HDFC Bank Business Corporate Moneyback

Annual fee

The fees may vary for each cardholder and depending on the offer.

Reward rate

2 Reward Points per ₹150 · everyday spends2 Reward Points for every ₹150 spent.

EMI spend earning

Easy EMI and e-wallet loading transactions will not accrue Reward Points.

Fuel earning

Reward points will not be accrued for fuel transactions.

Government spend earning

Government related transactions will not earn Reward Points.

Insurance spend earning

Reward points accrued for Insurance transactions will have a maximum cap of 2,000 per transaction

Rent earning

Rent payments will not earn Reward Points.

Wallet load earning

E-wallet loading transactions will not accrue Reward Points.

Reward exclusions

Fuel, EasyEMI, e-wallet loading transactions, Cash advance, fees and other charges will not accrue Reward Points.

Catalogue redemption

Redeem Reward Points for miles against leading International and Domestic airlines, hotels, and catalogue options.

Catalogue redemption

1 Reward Point = ₹0.30.

Flight redemption

Redeem Reward Points against airline ticket bookings at 1 Reward Point = ₹0.30.

Hotel redemption

Redeem Reward Points against airline ticket and hotel bookings from reward redemption catalogue at 1 Reward Point = ₹0.30.

Points transfer redemption

Redeem Reward Points for miles against leading International and Domestic airlines.

Point expiry

Reward points are valid for up to 2 years

Airline and hotel partners points may move to

Frequent flyer registration is needed before attempting Airmiles redemption in NetBanking.

Domestic lounge access

8 lounge access per calendar year through the Franchise Lounge program.

Lounge benefit

Business Corporate MoneyBack Card provides airport lounge access in India for both primary and add-on card members.

Priority Pass

6 complimentary lounge access per calendar year through the Priority Pass program.

Minimum spend rules

Transaction amounts less than ₹150 will not accrue any Reward Points.

Fuel surcharge waiver

1% surcharge waived on transactions between ₹400 and ₹5,000 (maximum waiver ₹500 per statement cycle)

Surcharge on railway tickets

On HDFC Bank’s Payment Gateway — 1.8% + GST

Air accident cover

Air Accidental death ₹1 Crore.

Insurance benefit

Corporate Liability Waiver Insurance ₹2 lakh.

Medical and hospitalisation cover

Emergency Medical Expenses cover ₹1 lakh while travelling abroad.

Travel insurance

Up to ₹15,000 cover on flight delays, missed connecting international flights and loss of checked baggage

Purchase to EMI conversion

EMI Payments are not applicable on commercial cards

Forex markup

3.5% on foreign currency transactions.

Dynamic currency conversion markup

A Markup fee of 1% will be levied on all transactions carried out in Indian Currency at an International location.

Cash advance fee

2.5% of the amount withdrawn or ₹500, whichever is higher.

Cash advance interest

All cash advances will also carry a finance charge equal to charges on revolving credit from the date of withdrawal until the date of full payment

Cash withdrawal limit

Under Corporate Liability — 40% of the credit limit Under Individual Liability — 30% of the credit limit.

Interest on unpaid balance

3.49% per month (41.88% annually)

Interest-free period

Up to 50 days interest free credit from date of purchase

Late payment fee

₹100 or less: Nil; above ₹100 to ₹500: ₹100; above ₹500 to ₹5,000: ₹500; above ₹5,000 to ₹10,000: ₹600; more than ₹10,000: ₹750.

Over-limit fee

2.5% of the over limit amount, subject to a minimum of ₹500

Payment return or dishonour fee

2% of the payment amount, subject to a minimum of ₹450

Statement or duplicate statement fee

Duplicate physical statement charges: ₹10 per duplicate physical statement.

Cash payment / cash deposit fee

₹100 for all card payments made by depositing in HDFC Bank branches or ATMs.

Cheque payment / dishonour fee

Outstation cheque processing charge: not applicable

Foreign ATM fee

Cash from ATMs in India or abroad: 2.5% of the amount withdrawn (minimum ₹500)

Reward redemption fee

₹99 per redemption request

Wallet load charge

1% fee on wallet loading spends exceeding ₹10,000 in a calendar month.

Rent transaction fee

1% fee on transaction amount will be levied on rental transactions done on any applicable merchant for the month. Fee capped at ₹4999 per transaction.

GST note

The GST you pay depends on where you are and where you're buying from

Grace days after the due date

Credit period Up to 50 days

Documents required

Identity, address, photograph and KYC/AML documents required.