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HDFC Bank

Paytm HDFC Bank Credit Card

VisaEntryCashback

Annual Fee

₹500

Reward Type

Cashback

Forex

3.5%

Lounge

0 dom · 0 intl

Full Spec Sheet

Multi-source Verified

Fees

Joining Fee₹500
Annual Fee₹500(waived ≥ ₹50,000)
Min Monthly Income₹25,000

Rewards

Reward TypeCashback
Base Rate1%
Point Value₹1/point

Category Multipliers

wallet3%(cap ₹500)

💡 Fee Waiver Strategy

Spend ₹50,000/year to waive the annual fee.

⚖️ Breakeven Analysis

To recover the ₹500 annual fee at the base reward rate of 1%, you need to spend 50,000 annually.

🎯 Pro Tips

  • 3% cashback on Paytm app (bill payments, recharges, Paytm Mall) — up to ₹500/month.
  • Cashback credited as Paytm balance — unlike Paytm SBI card which credits as bank cashback.
  • 1% on all other spends.
  • Good for heavy Paytm users — ₹500 cashback cap/month = ₹6,000/year from Paytm alone.
  • Distinct from Paytm SBI Select — this is HDFC-issued, not SBI.

📊 Spend Profile Simulator

Spend Profile Simulator

Net Annual Value

+11,500

Effective Rate

1.0%

Ranked #84 of 173 cards#84

500 annual fee deducted from gross rewards value.

🏷️ Best For

cashbackshoppingco-brandedfirst-card