Apply Now

Paytm SBI Card SELECT

The Paytm SBI Card SELECT offers 5% reward points on all Paytm spends, making it ideal for frequent users. Cardholders receive a complimentary Paytm First Membership and enjoy 4 domestic lounge visits annually. The first-year fee is ₹1,499 plus applicable taxes, combining rewards, convenience, and lifestyle perks.

Paytm SBI Card SELECT

About Paytm SBI Card SELECT

This co-branded credit card is designed for frequent digital platform users, offering up to 5% value-back on select online spends. Rewards are credited as points, which can be redeemed at a 1:1 ratio, providing a simple and flexible way to maximize returns. Cardholders earn enhanced rewards on entertainment, travel bookings, and platform-specific shopping, while standard rewards are available on other digital transactions and offline spends, ensuring consistent benefits across all purchases.

The card also provides lifestyle perks, including four complimentary domestic airport lounge visits annually and access to priority services. New cardholders receive a welcome membership and bonus reward points to kickstart their benefits. Those who maintain higher annual spends can unlock milestone rewards in the form of vouchers, further enhancing the value proposition. Overall, this card is suited for users who frequently transact digitally and want a combination of rewards, lifestyle perks, and occasional travel benefits.

Sign-Up Benefits & Loyalty Program

Sign-Up Perks

  • Get a free 12-month premium membership on activation of the card.

  • Earn 750 loyalty points (equivalent to Rs. 750) instantly upon card activation.

Loyalty Rewards Program

  • Earn 5% back in points on online shopping, entertainment, and travel bookings.

  • Receive 2% points on other digital payments.

  • Get 1% points on all other purchases across different categories.

  • Redeem points at a 1:1 value, where 1 point equals Rs. 1.

Travel & Lifestyle Benefits

Complimentary Lounge Access

  • Enjoy 4 free domestic airport lounge visits annually (maximum 1 per quarter).

  • Complimentary Priority Pass membership for the first two years (valued at $99).

Milestone Rewards

  • Earn a Rs. 2,000 voucher from leading brands on annual spends of Rs. 4 Lakh.

  • Receive a Rs. 4,000 brand voucher on annual spends of Rs. 6 Lakh.

Fuel Benefits

  • Get a 1% waiver on fuel surcharge for transactions between Rs. 500 and Rs. 3,000, capped at Rs. 250 per month.

Annual Fee Waiver

  • Waive your annual fee by spending Rs. 2 Lakh in a year.

Insurance Protection

  • Coverage of Rs. 2 Lakh against cyber fraud and online payment threats.

Paytm SBI Card SELECT Reward Points & Cashback Calculator

Reward Points Calculator

Paytm SBI Card SELECT: Fees & Charges

Particulars Amount
Joining Fee Rs. 1,499 + Applicable Taxes
Annual Fee Rs. 1,499 + Applicable Taxes
Finance Charges 3.75% p.m. (45% p.a.)
Late Payment Charges
For outstanding balance:
Up to Rs. 500 Nil
More than Rs. 500 up to Rs. 1,000 Rs. 400
More than Rs. 1,000 up to Rs. 10,000 Rs. 750
More than Rs. 10,000 up to Rs. 25,000 Rs. 950
More than Rs. 25,000 up to Rs. 50,000 Rs. 1,100
More than Rs. 50,000 Rs. 1,300

Important Points Before Applying

This Card is Ideal For:

  • Individuals who frequently shop online or book movies and travel digitally.

  • Regular travelers who want basic airport lounge access.

  • Cardholders looking to earn faster rewards on utility bills and insurance payments.

  • Those who can spend around Rs. 6 Lakh annually to unlock milestone rewards worth Rs. 6,000 in brand vouchers.

Steps to Close Paytm SBI Card SELECT

If you want to permanently close your Paytm SBI Card SELECT, SBI provides both online and offline methods to make the process simple and secure.

  1. Choose Your Preferred Method

    You can request card closure using any of these options:

    a) Customer Care Call

    • Call the helpline: 📞 1860 180 1290

    • Or dial 📞 3902 0202 (prepend your local STD code if required)

    • Ask the customer care executive to close your Paytm SBI Card SELECT.

    b) Written Request

    • Draft a formal letter requesting the closure of your card.

    • Send it to: SBI Card, PO Bag 28, GPO, New Delhi – 110001

    • Include in the letter:

      • Your full name

      • Registered address

      • Credit card number (last 4–6 digits)

      • Contact details (phone/email)

  2. Verify Your Identity:-
    • The bank may ask for basic information linked to your account to confirm your identity before processing the closure request.
  3. Clear All Pending Dues:-
    • Ensure all outstanding balances are paid. Make sure there are no pending EMIs, fees, or charges.
    • Closure will only proceed when your account balance is zero.
  4. Wait for Confirmation:-
    • Once your request is submitted and verified, SBI will process the card closure.
    • You will receive confirmation via SMS, email, or phone call.
    • Keep this confirmation safely for future reference.
  5. Destroy the Card:-
    • After initiating the closure, cut your card diagonally through the chip and magnetic strip.
    • This prevents any potential misuse of the card.

Important Points to Remember

  • Never share sensitive details like CVV or PIN during calls or in letters.

  • Any add-on cards linked to the main card will automatically be cancelled.

  • Stop using the card immediately after submitting the closure request.

After Closure

  • Check your credit report after a few weeks to ensure your card status shows as “closed.”

Paytm SBI Card SELECT Helpline Number

If you need help with your Paytm SBI Card SELECT, SBI Card’s customer support team is available to assist with billing, payments, rewards, and other credit card services.

SBI Credit Card Customer Care Numbers

📞 1860 180 1290
📞 3902 0202 (Add your local STD code before dialing)

These numbers are available for general credit card support such as billing queries, payments, card blocking, and account-related assistance.

Email Support

📧 customercare@sbicard.com

You can send your queries or service requests using your registered email ID for faster resolution.

Services Available

  • Credit card billing and payment assistance

  • Card blocking in case of loss or theft

  • Reward points and offer-related queries

  • Account and transaction support

  • Credit card closure or service requests

Before You Contact Support:- Keep the following details ready:

  • Registered mobile number

  • Last few digits of your credit card

  • Basic personal details for verification

Important Note

  • Never share sensitive details like OTP, PIN, or CVV with anyone

  • Always use official SBI Card contact channels to avoid fraud

FAQs

I am an Indian citizen and travel frequently abroad. Can I apply for this credit card?

Yes, Indian residents can apply for this card. It is recommended to check with the card issuer for detailed eligibility rules, especially if you spend a lot of time overseas.

No. Purchases on travel, movies, and select online shopping platforms earn higher rewards, while other digital transactions earn moderate rewards. General spends outside these categories earn standard rewards.

Yes, you can pay electricity, water, mobile, and other utility bills through supported digital platforms and earn rewards. Some card programs also offer additional bill pay facilities for convenience.

Yes, cardholders can enjoy a limited number of domestic lounge visits per year. Some cards also include complimentary membership for a lounge access network for the first few years. International lounge visits may not be included.

Applications can typically be completed online through the issuer’s official portal or mobile app. Required documents must be submitted digitally or in person at a branch, depending on the application method.

No, rewards are usually not offered on certain transactions such as wallet top-ups, fuel, rent, or government payments.