SBI Card
Paytm SBI Credit Card Select
Annual Fee
₹1,769₹1,499 + GSTBase Reward
1% cashback
Foreign Markup
3.5% of the total transaction value.
Welcome Benefits
Get a Complimentary Paytm First Membership and welcome cashback of ₹750 upon activation.
Product Highlights
- Complimentary Paytm First Membership on card activation
- Welcome Cashback of ₹750 upon activation
Merchant-Specific Rewards
Paytm Mall
5% Cashback on Paytm Mall, movies, utilities, Paytm-routed merchants
Paytm Movies
5% Cashback on Paytm Mall, movies, utilities, Paytm-routed merchants
Paytm Utility bills
5% Cashback on Paytm Mall, movies, utilities, Paytm-routed merchants
Paytm
5% Cashback on Paytm Mall, movies, utilities, Paytm-routed merchants
Reward Calculator
Earns ₹2,431/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
₹4.2K
direct cashback
₹4.2K
via direct credit
Effective rate
2.69%
Annual fee
₹1,769
Year 1 net
+₹2,431
Year 2+ net
+₹2,431
ongoing
Adjust your spend by reward bucket
2 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, balance transfer, cash advance, emi, insurance, jewelry, education, railways, wallet
Fuel surcharge waiver (good news)
1%on ₹500–₹4,000 fuel txns · capped at ₹250/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
5% cashback on Paytm Mall, Movies, Travel; 2% cashback on all other purchases on Paytm App; 1% cashback on other online and offline spends.
Redemption
Cashback can be redeemed automatically as Paytm Gift Voucher Balance.
Benefits & Features
Domestic: 4 complimentary visits per year (Capped to 1 visit per quarter.) International: Complimentary Priority Pass worth US $99 for 2 years (Available under the International Lounge Program.) Full lounge access description not provided.
Pros & Cons
Pros
- 5% cashback on Paytm Mall, Movies, Travel
- 2% cashback on all other purchases on Paytm App
- 1% cashback on other online and offline spends
Cons
- Annual fee of ₹1,499 + GST
- Redemption fee of ₹99
Additional Info
Card is accepted worldwide at over 24 million outlets
Can be used for utility bill payments through Easy Bill Pay facility
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
18 yrs
Networks