A co-branded credit card by SBI Card and Paytm offering cashback in the form of reward points, featuring Paytm First Membership and cyber fraud insurance.
Data completeness: 95% · Last verified: 06 Jul 2026
All fees shown base + 18% GST (India card fees legally attract GST).
No confirmed devaluations tracked for this card. That doesn't mean none exist — see the neutral 70/100 devaluation-risk sub-score above.
| Category | Type | Rate | Cap | Notes |
|---|---|---|---|---|
| travel | points | 0.75%(3 pts @ ₹0.25) | — | Only on Paytm App / Paytm-branded spends (Mall, Movies, Travel) |
| online_spends | points | 0.75%(3 pts @ ₹0.25) | — | Only on Paytm App / Paytm-branded spends (Mall, Movies, Travel) |
| all_spends | cashback | 1% | — | 1% cashback on all other spends (1 RP = Re.1). Source: sbicard.com |
| fuel | cashback | 1% | ₹100 / monthly | 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 |
These categories earn zero rewards on this card. Reward score is scaled down by up to −5%, proportional to how much of the standard basket sits in the excluded categories (v4.3 formula).
1-year complimentary Paytm First Membership on card activation after the first successful retail transaction.
Fuel Surcharge Waiver
1% waiver on transactions between ₹500–₹3,000, capped at ₹100 per cycle.
UPI-Linked Credit Card
RuPay variant can be linked to Paytm/other UPI apps — earns Paytm cashback rates on eligible UPI merchant spends (excludes P2P/wallet loads/self-transfers per RuPay UPI rules).
yearly.
Cyber Fraud Insurance
Coverage up to ₹1,00,000 against cyber attacks and fraud.