Paytm HDFC Bank Credit Card, Rewards and Benefits, Joining Fees & Charges, Apply Online

Paytm HDFC Bank Credit Card: A dynamic partnership between HDFC Bank and Paytm, designed to elevate your credit card experience. Enjoy exclusive perks from day one with complimentary Paytm First Membership, unlocking a world of special offers within the Paytm app.

With this card, earning rewards is effortless. Receive cashback of up to 3% on Paytm app spends and 1% on all other transactions outside Paytm. Plus, reach spending milestones to earn up to Rs. 1,200 in additional cashback annually.

Priced at just Rs. 500 annually, this card offers exceptional value. Manage your finances smartly with an interest rate of 3.6% per month, or enjoy up to 50 days of interest-free credit by paying your balance in full each month.

Say goodbye to fuel surcharges with a 1% waiver on all fuel transactions at authorized stations, further enhancing your savings.

In essence, the Paytm HDFC Bank Credit Card is your gateway to seamless transactions, rewarding cashback, and exclusive perks, all wrapped in one powerful package.

Rewards and Benefits

It seems you’re describing a credit card co-branded by HDFC and Paytm, offering various benefits such as discounts on dining, cashback rewards on purchases, reward redemption options, and zero liability protection. Here’s a breakdown of the features:

Card Features:

1. Dining Discounts:
   • Up to 20% discount at partner restaurants via Dineout.
2. Rewards Rate:
   • 3% cashback on Paytm Mall, Paytm movies & mini app purchases.
   • 2% cashback on other purchases within the Paytm app.
   • 1% cashback on all other spends.
3. Reward Redemption:
   • Cashback is provided in the form of Paytm vouchers.
   • Cashpoints can be redeemed as cashback, along with other redemption options.
4. Travel Benefits: Not available.
5. Golf Benefits: Not available.
6. Lounge Access:
   • Domestic and international lounge access is not provided.
7. Insurance Benefits: Not available.
8. Zero Liability Protection:
   • Cardholders are not liable for fraudulent transactions once they report the loss of the card to the bank.

Fees & Charges

• Spend Based Waiver- Paytm HDFC Bank Credit Card, where smart spending unlocks a world of benefits. With our Spend Based Waiver feature, the usual Rs. 50 monthly fee is effortlessly waived when you spend Rs. 5,000 or more in a billing cycle.
• Rewards Redemption Fee- Enjoy the freedom of redeeming your rewards without any additional fees. Our Rewards Redemption Fee is nil, ensuring you get the most out of your hard-earned rewards.
• Foreign Currency Markup- For those globetrotting adventures, rest easy knowing that our Foreign Currency Markup is only 3.5% on all international transactions, keeping your expenses in check wherever you go.
• Interest Rates- Managing your finances is made easy with our competitive Interest Rates of 3.6% per month (43.2% per annum).
• Fuel Surcharge- 1% fuel surcharge waiver on all fuel transactions over Rs. 400, saving at the pump has never been more rewarding.
• Cash Advance Charges- Need cash on the go? Our Cash Advance Charges are transparent and fair, at 2.5% of the withdrawn amount or Rs. 500 (whichever is higher).
• Add-on Card Fee- when it comes to sharing benefits, our Add-on Card Fee is nil, allowing you to extend the perks of your Paytm HDFC Bank Credit Card to your loved ones without any extra cost.
• Experience the power of financial flexibility and rewards with the Paytm HDFC Bank Credit Card – where every spend counts towards a brighter future.

Product Details

• Introducing Paytm First membership, your gateway to exclusive rewards and benefits. As a welcome gesture, enjoy a complimentary membership upon joining. Delight in up to 3% cashback on Paytm recharge, utility payments, movie tickets, and Mini App purchases. Plus, earn up to 2% cashback on additional Paytm transactions and up to 1% cashback on retail purchases.
• But wait, there’s more! With our milestone program, you can earn cashback of up to Rs. 1,200 annually. What’s even better? Say goodbye to monthly membership fees with our spend-based waiver system. Additionally, enjoy a 1% fuel surcharge waiver, saving you up to Rs. 250 per month on fuel expenses.
• Join Paytm First today and unlock a world of rewards and savings!

Paytm HDFC Bank Credit Card Features and Benefits

The Paytm HDFC Bank Credit Card, a collaboration that brings you remarkable rewards and benefits. Let’s delve into its distinctive features:

Greetings Galore

Upon your initial transactions of Rs. 100 or more, revel in a complimentary Paytm First membership, unlocking a realm of exclusive perks beyond the ordinary offerings.

Milestone Marvels

Splurge Rs. 10,000 or more in a month and reap the rewards with a generous 1% cashback. Maximize your gains up to Rs. 100 per month, accumulating to a delightful Rs. 1,200 cashback annually.

Spend and Save

For new customers enrolled post-April 1, 2023, wave goodbye to joining fees by spending Rs. 30,000 within the initial 90 days. Renewal fees become a thing of the past upon spending Rs. 50,000 in the preceding year.

Fueling Your Savings

Enjoy a hassle-free ride with a 1% fuel surcharge waiver at all fuel stations for transactions exceeding Rs. 400. The cherry on top? A maximum waiver of Rs. 250 per billing cycle.

Cashback Conundrum

Indulge in a cashback extravaganza: 3% on Paytm Mall, Paytm movies, and Mini app purchases, 2% on selected Paytm app expenditures, and 1% on all other online and offline retail splurges. Exclusions apply: no cashback on fuel, wallet reloads, rentals, government transactions, or EMIs. Grocery cashback capped at 1000 Cashpoints monthly.

Redeem Rewards, Reap Benefits

Cashback is delivered in the form of Cashpoints, ripe for redemption against outstanding balances or indulgent treats such as flights, hotels, and more. Travel rewards capped at 50,000 points monthly, while cashback redemption maxes out at 3000 per month.

Financial Fine Print

Navigate the fee landscape: an annual fee of Rs. 500 plus taxes, a monthly interest rate of 3.6%, and a foreign currency markup fee of 3.5%. Cash advances incur a charge of 2.5% or Rs. 500 minimum.

Eligibility and Essentials

Applicants must be at least 21 years old, possess a stable income source, and boast a respectable credit score. Required documents include valid ID, address proof, and income verification.

Application Adventure

Apply with ease, either online or offline. For the latter, visit your nearest HDFC Bank branch armed with essential documents. Online applicants can follow simple steps on the website.

Verdict

The Paytm HDFC Bank Credit Card is a beacon of affordability and allure, offering a gateway to boundless rewards and unparalleled benefits. With complimentary memberships, milestone rewards, and cashback galore, every transaction becomes a triumph.

Paytm HDFC Bank Select Credit Card Review

• The Paytm HDFC Bank Credit Card, a stellar cashback offering that merges affordability with enticing perks. Gain access to a complimentary Paytm First membership, elevating your Paytm app experience with amplified rewards and exceptional privileges. With guaranteed cashback on virtually all transactions (excluding a select few non-retail dealings), every swipe becomes an opportunity to save.
• This card emerges as a top contender for individuals who frequently utilize the Paytm app and seek a budget-friendly credit card loaded with benefits. Whether you’re a seasoned Paytm user or just exploring its potential, the Paytm HDFC Bank Credit Card promises unparalleled value with every purchase.
• Feel free to share your thoughts and queries about the Paytm HDFC Bank Credit Card in the comments section below. We’re here to address any concerns you may have regarding fees, charges, or the multitude of benefits this card offers!