Paytm HDFC Bank Credit Card: The Paytm HDFC Bank Credit Card and the Paytm HDFC Bank Select credit Card, are 2 credit card which are co-branded credit card that is issued by the bank in partnership with Paytm. Today, in this artical we going talk about Paytm HDFC Bank Credit Card.
With the exclusive Paytm First Membership, they welcomes their customers through which they can enjoy a number of additional benefits and offers on the Paytm app. If you prefer Paytm for most of your spends, ranging from travel, movies to retail shopping, this card can be a good fit for you.
This Credit Card provides cashback on all purchases, with a maximum cashback of 3% on Paytm purchases and a cashback of 1% on all other spends outside Paytm. Moreover, you can earn up to Rs. 1,200 additional cashback every year on achieving the required spend milestone.
Contents
Paytm HDFC Bank Credit Card
1. Features and Benefits:
The Paytm HDFC Bank Credit Card Comes with the several offers and cash back. Here we have mentioned the features and benefits offered by the Paytm HDFC Bank Credit Card.
- Welcome Benefit: As a welcome benefit, you get complimentary Paytm First membership as a loyalty and rewards program offering exclusive benefits and deals above the regular offers from partnered companies. To avail this benefit, the minimum one transaction of Rs. 100 with this card.
- Cashback: You can get the many cashback benefits using this HDFC Bank credit card i.e., On all purchases at Paytm, including Recharge, Utility, Movies, Mini App you get 3% cashback, for other select Paytm spends you get 2% cashback, and 1% of cashback on retail spends. But, this is not applicable to wallet reloads, fuel transactions and EMI spends.
- Dining Offers: On partner restaurants through Dineout, you can enjoy discounts of up to 20%.
- Milestone Benefit: You get 1% cashback, on spending Rs. 10,000 per month on non-EMI transactions i.e., the maximum monthly cashback you can avail is Rs.100. You can enjoy cashback of up to Rs.1,200 per year.
- Other Benefits are:
- Get up to 4 complimentary add-on cards to extend the benefits to your family members.
- Zero lost card liability, in case, you lose your card you have no liability for any unauthorized purchases or any fraudulent transactions made with the card.
- 1% fuel surcharge waiver on fuel transactions, at a minimum transaction of Rs. 400 and maximum cashback of Rs. 250 per statement cycle.
- You can enjoy up to 50 days of interest-free credit period.
- First year fee waived on spending up to Rs. 30,000 in the first 90 days on non-EMI spends.
- Renewal fee waiver on spending up to Rs. 50,000 in a year on retail spends, excluding Non-EMI spends.
- Convenient Utility Bill Payments, you can Pay your utility bills conveniently and on time by registering your credit card with SmartPay, a utility bill payment service offered by HDFC Bank.
- No cost and low cost EMIs on your Paytm HDFC Credit Card.
Check, How To Redeem HDFC Credit Card Points?
2. Fees and Charges:
| Type of Charges | Details |
| Monthly Fee | Rs. 500+ GST (waived off on spending Rs. 50,000 in a year) |
| Cash Advance Fee | 2.5% of the cash amount withdrawn or Rs.500 (whichever is higher) |
| Interest Rate | 3.6% per month (43.2% annually) |
| Late Payment Charges | Below Rs. 100: NIL, Rs. 100 to Rs. 500: Rs. 100, Rs. 501 to Rs. 5,000: Rs. 500, Rs. 5,001 to Rs. 10,000: Rs. 600, Rs. 10,001 to Rs. 25,000: Rs. 800, Rs. 25,001 to Rs. 50,000: Rs. 1,100, and More than Rs. 50,000: Rs. 1,300. |
3. Eligibility Criteria to Apply:
The common eligibility criteria and the documents required to apply for Paytm HDFC Bank Credit Card are as follows:
- The age limit for applying for this card is 21 years.
- The cardholder should have a decent credit score.
- The cardholder should have a stable source of income either through salary or self-employment.
- For Identity Proof documents you need are Aadhar Card, Voters Id, PAN Card, Passport, Driving License.
- For Address Proof, Utility bills of the latest months, Aadhar Card, Passport, are the needed documents.
- For Income Proof, Latest bank statements or salary slips in case of salaried individuals, and latest audited ITR in case of self-employed people.
4. How to Apply for Paytm HDFC Bank Credit Card:
For Paytm HDFC Bank Credit Card you can apply either online or offline. For offline mode, you can visit your nearest HDFC Bank branch with all the required documents and fill out the physical application form.
Here are the steps to be followed to apply for your Paytm HDFC Bank Credit Card:
- Step 1: Visit Official website of the HDFC Bank- www.hdfcbank.com
- Step 2: Click on ‘Credit Cards’, under the ‘Pay’ option.
- Step 3: Next, you will be redirected to a new page, where all of the HDFC Bank credit cards are organised into different sections.
- Step 4: From the ‘Lifestyle’ section you have to choose the ‘Paytm HDFC Bank Credit Card’ option, and then click on ‘Apply Now’.
- Step 5: Enter all the requested details and proceed with the next steps.
This the way in which you can apply for Paytm HDFC Bank Credit Card online.
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