Paytm HDFC Bank
Paytm HDFC Bank Select Credit Card
Complimentary Paytm first premium subscription.
|Annual Fee||Joining Fee||Interest Rate(APR)||Credit Score|
|₹1000||₹1000||3.6 % per month and 43.2% annually||Good|
Paytm HDFC Bank Select Credit Card is a paytm cashback credit card. Which is created in collaboration of Paytm wallet and HDFC bank. this card offers a cashback on every transaction of Paytm.
So, let check out some important details of this card like, features and benefits, fees and charges, rewards and cashback offer, interest rate, insurance and security etc. before reviewing it.
Key features of Paytm HDFC Bank Select Credit card
Here is the list of key features of Paytm HDFC Bank Select Credit Card.
- Unlimited cashback upto 5%.
- Get benefits of worth rupees 75,000 with Paytm first premium subscription.
- Free lounge access.
- Get upto 4 complimentary add on cards.
- Free airport lounge access.
- Gift vouchers worth ₹2,000.
Key Benefits of Paytm HDFC Bank Select Credit card
Here is the List of key benefits of Paytm HDFC Bank Select Credit Card.
Airport Lounge Access
Paytm HDFC Bank Select Credit Card gives an 8 airport lounge access to their card holder as compliment. you can visit 1000+ airport lounges of India 2 visits per quarter.
Earn gift vouchers of ₹500 on spending of ₹50,000 pe calendar quarter. You can pick your favourite brand voucher from the long range of listed brans of shopping, entertainment, food delivery, health and wellness etc.
Annual spend Benefits
First year annual membership fee waived of if you spend ₹50,000 withing a first 90 days.
Card holder will get 1% fuel surcharge wavier on all transaction minimum ₹400. Maximum surcharge wavier of ₹500 per statement.
Rewards and cashback offer
Reward and cashback offers of Paytm HDFC Bank Select Credit Card:
- Get 5% cashback on all purchases at Paytm mall and app.
- Get 2% cashback on all other Paytm spends.
- Get 1% cashback on other retails spends.
Cashback not applicable on wallet load, fuel spends, and EMI spends. Cashback will be given as Paytm gift voucher.
Fees, interest rate and Hidden charges
list of fees and hidden charges which is apply on your Paytm HDFC Bank Select Credit Card.
|Minimum Due||5% or min ₹200|
|Cash advance limit||40% of your credit limit|
|Add on card fee||Nil|
|Credit revolving charges||3.6 % per month and 43.2% annually|
|Auto EMI conversion charges||20% ROI and ₹99 processing fee|
|Grace day||3 days from the payment due date|
|Cash advance charges||2.5% of amount or ₹500 whichever is higher|
|Late payment charges||₹100 to ₹1300 according to your statement amount|
|Overlimit amount charges||2.5% of amount or minimum ₹550|
|Payment returns charges||2% of amount or min ₹450|
|ATM or cash withdrawal fees||₹100|
|Reward redemption fee||₹99 per redemption request|
|Balance transfer processing charge||1% of amount or ₹250 whichever is high|
|Loan processing fee||₹799 – ₹999|
|Loan preclosure charges||3% of balance principal outstanding|
|Fuel surcharge||1% wavier on min ₹400 transaction upto ₹500 per billing cycle.|
|Reissue of lost, stolen or damage card||₹100|
|Forex transaction charges (Foreign Currency Markup)||3.5%|
Spend condition for waiver of annual charges
if you wish to waiver of next year annual membership fee of your Paytm HDFC Bank Select Credit Card then you have to spend ₹1,00,000 in a year. If you spend ₹60,000 within a 90 days to get 1st year membership fees wavier. Mark that this amount is excluded from transactions like cash on call, balance transfer and cash withdrawal.
If you are thinking to apply for Paytm HDFC Bank Select Credit Card, then you must have to fulfil these criteria:
- Minimum age of 21 to 60 years.
- You are an Indian citizen.
- You are registered Paytm app and bank user with Full KYC.
Reviews of Paytm HDFC Bank Select Credit Card
Well, Paytm HDFC Bank Select Credit Card is good cashback card if you are using paytm app for shopping, movie booking, bill payments, traveling booking, etc. so you can apply for this card otherwise don’t. because this card don’t have any other benefits rather then paytm spends.
Use full details and links
you can directly apply for Paytm HDFC Bank Select Credit Card by visiting to official website of Paytm or from Paytm app.
You can easily activate your Paytm HDFC Bank Select Credit Card by visiting to neatest HDFC bank ATM. Generate your credit card pin by entering OTP which you got on your registered mobile number and your card will be activated.
Other method of activating your card Is by login into internet banking of HDFC bank and generate your password online.
you can easily pay your Paytm HDFC Bank Select Credit Card bill via following options.
- Mobile banking app
- Net banking
- ATM fund transfer
- From a non-HDFC bank account
- Other credit card payment app like Paytm, cred, PhonePe etc.
Late payment charges of Paytm HDFC Bank Credit Card are various according to your statement amount. Let’s have look on it.
|Less than ₹100||Nil|
|₹100 to ₹500||₹100|
|₹501 to ₹5,000||₹500|
|₹5,001 to ₹10,000||₹600|
|₹10,001 to ₹25,000||₹800|
|₹25,001 to ₹50,000||₹1100|
|More than ₹50,000||₹1300|
loan processing charges of Paytm HDFC Bank Credit Card are various according to your loan type. Let’s see
|Loan Type||Processing fee|
|Insta loan||₹999 + GST|
|Jumbo loan||₹999 + GST|
|Smart EMI||₹799 + GST|
|Balance transfer on EMI||1% of loan amount + GST (Minimum ₹250)|
Disclaimer: we always intend to provide you all updated details. But there is a possibility changes in data, rates, charges and fees by bank and issuer company. So kindly refer all the latest data by visiting official website of issuer before applying. We are not responsible for any legal or financial implication in any case.