Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
SBI Corporate Central Travel Account Credit Card is a corporate credit card which has been primarily designed to streamline all kind of travel expenses and requirements of an air-travel under one roof. It provides the user an extended credit period of 20-50 days without charging an interest fee. SBI Central Travel Account cardholders can not only streamline travel expenses and corporate reimbursements, but they can also enjoy the privileges of dedicated customer care, integrated expense management, and centralised payment facility.
| Better visibility and control | SBI Corporate Central Travel Account Credit Card combines all air travel expenses in a centrally billed account. |
| Maximize Travel Expense Visibility | Subscribing to the idea of “One Bill, One Payment”, SBI Corporate Central Travel Account Credit Card merges all travel expenses into one billing account. |
| Spend Category Control | SBI Corporate Central Travel Account Credit Card helps a cardholder restrict the card usage for daily, monthly, or weekly expenses on select merchant categories. |
| Customised User Defined Fields | With SBI Corporate Central Travel Account customers can also request to customise their data file using 8 ‘user-defined fields’. |
| Gain Efficiency and Savings | Organisations can easily manage the reimbursement processes of its employees’ travel expenses using SBI Corporate Central Travel Account Credit Card |
| Streamline reconciliation | SBI Corporate Central Travel Account Credit Card integrates Visa IntelliLink with expense management systems thereby centralising transaction as well as reimbursement processes. |
| Dedicated Customer Support | SBI Corporate Central Travel Account Credit Cardholders get access to a dedicated service desk to address their queries and complaints on a top priority basis. |
| Interest-Free Credit Period | An interest-free period of 20-50 days is given by the bank for the card. |
| No Joining Fee and Annual Fee | SBI Corporate Central Travel Account Credit Card is a lifetime free card. |
| Type of Charge | Amount |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Free credit period | Nil |
| Emergency card replacement | Free |
| Interest-free credit period | 20 days to 50 days (This facility is available only on the purchase goods and merchandises and only when outstanding balance of previous month is fully paid) |
| Cash advance limit | Variable |
| Cash advance charges |
|
| Foreign currency transaction conversion markup | 3.5% |
| Rewards redemption fee | Up to Rs.99 |
| Late payment charges |
|
| Penalty for invalid cheque or cheque bounce | 2% of cheque amount where the minimum amount is Rs.350 and the maximum amount is Rs.500 |
| Charge slip retrieval fee | Rs.225 per charge slip |
| OTC cash payment fees | Rs.100 + GST |
| Finance charges | Up to 3.35% per month amounting to 40.2% per annum from the date of withdrawal |
Surcharges and Surcharge Waivers
| Railway tickets: |
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| Petrol & all products/services | Rs.10 or 1% of the transaction value (whichever is higher) |
| Surcharge Waivers |
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| Maximum Surcharge Waiver |
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Since SBI Corporate Central Travel Account Credit Card is a corporate card, the eligibility is based on the volume of the organisation as per the financial statement submitted at the time of application.
SBI Corporate Central Travel Account Credit Cardholders can get a maximum waiver of 1% for single transaction spends when they purchase fuel and other related products and services for an amount ranging between Rs.500 and Rs.4000. The maximum surcharge waiver permitted for a single credit card account per cycle is Rs.250. The surcharge waiver excludes GST and other applicable charges.
For SBI Corporate Central Travel Account Credit Card, payments made for a cardholder account will be settled in the order of:
Applicable taxes charged on all the fees, Interest, and Charges on the SBI Corporate Central Travel Account Credit Card include:
The finance charge is subject to changes, and calculation of the fee is based on the cardholder’s usage and payment patterns.
To prevent any fraudulent usage, customers should immediately contact the SBI Corporate Central Travel Account Credit Card dedicated service desk and report the loss of card to block the card account instantly.
For further assistance, customers can call SBI credit card customer care at 39020202 (using STD code as a prefix) or 18601801290.
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