5 reward points per ₹150 · everyday spends5 reward points for every ₹150 spent.
Fuel earning
Reward Points will not accrue on fuel transactions.
Rent earning
Reward Points will not accrue on rent payments.
Reward exclusions
Reward Points will not accrue on fuel transactions or rent payments.
Reward caps
Maximum of 10,000 points per statement cycle
Catalogue redemption
Redeem Reward Points against catalogue on SmartBuy Corporate Portal.
Points transfer redemption
Redeem Reward Points against airmiles.
Redeeming points for travel
Redeem Reward Points against flights, hotels, products/vouchers or airmiles.
Voucher and product redemption
Redeem Reward Points against products/vouchers.
Point expiry
Reward Points valid up to 2 years
What one reward unit is worth
1 Reward Point = ₹0.30 when redeemed against flights and hotels on Smartuy Corporate Portal.
Card benefits+−
International lounge access
6 Complimentary International Lounge per calendar year (outside India)
Domestic lounge access
5 complimentary domestic lounge visits quarterly.
Priority Pass
For cards on Visa and Mastercard, complimentary international lounge access (outside India) is through Priority Pass.
Also included+−
Fuel surcharge waiver
1% fuel surcharge waiver on fuel transactions between ₹400 to ₹10,000 only, across all petrol pumps, capped at ₹1,000 per statement cycle (GST Applicable)
Surcharge on railway tickets
On HDFC Bank’s Payment Gateway — 1.8% + GST
Air accident cover
Air accident insurance included
Insurance benefit
Corporate Liability Waiver Insurance: protection of up to ₹2 Lakhs per card and ₹25 Lakhs at the corporate level
Lost card liability
Coverage against unauthorised card usage up to ₹2 Lakhs per card
Medical and hospitalisation cover
Emergency Medical Expenses: Protection worth up to ₹1 lakh against any medical emergency when you are travelling, and are outside your home country
Travel insurance
Comprehensive travel cover of up to ₹1 Crore for the cardholders
Purchase to EMI conversion
EMI Payments are not applicable on commercial cards
Charges+−
Forex markup
2.5% on foreign currency transactions.
Dynamic currency conversion markup
A Markup fee of 1%.
Cash advance fee
2.5% of the amount withdrawn or ₹500, whichever is higher.
Cash advance interest
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
2.95% per month, 35.40% Annually.
Interest-free period
Up to 50 days
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 (minimum ₹450)
Statement or duplicate statement fee
Duplicate physical statement charges: ₹10 per duplicate physical statement.
Cash payment / cash deposit fee
₹100 for card payments made by depositing cash at HDFC Bank branches or ATMs.
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.
Reward redemption fee
₹99 per redemption request
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 will be levied on rental transactions done on any applicable merchant for the month. Fee capped at ₹4999 per transaction.
Education / school fee charge
Not offered
Eligibility+−
Eligibility
Private Limited, Public Limited and Partnership firms/LLP can apply for Corporate Credit Cards.
Income requirement
The company must have a minimum annual turnover of ₹10 crores
Documents required
Business proof and an adequate track record, submitted with the application form duly signed by the relevant authorities in the company.
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.
