Paytm SBI Card Review – As per its name, it mainly focuses to provide Unlimited cashback for using PAYTM App. It could be a beneficial card for those who regularly use the Paytm app. it enables the cardholder to get up to 3% Cashback on Paytm Mall, Movies, and Travel. Furthermore, it offers unlimited 2% cashback on your day-to-day purchases through Paytm App.
Apart from Paytm app transactions, it also allows earning 1% Cashback on everywhere else online or Offline purchases.
As a Welcome gift on activation, it offers benefits up to ₹75,000 with a complimentary Paytm First Membership Program worth ₹899. Moreover, it also allows you to get fuel savings of ₹100 per statement cycle via a 1% Fuel Surcharge waiver for each transaction between ₹500 and ₹3000.
Milestone Gifts and Vouchers
On achieving the milestone of retail spending of ₹1 lakh within a year, it offers an e-Voucher for renewal of Paytm First Membership As a Milestone Gift, the Paytm First Membership e-Voucher will be awarded within 30 working days.
Privileges on Paytm SBI Card
It comes with a lot of additional features and Privileges –
Cyber Fraud Insurance protection – Get Insurance protection coverage up to 1 lakh on any Cyber Fraud and financial loss incurred due to fraudulent usage on your Paytm State Bank of India Credit Card.
Fuel Surcharge Waiver – On Each fuel purchasing transaction between ₹500 and ₹3000 Across any fuel station in India, it offers Max. up to ₹100 Per statement cycle fuel savings via a 1% Fuel Surcharge waiver benefit.
Add-on Cards – It supports the Add-On Cards feature to offer a lot of benefits and empower your family members.
Balance Transfer on EMI – SBI Offers a Balance Transfer on EMI feature to Transfer your other bank credit card’s outstanding balance to your SBI Paytm Credit card to get the benefit of a lower rate of interest.
FlexiPay Feature – Again, one of the most popular features launched by the State bank of India, The FlexiPay EMI Payment Method, it allows converting your big purchases of ₹2500 or more into easy monthly installments.
In App Additional Features – You can control your paytm card and use all Spend Analyzer, Smart Spend Control & One Tap Lock / Unlock and Convenient Card Re-issue features
The Annual and joining charges on Paytm SBI Card
The Joining membership fee On Paytm SBI Credit Card has ₹499 + GST Taxes which is a One-Time Payment. Furthermore, it has a Renewal Fee which will be ₹499 + GST Taxes that you must have to pay every year to renew the card.
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