Corporate Premium Credit Card

HDFC Bank Corporate Credit Cards. Ready For You

  • Earn 5 Reward Points for every Rs. 150 spent on your card
  • Complimenatry 5 domestic airport lounge visits per quarter and 6 international per calendar year through Priority Pass
  • Accident insurance cover of Rs 1 Crore for air travel and Rs 3 lakhs for road and rail travel
ENQUIRE

 

Benefits of Corporate Premium Credit Card

  • Insurance Protection up to Rs 1 Crore
  • 5 Domestic (Quarterly) and 6 International Airport
    Lounge Access (Annually)
  • upto 50 days interest-free credit period
  • Exclusive Reward Points
  • 1 % Fuel surcharge waiver

 

Apply Online


Key Feature Summary

  • 5 Reward Points for every Rs. 150 spent (Maximum of 10,000 reward points per statement cycle)
  • 5 domestic airport lounge visits quarterly & 6 International annually via Priority Pass program
  • Corporate Liability Waiver Insurance
  • Insurance Protection up to Rs 1 Crore
  • Exclusive SmartBuy Corporate Portal for offers and Reward redemption

Corporate Benefit

Better Visibility through Enhanced Reporting Tools

  • Easy accessible online reporting tool anytime, anywhere
  • Get customized reports on expenses, spend categories and behaviour for better informed business decisions
  • View detailed transaction information at employee level

Advanced Reconciliation Process

  • Get consolidated reports for transactions across the globe
  • Easy integration with existing accounting systems
  • Paperless claims. No need to save bills.
  • Faster and efficient processing
  • Simplfied reconciliation and compliance tasks

Greater Savings

  • Upto 50 Days Credit Period
  • Better negotiations with airlines, hotel chains, etc allowing better savings for the business

Additional Features

  • Interest Free Credit Period: Avail up to 50 days of interest free period on your HDFC Bank Corporate Premium Credit Card from the date of purchase (subject to the submission of the charge by the Merchant).
  • Foreign Currency Markup: 2.5% on all your foreign currency spends.
    ​​​​​​​(These charges will be billed on your subsequent statement within 60 days of date of visit. Currency conversion rate is applicable as on the date of settlement.

Lounge Access

HDFC Bank Corporate Premium Credit Card Lounge Access Program

  • 5 complimentary Domestic lounge access per quarter
  • 6 complimentary international lounge access per calendar year through Priority Pass program.

Click Here for Lounge list

Corporate Liability Waiver

Get Corporate Liability Waiver Insurance to protect against risk of employee fraud with a card level cover of INR 2,00,000 and corporate level cover of INR 25,00,000

For more details Click here

Insurance/Comprehensive protection & Nominee details for Insurance

HDFC Bank Corporate Premium Credit Card offers comprehensive insurance covers for the primary cardholders

  • Air Accidental death: your nominated kin will receive a compensation of Rs. 1 Crore
  • Emergency Medical Expenses: Protection worth up to Rs. 1 lakh against any medical emergency when you are travelling, and are outside your home country
  • Flight Delay: Cover of up to INR 15,000 available to primary card holder
  • Loss of Checked Baggage: Cover of up to INR 15,000 available to primary card holder
  • Missed Connecting International Flight: Cover of up to INR 15,000 available to primary card holder
  • Nominee Details Webform

Click here to know Insurance Terms and Conditions

Fuel Surcharge Waiver

  • 1% Fuel surcharge waiver on fuel transactions between Rs. 400 to Rs. 10,000 only, across all petrol pumps
    ​​​​​​​*Fuel Surcharge Waiver capped at Rs.1000 per statement cycle (GST Applicable)

Exclusive SmartBuy Corporate Portal

SmartBuy Corporate, an exclusive earn and burn portal for Corporate Credit cardholders

You can choose to redeem your Reward Points instantly against:

  • Airline ticket booking
  • Hotel booking
  • Reward redemption catalogue
    ​​​​​​​1 Reward Point = INR 0.30 when redeemed on offers.smartbuy.hdfcbank.com/corporate

For more offers Click here 

Rewards Redemption & Validity

  • Redeem Reward Points for miles against leading International and Domestic airlines, hotels and catalogue options.
  • Reward points are valid up to 2 years 
  • Reward points will not be accrued on transactions made towards rent payment

(Please complete Frequent flyer registration before attempting Airmiles redemption in NetBanking)

(Enable your Credit Card for International usage and upgrade your international daily limit, effortlessly, through NetBanking)

Click here to know the Terms & Conditions of the Rewards Program

Contactless Payment

  • The HDFC Bank Corporate  Premium Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets.

*To see if your Card is contactless, look for the contactless network symbol <Add symbol> on your Card. 

(Please note that in India, payment through contactless mode is allowed for a maximum of ₹5000 for a single transaction where you are not asked to input your Credit Card PIN. However, if the amount is higher than or equal to ₹5000, the Card holder has to enter the Credit Card PIN for security reasons)

FAQs

Corporate Cards- Frequently Asked Questions

1. Which entity types are eligible for corporate cards?

Private Limited, Public Limited & Partnership firms/LLP 

2. What is the minimum annual turnover required to apply for corporate cards?

Minimum annual turnover required to apply for corporate cards is 10 Crs 

3. What if the turnover of the company is less than 10 Crs?

Company can still apply for corporate cards basis secured collateral like Fixed deposit, Bank Guarantee etc 

4. What are the liability types available on corporate cards?

HDFC Bank offer 3 programs as below, corporate can choose any one: 
 

S.No  Liability Type  Brief Program details 
1  Corporate Sole Liability  Corporate is liable towards the entire Outstanding on the card 
2  Corporate Joint & Several   Both Card holder & Corporate are jointly & severally liable towards the Outstanding on the card 
3  Corporate Declaration / Individual Liability  Card holder is  liable towards the Outstanding on the card 

5. Can a cardholder hold a corporate & individual HDFC Bank credit card (both at same time)?

Yes, cardholder can hold a corporate & individual card (consumer) under Sole, J&S & LLP programs.  However under declaration/ Individual liability program a cardholder can hold both the card only if corporate is eligible as part of dual carding policy (Dual card process rolled out separately) 

6. What are the card variants available in corporate cards?

We have two variants in corporate cards as below: 

  • Corporate Platinum  – Minimum credit limit required is INR 30 thousand (30K to 2 Lac)
  • Corporate Premium – Minimum credit limit required is INR 2 lakhs

7. What is the reward point structure on corporate cards?

  • Platinum cards – 3 reward points for every INR 150 spent (max 6000 per statement cycle)
  • Premium cards – 5 reward points for every INR 150 spent (max 10000 per statement cycle) 

8. Can reward points be consolidated at company level?

Yes, reward points can be consolidated for corporates with turnover greater than 200 Cr i.e Corporate segment & not eligible under Business Corporate segment. 

9. What is the Airport lounge benefit provided on corporate cards?

Corporate Platinum – 8 (2 per Quarter) complimentary visits to Domestic Lounges within India through Corporate card. 

Corporate Premium: 20 complimentary visits to Domestic Lounges (5 per quarter) within India through Corporate card & 6 Complimentary International Lounge per calendar year (outside India) using Priority Pass. 

10. Can Lounge visits be customized for a corporate or on certain cards?

Lounge visits on corporate cards cannot be customized 

11. What is Floater, how does it works?

Floater gives a flexibility to allocate credit limit at card level. 

For e.g. – If the approved limit for corporate is 10 Lakhs, & corporate wants 20 cards with a limit of 1 lakh / card, same is possible with floater, i.e. – overall limits on all cards can be 20 lakhs, however at no point of time, total exposure on all cards be greater than 10 lakhs 

12. Is cash withdrawal permitted on corporate cards? Can cash withdrawal limits be customized?

Yes, cash withdrawal is permitted on corporate cards.  

13. Is it possible to push card transaction data to corporate ERP system?

Yes, transaction wise data can be pushed to corporate’s ERP system. HDFC Bank is integrated with all major ERP systems such as Concur, Oracle, Happay, Zoho, please confirm the ERP system which corporate is using & raise the query to CTA Support desk. 

14. Is there any cost to corporate for pushing data to ERP system?

No, there is no cost to corporate for pushing of data to ERP system 

15. Can a corporate restrict usage of cards on certain merchants?

Yes, merchant category wise (MCC) restriction is possible on corporate cards 

16. What are the Insurance covers provided on corporate cards?

Below are the various insurance covers provided on corporate cards: 
 

Air Accident Insurance   Up to INR 1 Crore  
Rail/ Road Accident   Up to INR 3 Lacs 
Lost Baggage   Up to USD 200 for International & INR 10,000 for Domestic flights 
Delay in Baggage   1) Cover of USD 125 for International Flights 

2) Cover of  INR 5,000 for domestic Flights 

Loss of Passport/Visa  Up to INR 25,000 for International Travel Only  
Loss of Air Ticket   Up to INR 10,000 for International Travel Only  
Hijacking   1) Up to INR 1,50,000 for Domestic & USD 2000 for International Flights 

17. What is Corporate Liability Waiver Insurance (CLWI)?

CLWI provides a cover to corporate in case any employee becomes dishonest or goes absconding & corporate is unable to recover amount due on card from him  

  • Cover per card – Equal to credit limit on the card subject to maximum of INR 2 Lakhs
  • Corporate level insurance – INR 25 Lakhs / annum

18. Can insurance covers be customized or can a corporate buy additional covers?

This is standard product feature and cannot be customized 

19. What are the various reports / MIS’s available for Corporates?

Corporate can get access to reporting tools (SDG2 powered by MasterCard or Intel Link powered by VISA) & view / create various customized reports for the spends done by card holders such as employee wise, merchant wise and various other reports 

20. What are the statement options available for corporate cards?

Card holder can receive an E-statement or physical statements. In addition, the corporate key contact will receive consolidated statement for all cards 

21. What is the Credit Period for Corporate Cards?

Up to 50 Days Interest Free Credit Period 

22. What are the payment options for corporate cards?

Payments can be made via cheque, auto debits or online modes such as NEFT, RTGS 

  • Payment can be made by individual corporate card holders or the corporate directly
  • Corporate can make a consolidated payment for all cards by providing bifurcation of amount to be transferred on individual cards 

23. What are various channels for servicing on corporate cards?

Maintenance activities for Sole, J&S liability programs can be managed through:  

  • Corporate Servicing - Authorized signatories can write an email to corporate servicing team for all maintenance activities
  • Corporate Service Portal – Corporate can be provided with access to corporate portal to carry out certain real time maintenance activities 
  • Card holders on declaration / individual liability programs need to call customer service center to carry out maintenance activities

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