CORPORATION BANK’S CORPBANK INTERNATIONAL CREDIT CARD

It is in alliance with VISA for Corporation Bank customers. It is accepted in over 28 million VISA merchant establishments worldwide, of which 1.1 million are India. The card can also be used at over 10 lakh VISA ATMs globally, of which there are more than 16000 VISA ATMs in India, including 925+ Corp Bank ATMs. The card has a variety of uses like online transactions, ass on cards, insurance, reward points, free credit period, balance transfer facility and countless other usage.

DOCUMENTS RREQUIRED FOR CORPBANK INTERNATIONAL CREDIT CARD
- You are required to carry 4 passport photocopies.
- An identity proof.
- A legitimate PAN card or Form 16 instead of it.
- A different proof of residence address if your current address is different from the one mentiones in your passport.
- Last 6 months of credit card statement of any other credit card, if any.
- For Self Employed / Professionals, latest Income Tax Returns has to be furnished.

HIGHLIGHTS OF CORPORATION BANK’S CORPBANK INTERNATIONAL CREDIT CARD
- Card holders can also use the card for internet transactions and other media as well.
- Cardholders have the facility to hold a maximum of 3 add-on cards to immediate family members such as parent, spouse, children and siblings above the age of 18 years.
- Free Credit Period is provided to all cardholders , provided the outstanding payments are made in full. The maximum free credit period shall be 45 days for Classic cards and 50 days for Gold cards.

FOR SERVICE CHARGES FOR CORPBANK INTERNATIONAL CREDIT CARD CLICK HERE

FEATURES

1. Revolving Credit facility – On receiving the credit card statement, card holder shall have the facility of opting for any of the payment options -
- Pay the total amount outstanding.
- Pay only the Minimum Amount Due and carry forward the balance to next statement.
- Pay any amount ranging from the Minimum Amount Due to the total amount due.

The Minimum Amount Due for a billing cycle shall be 5% of the total outstanding amount (rounded off to the highest tenth place) or Rs 100 whichever is more. Interest shall be levied on the amount revolved into the next billing cycle by the cardholder from the date of purchase and all subsequent purchases made on the card will also attract interest charges from the date of purchase till all outstandings are cleared.

2. Cash withdrawal facility – For withdrawal from credit card account transaction fees and interest of 2.5% or Rs.150 whichever is more for the period the amount is used will be charged. In case of withdrawal from VISA ATMs, additional VISA charges of Rs 50 shall be levied.

3. Predefined Credit Limits – Cardholders shall have the option to pre-define lower credit limits on their card than what they are eligible for. The predefined limits can be changed on request and will be effective from the next billing cycle.

4. Temporary Credit Limit Enhancement : Cardholders shall have the facility to temporarily increase their credit limit upto 30 % of the original credit limit.

5. Balance Transfer facility -
The primary cardholder shall have an option to transfer their balances from other Bank credit card to their CorpBank Credit Card. This facility will be available to cardholders only after 1 year of membership and based on credit history. Interest charge of 1.49% per month on the balance transferred will be charged. On expiry of this period, applicable interest rates shall be levied.

6. Dial a Draft – Cardholder can call the 24 hour customer service center and ask for a draft payable at any CorpBank location in India favouring any company or individual. A transaction fee of 1.0% of the amount withdrawn, subject to a minimum of Rs 100, will be levied, and interest charges will also be levied from the date of transaction to the date of repayment.

7. Insurance facilities –
- Personal Accident Insurance Cover: Classic and Gold Cardholders shall be eligible for Personal Accident (PA) Insurance Cover against loss of life. The PA cover shall be Rs 1 lakh for Classic (Rs 2 lakhs in case of death by Air Accident) and Rs 2.5 lakhs for Gold cardholders (Rs 5 lakhs in case of death by Air Accident).
- Lost card Liability: On reporting of loss / theft of the card, the cardholder shall be protected from any financial liability arising out of transactions done on the lost/stolen card from the time of reporting the loss/theft.
- Credit shield facility and purchase protection cover are also available under the insurance facilities offered by the Bank.

24 x 7 Customer care Number – 1800 22 66 06 (toll free), 022 – 40426009

Rewards Programme – All cardholders shall be eligible for reward points for purchases made through the credit card at merchant establishments. Classic card holders shall earn 1 point for every Rs 200 spend while Gold card holders shall earn 1 point for every Rs 150 spent during the billing cycle. Amounts under cash withdrawal, balance transfer will not be eligible for earning reward points. Cardholder can redeem reward points at 1 point = Rs 1 on attaining a minimum of 500 reward points.