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Paytm SBI Card SELECT

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उत्पाद विवरण
क्रेडिट कार्ड का नाम

Paytm SBI Card SELECT

Bank Name :

State Bank Of India

प्रकार

Rewards Credit Card

ब्याज दर

3.50% per month (42% per annum) from the transaction date. 

पात्रता

Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.

Paytm SBI Card SELECT
पेशेवरों
  • Welcome Benefit: Users can enjoy a complimentary Paytm First membership and INR 750 as cashback in their Paytm wallet.

  • Reward System: Users will get 5% cashback on Paytm Mall, movies and travel. 2% cashback on all other purchases on the Paytm app. 1% cashback on any other spends across millions of offline and online stores.

  • Users will get a free cyber fraud insurance cover of INR 2,00,000 on your Paytm SBI Card Select.

  • Milestone Benefit: Users can get INR 2000 worth of vouchers on achieving retail spending of INR 4 Lakhs in a year. INR 4000 voucher on achieving retail spends of INR 6 Lakhs in a year.

  • Free Priority Pass worth US $99 for the first two years of cardholder membership.

  • Free 4 domestic lounge visits (Limited to 1 per quarter).




दोष
  • Low cashback rate.

  • No free movie tickets. 

पक्ष विपक्ष
Welcome Benefits

Complimentary Paytm First membership and INR 750 as cashback in Paytm wallet.

पुरस्कार प्रणाली

5% cashback on Paytm Mall, movies and travel. 2% cashback on all other purchases on the Paytm app. 1% cashback on any other spends across millions of offline and online stores.

अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप

3.5%.

स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण

Reward System: 5% cashback on Paytm Mall, movies and travel. 

Eligibility Criteria

Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.

फ़ायदे
  • 5% discount on Paytm mall movies and travel.

  • Free domestic and lounge visits. 

  • Good value adds benefits on Paytm First membership and a Priortiy Pass membership.  

विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?

You can apply for the Paytm Select credit card through two major methods:


1. Online:

  • Paytm App:Open the Paytm app on your phone and navigate to the "Loans & Credit Cards" section.
    Click on "Credit Card" and choose the specific Paytm Select SBI card you're interested in.
    Follow the on-screen instructions, providing your PAN and other details. Review and accept the terms and conditions, and submit your application.
    You'll receive a notification about the status of your application within a few days.

  • Bank's Website:Visit the website of the issuing bank (SBI).
    Navigate to the "Credit Cards" button  and search for the specific Paytm Select Credit Card.
    Click on "Apply Now" button and fill out the online application form.
    Submit the form and wait for the bank's response.

2. Offline:

  • Bank Branch:Visit a SBI branch express your interest in applying for the Paytm Select card.
    A bank representative will assist you in filling out the  application form and guide you through the process.
    Submit the completed application form along with the requisite documents.
    SBI will then process your application and inform you about the decision.

सम्पर्क करने का विवरण

l 1860 500 1290, 1860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)

खाता खोलने की प्रक्रिया और प्रक्रिया

विशेष विशेषता, पात्रता और लाभ

Pros:-

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Cons:-

  • Welcome Benefit: Users can enjoy a complimentary Paytm First membership and INR 750 as cashback in their Paytm wallet.

  • Reward System: Users will get 5% cashback on Paytm Mall, movies and travel. 2% cashback on all other purchases on the Paytm app. 1% cashback on any other spends across millions of offline and online stores.

  • Users will get a free cyber fraud insurance cover of INR 2,00,000 on your Paytm SBI Card Select.

  • Milestone Benefit: Users can get INR 2000 worth of vouchers on achieving retail spending of INR 4 Lakhs in a year. INR 4000 voucher on achieving retail spends of INR 6 Lakhs in a year.

  • Free Priority Pass worth US $99 for the first two years of cardholder membership.

  • Free 4 domestic lounge visits (Limited to 1 per quarter).




  • Low cashback rate.

  • No free movie tickets. 

USP of the card is 5% cashback on Paytm Mall, movies and travel. It also offer great value add benefits such as: 4 free domestic lounge visits and free priority pass membership.

Paytm SBI Card Select Review

Abhijeet Saxena

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 Fee (one time): INR. 1,499 + Taxes

  • Renewal Fee (per annum): INR 1,499 + Taxes.

  • Cash Advance fees: 2.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs

  • Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date. 

  • Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000  up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000. 

  • Reward Redemption Fees: INR 99/- per redemption. 

ईंधन अधिशुक्ल

1% fuel surcharge waiver for each transaction between INR 500 and INR 4,000. Maximum surcharge waiver of INR 100 per statement cycle, per credit card account.

Billing Cycle

30 Days.

फीस एवं प्रभार
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