Earn maximum cashback on Paytm and enjoy premium travel benefits with every spend
Earn 5% Cashpoints on all Paytm purchases (Recharge, Utility, Travel, Movies, Mini App)
8 complimentary domestic lounge visits per year
First year fee waived on ₹50,000 spends; Annual fee waived on ₹1.5 lakh spends
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| Benefit | Details |
|---|---|
| Welcome Bonus | Complimentary Paytm First membership worth ₹750 on making minimum one transaction of ₹100 within one year of card issuance. |
| Accelerated Cashback | 5% Cashpoints on Paytm purchases (Recharge, Utility, Travel, Movies) and 3% on partners like Swiggy and Uber. |
| Accelerated Cashback on Paytm | Earn 5% Cashpoints on Paytm purchases (Recharge, Utility, Travel, Movies, Mini App) - capped at 1,500 Cashpoints per month. |
| Cashback on Partner Brands | Earn 3% Cashpoints on select accelerated categories like Swiggy, AJIO, BigBasket & Uber - capped at 500 Cashpoints per month. |
| Complimentary Lounge Access | Enjoy 8 complimentary domestic airport lounge visits per year (maximum 2 per quarter). |
| Quarterly Milestone Benefit | Get gift vouchers worth ₹500 on spending ₹50,000 per quarter (except EMI and rental spends). |
| Fuel Surcharge Waiver | Save 1% on fuel surcharges at petrol pumps across India (up to ₹500 per statement cycle). |
| Dining Discounts | Enjoy up to 20% discount at partner restaurants through Dineout. |
| Attribute | Classification |
|---|---|
| Issuer / Provider | HDFC Bank |
| Bank / Non-bank | Bank-affiliated |
| Category | Co-brand Cashback Card |
| Type of Card | Visa Credit Card (Cashback Rewards) |
| Free or Paid | ₹1,000 + GST Annually (First year waived on ₹50,000 spends; Renewal waived on ₹1.5 lakh spends) |
The Paytm HDFC Bank Select Credit Card is the perfect choice for digital-savvy users who frequently transact on Paytm and its partner platforms. As a co-branded cashback credit card in partnership with Paytm, it offers exceptional value through accelerated cashback on Paytm transactions, complimentary Paytm First membership, quarterly gift vouchers, and complimentary airport lounge access. Whether you're recharging your mobile, booking movie tickets, ordering food online, or shopping from partner brands, every transaction earns you valuable Cashpoints that can be redeemed as cashback or travel rewards.
Cashback Rewards Programme: The card operates on a Cashpoints system, where you earn Cashpoints on retail transactions that can be redeemed as cashback against your statement balance, or for travel benefits like flight and hotel bookings at the SmartBuy Rewards Portal. Re.1 Cashpoint = Re.1 Cashback for statement redemption, and Re.1 Cashpoint = Re.0.3 for travel redemptions.
Accelerated Cashback on Paytm: Earn 5% Cashpoints (capped at 1,500 per month) on all Paytm purchases including Recharge, Utility bills, Travel bookings, Movies, and Mini App transactions, making it highly rewarding for regular Paytm users.
Partner Brand Benefits: Earn 3% Cashpoints (capped at 500 per month) on purchases from select accelerated categories including Swiggy, AJIO, BigBasket, and Uber.
Paytm First Membership: New cardholders receive complimentary Paytm First membership worth ₹750, a premium subscription-based rewards and loyalty program that offers exclusive benefits and privileges from leading partner brands. This membership is activated within 15 working days of making at least one transaction of ₹100 within one year of card issuance.
Airport Lounge Comfort: Access domestic airport lounges across India with 8 complimentary visits per year (capped at 2 visits per quarter) through the Visa lounge network. Simply present your card and boarding pass for entry (₹2 validation fee applies).
Quarterly Gift Vouchers: Earn gift vouchers worth ₹500 every quarter on spending ₹50,000 (excluding EMI and rental transactions). Choose from categories like Health & Wellness, Shopping, Entertainment, and Food delivery - earning up to ₹2,000 annually.
Fee Waiver Opportunities: The ₹1,000 joining fee can be completely waived by spending ₹50,000 (non-EMI spends) within the first 90 days. The annual renewal fee for subsequent years can be waived by spending ₹1.5 lakh (non-EMI spends) within the 12-month period.
Fuel Savings: Enjoy 1% fuel surcharge waiver on transactions between ₹400 to ₹5,000 at petrol pumps nationwide, with a maximum benefit of ₹500 per statement cycle.
Dining Privileges: Get up to 20% discounts at partner restaurants through Dineout, making your dining experiences more affordable.
Wide Acceptance: Being a Visa card, it's accepted at millions of merchant locations worldwide, both online and offline, ensuring you can earn Cashpoints wherever you shop.
Interest-Free Credit: Take advantage of up to 50 days of interest-free credit period on your purchases, giving you flexibility in managing your cash flow.
This card is particularly valuable for individuals who regularly use Paytm for various transactions, shop from partner brands like Swiggy and BigBasket, and want to maximise their cashback earnings while enjoying premium travel and lifestyle benefits.
5% Cashpoints on Paytm Transactions
Earn 5% Cashpoints on all purchases on Paytm (Recharge, Utility, Travel, Movies, Mini App)
Maximum cap per calendar month: 1,500 Cashpoints
Applicable on all eligible Paytm platform transactions
Cashpoints credited in the first week of the subsequent month
3% Cashpoints on Partner Brands
Earn 3% Cashpoints on accelerated categories including Swiggy, AJIO, BigBasket & Uber
Maximum cap per calendar month: 500 Cashpoints
Helps maximise rewards on everyday spending categories
Automatically credited to your card account
1% Cashpoints on All Other Spends
Earn 1% Cashpoints on all other eligible retail transactions
Maximum cap per calendar month: 2,000 Cashpoints
Minimum transaction amount may apply for earning Cashpoints
Wide coverage across online and offline merchants
Complimentary Paytm First Membership
Get Paytm First membership worth ₹750 as a welcome benefit
Premium subscription-based rewards and loyalty program
Enjoy exclusive benefits from leading partner brands
Access to priority customer support and special offers
Membership activated within 15 working days of making at least one transaction of ₹100 within one year of card issuance
If you already have an active Paytm First membership, receive a 100% discount voucher that can be gifted to friends and family
Quarterly Gift Vouchers
Earn gift vouchers worth ₹500 on spending ₹50,000 per quarter (excluding EMI and rental spends)
Choose from multiple categories: Health & Wellness, Shopping, Entertainment, Food delivery
Maximum benefit of ₹2,000 annually (₹500 × 4 quarters)
Vouchers credited within 90 days of meeting the spending threshold
First Year Fee Waiver
Joining fee of ₹1,000 + GST waived on spending ₹50,000 (non-EMI spends) within first 90 days of card issuance
Effectively makes the card free for the first year for regular users
Renewal fee of ₹1,000 + GST waived on spending ₹1.5 lakh (non-EMI spends) in the preceding 12 months
Continues to make the card free year after year with regular usage
Complimentary Domestic Lounge Access
8 complimentary visits per year to domestic airport lounges across India
Maximum 2 visits allowed per calendar quarter
Access available through Visa lounge network
Present your Paytm HDFC Bank Select Credit Card along with boarding pass for entry
₹2 validation fee charged to the card for lounge access
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions at all petrol pumps across India
Applicable on transactions between ₹400 and ₹5,000
Maximum waiver of ₹500 per statement cycle
Note: Cashpoints are not earned on fuel transactions
Dineout Discounts
Up to 20% discount at partner restaurants through Dineout
Access to exclusive dining offers and deals
Easy redemption through Dineout platform
Cashback Redemption
Redeem Cashpoints as cashback against your outstanding statement balance
Re.1 Cashpoint = Re.1 Cashback
Maximum redemption of 3,000 Cashpoints per month as cashback
Instant credit to your card account
Travel Benefits Redemption
Redeem Cashpoints for flight and hotel bookings at SmartBuy Rewards Portal
Re.1 Cashpoint = Re.0.3 for travel benefits
Maximum redemption of 50,000 Cashpoints per month for travel
Wide selection of flights and hotels available
Product Catalogue Redemption
Redeem Cashpoints for merchandise and vouchers
Access to wide range of products and brands
Re.1 Cashpoint = Re.0.3 for product catalogue redemption
Airmiles Conversion
Convert Cashpoints to airline miles
Transfer to partner airline loyalty programs
Flexibility in how you use your rewards
Cashpoints earned remain valid in your card account
Generally valid for 2 years from the date of credit
Cashpoints for a particular calendar month are credited in the first week of the subsequent month
Track your Cashpoints balance through NetBanking or mobile app
Up to 50 Days: Enjoy up to 50 days of interest-free credit on purchases from the date of transaction, subject to full payment by the due date
Flexible Payment Option: If you don't pay the full amount by the due date, the remaining balance is carried forward as revolving credit with applicable interest charges
Cashpoints are not earned on the following transactions:
Fuel purchases (though fuel surcharge waiver applies)
Cash advances
Cash withdrawals at ATMs
Card fees and charges
EMI transactions
Wallet loading transactions (including Paytm wallet)
Rental transactions
Government spends
Education payments made through third-party apps like CRED, Cheq, MobiKwik, and others
Transactions converted to SmartEMI
Online skill-based gaming transactions (with effect from 1st July 2025)
Disclaimer: The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice.
| Fee Type | Amount | Details |
|---|---|---|
| Joining Fee | ₹1,000 + GST (~₹1,180) | One-time charge when the card is issued. Waived on spending ₹50,000 (non-EMI spends) within first 90 days. |
| Annual Fee | ₹1,000 + GST (~₹1,180) | Charged every year. Waived if annual spends are ₹1.5 lakh or more (non-EMI spends) within 12 months of card setup or renewal date. |
| Interest Rate (APR) | 3.6% per month (43.2% annually) | Applicable on outstanding balances not paid by the due date. |
| Foreign Currency Markup | 3.5% + GST (~4.13%) | Applicable on all international transactions and foreign currency spends. |
| Cash Advance Fee | 2.5% or ₹500 (whichever is higher) | Applicable on all cash withdrawals from ATMs. |
| Cash Advance Limit | Up to 40% of credit limit | The maximum amount available for cash withdrawal. |
| Overlimit Penalty | 2.5% of overlimit amount (minimum ₹550) | Charged when spending exceeds the assigned credit limit. |
| Payment Return Charges | 2% of payment amount (minimum ₹450) | Charged when payment cheque/instrument is returned or dishonoured. |
| Cash Processing Fee | Cash Processing Fee | Applicable for card payments made at HDFC Bank branches or ATMs. |
| Balance Transfer Processing Fee | 1% of transfer amount or ₹250 (whichever is higher) | Applicable when you transfer balance from other credit cards. |
| Duplicate Physical Statement | ₹10 per statement | Charged for requesting duplicate physical credit card statements. |
| Card Replacement Fee | ₹100 | Charged for issuing a replacement card (lost, stolen, or damaged card). |
| Late Payment Charges | As per HDFC Bank policy | Applicable if the minimum amount due is not paid by the due date. |
| Criteria | Details |
|---|---|
Age | Primary cardholder should be between 21 and 65 years of age |
Citizenship | Must be a Resident Indian |
Credit Score | Good CIBIL score (ideally 750-900) recommended for approval |
Income | Stable source of income - salaried or self-employed individuals |
Employment | Salaried employees or self-employed professionals/businesspersons |
Existing Relationship | Can be applied by both existing and new HDFC Bank customers |
| Document Type | Details |
|---|---|
| Identity Proof | Aadhaar Card, PAN Card, Passport, Driving License, or Voter ID Card |
| Address Proof | Any one of the following: Aadhaar Card, Passport, Driving License, Voter ID Card, Recent Utility Bill (electricity/telephone/gas) not older than 3 months |
| Income Proof | Latest salary slips (last 2-3 months) / Bank statements (last 3-6 months) / Form 16 / ITR copy with computation of income |
| PAN Card | Mandatory for all credit card applications as per RBI guidelines |
| Passport-size Photograph | Recent color photograph |
Step 1: Click on Apply Now: Hit the 'Apply Now' button to start your application.
Step 2: Fill in Your Details: Enter personal, contact, employment, and financial information.
Step 3: Upload Required Documents: Provide scanned copies of PAN, Aadhaar, Income Proof, and a photograph.
Step 4: Submit Your Application: Carefully review all the details you've entered for accuracy and click the Submit button.
Step 5: Approval & Card Delivery: Once your application is approved after verification, your Paytm HDFC Bank Select Credit Card will be dispatched to your registered address within 7-10 working days.
| Usage Tips | Details |
|---|---|
Set Up Credit Card PIN | Set a 4-digit PIN for card security by calling HDFC Bank customer care or through NetBanking. Always required for ATM and POS transactions. |
Activate Paytm First Membership | Make at least one transaction of ₹100 within one year of card issuance to activate your complimentary Paytm First membership worth ₹750. |
Use Paytm for Maximum Rewards | Use the card on Paytm platform (Recharge, Utility, Travel, Movies, Mini App) to earn 5% Cashpoints instead of the standard 1% Cashpoints. |
Shop on Partner Brands | Use the card on Swiggy, AJIO, BigBasket, and Uber to earn 3% Cashpoints instead of the base 1% rate. |
Meet Quarterly Spend Targets | Spend ₹50,000 per quarter (excluding EMI and rental) to earn gift vouchers worth ₹500 each quarter. |
Maximize Fee Waiver | Spend ₹50,000 (non-EMI) in first 90 days for joining fee waiver and ₹1.5 lakh annually for renewal fee waiver. |
Track Lounge Visits | Monitor your quarterly lounge usage (2 visits per quarter) to make the most of your 8 annual complimentary visits. |
Use for Fuel Smartly | Fill up between ₹400-₹5,000 per transaction to get 1% fuel surcharge waiver (up to ₹500/statement cycle). |
Check Cashpoints Balance | Log in to HDFC Bank NetBanking or mobile app regularly to track your earned Cashpoints and plan redemptions. |
Redeem Cashpoints Strategically | Redeem as cashback (1:1 ratio) for statement credit or use for travel (1:0.3 ratio) at SmartBuy portal based on your needs. |
Pay Bills on Time | Always pay at least the minimum amount due by the due date to avoid late fees and maintain a good credit score. |
Use for Retail Purchases | Use the card for all eligible retail transactions to consistently earn Cashpoints. |
Enable Contactless Payments | Use the contactless feature for fast, convenient, and secure payments at retail outlets. |
The Paytm HDFC Select Credit Card is designed for users who want to maximize their credit card benefits effectively.
Disclaimer: The information provided on this page has been gathered from various reliable sources and is intended solely for general informational purposes. As details may change over time, we do not guarantee the accuracy or completeness of the content. Users are advised to verify the information with official or relevant sources before making any decisions or taking action.