About SBI Platinum Corporate Credit Card
The SBI Platinum Corporate Credit Card helps simplify running your business by making expense tracking easy and efficient. With this card, you can monitor all company and employee expenses in one place, thanks to its excellent spend management features. Every month, you receive a detailed statement that shows your company’s spending patterns, helping you understand where money is going. This makes it easier to manage budgets and plan for future business needs.
The State Bank of India (SBI) offers the SBI Platinum Corporate Card, which provides special benefits to customers. Using the spend management app, users can easily organize and track their expenses.
Other Features and Benefits
Priority Pass Program:
- Become a member for an annual fee of ₹180 + taxes.
- Access over 600 international airport lounges worldwide.
- Usage fee of $27 per visit plus applicable taxes.
- Activation: Call 1860 180 1290 / 39 02 02 02 or email sbicorporate.services@sbicard.com.
Chip and PIN Security:
- EMV chip and PIN protect against counterfeit, skimming, and lost/stolen card frauds.
- PIN required for transactions on POS terminals for enhanced security in India and abroad.
Offers and Lounge Access:
- Enjoy various offers and discounts (check the Offers section regularly).
- Complimentary airport lounge access in India (max 2 visits per quarter).
- Paid lounge access available for cardholders and guests beyond the complimentary limit.
Emergency Cash Disbursement:
- Access emergency cash within 24 hours when needed.
Emergency Card Replacement:
- Card replacement service available worldwide, free of delivery charges.
- Replacement within 72 hours or sooner.
- Request via Visa GCAS helpline or SBI Card helpline.
Spend Analysis:
- Advanced Spend Management: Analyze your company’s spending with Visa IntelliLink or Mastercard SmartData Gen2 tools for better expense control without budget cuts.
- Web-Based Interface: No need to change your existing systems; access expense data conveniently online.
- Detailed Insights: Receive customized data analysis, e-statements, and detailed personal transaction insights.
- Compliance Monitoring: Easily check for policy breaches and ensure adherence to company rules.
- Category-Wise Tracking: Track spend by category to negotiate better deals with vendors and suppliers.
- Dashboard: Quick snapshot of key spending information for easy decision-making.
- Email Alerts: Get notified about approvals, report availability, and threshold breaches.
- Interactive Reports: Use self-service reports with filters, sorting, and drill-down capabilities for precise spend analysis.
Multilayer Spend Control:
- Category Control: Block merchant categories like jewelry, casinos, etc., to prevent unauthorized spends.
- Limit Control: Set daily, weekly, and monthly card usage limits to keep spending within authorized limits.
Insurance Cover:
Fraud-Related Insurance:
| Cover | Details |
|---|
| Individual Card | Up to the credit limit on the card, max ₹2 lakhs |
| Corporate Level | Maximum cover of ₹60 lakhs per corporate entity |
Travel Insurance:
| Cover | Details |
|---|
| Air Accidental Death | ₹50 lakhs (if ticket purchased on the corporate card) |
| Lost Card Liability | Up to ₹3 lakhs for misuse within 7 days before & after notification |
| Fraud Add-on Cover | Up to ₹2 lakhs for counterfeit, phishing, skimming, online fraud |
| Baggage Loss | Up to ₹75,000 |
| Baggage Delay | Up to ₹7,500 |
| Loss of Passport (International only) | Up to ₹12,500 |
| Flight Delay | Up to ₹15,000 |
Fees and Charges
| Type of Fee | Details |
|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Interest-Free Credit Period | 20 to 50 days |
| Finance Charges | Up to 3.35% per month (up to 40.2% annually) |
| Cash Limit | Variable |
| Free Credit Period on Cash | Nil |
| Cash Withdrawal Fees | - Domestic ATMs: 2.5% or ₹450 per withdrawal (whichever is lower) |
| | - International ATMs: 3% or ₹450 per withdrawal (whichever is lower) |
| Overlimit Fees | Not applicable |
| Late Payment Penalties | - ≤ ₹200: No charges |
| | - ₹201 - ₹499: ₹100 penalty |
| | - ₹500 - ₹999: ₹400 penalty |
| | - ₹1,000 - ₹9,999: ₹500 penalty |
| | - ≥ ₹10,000: ₹750 penalty |
| Emergency Card Replacement | Complimentary |
| Foreign Currency Transaction Fee | Up to 3.5% |
| Rewards Redemption Fee | ₹99 |
| Yearly Reward Program Fee | ₹300 |
| Yearly Priority Pass Fee | ₹180 |
| Statement Request Fee | ₹100 per statement if older than 2 months |
| Priority Pass Lounge Access Fee | $27 per visit (plus taxes); same fee for guests |
| Customs Duty Payment Fee | 2.25% of transaction amount (minimum ₹75) |
Apply for a Credit Card & Get Instant Approval
Document Required For SBI Platinum Corporate Credit Card
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
SBI Platinum Corporate Credit Card Highlights
What do we like about this card?
- Advanced spend management with Visa IntelliLink / SmartData Gen2 for detailed expense tracking
- Web-based interface with customized reports, e-statements, and compliance monitoring
- Multilayer spend control with category and limit restrictions
- Fraud and travel insurance coverage including air accidental death and lost card liability
- Emergency card replacement worldwide within 72 hours, free of delivery charges
- 24x7 dedicated customer support with emergency cash disbursement
Things to Know Before you apply
Get this card if:
- You are a business owner or corporate looking to streamline employee and company expense tracking
- You want to monitor and control spending with flexible limits and category restrictions
- You require robust insurance coverage for fraud and travel-related incidents
- You often travel for business and value airport lounge access and emergency support
Pros
- Multilayer controls to prevent misuse and unauthorized expenses
- Worldwide emergency card replacement and 24x7 customer care support
- Priority Pass membership for international lounge access (optional)
- No joining or annual fees (check terms for specifics)
Cons
- Annual Priority Pass membership fee applies if lounge access is desired
- Some insurance and benefits may have coverage limits and terms & conditions
- Usage fees for Priority Pass lounges apply per visit and for guests
- Requires some setup and learning to fully utilize spend management tools
SBI Bank Credit Card Contact Details
SBI Bank Credit Card offers multiple ways to get assistance for your credit card queries and services.
- Contact Address: SBI Cards and Payment Services Limited, Wazirpur, New Delhi
- Helpline: Dial 39 02 02 02 or 1860 180 1290 (prefix local STD code)
- Simply SMS: Send an SMS to 5676791 from your registered mobile number.
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