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SBI Business Credit Cards

SBI Business Credit Cards or SBI Corporate Credit Cards are customized cards designed to suit the business needs of corporate customers. They are offered in different categories including utility cards, travel cards, corporate purchase cards, and virtual cards. Each card comes with multiple complimentary benefits that make it even more attractive to the corporate users.

Business Credit Cards Offered By SBI

Card Name

Joining Fees

Annual Fees

SBI Signature Corporate Credit Card

Nil (one time)

Up to Rs. 499

SBI Corporate Virtual Credit Card

Nil

Nil

SBI Platinum Corporate Credit Card

Nil (one-time)

Nil (p.a.)

SBI Corporate Central Travel Account Credit Card

Nil

Nil

SBI Corporate Utility Credit Card

Nil

Nil

SBI Corporate Purchase Credit Card

Nil

Nil

Key Features of The SBI Signature Corporate Credit Card

  • Priority Servicing
  • Get a complimentary priority pass membership with the card
  • Travel insurance of up to Rs. 1 crore given to employees
  • Concierge services available with the credit card
  • Complimentary insurance cover given against fraud by employees.
  • Multilayer spends control and spend analysis

Key Features of The SBI Corporate Virtual Credit Card

  • Enables smarter, safer, and quicker corporate payments without any plastic card
  • A unique virtual card number will be initiated for each transaction
  • Suppliers will not get full details about the primary account number and credit limit
  • Customized transaction controls for each category including limit, validity, velocity, and merchant category.
  • Savings via extended credit days, early payment discounts, and decreased transaction processing costs.

Key Features of The SBI Platinum Corporate Credit Card

  • You can track and control the company’s expenses with the Visa Intellilink spend management tool.
  • Complimentary insurance covering the company’s corporate card liability against employee frauds.
  • Complimentary membership to the Visa Lounge Access program that gives access to all participating lounges at airports within India.

Key Features of The SBI Corporate Central Travel Account Credit Card

  • It enables easy monitoring, analysis, and control of corporate travel expenses to ensure travel policy compliance within your company
  • Consolidates all travel expenses into one account
  • Helps in controlling travel spends without issuing multiple cards
  • Enables the simplification of the company’s travel reimbursement processes
  • Integrates expense management systems into it, thus helping to streamline the reconciliation and payment process.
  • Enables restriction of spends at retail categories not pertaining to travel
  • Comes with a dedicated customer support that will help address queries and complaints on top priority

Key Features of The SBI Corporate Utility Credit Card

  • Flexible and easy to pay
  • Better control and convenience
  • 24/7 online access to your card
  • Enhanced security
  • Transparent process, and the process is in compliance with that of the corporate
  • Two e-statements will be received by the corporate.
  • The e-statement will be generated on the second day of every month. It will be the Corporate Utility Card Consolidated Statement
  • The Consolidated Corporate Utility Card Interim Statement will be produced on the 13th day of every month.

Key Features of The SBI Corporate Purchase Credit Card

  • The card enables control of spends by category as it restricts employee spends at non-permitted shopping categories.
  • Enables spend analysis through Visa Intellilink
  • Enables greater control over the company’s expenditures.
  • Free Fidelity Guarantee Insurance that covers the company’s liability against employee fraud
  • Comes with a dedicated customer support that will help address queries and complaints on top priority

SBI Business Credit Cards – Fees and Charges

SBI Corporate Credit Card Name

Annual Fee

Renewal Fee

Interest Rate

Cash Withdrawal Fee

SBI Signature Corporate Credit Card

Rs. 499

Rs. 499

Upto 3.35% per month

2.5% of the transaction amount or Rs. 450

SBI Central Travel Account Card

Nil

Nil

Up to 3.35% per month

2.5% of the transaction amount or Rs. 450

SBI Platinum Corporate Card

Nil

Nil

Upto 3.35% per month

2.5% of the transaction amount or Rs. 450

SBI Corporate Utility Credit Card

Nil

Nil

Upto 3.35% per month

2.5% of the transaction amount or Rs. 450

SBI Corporate Purchase Credit Card

Nil

Nil

Upto 3.35% per month

2.5% of the transaction amount or Rs. 450

SBI Corporate Virtual Card

Nil

Nil

Upto 3.35% per month

2.5% of the transaction amount or Rs. 450

Benefits of SBI Business Credit Cards

  • It helps businesses achieve higher efficiencies: It simplifies the process of making multiple payment procedures and cheques and reduces the risk of fraud on your card. It has a dedicated account management team to help out with query or adaptability issues.
  • Ensure Control and Compliance: When you use a business card, you can put a limit on your cards’ expenses and analyze the trends of their usage to establish more efficient processes and practices. You can regulate the utility of your corporate cards according to time periods and merchant categories. You can also get access to analysis reports to understand how and where your cards are used. You can review expenses to assess policy breaches and ensure compliance.
  • Achieve Higher Savings: You can save a lot with attractive offers on airlines and hotels if you travel worldwide. You can do a thorough analysis and get insights of your expenditures, empowering you to make more informed decisions. You can compete in better negotiations with vendors. Also, you can decrease your travel and entertainment budgets with smoother travel and entertainment processes and supplier savings.
  • Convenience of Use: You can check the billed and unbilled charges on your card online. The card comes with a 24/7 dedicated customer support. You will also get an online anytime e-servicing model on your card. SBI Corporate cards have high global acceptance and you can use them in millions of outlets across the globe.

Apply For SBI Business Credit Cards

Apply Online

Companies can apply for corporate credit cards by clicking on the ‘Enquire Now’ button under each corporate credit card on SBIcard.com. You will then get a call back from the bank.

Upon clicking on the ‘Enquire Now’ button, visitors will be redirected to an enquiry application page. Here, they have to add the organization details such as company name, turnover, annual traveling, living expenses, and contact person details.

The contact company will get a call from the bank personnel. They will then explain about the corporate credit card application process.

Any queries regarding any SBI corporate card can be resolved on the same call.

Apply Offline

Companies can also walk into the nearest SBI Bank branch to check the information about corporate credit cards and apply for the same. Make sure that you carry the appropriate documents and proofs with you.

Conclusion

SBI Business Credit Cards benefit the corporates in managing their expenses more efficiently. The cards provide means of tracking expenditure, having control over them by putting a limit, and much more.

FAQs Of SBI Business Credit Cards

1. Is the Emergency Card Replacement facility there for SBI Corporate Cards?

Yes, the emergency card replacement facility is available if you get an SBI Corporate Credit Card.

2. How can I track the application status of my SBI Corporate Credit Card?

Visit the official website of SBI Cards. You can see a link to check the application status. Enter the application or reference number. Then, click on Track.You can view the application status.

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