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HDFC Bank UPI RuPay Credit Card VS Paytm SBI Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.
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Last updated: 17 July 2026

Paytm SBI Card charges ₹499 + GST but bundles a Paytm First Membership worth ₹899 and up to 3% cashback within the Paytm ecosystem specifically. HDFC Bank UPI RuPay charges a much lower ₹99 + GST and earns a similar 3% rate but across groceries, dining, and PayZapp rather than one app's ecosystem. If you're a heavy Paytm user, the bundled membership can outweigh the higher fee; for a lower-cost, app-agnostic UPI card with comparable cashback rates, HDFC's UPI RuPay is the cheaper entry point.

HDFC Bank UPI RuPay Credit Card
HDFC Bank UPI RuPay Credit Card
Paytm SBI Credit Card
Paytm SBI Credit Card

Fees & Charges

Joining Fee₹99 + GST
Joining Fee₹499 + GST
Renewal Fee₹99 + GST
Renewal Fee₹499 + GST
Spend Based WaiverRenewal fee waived on spending ₹25,000+ in an annual year before renewal date.
Spend Based WaiverGet a complimentary Paytm First Membership voucher on achieving annual retail spends of Rs. 1 Lakh.
Foreign Transaction Fees3.5% of the transaction amount.
Foreign Transaction Fees3.5% of the amount transacted.
Interest Rate (APR)3.6% per month or 43.2% per annum on revolving credit.
Interest Rate (APR)3.50% per month (42% per annum).

Rewards & Benefits

Welcome BonusNot Applicable
Welcome BonusComplimentary Paytm First Membership valued at Rs. 899, activated post first retail transaction.
Rewards RateEarn 3% on Groceries, Supermarket, Dining, PayZapp; 2% on Utilities; 1% on other spends.
Rewards RateEarn 3% cashback on Paytm Mall, movies, travel; 2% on other Paytm app spends; 1% on other transactions.
Reward TypeReward Points
Reward TypeCashback
Reward Redemption Fee₹99 + GST per redemption.
Reward Redemption FeeRs. 99 while redeeming specific vouchers, gifts, and cash redemption.

Travel & Lifestyle

Domestic Lounge AccessNot Applicable
Domestic Lounge Access
International Lounge AccessNot Applicable
International Lounge Access
Travel BenefitsNot Applicable
Travel Benefits3% cashback on Paytm travel bookings.
Movie BenefitsNot Applicable
Movie Benefits3% cashback on Paytm movies.
Dining BenefitsEarn 3% Cashpoints on dining spends, capped at 500 Cashpoints monthly.
Dining Benefits
Golf BenefitsNot Applicable
Golf Benefits
Fuel Surcharge WaiverNot Applicable.
Fuel Surcharge Waiver1% fuel surcharge waiver on transactions between Rs. 500-3,000, max Rs. 100/cycle.

Security & Other

Insurance BenefitsNot Applicable
Insurance BenefitsCyber Fraud Insurance cover of Rs. 1,00,000 for deceitful transactions.
Cash Advance Charges2.5% of withdrawal amount or ₹500, whichever is higher.
Cash Advance Charges2.5% of amount withdrawn, subject to a minimum of Rs. 500.
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Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

HDFC Bank UPI RuPay Credit Card

Paytm SBI Credit Card

Who is it for?

The HDFC Bank UPI RuPay Credit Card is the first credit card introduced by HDFC Bank that allows cardholders to link it with their UPI ID for seamless transactions on popular UPI applications. Designed for convenience and easy credit, this virtual card offers up to 3% Cashpoints on specific UPI and regular spend categories, with a low annual fee and spend-based waiver.

Who is it for?

The Paytm SBI Credit Card, now discontinued, was an entry-level co-branded card ideal for frequent Paytm users and new credit cardholders. It offered a robust cashback program, including up to 3% on Paytm Mall, movies, and travel, alongside a complimentary Paytm First Membership. Cardholders also benefited from a Cyber Fraud Insurance cover and a nominal annual fee. This card was well-suited for individuals looking to maximize savings on Paytm-related transactions and build their credit history.

Pros

Key benefits and features.

Earn CashPoints on both regular credit card payments and UPI transactions.

Offers up to 3% Cashpoints on grocery, supermarket, dining, and PayZapp spends.

Issued as a virtual card, providing convenience by eliminating the need for a physical card.

Low annual fee of ₹99 + GST with a spend-based waiver option.

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.

Benefits are primarily focused on UPI payments and cashback, with limited other perks.

Several spend categories are explicitly excluded from earning Cashpoints.

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.

How We Compare These Cards

Every comparison on CardsForYou is built from the same verified data set we use across the site - joining and renewal fees, reward rates, forex markup, lounge access, and insurance benefits - sourced directly from each issuer and refreshed regularly. We highlight the lower-cost option on fees automatically, but "best" always depends on your own spending pattern: a card that wins on annual fee may lose on reward rate for a heavy spender, and vice versa. Use the table above alongside your own typical monthly spend to judge real value, not just the headline numbers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.
Apply for HDFC Bank UPI RuPay Credit Card(opens in new tab)Apply for Paytm SBI Credit Card(opens in new tab)