By: OurMoneyGuide || Last updated on: May 7, 2024

Paytm HDFC Bank Select Credit Card is a co-brand card launched by HDFC Bank, in partnership with Paytm, a leading digital wallet and e-commerce company. The card gives attractive rewards on various spends and purchases on Paytm. It also provides good rewards on select partners, and lifestyle benefits such as complimentary access to domestic airport lounges in India.


Pros & Cons of Paytm HDFC Bank Select Credit Card

Pros

  • Good card for Paytm users, you get good cashback on various Paytm spends
  • You also get higher cashback on select partners
  • Complimentary domestic airport lounge access – 2 per quarter

Cons

  • Not a good card for other major spending needs like shopping, travel, fuel etc. You need to consider other cards for these spending needs

Features & Benefits of the Paytm HDFC Bank Select Credit Card

5% cashback (upto ₹1500 per month) on select Paytm spends – prepaid charges || utility bill payments || travel || movies || mini app

You earn ₹5 cashpoints (worth ₹5 as cashback), on every ₹100 you spend in these categories. This benefit is valid on total spends upto ₹30,000 per month across these categories, since the maximum cashback at this earning rate is restricted to ₹1500 per month.

1 cashpoint = ₹1. Cashpoints can be redeemed as cashback against your card statement. All cashpoints for a particular month will be seen in your card statement in the first week of the subsequent month. You can redeem a maximum of 3000 CashPoints for cashback, per month.

You can also redeem your Cashpoints at a lower rate for flights & hotels on HDFC Smartbuy, airmiles, and products in the product catalogue. 1 Cashpoint = ₹0.30, if you redeem your Cashpoints on these options.

3% cashback (upto ₹500 per month) at select partners – Swiggy || AJIO || Big Basket || Uber

You earn ₹3 cashpoints (worth ₹3 as cashback), on every ₹100 you spend at these partners. This benefit is valid on total spends upto ₹16,660 per month across these partners, since the maximum cashback at this earning rate is restricted to ₹500 per month.

1 cashpoint = ₹1. Cashpoints can be redeemed as cashback against your card statement.

1% cashback (upto ₹2000 per month) on all other card spends

You earn ₹1 cashpoint (worth ₹1 as cashback), on every ₹100 you spend on all other card purchases. This benefit is valid on total spends upto ₹2 lakh per month, since the maximum cashback at this earning rate is restricted to ₹1000 per month.

Cashback is not applicable for wallet loads, fuel spends, EMI spends, rental spends and government spends. You can earn a maximum of 1000 reward points on grocery purchases.

Upto 1% additional benefit, at ₹50,000 quarterly card spend (milestone benefit)

You earn gift vouchers worth ₹500, on spending ₹50,000 or more each calendar quarter (only for non-EMI, non-wallet and non-rental card spends). You can choose between different kinds of gift vouchers – health & wellness, shopping, entertainment, food delivery, and more.

Complimentary domestic airport lounge access – 2 per quarter

You get free visits to airport lounges in India – 2 times per quarter. For list of lounges and more details, please click here.

Fuel surcharge waiver, upto ₹500 per month

You get 1% fuel surcharge waiver at all fuel stations. This benefit is valid only on fuel transactions between ₹400 and ₹5000, and only on fuel purchases upto ₹50000 per month, since the maximum waiver is limited to ₹500 per month.

Upto 10% cashback on a variety of categories and partners – through HDFC Smartbuy platform

HDFC Smartbuy is a platform which display’s HDFC Bank’s exclusive partnerships, with a variety of partners. You get 5% – 10% cashback on various categories and at various partners, please see details in the table below.

You get a a maximum cashback of ₹1000 per month. For example, if you shop only in the 5% shopping categories/partners, you shall get 5% cashback on total card purchases of ₹20,000 per month.


Applicable categories and partners
5% cashback on travel spends, through HDFC Smartbuy✓ Flight bookings
✓ Hotel bookings
✓ IRCTC train tickets
✓ Bus tickets, through RedBus
✓ MakeMyTrip holiday packages
5% cashback on gift voucher purchases, through HDFC SmartbuyGift vouchers usually include Amazon Pay, Flipkart, Amazon shopping and more.

There maybe individual limits on certain gift vouchers, and/or processing charges on certain gift vouchers, for example Amazon Pay vouchers. To see latest details, and a list of all gift vouchers available, please click here.
5% cashback at select partners, through HDFC Smartbuy✓ Myntra
✓ Jockey
✓ Apple Imagine Tresor
✓ Nykaa
✓ Zoom Car
10% cashback at select partners, through HDFC Smartbuy✓ Pharmeasy
✓ IGP.com
Please note that partners listed on HDFC Smartbuy platform could change from time to time. To see latest details of applicable partners, please click here.

HDFC 24/7 customer care

Your bank is always available, please click here for all the options to contact the bank.

Zero lost card liability

In the unfortunate event of you losing your HDFC Millennia Credit Card, report it immediately to the 24-hour call centre. After reporting the loss, you have zero liability on any fraudulent transactions made on your Credit Card.

Contactless payments

In India, contactless payments are allowed for a maximum of ₹5000 for a single transaction without requiring a credit card PIN. For transactions equal to or higher than ₹5000, the cardholder must input their credit card PIN for security reasons.

Paytm HDFC Bank Select Credit Card Fees and Charges

Annual fee & annual fee offers

Annual fee
Annual fee offers
1st year joining fee₹1,000Welcome offer :
– First year annual fee is not charged, if you spend ₹50,000 or more (non-EMI card spends) , within 90 days of card issuance.
– You also get complimentary Paytm First membership. Paytm First is a premium rewards & loyalty program for Paytm users. It offers exclusive benefits, over and above the regular offers.
Renewal fee from 2nd year onwards₹1,000Renewal fee offer : Annual fee is not charged from the 2nd year onwards if you spend ₹1.50 lakhs or more (non-EMI card spends), in the previous year

Hence the card is virtually free if you spend ₹1.50 lakh or more each year

Important Note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – HDFC Credit Card Charges

Eligibility Criteria

Although your credit card eligibility is based on multiple parameters which can be assessed once you apply for an HDFC Credit Card, there are certain basic criteria that all applicants must fulfil. 

Minimum age21 years
Maximum ageSalaried – 60 years
Self employed – 65 years
Minimum income requirementSalaried : ₹35,000
Self-employed : ₹6 lakhs per year
Credit scoreNot specified, a minimum credit score of 750 is generally preferred

Application Process

Step-by-step guide –

Online application process
The easiest way is to click here – APPLY NOW , you will be taken to the card application page on the HDFC Bank website. You can also visit official website of the bank and fill out the application form.

Steps :
– The bank’s website and mobile app offer a user-friendly interface that makes the application process quick and easy.
– To apply, simply provide your personal details, such as your mobile phone number, income, and PAN number, along with the required documents.
– Submit the required documents
Offline (face to face)  application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.
Whatsapp BankingYou can also apply for your card through HDFC Whatsapp Banking. Here are the steps to apply for an HDFC credit card through WhatsApp banking:

1. Save the Chat Banking number 7070022222 (HDFC Bank WhatsApp number) in your contacts
2. Send “Hi”
3. Choose the desired option OR simply type your query, for example – “Apply for Credit Card”
4. Apply and wait for further instructions or updates on your card application status.
Tracking your application status– Click here to track the status of your HDFC Bank Credit Card application.
– You can also check the status of your application through Chat with EVA. Simply ask the chatbot to help you track your credit card applications and follow its instructions.

Necessary documents –

Required documents
– PAN card copy
– Identity proof : PAN card , driving license, valid passport, voter ID (any one)
– Address proof : electricity bill, phone bill (not more than 2 months old), driving licence, passport, ration card, bank statement, passbook (not older than 3 months), voters ID, flat maintenance bill (not older than 2 months), rent agreement (any one)
– Income proof : latest salary slip/s, income tax return etc

You maybe required to provide additional documents, on a case-to-case basis.