SBI's entry-level co-branded card with Paytm, the base variant below "Paytm SBI Card SELECT," offering a complimentary Paytm First membership and straightforward Rs1/point redemption — a solid pick for Paytm-centric spenders, though it lacks a fee waiver.
Data completeness: 100% · Last verified: 09 Jul 2026
All fees shown base + 18% GST (India card fees legally attract GST).
| Category | Type | Rate | Cap | Notes |
|---|---|---|---|---|
| online_spends | points | 0.75%(3 pts @ ₹0.25) | — | Only on Paytm App / Paytm-branded spends (Mall, Movies, Travel) |
| online_travel_booking | points | 3.00%(3 pts @ ₹1.00) | — | 3% on travel, movies, Paytm Mall |
| fuel | cashback | 1% | ₹100 / monthly | 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 |
| all_spends | points | 1.00%(1 pts @ ₹1.00) | — | 1% base non-Paytm rate; 2% other Paytm spends |
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).
Complimentary Paytm First membership
Cyber Fraud Insurance
Coverage up to ₹1,00,000 against cyber attacks and fraud.
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
Insurance cover of Rs1 Lakh against cyber fraud
Cap ₹1,00,000 / unlimited.