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Paytm Credit Cards are credit cards offered by Paytm, a digital wallet and e-commerce company based in India. Paytm has partnered with HDFC Bank and SBI, and issues the below credit cards –

  • Paytm HDFC Bank Credit Card
  • Paytm SBI Card
  • Paytm SBI Card Select

The first 2 cards are entry level Paytm credit cards, while the 3rd is a higher end card. These cards are best for various spends and purchases on Paytm. They also provide a host of other benefits. These are especially great cards for Paytm users.

HDFC Paytm Credit Card

Brief Overview

3% cashback on below Paytm spends
– Prepaid recharges
– Utility bill payments (water
– Movie tickets
– Mini App
You earn 3 cashpoints worth ₹3, on every ₹100 you spend on Paytm transactions listed below – only on spends upto ₹16666 per month (since maximum cashback is  ₹500 per month) –
 Prepaid recharges
Utility bill payments : water, electricity, gas, internet & wifi, satellite TV
Movie tickets
Mini App

1 cashpoint = ₹1. Cashpoints can be redeemed as cashback against your card statement.
2% cashback on all other Paytm spendsYou earn ₹2 for every ₹100 you spend using your card,  on all other Paytm transactions (on spends upto ₹25,000 per month , since maximum cashback is  ₹500 per month)
1% cashback on all other spendsYou earn ₹1 for every ₹100 you spend using your card, on all other retail transactions (on spends upto ₹1,00,000 per month , since maximum cashback is  ₹1,000 per month)

Exceptions – Cashback is not given on wallet loads, fuel spends, EMI spends, rental spends and government spends.
Milestone Benefit : Additional benefit of upto 1% , on achieving monthly card spend target of ₹10,000You earn ₹100 upon spending  ₹10,000 or more each month (only for non-EMI, non-wallet and non-rental card spends).
₹500  annual feeAnnual Fee Offers –
Welcome benefits :
The First Year Fee is waived, if you spend ₹30,000 or more (excluding EMI transactions) , within 90 days of card issuance.
You get a complimentary Paytm First Membership : on activation of the card, and a minimum of one transaction of ₹100 within one year of card issuance.

– Renewal fee waiver at ₹50,000 spend per year : Zero renewal fee is charged if you spend ₹50,000 or more in the previous year
1% fuel surcharge waiver1% fuel surcharge waiver at all fuel stations –
– Only on fuel transactions between ₹400 and ₹5,000, and
– Only on fuel purchases upto ₹25000 per month, since the maximum waiver is limited to ₹250 per month

Pros and Cons of HDFC Paytm Card

Pros
  • It is a good card for Paytm users – since you get 2-3% cashback on a variety of spends , and also upto 1% more if you achieve the monthly milestone target of ₹10,000
  • Though the target for first year fee waiver (₹30,000 spend in 3 months) could have been lower, you also get complimentary Paytm First membership whose value is more than the first year annual fee of the card.
  • If you spend ₹50,000 spend per year (which is not very high), the card is virtually free – hence it is a good beginner card
Cons
  • The cashback on non-Paytm purchases is quite low (1%) , so it is not a very good card for non-Paytm users
  • It is not a good card for people who prefer in-store shopping, and do not like online shopping

Comparison With Other Paytm Credit Cards

Features
HDFC Paytm Card
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Paytm SBI Card
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Paytm SBI Card SELECT
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Cashback Rates 1% – 3%

1% – 3%

3% – 5%

Other benefits Fuel Surcharge WaiverFuel Surcharge WaiverFuel Surcharge Waiver
Annual Fee ₹500 + Applicable Taxes

₹499

₹1499

Annual Fee Offers Annual Fee Reversal on meeting ₹50,000 spends

Nil

Annual Fee Reversal on meeting ₹2,00,000 spends

Minimum IncomeNot SpecifiedNot SpecifiedNot Specified

A Detailed Review of the HDFC Paytm Card

HDFC Paytm Credit Card

Features & Benefits of the HDFC Paytm Card

3% cashback on below Paytm spends – Prepaid recharges || Utility bill payments || Movie tickets || Mini App

Earning & Redeeming Reward Points

  • You earn ₹3 CashPoints on every ₹100 you spend on below Paytm spends –
    • Prepaid recharges
    • Utility bill payments : water, electricity, gas, internet & wifi, satellite TV
    • Movie tickets
    • Mini App
  • You earn ₹3 on every ₹100 you spend (since 1 CashPoint = ₹1)

Limits on cashback

  • You will get 3% cashback on spends upto ₹16,666 per month (since maximum cashback is  ₹500 per month)

Other important points

  • CashPoints are posted on your credit card account (and are available for redemption) in the first week of every month, for all transactions settled in the previous month
  • CashPoints can be redeemed against your credit card statement balance – through Net Banking, Phone Banking or physical redemption form.
  • The minimum CashPoint balance required for redemption is 500 CashPoints.
  • CashPoints are valid for 2 years.
2% cashback on all other Paytm spends
  • You earn 2 CashPoints on every ₹100 you spend
  • You earn ₹2 on every ₹100 you spend (since 1 CashPoint = ₹1)

Limits on cashback

  • You will get 2% cashback on spends upto ₹25,000 per month (since maximum cashback is  ₹500 per month)

Process for redeeming cashback, and other important points are the same as explained in the above section

1% cashback on all other spends

Earning & Redeeming Reward Points 

  • You earn 1 CashPoints on every ₹100 you spend
  • You earn ₹1 on every ₹100 you spend (since 1 CashPoint = ₹1)
  • You will get 1% cashback on spends upto ₹1,00,000 per month (since maximum cashback is  ₹1,000 per month)00 per month)

Limits on cashback

  • You will get 1% cashback on spends upto ₹1,00,000 per month (since maximum cashback is  ₹1,000 per month)00 per month)

Process for redeeming cashback, and other important points are the same as explained in the above section

HDFC Paytm Credit Card Fees and Charges

Annual FeesOffer
1st year annual fees₹ 500 + GSTWelcome benefits :

– The First Year Fee is waived if you spend ₹30,000 or more (excluding EMI transactions) , within 90 days of card issuance.
– You get a Paytm First Membership : on activation of the card, and a minimum of one transaction of ₹100 within one year of card issuance.
Annual fees from 2nd year onwards₹ 500 + GSTRenewal fee waiver at ₹50,000 spend per year: Renewal fee is not charged if you spend ₹50,000 or more (Non-EMI spends) in the previous year

Hence the card is virtually lifetime free if you spend ₹50,000 or more each year

Late payment fees : Late payment fees depends on the total payment due

Amount DueLate Fees
Less than ₹100NIL
₹101 to ₹500₹100
₹501 to ₹5,000₹500
₹5,001 to ₹10,000₹600
₹10,001 to ₹25,000₹800
₹25001 to ₹50000₹1100
Over ₹50000₹1300

Eligibility Criteria

Minimum Age18 years
Maximum Age70 years
OccupationSalaried, self-employed
Income RequirementsNot specified
Credit ScorePreferably 700-750
Residential StatusThe individual should be a Resident of India or an NRI

Note: The eligibility criteria mentioned above are general guidelines for credit card applications. The specific requirements and documentation may vary depending on the bank’s policies and additional factors. It is advisable to check with the respective bank.

Necessary documents and verification

Required Documents 
Income documents

Pan Card copy/Letter from IT dept

Identity Proof:
– Pan Card (back & front)
– Driving License (copy of name, add, photo pages)
– Valid Passport(copy of name,add,photo pages)
– Voter ID(back & front)
– Mapin card copy

Address Proof:
– Electricity Bill, Phone Bill (not more than 2 months old)
– Driving Licence
– Passport, Visa
– Ration Card
– Bank stat, Passbook( not>3 months)
– Voters ID
– Flat maintenance Bill(Not>2 months)
– Rent Agreement

Other Benefits for Cardholders

Dining BenefitsThe program is a collaboration between HDFC Bank & Dineout

Upto 20% discount on restaurant bill payments at over 20,000 restaurants.
1% Fuel Surcharge WaiverApplicable fuel stations and brands: Fuel surcharge waiver applies to all petrol stations.

Monthly Limits on waiver benefits :
– The waiver is given only if you spend a minimum of ₹400 and a maximum of ₹5000 on a fuel purchase
– The waiver is given upto a maximum of ₹25,000 in fuel expenditures per monthly card billing cycle (since the maximum waiver is ₹250 per month)
– You need to meet both the above criteria to qualify for the fuel surcharge waiver
24/7 customer supportYour bank is always available; please click here for all the options to contact the bank.
Security FeaturesChip and PIN technology – security for offline transactions
– In the past, credit cards typically used a magnetic stripe located on the back of the card to store and transact data.
– However, the latest generation of credit cards includes a CHIP and PIN feature, which provides enhanced security.
– Only you know your PIN, so even if your card is lost, it is unlikely to be misused since BOTH the physical card and the PIN must be spent on the card.

Two-factor authentication – security for online transactions
– When making an online transaction, you approve your online transaction by using a One-time Password (OTP) you get on your mobile phone.
– Since only you know the OTP, the card is unlikely to be misused unless someone has access to BOTH your card details AND your mobile phone.
– This ensures a safe online purchase experience.

SMS alerts and notifications – for both offline and online transactions
– For your peace of mind, you get free SMS alerts and notifications for all your credit card transactions.
– Hence you will know about all transactions on your card. In the unlikely scenario of misusing your card, you would still get these alerts and notifications – which will help you immediately block your credit card.
Contactless PaymentLook for the contactless network symbol on your card to determine if your credit card is contactless.

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.
Zero Lost card liabilityIn the unfortunate event of you losing your HDFC Paytm Bank Credit Card, report it immediately to HDFC’s 24-hour call centre. After reporting the loss, you have zero liability on any fraudulent transactions made on your Credit Card.
Interest Free Credit PeriodUp to 50 days of interest free period on your HDFC Paytm Bank Credit Card from the date of purchase (subject to the submission of the charge by the Merchant)

Application Process

Step-by-step guide to applying for the card
Online Application processYou can visit the official website of the bank and fill out the application form –

– 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
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 credit card through HDFC Whatsapp Banking. Here are the steps to apply for an HDFC Paytm credit card through WhatsApp banking:

– Save the Chat Banking number 7070022222 in your contacts.
– Even if you are not an HDFC Bank customer you can send “Hi” or simply type your query – ‘Apply for Credit Card’
– Provide the necessary information and follow the instructions provided by the Chat Banking service.
– Apply and wait for further instructions or updates on your credit card application status.
Approval timeline and processIn most cases, the credit card decision would be communicated within 21 working days.

In certain cases, it could take longer, especially if the bank wants more information and documents from you.
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.

Paytm SBI Credit Card

Brief Overview

3% cashback on below Paytm spends
– Travel
– Mall
– Movie tickets
You earn ₹3 on every ₹100 you spend using your card,  on Paytm transactions listed below (no limit on cashback)

– Travel (flights, train & bus) tickets on Paytm
– Shopping on Paytm Mall
– Movie tickets on Paytm
2% cashback on all other Paytm spendsYou earn ₹2 for every ₹100 you spend using your card,  on all other Paytm transactions (including many kinds of bill payments and other services)
1% cashback on all other spendsYou earn ₹1 for every ₹100 you spend using your card,  on all other transactions (no limit on cashback)
₹500  + GST Annual FeeAnnual Fee Offers –

Welcome benefits :
You get a Paytm First Membership worth more than the annual fee of the card – when you do your first transaction on the card

Renewal fee offer :
You get an e-Voucher to renew your Paytm First Membership , if you spend ₹1,00,000 or more in the previous year
Cyber Fraud InsuranceYou get an extra layer of protection against cyber fraud – through Cyber Fraud Insurance cover of ₹2,00,000.
1% Fuel surcharge waiverFuel surcharge waiver at ALL fuel stations –

– On ALL fuel transactions ranging from ₹500 – ₹3,000 AND
– On fuel purchases upto ₹10,000 per month, since the maximum waiver is ₹100 per month.

Pros and Cons of Paytm SBI Credit Card

Pros
  • It is a good card for Paytm users – since you get 2-3% cashback on a variety of spends
  • You get free Paytm First membership (whose value is more than the annual fee of the card) as a welcome gift.
  • You also get free Paytm First membership from the second year onwards if you spend a minimum of ₹1,00,000 in the previous year.
  • Hence the card is virtually free if you spend a minimum of ₹1,00,000 in the previous year.
  • You get an additional layer of security with a Cyber Fraud Insurance cover of ₹2,00,000. This insurance protects against potential financial losses resulting from cyber fraud incidents, offering peace of mind.
Cons
  • The cashback on non-Paytm purchases is quite low (1%) , so it is not a very good card for non-Paytm users
  • It is not a good card for people who prefer in-store shopping, and do not like online shopping

A Detailed Review of the Paytm SBI Credit Card

Paytm SBI Credit Card

Features & Benefits of the Paytm SBI Credit Card

3% cashback on below Paytm spends – Travel || Paytm Mall || Movies

Earning & Redeeming Reward Points

  • You earn ₹3 on every ₹100 you spend. This ₹3 is given to you in the form of Paytm gift vouchers, into your wallet on Paytm
  • You earn gift vouchers on minimum transaction size of ₹100

Limits on cashback – there is no limit on earning cashback Other important points

  • QR-based transactions fall under the 1% cashback category
  • Cashback is not applicable for Wallet Load or fuel spends.
  • Gift Vouchers are valid for upto 10 years.
  • Cashback is subject to Paytm Gift Voucher Terms and Conditions.
1% Cashback on All Other Spends

Earning & Redeeming Reward Points

  • You earn ₹1 on every ₹100 you spend
  • You earn gift vouchers on minimum transaction size of ₹100

Limits on cashback – there is no limit on earning cashback

Other important points are the same as given in the above section

Important Fees & Charges

Annual and joining fees

Annual FeesOffers
1st Year Joining fees₹499Welcome benefits : You get a Paytm First Membership worth more than the annual fee of the card – when you do your first transaction on the card
Renewal Fees from 2nd year onwards₹499Renewal fee offer : You get an e-Voucher to renew your Paytm First Membership , if you spend  ₹1,00,000 or more in the previous year

Late payment fees : please see below table

Pending card statement amountLate Fees
₹ 0 to ₹500NIL
₹500 to ₹1000₹400
₹1,000 to ₹10,000₹750
₹10,001 to ₹25,000₹950
₹25000 to ₹50000₹1100
Over ₹50000₹1300

Note: Missing payment of the Minimum Amount Due on the SBI Credit Card will result in an additional Late Payment Charge of ₹100.

Foreign currency markup fee : 3.5% of the transaction value.

Finance charges : 3.65% per month (43.8% p.a.)

Eligibility Criteria

Minimum Age21 Years
Maximum Age70 Years
OccupationSalaried or Self-Employed
ResidencyThe individual should be a Resident of India or an NRI
Other CriteriaRegular source of Income, Good credit score, etc.

Note: The eligibility criteria mentioned above are general guidelines for credit card applications. The specific requirements and documentation may vary depending on the bank’s policies and additional factors. It is advisable to check with the respective bank.

Application Process

Step-by-step guide to applying for the card
Online Application processClick Apply Now on SBI Card website

Fill out the Online Application form – personal details, mobile phone number, income, Aadhar / PAN number, and the required documents.

Click ‘Submit’, and you will receive an instant decision on the application basis the information provided.

If your application is approved, you will receive a call from the SBI Card team for verification.

Post necessary verification, the card is issued to you.
Offline (face to face)  Application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.
Approval timeline and processOnce your credit card application is approved, you will receive your physical credit card in approximately 15 working days

In addition to this, SBI Card team will send an SMS on your Registered Mobile Number with a link to generate your E-card. With this E-card you can view your credit card details digitally, even before your physical card reaches you, and start shopping online instantly.
Tracking your Application

You can track the status of your application in – Track Application section.

You can see this on the Home page or on the Eapply page, i.e. Online Application page (Towards the bottom of the page):
STEPS :

Enter the Application no./ Reference no. you would have received when applying for a card.

Click on the Track button to check the status of your SBI Card application

Necessary documents and verification

Required Documents 
PAN Card

Copy of Aadhaar Card (with first eight digits masked) or any valid government address proof

Income documents – Salary Slip, Income tax return etc., may be required depending upon the credit card eligibility & policy.

Other Cardholder Benefits

Cyber Fraud InsurancePaytm SBI Credit Card SELECT offers Cyber Fraud Insurance cover of ₹2,00,000.

The Cyber Fraud Insurance provides an extra layer of protection against potential financial losses resulting from cyber fraud incidents.

Click here for Terms & Conditions.
1% Fuel Surcharge WaiverApplicable fuel stations and brands: Fuel surcharge waiver applies to all petrol stations.

Monthly Limits on waiver benefits :
– The waiver is given only if you spend a minimum of ₹400 and a maximum of ₹5000 on a fuel purchase
– The waiver is given upto a maximum of ₹25,000 in fuel expenditures per monthly card billing cycle (since the maximum waiver is ₹250 per month)
– You need to meet both the above criteria to qualify for the fuel surcharge waiver
24/7 customer supportPlease click here for all the options to contact the bank for various issues and escalations –

– Lost and Stolen cards : you can block on your mobile app or internet banking OR through SMS option OR by calling customer care
– Complaints and Grievances : including steps on how to escalate to higher levels in case your issue is not resolved
– Raise and manage disputes
– Contact information : Phone numbers , email option
Security FeaturesChip and PIN technology – security for offline payments.
– In the past, credit cards typically used a magnetic stripe located on the back of the card to store and transact data.
– However, the latest generation of credit cards includes a CHIP and PIN feature, which provides enhanced security
– Only you know your PIN, so even your card is lost it is unlikely to be misused since BOTH the physical card and the PIN is required to spend on the card

Two-factor authentication – security for online transactions
– When making an online transaction, you approve your online transaction through using a One-time Password (OTP) which you get on your mobile phone.
– Since only you know the OTP, the card is unlikely to be misused unless someone has access to BOTH your card details AND your mobile phone.
– This ensures a safe online purchase experience.

SMS alerts and notifications – for both offline and online transactions
– For your peace of mind, you get free SMS alerts and notifications for all your credit card transactions.
– Hence you will know about all transactions on your card. In the unlikely scenario of your card being misused, you would still get these alerts and notifications – which will help you to immediately block your credit card.

Paytm SBI Credit Card SELECT

Brief Overview

5% cashback on below Paytm spends

– Travel

– Mall

– Movie tickets
You earn ₹5 on every ₹100 you spend using your card,  on Paytm transactions listed below (no limit on cashback)

– Travel (flights, train & bus) tickets on Paytm

– Shopping on Paytm Mall

– Movie tickets on Paytm
2% cashback on all other Paytm spendsYou earn ₹2 for every ₹100 you spend using your card,  on all other Paytm transaction (no limit on cashback)
1% cashback on all other spendsYou earn ₹1 for every ₹100 you spend using your card,  on all other transactions (no limit on cashback)
Milestone Benefits – Additional benefit of upto 0.50%-0.66% on achieving yearly spend targetsYou earn ₹2000 (in gift vouchers) – on achieving spends of ₹4 Lakh in a year on your card

You earn ₹4000 (in gift vouchers) – on achieving spends of ₹6 Lakh in a year on your card

You can choose between gift vouchers of Hush Puppies/Bata OR Pantaloons
1 free visit every quarter – to Airport Lounges in IndiaFor list of lounges please click here
Free  Priority Pass membership worth US $99You get free  Priority Pass membership for first 2 years

Priority Pass membership gets you free international lounge access around the world.

While the Priority Pass membership is free, you need to pay for each visit to the lounge (US $27 per visit)
₹1,499  + GST Annual FeeAnnual Fee Offers –

Welcome benefits :

You get a Paytm First Membership – when you do your first transaction on the card

You also receive ₹750 as cashback directly in your Paytm Wallet.

Renewal fee offer :

Renewal fee is not charged from second year onwards, if you spend ₹2,00,000 or more in the previous year.

You get an e-Voucher to renew your Paytm First Membership , if you spend  ₹1,00,000 or more in the previous year
Cyber Fraud InsuranceYou get an extra layer of protection against cyber fraud – through Cyber Fraud Insurance cover of ₹2,00,000.
1% Fuel surcharge waiver1% Fuel surcharge waiver at ALL fuel stations –

– On ALL fuel transactions ranging from ₹400 – ₹5,000

– On fuel purchases upto ₹25,000 per month, since the maximum waiver is ₹250 per month.

Pros and Cons of  Paytm SBI Credit Card SELECT

Pros
  • It is a good card for Paytm users – since you get upto 5% cashback on a variety of spends, plus milestone related benefits
  • You get free Paytm First membership, and another ₹750 as a welcome gift.
  • You also get free Paytm First membership from the second year onwards if you spend a minimum of ₹1,00,000 in the previous year.
  • Renewal fee is not charged if you spend ₹2,00,000 or more in the previous year
  • Hence the card has good annual fee related offers.
  • You get an additional layer of security with a Cyber Fraud Insurance cover of ₹2,00,000. This insurance protects against potential financial losses resulting from cyber fraud incidents, offering peace of mind.
  • Good airport lounge benefits
Cons
  • The cashback on non-Paytm purchases is quite low (1%) , so it is not a very good card for non-Paytm users
  • It is not a good card for people who prefer in-store shopping, and do not like online shopping

A Detailed Review of the  Paytm SBI Credit Card SELECT

Paytm SBI Credit Card SELECT

Features & Benefits of the Paytm SBI Credit Card SELECT

5% cashback on select Paytm spends – Travel || Paytm Mall || Movies

Earning & Redeeming Cashback

  • You earn ₹5 on every ₹100 you spend. This ₹5 is given to you in the form of Paytm gift vouchers, into your wallet
  • You earn gift vouchers on minimum transaction size of ₹100

Limits on cashback – there is no limit on earning cashback Other important points

  • QR-based transactions fall under the 1% cashback category
  • Cashback is not applicable for Wallet Load or fuel spends.
  • Gift Vouchers are valid for 10 years.
  • Cashback is subject to Paytm Gift Voucher Terms and Conditions.
2% Cashback on All Other Paytm Spends

Earning & Redeeming Cashback

  • You earn ₹2 on every ₹100 you spend. This ₹2 is given to you in the form of Paytm gift vouchers, into your Paytm wallet
  • You earn gift vouchers on minimum transaction size of ₹100

Limits on cashback – there is no limit on earning cashback

Other important points are the same as given in the above section

1% Cashback on All Other Spends

Earning & Redeeming Cashback

  • You earn ₹1 on every ₹100 you spend
  • You earn gift vouchers on minimum transaction size of ₹100

Limits on cashback – there is no limit on earning cashback

Other important points are the same as given in the above section

Card Fees and Charges

Annual and joining fees

Annual FeesOffers
1st year annual fees₹1,499Welcome benefits :
– You get a Paytm First Membership – when you do your first transaction on the card
– You also receive ₹750 as cashback directly in your Paytm Wallet.
Renewal Fees from 2nd year onwards₹1,499Renewal fee offer :
– Renewal fee is not charged from second year onwards, if you spend ₹2,00,000 or more in the previous year.
– You get an e-Voucher to renew your Paytm First Membership , if you spend  ₹1,00,000 or more in the previous year

Late payment fees : please see below table

Pending card statement amountLate Fees
₹0 to ₹500NIL
₹500 to ₹1000₹400
₹1,000 to ₹10,000₹750
₹10,001 to ₹25,000₹950
₹25000 to ₹50000₹1100
Over ₹50000₹1300

Note: Missing payment of the Minimum Amount Due on the SBI Credit Card SELECT will result in an additional Late Payment Charge of ₹100.

Foreign currency markup fee : 3.5% of the transaction value.

Finance charges : 3.5% per month (42% p.a.)

Eligibility Criteria

Minimum Age21 Years
Maximum Age70 Years
OccupationSalaried or Self-Employed
ResidencyThe individual should be a Resident of India or an NRI
Other CriteriaRegular source of Income, Good credit score, etc.

Note: The eligibility criteria mentioned above are general guidelines for credit card applications. The specific requirements and documentation may vary depending on the bank’s policies and additional factors. It is advisable to check with the respective bank.

Application Process

Step-by-step guide to applying for the card
Online Application processClick Apply Now on SBI Card website

Fill out the Online Application form – personal details, mobile phone number, income, Aadhar / PAN number, and the required documents.

Click ‘Submit’, and you will receive an instant decision on the application basis the information provided.

If your application is approved, you will receive a call from the SBI Card team for verification.

Post necessary verification, the card is issued to you.
Offline (face to face)  Application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.
Approval timeline and processOnce your credit card application is approved, you will receive your physical credit card in approximately 15 working days

In addition to this, SBI Card team will send an SMS on your Registered Mobile Number with a link to generate your E-card. With this E-card you can view your credit card details digitally, even before your physical card reaches you, and start shopping online instantly.
Tracking your Application

You can track the status of your application in – Track Application section.

You can see this on the Home page or on the Eapply page, i.e. Online Application page (Towards the bottom of the page):
STEPS :

Enter the Application no./ Reference no. you would have received when applying for a card.

Click on the Track button to check the status of your SBI Card application

Necessary documents and verification

Required Documents 
PAN Card

Copy of Aadhaar Card (with first eight digits masked) or any valid government address proof

Income documents – Salary Slip, Income tax return etc., may be required depending upon the credit card eligibility & policy.

In addition to these, you may be asked to provide additional documents. Please click here for full details https://www.sbicard.com/en/eapply.page

Other Cardholder Benefits

Cyber Fraud InsurancePaytm SBI Card SELECT offers Cyber Fraud Insurance cover of ₹2,00,000.

The Cyber Fraud Insurance provides an extra layer of protection against potential financial losses resulting from cyber fraud incidents.

Click here for Terms & Conditions.
Milestone BenefitsBy achieving retail spends of ₹4 Lakh in a year, cardholders can earn ₹2000 in gift vouchers as a milestone benefit.

Cardholders who achieve retail spends of ₹6 Lakh in a year can earn ₹4000 in gift vouchers, further increasing their rewards.

Click here for Terms & Conditions.
1% Fuel Surcharge WaiverApplicable fuel stations and brands: Fuel surcharge waiver applies to all petrol stations.

Monthly Limits on waiver benefits :

– The waiver is given only if you spend a minimum of ₹400 and a maximum of ₹5000 on a fuel purchase

– The waiver is given upto a maximum of ₹25,000 in fuel expenditures per monthly card billing cycle (since the maximum waiver is ₹250 per month)

– You need to meet both the above criteria to qualify for the fuel surcharge waiver
24/7 customer supportPlease click here for all the options to contact the bank for various issues and escalations –

– Lost and Stolen cards : you can block on your mobile app or internet banking OR through SMS option OR by calling customer care

– Complaints and Grievances : including steps on how to escalate to higher levels in case your issue is not resolved

– Raise and manage disputes

– Contact information : Phone numbers , email option
Security FeaturesChip and PIN technology – security for offline payments.
– In the past, credit cards typically used a magnetic stripe located on the back of the card to store and transact data.
– However, the latest generation of credit cards includes a CHIP and PIN feature, which provides enhanced security
– Only you know your PIN, so even your card is lost it is unlikely to be misused since BOTH the physical card and the PIN is required to spend on the card

Two-factor authentication – security for online transactions
– When making an online transaction, you approve your online transaction through using a One-time Password (OTP) which you get on your mobile phone.
– Since only you know the OTP, the card is unlikely to be misused unless someone has access to BOTH your card details AND your mobile phone.
– This ensures a safe online purchase experience.

SMS alerts and notifications – for both offline and online transactions
– For your peace of mind, you get free SMS alerts and notifications for all your credit card transactions.
– Hence you will know about all transactions on your card. In the unlikely scenario of your card being misused, you would still get these alerts and notifications – which will help you to immediately block your credit card.

Conclusion

In conclusion, Paytm Credit Cards are a great choice for Paytm users. Users can select the entry level Paytm cards (Paytm HDFC Bank Credit Card & Paytm SBI Card) , OR they can choose the higher end Paytm card – Paytm SBI Card Select, based on their profile and spending pattern.  It is advisable that you carefully review each card’s features, fees, and eligibility criteria to determine which one best suits your needs.

Apply Now

on Paytm secure site

FAQs

How can I apply for a Paytm Credit Card?

You can apply for a Paytm Credit Card by visiting the Paytm website or mobile app, and logging into your account to check offer eligibility.

What are the benefits of having a Paytm Credit Card?

With a Paytm Credit Card, you enjoy special cashback rewards on Paytm on a variety of spends & purchases. You also enjoy other benefits like milestone rewards, airport lounge access, fuel surcharge waivers on fuel purchases at petrol pumps, welcome bonuses etc.

How can I track my Paytm Credit Card transactions?

Log into your card account to view your card’s transaction details. This includes the transaction date, merchant name, and amount spent.

Can I use my Paytm Credit Card for international transactions?

Yes you can use your Paytm card for international transactions. However please do check on the fees & charges on international transactions.

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