Corporation Bank Credit Card

Updated: 18-02-2022 3:07:22 AM

In 1906 Corporation Bank came into existence as Canara Banking Corporation (Udupi) Limited in Udupi. The Bank was founded by a group of visionaries with the primary objective to inculcate the habit of saving among the people of all classes. In the year 1939, the Corporation was renamed as Canara Banking Corporation Limited. In 1972 once the Corporation was renamed as Corporation Banking Limited. Post nationalisation of the Bank in the year 1980 Corporation Banking Limited became Corporation Bank. The Head Office of the Bank is at Mangalore.

At present, the Bank has a wide network of 2501 fully automated branches and 3169 ATMs and 4724 branchless banking units. The representative offices of the Bank are in Dubai and Hongkong. The Bank has issued smart cards to natives of 4724 villages to enable them to operate their accounts at their doorstep through the Business Correspondents of the Bank.

The Bank offers a variety of banking products and services constituting of consumer banking products, corporate banking, e-commerce, retailing banking products, finance and insurance investment, asset management, and wealth management. Corporation Bank also has various credit cards with immense benefits and offers. The rate of interest charged on the transactions with the card is very competitive and the fee for the cards are also nominal. The bank has tie-up with popular brands to offer EMI options on purchases and to offer specialised discounts.

Table of Contents: Corporation Bank Credit Card [Hide]

Types of Corporation Bank Credit Card
Features and benefits of Corporation Bank Credit Card
Detailed features of Corporation Bank Credit Card
Corporation Credit Card Rewards Details
Corporation Bank Credit Card fee details
Corporation Bank Credit Card Charges Details
How to Apply for Corporation Bank Credit Card
Eligibility Criteria for Corporation Bank Credit Card
Documents required for Corporation Bank Credit Card
Making the payment of Corporation Bank Credit Card
Corporation Bank Credit Card Customer Care Numbers

Types of Corporation Bank Credit Card

Corporation Bank International Credit Card with the following variants

Classic
Gold
Platinum
Signature

Features and benefits of Corporation Bank Credit Card

The following are the features and benefits of Corporation Bank Credit Card

Global Acceptance: Corporation Bank Credit Cards are accepted widely at over 30 million Visa member establishments of which more than 1.1 million outlets are in India. The card can be accessed at over 19 lakh Visa ATMs across the globe of which 5000 VISA ATMs including Corporation Bank ATMs are in India. In addition to OTP the card has a 3D secured code and a secured CVV number.
EMV Chip Card: The cards are embedded with EMV chips which give higher security for the transactions done using the card. The Existing Classic Cards will work till the expiry and will be issued as Gold Card on renewal
Add-on cards: Add-on card facility up to 3 cards are available for the family members of the cardholder. The age of the add-on cardholder should be over 18 years.
Photo Card: All the cards will have a photo of the cardholder along with digitally imprinted signature to ensure added safety for transactions at member establishments because these cards serve the purpose of photo ID as well.
Billing cycle: The Bills for the cards are drawn on the 26th of every month and has to be paid within 20th from the date of billing and for old classic cards the billing cycle will be 21st of every month and has to be paid within 15 days from the date of billing
Revolving facility: A revolving facility wherein a minimum due amount as stipulated by the Bank has to be paid. The residual outstanding will be carried over to the next billing statement and will attract interest.
Interest-free period: An interest-free period of 50 days is available for the cards.
Cash withdrawal: Cash withdrawal facility through Corporation Bank ATMs or VISA ATMs is allowed. The cash withdrawal amount allowed will be a percentage of the credit limit depending on the card. A cash withdrawal fee along with interest until the period of usage will be collected. If cash is withdrawn from the card account, the interest-free period for transactions at member establishments will not be allowed. For withdrawal at VISA ATMs an additional charge as VISA charge will be collected. In case of withdrawals made overseas, a mark-up fee in addition to conversion fee will be collected.
EMI Option: A facility to convert the transactions above 2500/- on the card into EMI is available.
Pre-defined limit: The cardholders have the provision to choose a limit lower than the eligible limit. The pre-defined limit can be changed at the request of the cardholder which will become applicable from the next billing cycle.
Temporary limit enhancement: After one year of membership the cardholders have the option for temporary limit enhancement up to 30% of the original credit limit. This enhanced limit will be available only for 30 days from the date of such enhancement. This facility will be available if the minimum amount due has been paid promptly for 6 billing cycles. Charges for limit enhancement will be collected.
Balance Transfer: A facility to transfer the outstanding balance on other bank credit cards at a lower interest rate is available.

Detailed features of Corporation Bank Credit Card

The detailed features of the cards are as mentioned in the table below.

Name of the card	Features
Classic Card	A facility for a pre-defined limit is available where the cardholder can opt for a limit lower than the eligible amount. Temporary enhancement of the credit limit up to 30% of the original limit after 1 year of membership. To be eligible for this facility, the minimum dues on the card should have been paid regularly for the last 6 months. The enhanced limit will be available only for 30 days from the date of enhancement. A facility to convert purchases over 2500/- into EMI is available. The statement for the transactions will be generated on the 21st of every month and has to be paid within 15 days from the date of billing. A revolving facility wherein a minimum amount due has to be paid on the due date and the remaining balance will be carried over to the next billing cycle. Interest is applicable for the balance amount carried over till the amount is cleared. Cash withdrawal facility up to 20% of the credit limit is allowed. Credit withdrawal charges along with interest from the date of withdrawal till the date of repayment will be collected. If cash is withdrawn at VISA ATMs then Visa charges in addition to the above charges will be collected. If the transaction is made overseas a conversion fee along with mark-up fee will be collected. The card is issued with Photo and a digitally imprinted signature of the cardholder to ensure safety for transactions at member establishments. Insurance cover up to 2.50 lakhs for the death of the cardholder due to an accident is available. To avail of the personal accident insurance facility, the cardholder must have done at least one POS or online transaction with the card. The 1st of the month after the transaction will be the effective date for the insurance cover. This will be valid for a year and on renewal also a minimum of one POS/Online transaction has to be done for the cover to become effective. Purchase protection for any durable goods over 1000/- purchased using the card is available to the extent of 50,000/- for a period of 60 days from the date of purchase. To avail of this facility, the original invoice of the purchase has to be produced. Credit shield to the extent of 50,000/- in the event of death of the cardholder or loss of employment owing to permanent disability is available.
Gold Card	The card is issued with Photo and a digitally imprinted signature of the cardholder to ensure safety for transactions at member establishments. This will act as a photo ID as well. The card has an added security by way of EMV chip embedded in the card to protect the card against skimming and fraudulent transactions. A facility of EMI option for transactions above 2500/- on the card is available. Cash withdrawal facility up to 30% of the credit limit is available. Cash can be withdrawn at any Corporation Bank ATMs or at all VISA ATMs. Cash withdrawal charges along with interest on the amount of transaction from the date of the withdrawal till the date of clearance of liability will be charged. VISA charges will be an added charge if cash withdrawn at VISA ATMs. For transactions made abroad, currency conversion fee and foreign currency mark-up fee will be collected. A revolving facility will be available wherein only the minimum amount due which will be a percentage of the balance amount has to be paid on the due date and the remaining balance will be carried over to the next billing cycle for an interest. Temporary limit enhancement facility is available up to 30% of the original limit which will be restored after 30 days from the date of enhancement. This facility is provided only for cardholders who have paid the last 6 months minimum outstanding dues promptly. A personal accident insurance cover is available to the extent of 2.50 lakhs for death due to an accident. This insurance cover becomes effective only if at least one POS/Online transaction is done using the card. The insurance cover is not available for cards which are not active. A credit shield to the extent of 50,000/- in the event of the death of the cardholder or loss of job due to a permanent disability of the cardholder is available. The billing date will be the 26th of every month and the outstanding has to be paid within 20 days from the date of billing. An interest-free period of 50 days is available. If cash withdrawals are made on the card, then the interest-free period will not be available for the retail purchases made at member establishments. Purchase protection up to 50,000/- for purchases of durable articles above 1000/- is available which is valid up to 60 days from the date of purchase. The original invoice of the purchase has to be provided to avail of this facility.
Platinum Card	The photo and the digitally imprinted signature of the cardholder secure the card for transactions at member establishments. The EMV chip gives additional security against skimming and fraudulent transactions. Temporary enhancement of the credit limit up to 30% of the original limit after 1 year of membership. To be eligible for this facility, the minimum dues on the card should have been paid regularly for the last 6 months. The enhanced limit will be available only for 30 days from the date of enhancement. Cash withdrawal facility up to 30% of the credit limit is available. Cash can be withdrawn at any Corporation Bank ATMs or at all VISA ATMs. Cash withdrawal charges along with interest on the amount of transaction from the date of the withdrawal till the date of clearance of liability will be charged. VISA charges will be an added charge if cash withdrawn at VISA ATMs. For transactions made abroad, currency conversion fee and foreign currency mark-up fee will be collected. The cardholder can opt for a pre-defined limit lower than the eligible limit which can be enhanced at a later date at the request of the cardholder. Conversion of purchases over 2500/- into EMI can be opted for. The cardholder can pay a percentage of the outstanding balance as per the card statement by opting for a revolving facility. The residual balance will be carried over to the next billing statement. The purchases of durable articles over 1000/- can be protected up to a value of 50,000/- for a period of 60 days from the date of purchase with the Purchase Protection Plan. In the event of the death of the cardholder or the cardholder losing his job owing to permanent disability, there will be a credit shield up to 50,000/- on the card. Personal accident insurance cover up to 5.00 lakhs for the death in an accident. To be eligible for this, at least one POS/online transaction has to be done on the card. The facility is not available for inactive cards. The insurance cover will become effective from the 1st of the month after the transaction has been done on the card.
Signature Card	A facility for a pre-defined limit is available where the cardholder can opt for a limit lower than the eligible amount. Temporary enhancement of the credit limit up to 30% of the original limit after 1 year of membership. To be eligible for this facility, the minimum dues on the card should have been paid regularly for the last 6 months. The enhanced limit will be available only for 30 days from the date of enhancement. A revolving facility for payment of card dues is available where the cardholder is permitted to pay a minimum amount of the balance outstanding on the due date and the residual amount will be carried over to the next billing statement. The date of the card statement will be 26th of every month and the payment has to be made within 20 days from the date of billing. A personal accident cover up to 5.00 lakhs for the death due to an accident and a cover up to 10.00 lakhs for death due to an air accident is available. The insurance cover becomes effective from the 1st of the following month after the first POS/online transaction is done on the card. The insurance cover is not available for inactive cards. Purchase protection to the extent of 50,000 for purchase of durable articles over 1000/- is available up to 60 days from the date of purchase and to avail this facility the original purchase invoice has to be produced. The photo on the card and the imprinted signature of the cardholder makes it secure for transactions at member establishments as it services the purpose of a photo ID. The EMV chip embedded in the card protects it against skimming and fraudulent transactions.

Corporation Credit Card Rewards Details

The details of rewards for the different types of Corporation Credit Card is as mentioned below:

1 reward point for every 200/- spent on the Classic Card
1 reward point for every 150/- spent on the Gold Card
1 reward point for every 125 spent on Platinum and Signature Cards.

The reward points can be redeemed at 1 per reward point. The points can be redeemed on an accumulation of 500 points for Classic and Gold Cards, 750 points for Platinum Card and 1000 points for Signature Card.

Reward points of the cardholders with accumulated points as per the requirement will be credited to the card account in the month of April every year irrespective of receiving a request from the cardholder. If the points are below the required level it will lapse after year.

Corporation Bank Credit Card fee details

The details of the fees for Corporation Bank Credit Card is as given below:

Name of the card	Joining Fee	Annual Fee
Classic Card	Nil	Nil
Gold Card	Nil	Nil
Platinum Card	Nil	230/- for both primary and add-on cards (waived on an annual spend of 25000/- on the primary card and 15000/- on each add-on card
Signature Card	Nil	900/- for both primary and add-on cards (waived on an annual spend of 1.00 lakh on the primary card and 50,000/- on each add-on card)

Corporation Bank Credit Card Charges Details

Name of the card	Amount
Finance charges	2.5% p.m. for Classic card, 2.25% p.m. for Gold Card, 2.75%p.m. for Platinum Card and 3% p.m. for Signature Card
Cash withdrawal charges	2.5% of the transaction amount with a minimum of 150/- for Classic and Gold Cards and 250/- for Platinum and Signature Cards
Interest on Cash Advance	2.25% p.m. for Classic Card, 2.5% p.m. for Gold Card, 2.75% p.m. for Platinum Card and 3% p.m. for Signature Card
VISA ATM access charges	50/- per transaction
Delayed payment charges	30% of the minimum amount due with a minimum of 100/- for Classic, Gold and Platinum Cards and a minimum of 250/- for Signature Card and a maximum of 500/- for Classic and Gold Cards, 750 for Platinum Card, and 1000/- for Signature Card.
Charges for the usage of the card over and above the limit	2% of the overdrawn amount with a minimum of 100/- for Classic and Gold Cards and a minimum of 250/- for Platinum Card and 500/- for Signature Card.
Cheque bounce charges	100/- for Classic Card, 200/- for Gold Card, 250/- for Platinum Card and 500/- for Signature Card per instance
Duplicate statement charges beyond 3 months	100/- per statement
Card replacement charges	100/- per occasion for Classic and Gold Cards and 250/- for Platinum and Signature Cards.
Balance transfer charges	1% of the balance transfer with a minimum of 100/- for Classic and Gold cards, 250/- for Platinum Card, and RS. 500/- for Signature Card as the processing charge and 1.5% p.m. interest for the first 75 days in case of Classic Card and for the first 90 days all the other cards and thereafter interest as applicable to the revolving facility
Fuel surcharge	2.5% of the transaction with a minimum of 10/-
Railway booking surcharge	As levied by IRTC
Foreign currency mark-up fee	3.5% of the transaction
Charge slip retrieval charges	100/- per charge slip for Classic Card and 150/- per charge slip for all the other Cards.
EMI charges: Processing charges Pre-closure charges Interest on reducing balance	1% of the amount with a minimum of 100/- for the classic card, 200/- for Gold Card and Platinum Card and 300/- for Signature Card 2% of the outstanding amount Up to 6 months: 16% p.a. Beyond 6 months: 18% p.a.

How to Apply for Corporation Bank Credit Card

Steps to apply for the Card through Banks Website

New Customers should follow the following steps to apply for the Credit Card.

Visit the official website of Corporation Bank
Go to the Credit Cards Page and provide your contact details and personal details.
Details of the list of cards will appear. Choose the card as per your requirement. If the financial details satisfy the requirement of the bank for that particular card you can proceed to apply for the card.
On verification, a representative from the bank will approach you and guide you through the process.
You will have to submit the documents relating to address proof, Photo ID proof and Income Proof for checking the eligibility criteria and issuing the card.

Steps to be followed by existing customers

Go to the Credit Card page on the official website of Corporation Bank
Provide your net banking customer ID and mobile number
You can directly apply for the credit card online.

Steps to apply for the Credit Card through MyMoneyMantra

You should make use of the digital platform provided by MyMoneyMantra for applying for the card.

To begin with visit the MyMoneyMantra website.
Log in and choose the credit card menu. Select the card you intend to apply for and submit.
Fill in all the relevant information required for applying for the credit card.
The representatives of MyMoneyMantra will help you with the process following from documentation until the approval once you have completed the task of filling the application and the process is initiated.
On approval, the card will be dispatched to your address. Card and the pin will be despatched separately.

Steps to apply for the Card Offline

To apply for the Corporation Bank Credit Card offline, you can download the application online and submit the same along with the required documents at the nearest Corporation Bank branch.

Eligibility Criteria for Corporation Bank Credit Card

The following are the eligibility criteria for Corporation Bank Credit Card

The applicant should be a resident of India.
The age of the applicant should be between 18 years to 70 years
The applicant should be having an account with the Bank and should have a Pan Number.
The minimum net annual income requirement is as given below:
- For salaried persons/professionals, it is 1.80 lakhs and 2.00 lakhs for self- employed persons to qualify for the Gold Card.
- For salaried persons it is 2.50 lakhs and for self-employed individuals/professions it is 3.00 lakhs to qualify for Platinum Card.
- 10.50 lakhs for all applicants to qualify for Signature Card.
- For Senior Citizens the net income is 1.20 lakhs to qualify for Gold Card, 2.50 lakhs to qualify for Platinum Card and 10.50 lakhs to qualify for Signature Card.
The applicant should have a good credit score.

Documents required for Corporation Bank Credit Card

The following documents are required to apply for Corporation Bank Credit Card.

Address Proof such as Aadhar Card, Passport, Driving Licence, Utility bills, Rental Agreement, etc.
Proof of Identity such as Aadhar Card, Voters ID Card, Pass Port, Driving Licence and PAN Card.
Income Proof such as IT Returns/ form 16 of last two years and the latest Salary Slips
Recent passport size photograph of the applicant.

Making the payment of Corporation Bank Credit Card

Payment of Corporation Bank Credit Card dues can be made by the following methods:

Net Banking: Users of Corp Internet Banking can make payments through the internet banking facility of the Bank available under Funds Transfer Option.
Visa Money Transfer: By Visa Money Transfer to the credit card at Corporation Bank or Visa ATMs.
Auto-debit: A standing instruction can be given to debit the savings bank/current account if the cardholder has an account at Corporation Bank.
Cash: The payment can also be made by cash at any of the CBS branches of Corporation Bank.
Cheque: The payment can also be made by way of cheque. The payee?s name will be the 16-digit account number of the credit card. The details of the name of the cardholder and the registered mobile number should be given on the reverse of the cheque.
Bill-Desk: You can access the internet banking facilities of other banks through the bill desk of Corporation Bank and make payment of the credit card.

Corporation Bank Credit Card Customer Care Numbers

For any queries regarding the credit card you can call the Customer Care on these numbers:

1800-22-6606
022-4042-6009

View and improve your credit score - for free.

Know how good your score is

Get insights on how to improve it

Unlock offers as per your score

Credit Cards Trending Offers

Rupicard
rupicard

No annual or joining fees
Instant online issuance

Annual fee : ₹ Zero

Joining fee : ₹ Zero

Apply Now

No income proof required

SBI Card
BPCL SBI Credit Card

With BPCL SBI Card you get a Welcome Gift of 2,000 Activation Bonus Reward Points.
It will take 20 days to credit the Welcome Reward Points after the payment of joining fee. You can redeem these points for the following • To purchase fuel at select BPCL outlets across India • To avail BPCL Vouchers • To avail gifts from Shop n Smile rewards catalogue

Annual fee : ₹ 499 + GST

Joining fee : ₹ 499 + GST

Save more on : Fuel

Apply Now

Travel & Fuel

The best offers from India’s most
trusted banks

Compare Best Credit Cards

To earn max rewards & redeem cashback, value back offers, discounts & exclusive deals. Select the best Credit Card as per need.

Corporation Bank Credit Card FAQs

✅What are the factors that affect the eligibility for Corporation Bank Credit Card?

The following factors affect the eligibility for Corporation Bank Credit Card.

Age of the applicant
Income of the applicant
Nationality
Credit Score
Profession

✅ What is the interest-free period for Corporation Bank Credit Card?

The interest-free period for Corporation Bank Credit Card is 50 days.

✅ What is the interest charged for the balance outstanding when a revolving facility is opted for?

The interest charged is 2.25% to 3% p.m. depending upon the card.

✅ What are the processing charges for balance transfer facility on Corporation Bank Credit Card?

A processing fee of 1% of the balance transfer amount will be charged for the balance transfer facility.

✅ What are the charges associated with the EMI facility on Corporation Bank Credit Card?

The charges associated with the EMI facility on Corporation Bank Credit Card are:

Processing charges at 1% of the transaction amount.
Pre-closure charges at 2% of the outstanding amount.
Interest at 16% p.a. for a tenure up to 6 months and 18% p.a. for tenure beyond 6 months.

✅ What is the billing cycle for Corporation Bank Credit Cards?

The billing date for Classic Cards will be the 21st of every month and the dues should be paid within 15 days from the billing date. The billing date is the 26th of every month for all other cards and the dues should be paid within 20 days from the billing date.

✅ What are the security features adopted to make the Credit Card safe for the transactions both at merchant establishments and online?

The card is issued with a photo and the digitally imprinted signature of the cardholder to make it safe for transactions at merchant establishments as the Photocard will serve the purpose of Photo ID. The card has an EMV chip embedded to protect it against skimming and fraudulent transactions. A 3D security code is enabled and OTP is generated for transactions online which will be sent to the registered mobile number of the cardholder to authorise the transaction.

Axis Bank Credit Card

Axis Bank MY ZONE Credit Card

Axis Bank SELECT Credit Card

IndianOil Axis Bank Credit Card

Axis Bank Magnus Credit Card

Flipkart Axis Bank Credit Card

Axis Bank Vistara Credit Card

Axis Bank Rewards Credit Card

Axis Bank Vistara Infinite Credit Card

Axis Bank Neo Credit Card

Samsung Axis Bank Signature Credit Card

Axis Bank Aura Credit Card

Axis Bank Kwik Rupay Credit Card

Axis Bank Vistara Signature Credit Card

Axis Bank Privilege Credit Card

Samsung Axis Bank Infinite Credit Card

Axis Bank Reserve Credit Card

Axis Bank Airtel Credit Card

Axis Bank Insta Easy Credit Card

Axis Bank Freecharge Credit Card

Axis Bank Forex Card

Axis Bank Rupay Credit Card

Axis Bank Burgundy Private Credit Card

Axis Bank Credit Card Interest Rates

Axis Bank Credit Card Pin Generation

Axis Bank Credit Card Offers

Axis Bank Credit Card Types

HDFC Credit Card

HDFC Freedom Credit Card

HDFC Indian Oil Credit Card

HDFC MoneyBack Credit Card

HDFC Infinia Credit Card

HDFC Diners Club Black Credit Card

HDFC Swiggy Credit Card

HDFC Regalia Credit Card

HDFC Millennia Credit Card

HDFC Business MoneyBack Credit Card

HDFC Regalia Gold Credit Card

HDFC Regalia First Credit Card

HDFC UPI Rupay Credit Card

Paytm HDFC Bank Credit Card

HDFC MoneyBack+ Credit Card

Tata Neu Plus HDFC Bank Credit Card

Shoppers Stop HDFC Bank Credit Card

Flipkart Wholesale HDFC Bank Credit Card

6E Rewards IndiGo Credit Card

HDFC Times Platinum Credit Card

HDFC Bank Corporate Platinum Credit Card

HDFC Rupay Credit Cards

HDFC Forex Cards

HDFC Virtual Credit Card

Best HDFC Credit Cards

SBI Credit Card

SBI Prime Credit Card

SBI Simply Click Credit Card

SBI Elite Credit Card

SBI IRCTC Platinum Credit Card

SBI Simply Save Credit Card

SBI Pulse Credit Card

SBI Cashback Credit Card

IDFC First Bank Credit Card

IDFC Millennia Credit Card

IDFC Classic Credit Card

IDFC Wealth Credit Card

IDFC Wow Credit Card

IDFC Select Credit Card

AU Bank Credit Card

AU Bank Zenith Credit Card

AU Bank Vetta Credit Card

Au Bank Altura Plus Credit Card

AU Bank Altura Credit Card

AU Bank LIT Credit Card

AU Bank Credit Card Eligibility

AU Bank Credit Card Customer Care Number

AU Bank Credit Card Net Banking

AU Bank Credit Card Eligibility

AU Bank Credit Card Bill Payment

American Express Credit Card

Amex Membership Rewards Credit Card

Amex Platinum Reserve Credit Card