SBI Platinum Corporate Credit Card

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

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)

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

Eligibility Criteria

Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history

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