HDFC Bank Central Travel Account
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Business · Open to new applications · Earns points
First-year fee
₹0
No feeAnnual fee
Does not charge joining and renewal fees.
How it compares
Compared with the cards we have read
Fees
Joining fee
₹0No fee
Annual fee
Does not charge joining and renewal fees.
Renewal fee
₹0No fee
Rewards
Travel earning
4% off on Flights and Hotels booking.
Card benefits
Hotel or travel programme
Access detailed travel data reports.
Also included
Surcharge on railway tickets
If the ticket purchase payment is made through the HDFC Bank payment gateway, the applicable charge is 1.8% of the transaction amount.
Air accident cover
Up to ₹30 Lakhs
Travel insurance
Flight delay: Up to ₹15,000 for International Travel Only (deductible – 12 hours)
Charges
Dynamic currency conversion markup
A Markup fee of 1%.
Forex markup
3.5% on foreign currency transactions.3.5% markup on transaction value
Interest on unpaid balance
1.50% per month, which amounts to 18% annually.
Interest-free period
Extended payment terms of up to 50 days
Late payment fee
Range from ₹100 for amounts between ₹100 and ₹500 to ₹750 for amounts above ₹10,000.
Payment return or dishonour fee
2% of the payment amount, subject to a minimum charge of ₹450
Card replacement fee
₹100 for a replacement card.
Cash payment / cash deposit fee
Cash processing fee of 1% of the transaction amount.
Fee on online skill-based gaming spends
1% fee will be levied on Online Skill based gaming spends exceeding ₹10,000 in a calendar month.
Wallet load charge
1% fee will be levied on Wallet loading spends exceeding ₹10,000 in a calendar month.
Rent transaction fee
1% fee on transaction amount; Fee capped is revised at ₹4999 per transaction.
GST note
The applicable GST would be dependent on place of provision (POP) and place of supply (POS).
Eligibility
Eligibility
Company can still apply for CTA basis secured collaterals like Fixed deposit.
Income requirement
10 Crores is the required Minimum annual turnover
In the terms, not the brochure
Whether carrying a balance ends the interest-free period
This period will be free of interest only if all previous dues are paid in full and there is no unpaid balance carried over from previous months.