Legend Add-on card for Business Expenses

[pradeepG]

Saw the Brochure of Indusind Legend card. on Page no 14 it says, as mentioned below.
Can anyone give further information and how it will work and other details ??


ADD-ON CARD FOR BUSINESS EXPENSES

IndusInd Bank offers you twice the power of a regular card. Track your business expenses separately and have a record segregating your business and personal expense

You can now apply for an additional card for your business expenses and your statement will show these expenses separatel

For your additional card, please call the 24-Hour Phone Banking Number at 1860 267 7777

 

[Tejo]

Saw the Brochure of Indusind Legend card. on Page no 14 it says, as mentioned below.
Can anyone give further information and how it will work and other details ??


ADD-ON CARD FOR BUSINESS EXPENSES

IndusInd Bank offers you twice the power of a regular card. Track your business expenses separately and have a record segregating your business and personal expense

You can now apply for an additional card for your business expenses and your statement will show these expenses separatel

For your additional card, please call the 24-Hour Phone Banking Number at 1860 267 7777

its just normal addon , just saying do business spends separately on addon, and track them.

 

[pradeepG]

its just normal addon , just saying do business spends separately on addon, and track them.

So, what happens to the Term from Terms & Condition that says >> This Card is for personal use, using it for Business/Commercial/Corporate Purposes will Result in Termination of the credit card membership.

Will using this add-on card for business transactions result in blocking of card under commercial purpose or no blocking will happen??

 

[pradeepG]

@TechnoFino @Abhishek012 @Chaitanya-a @Wealth is my birth right! @Batmanbaba @pprakash11 @anirban.choudhury

can anyone help?

 

[Tejo]

So, what happens to the Term from Terms & Condition that says >> This Card is for personal use, using it for Business/Commercial/Corporate Purposes will Result in Termination of the credit card membership.

Will using this add-on card for business transactions result in blocking of card under commercial purpose or no blocking will happen??

Axis,kotak and icici will block asap

Hdfc, sbi will leave

 

[pradeepG]

Axis,kotak and icici will block asap

Hdfc, sbi will leave

okay, and what about indusind.

 

[Tejo]

okay, and what about indusind.

I think it won't care at all.

 

[pradeepG]

I think it won't care at all.

rightly,

though not able to understand their procedure & terms.

On one hand they say dont use for business purpose, and on other hand they write *get addon card for business expenses* as a marketing point!! & some banks dont care for these transactions.