This amazing International credit card by Corporation Bank can be seen as a game changer in this modernized era. You can access several benefits with this globally accepted credit card that can be swiped at more than 30 million outlets. Being a Visa card, this Corporation International Card provides improved protection via Verified-by-Visa (VbV) option when transactions are processed online.
The Corporation Bank International Credit Card can be mainly accessed by individuals having satisfactory banking bonds with Corporation Bank. There is an option for the customers to obtain the International credit card as a Classic or Gold card variant; both the variants are valid for three years. One can even access international corporate credit cards based on the customer’s requirements.
Features & Benefits Associated to Corp International Credit Card
The Corp International Card is available with a bunch of features, fulfilling the various demands of the customers. Please Note that Corporation Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only. Some of the major features and benefits are mentioned below:
Global Acceptance
Your Corp International Credit Card is globally accepted at more than 30 million merchant outlets. This Visa credit card can even be utilized for cash withdrawals from more than 19 lakh ATMs present internationally.
Photo Card
For each of the credit cards offered by Corp Bank, the cardholder’s photograph as well as digital signature is provided. This is an additional security measure which proves beneficial while making transactions.
Add-on Cards
Customers can access a maximum of 3 add-on cards which are issued for family members including spouse, siblings, parents and children aged more than 18 years.
Bill Payments
For your Gold card, monthly bills are issued on the 26th, whereas the due would be on the 15th of next month. On the other hand, for a Classic card, your bill gets generated on every 21st (monthly), where the due date is fixed on the 5th of next month.
Cash Withdrawals
You can make cash withdrawals from any of the CorpBank ATMs or Visa ATM using the Corp International credit card. The withdrawal amount is equivalent to the offered cash limit. It should be noted that, for availing this service, the customer needs to provide a transaction fee together with an interest. Suppose the cash gets withdrawn from any of the Visa ATMs; in this case there is an additional charge of INR 50. Further, withdrawals processed abroad also include mark-up charges and conversion rates.
EMI Payments
If you make any solo retail purchase for an amount greater than INR 2500 with your Corporation Bank International credit card, then the concerned amount can get converted into EMIs. The tenure for these EMIs range between 6 months-24 months. The rate of interest for the amount will be 16% p.a. for tenor less than 6 months and 18% p.a. for tenor more than 6 months. Cardholders can request for EMI conversions for the complete bill amount. Do remember that, the maximum amount which a customer can repay in the form of monthly installment needs to be 50% of the stated credit limit.
Revolving Credit
Based on the revolving credit scheme, the customers are offered complete flexibility, in terms of bill payments. One can either pay the complete outstanding value or even the minimum due amount. Interestingly, the balance amount gets carried forward in the form of revolving credit to the following month’s bill statement.
Insurance
International Classic and Gold cardholders are offered insurance cover concerning personal accident. This insurance cover is worth INR 2, 50,000 specially for Classic card members; for Gold card customers the insurance cover is worth INR 5,00,000.
Rewards Program
Each of the purchases accessed using Corp International Card at any merchant outlet rewards the customers with certain rewards points.
- For Gold credit card members, 1 rewards point is offered for spending INR 150.
- For Classic credit card members, 1 rewards point is offered for spending INR 200.
The redemption scheme is active for a minimum of 500 points which have been accumulated within a single year. You can contact Corporation Bank’s customer care service for acquiring precise knowledge about the redemption process.
Documentation for Corp International Credit Card
There are certain documents which need to be provided by the candidate in order to successfully apply for the Corp International Credit Card.
- Filled application form
- Residence Proof
- Pan Card
- ITR concerning self-employed candidates
- Income Proof: Salary Certificate, Form 16, ITR, Recent Pay slip
- Photograph: Stamp or passport size.