Managing a business is no easy task. But there are ways to make the day-to-day management of your business easier. One way of doing that is to get the HDFC Bank Corporate Visa Signature Credit Card. It provides you with access to 60 MIS (management information system) reports to help facilitate better decision making.
Add to this the rewards you get when you use it, this sure is a card that businesses should consider.
This card provides benefits to the corporate as well as the cardholder. Here are the features and benefits of the card for both these groups.
Note: Your Priority Pass Membership is on request. You will be sent a link when you receive your card. If you wish to activate your Priority Pass Membership, you will be required to fill in the details and follow the instructions provided in the link.Domestic Airport Lounge Access
As the primary cardholder, you can set aside a portion of the total credit limit as the net limit. You can use this net limit to make online transactions.
For instance, if your total credit limit is Rs.5 lakh, and you set aside 25% as the net limit, you can make online transactions that total to Rs.1,25,000 per billing cycle.
The credit limit on this card will depend on a number of factors. This includes the number of years the corporate has been in business and its income among other factors.
The redemption process for your Corporate Visa Signature Credit Card is the same as any other personal credit card you may own. Here's what you need to do to redeem your points:
Alternatively, you can fill out the 'Redemption Form' and send it by post to:
HDFC Bank Cards Division
P.O. Box No. 8654
Chennai 600 041
|Type of Charge||Amount|
3.05% per month
|Minimum repayment amount||
5%, subject to a minimum of Rs.200
Sole liability: 100% of the outstanding amount
|Late payment fee||
- Less than Rs.100: Nil
- Rs.100 to Rs.500: Rs.100
- Rs.501 to Rs.5,000: Rs.500
- Rs.5,001 to Rs.10,000: Rs.600
- Rs.10,001 to Rs.25,000: Rs.800
- Greater than Rs.25,000: Rs.950
|Rewards redemption fee||
|Foreign currency transaction||
3.5% of the transacted amount
|Over limit charges||
2.5% of the amount over the limit, subject to a minimum of Rs.500
Eligibility for this card will differ from business to business. To find out if you are eligible for this card or not, consider calling or visiting the bank.
Like with any credit card, your HDFC Bank Corporate Visa Signature Credit Card too will require you to submit certain documents. The kind of documents you submit will vary from business to business.
There currently isn't any way to apply for this credit card online.
What you can do, however, is contact the bank's customer service centre to find out how you can apply for this card.
The other way to apply for this card is to visit an HDFC branch and speak to a bank representative.
You can check the status of your application online. You will have to enter the 16-digit application number, your mobile number, and your date of birth in DDMMYYYY format to check your application status.
Your Reward Points are valid for two years from the date of accumulation. This means that points earned in July 2019 will expire in July 2021.
While there is no cap on the points you earn, the Reward Points earned on insurance transactions is capped at 2,000 points per transaction.
If you exceed the number of free visits to international airport lounges, you will be charged $27 + GST per visit. Keep in mind that the dollar rate you will be charged will be the rate prevailing on the day of the transaction being billed.
All lounge charges will be posted to your credit card statement within 90 days from the date of which you visited the lounge.
Yes. The primary cardholder is covered up to Rs.25,000 for any hospitalisation expense that is incurred as a result of the primary cardholder having met with a road or rail accident.
The air travel insurance on your card provides insurance coverage for the following events:
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