HDFC Corporate Credit Card: Features & Benefits

Summary

HDFC Corporate Credit Card comes with numerous advantages specially designed for companies and their staff members to serve as a comprehensive expense control mechanism. Probably one of the key advantages it possesses is a points system whereby for every purchase made, users can garner points.

These points can be redeemed for a wide range of rewards, from merchandise to vouchers, or even cashback, making business transactions worth more. The card also helps in the management of expenses since it issues monthly statements detailing what employees spend their money on, thus controlling their spending better.

The HDFC Corporate Credit Card offers travel benefits for businesses where the employees need to travel more often. The business will get good discounts on flight bookings and hotel bookings using this card. Besides, it provides fuel benefits for saving transportation expenses by getting discounts or cashback on fuel purchases.

Introduction

HDFC Corporate Credit Card is one of the financial tools that has been specially designed for companies and businesses. Corporate Credit Card helps manage the day-to-day expenses of a company, making financial transactions easier for companies. When there are many employees in a company and they need to spend on various things, Corporate Credit Card turns out to be a better solution.

Probably the biggest feature of the Corporate Credit Card is that companies get to keep an eye on who is spending the money where; all these employees’ expenses are recorded there hence making it easier for one to make their reports and balance the costs involved. Except this, rewards in terms of Corporate Credit Card with regards to reward points, cash backs, etc will make a way for this one to get noticed.

HDFC Bank provides Corporate Credit Card in various versions keeping in mind the requirements of corporate customers so that every business can take the facility according to their needs. It helps companies to set up the spending limit, deal with vendors, and manage the monthly budget. Along with this, many cards provide facilities such as travel insurance, lounge access, and special discounts, which is an added benefit for the company’s employees.

In today’s article, we will discuss in detail about Corporate Credit Card. In which we will tell you in detail about its benefits. Along with this, we will also discuss the fees of Corporate Credit Card in this article and will also discuss in detail how to apply for it. Therefore, read this article till the end so that you do not face any problems later.

What is the HDFC Corporate Credit Card?

Credit Card is a special type of credit card designed for companies and businesses. Its main purpose is to help companies manage their daily expenses. Through Corporate Credit Card, companies can provide limited credit to their employees, so that they can easily handle office expenses.

Corporate Credit Card can be used for travel, business meetings, purchasing office supplies, etc. HDFC Corporate Credit Card helps in tracking expenses and creating reports, which helps companies keep control over their financial transactions.

How is the design of the HDFC Corporate Credit Card?

The HDFC Credit Card is designed to be sleek and professional, with a simple yet elegant layout. It usually has the HDFC logo prominently displayed along with the cardholder’s name and the card number.

The color scheme will range from corporate-friendly tones of black, blue, or grey, which give it that classy touch. Overall, the card is easy to carry and use: a clean, modern look suitable for professional and business users.

What are the benefits of the HDFC Corporate Credit Card?

There are various benefits to Credit Card for both the company and the employees:

• Reward Points: With every purchase, you gain reward points. You can use these reward points to acquire any of the available options like merchandise, vouchers, or even cashback. It adds extra value to your expenses.

• Expense Management: The card makes it easier for the business to track and manage employee expenses with detailed monthly statements, which in turn helps in better control of the company’s finances.

• Many HDFC Credit Cards offer discounts or cash back on fuel purchases that can be used to offset employee transportation costs.

• There are various other features, and some credit cards offer travel-related benefits like flight and hotel booking discounts that keep a business trip budget in control.

• Cash withdrawals are also possible with this card but would involve paying extra fees at the ATMs.

• Flexible credit limit: It allows flexible credit limits as per the company’s requirements and hence aids in efficient cash flow management.

• Secure Online Transactions: The card offers online security through secure transactions, preventing fraud.

What are the fees for the HDFC Corporate Credit Card?

Here is a simple breakup of the Credit Card fees.

Joining Fee	₹999 + GST (one-time fee when you get the card).
Annual Fee	₹999 = GST per year. This will be waived if you spend 1,00,000 or more in a year.
Add-on Card Fee	There are no charges for additional cards for family members.
Finance Charges	3.5% per month (47% annually) on the outstanding balance if you don’t pay your bill in full.
Cash Advance Fee	2.5% of the amount withdrawn or ₹500, whichever is higher.
Late Payment Fee	For Statement Balance Less than Rs. 101 – NilRs. 101 – Rs. 500 – Rs. 150Rs. 501 – Rs. 5,000 – Rs. 500Rs. 5,001 – Rs. 20,000 – Rs. 750Rs. 20,000 & above – Rs. 1,000

What are the criteria for getting an HDFC Corporate Credit Card?

The following are the primary requirements:

1. To apply for the HDFC Corporate Credit Card, you must be between 18 and 70 years old.

2. The income requirement differs according to your employment status:

• Self-Employed Professionals: A minimum Annual income of Rs 2 lakhs usually does the job.

3. A secured income ensures regular timely payments on the credit card bill. Any amount above it ensures that it increases the approval probability.

4. Your credit score plays a role in the selection process. It is a tendency for HDFC Bank to favor borrowers with a better credit score usually above 750. 

5. You must be an Indian resident and have valid address proof within the country. 

6. A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.

7. A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good consistent income. This may be your income tax returns and bank statements.

What documents are required to get an HDFC Corporate Credit Card?

The documents that you will have to submit to get a Credit Card are as below:

Identity Proof	Aadhaar card, Passport, Voter ID, Driving license, PAN card
Address Proof	Salary slip for the last 3 months if you are a salaried employee bank statement for the last 3 months ITR for self-employed persons
Income Proof	Salary slip for the last 3 months if you are a salaried employee bank statement for the last 3 months for self-employed persons
Photograph	The latest passport-sized photograph

Where can the HDFC Corporate Credit Card be used?

Here is the list of places where you can use it:

• With the Corporate Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.

• You can also use it on websites like Amazon, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.

• You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.

• You can use it to book flight, train, or bus tickets, as well as to pay for taxi, Uber, Ola, or hotel bookings.

• You can use your credit card to pay electricity and water bills, mobile bills, and internet services.

• You can use your Corporate Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).

• The HDFC Corporate Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the HDFC Corporate Credit Card?

The credit amount you can spend is what you are provided with a Corporate Credit Card. It is based on your income, credit score, and other financial history when you are selected for this credit card by the bank.

For instance, if you have a credit limit of ₹50,000, you can spend up to that amount only. If you want to spend more than the limit, the bank will not consider it.

The actual credit limit varies with the person. A credit limit could be ₹30,000 for someone and ₹1,00,000 for another or even more, considering his/her profile and financial background.

It’s essential to follow the expenses and not exceed the credit limit because when you pass this limit then penalties get added, and your credit score also goes down.

How do you apply for an HDFC Corporate Credit Card?

Apply it through both these modes: 

Online Application Process

• Visit the official website of the HDFC Bank, i.e. 

• Go to ‘Cards’, followed by ‘Credit Cards’.

• On that page, you can see numerous options for credit cards issued by HDFC Bank; for instance, you can choose the HDFC Corporate Credit Card.

• Just hover your cursor on the HDFC Corporate Credit Card, followed by selecting ‘Apply Now‘ from there.

• You will be asked to fill out your details including your name, contact information, income details, and employment status.

• Be accurate and updated with the information provided.

• You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.

• After filling out the details and uploading the documents, review your application to make sure everything is correct.

• Apply online through the application form.

• The bank will check your application after submitting it. They can ask for extra documents or information if required.

• You will be informed about the status of your application, and if approved, your card will be delivered to you.

Offline Application Process

• You can walk into the nearest HDFC Bank branch to apply for the Corporate Credit Card.

• Request for the credit card application form for the Corporate Credit Card. They will provide you with the form and proceed accordingly.

• Fill the details in the application form wherever it is required. Care should be taken that all the information about personal details, income, and jobs provided by the applicant should be correct.

• Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and photograph.

• Your application will be processed, and your information will be cross-checked at the bank level.

• In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.

• You will receive the HDFC Corporate Credit Card by post at the same postal address.

• Once you receive your card, you need to activate it by following the instructions given in the envelope, either through the HDFC Bank Card website, or mobile app or by calling their customer service.

• For security purposes, you must set your PIN (Personal Identification Number) before you can start using your credit card.

Would getting an HDFC Corporate Credit Card in 2025 be right?

Yes, getting an HDFC Corporate Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility. 

HDFC Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and you have good credit, it might be a very good option in 2025.

Conclusion

Credit Card is a must-have financial instrument for companies to manage their expenditure. Corporate Credit Card is easy to use, but it also gives companies the facility to monitor and track their expenses. In the case of many employees, the Corporate Credit Card helps a company keep a check on the expenses of every employee, which keeps the books of accounts transparent.

The HDFC Credit Card offers various benefits, such as reward points, cashback, and special discounts to companies. This makes business travel and other expenses even more convenient. Other than this, the HDFC Corporate Credit Card helps companies prepare budgets and prevent unnecessary expenses.

In summary, the Corporate Credit Card will be a pretty smart choice where businesses can control their expenses easily and therefore help them manage their financial books. The main advantage of having an HDFC Credit Card enables companies to systematize every day-to-day financial transaction very easily, in turn, ensuring growth and profits.

Frequently Asked Questions (FAQ’s)