Paytm HDFC Credit Card -12 Step Guide To Financial Rewards

PAYTM HDFC CREDIT CARD

Introduction

Paytm in partnership with HDFC bank is offering the Paytm HDFC Credit Card a co-branded card exclusively for Paytm customers. 

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.

3% Cashback
Purchases on Paytm [Recharge + Utility + Movies + Mini App] Max. Cap per Calendar Month - Rs. 500
2% Cashback
All other Select Paytm Spends. Max. Cap per Calendar Month - Rs. 500
1% Cashback
All other Retail Spends Max. Cap per Calendar Month - Rs.1000
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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-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 :

    1. Download Paytm app: Download and open the Paytm App on your mobile device. 
    2. ‘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.
    3. Click On Apply Now : Click on this page to apply for the Credit Card.
    4. Fill in your details: Fill out the required fields with your Pan number, address and other necessary professional details.
    5. Review and submit: After filling all the relevant details, review your application carefully and Submit. 
    6. 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 Minimum 18 years old
Nationality The Applicant must be Citizen of India
Income Minimum Annual Income : Rs. 3 lakh Per Annum
Occupation Salaried or Self Employed with a regular and decent source of income
Credit Score A good credit score (750-900) is ideal.

Note : 

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 Review

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:

  1. HDFC Paytm Mobile Credit Card
  2. HDFC Paytm Credit Card
  3. HDFC Bank Paytm Select Credit Card.

Each card offers different benefits and cashback proportions. You can find more information about the card’s features, fees, and charges by referring to the table below.

Particulars HDFC Bank Paytm Mobile Credit Card HDFC Bank Paytm Credit Card HDFC Bank Paytm Select Credit Card
Card-type Entry-level Entry-level Mid-level
Monthly Fee/ Annual Fee Rs. 29 per month Rs. 49 per month Rs. 1,000
Welcome Benefit Paytm First Membership Paytm First Membership
Cashback on Paytm Purchases 2% 3% 5%
Cashback on Paytm Spends 1% 2% 2%
Cashback on other Retail Spends 0.5% 1% 1%
Milestone Benefit Spend Rs. 10,000 in three consecutive months and upgrade your credit card Spend more than Rs. 10,000 per month and earn 1% cashback Spend Rs. 50,000 in a calendar quarter and earn a gift voucher worth Rs. 500
Fee Waiver Monthly fee waiver on spending Rs. 2,500 in a month Monthly fee waiver on spending Rs. 5,000 in a month First year annual membership fee waiver on spending Rs. 50,000 in first 90 days; Renewal fee waiver on spending Rs. 1.5 lakh in twelve months
Interest-free Credit Period Up to 50 days Up to 50 days Up to 50 days
Lounge Access - - 8 complimentary airport lounge access in the country (subject to 2 airport lounge access in a quarter)
Fuel Surcharge Waiver 1%, capped at maximum waiver of Rs. 250 1%, capped at maximum waiver of Rs. 250 1%, capped at maximum waiver of Rs. 500
Other Features Zero lost card liability Zero lost card liability Zero lost card liability
No cost and low cost EMIs for bigger transactions No cost and low cost EMIs for bigger transactions No cost and low cost EMIs for bigger transactions
4 complimentary add-on credit cards 4 complimentary add-on credit cards Welcome Benefits worth Joining Fee
Particulars HDFC Bank Paytm Mobile Credit Card HDFC Bank Paytm Credit Card HDFC Bank Paytm Select Credit Card
Card-type Entry-level Entry-level Mid-level
Monthly Fee/ Annual Fee Rs. 29 per month Rs. 49 per month Rs. 1,000
Welcome Benefit Paytm First Membership Paytm First Membership
Cashback on Paytm Purchases 2% 3% 5%
Cashback on Paytm Spends 1% 2% 2%
Cashback on other Retail Spends 0.5% 1% 1%
Milestone Benefit Spend Rs. 10,000 in three consecutive months and upgrade your credit card Spend more than Rs. 10,000 per month and earn 1% cashback Spend Rs. 50,000 in a calendar quarter and earn a gift voucher worth Rs. 500
Fee Waiver Monthly fee waiver on spending Rs. 2,500 in a month Monthly fee waiver on spending Rs. 5,000 in a month First year annual membership fee waiver on spending Rs. 50,000 in first 90 days; Renewal fee waiver on spending Rs. 1.5 lakh in twelve months
Interest-free Credit Period Up to 50 days Up to 50 days Up to 50 days
Lounge Access - - 8 complimentary airport lounge access in the country (subject to 2 airport lounge access in a quarter)
Fuel Surcharge Waiver 1%, capped at maximum waiver of Rs. 250 1%, capped at maximum waiver of Rs. 250 1%, capped at maximum waiver of Rs. 500
Other Features Zero lost card liability Zero lost card liability Zero lost card liability
No cost and low cost EMIs for bigger transactions No cost and low cost EMIs for bigger transactions No cost and low cost EMIs for bigger transactions
4 complimentary add-on credit cards 4 complimentary add-on credit cards Welcome Benefits worth Joining Fee

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.

    You can earn rewards like gift vouchers and airport lounge access upon reaching specific spending milestones.

    Yes, depending on the card variant, you may enjoy benefits like free movie tickets, discounts on partner merchants, fuel surcharge waiver, and insurance coverage.

    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” 

    You can use it at any merchant that accepts Visa cards, both online and offline.

    You can request a new PIN through the Paytm app or HDFC Bank website.

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