As a Milestone Benefit, avail up to Rs. 1200 cashback annually - 1% Cashback upon spending Rs.10,000 every month (Non-EMI, Non-Wallet and Non-Rental Spends)
The First Year Fee will get waived upon spending Rs. 30,000 (Non-EMI spends) within the first 90 days. The Renewal Year Fee will get waived upon spending Rs. 50,000 (Non-EMI spends) in the 12 months period. Monthly fee will get waived off on retail spends of Rs. 5000 in a month (Non-EMI spends)
Avail 3% Cashback on purchases on Paytm [Recharge + Utility + Movies + Mini App]
Avail 2% Cashback on all other Select Paytm Spends
Avail 1% Cashback on all other Retail Spends
Enjoy up to 50 days of interest-free period
Avail up to 4 complimentary add-on cards
Zero Lost card liability
Get 1% fuel surcharge waiver at fuel stations in India on transactions between Rs. 400 and Rs. Rs. 5,000
Enjoy up to 20% discount on partnered restaurants via Dineout
Renewal Offer:Spend Rs. 1 lakh or more in the previous 12 months to waive the renewal membership fee for the next year
Avail 5% Cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato
Avail 1% cashback on all other spends
Get Rs. 1000 worth of gift vouchers on spends of Rs. 1,00,000 and above in each calendar quarter
Up to 20% discount on partnered restaurants via Swiggy Dineout
Zero lost card liability
Up to 50 days of interest-free period from the date of purchase
Revolving Credit is available at a nominal interest rate
Enjoy amazing dining benefits with the Good Food Trail program
Save up to 20% on your restaurant bill payments at more than 20,000 restaurants with Swiggy Dineout. This offer includes both restaurant and Swiggy discounts and is only available for payments made through the Swiggy App
Lounge access has been added to the quarterly spend milestone program, effective from December 1, 2023. Once a user achieves a quarterly spend milestone, they can choose to receive either a Dreamfolks airport lounge access voucher or a Rs. 1000 voucher from a list of available brands
1% fuel surcharge waiver at all fuel stations in India. This is valid on transactions between Rs. 400 and Rs. 5000
Convert big spends into EMI after purchase
This card is equipped with contactless payment technology for added convenience and speed
Editor's Review
Pros
The card is most useful for those who use Paytm daily users of Paytm
Decent cashback and offers on spends made with Paytm
Enjoy up to 20% discount on partnered restaurants via Dineout
Cons
No airport lounge access
No rewards as such
The cashback obtained on transactions other than the eligible category is relatively low at 1%
Pros
Get 7% Reward points on every Shoppers Stop spends
Get 2% Reward points on every Non-Shoppers Stop spends
Enjoy Complimentary Shoppers Stop Black membership worth Rs. 4500
Cons
No golf/coaching sessions
No proper lounge access benefits
More comparisions with Paytm HDFC Bank Credit Card