Paytm SBI Card SELECT Review (2026)
Sources checked 30 September 2026 (SBI Card documents) · sources
SBI Card’s website showed no online application option for this card when checked on 1 October 2026; confirm availability with SBI Card before applying.
Quick verdict: The Paytm SBI Card SELECT is best for paytm ecosystem & travel. It earns 5% back on Paytm Travel (paid as reward points), with an annual fee of Rs 1,499 (waiver on Rs 2L spend). Hold it if its strongest category matches where you spend the most, and always pay the full bill to keep the rewards worthwhile.
Overview
The Paytm SBI Card SELECT rewards spends within the Paytm ecosystem, most of all Paytm Travel bookings, and bundles domestic lounge access plus a Priority Pass membership (free for two years, but every lounge visit is charged at USD 27 plus taxes).
Reward points redeem 1:1, and the Rs 1,499 fee is offset by welcome benefits, making it a reasonable pick for active Paytm users.
Fees & Charges
| Joining / annual fee | Rs 1,499 + GST (waived on Rs 2 lakh spend) |
| Accelerated reward | 5% back on Paytm Travel (paid as reward points, 1 RP = Re 1) |
| Paytm spends | 2% on other Paytm spends |
| Other spends | 1% |
| Lounge access | 4 domestic/year (1 per quarter); Priority Pass membership with no free visits (USD 27 + taxes per visit) |
| Welcome benefit | Paytm First membership + reward points worth Rs 750 (credited on card activation) |
| Finance charge | Up to 3.75% per month (45% p.a.) |
Rewards & Benefits
- 5% value-back on Paytm Travel bookings, paid as reward points (1 RP = Re 1) since 1 July 2024.
- 2% value-back on all other purchases on the Paytm app, and 1% on any other spends (no rewards on wallet loads, fuel, or school and education spends from 9 March 2026).
- 4 complimentary domestic airport lounge visits a year (1 per quarter), plus a Priority Pass membership that is free for two years but includes no complimentary visits (USD 27 plus taxes per visit).
- Welcome Paytm First membership (called “Super Saver Membership” in SBI Card’s current card terms) and reward points worth Rs 750.
- Milestone vouchers (Rs 2,000 at Rs 4 lakh; Rs 4,000 at Rs 6 lakh) and Rs 2 lakh cyber-fraud insurance.
Pros & Cons
Pros
- Strong rewards within the Paytm ecosystem
- Domestic lounge access (4 visits a year)
- Welcome benefits offset the fee
- Cyber-fraud insurance cover
Cons
- Top 5% rate applies only to Paytm Travel bookings
- Lower 1% on non-Paytm spends
- Fee higher than basic cards
- Best value for Paytm-heavy users
Who Should Get This Card?
- Regular Paytm users
- People who book travel through the Paytm app
- Those wanting domestic lounge access on a mid fee
Ready to apply?
Applications are processed on the issuer’s official, secure website. SBI Card’s website showed no online application option for this card when checked on 1 October 2026; confirm availability with SBI Card before applying.
Apply for Paytm SBI Card SELECT →Frequently Asked Questions
What earns 5% on the Paytm SBI SELECT?
Paytm Travel bookings earn 5% back, paid as reward points (1 RP = Re 1); all other purchases on the Paytm app earn 2%, and any other spends earn 1%.
Does it include Priority Pass?
It includes a Priority Pass membership that is free for the first two years, but there are no complimentary visits: each lounge visit costs USD 27 plus taxes. Separately, you get 4 complimentary domestic lounge visits a year.
Is the fee offset?
Welcome benefits including Paytm First membership and points worth Rs 750 help offset the Rs 1,499 fee, which is also waived on Rs 2 lakh spend.
Before You Apply
This card is strongest for Paytm ecosystem & travel, where it earns 5% back on Paytm Travel (paid as reward points). Spending outside that category earns the base rate, so the card is worth holding only if your largest spends fall inside it — and only if you clear the statement in full each month, because revolving a balance costs far more than any reward rate returns.
- Before you carry a balance, read how credit card interest, the grace period and the minimum due actually work.
- Income, age, credit score and document requirements are the same across most issuers — see credit card eligibility and documents.
Issuer reference: SBI Card’s official card page, linked below. The issuer sources listed below were checked on 30 September 2026 and re-checked against their current versions on 25 October 2026; details those sources do not state have not been re-verified. Issuers revise fees, reward rates and benefits without notice — confirm the current terms on the issuer’s own site before applying. SBI Card — official card page
Sources checked 30 September 2026, re-checked 25 October 2026: SBI Card – Paytm SBI Card SELECT product page · SBI Card – Paytm SBI Card SELECT T&C (PDF dated 27 Jul 2026) · SBI Card – Most Important Terms and Conditions (PDF dated 28 Sep 2026)
Plan Smarter With Free Tools
Get more out of this card with our free, no-login calculators and guides:
- EMI Calculator — work out the real cost before converting a big purchase to EMI.
- Interest Calculator — see how much revolving a balance actually costs you.
- Currency Converter — check live forex rates before spending or travelling abroad.
- Finance Glossary — plain-language definitions of APR, billing cycle, utilisation and more.
- Learn — quizzes, flashcards and guides to sharpen your money skills.
- Compare all 69 cards — see how this card stacks up against the rest.
Still comparing? Look at these related cards, or browse the full best credit cards in India guide and comparison table:
- Axis Bank Atlas Credit Card — Air miles & travel
- American Express Platinum Travel Credit Card — Travel milestones
- RBL Bank World Safari Credit Card — Zero-forex travel
- IndusInd Bank Legend Credit Card — Low forex & lifetime value
- IRCTC SBI Card Premier — Train travel
- ixigo AU Credit Card — Lifetime-free travel & lounges
- MakeMyTrip ICICI Bank Credit Card — MakeMyTrip travel
- SBI Card MILES — Flexible travel credits
Important: This page is general information, not financial advice. The date this card’s issuer sources were last checked is stated in the “Before You Apply” section above.