SBI in partnership with Paytm and launched the Paytm SBI Credit Card. It was introduced for those who use frequently shop through Paytm. Therefore, you can earn rewards and cashback when shopping from Paytm. SBI is widely known to assist the needs of different individuals. Hence, to assist the different needs of people SBI always try to bring new ways. The SBI Paytm Credit Card is equipped with benefits such as a welcome offer, cashback, cyber fraud insurance, milestone benefit, fuel surcharge, and among others. Keep reading to know more about “What is the joining fee for Paytm SBI Credit Card?”
What is Paytm SBI Credit Card?
The Paytm SBI Card offers complimentary Paytm First Membership and INR 75,000 as a welcome benefit. However, the welcome benefit is provided after the credit card activation. Enjoy 3% cashback on Paytm Mall, movies, and travel. Whereas, up to 2% cash back on all other purchases on Paytm App. In addition, you will get 1% cashback provided on millions of online and offline stores. As we all know that day by day cyber attacks are increasing. It, however, hampers the individual in many different ways. Therefore, the Paytm SBI Card is equipped with cyber fraud insurance coverage. Hence, you will get INR 1 lakh insurance cover against any such fraud cases. Further, there are some points in time when our credit card is lost or stolen. However, in those cases, the fraudsters use it to make counterfeit transactions. If any such fraud happens with your credit card then also you will be protected by the issuance.
Get an e-voucher of Paytm First Membership at no cost. However, it applies to achieving the milestone benefits of INR 1 lakh within one membership year. Moreover, the voucher is provided to you within 30 working days. In addition, you will get a 1% fuel surcharge waiver across all the petrol pumps in India. To avail of it the transactions should be between INR 300 to INR 5000. Further, the maxim surcharge you can get is INR 100 per statement cycle. This is one of the most vital aspects for those who use their own vehicle to travel daily. As the fuel surcharge will help them to save money on fuel purchases. Additionally, you can also manage the features of the Paytm SBI Card on your Paytem App or SBI Card App. It can be possible because of the features like Spend Analyzer, Smart Spend Control & One Tap Lock, and others.
Conclusion
Paytm SBI Card is one of the amazing options that we can use to get cashback. It is equipped with a host of benefits from different categories. Further, this SBI Credit Card is also one of the best cards for someone who is looking for cashback. Nonetheless, credit card is accepted by 24 million outlets worldwide. In India, up to 3,35,000 outlets have accepted the Paytm SBI Credit Card. In addition, you can pay all your utility bills like electricity, telephone and etc using the Easy Bill Pay Facility.
To obtain the card you need to spend INR 499 as a joining fee. Also, certain documents such as proof of address, identity proof, PAN card, salary slip and etc are required for verification of the applicant. Therefore, whenever you visit the official website of SBI to apply for the card submit those documents properly. If in case your documents are inappropriate as per the requirements of the bank then your application can be rejected. That’s why banks keep on saying that submit the documents with utmost care. For any queries or doubts contact the customer service department of the bank.
