Paytm HDFC Credit Card 12-Step Guide To Financial Rewards
Introduction
Paytm in partnership with HDFC bank is offering the Paytm HDFC Credit Card a co-branded card exclusively for Paytm customers. It is the base variant of the Paytm HDFC Credit Card series.
In today’s digital age, having a Credit Card that offers convenience, rewards, and value is more important than ever. Paytm HDFC Credit Card ticks all these boxes and offers much more.
My Blog post on Paytm HDFC Credit Card 12-Step Guide to Financial Rewards delves into the Salient features, benefits, and other key aspects of this powerful entry-level Credit Card that offers unlimited cashbacks and rewards.
Table of Contents
Paytm HDFC Credit Card Benefits
Paytm HDFC Credit Card offers great benefits in the form of Cashback across spends on entertainment, shopping ,travel, essentials and more.
Note:
- Cashback is not applicable for wallet loads, fuel, EMI, rental, and government spending.
- Cashback is accrued as Cashpoints in your card account, which can be redeemed post statement generation.
- Cash points can be redeemed as Cashback along with other redemption categories.
Paytm HDFC Credit Card Features
Paytm HDFC Credit Card Apply
You can apply online for the Paytm HDFC Credit Card by following the steps as illustrated through the Paytm App :
- Download Paytm app: Download and open the Paytm App on your mobile device.
- ‘Loans and Credit Card’ section: Scroll down to the Loans & Credit Cards section on the main screen. Click on Paytm Credit Card Loan. You will be redirected to the Paytm HDFC Bank Application page.
- Click On Apply Now : Click on this page to apply for the Credit Card.
- Fill in your details: Fill out the required fields with your Pan number, address and other necessary professional details.
- Review and submit: After filling all the relevant details, review your application carefully and Submit.
- Track your Application : Once submitted, you can track the status of your application within the Paytm app itself.
Note : Paytm HDFC Bank Credit Card is exclusive to Paytm customers and is offered in partnership with HDFC Bank .
Paytm HDFC Credit Card Eligibility
The following are the eligibility requirements for Paytm HDFC Credit Card.
| Eligibility Criteria | Description |
|---|---|
| Age | The Applicant must be between 18 and 65 years old |
| Nationality | The Applicant must be Citizen of India |
| Income | Applicant should have a Stable Annual Income |
| Credit Score | Applicant should preferably have a good credit score > 700 |
Note :
- Credit card EMI calculator tool lets you calculate the monthly repayment schedule for EMI purchases on your credit card & lets you know the total interest amount.
- You can check your Credit Card EMI and view the monthly repayment schedule in 5 simple steps by clicking on https://v.hdfcbank.com/htdocs/common/loancalculator/credit-card-emi-calculator.html
Paytm HDFC Credit Card Documents
The following documents are required for applying for Paytm HDFC Credit Card. These documents can be classified into three broad categories.
| Documents Required | Description |
|---|---|
| Identity Proof | Aadhaar Card/Pan Card/Passport/Voter's ID Card/Driving license/Ration card |
| Address Proof | Aadhaar Card/Pan Card/Utility Bills (not more than 3 months old) |
| Proof Of Income | Latest bank statements/salary slips, or latest audited ITR |
Paytm HDFC Credit Card Limit
Paytm HDFC Credit Card has a limit of Rs 50,000. However, your credit limit is not static. It can increase over time based on your creditworthiness and usage history. You can also request a credit limit increase by contacting HDFC bank customer care.
Paytm HDFC Credit Card Charges
| Fees And Charges | Amount |
|---|---|
| Joining Fee | Rs. 500 + GST |
| Annual Membership Fee | Rs. 500 + GST(waived off on spending Rs. 50,000 in a year) |
| Add-On Card Fee | Nil |
| Renewal Redemption Fee | Nil |
| Cash Advance Fee | 2.5% of the transaction amount or Rs. 500, whichever is higher |
| Finance Charges | Up to 3.5% per annum (42% per annum) |
| Late Payment Charges | Less than Rs 100 : Nil // Rs 100 to Rs 500 : Rs 100 |
| Slab-1 | Rs 501 to Rs 5,000 : Rs 500// Rs 5,001 to Rs 10,000 : Rs 600 |
| Slab-2 | Rs 10,001 to 25,000 : Rs 800// Rs 25,000 to Rs 50,000 : Rs 1100 |
| Slab-3 | More than Rs 50,000 : Rs 1,300 |
Paytm HDFC Credit Card Status
To check the status of your Paytm HDFC Bank Credit Card application, you can use the following methods:
Online: You can track your credit card application status online by visiting the HDFC Bank website and entering your mobile number along with any one of these three details:
- Application Reference Number,
- Application Form Number, or
- Date of Birth.
Offline: You can also track your credit card application status offline by
- Calling the 24×7 customer care number or
- Visiting the nearest HDFC Bank branch with your e-reference number.
Paytm HDFC Credit Card Variants
The Paytm HDFC Bank Credit Card is a cashback credit card that offers a range of benefits such as cashback on purchases made on Paytm, fuel surcharge waiver, and zero liability on fraudulent transactions.
There are three variants of the card:
- HDFC Paytm Mobile Credit Card
- HDFC Paytm Credit Card
- HDFC Bank Paytm Select Credit Card.
Each Credit Card variant offers different benefits and cashback proportions. You can find more information about the card variants features, fees, and charges by referring to the table below.
| Particulars | HDFC Paytm Mobile Credit Card | HDFC Paytm Credit Card | HDFC Paytm Select Credit Card |
|---|---|---|---|
| Card-type | Entry-level | Entry-level | - |
| Annual Membership Fees | Rs. 149 + GST | Rs. 500 + GST | Rs. 1000 + GST |
| Welcome Benefit | - | Paytm First Membership | Paytm First Membership |
| Cashback on Paytm Purchases (Movies +Mall + Mini App) | 2% | 3% | 5% |
| Milestone Benefit ((Non-EMI Spends and Non-Rental Spends) | Upgrade to Paytm HDFC Bank Credit Card by spending Rs. 10,000 in 3 consecutive months | Spend more than Rs. 10,000 per month and earn 1% cashback(Max Cashback up to Rs 1200/- Annually) | Earn Gift Vouchers worth Rs.500 upon spending Rs.50,000 every Calendar Quarter |
| Fee Waiver | Monthly fee waiver on spending Rs. 2,500 in a month ( Non-EMI Spends) | First Year Fee waived upon spending Rs. 30,000 (Non-EMI spends) within the first 90 days.Renewal Year Fee waived upon spending Rs. 50,000 (Non-EMI spends) in the 12 months period | First Year Annual Membership Fee waived upon spending Rs. 50,000 (Non-EMI Spends) within the first 90 days. Renewal Year Fee waived upon spending Rs. 1,50,000 (Non-EMI Spends) in the 12 months’ period. |
| Lounge Access | - | - | 8 Complimentary access to Domestic Airport Lounges across country in a calendar year (Capped at 2 visits per Quarter). |
Paytm HDFC Credit Card Customer Care Number
Since Paytm HDFC Bank Credit Card is a co-branded card, there are distinct customer care channels for each issuer:
HDFC Bank:
- Toll-free numbers: 1800 202 6161 / 1860 267 6161 (These are 24/7 numbers)
- SMS: Send your query to 730 8080 808
- WhatsApp: Send a message to 707 0022 222
Paytm:
- Paytm App:
- Go to the “Help & Support” section
- Search for “Credit Card” or “Paytm HDFC Bank Credit Card”
- Choose the relevant topic and follow the prompts to connect with customer care
- Paytm Website:
- Go to the “Contact Us” page
- Select “Credit Card” from the “Category” dropdown
- Choose “Paytm HDFC Bank Credit Card” from the “Product” dropdown
- You can then either submit a message or request a callback
Note:
- When contacting HDFC Bank, you may need to select the option for “Credit Cards” and then “Paytm HDFC Bank Credit Card” to reach the relevant department.
- For Paytm inquiries, make sure you’re choosing the option specific to the Paytm HDFC Bank Credit Card, as other Paytm credit cards may have different support channels.
Conclusion
In conclusion, the Paytm HDFC Credit Card is a versatile and rewarding credit card that offers a range of benefits to suit different spending habits. With its generous cashback rates, exciting rewards, and convenient features, it’s a great choice for both Paytm users and general shoppers alike.
If you’re looking for a credit card that offers great value and convenience, the Paytm HDFC Credit Card is definitely worth considering.
Apply today and start unlocking its many benefits!
FAQ
How do I redeem my cashback?
Cashback is credited to your Paytm wallet or bank account as per the chosen option.
What are the milestone rewards?
You can earn rewards like gift vouchers and airport lounge access upon reaching specific spending milestones.
Are there any other benefits?
Yes, depending on the card variant, you may enjoy benefits like free movie tickets, discounts on partner merchants, fuel surcharge waiver, and insurance coverage.
Can I use this card internationally?
Paytm HDFC Credit Card can be used for international transactions. However, you may need to activate your card for international usage. You can do this by logging in to your account on MyCards and clicking on the “Card Control” tab. Alternatively, you can activate international payments through Whatsapp Banking by saving the number 7070022222 and sending a message “Manage My Credit Card”
Where can I use the card?
You can use it at any merchant that accepts Visa cards, both online and offline.
What if I forget my PIN?
You can request a new PIN through the Paytm app or HDFC Bank website.