KVB Corporate Credit Card – Benefits, Fees & Eligibility

KVB Corporate Credit Card

Introduction

The KVB Corporate Credit Card is a Visa card specifically designed to provide smart and flexible expense management solutions for MSMEs and Corporates. It offers universal acceptance, flexibility, security, and control for business payments, making it ideal for proprietors, partners, directors, and employees to manage their business expenditures. Cardholders earn 2 reward points for every Rs 100 spent and receive 2 complimentary domestic lounge accesses in India.

Welcome Benefits

• No Joining Fee.
• No specific welcome vouchers or bonus rewards are mentioned.

Fees

• Joining Fee: Nil
• Renewal Fee: Nil
• Spend-Based Waiver: Not Applicable
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: Not Applicable
• Interest Rates: 2.95% per month (35.40% p.a.)
• Fuel Surcharge: 2% fuel surcharge waiver on fuel transactions for amounts between Rs 400 and Rs 4000, with a maximum waiver of Rs 300 per billing cycle.
• Cash Advance Charges: 2% on the withdrawal amount or Rs 100, whichever is higher.

Rewards

• General Rewards:
  • Earn 2 reward points for every Rs 100 spent on KVB Corporate Credit Cards.
• Cashback Offers:
  • Attractive cashback offers are available.
  • Cashback offers up to Rs 1,000 on Cleartrip bookings.
  • Get 100% cashback on the first $100 of Ad Spend on Google, exclusively with Visa Commercial Cards.
• Shopping & Lifestyle Offers:
  • 10% off on Lenovo products.
  • Flat Rs 500 off on a minimum purchase of Rs 3,000 and above.
  • Get 15% off across all Zoho.com products.
  • Save 10% on the Office 365 Business Premium package.
• Travel Benefits:
  • Domestic Lounge Access: 2 complimentary domestic lounge accesses in India.
  • Hotels.com: Enjoy 8% off bookings.
  • Treebo Hotels: Get a flat 25% off.
  • redBus Mobile App: Get 25% off on your first booking.
  • Yatra.com: Get up to Rs 10,000 off on flight bookings.
  • Zoomcar: Get 20% off on the website or mobile app.
  • Taj Hotels Palaces Resorts Safaris: Enjoy 10% off on room bookings.
• Movies: Not Applicable
• Dining: Not Applicable
• International Lounge: Not Applicable
• Golf: Not Applicable
• Insurance Benefits: Not Applicable

Rewards Redemption Guide

• Reward points can be redeemed for exciting cashback offers.
• To redeem points, customers can call the customer care numbers: 1800 419 6500 or 022-404 260 31.
• Customers can also log in to their internet banking or mobile banking for redemption options.

Card Review

The KVB Corporate Credit Card holds an overall rating of 4.6/5. It is an entry-level card well-suited for proprietors, partners, directors, and employees who need to manage business expenses efficiently, offering universal acceptance and control over spending. Key advantages include no joining or renewal fees and an interest-free grace period of up to 45 days. However, the card lacks accelerated reward rates or milestone rewards, and redemption options for accumulated reward points might be limited. It provides good domestic travel benefits with complimentary lounge access but does not offer specific benefits for movies, dining, international lounges, golf, or insurance.

Important Product Details

• Interest-free grace period of up to 45 days.
• Offers better control and visibility for business expenditures.
• Provides online e-statements with a detailed breakdown of spends per credit card account.
• Corporates have the flexibility to decide and modify the allocated limits on each card.
• No Joining Fee is charged.
• Includes 2 complimentary domestic lounge accesses in India.
• Cardholders earn 2 Reward Points for every Rs 100 spent.
• Attractive cashback offers are available.
• 2% fuel surcharge waiver is provided on transactions between Rs 400 and Rs 4000, capped at Rs 300 per billing cycle.

Other Details

• Card Type: Visa card
• Application Process:
  • Online: Visit the KVB website, select the KVB Corporate Credit Card, click on "Apply Now," fill out the application form, and submit.
  • Offline: Visit any KVB branch and fill out an application form. The credit card will be dispatched to your registered address.
• Contact Information:
  • Customer Care (Toll-free): 1800-419-6500
  • Customer Care (Helpline): 022-40426031, 022-24398199
  • Domestic Helpline: 1860-258-1916
  • Helpline (Outside India): +91 44 - 66217600
  • Email Support: creditcardsupport@kvbmail.com, customersupport@kvbmail.com (for general queries and card-related queries)
• Important Documentation:
  • For Most Important Terms and Conditions (MITC), refer to the provided link on the KVB website.
  • For Fair Practices Code for Credit Cards, refer to the provided link on the KVB website.