Is your Credit Score >750?
- Get low interest loans & Lifetime FREE credit cards
- Get customized Credit Health Report
- Improve your creditworthiness
Joining Fee
Nil
Annual Fee
Rs 500
Supplementary Fees
Nil
Currently not available! for similar products
Features
- Issued in partnership with SBI, HDFC, & CITI
- Paytm SBI Card, Paytm SBI Card SELECT, Paytm CITI Credit Card, Paytm HDFC Bank Credit Card
- Cashbacks of up to 5% on every transaction
- Exclusive membership benefits of up to Rs.75,000 towards Paytm First
- Complimentary Cyber Fraud Insurance
- Complimentary Airport Lounge Access across the country
- Exciting offers on shopping, travel & dining
- An annual fee of ₹500 is charged at the end of the membership year. This fee is waived off on spends of Rs. 50,000 or more on your Card in a membership year.
- 1% Fuel Surcharge waiver up to Rs.250
- Can apply for up to 4 free add-on cards
Pricing
- Annual Fees: Rs. 500 at the end of the membership year (Waiver on spends of Rs. 50,000 or more on your card in a membership year)
Paytm Credit Cards
Paytm Credit Cards are a new addition to the company’s product lineup and come with a host of features, benefits and eligibility criteria. The credit cards are available in partnership with SBI, HDFC and Citibank and offer attractive rewards and cashbacks for shopping, movies and travel. The cards are also accepted at a wide range of merchants across the country.With smart banking features and an easy-to-use mobile application, the Paytm Credit Cards allow customers to get the best possible shopping experience online and offline.
Paytm Credit Card users can also enjoy enhanced shopping privileges with their complimentary Paytm First membership. This exclusive membership gives access to up to Rs. 75,000 worth of joining benefits.
Paytm Credit Cards – Top Features
- Issued in partnership with SBI, HDFC, & CITI
- Paytm SBI Card, Paytm SBI Card SELECT, Paytm CITI Credit Card, Paytm HDFC Bank Credit Card
- Cashbacks of up to 5% on every transaction
- Exclusive membership benefits of up to Rs. 75,000 towards Paytm First
- Complimentary Cyber Fraud Insurance of up to Rs. 2 lakhs
- Complimentary Airport Lounge Access across the country
- Exciting offers on shopping, travel & dining
- Zero Annual Fee
- 1% Fuel Surcharge waiver up to Rs. 250
Product Features & Rewards of Paytm SBI Card
| Annual Fees | Rs.499 |
| Welcome Benefit | Complimentary Paytm First Membership worth Rs.750 on first settled transaction |
| Cashback Benefits (Based on spends) | 1. 3% Cashback on all Travel, Movies and Mall purchases through Paytm App 2. 2% Cashback on all other purchases through Paytm App 3. 1% Cashback everywhere else |
| Fuel Purchase Offers | 1% Fuel Surcharge waiver |
| Cyber Fraud Insurance | Complimentary Cyber Fraud Insurance cover of Rs.1,00,000 |
| Benefits On Achieving Certain Milestones | Complimentary Paytm First Membership E-Voucher on renewal on achieving Annual Retail spend of Rs. 1,00,000 |
Product Features & Rewards For Paytm SBI Card SELECT
| Annual Fees | Rs. 1,499 |
| Welcome Benefit Type | 1. Complimentary Paytm First Membership worth Rs.750 2. Rs.750 Cashback |
| Annual Fee Waiver | Annual Fee reversal on achieving Rs.200,000 Annual Retail spend |
| Cashback Benefits (Based on spends) | 1. 5% Cashback on all Travel, Movies and Mall purchases through Paytm App 2. 2% Cashback on all other purchases through Paytm App 3. 1% Cashback everywhere else |
| Fuel | 1% Fuel Surcharge Waiver |
| Fraud Insurance | Complimentary Cyber Fraud Insurance cover of Rs. 200,000 |
| International Lounge Program | Complimentary Priority Pass worth US $99 for first two years of cardholder membership |
| Domestic lounge Program | Complimentary 4 Domestic Lounge visits (Restricted to 1 per quarter) |
| Benefits Upon Reaching Certain Milestones | 1. Rs. 2,000 Gift Card on achieving Annual Retail spend of Rs. 4 Lakhs 2. Rs. 4,000 Gift Card on achieving Annual Retail spend of Rs. 6 Lakhs |
Paytm HDFC Credit Card
The Paytm HDFC Bank Credit Card offers Unlimited Cashback on purchases made for necessities, retail purchases, entertainment, travel, and other expenses.
| Annual Fees | Rs.1000 + GST The annual fee shall be levied only if the card is not activated within 90 days of card issuance, or if the minimum threshold of Rs. 50,000 is not achieved. Renewal fees are also waived on annual expenditures of Rs. 150,000. |
| Welcome Benefit Type | Complimentary Paytm First Membership worth Rs.75000 |
| Monthly Fees | Monthly fees of Rs.49 waived off upon Rs.5000 spends every month |
| Cashback Benefits (Based on spends) | 1. 3% Cashback on all Travel, Movies and Paytm Mall purchases through Paytm App 2. 2% Cashback on all other purchases through Paytm App 3. 1% Cashback on all other retail spends 4. 5% cashback on shopping, dining, travel & hotel bookings with Smartbuy & Payzapp |
| Fuel | 1% Fuel Surcharge Waiver up to Rs.250 |
| Fraud Insurance | Free Lost Card Liability up to Rs. 5 lakhs |
| Domestic lounge Program | 8 domestic lounge access in a year |
| Benefits Upon Reaching Certain Milestones | 1. Spend Rs. 10,000 every month & earn 1% Cashback over and above accelerated Cashback. 2. Rs. 500 Gift Card upon spending Rs. 50,000 every quarter 3. 1% Cashback upon spending Rs.10,000 every month |
| Dining Benefits | Up to 20% discount when used to pay dining bills through Dineout app |
Citibank Paytm Credit Card
Combining the reputation of Citibank and the customer-centric service mentality of Paytm, Citi Paytm Credit cards offer enhanced customer experience to its users. With attractive joining benefits and extended cashbacks on every transaction, this credit card aims at making your financial management a breeze.
| Joining Fees | Rs.499 + Taxes |
| Annual Fees | Rs.499 + Taxes Annual fee & joining fees waived off upon spending Rs.1 lakh or more in the first year |
| Welcome Benefit Type | 1. Offer applicable up to 30th September, 2022 2. Get Rs.300 cashback for spending between Rs.2500-Rs.3000 within 30 days of card issuance 3. Additional cashback of Rs.200 for spending more than Rs.3000 within 30 days of card issuance |
| Cashback Benefits (Based on spends) | 1. 5% cashback on spends done on Paytm Mall 2. 2% cashback on spending at Paytm Flights 3. 3% cashback on all other retail spends 4. 1% cashback on all other spends |
| Fuel | Fuel Surcharge waive at select IOC pumps |
| Other Benefits | Receive specially designed offers for you on dining, travel & lifestyle |
Verdict
Overall, the Paytm Credit Cards are a great addition to the company’s product lineup and offer customers a host of benefits and privileges. With their wide acceptability, attractive rewards and cashbacks, and smart banking features, the cards are sure to be a hit with customers.
FAQs of Paytm Credit Cards:
1. What are the eligibility criteria for the Paytm Credit Cards?
You should be at least 18 years old, and have a minimum income of Rs.3 lakhs per annum. A
credit score of 750 to 900 will be considered ideal.2. Where do I apply for the Paytm Credit Cards?
You can apply for the cards either through the Paytm App, or through the bank's website.
3. Is there an annual fee or joining fee to get Paytm credit card?
Yes, there is a nominal joining fee on Paytm credit cards. But you can get them waived off by spending a certain amount on your Paytm credit card within 30 days of card issuance. Check individual card features on this aspect.
4. What is Paytm First Membership?
Paytm First is a premium rewards and loyalty program for Paytm users. It provides exclusive benefits in addition to the regular offers. Paytm First members will receive numerous exclusive benefits from leading partnered brands. Your Paytm First membership will be activated within 15 working days if you make at least one transaction of Rs. 100 within one year of receiving your card.
5. What exactly are fuel surcharge waiver fees?
Fuel surcharge waiver fees imply that you do not have to pay the surcharge fees when using the card to purchase gasoline or diesel. The customer receives a 1% fuel surcharge waiver between Rs. 400 and Rs. 2000, with a maximum of Rs. 250 per statement.