Through this card, 5 percent cashback will be available on Paytm for movie tickets, Paytm Mall shopping, buses, trains, flight tickets, and travel tickets. Apart from this, the membership of Paytm First will be free and a cashback of Rs 750 will also be available.
Special things
- Co-branded credit card launch
- Free insurance to users
- 5 percent cashback will be available
New Delhi: Fintech company Paytm has launched two co-branded credit cards in association with SBI. In this card launched on the occasion of the festive season, users will get free insurance and many offers. Paytm said that this card will be available to customers around Diwali. Selected customers have the chance to apply for early access on the card by joining the waitlist released on the Paytm app.
Launched two co-branded credit cards
Paytm has launched two co-branded credit cards. One Paytm SBI Card and other Paytm SBI Card Select (Paytm SBI Card SELECT). Both of these will be VISA cards.
Through this card, 5 percent cashback will be available on Paytm for movie tickets, Paytm Mall shopping, buses, trains, flight tickets, and travel tickets. Apart from this, the membership of Paytm First will be free and a cashback of Rs 750 will also be available. Paytm First membership will also be available with Paytm SBI Card. But no cashback will be available.
SBI Card CEO and MD Ashwini Kumar Tiwari said that their strategic partnership with Paytm is to make the credit card more accessible to all. Through this partnership, they will be able to reach the customers associated with the new age digital world of Paytm in the country.
Let us know that Paytm had already announced that it will partner with different card companies to launch co-branded credit cards. Paytm had set a target of issuing 20 lakh cards within the next one-half year.