HDFC Corporate Visa Signature Credit Card

Rewards Program – 2 reward points per Rs. 150 spent

Fuel Surcharge Waiver – Fuel surcharge will be waived on all fuel transactions between Rs. 400 to Rs. 5,000. Maximum waiver of Rs. 1,000 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.

Lounge Access – Features include:

• 6 free international lounge visits every year via Priority Pass Program
• 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 are the major charges associated with the usage of this 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Cash Advance Charges	2.5% on the amount withdrawn or Rs.500, whichever is higher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%

The eligibility for this corporate credit card will be communicated to the applicants at the time of application. Usually, the customers will need to share their interest in applying for the card either by calling the customer support cell of the bank or, if they are existing customer of HDFC Bank, they may call their customer relationship manager.

Documents Required

Since this card is issued to a company, the bank may ask for the following documents:

• Profit and loss statement
• Balance sheet
• Acknowledged ITR
• Company License
• Company Registration Papers

Other documents may also be required as per the applicant’s profile.

One can apply for HDFC Corporate Visa Signature Credit Card through any of the following ways:

• By visiting any nearby branch of HDFC Bank
• By calling the customer care cell and placing a request
• By applying online through the official website of HDFC Bank

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

What is the validity of reward points earned on the card?

Reward points are valid only for 2 years from the date of accumulation. E.g.: Reward points received in January 2017 will expire in January 2019.

How do I redeem my reward points?

To redeem your reward points, login to your HDFC NetBanking Account. Under Credit Cards Menu, select Redeem Reward Points. You can redeem your reward points against a variety of goods and vouchers.

What are the costs associated with foreign currency transactions?

HDFC Bank charges cross currency mark-up of 2.5% for foreign currency transactions.

What are the documents needed to apply for HDFC Corporate Visa Signature Credit Card?

Documents like Identity proof, Address proof, Income proof, PAN Card Copy, Last 3-month bank statements along with recent coloured size photographs are needed to apply for HDFC Corporate Visa Signature Credit Card.