SBI
SBI Paytm Credit Card
This is an invite only card
Top Benefits
Get a Complimentary Paytm First Membership Every Year
The membership is free when you activate your card and is renewed with an e-voucher once your annual retail spends reach ₹1 lakh
Earn 3% Reward Points on Paytm Travel Bookings
Flights, trains and buses booked on the Paytm App
Best For
Shopping
Travel
UPI
Expert Review
Joining / Annual Fee
Joining Fees
₹589 ( ₹499 + GST )
Annual Fees
₹589 ( ₹499 + GST )
Eligibility
Age
Criteria*
21-60 years
Salary
Criteria*
3LPA
Credit
Rating*
720+
New to credit
allowed
Yes
Existing Bank
Customer Allowed
No
All Card Benefits
- 3% Reward Points on travel purchases through the Paytm App
- 2% on all other Paytm App purchases
- complimentary Paytm First Membership on card activation
- Paytm First Membership renewal e-voucher on annual retail spends of ₹1,00,000
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Reward point = ₹1
Redemption Options
- Gift Vouchers
- Merchandies
- Physical Product
- Statement Credit
To check redemption catalogue
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Fuel
Wallet Load
Education
Balance Transfer
EMI
Cash Advance
ATM Withdrawal
Financial Charges
Returned Goods
For Spends Waiver
Fuel
Wallet Load
Education
Balance Transfer
EMI
Cash Advance
ATM Withdrawal
Financial Charges
Returned Goods
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.50% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency | 3.5% |
APR Fees Finance charges of 3.75% per month 45% per annum apply on unpaid outstanding balances until the amount is fully repaid | 3.75% |
ATM withdrawal 2.50% of the withdrawn amount is charged on cash advances using the credit card minimum ₹500, if applicable | 2.5% |
Reward Redemption Fees ₹99 redemption fee per redemption | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge A surcharge of 1% is applied to transactions made for booking railway tickets | 1% |
Rent Payment Fees A surcharge fee of ₹199 + GST applies on rental transactions made using the credit card | ₹199 |
cheque Payment Fees A fee of ₹200 is charged for payments made by cheque | ₹200 |
Cash Payment Fees A fee of ₹250 is charged for payments made by depositing cash at a bank branch | ₹250 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹500 | ₹0 |
| ₹501 - ₹1,000 | ₹400 |
| ₹1,001 - ₹10,000 | ₹750 |
| ₹10,001 - ₹25,000 | ₹950 |
| ₹25,001 - ₹50,000 | ₹1100 |
| Above ₹50,000 | ₹1300 |
That’s the full story of this credit card
Like this card? Your apply button’s just there.
Top Benefits
Top Benefits
Get a Complimentary Paytm First Membership Every Year
The membership is free when you activate your card and is renewed with an e-voucher once your annual retail spends reach ₹1 lakh
Earn 3% Reward Points on Paytm Travel Bookings
Flights, trains and buses booked on the Paytm App
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