SBI

SBI Paytm Select Credit card

Apply for Paytm SBI Card SELECT and earn 5% on Paytm travel, 2% on Paytm App spends and 1% elsewhere, plus 4 domestic lounge visits a year

ShoppingTravel
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Issued by

SBI

SBI Paytm Select Credit card image
Joining Fee₹1499
Annual Fee₹1499
Income₹25000
Credit Score720

Key Highlights

Travel

Enjoy 4 Complimentary Domestic Lounge

Visits Every year, capped at one per quarter, and you also get a complimentary 2-year Priority Pass membership worth US $99 for lounges abroad

Enjoy 4 Complimentary Domestic Lounge

Visits Every year, capped at one per quarter, and you also get a complimentary 2-year Priority Pass membership worth US $99 for lounges abroad

Shopping

Get Gift Vouchers Worth Up to ₹6,000 on Annual Spends

₹2,000 voucher is released at ₹4 lakh of annual retail spends and a ₹4,000 voucher at ₹6 lakh, redeemable at Hush Puppies, Bata or Pantaloons

Get Gift Vouchers Worth Up to ₹6,000 on Annual Spends

₹2,000 voucher is released at ₹4 lakh of annual retail spends and a ₹4,000 voucher at ₹6 lakh, redeemable at Hush Puppies, Bata or Pantaloons

Eligibility

Age Criteria21-60
Credit Score720
Salaried Income₹3 LPA
Self-employed Income₹3 LPA
Employment TypeSelf Employed, Salaried
New to CreditEligible

Fees & Waivers

Joining Fee₹1499
Joining Fee OffsetReward Points worth ₹750, credited on card activation, complimentary Paytm Super Saver Membership, on card activation
Annual Fee₹1499
Annual Fee WaiverThe annual fee is waived if you spend ₹2 lakh or more in a year on your card, as per bank policy
Estimated Annual Saving₹10000

Rewards & Redemption

Reward Conversion1 Reward Point = ₹1
Redemption Options
  • Gift Vouchers
  • Merchandies
  • Physical Products
  •  
Earning ExclusionsFuel, Wallet Load, Education, Balance Transfer, EMI, Cash Advance, ATM, Returned Goods
Spend ExclusionsFuel, Wallet Load, Education, Balance Transfer, EMI, Cash Advance, ATM, Returned Goods

Benefits

All Benefits

  • 5% Reward Points on travel purchases through the Paytm App
  • 2% on all other Paytm App purchases
  • gift vouchers worth ₹2,000 at ₹4 lakh and ₹4,000 at ₹6 lakh of annual retail spends
  • 4 complimentary domestic airport lounge visits a year max 1 per quarter

Welcome Benefits

  • Reward Points worth ₹750 on card activation, credited within 30 working days of the first settled retail transaction
  • Complimentary Paytm Super Saver Membership, also on card activation

Flight Benefits

  • 5% Reward Points on flight bookings made through the Paytm App

Railway Benefits

  • 5% Reward Points on train bookings made through the Paytm App

Bus Benefits

  • 5% Reward Points on bus bookings made through the Paytm App

Airport Lounge Benefits

  • 4 complimentary domestic airport lounge visits per year, capped at 1 per quarter
  • complimentary 2-year Priority Pass membership worth US $99, on which visits are charged at USD 27 + taxes each

Fuel Surcharge Waiver Benefits

  • 1% fuel surcharge waiver at all petrol pumps across India on transactions between ₹500 and ₹4,000, capped at ₹250 per statement cycle

Insurance Benefits

  • Cyber Fraud Insurance cover of ₹2,00,000 against financial loss from fraudulent usage of the card

Bank Offer

  • Smart Card Control on the Paytm App and the SBI Card App Spend Analyzer, Smart Spend Control, One Tap Lock / Unlock and card re-issue

Milestone Benefits

Minimum Spend₹400000
Within365 days
Reward Points Bonus2000

Documents

PAN Card
Aadhaar Card or valid address proof
Latest salary slips or income proof
Recent bank statements

Terms

The bank may offer a different card variant based on your eligibility; please carefully review the features and benefits of the card offered before submitting your application
A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card, failing which you will not be eligible for rewards
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