American Express PAYBACK® Credit Card vs Paytm HDFC Bank Select Credit Card

• Earn multiple Points from more than 50 PAYBACK partners and 2 PAYBACK Points from American Express PAYBACK Credit Card for every Rs. 100 spent
• Milestone Benefits: Avail Flipkart vouchers worth Rs. 7,000 on spending Rs. 2.5 Lakh in a Card-membership year. Earn a Flipkart voucher worth Rs 2,000 on spending Rs. 1.25 Lakh in a Card-membership year. Additionally, earn a Flipkart voucher worth Rs. 5,000 on spending Rs. 2.5 Lakh in a Card-membership year
• Earn 2 PAYBACK Points for every Rs. 100 spent except for spend on Fuel, Insurance, Utilities, Cash Transactions and EMI conversion at Point of Sale. Boost the PAYBACK Points while shopping at over 50 PAYBACK partner brands
• The NEW American Express PAYBACK Credit Card provides a range of other exciting offers and privileges too. Other exciting offers are available on Fuel, Dining, Limited liability for card loss, Contactless Payment

• Avail 5% Cashback on purchases on Paytm [Recharge + Utility + Travel + Movies + Mini App]
• Avail 3% Cashback on Accelerated Categories such as Swiggy, AJIO, Big Basket & Uber
• Get 1% Cashback on all other retail transactions
• Obtain up to 50 days of interest free credit 
• Get up to 4 complimentary add-on cards
• Utility Bill Payments: By registering the Credit Card with SmartPay, HDFC Bank's Utility Bill payment service, you can be ensured that all your utility bills will be paid on time easily and conveniently
• If your card is lost, by reporting it immediately to the bank's 24-hour call centre, you will have zero liability for any fraudulent transactions made on your card
• 8 Complimentary access to Domestic Airport Lounges in India in a calendar year
• Get a 1% fuel surcharge waived on fuel transactions. This is applicable on minimum transactions of Rs. 400 and maximum transactions of Rs. 5,000 
• Milestone Benefit: Avail Gift Vouchers worth Rs.500 upon spending Rs. 50,000 every Calendar Quarter 
• The Paytm HDFC Bank Select Credit Card is designed to allow contactless payments
• Avail up to 20% discount on partner restaurants through Dineout

Pros

• Get rewarded on all your spends
• Reasonable Joining Fees

Cons

• No Fuel Surcharge Wavier
• No complimentary Airport Lounge Access

Pros

• 5% Cashback on purchases on Paytm [Recharge + Utility + Travel + Movies + Mini App]
• Avail 3% Cashback on Accelerated Categories such as Swiggy, AJIO, Big Basket & Uber
• 8 Complimentary access to Domestic Airport Lounges in India in a calendar year

Cons

• No rewards as such
• Get 1% Cashback on all other retail transactions
• Milestone benefits could have been made better