| Feature Description | Current Paytm HDFC Bank Credit Card Features | New Paytm HDFC Bank Credit Card Features |
|---|---|---|
| 3% Cashback | 3% Cashback on all purchases on Paytm [Mall + Movies +Mini App] | Get 3% on all purchases on Paytm [Recharge + Utility + Movies + Mini App] Max. Cap per Calendar Month - Rs. 500 |
| 2% Cashback | 2% Cashback on all other Paytm Spends. | Get 2% Cashback on all other Paytm spends. Max. Cap per Calendar Month - Rs. 500 |
| 1% Cashback | 1% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, Government Spends) | 1% Cashback on all other all other retail transactions (excluding Fuel, EMIs, Rental, Government Spends) Max. Cap per Calendar Month - Rs. 1000 |
| Milestone Benefit | Earn upto Rs. 1200 cashback annually - 1% Cashback upon spending Rs.10,000 every month (Non-EMI Spends and Non-Rental Spends) |
No Change |
| Spend Based Fee Waiver Benefit | Monthly Fee waived off on retail spends of Rs.5,000 in a month (Non-EMI Spends) | First Year Fee waived upon spending Rs. 30,000 (Non-EMI spends) within the first 90 days Renewal Year Fee waived upon spending Rs. 50,000 (Non-EMI spends) in the 12 months period |
| Welcome Benefit | Paytm First Membership on activation of card (Min. 1 txn of Rs. 100 in 365 days) | No Change |
| Dinning Benefit | Upto 20% discount* on partner restaurants via Dineout while using your HDFC Bank Credit Card. | No Change |
| Membership Fees | Monthly Membership Fee: Rs. 49 + GST | Annual Membership Fee: Rs. 500 + GST |
Dear Valued Customer,
Please find the revised features and annual membership charges for your respective Paytm HDFC Bank Credit Card. These changes shall be in effect from April 1, 2023. Kindly review the modifications for your respective variant.
1. Consumer Cards
a) For Paytm HDFC Bank Credit Card:
b) For Paytm HDFC Bank Select Credit Card:
| Feature Description | Current Paytm HDFC Bank Credit Card Features | New Paytm HDFC Bank Credit Card Features |
|---|---|---|
| 5% Cashback | 5% Cashback on all purchases on Paytm [Mall + Movies+ Mini App] | Get 5% on all purchases on Paytm [Recharge + Utility + Travel + Movies + Mini App] Max. Cap per Calendar Month - Rs. 1500 |
| 2% Cashback | 2% Cashback on all other Paytm Spends. | Get 3% Cashback on Accelerated Categories like Swiggy, AJIO, Big Basket & Uber. Max. Cap per Calendar Month - Rs. 500 |
| 1% Cashback | 1% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, Government Spends) | 1% Cashback on all other all other retail transactions (excluding Fuel, EMIs, Rental, Government Spends) Max. Cap per Calendar Month - Rs. 2000 |
| Milestone Benefit | Earn Gift Vouchers worth Rs.500 upon spending Rs.50,000 every Calendar Quarter (Non-EMI and Non-Rental Spends) | No Change |
| Welcome Benefit | Paytm First Membership on activation of card (Min. 1 txn of Rs. 100 in 365 days) | No Change |
| Spend Based Fee Waiver Benefit | First Year Annual Membership Fee waived upon spending Rs. 50,000 (Non-EMI Spends) within the first 90 days Renewal Year Fee waived upon spending Rs. 1,50,000 (Non-EMI Spends) in the 12 months’ period. |
No Change |
| Dinning Benefit | Upto 20% discount* on partner restaurants via Dineout while using your HDFC Bank Credit Card. | No Change |
| Travel Benefit | 8 Complimentary access to Domestic Airport Lounges across country in a calendar year (Capped at 2 visits per Quarter). | No Change |
| Membership Fees | Annual Membership Fee: Rs. 1000 + GST | No Change |
c) For Paytm HDFC Mobile Credit Card:
| Feature Description | Current Paytm HDFC Bank Credit Card Features | New Paytm HDFC Bank Credit Card Features |
|---|---|---|
| 2% Cashback | 2% Cashback on all purchases on Paytm [Mall + Movies +Mini App] | Get 2% on all purchases on Paytm [Mall + Movies + Mini App] Max. Cap per Calendar Month - Rs. 250 |
| 1% Cashback | 1% Cashback on all other Paytm Spends. | Get 1% Cashback on all other Paytm spends. Max. Cap per Calendar Month - Rs. 250 |
| 1% Cashback | 0.5% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, Government Spends) | 0.5% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, Government Spends) Max. Cap per Calendar Month - Rs. 500 |
| Milestone Benefit | Upgrade to Paytm HDFC Bank Credit Card by spending Rs. 10,000 in 3 consecutive months (Non-EMI Spends and Non-Rental Spends) | No Change |
| Spend Based Fee Waiver Benefit | Get monthly fee waived off on retail spends of Rs. 2,500 in a month (Non-EMI Spends) | First Year Fee waived upon spending Rs. 1,000 (Non-EMI spends) within the first 30 days Renewal Year Fee waived upon spending Rs.25,000 (Non-EMI spends) in the 12 months period. |
| Dinning Benefit | Upto 20% discount* on partner restaurants via Dineout while using your HDFC Bank Credit Card. | No Change |
| Membership Fees | Monthly Membership Fee: Rs. 29 + GST | Annual Membership Fee: Rs. 149 + GST |
2. Business Cards
a) For Paytm HDFC Bank Business Credit Card:
| Feature Description | Current Paytm HDFC Bank Credit Card Features | New Paytm HDFC Bank Credit Card Features |
|---|---|---|
| 3% Cashback | 3% Cashback on all purchases in Paytm Mall |
Get 3% on all purchases on Paytm [Recharge + Utility + Movies + Mini App] Max. Cap per Calendar Month - Rs. 500 |
| 2% Cashback | 3% Cashback on monthly bill payments through standing instructions only on Paytm App. |
Get 2% Cashback on all other Paytm spends. Max. Cap per Calendar Month - Rs. 500 |
| 1% Cashback | 1% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, Education Spends) | 1% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, Education Spends) Max. Cap per Calendar Month - Rs. 1000 |
| Activation Benefit | Enjoy Rs.250 worth gift voucher upon card activation with 2 transactions in first 30 days (Non-EMI Spends) | No Change |
| Milestone Benefit | Enjoy Rs.500 worth Gift Voucher on spends of Rs.1 Lac in a year (Non-EMI and Non-Rental Spends) | No Change |
| Welcome Benefit | Paytm First Membership on activation of card (Min. 1 txn of Rs. 100 in 365 days) | No Change |
| Spend Based Fee Waiver Benefit | First Year Fee waived upon spending Rs. 30,000 (Non-EMI spends) within the first 90 days Renewal Year Fee waived upon spending Rs. 50,000 (Non-EMI spends) in the 12 months period |
No Change |
| Dinning Benefit | Upto 20% discount* on partner restaurants via Dineout while using your HDFC Bank Credit Card. | No Change |
| Cash Withdrawal Benefit | Cash advance fee reversal for first cash withdrawal transaction in a calendar month. (Capped at Rs.500) | Feature to be disabled from April 01, 2023 onwards. |
| Membership Fees | Annual Membership Fee: Rs.500 + GST | No change |
b) For Paytm HDFC Bank Select Business Card:
| Feature Description | Current Paytm HDFC Bank Credit Card Features | New Paytm HDFC Bank Credit Card Features |
|---|---|---|
| 5% Cashback | 5% Cashback on all purchases on Paytm [Mall + Movies+ Mini App] | Get 5% on all purchases on Paytm [Recharge + Utility + Movies + Mini App + Travel] Max. Cap per Calendar Month - Rs. 1500 |
| 2% Cashback | 3% Cashback on monthly bill payments through standing instructions only on Paytm App. | Get 3% Cashback on Accelerated Categories like Swiggy, AJIO, Big Basket & Uber. Max. Cap per Calendar Month - Rs. 500 |
| 1% Cashback | 1% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, Government Spends) | 1% Cashback on all other all other retail transactions (excluding Fuel, EMIs, Rental, Government Spends) Max. Cap per Calendar Month - Rs. 2000 |
| Activation Benefit | Enjoy Rs.500 worth gift voucher upon card activation with 4 transactions in first 30 days (Non-EMI Spends) | No Change |
| Milestone Benefit | Enjoy Rs.1000 worth Gift Voucher on spends of Rs.2 Lac in a year. | No Change |
| Welcome Benefit | Paytm First Membership on activation of card (Min. 1 transaction of Rs. 100 in 365 days) | No Change |
| Insurance Benefit | Personal Accidental Death Insurance upto 30 lakhs (basis activation & spends) | Feature has been disabled with effect from February 1 2023. |
| Spend Based Fee Waiver Benefit | First Year Fee waived upon spending Rs. 60,000 (Non-EMI spends) within the first 90 days Renewal Year Fee waived upon spending Rs.1,00,000 (Non-EMI spends) in the 12 months period |
No Change |
| Dinning Benefit | Upto 20% discount* on partner restaurants via Dineout while using your HDFC Bank Credit Card. | No Change |
| Travel Benefit | 12 Complimentary access to Domestic Airport Lounges across country in a calendar year (Capped at 3 visits per Quarter). | No Change |
| Membership Fees | Annual Membership Fee: Rs.1000 + GST | No change |
If you have any questions or concerns, please reach out to us at our customer care number: 1800 1600 / 1800 2600
We're here to help and always strive to provide you with the best possible banking experience.
Thank you for your understanding and cooperation.
Regards,
HDFC Bank