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Paytm SBI Card

The Paytm SBI Card offers rewards and convenience for everyday spending. Earn 3% reward points on Paytm transactions and 1% on all other spends. New users receive a complimentary Paytm First Membership. The card comes with a low first-year fee of ₹499 plus applicable taxes, making it ideal for frequent digital shoppers.

Paytm SBI Card

About Paytm SBI Card

This entry-level, co-branded credit card is designed for everyday digital spending. Cardholders earn 3% reward points on Paytm Mall, movies, and travel transactions, 2% on other Paytm spends, and 1% on all non-Paytm purchases. Rewards can be redeemed at a value of 1 point = Rs. 1.

As a welcome perk, the card provides a complimentary digital membership, which can be renewed annually by spending Rs. 1 lakh—a milestone easily achievable for moderate spenders. While it does not include an annual fee waiver or dining discounts, the membership benefit offers significant value. This card is ideal for users who frequently shop and pay via the digital platform and are seeking a simple, entry-level credit card with practical rewards.

Welcome Perks & Loyalty Rewards

Welcome Perk

  • Enjoy a complimentary 1-year premium membership upon card activation.

Loyalty Rewards

  • Earn 3% reward points on online marketplace, travel, and entertainment purchases.

  • Get 2% reward points on other platform-related spending.

  • Earn 1% reward points on all other transactions.

  • Redeem your points at a rate of 1 point = ₹1.

Additional Features & Advantages

Milestone Reward

  • Get a complimentary renewal of your premium membership upon spending ₹1,00,000 in a year.

Fuel Charge Waiver

  • Enjoy a 1% waiver on fuel surcharges for transactions between ₹500 and ₹3,000, up to ₹100 per month.

Insurance Protection

  • Receive cyber fraud protection coverage up to ₹1,00,000.

Paytm SBI Card Reward Points & Cashback Calculator

Reward Points Calculator

Paytm SBI Card: Fees & Charges

Particulars Amount
Joining Fee Rs. 499 + Applicable Taxes
Annual Fee Rs. 499 + Applicable Taxes
Financial Charges 3.75% p.m. (45% p.a.)
Late Payment Charges
For outstanding amount of –
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

Who Should Consider This Card

  • Ideal for those seeking a starter credit card with essential benefits.

  • Suitable for frequent online shoppers and digital payments.

  • Best for individuals who can spend around ₹1,00,000 annually to renew their premium membership.

  • Perfect for anyone looking to earn higher reward points on platform-related transactions.

Steps to Close Paytm SBI Card

If you wish to close your Paytm SBI Credit Card, you can follow the offline methods provided by SBI Card for a smooth and secure closure process.

Visit Nearest Branch

  • Go to your nearest SBI branch with valid ID proof and credit card details

  • Request the credit card closure form from the bank representative

  • Fill in the required details carefully

  • Submit the form for verification and processing

Call Customer Care

  • Dial the helpline numbers:

  • Request the executive to close your credit card

  • Provide necessary details such as:

    • Last 4 digits of your card

    • Registered mobile number

    • Identity verification details

  • Follow the instructions to complete your request

Send Written Request

  • Write a formal application requesting credit card closure

  • Include the following details:

    • Cardholder name

    • Registered address

    • Contact number

    • Last 4 digits of your credit card

  • Send your request to the official address:

    • SBI Cards and Payment Services Limited:-

      • Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower,

      • E-1,2,3 Netaji Subhash Place, Wazirpur, New Delhi – 110034

Important Points to Remember

  • Clear all outstanding dues, including EMIs and charges, before requesting closure

  • Redeem reward points, as they may expire after closure

  • Cancel auto-debits or subscriptions linked to your card

  • Avoid using the card once the closure request is submitted

  • Ask for confirmation via SMS or email after closure

After Closure

  • Cut your credit card diagonally across the chip and magnetic strip

  • Check your credit report after a few weeks to ensure the status shows “Closed”

Paytm SBI Card Helpline Number

If you need assistance with your Paytm SBI Credit Card, you can contact the customer support team of SBI Card for help with billing, payments, card blocking, reward points, and other services.

Customer Care Helpline Numbers

Availability:

  • IVR services are available 24×7

  • Customer care executives are available Monday to Saturday (9:00 AM – 6:00 PM)

Note: Calls to 1860 numbers may be chargeable depending on your telecom provider

International Customer Support

This number can be used when calling from outside India

Email Support

Personal card users can raise queries through the official SBI Card website by logging into their account

WhatsApp Support

To activate:

  • Give a missed call to 08080945040

  • Register via SBI Card mobile app or website

  • Send SMS: WAOPTIN XXXX to 5676791

Services Available

You can contact customer care for:

  • Billing and statement-related queries

  • Reporting lost or stolen cards

  • Transaction disputes and fraud issues

  • Reward points and offers information

  • Credit card closure or upgrade requests

Important Tips

  • Keep your registered mobile number and card details ready for verification

  • Never share sensitive information like OTP, PIN, or CVV

  • Note down the reference number for tracking your request

  • In case of suspicious activity, block your card immediately using official channels

FAQs

Will I receive cashback directly in my credit card account?

No, this card provides rewards in the form of points, which can be redeemed at a rate of 1 point = ₹1.

The credit limit is determined based on factors such as your credit score, income, and repayment history. You will be informed of your limit once the application is approved.

The card has an annual fee of ₹500. It includes a complimentary premium membership for the first year, which can be renewed each year by spending ₹1,00,000 annually.

No, this card does not include lounge access. However, you can still earn higher reward points on travel-related spending.

You can apply online via the official website or through a digital payments app. Offline applications can also be submitted at any nearby bank branch.

Yes, the card provides a complimentary renewal of the premium membership when you reach annual spending of ₹1,00,000.