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Manage your travel and entertainment expenses efficiently with a Corporate Card from HSBC. Our Card can reduce your administrative costs while increasing your ability to manage your employees' spending on dining, transportation, lodging and other related expenses.
Your employees will no longer need to use their personal credit cards - a situation which creates more paperwork, presents opportunities for fraud and can breed resentment (if reimbursements are delayed).
The Corporate Card gives your employees greater freedom and flexibility while at the same time promotes greater adherence to your business travel and entertainment policies.
Benefits for your business
- Improving Cash Flow: Your company and Cardholders receive up to 53 days of interest-free credit (46 days on US Dollar Cards) to settle Card dues. This helps avoid lengthy administration and funding costs for petty cash advances to employees to meet their routine business expenses.
- Promotes Policy Adherence & Budget Optimisation: The Card's flexibility makes it possible for you to set your travel and entertainment policy to suit your budget
- Improved Control: Limits can be set or altered based on anticipated usage
- ATM Access: Your company can nominate Cardholders to have ATM access on their Cards
- Flexible Billing: Two billing options to best meet your requirements: Central Billing: Direct to your business for central settlement. The bill is paid either by a standing instruction to a HSBC account, by cheque or through bank transfer; Individual Billing: Direct to Cardholders for individual settlement. The Cardholder settles the Card dues directly with the Bank and gets reimbursed from the company
- Corporate Liability Waiver Insurance: Experience indicates that employees' intentional misuse of Corporate Card privileges is very rare. However, to protect you against any such losses, we offer free insurance for greater security and flexibility in meeting your business needs.
- Streamlining Administration and costly reimbursement processes: The Corporate Card from HSBC is easy to monitor for administration purposes.
In addition to a summary statement that is sent to your business with the monthly dues for all Corporate Cards HSBC also offers online reporting through the Smart Data OnLine (SDOL) package which makes it easy to analyze and control your business expenditure. Click here for more information on SDOL.
Benefits for your staff
- Worldwide Acceptance: Our Cards are accepted at over 32 million outlets worldwide.
- Easy Access to Cash: In case of emergencies, authorised Cardholders may obtain cash against the Corporate Card from any participating banks worldwide or can make cash withdrawals from ATMs worldwide.
Travel Easy
Traveller from HSBC, in association with Al Rostamani Travel & Holidays, offers several benefits to Cardholders when they buy their airline tickets, in full, with their Corporate Card from HSBC.
Traveller benefits
- Telephone ticket reservations.
- Free delivery of airline tickets
- One-way limousine pick up
- Access to the Priority Lounge
- Complimentary Meet and Assist services on departure or arrival*
Emergency Assistance
We provide reassurance to Cardholders by offering an Emergency Assistance service:
- Emergency medical assistance
- Emergency Card replacement
- Legal assistance up to US$5,000
Travel and Accident Insurance
Automatic travel and accident insurance when travel fares are charged to the Card:
- Up to US$250,000 coverage is provided to Gold Cardholders
- Up to US$100,000 for Standard Cardholders
- Delayed Baggage compensation up to US$ 150
- Lost Baggage compensation up to US$ 500
Card Statements
Cardholders will receive a personalised monthly statement giving details of their Card transactions for their own records.
24-hour Customer Service
We are always within reach, regardless of where your business may take you and your staff. Our professional Customer Service Representatives are available for assistance around the clock (toll free within the UAE and call collect if outside the UAE).
Air Miles Reward Program
Air Miles is a loyalty program that rewards your business for your corporate spend. The benefits of the Air Miles are allocated to individual Cardholders. The Air Miles collected can be redeemed against a range of exciting rewards including air tickets, hotel accommodation, cruises, digital diaries and much more.
HSBC
