Cashback SBI Credit Card VS Flipkart SBI Card VS Paytm SBI Credit Card Select VS Paytm SBI Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
Cashback SBI Credit Card
Flipkart SBI Card
Paytm SBI Credit Card Select
Paytm SBI Credit Card
Who is it for?
Who is it for?
Who is it for?
Who is it for?
Pros
Key benefits and features.
Decent 5% cashback on online spends and 1% on offline spends for solid everyday savings.
High monthly cashback cap of Rs. 4,000 across categories boosts total earnings potential.
Strong option for online spending compared to other cashback cards with simple auto-credit.
Contactless payment facility available for quick and secure low-value transactions.
Global acceptance in over 24 million outlets ensures usability during travel and shopping.
Pros
Key benefits and features.
High cashback on Flipkart (5%) and Myntra (7.5%) for frequent online shoppers.
Significant savings on travel with 12% off on Cleartrip bookings.
Convenient contactless payments and global cash access for flexibility.
Option to convert large purchases into easy EMIs with Flexipay facility.
Pros
Key benefits and features.
Excellent cashback rates on Paytm Mall, Movies, Travel, and other Paytm App spends.
Complimentary Paytm First Membership and Rs 750 welcome cashback on activation.
Includes both domestic and international airport lounge access for frequent travelers.
Cyber Fraud Insurance Cover of Rs 2 Lacs provides enhanced security for transactions.
Attractive milestone benefits reward high spenders with vouchers and membership renewal.
Pros
Key benefits and features.
Offers up to 3% cashback on Paytm Mall, movies, and travel, maximizing savings.
Includes a complimentary Paytm First Membership valued at Rs. 899 with benefits.
Provides Cyber Fraud Insurance cover of Rs. 1,00,000 for enhanced transaction security.
Ideal for new credit card users and frequent Paytm app transactors to build credit.
Cons
Key drawbacks and limitations.
Several categories are excluded from cashback eligibility, limiting earnings on key spends.
Annual fee is relatively high compared to the benefits for low spenders who cannot meet the waiver.
Spend-based waiver may be difficult to achieve if major spends fall in excluded categories.
No instant discounts during online sales, reducing appeal during promotional shopping periods.
Cashback exclusions on utilities, insurance, fuel, rent, and other services restrict utility.
Cons
Key drawbacks and limitations.
Limited benefits outside of co-branded partners like Flipkart, Myntra, and Cleartrip.
Renewal fee waiver requires a high annual spend of ₹3,50,000.
No complimentary lounge access or golf benefits mentioned for premium perks.
Cash advance charges are not detailed, which could be a hidden cost.
Cons
Key drawbacks and limitations.
Standard foreign currency markup of 3.5% is applicable on international transactions.
A rewards redemption fee of Rs 99 is charged for redeeming earned reward points.
Cashback is not applicable on wallet load and fuel spends, limiting earning potential.
Priority Pass international lounge visits incur a $27 + taxes charge per visit.
Cons
Key drawbacks and limitations.
This credit card has been officially discontinued, limiting new applications.
Cashback is not applicable on e-wallet loading transactions, a common Paytm use.
High foreign currency markup of 3.5% makes international spends less rewarding.
Rewards structure will change to points from July 2024, altering current benefits.