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Paytm SBI Card SELECT

SBI Card

Paytm SBI Card SELECT — card image from the issuer's official page

Annual / renewal fee

₹1,499.

Verifiedharvested from product page5 Aug 2026, 12:30 AM ISTSBI Card

Earn rate

  • 5% Valueback on all Travel, Movies and Mall purchases through Paytm App.
  • 2% Valueback on all other purchases through Paytm App.
  • 1% Valueback everywhere else.
  • 1% Valueback on all UPI transactions.
  • Valueback earned as Reward Points on minimum transaction size of ₹100 each.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

View on official site →

This is the issuer's own page for this card. We earn nothing from this link.

You'll land on the issuer's official application portal at sbicard.com — if a different card is shown first, use its card selector to pick this one.

Source-traced to issuer Verified 2026-08-04
View on official site →

This is the issuer's own page for this card. We earn nothing from this link.

You'll land on the issuer's official application portal at sbicard.com — if a different card is shown first, use its card selector to pick this one.

Overview

Paytm SBI Card SELECT by SBI Card. Facts on this page are extracted and verified automatically from official issuer documents.

Fees

Joining fee

Confirm on the official page

Official source not yet captured

Annual / renewal fee

₹1,499.

Verifiedharvested from product page5 Aug 2026, 12:30 AM ISTSBI Card

Fee waiver

Renewal fee of ₹1,499 waived off on annual spends of ₹2 Lakh or more in the preceding year.

VerifiedSBI Card – Most Important Terms & Conditions (MITC) – Common to all cards5 Aug 2026, 12:30 AM ISTSBI Card

Renewal fee

₹1,499 (Waived off on annual spends of ₹2 Lakh or more in the preceding year).

VerifiedSBI Card – Most Important Terms & Conditions (MITC) – Common to all cards5 Aug 2026, 12:30 AM ISTSBI Card

Rewards

  • 5% Valueback on all Travel, Movies and Mall purchases through Paytm App.
  • 2% Valueback on all other purchases through Paytm App.
  • 1% Valueback everywhere else.
  • 1% Valueback on all UPI transactions.
  • Valueback earned as Reward Points on minimum transaction size of ₹100 each.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM IST

Reward cap

  • Reward Points can only be accumulated for a period of 24 months from the date of accrual under the rewards program.
  • Any points not used by the end of 24 months shall lapse and be forfeited.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Reward exclusion

Wallet Load (Paytm or any other App)fuel spends (MCC 5172554155425983)Balance TransfersBalance Transfers on EMICash advancesEasymoneyEncashDial a DraftATM Withdrawalsfinancial chargese-Wallet loading (MCC 6540/6541)purchases at petrol pumps/service stationsand any charge prior to enrollment. W.e.f. 9th March 2026accrual on School & Education spends (MCC 51115192594259435947821182208241824482998351) discontinued

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Travel & lounge

Lounge access

  • Domestic lounge: 4 domestic lounge accesses in a year, capped at 1 access per quarter.
  • International (Priority Pass): standard Priority Pass membership provided to primary cardholder.
  • NO complimentary visits - visit and guest charges of USD 27 + applicable taxes per visit for domestic Priority Pass lounges (within India), international Priority Pass lounges (within India), and international Priority Pass lounges (outside India).
  • Priority Pass membership fee complimentary for first two cardholder membership years.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Dining, golf, concierge, insurance, milestones & welcome

Welcome benefit

  • Welcome benefit worth ₹750 (in the form of Reward Points) provided upon card activation i.e. completion of one settled retail transaction on card account.
  • The Super Saver Membership and ₹750 Valueback are awarded within 30 working days of first transaction settlement.
  • Threshold: card activation via one settled retail transaction.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Dining benefit

  • Complimentary Super Saver Membership (Paytm First Membership) provided upon card activation (post first settled retail transaction).
  • Valid for 12 months from date of activation, auto-renews annually.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Insurance

  • Cyber Fraud Insurance: Paytm SBI Card SELECT Cardholders are covered up to ₹2,00,000 of financial loss incurred due to fraudulent usage of the Credit Card.
  • Insured by Oriental Insurance Company Ltd. Claims should be reported within 45 days from fraud transaction date.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Milestone benefit

  • Milestone gift voucher of ₹2,000 on achieving annual milestone retail spends of ₹4 Lakhs, and ₹4,000 on achieving annual milestone retail spends of ₹6 Lakhs for the eligible year.
  • EGV options worth ₹2,000 and ₹4,000: Hush Puppies/Bata and Pantaloons.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Eligibility

Eligibility

Add-on cards may be issued to spouse, parents, siblings and children over 18 years of age.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Charges & interest

Forex markup

  • Foreign Currency Transaction Fee: 3.5%.
  • Dynamic Currency Conversion Fee: 3.5% (charged on transactions >= ₹1,000 carried out in Indian Currency at an international location or at merchants located in India but registered overseas).
  • Neither fee reversed on transaction refunds.

VerifiedSBI Card – Most Important Terms & Conditions (MITC) – Common to all cards5 Aug 2026, 12:30 AM ISTSBI Card

Charge

  • Finance Charges: up to 3.75% p.m. (45% p.a.) for unsecured cards.
  • Minimum Finance Charge ₹25.
  • Cash Advance Fee: 2.5% of transaction amount, minimum ₹500 (domestic & international ATMs).
  • Cash Payment Fee: ₹250 + taxes.
  • Cheque Payment Fee: ₹200.
  • Payment Dishonor Fee: 2% of payment amount, minimum ₹500.
  • Late Payment Charges: Nil up to ₹100.
  • ₹100 (>₹100-₹500).
  • ₹500 (>₹500-₹1,000).
  • ₹750 (>₹1,000-₹10,000).
  • ₹950 (>₹10,000-₹25,000).
  • ₹1,100 (>₹25,000-₹50,000).
  • ₹1,300 (>₹50,000).
  • Additional ₹100 late payment charge on missing MAD for two consecutive cycles.
  • Overlimit Fee: 2.5% of overlimit amount or ₹600, whichever higher.
  • Card Replacement Fee: ₹100-₹250 (₹1,500 for Aurum).
  • Cheque Payment Fee ₹200.
  • Dynamic Currency Conversion Fee 3.5%.
  • Rewards Redemption Fee ₹99.
  • Processing Fee on all Rent Payment Transactions ₹199.
  • Utility Payments Fee (w.e.f. 1st Dec 2024): 1% of total Utility Payments if total exceeds ₹50,000 in a billing cycle.
  • Fee on Education Payments (w.e.f. 1st Nov 2025): 1% on payments via third-party apps.
  • Fee on Wallet Load (w.e.f. 1st Nov 2025): 1% of transaction amount on every wallet load exceeding ₹1,000.
  • Lounge Charges: up to USD 27 per visit + taxes.

VerifiedSBI Card – Most Important Terms & Conditions (MITC) – Common to all cards5 Aug 2026, 12:30 AM ISTSBI Card

Fuel surcharge waiver

  • 1% Fuel Surcharge waiver for each transaction between ₹500 and ₹4000.
  • Maximum Surcharge waiver of ₹250 per statement cycle, per credit card account.
  • Applicable for MCCs 5172, 5541, 5983.

VerifiedPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)5 Aug 2026, 12:30 AM ISTSBI Card

Interest-free period

Interest free credit period could range from 20 to 50 days, subject to submission of claims by the merchant (applicable only on retail purchases and if previous month's outstanding balance is paid in full).

VerifiedSBI Card – Most Important Terms & Conditions (MITC) – Common to all cards5 Aug 2026, 12:30 AM ISTSBI Card

Transfers

Not published in the official documents on file — see the official T&C link below.

Common questions

What is the annual fee on the Paytm SBI Card SELECT?

Officially traced: Rs. 1,499.

harvested from product page

Is the Paytm SBI Card SELECT annual fee ever waived?

Renewal fee of Rs. 1,499 waived off on annual spends of Rs. 2 Lakh or more in the preceding year.

SBI Card – Most Important Terms & Conditions (MITC) – Common to all cards

How does the Paytm SBI Card SELECT earn rewards?

5% Valueback on all Travel, Movies and Mall purchases through Paytm App; 2% Valueback on all other purchases through Paytm App; 1% Valueback everywhere else; 1% Valueback on all UPI transactions.

Paytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)

What lounge access does the Paytm SBI Card SELECT include?

Domestic lounge: 4 domestic lounge accesses in a year, capped at 1 access per quarter.

Paytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)

What welcome benefit does the Paytm SBI Card SELECT offer?

Welcome benefit worth Rs. 750 (in the form of Reward Points) provided upon card activation i.e. completion of one settled retail transaction on card account.

Paytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)

What are the transfer ratios for Paytm SBI Card SELECT points?

Transfer ratios are not shown here as a confident value. Confirm the current ratio in your issuer account before transferring.

What is one point on the Paytm SBI Card SELECT worth?

Point value varies by award, route and partner programme, so this page does not publish a rupees-per-point figure.

Other verified details

Not published in the official documents on file — see the official T&C link below.

Official documents & verification

Official issuer pageharvested from product pageSBI Card – Most Important Terms & Conditions (MITC) – Common to all cardsPaytm SBI Card SELECT – Terms & Conditions Booklet (incl. Rewards Program Terms)

Official terms

https://www.sbicard.com/en/personal/credit-cards/travel/paytm-sbi-card-select.page.

VerifiedPaytm SBI Card SELECT product page5 Aug 2026, 12:30 AM ISTSBI Card

Verified 2026-08-04 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.

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