Paytm SBI Card
SBI Card · Points/miles card · ₹499 annual fee
Fees & benefits
| Annual fee | ₹499 + GST |
| Welcome benefit | None |
| Airport lounges | None |
| No rewards on | rent, fuel, government, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 3% on Paytm Travel | 3% | Uncapped | travel · online |
| 2% on other Paytm-app purchases | 2% | Uncapped | paytm |
| 1% on other spends | 1% | Uncapped | all eligible spend |
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
Value expressed as reward points at ~1:1 rupee; concentrated in the Paytm app. SELECT variant (fee Rs.499) modeled.
Verified 2026-07-16 against independent official-source verification; reward-point rupee values are modeled (see est. tags).
Quick answers
Is the Paytm SBI Card lifetime free?
No, the annual fee is ₹499 (plus GST) with no spend-based waiver.
What is the highest reward rate on the Paytm SBI Card?
3% — 3% on Paytm Travel. Effective value depends on monthly caps; see the caveats on this page.
Does the Paytm SBI Card give airport lounge access?
No, the Paytm SBI Card does not include airport lounge access.