Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

Axis Bank, one of India’s largest private banks, has teamed up with global payment giant Mastercard to introduce MyBiz, a premium business credit card specifically designed for sole proprietors and small business owners. This collaboration marks a significant development in the business credit card segment, offering a wide array of benefits.

The MyBiz card, part of the World Mastercard® category, is tailored to meet the diverse needs of small and medium enterprise (SME) owners. It provides access to a variety of business services, including productivity, marketing, online readiness, security, and compliance support through Mastercard Easy Savings Specials.

In addition to business-related benefits, cardholders will enjoy travel perks like airport lounge access and comprehensive travel insurance. They can also experience curated lifestyle offers related to wellness, sports, and dining through Mastercard’s Priceless platform.

Vivek Gupta, President & Head of Wholesale Banking Products at Axis Bank, emphasized the bank’s commitment to innovation, stating that the MyBiz card offers an end-to-end digital solution for small business clients. It provides increased rewards, purchasing power, and protection features, simplifying transactions for business owners.

Anubhav Gupta, Senior Vice President of Business Development at Mastercard, highlighted the card’s significance, noting that as India sees steady growth in entrepreneurship, MyBiz offers a powerful tool to support business, travel, and lifestyle needs, setting a new benchmark in the credit card market.