Business Owner CC Query: HDFC Biz Power, Regalia Gold & Kotak Card Recommendations
Hi CC geeks,
Need some advice for a friend’s credit card and banking setup.
Current banking relationship:
Kotak Mahindra Bank – Current Account
IDFC FIRST Bank – Savings Account
He’s now planning to open a second current account with HDFC Bank, and the bank is offering the Biz Power credit card.
A couple of questions:
Would it be better to first get an HDFC core card (e.g., Regalia Gold) and then apply for HDFC business cards later? Is there any long-term advantage to doing it in this order?
Does Kotak have any debit or credit cards that are particularly rewarding for business-related spends such as:
- Utility/bill payments
- Insurance premiums
- Tax/GST payments
Would love to hear your experiences and recommendations.
Thanks in advance!