SBI Elite Credit Card vs Paytm HDFC Bank Business Credit Card
Joining Fees
₹4,999
₹500
Editor's Rating
4
4.1
Key Features
- On achieving annual spends of Rs. 5 lakhs and 8 lakhs, earn 15,000 bonus Reward Points
- Spend Based Reversal of Annual Fee on spends of Rs. 10 Lakhs
- Complimentary membership to the Priority Pass Program worth $99
- Six complimentary Airport Lounge visits per calendar year, outside India ( max. 2 visits per quarter)
- Enjoy obtaining Club Vistara Silver membership as complimentary
- First Year Fee will be waived upon spending Rs. 30,000 within the first 90 days
- Renewal Year Fee will be waived upon spending Rs. 50,000 in the 12 months period
- Activation Benefit: Avail Rs. 250 worth Gift Voucher upon card activation with 2 transactions in first 30 days
- Milestone Benefit: Avail Rs. 500 worth Gift Voucher on spends of Rs. 1 Lakh in a year (Non-EMI, Non-Wallet and Non-Rental Spends)
- 3% cashpoints on purchases on Paytm [Recharge + Utility + Movies + Mini App]
- 2% cashpoints on all other Select Paytm Spends
- 1% cashpoints on all other Retail Spends
- Utility Bill Payments: Simply register the Credit Card with SmartPay, HDFC Bank's Utility Bill payment service. Be assured all utility bills will be paid on time, conveniently and easily
- Zero cost liability: If the Card gets lost simply report it immediately to HDFC Bank’s 24-hour call centre. After reporting the loss, the cardholder will have a zero liability on any fraudulent transactions made on its card
- 1% fuel surcharge waived of on fuel transactions between transactions of Rs. 400 to Rs. 5,000
- The card is enabled for contactless payments
- Up to 20% discount on partnered restaurants via Dineout
- Quick Loan for Business: Check for term loan eligibility on the credit card for business purposes
- Avail up to 50 days of interest free credit on the Credit Card
Editor's Review
Pros
- Get 5X Reward Points on Dining, Departmental stores and Grocery Spends
- Earn nearly 50,000 Bonus Reward Points worth Rs. 12,500 per year
- On achieving annual spends of Rs. 3 lakhs and 4 lakhs, earn 10,000 bonus Reward Points
Cons
- High joining/renewal fees
- Although the Credit Card offers savings on rental cars on Hertz & Avis, which is good, but in India, there’s no much scope for it
Pros
- Quick Loan for Business
- Up to 20% discount on partnered restaurants via Dineout
- Welcome Benefit includes getting Paytm First Membership
Cons
- No movie benefits
- No golf benefits
- No airport lounge access
