Paytm SBI Card SELECT
If you're seeking a premium credit card that offers exclusive rewards and features, the Paytm SBI Card SELECT may be worth considering. This card comes with a range of benefits, including cashback on purchases, airport lounge access, and more. In this blog, we'll take a closer look at the cashback and features of this card to help you decide if it's the right choice for you.
Introduction to the Paytm SBI Card SELECT
The Paytm SBI Card SELECT is a premium credit card offering a range of exclusive benefits and cashback. This card is designed for individuals who want to enjoy a luxurious lifestyle and earn cashback on their everyday purchases. With cashback on purchases, airport lounge access, and other features, the Paytm SBI Card SELECT is a great choice for those who want to make the most of their credit card.
Benefits of the Paytm SBI Card SELECT
Welcome Offer
Paytm SBI Card SELECT offers a complimentary Paytm First Membership to its cardholders upon activation, which is granted after the first settled retail transaction on the cardholder's account. Cardholders can also obtain benefits up to Rs. 75,000, and get Rs. 750 as Cashback in their Paytm Wallet.
Cashback
If you're a Paytm SBI Cardholder, you can enjoy a 5% cashback on all purchases made through the Paytm app for Paytm Mall, movies, and travel. This is a great way to save money while enjoying the convenience of shopping, booking travel, and watching movies all in one place.
Paytm SBI Cardholders can enjoy a 2% cashback on all purchases made through the Paytm app, not just on specific categories. This is a great way to save money while shopping for your favourite products and services.
With the Paytm SBI Card SELECT, cardholders can also enjoy 1% cashback on all purchases made outside of Paytm. This means that no matter where you use your card, you can earn rewards and save money on your everyday expenses.
Cyber Fraud Insurance
Paytm SBI Card SELECT provides an extra layer of protection against cyber fraud with Cyber Fraud Insurance cover of Rs. 2,00,000 on the card.
Milestone Benefits
The Paytm SBI Card SELECT offers a unique feature where cardholders can receive Milestone Gift Vouchers worth Rs. 2,000 and Rs. 4,000 upon achieving annual milestone retail spends of Rs. 4,00,000 and Rs. 6,00,000, respectively. This provides an added incentive for users to make the most of their cards and earn rewards for their spending.
Priority Pass
Paytm SBI Card SELECT enables cardholders to enjoy a complimentary Priority Pass worth US $99 for the first two years of cardholder membership. This benefit provides access to airport lounges worldwide. Only the primary cardholder of Paytm SBI Card SELECT is eligible for the standard membership of the Priority Pass Program.
Domestic lounge Program
Paytm SBI Credit Card SELECT also gives complimentary 4 Domestic Lounge visits.
Fuel Surcharge Waiver
With the Paytm SBI Card SELECT, enjoy a 1% fuel surcharge waiver for every transaction between Rs. 500 and Rs. 4000. Plus, you can receive a maximum surcharge waiver of Rs. 250 per statement cycle, per credit card account. This means you can save money on fuel expenses while enjoying the benefits of using a credit card.
Be in Control
Manage the Paytm SBI Card SELECT with some intelligent features on the Paytm App or SBI Card App. Use features such as Spend Analyzer, Smart Spend Control and One Tap Lock / Unlock and Convenient Card Re-issue features on Paytm App.
Fees of Paytm SBI Card SELECT
The joining fee for Paytm SBI Card SELECT is Rs. 1,499. Get the renewal fee reversed if annual spending of the previous year touches Rs. 2,00,000 or more.
Eligibility of Paytm SBI Card SELECT
To be eligible for Paytm SBI Card SELECT, the applicant must meet the following criteria:
- Age: Should be between 21 and 60 years of age.
- Income: A stable income and meet the minimum income criteria set by SBI Cards.
- Credit Score: Should have a good credit score and a clean credit history.
- Residential Status: Should be a resident of India.
How to apply for the Paytm SBI Card SELECT?
Applying for the Paytm SBI Card SELECT is easy and can be done online. Simply visit the SBI Card website and fill out the application form with your personal and financial details. You will also need to provide supporting documents such as your PAN card, Aadhaar card, and income proof. Once your application is submitted, it will be reviewed by the bank and you will be notified of the status within a few days. If approved, your card will be delivered to your registered address within 7-10 working days.
To apply online, follow the instructions below:
- Visit the SBI Cards website or Paytm App.
- Select Paytm SBI Card SELECT from the list of credit cards available.
- Click on the ‘Apply Now’ button and fill out the application form with the required details.
- Submit the application form along with the required documents.
- Once the application is approved, the card will be dispatched to the applicant’s registered address.
Conclusion
The Paytm SBI Card SELECT offers a range of benefits that make it a great choice for those who want to enjoy a luxurious lifestyle. One of the key benefits of this card is the cashback on purchases, which can help you save money on your everyday expenses. Additionally, the card offers airport lounge access, which is a great perk for frequent travellers. Other benefits of the Paytm SBI Card SELECT include exclusive rewards, discounts on dining and entertainment, and more. Overall, this card is a great choice for those who want to make the most of their credit card and enjoy a range of exclusive benefits.
