Paytm HDFC Bank Credit Card
As the name suggests, Paytm HDFC Bank Credit Card is a co-branded credit card issued by the bank in partnership. The bank offers two co-branded credit cards, the second one being an upgraded version of this card. It welcomes its customers with the exclusive Paytm First Membership, through which the cardholder can enjoy a host of additional benefits and offers on the Paytm app.
With this card, you can earn 2%-3% cashback on your spending on the Paytm app and 1% cashback on all other spends outside Paytm. Moreover, you can earn up to Rs. 1,200 additional cashback every year on achieving required spending targets.
Talking about its fees and charges, the card comes with a nominal monthly membership fee of Rs. 49 + GST, which can be waived off if you do a retail transaction of Rs. 5,000 or more in the previous month. Interest is charged at the rate of 3.6% per month on the outstanding amount, but you can avoid this completely if you pay the outstanding amount in full every month within the interest-free period, which can be up to 50%. day on this card. In addition, you get 1% fuel surcharge waiver on all your fuel transactions at authorized stations.
Benefits of the Paytm HDFC Bank credit card
There are many benefits that come with the Paytm HDFC Credit Card.
- The card also comes with a Paytm First membership.
- To be eligible for this benefit using this credit card, you need to spend a total of Rs. At least one transaction of Rs. 100.
- Your family members can avail of the benefits by availing a maximum of 4 free add-on cards.
- The card has no lost card liability, so if you lose it, you will not be held liable for any fraudulent charges made to it.
- You have up to 50 days to use the interest-free credit period.
- This credit card supports contactless payments at several retail establishments.
- No cost and affordable EMIs are available with your Paytm HDFC Bank Credit Card.
This credit card from HDFC Bank offers 3% cashback on all Paytm purchases including shopping centers, movie theaters, and mini apps. Paytm offers 2% cashback on every purchase. Additionally, retail purchases are eligible for 1% cashback.
Notably, the cashback is disbursed using Paytm vouchers. A monthly non-EMI transaction fee of Rs. 10,000 you will get 1% cashback. You can avail a maximum of Rs. Rupee. can spend. You can get annual cashback of up to Rs.100. 1,200 on doing so. However, cashback is not available on fuel purchase, EMI or wallet reload.
The following benefits of the Paytm HDFC Credit Card are described below in more detail.
Conclusion
Before submitting the application for Paytm HDFC Credit Card, get thoroughly familiar with the card’s features, benefits and associated terms and conditions. When you apply for the Paytm HDFC Bank Credit Card, your application is assessed with a thorough check of your credit history.Once all the information submitted has been approved, you will be given a digital credit card and can start shopping. A replacement card can also be obtained for a fee of Rs. 100 if your Paytm HDFC Credit Card is lost or damaged. If your card expires, inform the bank as soon as possible for security reasons.
