HDFC Corporate Premium Credit Card Review

The hdfc bank corporate premium credit card is one of the most premium business credit cards offered by HDFC bank, focusing on the regular needs of the corporate world. It packs some exclusive hdfc credit card features like free domestic and international lounge access, hdfc card rewards on every purchase, and a several useful credit card features and benefits that will surely save you a lot of time and effort, more about the benefits of hdfc credit card are discussed below. 

Who can apply for the HDFC corporate credit card?

This hdfc card is meant for corporate usage only, and you can apply for this hdfc corporate card on behalf of your company. 

• Resident Type: Indian.
• The annual turnover of the company should be greater than Rs. 10 crores. 
• The company must be trading for at least 2 years. 
• An excellent credit score (above 780) is needed to apply for this hdfc corporate credit card.

You can apply for this business credit card from the hdfc credit card apply online portal. You can find the complete hdfc credit card application process on our faq page.

What documents are required to apply for an hdfc bank credit card?

• Photocopy of Address proof (any 1)
  • Last 6 months bank account Statement
  • Aadhar Card
  • Driving License
  • Passport
  • Utility bills
• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • Passport
  • PAN Card
• Two recent passport-sized photographs
• Proof of income statement:
  • Income tax return of the last year
  • Proof of business

What are the HDFC corporate card fees?

• HDFC premium card joining fee: Rs.999 + GST (May vary depending on the applicant’s credibility)
• HDFC credit card annual fee: Rs.999 + GST (May vary depending on the applicant’s credibility)

What are the hdfc corporate premium credit card benefits? 

• Make every transaction rewarding:

For each Rs.150 transaction, you will get 5 hdfc bank reward points; you can earn a maximum of 10,000 points in a hdfc credit card statement cycle. 

The hdfc bank credit card redemption process is very simple, you can redeem those corporate rewards into air miles, or you can use them for hotel booking or get a product from the hdfc credit card reward catalog. You can check the status of your hdfc card rewards from your hdfc netbanking credit card account, 

• Free domestic and international lounge access:

This hdfc card offers 20 free access to domestic and 6 free access to international lounges through the hdfc credit card priority pass program. Click here for the visa card lounge access list. You can find the mastercard card lounges list here. 

• HDFC credit card fuel surcharge waiver:

This hdfc corporate card features a 1% waiver on fuel surcharges across all fuel stations in India. This hdfc credit card offer is applicable on transactions between Rs.400 to Rs.10,000 and you can earn a maximum of Rs.1000 waiver in a hdfc bank credit card statement cycle.  

• Insurance and liability coverage protection:

With this corporate credit card hdfc bank offers complimentary Insurance coverage protection. The details are mentioned below.

Particulars	Total coverage amount
Air accidental deaths	Rs. 1 Crore.
Emergency hospitalization (Applicable when you are traveling outside India)	Rs. 1 lakh.
Flight delay	Rs. 15,000
Loss of baggage	Rs. 15,000
International flights missing	Rs. 15,000
Corporate liability coverage	Rs. 2,00,000 against employee-level frauds.  Rs. 25,00,000 against corporate level frauds.

You can find more details about the hdfc credit card insurance coverage scheme from the hdfc credit card settlement terms and conditions page. 

• Useful corporate tools:

With this corporate credit card, you can get access to the awesome hdfc wholesale banking services.

Individual tools	Uses
Advanced reporting tools.	Detailed reports on spend categories, expenses anytime you want.  Detailed transaction history of each of your add-on members.
Convenient resolution process.	Easy access to domestic and international transaction reports. Easy and convenient claiming process. Minimal processing time.
Extra savings.	Up to 50 days of the interest-free period.  Extra savings on flights and hotel bookings.

• A desiccated portal for all your needs:

The hdfc bank smart buy portal is dedicated to all your business-related needs. You can use this portal to book flight tickets, and hotels, you can also redeem hdfc credit card points through the portal. One hdfc credit card reward point value on SmartBuy is Rs. 0.30.

• Instant hdfc credit card bill payment options:

You are allowed to make your hdfc credit card online bill payment through net banking account, or by using any credit card payment app like Cred, Paytm, PhonePe, Google Pay, etc. If you don’t want to make hdfc bank credit card payment online, then you can find more about the process from hdfc bank card page.

• Contactless payment option:

This hdfc credit card is equipped with an advanced contactless payment facility; this credit card facility allows you to make payments just by placing your hdfc premium card over any contactless-enabled POS machine. 

For security reasons, the contactless credit card payment is limited to Rs. 5000 per transaction. You can also control the contactless usage of credit card from the android app for hdfc credit card. 

What are the hdfc bank corporate credit card charges?

Particulars	Payable amount
Axis credit card atm withdrawal charge	2.5% against the withdrawn amount (min Rs. 500). Check your hdfc bank credit card limit before making a withdrawal
HDFC corporate card finance charge	3.5% monthly or 42% annually (applicable if you don’t pay hdfc credit card bill on time)
HDFC international transaction charges	2.5% against the transaction amount.
HDFC bank add on credit card fee	Free for a lifetime.

How to contact the hdfc credit card settlement department?

• Call the hdfc credit card toll-free number: 1800-266-4332 (Toll Free) or 022-616-6161
• Write to the hdfc bank credit card complaints email address: customerservices.cards@hdfcbank.com 
• You can also discuss your problem with the hdfc credit card chat support EVA.

100xGain Ratings: 

7.5/10

Pros and cons of the HDFC premium credit card:

Pros	Cons
This hdfc credit card offers you free access to airport lounges. You can earn useful hdfc bank rewards with every transaction.	There are no dining or travel booking benefits on this corporate credit card.

If you don’t want to use your old hdfc credit card anymore, then you can easily close it. The hdfc credit card closure procedure is discussed on the hdfc credit card faq page.

Final Opinion:

If you are looking for a business credit card at an affordable rate, then this hdfc premium corporate credit card will be the best hdfc credit card for you. It offers several features like free lounge access, useful hdfc credit card rewards points, complimentary insurance coverage, lifetime free add-on cards, etc. which makes it an extremely useful credit card for business-related uses. 

But this premium credit card does not offer anything on dining and flight booking, which is not a deal-breaker though, and if you are looking for premium corporate credit cards, then it will be a solid choice for you.

Alternative cards of the hdfc premium credit card:

• HDFC Corporate Visa Signature Credit Card (Best for reward and lounge benefits)
• HDFC Purchase Credit Card (Best for its useful business tools)
• HDFC Corporate World MasterCard Credit Card (Best for reward and lounge benefits)