Paytm HDFC Bank Select Credit Card
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उत्पाद विवरण
क्रेडिट कार्ड का नाम
Paytm HDFC Bank Select Credit Card
Bank Name :
Paytm
प्रकार
Lifestyle Credit Card
ब्याज दर
3.75% per month i.e, 45.00% p.a.
पात्रता
Age: You must be at least 21 years old to apply for this card.
Minimum income: The min monthly salary requirement is INR 30,000 for salaried individuals and INR 60,000 for self-employed individuals.
Employment Type: You must be a salaried employee or self-employed professional.
Nationality: You must be an Indian National.
पेशेवरों
Welcome Benefit: Free Paytm First membership. Paytm first is a premium subscription-based rewards & loyalty program by Paytm for its users.
Reward System: 5% Cashback on purchases on Paytm App [recharge + utility bill payment + movie tickets + Mini App]. Max cashback capped at INR 1500 per month. 3% cashback on preferred merchants such as Swiggy, AJIO, Big Basket & Uber. Max cashback capped at INR 500 per month. 1% cashback on all other retail spend. Max cashback capped at INR 2000 per month.
8 free visits to domestic airport lounges across India in a calendar year (capped at 2 visits per quarter).
Milestone Benefit: Get gift voucher worth INR 500 on spending INR 50,000 in any quarter.
Dining Benefit: Get up to 20 percent discount on partner restaurants via Swiggy Dineout while using your credit card.
दोष
Low cashback rate.
No free movie tickets.
Limited number of value add benefits.
पक्ष विपक्ष
Welcome Benefits
Welcome Benefit: Free Paytm First membership. Paytm first is a premium subscription-based rewards & loyalty program by Paytm for its users.
पुरस्कार प्रणाली
Reward System: 5% Cashback on purchases on Paytm App [recharge + utility bill payment + movie tickets + Mini App]. Max cashback capped at INR 1500 per month. 3% cashback on preferred merchants such as Swiggy, AJIO, Big Basket & Uber. Max cashback capped at INR 500 per month. 1% cashback on all other retail spend. Max cashback capped at INR 2000 per month.
अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
3.5%.
स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
5% Cashback on purchases on Paytm [Recharge + Utility + Travel + Movies + Mini App] Max. Cap per Calendar Month - Rs. 1500
Eligibility Criteria
Age: You must be at least 21 years old to apply for this card.
Minimum income: The min monthly salary requirement is INR 30,000 for salaried individuals and INR 60,000 for self-employed individuals.
Employment Type: You must be a salaried employee or self-employed professional.
Nationality: You must be an Indian National.
फ़ायदे
Decent cashback.
Milestone benefits.
Airport lounge visits.
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
Open the Paytm app and go to the "Credit Cards" section.
Click on the "Paytm HDFC Bank Select Credit Card" option.
Click on the "Apply Now" button. Fill out the application form and submit it.
Here are the documents that you need to submit along with your application form: Proof of identity (e.g., passport, driving license, PAN card) Proof of address (e.g., bank statement, utility bill) Proof of income (e.g., salary slip, tax return)
The processing time for the application is usually 7-10 working days.
Once your application is approved, you will receive the card in the mail within 15-20 working days.
सम्पर्क करने का विवरण
1800 202 6161 or 1860 267 6161,
send an SMS to 730 8080 808, or
even use WhatsApp to send a message to 707 0022 222.
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: Free Paytm First membership. Paytm first is a premium subscription-based rewards & loyalty program by Paytm for its users.
Reward System: 5% Cashback on purchases on Paytm App [recharge + utility bill payment + movie tickets + Mini App]. Max cashback capped at INR 1500 per month. 3% cashback on preferred merchants such as Swiggy, AJIO, Big Basket & Uber. Max cashback capped at INR 500 per month. 1% cashback on all other retail spend. Max cashback capped at INR 2000 per month.
8 free visits to domestic airport lounges across India in a calendar year (capped at 2 visits per quarter).
Milestone Benefit: Get gift voucher worth INR 500 on spending INR 50,000 in any quarter.
Dining Benefit: Get up to 20 percent discount on partner restaurants via Swiggy Dineout while using your credit card.
Low cashback rate.
No free movie tickets.
Limited number of value add benefits.
The Paytm HDFC Bank Select credit card is a co-branded offering and is perfect for people who regularly use Paytm to make spends. It is the most premium variant out of all the co-branded cards issued by Paytm and HDFC Bank and is available at an Rs. 1000 joining fee. Along with a complimentary Paytm First membership, you get 5% cashback on Paytm purchases and 3% cashback on popular brands like Ajio, Swiggy, BigBasket and Uber. However, the only drawback is it does not provide any benefits on non-paytm transactions.
Paytm HDFC Bank Select Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
उत्पाद समीक्षा
फीस एवं प्रभार
Annual Membership Fee: Rs.1000 + GST First Year Fee waived upon spending Rs.50,000 (Non-EMI Spends) within the first 90 days.
Cash advance fee: 2.5% or r ₹500 whichever is higher.
Interest Rates: 3.75% per month i.e, 45.00% p.a.
Late Payment Charges: Less than ₹100 = Nil ₹100 to ₹500 = ₹100/- ₹501 to ₹5,000 = ₹500/- ₹5,001 to ₹10,000 = ₹600/- ₹10,001 to ₹25,000 = ₹800/- ₹25,001 to ₹50,000 = ₹1100/- More than ₹50,000 = ₹1300/-
Foreign Currency Transactions Fees: 3.5 %.
Fuel Surcharge: 1% of the Transaction amount
Reward Redemption Fees: Rs. 99/-
ईंधन अधिशुक्ल
Fuel Surcharge: 1% Fuel Surcharge on fuel transactions. However. that is waived on fuel transactions. (on minimum transaction of ₹400 & maximum transaction of ₹5,000. Maximum waiver of ₹500 per statement cycle).
Billing Cycle
30 Days