Paytm HDFC Bank Mobile Credit Card Fees & Charges

Membership fee details:

  • Annual membership fee: ₹149 plus applicable taxes.
  • First-year fee waiver: Spend ₹1,000 on non-EMI spends within the initial 30 days and get the first-year fee waived.
  • Renewal fee waiver: Spend ₹25,000 on non- EMI spends within 12 months.
     

Note:
For customers onboarded before April 01, 2023, the below charges shall continue to be applicable till the time they are moved into annual pricing.

  • Monthly membership fee: ₹29 plus GST (Goods and Service Tax).
  • Monthly fee waived off on retail spends of ₹5,000 in a month (non-EMI spends).
     

Goods and Services Tax (GST)

  • Effective July 01, 2017, Goods and Services Tax (GST) applies to all fees, charges, and Interest transactions. The specific GST amount depends on the Place of Provision (POP) and the Place of Supply (POS). If both POP and POS are in the same state, the applicable GST includes CGST and SGST/UTGST; otherwise, it includes IGST.
  • GST for Fees and Charges/Interest transactions billed on the statement date will appear in the next month's statement.
  • The levied GST will not be refunded in case of any dispute regarding Fees and Charges/Interest.
     

Effective January 2023,

  • 1% fee on rental transactions from the second rental transaction onwards within the same calendar month.
  • 1% mark-up fee will be imposed on International DCC Transactions.

Frequently Asked Questions

The annual fee of the Paytm Mobile Credit Card is ₹149 plus GST.

The Paytm Mobile Credit Card fees entail an annual fee of ₹149 plus GST. However, new users can enjoy a waiver of the first-year fee by making non-EMI spends of ₹1,000 within the initial 30 days. Furthermore, for subsequent years, the renewal fee will be waived upon reaching non-EMI spends of ₹25,000 within the 12-month period.

No, the Paytm Mobile Credit Card is not free. The annual fees of Paytm Mobile Credit Card are ₹149 plus GST. New users can avail a first-year fee waiver by making non-EMI spends of ₹1,000 within the first 30 days. Additionally, for the subsequent years, the renewal fee will be waived off upon reaching non-EMI spends of ₹25,000 within the first 12 months.