Platinum Corporate Card

For the global traveler

Privileges on SBI Platinum Corporate Card

SBI Platinum Corporate Card now comes with exclusive privileges

global-acceptance

Global Acceptance

  • Your SBI Platinum Corporate card is accepted at over 24 million outlets across the globe including 3,25,000 outlets in India
  • SBI Platinum Corporate card is recognized internationally for highest international authorization approval rate
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Global Acceptance
  • Winner of 2011 Service Quality Performance Award
smarter-expense-management

Smarter Expense Management

  • Track and control your organisation’s expenses with Visa Intellilink spend management tool
  • The tool provides user-friendly dash board and interface for real-time expense management
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Smarter Expense Management
  • Spend Category Control provides a choice to your organisation to allow transactions at select merchant categories only
  • You can now set daily, weekly, cyclical and annual spend limits on the card to prevent over-exposure and ensure better control
insurance

Insurance

  • Get complimentary insurance cover on your SBI Corporate Credit Card
  • Insurance will cover the organisation’s corporate card liability against frauds by employees
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Insurance
  • Insurance is valid on international and additional factor authenticated online transactions as well   
  • Enjoy customer friendly claim settlement process

SBI Platinum Corporate Card

Know everything about our SBI Platinum Corporate Card

  • Spend Analysis
    • Analyze the organisation’s spending pattern with Visa Intellilink spend management tool and control expenses better, rather than resort to budget cuts
    • Take benefit from the web based interface and no need to make changes in the organisation’s systems
    • Experience a new level of convenience and efficiency with customised data analysis, e-statements and detailed insights for all personal transactions
    • Easy access to SBI Platinum Corporate Cardholder’s expenses to check policy breaches and ensure compliance.
    • Category-wise tracking facility to leverage and negotiate better rates and terms with vendors and suppliers.
    • Dashboard facility advantage for quick snapshots of key information
    • Get email alerts to signal key events like approvals, availability of reports or statements and program thresholds
    • Use self-service interactive reports with multiple filters, sort options and drill-down capability for accurate spending information
  • Multilayer spend control
    • Category control - Restrict non-permitted merchant categories like, jewelry, casinos, etc., for preventing such expenses – even inadvertently.
    • Limit control - The card usage can be kept within permitted entitlement limits by putting daily, weekly and monthly limits on the corporate card.
  • Insurance Cover

      Fraud Related Insurance

      Cover Details
      On Individual cards Equal to the credit limit of the card, subject to a maximum amount of Rs. 2 lakhs
      At a corporate level Per corporate entity the cover is limited to a maximum of Rs. 60 lakhs

      For more detail Terms & Conditions, click here.


      Travel insurance

      Cover Details
      Air accidental death If the ticket is purchased on the corporate card, sum assured is Rs. 50 lakhs
      Lost card liability For misuse of the lost card- 48 hours prior notification and 7 days post notification, sum assured is upto Rs. 3 lakhs.
      For fraud add-on cover against Counterfeit, Skimming and Online Frauds, sum assured is upto Rs. 2 lakhs.
      Travel insurance For baggage loss,sum assured is up to Rs. 75,000
      For baggage delay, sum assured is up to Rs. 7,500
      For loss of passport (only international), sum assured is up to Rs. 12,500
      For flight delay, sum assured is up to Rs. 15,000

      For more detail Terms & Conditions, click here.

  • Emergency Card Replacement
    • SBI Platinum Corporate card can be replaced from anywhere in the world
    • This service doesn’t include any delivery charges for all SBI Platinum Corporate Cardholders
    • Get card replaced within 72 hours of request being placed or even sooner
    • Seamless and convenient process for cardholder – Call Visa GCAS helpline/SBI Card helpline
  • 24x7 Services
    • SBI Corporate Card has a dedicated team of Service Desk Executives and Relationship Managers for assistance and support.
    • Easily report or block the card loss or stolen card anytime
    • Avail emergency cash access across the world with the SBI Signature Corporate Card.
    • For any assistance, please call: 1860 180 1290 / 39 02 02 02 (prefix local STD code).

  • Emergency Cash Disbursement
    • Access cash in times of emergency, within 24 hours.
  • Priority Pass Program
    • Easily become a Priority Pass Program member at an annual charge of Rs. 180
    • Enjoy access to more than 600 international airport lounges worldwide with the membership
    • A usage fee of only $27 will be charged to your card.
    • For activation of the service, please call: 1860 180 1290 / 39 02 02 02 (prefix local STD code) or reach us at sbicorporate.services@sbicard.com
  • Chip and PIN benefits
    • Chip and Pin security feature makes your transactions more secure in India and abroad.
    • Chip and Pin enabled cards carry an embedded EMV chip, and require a secure personal identification number to be entered by the cardholder on the POS terminal, in addition to the information entered by the merchant.
    • This feature helps protect against the threat of counterfeit, skimming and lost and stolen card frauds
  • Bouquet of Offers
    • Enjoy a host of offers on your SBI Platinum Corporate Card. Check our Offers section for more details.
  • Visa Lounge Access Program

      The Visa Lounge Access program is provided by Visa at all participating lounges at airports within India. Upon presentation of the SBI Corporate Card and boarding pass, cardholders can enjoy the following privileges:

    • Complimentary access for Corporate Cardholders (maximum of 2 visits per quarter)
    • Paid Access: In addition to the complimentary access, cardholders are also entitled to unrestricted (chargeable) access for themselves & for their accompanying guests.
    • Check our Offers section for more details.

  • Fee
      • Joining Fee (one Time) : Nil
      • Annual Fee (p.a) : Nil
  • Extended Credit
      • Interest Free Credit: 20-50 days (applicable only on retail purchases and if previous month’s outstanding balance is paid in full)
      • Period Finance Charges#: Upto 3.35% p.m  (40.2% p.a.) from the transaction date (It is a charged card and does not offer revolving facility)
      • Total Amount Payable: Total Outstanding Dues
  • Cash Advance (If Applicable)
      • Cash Advance Limit (If Applicable): Variable
      • Free Credit Period: Nil
      • Finance Charges#: Upto 3.35% p.m. (40.2% p.a.) from the date of withdrawal
      • Cash Advance (If Applicable)

      • SBI ATMs / Other Domestic: Upto 2.5% of withdrawal amount or Upto Rs. 400 (WIH) per transaction
      • ATMs International ATMs: Upto 3% of withdrawal amount or upto Rs. 400 (WIH) per transaction
  • Other charges
      • Payment Dishonor Fee: 2% of payment Amount (subject to a minimum of Rs. 350)
      • Charge slip Retrieval: Rs. 225 per Charge slip
      • Late Payment:
        • Nil for Total Amount due from Rs. 0 and up to Rs. 200;
        • Rs. 100 for Total Amount due greater than Rs. 200 and up to Rs. 500;
        • Rs. 400 for Total Amount due greater than Rs. 500 and up to Rs.1,000;
        • Rs. 500 for Total Amount due greater than Rs. 1,000 and up to Rs. 10,000;
        • Rs. 750 for Total Amount due greater than Rs. 10,000;
      • Emergency Card Replacement: Complimentary
      • Foreign Currency Transaction: Conversion mark up : 3.5%
      • Rewards redemption fee: Up to Rs. 99
      • Annual Priority Pass Fee: Rs. 180
      • Annual Reward Fee: Rs. 300
      • Cash Payment Fees: Rs. 100 + Applicable taxes
  • Surcharge
      • Railway Tickets - Railway Counters: Rs. 30 + 2.5% of transaction amount
      • Railway Tickets www.irctc.co.in: 1.8% of transaction amount + all applicable taxes
                                                                      2.5% of transaction value or Rs. 10 whichever is higher
                                                                      2.5% surcharge waiver (excluding all applicable taxes wherever applicable + other charges) for single transaction
                                                                      spends between Rs.500 and Rs.4000 for Signature & Platinum Cards; Rs. 500 and Rs. 3,000 for all other cards
      • Petrol & all products/services: Maximum surcharge waiver of Rs. 250 per statement cycle per credit card account for signature & platinum cards; Rs. 100 per credit card account for all other cards.
  • Order of payment settlement

      Total amount due (which is inclusive of Applicable Taxes), followed by fees and other charges, Interest charges, retail outstanding and cash advance.

  • Payment of Customs duty

      2.25% of transaction amount (subject to minimum of Rs.75)

      All taxes would be charged as applicable on all the above Fees, Interest & Charges.

      Applicable taxes means Service tax (ST) @ 14%, Swachh Bharat Cess (SBC) @ 0.5% and Krishi Kalyan Cess (KKC) @ 0.5%

      *Any changes in schedule of charges will be communicated via email and will be available on our website sbicard.com

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