The ICICI Bank Gold Corporate Credit Card is designed for businesses seeking an efficient way to manage corporate expenses. This card offers basic yet effective benefits tailored to the needs of small and medium-sized enterprises (SMEs). From cashback to simplified expense management, the ICICI Bank Gold Corporate Credit Card is a versatile tool that supports everyday business transactions.
- Overview
- ICICI Bank Gold Corporate Credit Card Fees and Charges
- ICICI Bank Gold Corporate Credit Card Features and Benefits
- Expense Management and Corporate Services
- Foreign Transaction Fee
- Eligibility
- How to Apply?
- Similar Cards to ICICI Bank Gold Corporate Credit Card
- ICICI Bank Gold Corporate Credit Card vs. HDFC Corporate Platinum Credit Card
- ICICI Bank Gold Corporate Credit Card vs. Axis Bank My Business Credit Card
- Final Thoughts
- FAQ
Overview
| Feature | Details |
|---|---|
| Card Type | Corporate Credit Card |
| Reward Rate | Earn reward points on business-related expenses |
| Joining Fee | NIL |
| Key Benefits | Rewards, expense management tools, fuel surcharge waiver |
| Rating | ★★★★☆ (4.2/5) |
ICICI Bank Gold Corporate Credit Card Fees and Charges
| Fee Type | Details |
|---|---|
| Annual Fee | NIL |
| Finance Charges | 3.4% per month (40.8% per annum) |
| Foreign Transaction Fee | 3.5% + GST |
| Cash Advance Fee | 2.5% of the amount withdrawn, with a minimum of ₹300 |
| Late Payment Fee | ₹100 to ₹1,000 depending on the outstanding balance |
| Overlimit Fee | ₹500 |
ICICI Bank Gold Corporate Credit Card Features and Benefits
Reward Points
- Earn Points on Business Expenses: Gain reward points for every rupee spent on business-related purchases. These points can be redeemed for various rewards, including gift cards, travel vouchers, and other corporate necessities.
Fuel Surcharge Waiver
- Save on Fuel: Receive a 1% waiver on fuel surcharge at all petrol stations across India on transactions between ₹400 and ₹4,000, helping reduce travel and logistics costs.
Expense Management Tools
- Detailed Expense Tracking: Comprehensive expense reports and monthly statements help businesses manage their finances effectively and maintain a clear overview of corporate spending.
Global Acceptance
- Worldwide Usability: Use this card at millions of locations globally, making it ideal for international business travel and transactions.
Insurance Coverage
- Protection Against Fraud: Includes coverage for fraudulent transactions, providing security for business expenses and safeguarding corporate finances.
Expense Management and Corporate Services
- Corporate Liability Waiver: Protects businesses against unauthorized transactions by employees, reducing risk and liability.
- Dedicated Customer Support: Access 24/7 customer service to assist with any card-related issues or inquiries.
Foreign Transaction Fee
| Feature | Details |
|---|---|
| Foreign Transaction Fee | 3.5% + GST |
Eligibility
- Suitable for SMEs: This card is ideal for small and medium-sized enterprises looking to optimize their corporate spending and earn rewards on business transactions.
- Income Requirements: Eligibility depends on the business’s financial stability and creditworthiness.
How to Apply?
- Process: Apply online through the ICICI Bank website or visit the nearest branch. Complete the application form and submit the required documents. Once approved, the card will be issued to the company.
Similar Cards to ICICI Bank Gold Corporate Credit Card
| Feature | ICICI Bank Gold Corporate Credit Card | HDFC Corporate Platinum Credit Card | Axis Bank My Business Credit Card |
|---|---|---|---|
| Annual Fee | ₹500 + GST (waived on spending ₹50,000 annually) | Nil | ₹999 + GST (waived on spending ₹50,000 annually) |
| Reward Rate | Points on business expenses | 2 Reward Points per ₹150 spent | Rewards on both business and personal expenses |
| Expense Management | Basic tracking and reporting | Detailed statements and MIS reports | Comprehensive tracking and customizable solutions |
| Insurance Coverage | Fraud protection included | Extensive travel and accident insurance | Basic insurance coverage |
| Foreign Transaction Fee | 3.5% + GST | 2% + GST | 3.5% + GST |
ICICI Bank Gold Corporate Credit Card vs. HDFC Corporate Platinum Credit Card
The ICICI Bank Gold Corporate Credit Card focuses on basic rewards and expense management, making it suitable for SMEs. In contrast, the HDFC Corporate Platinum Credit Card offers robust rewards and extensive insurance coverage, ideal for larger corporations that require comprehensive benefits.
ICICI Bank Gold Corporate Credit Card vs. Axis Bank My Business Credit Card
While the ICICI Bank Gold Corporate Credit Card provides straightforward rewards and essential expense management tools, the Axis Bank My Business Credit Card offers a wider range of benefits tailored for both personal and business use, catering to small business owners who need flexibility.
Final Thoughts
- ICICI Bank Gold Corporate Credit Card is best for SMEs that need a cost-effective way to manage business expenses and earn rewards.
- HDFC Corporate Platinum Credit Card is suited for larger businesses needing comprehensive rewards and extensive coverage.
- Axis Bank My Business Credit Card is ideal for businesses requiring flexibility in managing both business and personal expenses.
FAQ
What is the annual fee for the ICICI Bank Gold Corporate Credit Card?
NIL
How do I earn rewards with the ICICI Bank Gold Corporate Credit Card?
Earn points on every business-related purchase, redeemable for various rewards like gift cards and travel vouchers.
Does the ICICI Bank Gold Corporate Credit Card offer insurance coverage?
Yes, it includes coverage for fraudulent transactions, protecting your business finances.
What are the expense management features of the ICICI Bank Gold Corporate Credit Card?
The card provides basic tracking and reporting tools to help manage business expenses efficiently.
How do I apply for the ICICI Bank Gold Corporate Credit Card?
You can apply online through the ICICI Bank website or visit a branch to complete the application process.
