Saturday, January 23, 2021

Paytm launches two credit cards with SBI card, will get unlimited cashback

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Paytm SBI Card (Photo Credit-blog.paytm.com)

SBI Card has launched two credit cards in association with digital payment company Paytm. The special feature of this card is that you will get unlimited cashback of up to 5%.

  • News18
  • Last Updated:November 5, 2020, 3:59 PM IST

new Delhi. SBI Card has launched two credit cards in association with digital payment company Paytm. Paytm has launched two types of cards ‘Paytm SBI Card’ and ‘Paytm SBI Card Select’ (Paytm SBI Card SELECT). According to the information given on blog.paytm.com, users will get unlimited cashback of 1% to 5% on payment from this card. There will be no capping on the cashback.

Paytm SBI Card
>> Annual fee of this credit card is 499 rupees.
>> Welcome Benefit – Paytm First Membership facility of Rs 750 will be available after completion of first scheduled transaction. >> 1 percent fuel surcharge waver
>> Cyber ​​fraud insurance of 2 lakh rupees

>> Paytm First Membership e-voucher to the user after touching one lakh rupees in a year

Spend based cashback
a. Unlimited Cashback of 3% on Travel, Movie and Mall Shopping through Paytm App
b. Unlimited Cashback of 2% on Spending in other categories through Paytm App
c. 1% unlimited cashback on all other transactions
d. Cashback will be available as a gift voucher. The special thing is that cashback will be available within 3 days of completion of the scheduled transaction.
e. There will be no cashback on any wallet load and fuel spread.

Paytm SBI Card SELECT
>> Annual fee of this credit card is Rs 1499. However, after touching Rs 2 lakh in a year, the annual fee will be reversed.
>> Welcome Benefit – Paytm First Membership facility of Rs 750 will be available after the completion of the first scheduled transaction. Also, a cashback of Rs 750 will also be available.
>> 1 percent fuel surcharge weaver
>> Cyber ​​fraud insurance of 2 lakh rupees

Spend based cashback
a. Unlimited Cashback of 5% on Travel, Movie and Mall Shopping through Paytm App
b. Unlimited Cashback of 2% on Spending in other categories through Paytm App
c. 1% unlimited cashback on all other transactions
d. Cashback will be available as a gift voucher. The special thing is that cashback will be available within 3 days of completion of the scheduled transaction.
e. There will be no cashback on any wallet load and fuel spread.

Milestone cashback
>> Gift voucher of 2 thousand rupees for spending 4 lakhs in a year
>> Gift voucher of 4 thousand rupees for spending 6 lakhs in a year

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