By: OurMoneyGuide || Last updated on: May 7, 2024

Paytm HDFC Bank Credit Card is a co-branded card from HDFC Bank, in partnership with Paytm, a leading digital wallet and e-commerce company. The card gives attractive rewards on various spends and purchases on Paytm.


Pros & Cons of Paytm HDFC Bank Credit Card

Pros

  • Good card for Paytm users, you get good cashback on various Paytm spends
  • Low annual card spend requirement of ₹50,000, to get annual fee waivers from 2nd year onwards

Cons

  • You are restricted to the Paytm platform to earn rewards on all your spends

Features & Benefits of the Paytm HDFC Bank Credit Card

3% cashback (upto ₹500 per month) on the following Paytm spends : Prepaid recharges || Utility bill payments || Movie tickets || Mini App

You earn ₹3 cashpoints (worth ₹3 as cashback), on every ₹100 you spend in these categories. This benefit is valid on total spends upto ₹16,666 per month across these categories, since the maximum cashback at this earning rate is restricted to ₹500 per month.

1 cashpoint = ₹1. Cashpoints can be redeemed as cashback against your card statement. All cashpoints for a particular month will be seen in your card statement in the first week of the subsequent month. You can redeem a maximum of 3000 CashPoints for cashback, per month.

You can also redeem your Cashpoints at a lower rate for flights & hotels on HDFC Smartbuy, airmiles, and products in the product catalogue. 1 Cashpoint = ₹0.30, if you redeem your Cashpoints on these options.

2% cashback (upto ₹500 per month) on all other Paytm spends

You earn 2 cashpoints (worth ₹2 as cashback), on every ₹100 you spend in these categories. This benefit is valid on total spends upto ₹25,000 per month, since the maximum cashback at this earning rate is restricted to ₹500 per month.

1 cashpoint = ₹1. Cashpoints can be redeemed as cashback against your card statement.

1% cashback (upto ₹1000 per month) on all other card spends

You earn 1 cashpoint (worth ₹1 as cashback), on every ₹100 you spend on all other card purchases. This benefit is valid on total spends upto ₹1 lakh per month, since the maximum cashback at this earning rate is restricted to ₹1000 per month.

Please note that cashback is not given on wallet loads, fuel spends, EMI spends, rental spends and government spends. You can earn a maximum of 1000 reward points on grocery purchases.

1 cashpoint = ₹1, and can be redeemed as cashback against your card statement.

Upto 1% additional benefit – at ₹10,000 monthly card spend (milestone benefit)

You earn ₹100 cashpoints (worth ₹100 as cashback), on monthly card spends of ₹10,000 (only for non-EMI, non-wallet and non-rental card spends).

Fuel surcharge waiver upto ₹250 per month

You get 1% fuel surcharge waiver at all fuel stations. This benefit is valid only on fuel transactions between ₹400 and ₹5000, and only on fuel purchases upto ₹25,000 per month (since the maximum waiver amount is capped at ₹250 per month).

Upto 10% cashback on a variety of categories and partners – through HDFC Smartbuy platform

HDFC Smartbuy is a platform which display’s HDFC Bank’s exclusive partnerships, with a variety of partners. You get 5% – 10% cashback on various categories and at various partners, please see details in the table below.

You get a a maximum cashback of ₹1000 per month. For example, if you shop only in the 5% shopping categories/partners, you shall get 5% cashback on total card purchases of ₹20,000 per month.


Applicable categories and partners
5% cashback on travel spends, through HDFC Smartbuy✓ Flight bookings
✓ Hotel bookings
✓ IRCTC train tickets
✓ Bus tickets, through RedBus
✓ MakeMyTrip holiday packages
5% cashback on gift voucher purchases, through HDFC SmartbuyGift vouchers usually include Amazon Pay, Flipkart, Amazon shopping and more.

There maybe individual limits on certain gift vouchers, and/or processing charges on certain gift vouchers, for example Amazon Pay vouchers. To see latest details, and a list of all gift vouchers available, please click here.
5% cashback at select partners, through HDFC Smartbuy✓ Myntra
✓ Jockey
✓ Apple Imagine Tresor
✓ Nykaa
✓ Zoom Car
10% cashback at select partners, through HDFC Smartbuy✓ Pharmeasy
✓ IGP.com
Please note that partners listed on HDFC Smartbuy platform could change from time to time. To see latest details of applicable partners, please click here.


Dining benefits (HDFC Swiggy Dineout Program) – 7.50% discount (upto ₹250 per order), twice a month

This offer is valid 2 times per month. Minimum order amount required to avail this offer is ₹2000. Payments need to be made through the Swiggy app. 

You get 7.50% discount (upto ₹250 per order) at restaurants. Hence you get a 7.50% discount on orders between ₹2000 and ₹3333. On orders above ₹3333, your discount percentage will fall below 7.50%. For more details, including how to avail the offer, please click here – HDFC Swiggy Dineout Dining Program.

HDFC Bank customer care

Please click here to see details on all options available – HDFC Bank Customer Care Details

Zero lost card liability

In the unfortunate event of you losing your HDFC Credit Card, report it immediately to the 24-hour call centre. After reporting the loss, you have zero liability on any fraudulent transactions made on your Credit Card.

Paytm HDFC Bank Credit Card Fees and Charges

Annual fee & annual fee offers

Annual fee
Annual fee offers
1st year joining fee₹500Welcome offers
– 1st year annual fee waived at ₹30,000 non-EMI card spend, within 90 days of card issuance
– Complimentary Paytm First membership
Renewal fee from 2nd year onwards₹500Renewal offer : Annual fee is not charged from the second year onwards , if you spend ₹50,000 or more in the previous year.

Important Note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – HDFC Bank Credit Card Fees & Charges

Eligibility Criteria

Although your credit card eligibility is based on multiple parameters which can be assessed once you apply for an HDFC Credit Card, there are certain basic criteria that all applicants must fulfil. 

Minimum age21 years
Maximum ageSalaried – 60 years
Self employed – 65 years
Occupation Salaried or self employed
Minimum income requirementStable source of income, not specified
Credit scoreNot specified, credit score of 750 or more is generally preferred

Application Process

Step-by-step guide –

Online application process
The easiest way is to click here – APPLY NOW , you will be taken to the card application page on the HDFC Bank website. You can also visit official website of the bank and fill out the application form.

Steps :
– The bank’s website and mobile app offer a user-friendly interface that makes the application process quick and easy.
– To apply, simply provide your personal details, such as your mobile phone number, income, and PAN number, along with the required documents.
– Submit your application
Offline (face to face)  application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.
Whatsapp BankingYou can also apply for your card through HDFC Whatsapp Banking. Here are the steps to apply for an HDFC credit card through WhatsApp banking:

1. Save the Chat Banking number 7070022222 (HDFC Bank WhatsApp number) in your contacts
2. Send “Hi”
3. Choose the desired option OR simply type your query, for example – “Apply for Credit Card”
4. Apply and wait for further instructions or updates on your card application status.
Tracking your application statusClick here to track the status of your HDFC Bank Credit Card application.

You can also check the status of your application through Chat with EVA. Simply ask the chatbot to help you track your credit card applications and follow its instructions.

Necessary documents –

Required documents
– PAN card copy
– Identity proof : PAN card , driving license, valid passport, voter ID (any one)
– Address proof : electricity bill, phone bill, driving licence, passport, ration card, bank statement, passbook, voters ID, flat maintenance bill, rent agreement (any one)
– Income proof : latest salary slip/s, income tax returns

You maybe required to provide additional documents, on a case-to-case basis.