The SBI Corporate Utility Credit Card is a blessing in disguise for all companies looking for simple and hassle free ways to pay their utility bills. Easy to use along with plenty of benefits, this credit card allows corporates to manage their spends and also their savings. Security and transparency is given utmost priority and customers can also benefit from a variety of other convenient and advantageous features. In short, this is a must-have card for all companies.
SBI Corporate Utility Credit Card utilizes the Visa Bill Pay - Corporate facility which is an online solution enabled for all corporates to pay their monthly utility bills. It can be accessed by logging on to the official website anytime and anywhere so as to make payments. There are many benefits to the Visa Bill Pay - Corporate:
Bill Desk Bill Pay- Corporate:
Spend Category Control
Customized Solution & Controls
|Type of Charge||Amount|
|Extended credit - Interest Free Period||A period of 15 to 32 days and this is applicable only on retail related shopping, if the outstanding balance amount from the previous month is paid completely|
|Extended credit - Finance Charges (only for a consolidated statement)||A maximum of 3.35% per month or 40.2% per annum calculated from the date of transaction.|
|Total Amount Payable||For consolidated statement it is the total outstanding amount due.|
|Extended credit - Minimum Amount Due||It is the total amount that is due|
|Payment dishonor fee||2 % of the cheque amount or a minimum of Rs. 450|
|Foreign Currency Transaction||Conversation markup : 3.5%|
|Replacing the card||Complementary|
|Order of Payment||The first is the total amount that is due and this includes settlement of GST. This is then followed by fees and other charges followed by interest charges, retail outstanding and finally cash advance.|
|Cash Advance Fee||
|Late Payment Charges||
|Annual Reward Fee||Rs.300|
|Rewards redemption fee||Rs.99|
No, there is no joining fee charged while procuring an SBI Corporate Utility Credit Card
Corporates receive 2 e-statements for their SBI Corporate Utility Credit Card. These include:
No, there is no fee charged for an emergency card replacement and is complementary.
No, there is no annual fee that is applicable on the SBI Corporate Utility Credit Card.
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