Paytm Credit Card Offers, Eligibility, and Apply Online

Paytm Credit Card: Paytm is offering a Credit Card in partnership with the SBI Card and offering the two variants of Paytm Credit Card i.e. (1) Paytm SBI Card and (2) Paytm SBI Card SELECT. These Credit Cards are exclusively available for Paytm users. The Paytm app users can apply for these Paytm credit cards online.

There are two variants of the SBI Paytm Credit Card Available:

  1. Paytm SBI Card
  2. Paytm SBI Card SELECT

Paytm Credit Card Offers, Eligibility, and Apply Online

Features of SBI Paytm Credit Card

Paytm Credit Card is available with some exciting features as given below:

  • Exclusive Benefits up to Rs. 75000/- with a free Paytm First Membership
  • Up to 5% unlimited cashback on Paytm Mall, Movies, and Travel
  • 2% Cashback on Paytm App Spends
  • 1% Cashback on all other Spends
  • 4 Domestic Airport Lounge Visits every year (for Paytm Card SELECT users)
  • Cyber Fraud Insurance cover up ot Rs. 2 Lakhs
  • Easy to Manage the Spends, Lock/ Unlock Card, Convenient Card Reissue, Smart Spend Control, etc.
  • Features like Touch Free Payments, Online Payment, ATM Withdrawls, and International Payment.

Card Type-I: Paytm SBI Card Features

Annual Fees₹499
Welcome BenefitComplimentary Paytm First Membership worth ₹750 on the first settled transaction
Spends based Cashback Benefit Structure3% Cashback on all Travel, Movies, and Mall purchases through Paytm App
2% Cashback on all other purchases through Paytm App
1% Cashback everywhere else
Fuel1% Fuel Surcharge waiver
Fraud InsuranceComplimentary Cyber Fraud Insurance cover of ₹1,00,000
Milestone BenefitsComplimentary Paytm First Membership E-Voucher on renewal on achieving Annual Retail spend of ₹1,00,000

Terms and Conditions for the Paytm SBI Card

  • Annual fees will be applicable from year 1
  • Welcome benefit of Paytm First Membership is applicable on card activation. Cardholder will have to complete at least one settled transaction to be eligible for these Welcome benefits.
  • Welcome benefits of Paytm First Membership will be provided to cardholder within 15 working days from the date of settlement of first retail transaction
  • Cardholder shall earn Cashback (spends based Cashback Structure & Welcome Cashback) in the form of Gift Voucher which gets added to cardholder’s Paytm account balance.
  • Spends based Cashback is applicable on per ₹100 spent and shall be credited to Gift Voucher balance within 3 working days from the date of settlement of retail transaction
  • Cardholder will receive Milestone benefit related voucher within 60 days of card renewal date provided cardholder has achieved required Annual Retail spends
  • Cashback is not applicable for spends done for any wallet loads and fuel
  • 1% Fuel Surcharge waiver for each transaction between ₹500 and ₹3000. Maximum Surcharge waiver of ₹ 100 per statement cycle, per credit card account

Card Type-II: Paytm SBI Card SELECT Features

Annual Fees₹1,499
Welcome Benefit TypeComplimentary Paytm First Membership worth ₹750
₹750 Cashback
Annual Fee WaiverAnnual Fee reversal on achieving ₹200,000 Annual Retail spend
Spends based Cashback Benefit Structure5% Cashback on all Travel, Movies, and Mall purchases through Paytm App
2% Cashback on all other purchases through Paytm App
1% Cashback everywhere else
Fuel1% Fuel Surcharge Waiver
Fraud InsuranceComplimentary Cyber Fraud Insurance cover of ₹200,000
International Lounge ProgramComplimentary Priority Pass worth the US $99 for the first two years of cardholder membership
Domestic lounge ProgramComplimentary 4 Domestic Lounge visits (Restricted to 1 per quarter)
Milestone Benefits₹2,000 Gift Card on achieving Annual Retail spend of ₹4 Lakhs
₹4,000 Gift Card on achieving Annual Retail spend of ₹6 Lakhs

Terms and Conditions for the Paytm SBI Card SELECT

  • Annual fees will be applicable from year 1
  • Welcome benefits of Paytm First Membership & ₹750 Cashback are applicable on card activation. Cardholder will have to complete at least one settled transaction to be eligible for these welcome benefits.
  • Welcome benefits of Paytm First Membership and ₹750 Cashback will be provided to cardholder within 15 working days from the date of settlement of first retail transaction
  • Cardholder shall earn Cashback (spends based Cashback Structure & Welcome Cashback) in the form of Gift Voucher which gets added to cardholder’s Paytm account balance.
  • Spends based Cashback is applicable on per ₹100 spent and shall be credited to Gift Voucher balance within 3 working days from the date of settlement of retail transaction
  • Cashback is not applicable for spends done for any Wallet loads and Fuel
  • Cardholder will receive Milestone benefit related Voucher(s) within 60 days of achieving required Annual Retail spends
  • 1% Fuel Surcharge waiver for each transaction between ₹500 and ₹4000. Maximum Surcharge waiver of ₹250 per statement cycle, per credit card account.

How to apply for SBI Paytm Credit Card

Paytm is running an early access program, in which a limited number of users will be given exclusive access to apply for the Paytm SBI Credit Card every day. To get the early access program, users will have to submit a few details on the Paytm App.

Few selected Paytm users to get the link of early access through SMS, Email, etc on the Paytm App. The users who signed up for the early access program would join the waitlist. They can jump the waitlist slot positions by performing suggestive actions such as checking their Credit Score, Activating Paytm Postpaid, and making Payments through Paytm Postpaid.

The early access program will run for a couple of weeks till the waitlist slots are available.

Once the Early Access window closes, Paytm will start accepting complete applications from the waitlist users. The applicants can get the Paytm Credit Card in one week after that.

The eligible users can check the Paytm Credit Card Application Status, Paytm Credit Card SBI Offers, Eligibility, Fees, Limit, Launch Date, etc from the Paytm App.

Video on How to Apply for Paytm Credit Card

HDFC Paytm Credit Card

Paytm in partnership with the HDFC Bank has launched the three credit cards which are available to the selected users. If you are using the Paytm App, then you can check in the app whether you are served with the ad of HDFC Paytm Credit Card. If you can see the ad, then you can apply for the Paytm HDFC Credit Card. The three HDFC Paytm Credit Cards launched are given below.

  • Personal Credit Card
  • Digital Credit Card
  • Business Credit Card

Important Links

Paytm App Play Store Download Link (Android)Click Here
Paytm App Store Download Link (Apple)Click Here
Check Paytm Credit Card FeaturesClick Here
Paytm Official WebsiteClick Here

Frequently Asked Questions (FAQs)

How can I get Paytm Credit Card?

The Paytm Credit Card is available to selected users only. You can check by searching “Credit Card” in Paytm App and following the instructions there, whether you are eligible or not, and apply online if Eligible.

Is Paytm Credit Card Free?

Paytm Credit Card is free for the First Year and Chargeable after that. It may cost Rs. 499/- to Rs. 1499/- depending on the type of card you have.

What is the benefit of a Paytm Credit Card?

Paytm launched Credit Card in partnership with SBI and HDFC which gave the assured cashback on each transaction, and many other benefits.

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