Paytm SBI Card

Renewal fee

₹499 a year.

Joining fee

₹499 to join.

Fee waiver rule

Spend based renewal fee is reversed within 30 days from the annual fee charged date

Add-on card fee

₹0

Welcome benefit

Enjoy complimentary Paytm First Membership.

Reward rate

1% cashback · everyday spends1% Cashback on any other spends across millions of offline and online stores.

Travel earning

3% Cashback on Paytm Travel.

Reward exclusions

Reward Points will not be applicable for spends done on any Wallet Load (Paytm or any other App) as well as fuel spends.

Catalogue redemption

1 Reward Point = Re. 1.

Point expiry

Reward Points, if not redeemed within this period, will expire and be forfeited on the last day of the 24th month

Milestone benefits

Also, Paytm SBI Cardholders are eligible for a complimentary Super Saver Membership on renewal on achieving annual milestone retails spends of ₹1 Lakh.

Fuel surcharge waiver

Enjoy a 1% fuel surcharge waiver on every transaction between ₹500 and ₹3,000 at all petrol pumps across India.

Lost card liability

Get Cyber Fraud Insurance cover of ₹1,00,000.

Add-on card eligibility

Add-on card for your spouse, parents, siblings and children over 18 years of age.

Balance transfer terms

Low interest rate options on Balance Transfer on EMI facility.

Purchase to EMI conversion

Flexible EMI payment options of 3, 6, 9 & 12 months.

Forex markup

3.5% on foreign currency transactions.

Dynamic currency conversion markup

3.5%

Cash advance fee

2.5% or ₹500 whichever is higher (domestic & international ATMs)

Cash withdrawal limit

₹15,000 per day on ATM Withdrawals, subject to Cash Advance Limit availability

Interest on unpaid balance

3.75% p.m. (45% p.a.) for unsecured cards.

Interest-free period

Interest free credit period could range from 20 to 50 days

Late payment fee

Nil to ₹1,300 by amount due (₹1,300 above ₹50,000)

Over-limit fee

2.5% of Overlimit Amount (subject to a minimum of ₹600). Overlimit Fee will not be reversed in case of transaction reversal / cancellation / refund.

Payment return or dishonour fee

2% of payment amount (subject to a minimum of ₹500)

Statement or duplicate statement fee

Duplicate monthly statements are provided only for a period of six months preceding the request and are subject to a service charge

Card replacement fee

₹100 - ₹250

Cash payment / cash deposit fee

₹250

Cheque payment / dishonour fee

Cheque Payment Fee: ₹200

Education / school fee charge

Fee on Education Payments^ : W.e.f 1st Nov 2025, 1% of the transaction amount applicable on Education Payments made through third-party apps

EMI conversion fee

1% of the booking amount or ₹2,000 whichever is less.

Foreign ATM fee

2.5% of transaction amount (subject to a minimum of ₹500) at International ATMs

Reward redemption fee

Rewards Redemption Fee: ₹99+ applicable taxes.

Wallet load charge

Fee on Wallet Load^^^ : W.e.f 1st Nov 2025, 1% of the transaction amount. Applicable on every wallet load transaction exceeding ₹1,000

What the card's fee or benefit year means

Annual fee is levied upon opening of the Card Account and then annually during the month in which the Card Account was originally opened.

Rent transaction fee

₹199

Utility transaction fee

If the sum of all Utility Payments in a billing cycle exceeds ₹50,000, then a Utility Payments Fee of 1% will be charged on the total amount of Utility payments made in that billing cycle.

GST note

Other than “Haryana” - Integrated Tax @ 18%

Grace days after the due date

Grace period of 3 days is allowed from the payment due date on credit card accounts, where payments are not overdue from previous billing cycle (s)

Minimum amount due

100% of GST + 100% of EMI amount + 100% of Fees/Charges + 100% of finance charges + Overlimit Amount (if any) + 2% of remaining balance outstanding

Minimum age

Minimum 21 years