HDFC Corporate World MasterCard Credit Card

The Corporate World Master Credit Card by HDFC Bank is an ideal corporate credit card which can help businesses and corporate companies manage their finances better. The card helps the companies to keep a constant check on finances with the effective Management Information System (MIS). 

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Features and Benefits of the HDFC Bank Corporate World Master Credit Card

Corporate Benefits

  1. With 60 MIS reports, companies and business can operate effectively and efficiently by keeping a monitor on expenses and spending analysis.
  2. Tie-ups with airlines and hotels can help save money for the business.
  3. Streamlined accounting procedures which consolidate data from all around the world.
  4. Making a paperless industry by reduction of paperwork and simplifying tasks.

Reward Point Benefits

  1. Every Rs.150 spent on the card will get you 2 reward points.

Lounge Access Benefits

  1. With the credit card, you get a complimentary Priority Pass Membership.
  2. You will have preferential access to more than 1,000 airport lounges all over the world.
  3. With the membership, 6 complimentary airport lounge visits are allocated to you outside the country in a year.
  4. The World Master credit card also provides you with the benefit of exclusive lounge access.
  5. This enables you 8 complimentary lounge visits in a year in India.

Fuel Benefits

  1. The fuel surcharge of 1% will be waived for all your fuel purchases made on the credit card.
  2. Your fuel expenses must be between Rs.400 and Rs.5,000 to avail the waiver.
  3. The maximum surcharge is Rs.1,000 per statement cycle.
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Key Highlights of the HDFC Bank Corporate World Master Credit Card

  1. 24/7 availability of the Management Information System
  2. 60 MIS reports for better working of businesses and corporations.
  3. 2 reward points for every Rs.150 spent by the cardholder.
  4. 1% fuel surcharge waiver on fuel spends.
  5. Up to 50 days of interest-free purchases.
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Fees and Charges on the HDFC Bank Corporate World Master Credit Card

Type of Charge

Amount

Annual fee

Free

Minimum repayment amount

5% or a minimum of Rs.200

Charges on revolving credit

3.25% per month

Interest-free period

Up to 50 days

Late payment charges

  1. Less than equal to Rs.100 - Nil
  2. Rs.101 to Rs.500 - Rs.100
  3. Rs.501 to Rs.1,000 - Rs.500
  4. Rs.1,001 to Rs.5,000 - Rs.600
  5. Rs.5,001 to Rs.10,000 - Rs.750
  6. Rs.10,001 to Rs.25,000 - Rs.900
  7. Rs.25,001 to Rs.50,000 - Rs.1100
  8. More than Rs.50,000 Rs.1300

Additional card fee

Free

Payment return charges

2% of the payment amount subjected to a minimum of Rs.450.

Cash advance limit

Corporate Liability - 40% of the credit limit

Individual liability - 30% of the credit limit

Cash advance charges

2.5% of the amount withdrawn or Rs.500, whichever is higher

Charges on over limit account

2.5% of the over limit amount subjected to a minimum of Rs.500

Outstation cheque processing charges

Cheque value of up to Rs.5,000 - Rs.25

Cheque value of more than Rs.5,000 - Rs.50

Cash processing fee

Rs.100

Balance transfer processing charges

1% of the balance transfer amount or Rs.250. The higher amount will be taken.

Rewards redemption fee

Rs.99 per redemption request

Railway ticket purchase fee

1.8% of the transaction amount + GST

Foreign currency transactions

3.5%

Reissue of a stolen, lost or damaged card

Rs.100

Fuel transaction charges

Rs.1,000 per statement cycle will be waived off

HDFC Bank Corporate World Master Credit Card Limit

The credit limit of this HDFC credit card is completely at the discretion of HDFC Bank. The bank takes several factors into consideration before allotting a limit. Since this is a corporate credit card, your company will also have a role in allotting the credit limit.

Reward Point Benefits of the HDFC Bank Corporate World Master Credit Card

  1. With this card, you will receive 2 reward points for every Rs.150 spent.
  2. There will not be any points given for fuel transactions.
  3. These points can be redeemed for a wide range of products at the rewards catalogue of HDFC Bank.
  4. The points which are added to the card will be valid for 2 years from the date of accumulation.

How to redeem reward points on the HDFC Bank Corporate World Master Credit Card?

You can redeem reward points through offline or online methods. If you wish to do so offline, you will need to download the rewards redemption form from the HDFC Bank website. The details will need to be filled and sent to the following address:

Rewards Helpdesk,

HDFC Bank Cards Division,

P.O. Box No. 8654,

Thiruvanmiyur, P.O.,

Chennai - 600041.

You can also log in to your HDFC Credit Card Net banking account and redeem your reward points online as well. To do so, here are the steps you need to follow:

  1. Log in to your HDFC Bank net banking account.
  2. Click on the 'credit cards tab.
  3. Register your card and then click on the 'redeem reward points and select 'continue.
  4. The website will then redirect you to the rewards redemption page.
  5. Select 'Redeem Reward Points.
  6. Click on the category of the item you need.
  7. After doing so, choose the points range to check the various products.
  8. You can select the items and add them to the cart for purchase.
  9. After you have chosen the products, click on 'view your shopping cart.
  10. You will need to read the terms and condition and check the box.
  11. Once done, click on 'redeem. The redemption order number which is given must be noted down for future references.

Eligibility Criteria for the HDFC Bank Corporate World Master Credit Card

  1. If the primary cardholder is a salaried individual, he or she must be between the age of 21 years and 60 years.
  2. The add-on cardholder must be at least 15 years of age.
  3. The primary applicant must be a resident or a non-resident of India.
  4. If the applicant is a self-employed individual, he or she must be between the ages of 21 years and 65 years.

Documents required for applying for the HDFC Bank Corporate World Master Credit Card

  1. Duly filled application form
  2. Copy of Form 60 and PAN card.
  3. Proof of income which can include a copy of your Form 16, latest salary slips or IT returns.
  4. Address proof which should include PAN card, Passport, Aadhaar card or a copy of your electricity bill.
  5. 2 passport-sized coloured photographs.
  6. An identity proof which includes Aadhaar card, PAN card or driving licence.
Other HDFC Bank Credit Cards
  1. HDFC Bank Regalia Credit Card
  2. HDFC Bank Solitaire Credit Card
  3. HDFC Bank Superia Credit Card
  4. HDFC Bank Titanium Edge Credit Card
  5. HDFC Business Regalia First Credit Card
  6. HDFC Bank Platinum Times Credit Card
  7. HDFC Bank Titanium Times Credit Card
  8. HDFC Bank Business Platinum Credit Card
  9. HDFC Bank Visa Signature Credit Card
  10. HDFC Bank MoneyBack Credit Card
  11. HDFC Bank Infinia Credit Card
  12. HDFC Bank Platinum Edge Credit Card
  13. HDFC Bank Platinum Plus Credit Card
  14. HDFC Bank All Miles Credit Card
  15. HDFC Bank Diners Club Black Credit Card
  16. HDFC Diners Club Privilege Credit Card
  17. HDFC Bank Millenia Credit Card
  18. HDFC Regalia First Credit Card
  19. HDFC Bank Diners ClubMiles Card
  20. HDFC Bank Freedom Credit Card
  21. 6E Rewards IndiGo HDFC Bank Credit Card
  22. 6E Rewards XL Indigo HDFC Bank Credit Card
  23. IndianOil HDFC Bank Credit Card
  24. HDFC Bank Easy EMI Card
  25. HDFC Business Regalia Credit Card
  26. HDFC Best Price Save Max Credit Card
  27. HDFC Business MoneyBack Credit Card
  28. HDFC Best Price Save Smart Credit Card
  29. HDFC Bank Diners Club Premium Credit Card
  30. HDFC Diners Club Rewardz Credit Card
  31. HDFC Bank Doctor's Regalia Credit Card
  32. HDFC Bank Doctor's Superia Credit Card
  33. HDFC Bank Teacher's Platinum Credit Card
  34. HDFC Bank World MasterCard Credit Card
  35. HDFC Bharat Credit Card
  36. HDFC Bank Business Gold Credit Card
  37. HDFC Bank Corporate Platinum Credit Card
  38. HDFC Bank Corporate Premium Credit Card
  39. HDFC SAP Concur Solutions Black Corporate Credit Card
  40. HDFC SAP Concur Solutions Prime Corporate Credit Card
  41. HDFC Business Corporate Regalia Credit Card
  42. HDFC Business Corporate MoneyBack Credit Card
  43. HDFC Bank Corporate Visa Signature Credit Card
  44. HDFC Bank Purchase Credit Card
  45. HDFC Bank Central Travel Account Credit Card
  46. HDFC Bank Distributor Credit Card
  47. MakeMyTrip HDFC Bank ForexPlus Card
  48. HDFC Bank Regalia ForexPlus Card
  49. HDFC Bank Multicurrency Platinum ForexPlus Chip Card
  50. HDFC Bank ISIC Student ForexPlus Card

FAQs on HDFC Bank Corporate World Master Credit Card

  • How do I redeem the reward points accumulated on my card?

    You can visit the Credit Card section to redeem your reward points against various gifts and vouchers. Alternatively, you can also redeem the reward points using phone banking.

  • What are late payment charges?

    If the minimum amount due is not paid before the payment due date, late payment charges will be levied. The charges will range from Rs.100 to Rs.700 depending on the statement balance range.

  • How do I apply for Online Credit Card services?

    If you are a registered HDFC customer but havent registered for NetBanking you can do so by requesting for online services at any physical branch. Customers who have access to NetBanking can't log in and click on the credit card section to explore more options.

  • What do I do if I forget my PIN?

    You can apply for duplicate PIN using NetBanking. After successful submission of the request, the PIN will be sent to your registered address within 10 days. Also, you can use phone banking services to request a PIN change.

  • How do I make a credit card payment?

    You can use cash or cheque payment over the counter and also NEFT to make the payment. HDFC Account holders can use auto-pay, funds transfer or net banking to make a credit card payment.

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