HDFC Bank Corporate Credit Card

Key Highlights of the HDFC Bank Corporate Credit Card

A credit card that simplifies your business needs and rewards your spending is precisely what the HDFC Bank Corporate Credit Card is. It not only provides you with access to 60 MIS reports to help you make informed decisions, but it also provides you access to airport lounges across the globe.

• 24x7 online Management Information System (MIS) availability.
• Minimisation of paperwork and accounts reconciliation.
• Complimentary Priority Pass membership which gives you access to airport lounges across the globe.

Features and Benefits of the HDFC Bank Corporate Credit Card

Your HDFC Bank Corporate Credit Card has features and benefits for both the business and the cardholder.

Let's take a closer look at them.

For the Corporate

• Access to MIS reports 24x7.
• 60 MIS reports to help you make informed business decisions.
• Get access to expense reports and cost allocation

• Analyse spending by category.
• Get a summary of cost allocation and other details including merchant summaries.
• Enjoy detailed information regarding transactions made by individual employees.
• Save via better negotiations made with hotel chains, airlines, etc.
• Streamline different accounting systems and procedures.
• Minimise paperwork involved in your daily reconciliation and compliance tasks.

For the Cardholder

• Earn 5 Reward Points per Rs.150 that you spend.
• 10x Reward Points on transactions made at selected merchants.
• Reward Points are capped at 10,000 per billing cycle.

• 1 Reward Point = 1 air mile.
• You can transfer your points to a number of frequent flyer programmes. These include:
• British Airways.
• Jet Airways (JPMiles can still be used for tickets from other airlines).
• Singapore Airlines (KrisFlyer miles).
• Club Vistara.
• You can also redeem points for hotel stays with partner hotels.

With the HDFC Bank Corporate Credit Card, you get to enjoy a complimentary Priority Pass membership. This membership entitles you to:

• Up to 6 free visits to airport lounges internationally.
• You can access over 1,000 airport lounges across the globe with Priority Pass.

Note: Priority Pass membership is provided on request only. To activate your membership, follow the instructions provided in the link sent to you for the same by the bank.

Using your Corporate Credit Card, you also get:

• Up to 8 free visits to domestic lounges each year.

Book flights and hotels via HDFC Bank Corporate Credit Card's dedicated travel portal.

With your HDFC Bank Corporate Credit Card, you get insurance coverage of:

• Up to Rs.1 crore for air travel.
• Up to Rs.3 lakh for road and rail travel.

With the HDFC Bank Corporate Credit Card, you get to enjoy a 1% fuel surcharge waiver on all fuel transactions.

Note: The fuel surcharge waiver is applicable only on fuel transactions between Rs.400 and Rs.10,000.

HDFC Bank Corporate Credit Card Limit

The credit limit on your card will be determined by the bank. It is based on a number of factors such as the company's profitability and the credit repayment history of the company as well.

Reward Point Benefits with Your HDFC Bank Corporate Credit Card

The HDFC Bank Corporate Credit Card also rewards your spending. Here's what you get with this card:

• 5 Reward Points per Rs.150 spent.
• 10x Reward Points when you use the card to shop at selected merchants.
• 10x Reward Points when you use the card for corporate travel.

How to Redeem Reward Points Earned on Your HDFC Bank Corporate Credit Card

You can redeem the points you earn for products from the bank's rewards catalogue. You can also redeem points for air miles.

Here's how to go about it online:

• Login to your HDFC credit card NetBanking.
• Register your credit card. If you have already registered your card, proceed to the next step.
• Select 'Redeem Reward Points', choose your card, and proceed.
• You will be redirected to the online redemption portal.
• Once again, select 'Redeem Reward Points', set the points range, and choose from a product or products from the rewards catalogue.
• Before you decide to check out, do a quick check of your address and other personal details. This is an important step since the product you redeem will be sent to your registered address.
• If your address or other details need to be updated, make sure you first call HDFC credit card customer care and have your details updated. You can proceed with redeeming your points once this change has been made.
• Select 'Redeem' and confirm your request. Do take note of the redemption order number. You will need this number for all further communication you may have regarding that particular redemption.

Alternatively, you can fill out the form for redemption and send it by post to:

• Rewards Helpdesk

HDFC Bank Cards Division

P.O. Box No. 8654

Thiruvanmiyur P.O.

Chennai 600 041

Fees and Charges for HDFC Bank Corporate Credit Card

Eligibility for the HDFC Bank Corporate Credit Card

Since this credit card is for businesses, the eligibility criteria are based on the business that is applying for this credit card.

The eligibility will depend on the profitability of the company as well as how much debt the company currently has.

Documents Required for HDFC Bank Corporate Credit Card

The documents required will vary from business to business. In general, though you will have to provide identity, address, and income-related documents.

How to Apply for the HDFC Bank Corporate Credit Card

Currently, you can't apply for the HDFC Bank Corporate Credit Card online. However, you can apply for the card by contacting the bank's customer care centre. Alternatively, you can visit an HDFC Bank branch and apply for the card in person.

FAQs on HDFC Bank Corporate Credit Card

1. What is the validity of the Reward Points on my credit card?

   Your Reward Points are valid for two years from the date of accumulation. So, if you earn your points in July 2023, they will expire in July 2025.

2. Is there any cap on the Rewards Points that I earn?

   The 5 Reward Points you earn are capped at 10,000 points per statement cycle and the 10x Reward Points are capped at 25,000 points per month. Insurance transactions have a cap of 2,000 Reward Points per transaction.

3. Is there a cap on the fuel surcharge waiver you get on the HDFC Bank Corporate Credit Card?

   The fuel surcharge waiver on this card is capped at Rs.1,000 per billing cycle.

4. What is the interest-free period on this card?

   You get to enjoy an interest-free credit period of up to 50 days.

5. What is each Reward Point earned on my HDFC Bank Corporate Credit Card worth?

   Each Reward Point, when redeemed on the HDFC Bank Corporate Card website, is worth 30 paise.