Paytm Select Card Fees & Charges

  • Annual Membership Fee: ₹1000 plus GST.
  • First Year Fee waived on spending ₹50,000 (Non-EMI Spends) within the first 90 days.
  • Renewal Year Fee waived on spending ₹1.50 Lakh (Non-EMI Spends) in 12 months.
     

Goods and Services Tax (GST) 
Effective July 01 2017, Goods & Services Tax (GST) is applicable on all Fees, Charges, and Interest transactions. The applicable GST would be dependent on place of provision (POP) and place of supply (POS). If POP and POS are in the same state then applicable GST would be CGST and SGST/UTGST else, IGST.

GST for Fees and Charges/Interest transactions billed on the statement date will be reflected in the next month's statement.

GST levied will not be reversed on any dispute on fees & Charges/interest

Effective January 2023, please note the below additions in the fees structure 

  • Rental Payments – 1% fee will be applicable on rental transactions from the second rental transaction onwards of the same calendar month. 
  • International DCC Transactions – 1% mark-up fees to be levied on International DCC Transactions.

Frequently Asked Questions

The joining fees of the Paytm Select Credit Card include membership fees of ₹1,000 plus applicable taxes, but it is only levied after 90 days of issuance if the card is not activated according to the sign-up terms.

The membership fee for the Paytm Select Card is ₹1,000 plus applicable taxes.

The membership fees of Paytm Select Business Card include a fee of ₹1000 plus applicable taxes. However, if your annual spending is more than ₹50,000 within the first 90 days for the first year, and ₹1.50 lakh within 12 months for renewal, the renewal fees of Paytm Select Credit Card will be waived from the annual charges.