiplier) · 2026-08-03 · source

Fuel surcharge waiver

• Fuel surcharge waiver: 1% of fuel transactions between ₹200 to ₹5000.
• Up to ₹500 per statement cycle (excluding GST).

Verified · MITC – Business/Commercial Credit Cards (governs Business Multiplier) · 2026-08-03 · source

Milestone benefit

• Lounge access is unlocked on a minimum monthly spend of ₹20,000.
• Spends and cash withdrawal between the 1st and last day of a calendar month are considered for access in the next month (threshold stated on official source).

Verified · Business Multiplier Credit Card – Privileges & Program Terms (Rewards/Lounge T&C) · 2026-08-03 · source

Travel benefit

• Trip Cancellation Cover (Cancel For Any Reason): Eligible cover ₹25,000 fungible between flight and hotel bookings, usable across a maximum of two transactions during the policy period (8th May'25 or issuance date, whichever later, till 7th May'26).
• Covers non-refundable portion not refunded by merchant.
• Cancellation must be at least 24 hours before travel/stay date.
• Shared between Primary and Add-On cardholders for maximum of 2 cancellations.
• Claim intimation within 30 days.
• Document submission within 60 days of cancellation.

Verified · Business Multiplier Credit Card – Privileges & Program Terms (Rewards/Lounge T&C) · 2026-08-03 · source

Insurance

• Complimentary Road Side Assistance (RSA) all over India, up to 2 times a year, worth ₹1,399, through Global Assure (available only for vehicles registered in the cardholder's name).
• Includes towing (up to 50 km), jump start, tyre change, breakdown support, spare keys arrangement, fuel arrangement (up to 5 litres chargeable), extraction/removal, message relay and ambulance referral.
• Maximum liability of Global Assure for any damage during towing is ₹5000 per incidence.

Verified · Business Multiplier Credit Card – Privileges & Program Terms (Rewards/Lounge T&C) · 2026-08-03 · source

Eligibility

• Lounge access program open only to cardholders carrying Business Multiplier Credit Card issued in India.
• Each cardholder permitted one entry per visit.

Verified · Business Multiplier Credit Card – Privileges & Program Terms (Rewards/Lounge T&C) · 2026-08-03 · source

Official terms

https://www.idfcfirst.bank.in/credit-card/ntb-diy/business-multiplier-landing.

Verified · Business Multiplier Landing product page · 2026-08-03 · source