HDFC Bank Corporate Platinum Credit Card

Some of the exemplary features of this card are:

Management Information System (MIS)- This credit card gives its users exclusive access to MIS with the following benefits:

• MIS tool is available all day and all night.
• Around 60 MIS reports are accessible for the clients to aid in making knowledgeable business decisions
  • Expense reports
  • Merchant summary and details
  • Spending analysis by category
  • Cost allocation details and summary
  • Account management for detailed transaction information at the employee level
• Aids in incorporating the existing accounting system
• Organized accounting procedures by integrating transaction data from all around the world
• Significant savings for the business via great tie-ups with airlines, hotel chains and other service providers
• Reduced paperwork and easier reconciliation and compliance tasks

Rewards Program – Features of the program are:

• 3 reward points per Rs. 150 spent
• Maximum 6,000 Reward Points per statement cycle can be earned

Fuel Surcharge Waiver – Fuel surcharge will be waived on all fuel transactions between Rs. 400 to Rs. 5,000. Maximum waiver of Rs. 500 will be given per statement cycle.

Insurance Coverage – Air accidental insurance cover worth Rs. 1 crore along with road and rail travel insurance worth Rs. 3 lakh.

Exclusive Lounge Access – 8 free domestic lounge visits per year at select Indian airports.

Interest-free Credit – Interest-free credit period up to 50 days is provided.

Following is a list of the important charges associated with the card:

Fee/Charge	Amount/Rate
Annual/Renewal Fee	Lifetime Free
Interest-free credit period	Up to 50 days
Additional Card Fee	Not applicable
Minimum Repayment Amount	Minimum Rs. 200 or 5% of the due amount
Charges on Revolving Credit	3.60% per month
Cash Advance Charges	2.5% on the amount withdrawn or Rs. 500, whichever is higher
Late Payment Charges	For Statement Balance Less Than Rs. 100 – Nil Rs. 100 to Rs. 500 – Rs. 100 Rs. 501 to Rs. 5,000 – Rs. 500 Rs. 5,001 to  Rs. 10,000 – Rs. 600 Rs. 10,001 to Rs. 25,000 – Rs. 800 Rs. 25,000 to Rs.50,000 – Rs. 1100 More than Rs.50,000 – Rs.1300
Over-limit Charges	Minimum Rs. 550 or 2.5% of the over-limit amount
Cash Processing Fee	Rs. 100
Payment Return Charges	2% of the payment amount, subject to a minimum of Rs. 450
Reward Redemption Fee	Rs. 99 per redemption request
Reissue of lost, stolen or damaged card	Rs. 100
Foreign Currency Transaction	Bank Charges Cross Currency mark-up of 3.5%
GST	18%

Following eligibility criteria is to be fulfilled to avail HDFC Corporate Platinum Credit Card:

• The applicant must fall in the age group of 21 years to 65 years.
• The applicant must be a resident of India.

Documents Required

In case of corporate cards, the banks require certain documents related to the company. This may include-

• Company License or Agreement
• Profit and Loss Statement
• Balance Sheet
• Acknowledged ITR

HDFC Bank may ask for some other documents as well depending on the applicant company.

To apply for HDFC Corporate Platinum Credit Card, one can do any of the following:

• Apply online via the official website of HDFC Bank.
• Visit the nearby branch of HDFC bank and apply for the credit card.
• Call customer care and place a request.

The bank will guide the applicant with the necessary documents that need to be submitted along with the duly filled in application form

Important: As per RBI guidelines, the issuance of new credit cards on the Mastercard platform has been discontinued until further notice. Normal card services will continue for existing users.

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What is the charge levied on outstation cheque processing?

For a cheque value worth less than Rs. 5,000, a fee of Rs. 25 is levied. Rs. 50 is levied on cheque values greater than Rs. 5,000.

What is the minimum transaction amount against which Reward points are accrued?

Reward points are added to your card for a minimum transaction of Rs. 150.

What are the possible ways of earning accelerated reward points on HDFC Corporate Platinum Credit Card?

HDFC Corporate Platinum Credit Card does not provide accelerated reward points.

What are the possible ways to pay bills of your HDFC Corporate Platinum Credit Card?

You can pay bills of your HDFC Corporate Platinum Credit Card via your HDFC account using any of the below options:

• NetBanking
• ATM Transfers
• HDFC Bank App
• HDFC Bank Mobile Site
• Auto-debit from HDFC account

Customers who do not have HDFC Bank account can pay bills via:

• Cheque drop at HDFC ATM
• Drop Box Option
• Pay credit card bill using NetBanking of other bank accounts
• NEFT/ Visa Money Transfer

After requesting for the HDFC Corporate credit card, what is the procedure to check the status?

Visit the official website of HDFC Bank and access the exact link for checking the status. You need to enter a 16-digit Reference Number present on your application form along with your mobile number or date of birth.