Paytm SBI Credit Card Select

The Paytm SBI Credit Card Select stands out as a recently introduced International Visa credit card, resulting from a collaboration between SBI Card and Paytm. This unique cashback reward card is designed for global and domestic use, catering to over 24 million outlets worldwide and exceeding 300,000 offline establishments in India. Positioned as a premium option within its category, the “Select” credit card provides an array of exclusive privileges and unmatched benefits. Notably, cardholders enjoy the distinctive Paytm First Membership as part of their package. Alongside this, the card offers cashback incentives for both online and offline transactions, access to domestic airport lounges, an International Priority Pass, and a 1% fuel surcharge waiver at all fuel stations throughout India.

Key Highlights of Paytm SBI Credit Card Select

  1. Upon activating the credit card, enjoy a free Paytm First Membership as a welcome gesture.
  2. Get a welcome cashback of Rs 750 when you activate your credit card.
  3. Earn cashbacks when you shop on Paytm Mall and use the Paytm App as part of the rewards program.
  4. Access domestic airport lounges four times a year at no cost.
  5. Receive a complimentary Priority Pass valued at US $99 as part of the International Lounge Program.
  6. Enjoy a 1% fuel surcharge waiver at all fuel stations in India, with a maximum waiver of Rs 250 per statement cycle.

Features and Benefits of Paytm SBI Credit Card Select

The Paytm SBI Credit Card Select offers several features and benefits:

1. Welcome Benefits:

  • Receive a welcome benefit of up to Rs. 75,000 along with a complimentary Paytm First Membership upon credit card activation.
  • Enjoy Rs. 750 cashback credited to your Paytm Wallet.

2. Cashback Benefits:

  • Earn 5% cashback on purchases at Paytm Mall and when booking movie and travel tickets through the Paytm app.
  • Receive 2% cashback on all other purchases made via the Paytm app.
  • Earn 1% cashback for using the card elsewhere.

3. Airport Lounge Benefits:

  • Avail 4 domestic airport lounge visits annually, with a maximum of 1 visit each quarter.
  • Receive a complimentary Priority Pass Membership valued at $99.

4. Insurance Benefits:

  • Gain extra protection with a Cyber Fraud Insurance cover of Rs. 2 lakh on your Paytm SBI Card SELECT.

5. Milestone Benefits:

  • Obtain a Rs. 2,000 voucher upon achieving retail spends of Rs. 4 lakh in a year.
  • Receive a Rs. 4,000 voucher upon achieving retail spends of Rs. 6 lakh in a year.

6. Fuel Benefits:

  • Enjoy a 1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 4,000.
  • Receive a maximum waiver of Rs. 250 for each statement cycle.

Paytm SBI Credit Card Select Fees and Charges

Explore the fee structure for the Paytm SBI Credit Card Select and discover the financial advantages that come with it.

1. Joining Fee: Cost: Rs 1499 + GST
2. Welcome Benefit:

  • Paytm First Membership
  • Benefit: Rs 750 cashback in Paytm wallet

3. Annual Fee: Cost: Rs 1499 + GST
4. Annual Fee Waiver: Achieve waiver with Rs 2 Lakhs spend in a membership year

Eligibility Criteria for Paytm SBI Credit Card Select

Here are essential criteria for applying for an Paytm SBI Credit Card Select:

  1. Age requirement: Individuals must be at least 18 years old.
  2. Income eligibility: Applicants should have a consistent source of income, regardless of whether they are employed or self-employed.
  3. Creditworthiness: A respectable credit score or credit history is essential, with a preference for scores above 700.

Documents Required for Paytm SBI Credit Card Select

To apply for the Paytm SBI Credit Card Select, you will typically need to provide the following documents:

1. Proof of Address:

  • Ration Card
  • Voter ID
  • Passport
  • Aadhaar Card

2. Income Proof:

  • Form 16
  • Salary Slip
  • IT Returns

3. Proof of Identity:

  • Driving License
  • Passport
  • Aadhaar Card

How To Apply for Paytm SBI Credit Card Select?

Follow these steps to apply for the Paytm SBI Credit Card Select:

  1. Visit the official SBI website and navigate to the “Credit Cards” section.
  2. Look for the Paytm SBI Card SELECT option and select it.
  3. Fill out the online application form with accurate personal and financial details.
  4. Submit the required documents electronically as specified in the application process.
  5. Review your application, confirm the details, and submit it. Await approval from SBI, and once approved, you will receive your Paytm SBI Card SELECT.

Frequently Asked Questions (FAQs) –

1. How can I apply for the Paytm SBI Card Select?

Visit the SBI official website, navigate to the “Credit Cards” section, Paytm SBI Card Select, and fill out the online application form.

2. What documents are required for the Paytm SBI Credit Card Select application?

Typically, you may need proof of identity, address, and income. Specific documents may include PAN card, Aadhaar card, salary slips, and others.

3. How long does it take for the Paytm SBI Credit Card Select application to be processed?

The processing time can vary, but you will receive a confirmation or update on your application status within a few weeks.

4. What are the key features and benefits of the Paytm SBI Card Select?

Features may include reward points on transactions, cashback offers, travel benefits, and exclusive deals. Check the official website or contact customer service for detailed information.

5. Can I track my Paytm SBI Credit Card Select application status online?

Yes, you can usually track your application status online through the SBI website or by contacting their customer support.

6. Is there an annual fee for the Paytm SBI Credit Card Select?

The annual fee structure may vary. Refer to the terms and conditions or contact SBI customer service for the most accurate and up-to-date information.

7. How do I pay my Paytm SBI Credit Card Select bill?

You can make payments through the Paytm app, SBI online banking, auto-debit, or other accepted payment methods. Check the available options on the SBI Credit Card Bill Payment.

8. What should I do if my Paytm SBI Credit Card Select is lost or stolen?

Immediately report the loss to SBI credit card customer care service. They will guide you through the process of blocking the card and issuing a replacement.

9. Are there any special offers or discounts associated with the Paytm SBI Credit Card Select?

Yes, there might be special promotions, discounts, or cashback offers. Keep an eye on the official website or promotional emails for the latest updates.

10. Can I convert my Paytm SBI Credit Card Select transactions into EMIs?

Yes, many credit cards offer EMI conversion options. Check with SBI for specific details and eligibility criteria.