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✓ Fast Processing ✓ Great Discounts & Offers ✓ Easy EMI Facility | Apply for Credit Card from SBI Bank now!

About Paytm SBI Credit Card

Disclaimer: SBI Paytm Credit Card is not a Bajaj Markets partner product. Offers would be from partner Banks/NBFCs only.

Paytm and SBI have collaborated to launch the Paytm SBI credit card. Each time a Paytm SBI cardholder makes a payment through Paytm, they can earn handsome rewards. In the following sections, you will find details about Paytm SBI credit card eligibility, documents required, Paytm SBI credit card features, and the steps involved in applying online for the Paytm SBI credit card.

Key Highlights Of Paytm SBI Credit Card

  • Joining Perks

Earn rewards worth ₹75,000 as a welcome bonus when you sign up with Paytm First for free.

  • Get Cash Rewards at Paytm Mall

Earn up to 3% cashback on movies and travel on Paytm Mall. On all other purchases made using the Paytm app, you can get up to 2% cashback and 1% cashback on purchases made at both offline and online merchants.

  • Benefits from Milestones on Your Retail Purchases

You qualify for milestone bonuses like a free Paytm First membership upon renewal if your spending exceeds ₹1 lakh in one membership year.

  • Embrace the Fuel Surcharge Waiver

Get 1% off the fuel cost for any purchase between ₹500 and ₹3,000.

How to Apply for Paytm SBI Credit Card

You can apply for a Paytm SBI credit card offline by visiting your nearest SBI branch. You can also opt to apply for a Paytm SBI credit card on the official SBI card website after checking your credit card eligibility.

Eligibility Criteria and Documents Required for Paytm SBI Credit Card

Before initiating the SBI Paytm credit card application procedure online, the following Paytm SBI credit card eligibility prerequisites must be met:

  • The applicant must be at least 21 years old.

  • The applicant must be either salaried or self-employed

  • The applicant must have a minimum annual income of ₹1 Lakh

If the above-mentioned credit card eligibility criteria are met, the following credit card documents must be submitted to start the application process:

  • 2 passport-size, colour photos

  • PAN card

  • Aadhaar card

  • Salary slips, Bank statements for 3 months, ITR

Features and Benefits of Paytm SBI Credit Card

Here are some of the salient features of the Paytm SBI credit card:

1. Protection Against Cyber-fraud

Holders of SBI Pay Credit cards are insured up to ₹1 lakh against cyber fraud and other unauthorised use of their credit cards.

2. Balance Transfer on EMI

You may use your Paytm SBI credit card to transfer the remaining balance from other credit cards and banks. You may also split your purchases into manageable monthly instalments with the Flexipay feature. Using Flexipay option, expenditures above ₹2,500 may be divided into reasonable repayments and paid off within 30 days.

3. Utilise the easy-money facility

If you want additional funds immediately, you can use the Paytm SBI credit card to draw a draft or a cheque against your available cash.

4. Transnational Recognition

The Paytm SBI credit card is accepted at 2.4 crore establishments globally due to its international reputation.

5. Apply for Add-On Cards

With the add-on credit card feature, you can provide your dear ones access to all the Paytm SBI credit card perks.

6. Insurance for Cyber Fraud

The Paytm credit card offers a complimentary cyber fraud insurance cover worth ₹1 Lakh, which ensures that you stay protected in the case of any fraud or misuse.

7. Easy Bill Pay Facility 

Using your Paytm SBI card, you can pay for all your utilities such as electricity, water, mobile, broadband and telephone connections through the Easy Bill Pay facility. 

8. Balance Transfer on EMI

If you have any outstanding balances on any of your other credit cards, you can transfer the balance over to the SBI Paytm credit card and pay them in easy monthly instalments.

Reward Redemption of Paytm SBI Credit Card

Each time you use your SBI Paytm credit card, you accumulate reward points. These reward points can be redeemed once you cross a threshold in exchange for discount coupons, e-vouchers and other offers. The rate of conversion as set by SBI is ₹0.25 for each reward point. The process that you would have to follow to redeem your accumulated reward points has been mentioned below. 

  • Step 1: Visit the official website of SBI Card. 

  • Step 2: Log into your credit card account using your credentials. 

  • Step 3: On the left-hand side of the webpage, you can find the ‘Rewards’ option. Click on it.

  • Step 4: Then, click on ‘Redeem Rewards’. 

  • Step 5: The webpage will display a rewards catalogue. 

  • Step 6: Choose the reward that you would like to receive and redeem it. 

Once the redemption request has been placed successfully, you should receive the reward via an SMS or via an email sent to the registered phone number or email address respectively. 

FAQs on Paytm SBI Credit Card

✔️ What is the Paytm SBI Credit Card limit?

The Paytm SBI credit card limit can range anywhere from ₹10,000 - ₹10 lakh depending on the applicant’s annual income.

✔️Can I make bill payments using the Paytm SBI Card?

 Yes, you can make bill payments using the Paytm SBI card.

You just need to adhere to these few steps:

1. Access Paytm's credit card payment page.

2. Select "Proceed."

3. Enter the payment information and total.

4. Complete the payment.

✔️ How much time will I take to get my Paytm SBI Credit Card?

Following SBI Card's final approval, you will receive your card within 7 business days.

✔️ Can SBI credit card be connected to Paytm?

Yes, you can. For the convenience and ease of its consumers, Paytm takes a large variety of cards (both credit and debit). Payments via the Paytm app may be made using Visa, Master, Rupay, American Express, and Diners cards of banks like SBI.

✔️ What are SBI credit card reward points for Paytm?

The SBI Paytm credit card comes with a host of rewards. Upon joining, you can earn rewards upto ₹75,000 with complimentary Paytm membership. Moreover, upon reaching milestone spends of 1,00,000 in a calendar year, you can get milestone credit card rewards such as complimentary Paytm First membership at renewal. Apart from that, you also become eligible for 3% cashback rewards on Paytm mall and 2% cashback on payments made with the Paytm app.

✔️What are the Fees and Charges of Paytm SBI Credit Card?

The following information pertains to fees and other Paytm SBI credit card charges:

Joining Fee

₹499

Renewal Fee

₹499

Add-on Card Fee

0

Late Payment Charges

  • ₹0 to ₹500: Nil
  • ₹501 to ₹1000: ₹400
  • ₹1,001 to ₹10,000: ₹750
  • ₹10,001 to ₹25,000: ₹950
  • ₹25,001 to ₹50,000: ₹1,100
  • ₹50,001+: ₹1,300

✔️ What is Paytm SBI Credit Card Customer Care?

Toll-Free Number-  Use the toll-free number 1800 180 1290 to get in touch with SBI Credit Card customer service.

Communication Address - Additionally, you may send a letter to customer service at the following address:

To,

Manager - Customer Care Services,

SBI Cards & Payment Services Ltd.

DLF Infinity Towers, Tower C,

12th Floor, Block 2, Building 3,

DLF Cyber City, Gurgaon

Haryana 122 002.

AI Chat Bot- ‘Ask ILA’, a virtual interactive support system, is also available on the official SBI website to answer your questions.

✔️How can I re-apply for a Paytm SBI Card?

If your initial application for a Paytm SBI credit card was rejected, you can reapply for the same after a period of 6 months from the date of submission of the initial application. You can reapply for the card by submitting an application online through the SBI Card website or by visiting a nearby SBI branch.

✔️What is the minimum age requirement to apply for a Paytm SBI Card?

The applicant must be at least 21 years of age when applying for an SBI Paytm credit card.

✔️Is there a minimum income requirement to apply for a Paytm SBI Card?

Yes. To apply for the Paytm SBI credit card, you would need to have a minimum income of at least ₹1 Lakh per annum.