Frequently Asked Questions
  • Tell me more about Paytm SBI Card and Paytm SBI Card SELECT?

    Paytm, in partnership with SBI Card, is offering 2 credit card variants for its users – Paytm SBI Card & Paytm SBI Card SELECT.
    These credit cards have been designed and are exclusively available for Paytm users. Users can apply for these cards on the latest version of their Paytm App.

  • What is the Early Access Program?

    In the Early Access stage, a limited number of users will be given exclusive access to apply for the Paytm SBI Card and Paytm SBI Card SELECT every day. To get early access, users will have to submit a few details on the Paytm App itself.
    Link to the early access form will be shared with selected users via SMS, Emails and promotions on the Paytm App itself.
    Users who have signed up for early access would join the waitlist. They can jump the waitlist slot positions by performing suggestive actions such as Checking their Credit Score (CIR check), Activating Paytm Postpaid and Making Payments through Paytm Postpaid. Information about the same is available on the waitlist page.

  • How long is the Early Access Program available?

    Early Access program will run for a couple of weeks till the waitlist slots are available.

  • When can I get the card?

    Once the early access window closes, we will start accepting complete applications from the waitlisted users. Post which, eligible users can get their cards in ~1week.

  • Can I get more details around product features for the Paytm SBI Card and Paytm SBI Card SELECT?

    Paytm SBI Card

    Product Features of Paytm SBI Card

    Annual Fees ₹499
    Welcome Benefit Complimentary Paytm First Membership worth ₹750 on first settled transaction
    Spends based Cashback Benefit Structure
    1. 3% Cashback on all Travel, Movies and Mall purchases through Paytm App
    2. 2% Cashback on all other purchases through Paytm App
    3. 1% Cashback everywhere else
    Fuel 1% Fuel Surcharge waiver
    Fraud Insurance Complimentary Cyber Fraud Insurance cover of ₹1,00,000
    Milestone Benefits Complimentary Paytm First Membership E-Voucher on renewal on achieving Annual Retail spend of ₹1,00,000

    Other terms and conditions – Paytm SBI Card

    1. These are the only features of Paytm SBI Card and shall not be construed as product terms & conditions
    2. Annual fees will be applicable from year 1
    3. Welcome benefit of Paytm First Membership is applicable on card activation. Cardholder will have to complete at least one settled transaction to be eligible for these Welcome benefits.
    4. Welcome benefits of Paytm First Membership will be provided to cardholder within 15 working days from the date of settlement of first retail transaction
    5. Cardholder shall earn Cashback (spends based Cashback Structure & Welcome Cashback) in the form of Gift Voucher which gets added to cardholder’s Paytm account balance.
    6. Spends based Cashback is applicable on per ₹100 spent and shall be credited to Gift Voucher balance within 3 working days from the date of settlement of retail transaction
    7. Cardholder will receive Milestone benefit related voucher within 60 days of card renewal date provided cardholder has achieved required Annual Retail spends
    8. Cashback is not applicable for spends done for any wallet loads and fuel
    9. 1% Fuel Surcharge waiver for each transaction between ₹500 and ₹3000. Maximum Surcharge waiver of ₹ 100 per statement cycle, per credit card account
    10. Please refer to www.paytm.com for terms and conditions related to Paytm First Membership and Gift Voucher

    Paytm SBI Card SELECT

    Product Features of Paytm SBI Card SELECT

    Annual Fees ₹1,499
    Welcome Benefit Type
    1. Complimentary Paytm First Membership worth ₹750
    2. ₹750 Cashback
    Annual Fee Waiver Annual Fee reversal on achieving ₹200,000 Annual Retail spend
    Spends based Cashback Benefit Structure
    1. 5% Cashback on all Travel, Movies and Mall purchases through Paytm App
    2. 2% Cashback on all other purchases through Paytm App
    3. 1% Cashback everywhere else
    Fuel 1% Fuel Surcharge Waiver
    Fraud Insurance Complimentary Cyber Fraud Insurance cover of ₹200,000
    International Lounge Program Complimentary Priority Pass worth US $99 for first two years of cardholder membership
    Domestic lounge Program Complimentary 4 Domestic Lounge visits (Restricted to 1 per quarter)
    Milestone Benefits
    1. ₹2,000 Gift Card on achieving Annual Retail spend of ₹4 Lakhs
    2. ₹4,000 Gift Card on achieving Annual Retail spend of ₹6 Lakhs

    Other terms and conditions – Paytm SBI Card SELECT

    1. These are the only features of Paytm SBI Card SELECT and shall not be construed as product terms & conditions
    2. Annual fees will be applicable from year 1
    3. Welcome benefits of Paytm First Membership & ₹750 Cashback are applicable on card activation. Cardholder will have to complete at least one settled transaction to be eligible for these welcome benefits.
    4. Welcome benefits of Paytm First Membership and ₹750 Cashback will be provided to cardholder within 15 working days from the date of settlement of first retail transaction
    5. Cardholder shall earn Cashback (spends based Cashback Structure & Welcome Cashback) in the form of Gift Voucher which gets added to cardholder’s Paytm account balance.
    6. Spends based Cashback is applicable on per ₹100 spent and shall be credited to Gift Voucher balance within 3 working days from the date of settlement of retail transaction
    7. Cashback is not applicable for spends done for any Wallet loads and Fuel
    8. Cardholder will receive Milestone benefit related Voucher(s) within 60 days of achieving required Annual Retail spends
    9. 1% Fuel Surcharge waiver for each transaction between ₹500 and ₹4000. Maximum Surcharge waiver of ₹250 per statement cycle, per credit card account.
    10. Please refer to www.paytm.com for terms and conditions related to Paytm First Membership and Gift Voucher