Commercial Credit Cards

Commercial Credit Cards can help manage corporate expenses while delivering significant process savings. The advantages of the Commercial Credit Cards include superior Credit Card limits, waivers on fuel surcharges, in addition to personal insurance coverage. Do make sure to go through the range of Commercial Credit Cards below to find the perfect one for you.

Commercial Credit Cards for You

Tailored options basis your needs

Axis Bank Business Supreme Visa

NEO Credit Card
  • Top Features:
    Experience financial flexibility with no joining or annual charges
    Convert transactions into easy EMI
  • Benefits
    Exclusively for sole proprietor
    Earn EDGE REWARD Points on every business spends
  • MIS
    Capability to control accessibility and transaction via net banking
    Manage usages through whatsApp banking

Axis Bank Business Supreme Master card

NEO Credit Card
  • Top Features:
    4 complimentary domestic lounge visits per quarter
    1% fuel surcharge waiver on fuel transactions
  • Benefits
    Exclusively for sole proprietor
    Earn EDGE REWARD Points on every business spends
  • MIS
    Capability to control accessibility and transaction via net banking
    Manage usages through whatsApp banking

Central Travel Account Card

NEO Credit Card
  • Top Features:
    Card-less solution, no plastic issued
    Personal accident:- Air insurance cover upto ₹2 Cr
  • Benefits
    All travel expenses on to a common platform
    Centralized billing and payment account solution
  • MIS
    Monthly statement for reconciliation
    Enhanced data through expense management tool

Axis Bank Executive Corporate Credit Card

NEO Credit Card
  • Top Features:
    Domestic & International
    Lounge access
    Airport Meet & Greet Services
  • Benefits
    Premier Golf  access
    25*7 Concierge Services
  • MIS
    Manage and Control Travel & Entertainment Expenses
    Get detailed Transaction information

Purchase Control (Virtual Card)

NEO Credit Card
  • Top Features:
    Virtual card
    Unique account number for each payment
  • Benefits
    29 customizable field for enhanced data
    Transaction level control
  • MIS
    Enhanced data through expense management tool
    Customizable reporting for reconciliation

Purchase Reward Card

NEO Credit Card
  • Top Features:
    Purchase reward card provides an option of monetizing the central expenses of an organization with an unmatched reward program
  • Benefits
    Unified process to integrate with existing ERP
    Expense consolidation for vendor payments
  • MIS
    Simplified reporting and reconciliation processes
    Enhanced data capability to negotiate better with suppliers

Corporate Credit Card with Corporate Liability

NEO Credit Card
  • Top Features:
    Lounge Access at selected airport within India
    Personal Accident:- Air insurance cover upto ₹4.5 Cr
  • Benefits
    1 point on every domestic spend of ₹200
    2 points on every international spend of ₹200
  • MIS
    Efficient expense reporting system
    Scheduled and Interactive reports

Purchase Card

NEO Credit Card
  • Top Features:
    Physical as well as card less solution
    Monitor spends using reporting tool
  • Benefits
    Unified process to integrate with existing ERP
    Expense consolidation for vendor payments
  • MIS
    Simplified reporting and reconciliation processes
    Enhanced data capability to negotiate better with suppliers

Do's and Don’ts about Commercial Credit Card

Do’s

  • Monitor spending: Regularly review your Credit Card statements to ensure all transactions are legitimate and align with your business budget.

  • Set spending limits: Use card controls to set specific limits for employees, helping manage expenses and avoid overspending.

  • Pay on time: Ensure timely payments to avoid interest charges and maintain a good credit score.

  • Utilise rewards and benefits: Take advantage of reward points, cashback, and other benefits offered by your Commercial Credit Card.

  • Keep personal and business expenses separate: Use the card solely for business purposes to maintain clear financial records.

Don’ts

  • Avoid maxing out the credit limit: Utilising too much of your credit can impact your business's credit score and lead to high interest rates.

  • Don't ignore fees: Be aware of late fees, annual fees, and foreign transaction fees that can add up and impact your bottom line.

  • Don't share card details indiscriminately: Protect your card information to prevent fraud and unauthorised transactions.

dos donts

Things to know about Commercial Credit Card

  • Determine your spending needs:
    Assess your business expenses to select a card that aligns with your spending habits and categories.
  • Evaluate your cash flow
    Ensure your business has sufficient cash flow to manage Credit Card payments and avoid debt.
  • Understand the application requirements:
    Gather all necessary documents, such as financial statements and tax returns, to streamline the application process.
  • Consider the repayment flexibility:
    Choose a card with flexible payment options that cater to your business's financial cycle.

Tips to Use Your Commercial Credit Card Safely

quick-tip

Frequently Asked Questions

A Commercial Credit Card is a financial product designed for businesses to manage their expenses more efficiently. It offers various benefits, including flexible credit limits, employee spending controls, and rewards for business-related purchases.

Commercial Credit Cards are typically used by businesses of all sizes, from small enterprises to large corporates. They are ideal for companies looking to manage employee expenses, streamline cash flow, and earn rewards on business purchases.

The benefits of Commercial Credit Cards include simplified expense management, improved cash flow, enhanced security features, rewards on business spending, and the ability to set customised spending limits for employees.

Corporate Credit Cards are used to manage a company's business expenses. They help streamline payments for travel, office supplies, and other operational costs, reducing the need for petty cash and simplifying expense tracking.

Commercial Credit Card charges may include annual fees, late payment fees, over-limit fees, and foreign transaction fees. Interest rates on unpaid balances and cash advance fees may also apply, depending on the card's terms and conditions.

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