Apply for Commercial Credit Card

29 April, 2025


Synopsis

• Companies can apply for Commercial Credit Cards online with banks.

• Companies can request banks to issue Credit Cards for employees.

• Banks typically offer multiple Commercial Credit Card variants.
  
  

Businesses encounter a wide range of expenses daily, from office supplies to travel costs. Managing these expenses efficiently is vital for smooth operations and maintaining healthy cash flow. One effective solution is the use of Commercial Credit Cards. These cards not only help streamline expense management but also optimise cash flow. HDFC Bank offers a diverse range of Commercial Credit Cards designed to meet the unique requirements of businesses.

How to Apply for Commercial Credit Card?

Here’s a step-by-step guide to apply for Commercial Credit Card:

• Visit the Commercial Credit Card Page: Head over to the HDFC Bank website and navigate to the Commercial Credit Card section.
  
  

• Explore Card Options: Browse through the various Commercial Credit Cards available to choose one that best suits your business needs.
  
  

• Click on ‘Enquire Now’: This will redirect you to an online application form.
  
  

• Fill in Company Details: Enter essential information such as your company’s name, office address, annual turnover, and number of employees.
  
  

• Provide Contact Information: Include a valid mobile number and email ID.
  
  

• Submit the Form: Once submitted, an HDFC Bank representative will contact you to take you through the next steps.
  
  

Alternatively, companies can visit the nearest HDFC Bank branch to apply for Commercial Cards. Ensure that all necessary business documents and a signed application form by authorised personnel are submitted for processing.

Eligibility for a Commercial Credit Card

Typically, the following types of businesses are eligible to apply:

• Private Limited Companies

• Public Limited Companies

• Partnerships and LLPs
  
  

They should have an annual turnover of at least ₹10 crore to be eligible. However, companies with lower turnovers may still qualify by providing secured collateral, such as Fixed Deposits or Bank Guarantees.

What to Consider When Choosing a Commercial Credit Card Program?

​​​​​​​Before selecting a Commercial Credit Card program, businesses should evaluate the following factors:

• Features and Benefits: Identify the features you need, such as detailed expense tracking and spending limits.
  
  

• Rewards and Rebates: Look for cards that offer cash back, travel rewards, or other benefits.
  
  

• Fees and Charges: Understand the costs connected with the card, including interest rates and annual fees.
  
  

• Technological Integration: Ensure that the card program integrates seamlessly with your company’s existing financial systems.
  
  

Key Benefits of Commercial Credit Cards

Commercial Credit Cards offer a host of features for businesses:

• Expense Management: Keep track of business expenses with detailed statements and transaction histories.
  
  

• Credit Access: Gain immediate access to a line of credit to manage operational costs or unexpected expenses.
  
  

• Control Over Spending: Set spending limits for employees and manage card access.
  
  

• Rewards Programs: Earn cash back, travel rewards, or other benefits based on your business spending.
  
  

• Protection and Security: Enjoy fraud protection, purchase security and Travel Insurance.
  
  

Apply for a Commercial Credit Card at HDFC Bank for Convenient Management

If you value efficiency and convenience, HDFC Bank’s Commercial Payment Solutions might be just what you need. With best-in-class services and a wide range of offerings, managing corporate expenses becomes effortless. HDFC Bank’s Commercial Credit Cards are designed to meet diverse business needs, offering benefits such as customised spending limits, consolidated monthly statements, and travel rewards.

Explore our range of Commercial Credit Cards today to unlock a world of business convenience.

​​​​​​​FAQs

• What is a Corporate Premium Credit Card?
  
  A Corporate Premium Credit Card is a payment card issued to a company. These cards allow authorised employees to cover business-related expenses such as travel, supplies, and dining.
  
  

• Who can apply for a Corporate Premium Credit Card?
  
  Companies can apply for a Corporate Premium Credit Card and request the card issuer to issue individual cards to their employees for business expenses.
  
  

• Which entity types are eligible for Commercial Credit Cards?
  
  Private Limited Companies, Public Limited Companies, and Partnerships/LLPs are eligible to apply for Commercial Credit Cards.
  
  

• What is the limit of a Commercial Credit Card?
  
  The credit limit depends on several factors, including the company’s financial standing, creditworthiness, and track record. Contact the Bank to learn more about the credit limit, eligibility and terms and conditions.
  
  

• What if the turnover of the company is less than ₹10 Crore?
  
  Companies with a turnover below ₹10 Crore can still apply for Commercial Credit Cards by providing secured collateral, such as Fixed Deposits or Bank Guarantees.
  
  

Apply for Commercial Credit Cards online

*Disclaimer: Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Credit Card approvals at the sole discretion of HDFC Bank Limited. Credit Card approvals is subject to documentation and verification as per Bank’s requirement. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.