HDFC Bank Paytm Select Credit Card

Annual feeJoining fee

₹1,000 + GST

Fee waiver rule

Renewal year fee waived upon spending ₹1,50,000 in a year.

Add-on card fee

₹0Lifetime Free

Welcome benefit

₹750 welcome cashback

Reward rate

1% cashback · everyday spends1% CashPoint on all other retail transactions.

EMI spend earning

CashBack is not applicable for wallet loads, fuel spends, EMI spends, rental spends and education spends.

Groceries earning

3% CashPoints on Swiggy, AJIO, Big Basket & Uber.

Online earning

5% CashPoints on purchases on Paytm [Recharge + Utility + Travel + Movies + Mini App]

Rent earning

No CashBack on rental and educational spending.

Travel earningUtilities earning

5% CashPoints on purchases on Paytm [Recharge + Utility + Travel + Movies + Mini App], Max. Cap per Calendar Month — 1500 Cashpoints

Reward exclusions

CashBack is not applicable for wallet loads, fuel spends, EMI spends, rental spends and education spends

Reward caps

5% CashPoints on purchases on Paytm [Recharge + Utility + Travel + Movies + Mini App] Max. Cap per Calendar Month — 1500 Cashpoints; 3% CashPoints on Swiggy, AJIO, Big Basket & Uber. Max. Cap per Calendar Month — 500 Cashpoints; 1% CashPoint on all other retail transactions Max. Cap per Calendar Month — 2000 Cashpoints

Cashback redemption

CashPoints can be redeemed as CashBack along with other redemption categories.

Catalogue redemption

70% points + 30% minimum pay system for redemption of points on select categories only

Flight redemption

Capped at 50,000 reward points per calendar month.

Hotel redemption

For flight and hotel bookings, Credit Card members can redeem up to a maximum of 70% of the booking value through Reward Points /CashPoints.

Redeeming points for travel

Redemption on travel Reward Points is capped at 50,000 points per month.

Point expiry

Reward Points /CashPoints are valid only for 2 years from the date of accumulation

Domestic lounge access

8 complimentary accesses to Domestic Airport Lounges in a calendar year.

Dining programme

Up to 20% discount on partner restaurants via Dineout

Milestone benefits

Gift Vouchers worth ₹500 upon spending ₹50,000 every Calendar Quarter.

Fuel surcharge waiver

1% fuel surcharge waived off on fuel transactions up to ₹500 per statement cycle; Minimum Transaction – ₹400

Surcharge on railway tickets

1% + GST will be charged on Railway Ticket Purchases

Lost card liability

The cardmember is wholly liable for all transactions prior to reporting the loss of the card; after the bank receives proper notification of the loss, the cardmember's subsequent liability is zero.

Balance transfer terms

Balance Transfer Processing Charges: 1%.

Forex markup

3.5% on foreign currency transactions.3.50% of transaction value

Dynamic currency conversion markup

With effect from 15th May 2026, a Markup fee of 1 .75 % will be levied on all transactions carried out in Indian Currency at an international location or at merchants which are located in India but registered overseas

Cash advance fee

2.5% or ₹500 whichever is higher.

Cash advance interest

All cash advances also carry a finance charge equal to charges on revolving credit, from the date of withdrawal until the date of full payment

Cash withdrawal limit

Cash withdrawal limit: 40% of the Credit Limit.

Interest on unpaid balance

3.75% per month (i.e., 45% per annum)

Interest-free period

Up to 50 days

Late payment fee

Nil to ₹1,300 (excl. GST), by bill amount

Over-limit fee

Over-limit charge of 2.5% of the overlimit amount, subject to a minimum of ₹550, applicable on total outstanding exceeding the credit limit, basis explicit consent

Payment return or dishonour fee

2% of Payment amount subject to minimum of ₹450 (applicable for cheque payment return or unsuccessful payment attempt through Autopay facility)

Statement or duplicate statement fee

Duplicate physical statement charges: ₹10 per duplicate physical statement.

Card replacement fee

₹199 for non-metal cards; ₹3,500 for metal cards (reissue of lost, stolen or damaged card)

Cash payment / cash deposit fee

Cash Processing Fee: ₹100 (for all card payments made by depositing in HDFC Bank branches or ATMs)

Education / school fee charge

1% fee on education transactions done through third party applications like (but not limited to) CRED, Nobroker, Cheq etc., capped at ₹4999 per transaction; education transactions done directly through college / school websites or through POS machines at their premises, and international education transactions, will not be charged.

EMI conversion fee

Smart EMI processing fee upto ₹849 (exclusive of GST for all loan amounts), depending on the customer’s eligibility/offer details; EasyEMI processing fee: an EMI processing fee of upto ₹299 for customers availing EMI facility at merchant

Fee on online skill-based gaming spends

From 1st July 2025, 1% fee on online skill-based gaming spends exceeding ₹10,000 in a calendar month; fee applied on the total online skill-based gaming spends in the calendar month; fee capped at ₹4999 per month

Foreign ATM fee

Cash from ATMs in India or abroad: transaction fee of 2.5% or ₹500, whichever is higher, levied on the amount withdrawn and billed in the next statement.

Reward redemption fee

₹99 + GST per catalogue redemption request

Wallet load charge

From 1st July 2025, 1% fee on wallet loading spends (excl PayZapp) exceeding ₹10,000 in a calendar month; fee applied on the total wallet loading spends in the calendar month; fee capped at ₹4999 per month

Fuel transaction fee

1% fee on fuel transactions exceeding ₹15,000 for consumer cards (₹30,000 for business cards), applied on the total transacted amount; fee capped at ₹4999 per transaction.

Rent transaction fee

1% fee on transaction amount will be levied on rental transactions done on any applicable merchant for the month. Fee capped at ₹4999 per transaction.

Utility transaction fee

1% fee on utility spends exceeding ₹50,000 per calendar month for consumer cards (₹75,000 per calendar month for business cards), applied on the total utility spends in a calendar month; fee capped at ₹4999 per month.

GST note

Goods & Services Tax (GST) is applicable on all Fees, Charges, and Interest transactions (effective July 01 2017)

Minimum amount due

Total GST + EMI amount + 100% of Fees/Charges + 5% of (Finance Charge + Retail Spends + Cash Advance); if that 5% is less than the Finance Charge, 100% of Finance Charges + 5% of (Retail Spends + Cash Advance); plus Overlimit Amount (if any)

Age the primary cardholder must be

21 - 65 years

Income, salaried

Monthly Income > ₹30,000

Income, self-employed

Annual ITR > ₹60,000

Documents required

Identity Proof: Passport, Aadhaar card, Voter ID, Driving licence, PAN card, Passport size photographs; Address Proof: Utility bills, Rental agreement, Passport, Aadhaar card, Voter ID; Income Proof: ITR, GST Returns, Bank Statements, Merchant Payment Report

Residency

Nationality: Indian