SBI Corporate Purchase Credit Card

SBI Corporate Purchase card is designed to help customers manage their finances by keeping a track on their spending pattern, maintaining expenditure, and a lot more. Customers also get an interest free credit period up to 50 days along with e-statement facility, 24-hour assistance, and more importantly an insurance coverage that is valid for both international and virtual purchasing.

SBI Corporate Purchase Credit Card - Features and Benefits

SBI Corporate Purchase Credit Card aims to effectively reduce the many minute steps involved in a business transaction. For any corporate organisation, reducing the expenses to manage the business is at heart of gaining more profit. The features and benefits of SBI Corporate Purchase card make it an absolute go-to for simplifying business to business purchases.

1. Smart Expense Management: SBI Corporate Purchase Credit Card helps customers track, control, and review the company's expenses to ensure policy compliance with the company as well as check for any kind of infringement. The Corporate Purchase Card also offers the advantage to track the spending information by using self-service interactive reports which offer multiple filters, sort options, and drill-down ability to get an accurate result. With VISA Intellilink, individuals no longer need to make budget cuts to control expenses more efficiently. The expense management feature also includes:
   1. Dashboards to capture and store snapshots of important information.
   2. Email alerts for key events, such as programme thresholds, approvals, and disposal of reports or statements.
   3. Deep dive ability to analyse international transactions made by the customer.
2. Spend Category Control: With SBI Corporate Purchase card transactions at non-permitted retail categories by the employees are restricted which helps in keeping the expenditures within the allowed limits. The organisation can also put a limit on the purchases of select merchant categories on a daily, weekly, and monthly basis. Keeping a tab on expenditures, in turn, offers more protection against any misuse, fraud, or embezzlement on the card.
3. Expense Analysis: Customers can choose to track the expenses category-wise with SBI Corporate Purchase Credit Card which allows them to understand the spending pattern and transaction trends in a better way. The user interface of this card is based online and does not need any change in the existing system. Also, the category-wise analysis of expenses not only ensure compliance with company policies and prevent any policy breach but also influence and negotiate better deals with vendors and suppliers.
4. Fraud Prevention: SBI is determined to protect its customers against security concerns and fraudulent activities. Therefore, SBI Corporate Purchase Credit Cardholders are covered by the Fidelity Guarantee Insurance against fraud. The insurance also covers the company's liability if any fraudulent charges are made against or by the cardholder. Moreover, the insurance policy remains valid on transactions made internationally as well as virtually.
5. Interest-Free Credit Period: The interest-free credit period that ranges from 20 to 50 days on the dues against retail purchases is a great feature of SBI Corporate Purchase Card. With this facility, business organisations can reimburse the credit amount as per their convenience. One can avail this facility by paying the outstanding balance of previous month in full.
6. E-statement: With SBI Corporate Purchase Credit Card, there is no scope to worry about postal delays of statements, loss of statement, and subsequent late payments. Cardholders will receive a detailed statement delivered to their registered e-mail ID to keep track of monthly spending.
7. Customer Services: A 24x7 SBI credit card customer care team is present to help the customers with their queries and complaints. Customers can call 18601801290 or 39020202 (with local STD code) for support and assistance whenever required.