How to apply for Paytm first credit card and know the offers , features, benefits, and charges

Hey there , do you want to apply for Paytm first credit card, you are at the right place, this blog post will provide all details related Paytm first credit card, How to apply for Paytm first credit card, what are the fee and charges, and how to use it ,

all these details to mention here ; we know that credit card is very helpful ,to make transaction, for which bank gives us ,like a loan amount ,this is how credit card is also filled up with the credit balance ; offered by the bank ,

similarly Paytm first credit card is ,basically this card is being given to the Paytm user ,where user can use this card on Paytm transaction ; not only on Paytm but also on other merchants site ; this credit is powered by citi bank ;

when user make transactions by using Paytm first credit card ,user will get 1% cashback on transactions ; Now let’s come to our main topic ,

How to apply for Paytm first credit card

To apply for Paytm first credit card,you need to have an account on paytm ; you need to open your Paytm application as well as this application should be updated ,and kyc should be already done ;only then you are eligible to apply for this credit card ;

if this criteria match , then ,open Paytm application and search for Paytm first credit card ; this option is available on Homepage ; as you can see that option in below pic –

paytm first credit card
paytm first credit card

as you click on that same option and slide that page upper side , apply now option is available ; do click on apply now ; and then fill your personal details ,such as First name , last name ,pan card no, date of birth , email id ,and mobile number ,and then select gender ;

after you fill all details ,choose your residential address , one thing to keep remember here is , select only that residential area ,where Paytm courier support , i.e ,Paytm has some selected areas ,where credit card delivery is eligible ; if your residential

area is under paytm selected areas ; you will be able to receive Paytm first credit card ;

after selection of area click on option proceed ,Paytm will verify and then ,application will approve ;

for the verification ,you will receive a call from representative of city bank to complete the kyc process; once the verifacation for credit card completed ; you will receive Paytm first credit card on your mail along with welcome kit ;

What are the fee and charges for this credit card

Now we will discuss about Paytm first credit card fee and charges ; when we apply for this credit card has zero membership fee /joining fee ;but there is Annual fee of rupees 500 +gst ,i.e 590 rupees ,

this membership charges can waive off if user more than or equal to fifty thousand in a year ;

here some of the things you should know about membership fee ,before you apply for Paytm first credit card ; if this card is activated on or before 30th nov 2019, in keeping with Paytm ; first membership will activate within five working days from when

this credit card was applied ;

now the 2nd thing ,there is no any charges for e-statement , you will receive statement details of Paytm first credit card on your email id ; in case email statement not receive to you can download statement online ; to download the monthly statement

you need to login on citi bank website ;

Late payment charges = there has been some slabs for late payment charges ,so charges will applicable in case of late payment for statement total outstanding balance ;

if total due amount is less than or equal to 1000 rupees = nil charges

due amount more than 1000 or up to 5000 = 450 rupees charges

more than 5000 and up to 10000,due statement bal is = 700 rupees charges

if statement balance is more than 10000, 900 rupees charges applicable

Over limit fees – if credit card dues amount excess than total credit card limit,in this case, card is in over-limit, and in case of over limit, charges applicable with 2.5% of the amount (excluding fees, charges, and taxes)
over the credit limit, subject to a minimum of ₹500.

Return payment charges – this charges include when ecs bounce ,ach return ,or check payment return ,in case of any one of these ,charges are applicable with 500 rupees per return charges ;

Cash withdrawal charges – in this case ,minimum of 500 rupees or 2.5% of withdrawal balance charges applicable , it means ,suppose you withdraw 5000 rupees from atm machine ,in this case charges will 500 not 5000*2.5/100 =125,

but in case withdrawal amount is 50000, charges will (50000*2.5/100=1250) not 500 rupees ;this is how bank takes the charge for cash withdrawal ;

Foreign currency mark up fees – if you use your credit card on international site , 3.5% fcy charges applicable on your expense ;

irctc charges – , charges will applicable with 1.8% of transaction value ;

to know more about fee and charges please visit here

how to hdfc credit card login on net banking

Benefits of Paytm first credit card

We will know the benefits of this card , when you spend up to 5000 rupees, you will receive 1000 flat cashback,

this credit card also offers an unlimited 1% cashback on each and every transactions; good thing is that cashback will receive within 2 working days from the next billing generate date ;

and that cashback will adjust in card statement ;

there are some premium restaurants partnership ,where you will get up to 20% discount at those partner restaurants ;

you will also get two movie tickets at the price of one ticket,


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