HDFC Corporate Platinum Credit Card

The key highlights of the  HDFC Bank Corporate Platinum Credit Card are given below:

Reward Points Benefit

• 3 reward points for spending every Rs. 150 
• A maximum of 6,000 reward points can be earned per statement cycle.
• Reward points are valid up to 2 years. 
• Reward points can be redeemed for miles against leading international & domestic airlines, hotels and catalogue options.
• You will have to complete the frequent flyer registration before redeeming airmiles in NetBanking.

Lounge Access

• 2 complimentary domestic airport lounge access per quarter.

Corporate Benefits

• An easily accessible online reporting tool that provides customised reports on expenses, spending categories and behaviour for better-informed business decisions.
• Consolidated reports for transactions across the globe.
• Paperless claims with no need to save bills.
• Easy integration with existing accounting systems
• Faster & efficient processing.
• Simplified reconciliation & compliance tasks
• Upto 50 days credit period.
• Better negotiations with airlines, hotel chains, etc.

Other Benefits 

• Up to 50 days of interest-free period from the date of purchase.
• 3.5% Foreign Currency Markup on all your foreign currency spends.
• This HDFC Corporate card is enabled for contactless payments..

Insurance Benefits

• Corporate Liability Waiver Insurance to protect against risk of employee fraud.
• A compensation of Rs. 1 Crore to your nominated kin in case of your air accidental death.
• Protection worth up to Rs. 1 Lakh against any medical emergency when travelling outside your home country.
• Flight delay cover of up to Rs. 15,000 for the primary cardholder.
• Loss of checked baggage cover of up to Rs. 15,000 for the primary cardholder.
• Cover of up to Rs. 15,000 for the primary cardholder for missed connecting international flights.

Fuel Surcharge Waiver

• 1% fuel surcharge waiver across all petrol pumps.
• Valid on fuel transactions between Rs. 400 to Rs. 10,000 only.
• Waiver capped at Rs. 500 per statement cycle (GST applicable).

Exclusive SmartBuy Corporate Portal

• An exclusive earn-and-burn SmartBuy Corporate portal for corporate credit cardholders.
• Choose to redeem your reward points instantly against airline ticket booking, hotel booking, or reward redemption catalogue.
• ​​​​​​​1 Reward Point = Rs. 0.30 when redeemed on offers.

• Reward points are valid up to 2 years.
• Reward points earned on this HDFC corporate premium credit card can be redeemed for miles against leading international & domestic airlines, hotels and catalogue options.
• You will have to complete the frequent flyer registration before redeeming airmiles in NetBanking.
• Corporate credit cardholders can opt for HDFC Corporate credit card login on the SmartBuy Corporate portal to redeem reward points instantly against airline ticket booking, hotel booking, or reward redemption catalogue.
• ​​​​​​​1 Reward Point = Rs. 0.30 when redeemed on offers.

The HDFC Bank Corporate Platinum Credit Card fees and charges are mentioned below in detail:

• Joining and annual fees: Not applicable.
• Add-on-card fee: Not applicable.
• Changes on revolving credit: 3.49% per month (41.88% annually).
• Cash advance charges: 2.5% on the amount withdrawn or Rs. 500, whichever is higher.
• Late payment charges: Rs. 0 - Rs. 750, depending on the outstanding balance. 
• Charges on over-limit account: 2.5% of the over-limit amount (minimum Rs. 500).
• Payment return charges: 2% of the payment amount (minimum Rs. 450).
• Cash processing fee: Rs. 100 for all card payments by depositing in HDFC Bank branches or ATMs.
• Rewards redemption fee: Rs. 99 per redemption request.
• Balance transfer/ Balance transfer on EMI processing fees: Not applicable.
• Railway ticket purchase & online railway ticket booking fees: 1.8% + GST on HDFC Bank’s payment gateway & as per IRCTC website on others.
• Reissuance of lost/ stolen/ damaged card: Rs. 100 per card reissued.
• Outstation cheque processing charge: Rs. 25 for cheque value up to Rs. 5,000 & Rs. 50 for above Rs. 5,000.
• Retrieval fee: Rs. 125 per Charge slip.
• Foreign currency transactions: Cross currency markup of 3.5% on the transaction value.
• TDS on withdrawals above Rs. 1 Crore: 2% on aggregate cash withdrawals exceeding Rs. 1 Crore.
• Card validation charges at domestic lounge: Rs. 2.
• Rent pay transactions: 1% fee on transaction amount from the second transaction for the month.
• Dynamic currency conversion markup fee: 1%.

Below are the HDFC Bank Corporate Platinum Credit Card eligibility criteria:

• Citizenship: The applicant must be a resident or a non-resident of India.
• Age: A self-employed applicant must be aged between 21 to 65 years and a salaried applicant must be aged between 21 to 60 years. The add-on cardholder should be at least 15 years of age.
• Eligible entity types: Private Limited, Public Limited & Partnership firms/LLP.
• Minimum annual turnover required: Rs. 10 Crores. If the turnover of the company is less than Rs. 10 Crores, it can still apply for corporate cards basis secured collateral like fixed deposit, Bank Guarantee, etc.

You need to submit the following documents to apply for an HDFC Bank Corporate Platinum Credit Card:

• Duly filled and signed application form.
• 2 recent passport-sized coloured photographs.
• Copy of Form 60 & PAN Card.
• Identity proof such as an Aadhaar Card, PAN Card, or Driving Licence.
• Address proof like PAN Card, Passport, Aadhaar Card or Utility Bills.
• Proof of income including Form 16, latest salary slips or income tax returns.

You can apply for an HDFC Bank Corporate Platinum Credit Card online through our portal by following the steps mentioned below:

• Click on the ‘Credit Cards’ tab on the landing page of our website.
• Choose ‘HDFC Credit Card’ from the dropdown menu and select the desired card.
• Click on the ‘Apply Credit Card’ button.
• Enter the required information, such as your personal and professional details.
• Verify your mobile number with an OTP.
• You will get a call from our credit card expert soon to assist you in completing the credit card application process.