Paytm HDFC Bank Business Credit Card
- Joining fee
₹500 + GST
- Annual fee
₹500 + GST
- Best suited for
Shopping
- Reward type
Cashback
Rewards
- Rewards rate
3% on All Purchases on Paytm [Recharge + Utility + Movies + Mini App]
- Welcome benefits
₹250 Voucher After Making Two Transactions in the First 30 Days of Card Issuance
- Reward redemption
Redeem your Cashpoints as Cashback along with other redemption options.Re.1 Cashpoint =Re.1 Cashback for redemption against the statement balance. Re.1 Cashpoint = Re.0.3 for redemption against travel benefits like Flight & Hotel bookings and Rewards Catalogue at the SmartBuy Rewards Portal.
Benefits
- Movie & dining
Upto 20% discount on partner restaurants via Dineout.
- Travel
You can use the Cashbacks to book hotel/flights bookings on Smartbuy
Fees & charges
- Spend-based waiver
Renewal fee waived off on spending Rs. 50,000 or more in the previous year and First Year Fee waived off on spending Rs. 30,000 (Non-EMI spends) within the first 90 days.
- Rewards redemption fee
No Rewards Redemption Fee on redemption of Cash points towards cashback on statement.
- Foreign currency markup
3.5% (plus applicable taxes)
- Interest rates
3.6% per month (43.2% annually)
- Fuel surcharge waiver
1% fuel surcharge waived off for all transactions between Rs. 400 & Rs. 5,000 and Maximum Cashback of Rs. 250 per statement cycle.
- Cash advance charges
2.5% of the amount transacted or a minimum of Rs. 500.
Product highlights
- Get 3% on all purchases on Paytm [Recharge + Utility + Movies + Mini App] Max. Cap per Calendar Month – Rs. 500
- Get 2% cashback on all other Paytm spends. Max. Cap per Calendar Month – Rs. 500
- Get 1% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, and Education Spends), Max. Cap per Calendar Month – Rs. 1000
- Zero cost liability on reporting the lost card to the bank’s 24-hour call center.
- Get a 1% fuel surcharge waiver.
- Get ₹250 worth of Gift Voucher on doing two transactions within 30 days upon card activation.
FAQs
How does a cardholder earn and redeem cashback?
The Cardholder will earn up to 3% cashback on all card spends (Non-EMI spends), which can be redeemed by the customer against outstanding balance as cashback or can be used for redeeming against other categories such as Smartbuy (Flights/Hotels), Airmiles & Product Catalog.
Can contactless transactions be done on the Paytm HDFC Bank Business Credit Card?
Yes, Paytm HDFC Bank Business Credit Card can be enabled for contactless payments, facilitating fast, convenient, and secure payments at retail outlets (Look out for the contactless network symbol on the card plastic). Do note that the contactless payments can only be done for the transaction amount of Rs 5,000. Transaction amount above Rs 5,000 will require the cardholder to enter the Credit Card PIN for security reasons.
What is the Paytm HDFC Business Credit Card Limit?
The credit limit of the Paytm HDFC Business Credit Card can be different for different cardholders. It may vary on the basis of the income of the applicant and several other factors.