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Paytm SBI Card

Entry Paytm card with cashback on all Paytm transactions

Co-brandedPaytmEntry LevelCashback
Apply Now — Official SBI Card Site ↗
Joining Fee
₹499 + GST
Annual Fee
₹499 + GST
Reward Rate
3% Paytm Mall/Movies/Travel; 2% other Paytm; 1% others
Lounge Access
None
Forex Markup
3.5%
Fuel Waiver
1% surcharge waiver
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Key Features & Benefits
  • 3% cashback on Paytm Mall, Movies & Travel via Paytm App
  • 2% cashback on all other Paytm App transactions
  • 1% cashback on all other online and offline spends
  • Paytm First membership complimentary
  • Annual fee waiver on ₹50,000 spend
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Welcome & Joining Benefits
  • Complimentary Paytm First membership on card activation
Milestone Benefits
  • ₹50,000 annual spend → ₹499 fee waived
Pros & Cons

✓ Advantages

  • Very affordable — ₹499 fee waived easily
  • Good entry card for Paytm users
  • Paytm First membership adds value

✗ Disadvantages

  • Lower cashback rate than SELECT (3% vs 5%)
  • No lounge access
  • 3.5% forex
Frequently Asked Questions
Standard vs SELECT Paytm SBI card?
SELECT gives 5% (vs 3%) on Paytm, Priority Pass, and milestone vouchers for ₹1,499. Standard is for light Paytm users at ₹499. Spend ₹3,000+/month on Paytm? SELECT pays off in 2 months of extra cashback.
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