SBI Signature Corporate Credit Card

The SBI Signature Corporate Credit Card is designed for the frequent business traveller. The card is made to deliver convenience together with exclusivity. The card benefits the organisation as well as the employee. Organizations can easily keep track of employee’s expenditure and manage spending and settlements. They can also evaluate spending behaviours and patterns and even forecast future expenditure and budgets. On the other hand, employees who hold the card can enjoy privileges without the organisation spending a fortune.

Features of SBI Signature Corporate Credit Card:

The card is accepted worldwide. There are more than 24 million outlets in the world which includes 3, 25,000 outlets in India, where cardholders can use their SBI Signature Corporate Credit Card.

Both employee and employer can benefit from this card. While the employee can enjoy benefits and privileges offered with this card, employers can have a better hold on what they spend on and how much.

EMV chip and pin feature provides top security against counterfeiting and fraud.

The card works on VISA Intellink Spend Management which is easy to use and convenient.

Companies can review, control and manage the expenses on the employee better.

As a corporate, you can control the expenses of your employee so that you don’t end up with unnecessary money spent. The card comes enabled with a feature to restrict spends in certain categories.

With the SBI Signature Corporate Credit Card, cardholders can enjoy unmatched privileges like complimentary lounge access, priority pass membership and free insurance.

Benefits of SBI Signature Corporate Credit Card:

The benefits of this card is divided into two segments as two entities enjoy the features of this card.

Benefits to the organisation:

• VISA Intellink Spend Management:

  The card is enhanced with VISA Intellink Spend Management which helps your organisation manage and control employee spends. The interface and dashboard are user friendly to give you a better experience.

• Expense Management:

  You can review spends on the credit card. You will have more control over costs and you can use your buying leverage to get cheaper flight tickets and better terms with airlines and hotels.

• Quick data processing:

  The credit card is equipped with fast data processing which allows you to review the whole organisation’s spending information on a daily basis.

• 24/7 Information:

  Information is available round the clock and you have real-time expense management.

• Control over spend categories:

  You can also choose to block undesired merchant category codes. This gives you better control over what the credit card can be used for.

• Priority help desk:

  SBI provides a service helpdesk and relationship managers to assist you with anything needed by your organisation 24/7.

• No more snail mail statements:

  E-statements ensure that your statements are always delivered to your inbox without delay.

• Consolidated payment:

  An organisation can pay the collective expenses on all the corporate cards in one consolidated payment.

Benefits to the Employee:

• Complimentary Lounge Access:

  Your employees can enjoy complimentary access to 22 airport lounges in India and abroad. They also get access to a resting and nap area, including a shower, and complimentary F&B.

• Priority Pass Membership:

  With complimentary priority pass membership, cardholders get access to over 600 international airport lounges around the world.

• Complimentary Accident Insurance:

  Cardholders also receive free insurance that covers air accidental death up to Rs. 1 crore.

• Insurance against lost card:

  Complimentary insurance is also given for lost card liability.

• Free travel insurance:

  Complimentary travel insurance against lost baggage, delayed baggage, lost passport and flight delays.

• Concierge services:

  Cardholders get access to free concierge services that are personalised and available around the clock.

• Replacement cards:

  In case of lost card, the card will be replaced immediately in case of an emergency.

• Emergency Cash:

  If there is a cash facility on the card, your employees can withdraw cash in case of emergencies.

• Fuel surcharge:

  For transactions between the amount of Rs. 500 and Rs. 4000, a 2.5% fuel surcharge will be waived for payments made with the SBI Signature Corporate Card.

• Signature Offers:

  With the SBI Signature Corporate Card, the cardholders are privy to offers and deals from food to travel.

  • Get exclusive offers and discounts on domestic and international flights and hotels.
  • Enjoy discounts on food and dining.
  • Get offers on car rentals.
  • Get offers from hotels which include discounts and late checkouts. You can also earn points at these hotels for future redemption.

Fees and Charges:

Other fees and charges:

Late payment charges:

Eligibility:

The State Bank of India has an array of credit cards on offer. Each card suits different needs and financial capabilities of people. The SBI Signature Corporate Card is designed for corporate companies. In order to avail of this card, you can make an enquiry and request a proposal by emailing SBI or calling their phone line.

Documentation:

The documentation required for this card is specialized as per SBI terms and conditions. Please check with the bank for more information.

SBI Signature Corporate Credit Card FAQs:

1. How do I pay my credit card bill?

   The SBI Signature Corporate Credit Card bill should be paid by the organisation. The payment can be made through the following ways:

   • Cheque – You can issue a cheque made out to “SBI Card Number xxxxxxxxxxxxxxxx”.Mail the cheque or draft to the address provided at the back of the statement. You can also drop the cheque or draft into any of the SBI Card drop boxes in your city or in designated State Bank of India branches.
   • Electronic Clearing System (ECS).
   • NEFT funds transfer
2. What is the interest charged on balances carried forward to the next billing cycle?

   There is no revolving credit facility on the SBI Corporate Card. The total outstanding amount due in any particular statement should be paid in full. If the amount is not paid, there are penal charges that will be applicable.

3. For how many employees can I avail of this card?

   The criteria varies between companies. Please contact SBI for detailed information.

4. How do I avail of the fuel surcharge?

   You can avail of the fuel surcharge at any petrol pump in India. The transaction should be between Rs. 500 and Rs. 4000. You will receive a 2.5% surcharge waiver when you swipe your SBI Signature Corporate card. You can avail of a maximum of Rs. 250 per card in a month.

5. Can I get add on cards for my family?

   The add on card facility is not available with the SBI Signature Corporate card.