What is the welcome benefit?

Complimentary Paytm First membership on activation (post first settled retail transaction).

What cashback rates does the card offer?

3% on Paytm Travel, 2% on Paytm app purchases, and 1% on other spends. Reward points conversion applies per issuer T&Cs.

How do I get the annual fee reversed?

Annual fee reversal/waiver is available on achieving specified annual retail spends (e.g., ₹2,00,000).

Is there a fuel surcharge waiver?

Yes — 1% fuel surcharge waiver for transactions between ₹500 and ₹3,000 (max waiver as per issuer limits).

Is cyber-fraud cover provided?

Yes — complimentary cyber-fraud insurance cover up to ₹1,00,000, as per insurer terms.

Credit Cards/SBI Bank/Paytm SBI Credit Card

Paytm SBI Credit Card

SBI Bank

4.6

Expert Rating

travel movies e-commerce restaurants fuel

Annual Fee

₹499

Joining Fee

₹499

Forex Fee

1.99%

Lounge Access

4 visits/yr

The Paytm SBI Credit Card is a co-branded card for digital-first users offering strong Paytm app rewards, fuel surcharge benefits and cyber-fraud protection. It delivers layered cashback on Paytm travel and Paytm app spends, plus everyday cashback across offline and online merchants. Ideal for users who transact frequently on the Paytm ecosystem and want simple, app-driven controls.

Features of Paytm SBI Credit Card which makes it unique

Paytm Ecosystem Rewards

Layered cashback specifically for Paytm app categories

Better value for Paytm-first users

Co-branded advantage on Paytm spends

Cyber-Fraud Protection

Complimentary cyber-fraud insurance

Financial protection against fraud

Extra security layer vs many basic cards

Rewards Structure of Paytm SBI Credit Card

base

Reward Rate:1%

Milestones of Paytm SBI Credit Card

Annual Milestone

₹1,00,000 : Paytm First membership e-voucher on renewal

Spend Benefit

₹2,00,000 : Annual fee reversal

Fees & Charges of Paytm SBI Credit Card

Fee & Amount	Fee Value
Joining Fee	₹499
Annual Fee	₹499
Forex Markup Fee	1.99%
Cash Advance Fee	2.5%
Late Payment Fee	₹750
Over Limit Fee	₹500
Returned Payment Fee	₹350
Cash Withdrawal Fee	2%

Renewal Conditions:Annual fee reversal/waiver on achieving ₹2,00,000 annual retail spend.

Fee Explanation Fees and charges as per SBI Card's published schedule; taxes apply. Refer to issuer T&Cs for full details.

Lounge Access Benefits with Paytm SBI Credit Card

domestic Lounges

silver

Visits per year: 4

Guest access: No

Domestic lounge visits as per Visa/SBI programs

Insurance Coverage with Paytm SBI Credit Card

Cyber Fraud Insurance

₹1,00,000

Covers fraudulent transactions as per insurer policy

Additional Features of Paytm SBI Credit Card

App Controls

Manage card via Paytm App and SBI Card app (lock/unlock, spend controls)

Add-on Cards

Add-on cards available subject to issuer policy

Welcome Bonus with Paytm SBI Credit Card

Welcome Bonus: Paytm First membership
Bonus Conditions: Paytm First membership provided upon card activation (post first settled retail transaction). Terms apply.

Application Process for Paytm SBI Credit Card

Processing Time

7 business days (typical dispatch timeline varies by issuer verification)

Online Application

Available

Instant Approval

Not Available

Step-by-Step Process

Card dispatched as per issuer timelines

Apply via Paytm app or SBI Card portal

Complete KYC and upload documents

Issuer verification and approval

Required Documents for Paytm SBI Credit Card

ID Proof

all

Accepted documents:

PAN Aadhaar

Address Proof

all

Accepted documents:

Passport Utility Bill

Income Proof

some applicants

Accepted documents:

Payslip Bank statement