Paytm SBI Credit Card - Features & Benefits, Eligibility, Offers 2023

Paytm SBI Credit Card


  • Explore all the Features and Benefits of Paytm SBI Credit Card.
  • Know the Fees and Other Charges of this Credit Card before applying for it.
  • See all the Payment Methods through which you can pay the SBI Credit Card Bills.

There are a lot of individuals who apply for a credit card just to enjoy the prevailing offers on it. Recently, the State Bank of India and Paytm has launched a credit card in collaboration with each other. The name of the card is Paytm SBI Credit Card that has a lot of offers and deals. You must explore the key features, offers, and fees of this credit card. This card has a welcome benefit and you can earn cashback while shopping from the Paytm Mall. The joining fee of this card is ₹499 plus taxes. So, you must take a look at all the features and benefits of this credit card.

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    Features and Benefits of Paytm SBI Credit Card

    There are some exclusive features and benefits that you will enjoy on this credit card. So, before applying for this card, you must have a deep look at its benefits.

    Welcome Benefits

    • Enjoy Benefits of up to ₹75000 with complimentary membership of Paytm First.
    • The Paytm First Membership will be activated after a retail transaction.

    Terms and Conditions

    • This membership will be valid for a period of 12 months from the date of activation of the card.

    Cashback Offers

    • Get a Cashback of 3% on Paytm Mall, Movies, and Travel.
    • Enjoy 2% Cashback on all other purchases on the Paytm App.
    • Enjoy a Cashback of 1% on any other spending across millions of offline and online stores.

    Terms and Conditions

    • You will earn the Cashback on a minimum transaction of ₹100.
    • The amount of the Cashback will be redeemed to the Paytm Gift Voucher.

    Cyber Fraud Insurance

    • Get a Cyber Fraud Insurance Cover of up to ₹1 Lac on your Paytm SBI Credit Card.
    • This benefit will protect the cardholder from any misuse of the card.

    Terms and Conditions

    • Gross Negligence is not covered in this insurance.
    • A claim due to a deliberate breach of law is not acceptable.
    • Claims should be reported to the bank within 45 days from the fraud transaction.

    Milestone Benefits

    • If you make a retail spend of ₹1 lac and above in a year then you will enjoy a complimentary Paytm First Membership Voucher at the time of renewal.

    Fuel Surcharge Waiver

    • Get a Fuel Surcharge Waiver of 1% at the refilling stations.
    • ₹100 is the maximum Surcharge waiver is allowed per statement cycle.

    Terms and Conditions

    • ₹500 is the minimum transaction for the fuel surcharge waiver.
    • ₹3000 is the maximum transaction for the fuel surcharge waiver.

    Convenient to Use

    • You can easily manage the SBI Paytm Credit Card with the help of Paytm Application or SBI Card Application.
    • You can use the Spend Analyzer, Smart Spend Control & One Tap Lock / Unlock and Convenient Card Re-issue features on the Paytm App.

    Worldwide Acceptance

    • This card is an international credit card and it is accepted globally.
    • It is accepted at 24 million outlets worldwide and 3.25 Lacs outlets in India.
    • You can use this credit card at any outlet that accepts Visa Cards.

    Add-on Cards

    • You can take an Add-on credit card as well for your family members.
    • You can take an add-on card for your parents, spouse, children, and siblings who are above 18 years of age.

    Pay Your Utility Bills

    • Use the Paytm SBI Credit Card for paying the utility bills.
    • You can pay the Telephone Bills, Electricity Bills, Mobile Bills, and other utility bills through this credit card.

    Balance Transfer

    • You can do a balance transfer of other credit cards on the SBI Credit Card.
    • Enjoy a low rate of interest on the EMIs that has to be paid after the balance transfer.

    EMI Conversion

    • Covert the Transactions of ₹2500 and above into EMIs.
    • Enjoy a competitive rate of interest on the EMIs.
    • You can convert the transactions into EMIs within 30 days from the date of the transaction.

    Easy Money Facility

    • You can enjoy an easy money facility on this credit card.
    • Get a cheque or a draft against your credit limit at your doorstep on this credit card.

    Paytm SBI Card Fees and Other Charges

    ParticularsFees and Charges
    Joining Fees of the Card₹499
    Renewal Fees of the Card₹499 Per Annum
    Add-on FeesNIL
    Interest-Free Credit Period20 Days to 50 Days
    Finance Charges₹25 or 3.35% per month (whichever is higher)
    Minimum Amount Due Charges5% of the Total Outstanding Amount
    Cash Advance LimitUp to 80% of the Credit Limit with a Maximum of ₹12000 per day.
    Cash Withdrawal Fees for Domestic Withdrawal2.5% of the Transaction Amount with a minimum of ₹500.
    Cash Withdrawal Fees for International Withdrawal2.5% of the Transaction Amount with a minimum of ₹500.
    Statement Retrieval Charges₹100 Per Statement
    Cheque Pickup Charges₹100
    Payment Dishonour Fees2% of the Payment Amount with a minimum of ₹450
    Late Payment Charges- NIL for the amount due between ₹0 to ₹500.
    - ₹400 for the amount due between ₹501 to ₹1000.
    - ₹750 for the amount due between ₹1001 to ₹10000.
    - ₹950 for the amount due between ₹10001 to ₹25000.
    - ₹1100 for the amount due between ₹25001 to ₹50000.
    - ₹1300 for the amount due above ₹5000.
    Card Replacement Charges₹100
    Foreign Currency TransactionConversion Markup Fees of 3.5%
    Cash Payment Fees₹199
    Railway Tickets through IRCTC Official Website1.8% of the Transaction + Service Charges

    Paytm SBI Credit Card Bill Payment

    There are various options to make online payment of the SBI Credit Cards. As you know that the payment through cheque or cash is chargeable so it better to use the online methods of making the SBI Paytm Card Payment.

    • NEFT
    • PayNet
    • SBI Online
    • NACH Facility
    • SBI Mobile Application
    • YONO Cash
    • UPI Payments
    • Billdesk

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