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Paytm First Credit Card (Details Updated)

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moriarty

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.

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https://cdn0.desidime.com/attachments/photos/565492/original/IMG_20190514_002320.jpg?1557773748
Here’s how the card will look.

What do you guys think about the card?
Yay or nay?

Deal Cadet Deal Cadet
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Weren’t they launching debit cards with visa?
It seems like it would be a debit card only

Deal Cadet Deal Cadet
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kushagraamit wrote:

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

Deal Cadet Deal Cadet
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BARCODE wrote:

So we  have to spend another 70rs. For that rolleyes disappointed

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.

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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.

Deal Cadet Deal Cadet
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adrishya wrote:

1% cb for all transaction even outside paytm?

still very less, and this will be in paytm wallet only…

Shopping Friend Shopping Friend
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Bhalla_here wrote:

still very less, and this will be in paytm wallet only…

1 percent is not bad if you aree doing mostly online transactions

Deal Subedar Deal Subedar
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adrishya wrote:

1 percent is not bad if you aree doing mostly online transactions

You can get better % on SBI SimplyCLICK card.

Deal Subedar Deal Subedar
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adrishya wrote:

how much?

Depends upon where you spend.
If you spend on their 10x partners then you get 2.5%, for everywhere else it’s 1.25% i.e Rs. 500 worth AGC can be redeemed on spending either 20k or 40k online.

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adrishya wrote:

1 percent is not bad if you aree doing mostly online transactions

I am sure 100 rs of amount is same for both online and offline transactions.
what is the difference then if we do offline trx?
whatever may be the case, the cashback is of 1% only.

Thumbs down for this CARD.

Deal Subedar Deal Subedar
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moriarty wrote:

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.

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BARCODE wrote:

10K cb will be great unless they don’t ruin that with their gimmick t&cs.

Ofcourse it is going to be gimmick t&cs only. Don’t expect solid 10k.

Deal Subedar Deal Subedar
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Gothillabro wrote:

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?

Community Angel Community Angel
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moriarty wrote:

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.

ICICI Amazon Pay credit card is completely free and have better reward rate than this card.

SBI SIMPLY CLICK is 500 chargeable(reversed if spent 1L in the previous year) which has even better reward rate than this card.

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vickyVicky wrote:

Ofcourse it is going to be gimmick t&cs only. Don’t expect solid 10k.

@Bhalla_here
@vickyVicky
@Gothilla
@sardasa1
@adrishya
@dev007
@kushagraamit
@tejaa
@saucap
@vijkap201

You guys missed the biggest feature & update
Vijay Shekhar Sharma ji already showcased that

The Showed his THUMB so now you know what will you get with this card

Offer Details :
A THUMB poking your nose upto 5 cm
A THUMB rubbing your mouth upto 10 cm
A THUMB waving in radius of 15 cm
lol lol

Deal Captain Deal Captain
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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.

Deal Cadet Deal Cadet
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A2Zdeals wrote:

@Bhalla_here
@vickyVicky
@Gothilla
@sardasa1
@adrishya
@dev007
@kushagraamit
@tejaa
@saucap
@vijkap201

You guys missed the biggest feature & update
Vijay Shekhar Sharma ji already showcased that

The Showed his THUMB so now you know what will you get with this card

Offer Details :
A THUMB poking your nose upto 5 cm
A THUMB rubbing your mouth upto 10 cm
A THUMB waving in radius of 15 cm
lol lol

grinning

Vijay shekhar bekar me apna loss karwa rha h…jyada hi paise ho rhe h to PAYTM MALL ko sudhar le

Pro Entertainer Pro Entertainer
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A2Zdeals wrote:

@Bhalla_here
@vickyVicky
@Gothilla
@sardasa1
@adrishya
@dev007
@kushagraamit
@tejaa
@saucap
@vijkap201

You guys missed the biggest feature & update
Vijay Shekhar Sharma ji already showcased that

The Showed his THUMB so now you know what will you get with this card

Offer Details :
A THUMB poking your nose upto 5 cm
A THUMB rubbing your mouth upto 10 cm
A THUMB waving in radius of 15 cm
lol lol

U mean thenge se… smile … to yeh le… toungueout
.

Missing