Are you looking for a credit card that offers incredible benefits, worldwide acceptance, and a seamless digital experience? Look no further than the Paytm SBI Credit Card. With its partnership between Paytm and SBI Card, this co-branded credit card brings you a host of advantages that cater to your everyday needs. From cashback offers to fuel surcharge waivers, this card is designed to enhance your shopping experience while rewarding you for your spending. We will explain the benefits, fees and charges, and the application process of the Paytm SBI Credit Card.
Benefits of the Paytm SBI Credit Card
- Welcome Offer: Upon activating your Paytm SBI Credit Card and making your first settled retail transaction, you will receive a complimentary Paytm First Membership. This membership provides you with exclusive benefits and rewards.
- Cashback Rewards: Enjoy 3% cashback on all your purchases made through the Paytm App for Paytm Mall, Movies, and Travel. Additionally, you can earn 2% cashback on other purchases made via the Paytm App. For all other transactions, you are eligible for 1% cashback. These cashback rewards are automatically converted into Reward Points and redeemed as Paytm Gift Voucher balances, which can be used for purchases within the Paytm App.
- Fuel Surcharge Waiver: Say goodbye to those pesky fuel surcharges! With the Paytm SBI Credit Card, you can enjoy a 1% waiver on fuel surcharges for transactions ranging from Rs. 500 to Rs. 3,000. The maximum surcharge waiver is Rs. 100 per statement cycle, per credit card account.
- Complimentary Cyber Fraud Insurance: Your Paytm SBI Credit Card offers you peace of mind with up to Rs. 1,00,000 coverage against financial loss incurred due to fraudulent usage of your credit card. ICICI Lombard General Insurance Company Ltd. provides this insurance.
- Milestone Benefit – Paytm First Membership: Achieve an annual milestone retail spend of Rs. 1,00,000, and you’ll be rewarded with a complimentary Paytm First Membership at renewal. Unlock a world of privileges and rewards with this membership.
- Worldwide Acceptance: Use your Paytm SBI Credit Card at over 24 million outlets worldwide, including 3,25,000 outlets in India. It is accepted anywhere Visa cards are welcomed.
- Add-on Cards: Empower your loved ones with add-on cards for your parents, spouse, children, or siblings above 18 years of age. Share the benefits and convenience of your Paytm SBI Credit Card with your family.
- Utility Bill Payment: Make your life easier by paying your electricity, telephone, mobile, and other utility bills using the Easy Bill Pay facility on your Paytm SBI Credit Card. Say goodbye to long queues and enjoy hassle-free bill payments.
- Balance Transfer on EMI: Save money while managing your credit card dues. Transfer the outstanding balance from other banks’ credit cards to your Paytm SBI Credit Card and avail a lower rate of interest. Repay the transferred balance in easy EMIs.
- Flexipay: Convert your purchases of Rs. 2,500 or more into easy monthly installments with Flexipay. Log in to sbicard.com within 30 days of the purchase and enjoy the flexibility of affordable EMIs.
Fees and Charges
The Paytm SBI Credit Card comes with a joining fee of Rs. 499 and a renewal fee of Rs. 499 per annum. However, there is no add-on fee per annum.
How to Apply for the Paytm SBI Credit Card?
Applying for the Paytm SBI Credit Card is a simple and convenient process. Follow these steps to begin your application:
- Visit the official SBI Card website or download the SBI Card mobile app from your respective app store.
- Navigate to the Paytm SBI Credit Card section and click on the “Apply Now” button.
- Fill out the application form with accurate and complete details, including your personal information, contact details, employment details, and financial information.
- Review the terms and conditions carefully before submitting your application.
- Once your application is submitted, it will undergo a verification process by SBI Card.
- If your application is approved, you will receive your Paytm SBI Credit Card at the address provided during the application process.
- Upon receiving your card, follow the activation instructions provided along with the card to activate it.
- After activating your card, make your first settled retail transaction to avail of the complimentary Paytm First Membership.
- Start using your Paytm SBI Credit Card for your purchases, payments, and enjoy the various benefits and rewards it offers.
- Stay updated with your credit card statements, reward points, and exclusive offers through the SBI Card mobile app or the SBI Card website.
Paytm SBI Credit Card Customer Care
You can reach the Paytm SBI Credit helpline by dialing 39 02 02 02 (prefix local STD code) or 1860 180 1290.
FAQ
What is the joining fee for the Paytm SBI Credit Card?
The joining fee for the Paytm SBI Credit Card is Rs. 499.
Is there an annual renewal fee for the Paytm SBI Credit Card?
Yes, there is an annual renewal fee of Rs. 499 for the Paytm SBI Credit Card.
How can I avail of the complimentary Paytm First Membership?
Upon activating your Paytm SBI Credit Card and making your first settled retail transaction, you will receive the complimentary Paytm First Membership.
How do I earn cashback on my Paytm SBI Credit Card?
You can earn cashback on your Paytm SBI Credit Card by making purchases through the Paytm App. You’ll receive 3% cashback on Paytm Mall, Movies, and Travel purchases, 2% cashback on other Paytm App purchases, and 1% cashback on all other transactions.
What is the maximum fuel surcharge waiver on the Paytm SBI Credit Card?
The maximum fuel surcharge waiver on the Paytm SBI Credit Card is Rs. 100 per statement cycle, per credit card account.
How do I make utility bill payments with my Paytm SBI Credit Card?
You can conveniently pay your utility bills using the Easy Bill Pay facility available on your Paytm SBI Credit Card.
Can I transfer balances from other credit cards to my Paytm SBI Credit Card?
Yes, you can transfer the outstanding balance from other banks’ credit cards to your Paytm SBI Credit Card and avail a lower rate of interest through the Balance Transfer on EMI facility.
How can I convert my purchases into Flexipay?
To convert your purchases into Flexipay, make a purchase of Rs. 2,500 or more using your Paytm SBI Credit Card. Within 30 days of the purchase, log in to sbicard.com with your username and password to convert it into easy monthly installments.
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