KVB Corporate Credit Card – Benefits, Fees & Eligibility

Introduction

The KVB Corporate Credit Card, issued by Karur Vysya Bank, is positioned as an entry-level solution for MSMEs and Corporates, offering smart and flexible expense management. It is ideal for proprietors, partners, directors, and employees to manage business spends. Key differentiating benefits include no joining fee, attractive cashback offers and rewards, and a fuel surcharge waiver.

Fees

• Joining Fee: Nil
• Annual Fee: Nil
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: Not available
• Interest Rates: 2.95% per month (35.40% per annum)
• Fuel Surcharge Waiver: 2% fuel surcharge waiver on fuel transactions 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 Reward Points: Earn 2 reward points for every Rs. 100/- spent on KVB Corporate Credit Cards.
• Cashback Offers: Attractive cashback offers are available, including offers up to Rs. 1,000/- on Cleartrip.
• Travel Benefits
  • Domestic Lounge Access: Enjoy 2 complimentary domestic lounge accesses in India.
  • Hotels.com: Get 8% off bookings.
  • Treebo Hotels: Flat 25% off on bookings.
  • redBus: Get 25% off on the mobile app for first-time bookings.
  • Yatra.com: Get up to Rs.10,000/- off on flight bookings.
  • Taj Hotels Palaces Resorts Safaris: Enjoy 10% off room bookings.
• Lifestyle & Business Benefits
  • Lenovo: Get 10% off.
  • General Purchase Offer: Flat Rs. 500/- off on a minimum purchase of Rs. 3,000/- and above.
  • Zoomcar: Get 20% off on the website or mobile app.
  • Zoho.com: Get 15% off across all products.
  • Office 365 Business Premium: Save 10% on the package.
  • Google Ad Spend: Get 100% Cashback* on the first $100 of Ad Spend on Google, applicable only with Visa Commercial Cards.
• Interest-Free Grace Period: Enjoy an interest-free grace period of up to 45 days.

Rewards Redemption Guide

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

Card Review

The KVB Corporate Credit Card is considered an entry-level card that offers travel benefits, making it best suited for proprietors, partners, directors, and employees for their business spends. It provides benefits such as domestic lounge access. However, it does not offer accelerated reward rates or milestone rewards, and there might be limited redemption options for accumulated reward points.

Important Product Details

• No Joining Fee is charged.
• Earn 2 Reward Points on every Rs 100 spent.
• Receive 2 complimentary lounge accesses in India.
• Benefit from a 2% fuel surcharge waiver on transactions between Rs 400 and Rs 4000, with a maximum waiver of Rs 300 per month.
• Enjoy an interest-free grace period of up to 45 days.
• Provides better control and visibility for business expenditures.
• Offers online e-statements with detailed spend breakdowns per credit card account.
• Corporates have the flexibility to decide and modify allocated limits on each card.
• Attractive cashback offers are available.

Other Details

• The card offers universal acceptance, flexibility, security, and control for business payments.
• For any queries and support, contact creditcardsupport@kvbmail.com or call 1800-419-6500 (Toll-free) or 022-40426031 (Customer care no). General customer support email is customersupport@kvbmail.com.
• Terms and conditions apply to all offers and rewards.
• Important documents like the Most Important Terms and Conditions (MITC) and Fair Practices Code for Credit Cards are available for reference.
• The bank provides disclaimers regarding redirection to third-party websites, stating that KVB is not responsible for the content, privacy, or security policies of linked sites.