Paytm First Credit Card (Details Updated)
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Paytm to soon launch its own credit card which will be called as Paytm First credit card.
Paytm founder Vijay Shekhar Sharma tweeted the first glimpse of the card.
https://twitter.com/vijayshekhar/status/...6…
More details to follow soon!
Update :
1. Paytm First card comes with an annual fee of Rs.500 which is waived off when you spend Rs.50,000 or more in a membership year
2. The user will get the following benefits
a. 1% cashback on all transactions
b. Rs. 10,000 Paytm cashback offers on spending Rs. 10,000 on Paytm First card within 4 months of issuance
3: The Paytm First card is currently available only to selected customers. Please wait for this option to appear in your app. Once it’s available, fill and submit the application form to initiate your credit card application. If your credit limit is approved, the Paytm first card will be issued and delivered to you.
You think paytm will lead Credit card industry?
In my opinion its impossible as after someday nil offer will come.
So we have to spend another 70rs. For that 
Let’s wait to know more. Getting a feeling that most probably it would be a basic card with rp’s on spends on Paytm. Like a paytm version of Amazon Pay card.
Weren’t they launching debit cards with visa?
It seems like it would be a debit card only
No. Its credit card for sure. I have a reliable source and can confirm the same
https://www.google.com/amp/s/inc42.com/buzz/fin...
That seems to be a debit card only.
No where it is mentioned as a credit card.
It is credit card. I have a very reliable source
Update :
1. Paytm First card comes with an annual fee of Rs.500 which is waived off when you spend Rs.50,000 or more in a membership year
2. The user will get the following benefits
a. 1% cashback on all transactions
b. Rs. 10,000 Paytm cashback offers on spending Rs. 10,000 on Paytm First card within 4 months of issuance
3: The Paytm First card is currently available only to selected customers. Please wait for this option to appear in your app. Once it’s available, fill and submit the application form to initiate your credit card application. If your credit limit is approved, the Paytm first card will be issued and delivered to you.
10K cb will be great unless they don’t ruin that with their gimmick t&cs.
1% cb for all transaction even outside paytm?
still very less, and this will be in paytm wallet only…
I think card will be given according to cibil score
Isnt that with every credit card other than the one’s which are offered against FDs or SBAs?
Too many digital wallets and now too many credit card options for bringing in loyalty benefits. Have been using Amazon Pay ICICI card for past few months and now this!
Let’s see what the exact terms of loyalty bonus are.
How is the Amazon pay card bro?
Gaya kaamse Vijay
Looks like some affiliated card with Citi bank
“VIjay” Mallya & " Vijay" Shekhar Sharma 
Why Visa ? Why not Rupay :/
Kyunki Rupay Vijay Shekhar Sharma ke paas bahut hai already (Funding) 
The main highlight is the 10k cb offer. Lets see the tnc’s attached along
It will be Paytm cashback coupons that we get on Paytm app for completing transactions. I don’t think it is a cash 10K cashback.
Paytm partners with Citibank to launch its first credit card—Paytm First Card. Follow the link to know more http://www.cnbctv18.com/finance/paytm-partners-...
I guess Well-informed people would stay away even if the card is offered LTF, Considering paytm’s popularity in their
1. bad Customer Support,
2. Honoring T&Cs,
3. their zoomla in case of cashback coupons,
Forget about paying 500 annual fee with 50k spend based waiver.
Bad No customer Support
Hopes they will arrange dedicated support only for cc
More details here:
Wish to convert my existing citi card to this. Let’s see how they shape this in final tncs.
paytm has launched a cc with 1percent cash back on all spends. is it good to have this card?
https://gadgets.ndtv.com/apps/news/paytm-first-...
I don’t have citi card, hope this card will be useful for me
Looking to apply Citi card, waiting how paytm terms looks like
Have a look here -
https://www.desidime.com/forums/dost-and-dimes/...
CC- @malikcool
You predicted it earlier. So there’s one more 1st phase we will witness that’s never going to end? 
https://paytm.com/offer/paytm-first-card-cashba...
For cashback terms and conditions
As I thought, not direct cashback of 10K but forced transactions to be done on Paytm for availing discount.
This does not look interesting enough now.
Paytm FIRST Card will not match Amazon Card offers & experience if they are trying to just simply copy from Apay-ICICI.
1st Mistake – Charging 500Rs Annual cost..
Option to apply for this card is now available in version 8.2.7 of app
Yes Got it. Saying no joining fee but 500 annual charge. Should I apply? I already have amex axis sbi icici hdfc but not citibank
Whenever I want to check my credit score it fails
It shows no credit history found
I tried many sites but still dint find any
Can I apply for a credit card without any earlier credit scores?
Has anyone applied? Please post what all details it asks and whether the decision is instant or not.
It asks Basic personal details, PAN, Employment details, Income details
Then it takes lot of time to submit application
Then it rejected my application 
Reasons not now specified
Maybe because I already hold 2 cards & they don’t allow more then 2
https://www.desidime.com/forums/dost-and-dimes/...
NAME PAN DOB ADDRESS SHOULD BE SERVICEABLE THEN ORGANIZATION AND NET SALARY.
IT TAKES 7 DAYS FOR VERIFICATION FROM CITIBANK.
Was hoping for an instant approval card just like Apay card. Giving it a miss.
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Here’s how the card will look.
What do you guys think about the card?
Yay or nay?