HDFC Bank Corporate Platinum Credit Card

Key Highlights of the HDFC Corporate Platinum Credit Card

• 24/7 MIS availability
• Spending analysis offered by category
• Expenses reports
• For every Rs.150 spent, 3 reward points are added.
• Accelerated reward points of 10X on expenses with merchant partners.
• Fuel surcharge waived off on fuel transactions.
• Exclusive airport lounge access.

Features and Benefits of HDFC Corporate Platinum Credit Card

Benefits of the Corporate Platinum Credit Card

• You will be receiving up to 60 Management Information System reports for better business decisions.
• Along with this, you will also get expense reports on your credit card activity.
• The bank also will provide you with cost allocation and analysis.
• The corporate companies receive adequate savings with negotiations made with airlines, restaurants and hotel chains.
• With the help of the Management Information System, paperwork will be reduced with simplifying reconciliation and other tasks.

Lounge Access Benefits

• With the Corporate Platinum card, you can visit up to 8 airport lounges in the country per year on a complimentary basis.

Fuel Benefits

• Fuel surcharge will be waived by 1% on all fuel purchases ranging between Rs.400 and Rs.5,000.
• This waiver will be applicable on all petrol pumps in the country.

Insurance Benefits

• With the credit card, the bank offers you an air accident insurance cover of Rs.1 crore.
• For accidental death in road or train travel, the insurance coverage offered is Rs.3 lakh.

Reward Point Benefits of the Corporate Platinum Credit Card

• For every Rs.150 spent, you will get 3 reward points on the card.
• The reward points will be subjected to a maximum of 6,000 per statement cycle.
• These points can also be redeemed against AirMiles as well.

HDFC Bank Corporate Platinum Credit Card Limit

The credit limit of this card will be at the discretion of the bank as well as the business or corporate company. However, the general factors for the credit limit will still be taken into consideration such as your credit score, credit report as well as your repayment habits of your past and any ongoing loans.

Reward Points by the HDFC Bank Corporate Platinum Credit Card

This credit card by HDFC Bank offers reward point benefits for the cardholder. The reward point benefits of the card are as follows:

• The bank rewards you with 3 points for every Rs.150 spent on the credit card.
• These points can be redeemed for purchases on the exclusive HDFC rewards catalogue.
• You can also redeem your reward points in exchange for AirMiles. 1 reward point = 1 AirMile.
• Your reward points will be valid for 2 years after the date of accumulation.

How to redeem reward points earned on the HDFC Bank Corporate Platinum Credit Card

Reward points can be redeemed through two methods, offline and online.

If you wish to redeem your points offline, you can download the rewards redemption form from the bank website. You will need to fill the details and then sent to the following address:

Rewards Helpdesk,

HDFC Bank Cards Division,

P.O. Box No. 8654,

Thiruvanmiyur, P.O.,

Chennai - 600041.

To redeem your point online, here are the steps you need to follow:

• Log in to your HDFC Bank net banking account.
• Click on the 'credit card'.
• Register the card, click on the 'redeem reward points' and select 'continue'.
• You will be redirected to the rewards redemption page.
• Click on 'Redeem Reward Points'.
• Select the category of the item you need.
• Once done, choose the points range to check the various products.
• You can select the items and add them to your cart.
• To check the products you have chosen, click on 'view your shopping cart'.
• Read the terms and condition and check the box.
• Click on 'redeem'. A redemption order number which is given must be noted down for future references.

HDFC Bank Corporate Platinum Credit Card Fees and Charges

HDFC Corporate Platinum Credit Card Eligibility Criteria

• The primary cardholder must be a resident or a non-resident of India.
• The add-on cardholder should be at least 15 years of age.
• If the primary applicant is a self-employed individual, he or she must be between the ages of 21 years and 65 years.
• If the cardholder is a salaried individual, he or she must be between the age of 21 years and 60 years

Documents required for applying for the HDFC Bank Corporate Platinum Credit Card

• Duly filled application form
• Copy of Form 60 and PAN card.
• Address proof which should include PAN card, Passport, Aadhaar card or a copy of your electricity bill.
• Proof of income which can include a copy of your Form 16, latest salary slips or IT returns.
• 2 passport-sized coloured photographs.
• An identity proof which includes Aadhaar card, PAN card or driving licence.

FAQs on HDFC Bank Corporate Platinum Credit Card

1. What is the cash advance fee that is levied?

   The cash advance fee levied on the withdrawal of cash using your Corporate Platinum Credit Card is 2.5% of the amount withdrawn or Rs. 300, whichever is higher.

2. How is over limit charges calculated on my Corporate Platinum Credit Card?

   Over limit charges are levied on the outstanding amount that exceeds the credit limit. The over limit charge is either 2.5% of the over limit amount, or Rs.500, whichever is higher.

3. From when is the finance charge on cash advance applicable?

   Finance charges are applicable on the cash advance made, from the date of the transaction till the date of repayment.

4. What is the charge levied on outstation cheque processing?

   For a cheque value of less than Rs.5000, a fee of Rs. 25 is levied, and for cheque value of more than Rs. 5000, a fee of Rs.50 is levied.

5. Are any charges levied on Foreign Currency transactions using Corporate Platinum Credit Card?

   Yes. The Bank charges 3.5% as cross-currency mark-up.