Skip to main content

Paytm HDFC Bank Credit Card VS Paytm SBI Credit Card Select

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.
Verified
Last updated: 18 July 2026

Both Paytm HDFC Bank Credit Card and Paytm SBI Credit Card Select suit shopping-focused spenders, but they earn and cost differently. Paytm HDFC Bank Credit Card costs ₹500 + GST and earns up to 3% cashback on Paytm spends, 2% on other Paytm spends, and 1% on other retail spends. Paytm SBI Credit Card Select costs ₹1,499 + GST and earns 5% cashback on Paytm Mall, Movies, Travel; 2% on other Paytm App purchases; 1% on other online/offline spends. Paytm HDFC Bank Credit Card also brings complimentary Paytm First membership, while Paytm SBI Credit Card Select counters with 4 complimentary visits per year, capped at 1 visit per quarter. If movies spending matters more, go with Paytm HDFC Bank Credit Card; if travel is the priority, Paytm SBI Credit Card Select fits better.

Paytm HDFC Bank Credit Card
Paytm HDFC Bank Credit Card
Paytm SBI Credit Card Select
Paytm SBI Credit Card Select

Fees & Charges

Joining Fee₹500 + GST
Joining Fee₹1,499 + GST
Renewal Fee₹500 + GST
Renewal Fee₹1,499 + GST
Spend Based WaiverFirst-year fee waiver on ₹30,000 spend in 90 days; renewal fee waiver on ₹50,000 spend annually.
Spend Based WaiverRenewal Fee waived if annual retail spends in the previous year are Rs 2 Lakhs or more.
Foreign Transaction Fees3.5% on all international transactions.
Foreign Transaction Fees3.5% of the total transaction value.
Interest Rate (APR)3.6% per month (43.2% per annum) on outstanding amounts.
Interest Rate (APR)3.5% per month or 42% per annum.

Rewards & Benefits

Welcome BonusComplimentary Paytm First membership.
Welcome BonusComplimentary Paytm First Membership and Rs 750 welcome cashback upon card activation.
Rewards RateUp to 3% cashback on Paytm spends, 2% on other Paytm spends, and 1% on other retail spends.
Rewards RateEarn 5% cashback on Paytm Mall, Movies, Travel; 2% on other Paytm App purchases; 1% on other online/offline spends.
Reward TypeCashback
Reward TypeReward Points
Reward Redemption FeeNil.
Reward Redemption FeeRs 99 per redemption.

Travel & Lifestyle

Domestic Lounge Access
Domestic Lounge Access4 complimentary visits per year, capped at 1 visit per quarter.
International Lounge Access
International Lounge AccessComplimentary 2-year Priority Pass membership (worth US $99); $27 + taxes per visit for primary cardholder.
Travel BenefitsRedemption options include Smartbuy (Flights/Hotels) and Airmiles.
Travel BenefitsComplimentary Domestic Airport Lounge access (4 times/year) and 2-year Priority Pass membership for international lounges.
Movie Benefits3% cashback on Paytm movies spends.
Movie Benefits5% cashback on movie ticket bookings via Paytm App.
Dining BenefitsUp to 20% discount in partner restaurants via Dineout.
Dining Benefits
Golf Benefits
Golf Benefits
Fuel Surcharge Waiver1% waiver on fuel transactions ₹400+, capped at ₹250 per billing cycle.
Fuel Surcharge Waiver1% waiver on transactions between Rs 500-Rs 4,000; max waiver Rs 250 per statement cycle.

Security & Other

Insurance BenefitsProtection against fraudulent transactions with Zero Cost Card Liability.
Insurance BenefitsCyber Fraud Insurance Cover worth Rs 2 Lacs for fraudulent usage, excluding lost card liability.
Cash Advance Charges2.5% of cash amount or ₹500, whichever is higher.
Cash Advance Charges2.5% of transaction amount, minimum Rs 500.
Apply Now(opens in new tab)
Apply Now(opens in new tab)
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

Paytm HDFC Bank Credit Card

Paytm SBI Credit Card Select

Who is it for?

The Paytm HDFC Bank Credit Card is an entry to mid-range cashback card designed for frequent Paytm users. It offers up to 3% cashback on Paytm spends, 1% on other retail transactions, and includes a complimentary Paytm First Membership. Cardholders can also earn up to ₹1,200 in additional cashback annually through milestone benefits, making it ideal for daily savings.

Who is it for?

The Paytm SBI Credit Card Select is an international Visa credit card launched by SBI Card in collaboration with Paytm. It's a premium cashback reward card offering exclusive privileges like a complimentary Paytm First Membership and significant cashback on Paytm Mall, Movies, Travel, and other Paytm App purchases. Users also get domestic airport lounge access, an International Priority Pass, a 1% fuel surcharge waiver, and Cyber Fraud Insurance. This card is ideal for individuals active in the Paytm ecosystem and seeking rewards on digital and offline spends, enhancing value for everyday and travel-related expenditures.

Pros

Key benefits and features.

Highly beneficial for frequent Paytm users, offering enhanced cashback rates on app transactions.

Provides up to 50 days of interest-free credit, allowing greater financial flexibility on purchases.

Includes Zero Cost Card Liability, protecting against fraudulent transactions if reported promptly.

Offers decent cashback and promotions on spends made within the extensive Paytm ecosystem.

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.

Cons

Key drawbacks and limitations.

Lacks complimentary lounge access, which might be a drawback for frequent travelers.

The cashback rate for transactions outside the Paytm ecosystem is a relatively low 1%.

Cashback benefits are excluded for key categories such as fuel, wallet reloads, and rental payments.

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.

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 Paytm HDFC Bank Credit Card(opens in new tab)Apply for Paytm SBI Credit Card Select(opens in new tab)