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Paytm SBI Card SELECT Review
The Paytm SBI Card SELECT is the premium Paytm co-brand from SBI Card. It pays 5% back on travel booked in the Paytm app, 2% on other Paytm purchases and 1% everywhere else, including UPI.
Rewards come as SBI reward points worth ₹1 each, and statement-credit redemption has been capped since April 2026.
- 5% on travel booked in the Paytm app
- 1% on other spends, including UPI
- Super Saver Membership and ₹750 points on joining
- Milestone vouchers at ₹4 lakh and ₹6 lakh
- ₹2 lakh cyber-fraud cover
- Availability for new applicants unclear
- Priority Pass has no free visits (USD 27 a visit)
- Statement-credit redemption capped since April 2026
- No points on wallet loads, fuel or education
- About 3.5% forex markup
Fees and charges
| Item | Detail |
|---|---|
| Annual fee | ₹1,499 + GST, waived on ₹2 lakh annual spend |
| Fuel surcharge waiver | 1% on ₹500–₹4,000, up to ₹250 a cycle |
| Forex markup | About 3.5% |
Rewards: how the card earns
| Spend (minimum ₹100) | Back as reward points |
|---|---|
| Travel booked in the Paytm app | 5% |
| Other Paytm app purchases | 2% |
| All other spends, including UPI | 1% |
Points are worth ₹1 each. Since April 2026 statement-credit redemption is capped monthly and must be in set multiples.
What earns nothing
Wallet loads, fuel and (since 9 Mar 2026) school and education payments earn no points.
Other benefits
| Benefit | Detail |
|---|---|
| Welcome | Super Saver Membership + ₹750 in reward points |
| Domestic lounges | 4 a year, max 1 a quarter |
| Priority Pass | Free membership for 2 years, but every visit costs USD 27 + tax |
| Milestones | ₹2,000 voucher at ₹4 lakh and ₹4,000 at ₹6 lakh annual spend |
| Insurance | ₹2 lakh cyber-fraud cover |
Eligibility
Issuer
SBI Card
Co-brand
Paytm
Availability
Confirm with SBI Card
Who this card is for
- Good fit: Paytm users who book travel in the app and want a 1% card for everything else.
- Skip if: you rarely use Paytm — a flat cashback card is simpler.
Alternatives worth comparing
Final verdict
A reasonable Paytm card with 1% on everything and higher rates in-app. Its Priority Pass has no free visits, so do not count it as an international lounge card.
Frequently asked questions
How much does the Paytm SBI SELECT earn?
5% on Paytm-app travel, 2% on other Paytm purchases and 1% elsewhere, as reward points worth ₹1 each.
What is the annual fee?
₹1,499 + GST, waived on ₹2 lakh annual spend.
Does Priority Pass include free visits?
No. Membership is free for 2 years, but each visit costs USD 27 + tax.
What are the milestones?
A ₹2,000 voucher at ₹4 lakh and a ₹4,000 voucher at ₹6 lakh annual spend.
Is the card still available?
Check on SBI Card’s website; some sources list it as discontinued for new applicants.
Last verified: October 2026, against SBI Card’s Paytm SBI Card SELECT T&C (updated Mar 2026). Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.