Paytm SBI Rupay Credit Card – features, benefits and disadvantages

Money Talks –

Paytm and SBI have come together to introduce the Paytm SBI Rupay Credit Card, offering cardholders a host of advantages. In this comprehensive guide, we’ll explore eligibility requirements, necessary documentation, key features, and the simple steps to apply online for this credit card.

Joining Fees – 499 Rs

Annual Fees – 499 Rs

Paytm SBI Rupay Credit Card Cashback Benefits

• 3% Cashback on PayTM Mall, PayTM Movies and PayTm Travel
• 2% Cashback on all purchase on PayTm app
• 1% cashback – Elsewhere (Online or Offline)

T&C – Min Transaction – Rs 100

QR based transaction done will give you 1% Cashback, Not 2%

Cashback will be credited as PayTM Gift Voucher Balance, This gift voucher balance can be easily added to Paytm wallet and can be easily used anywhere.

Cyber Fraud Insurance

Rs 1 Lakh Insured under Cyber Fraud. This protection is insured by ICICI lombard general insurance company ltd

Fuel Surcharge Waiver

1% Fuel Sur Charge waiver (Min Rs 500- Max Rs 3000) Transaction

Max Waiver Rs 100 Per Month

Paytm SBI Rupay Credit Card Eligibility Criteria and Documentation

To begin the application process for the SBI Paytm credit card, ensure you meet the following eligibility criteria:

• Minimum age of 21 years
• Salaried or self-employed
• Minimum annual income of ₹1 Lakh

The following documents must be submitted:

• 2 passport-size color photos
• PAN card
• Aadhaar card
• Salary slips, bank statements for the last 3 months, and ITR

How to Apply for Paytm SBI Rupay Credit Card

Applying for the SBI Paytm credit card is a straightforward process:

1. Download and install the Paytm app on your smartphone.
2. Log in using your phone number and OTP.
3. Navigate to the ‘Credit Cards’ section under ‘Loans & Credit Cards.’
4. Click ‘Check Eligibility and Apply.’
5. Complete the application details and submit.
6. If eligible, proceed to complete the application.