Annual Fee
₹500
Rewards/₹100 ⓘ
₹1.00 - ₹5.00
Interest Rate
43.20%
Credit Score
700+
Key Benefits
5% Paytm cashback, 12 lounges, accident cover, dining
Lounge Access
12 domestic visits/year (3 per quarter)
Eligibility
Self-employed, age 21-65, ITR > Rs 8 lakh, good CIBIL
The Paytm HDFC Bank Select Business Credit Card is a solid mid-range business credit card for those in the Paytm ecosystem. With 5% cashback on Paytm, 12 domestic lounge visits and personal accident cover, it offers good value at Rs 1,000 joining fee. However, the 3.5% forex markup and lack of international lounge access limit its appeal for international travelers.
Best For
Business owners and self-employed individuals who frequently use Paytm for business transactions, bill payments and recharges. Also good for those wanting domestic lounge access with a low annual fee.
Not Ideal For
International travelers (no international lounge access, high forex markup of 3.5%). Not ideal for those who do not use Paytm ecosystem for their business spends.
visits per year
12 visits per calendar year, capped at 3 per quarter. Excess visits at lounge discretion.
All Spends
Paytm
Swiggy
Ajio
Bigbasket
Uber
Other Paytm Spends
Grocery
Redeem your points for cashback, travel, and more
Statement Credit
Auto-credited to statement in first week after statement generation. Capped at 3000 points/month.
SmartBuy Flights & Hotels
Redeem for flight and hotel bookings on SmartBuy portal. Not recommended - poor value.
Rewards Catalogue
Redeem against merchandise catalogue. Not recommended - poor value.
Complimentary Paytm First Membership on making first transaction of Rs 100 or more within one year of card issuance.
Spend ₹100 within 365 days
value
Rs 500 worth Gift Voucher upon card activation with 6 transactions in first 90 days (non-EMI spends).
value
Rs 1,000 worth Gift Voucher on spending over Rs 2 Lakh in a year (non-EMI spends).
Spend ₹2,00,000 within 365 days
value
First year joining fee waived upon spending Rs 60,000 (non-EMI spends) within the first 90 days.
Spend ₹60,000 within 90 days
value
Renewal fee waived upon spending Rs 1,00,000 (non-EMI spends) in the 12-month period.
Spend ₹1,00,000 within 365 days
value
Gift Voucher worth Rs 500 on spending Rs 50,000 in a calendar quarter (non-EMI spends).
Spend ₹50,000 within 90 days
value
Dining
20.00% off
Up to 20% discount on partner restaurants via Swiggy Dineout.
See how this card performs in different spending categories compared to other cards.
The Paytm HDFC Bank Select Business Credit Card is a co-branded business credit card launched by HDFC Bank in partnership with Paytm. It is the premium variant among the Paytm-HDFC business credit card range, offering higher cashback rates and better benefits than the base Paytm HDFC Bank Business Credit Card.
With up to 5% cashback on Paytm spends, 12 complimentary domestic airport lounge visits, and personal accident cover up to Rs 15 lakh, this card delivers strong value for business owners who frequently use the Paytm ecosystem for their transactions.
The Paytm HDFC Bank Select Business Credit Card is a Visa-powered business credit card designed for self-employed professionals and business owners who rely on Paytm for their business operations. As a co-branded product between HDFC Bank and Paytm, it combines banking benefits with Paytm ecosystem rewards.
The card offers tiered cashback across different spend categories:
Enjoy 12 complimentary domestic airport lounge visits per calendar year, capped at 3 visits per quarter. This is a standout feature for a business card in this price range.
The card provides Personal Accidental Death Cover and Permanent Disability Cover with tiered benefits based on card usage:
Get up to 20% discount on partner restaurants via Swiggy Dineout.
1% fuel surcharge waiver on transactions between Rs 400 and Rs 5,000, with maximum waiver of Rs 500 per statement cycle.
The Paytm HDFC Bank Select Business Credit Card offers complimentary domestic airport lounge access:
Cashback is earned as CashPoints on all eligible spends:
No cashback on wallet loads, fuel spends, EMI transactions, rental payments, and government spends.
There is no reward redemption fee for cashback against statement balance.
| Fee Type | Amount |
|---|---|
| Joining Fee | Rs 1,000 plus applicable taxes |
| Renewal Fee (2nd year onwards) | Rs 500 plus applicable taxes |
| First Year Fee Waiver | On spending Rs 60,000 (non-EMI) within first 90 days |
| Renewal Fee Waiver | On annual spends of Rs 1,00,000 (non-EMI) in 12 months |
| Interest Rate | 3.6% per month (43.2% annually) |
| Interest-Free Period | Up to 50 days |
| Foreign Currency Markup | 3.5% plus applicable taxes |
| Cash Advance Fee | 2.5% or Rs 500, whichever is higher |
| Late Payment Fee | Rs 100 to Rs 1,300 depending on balance |
| Over Limit Fee | 2.5% or Rs 550, whichever is higher |
| Reward Redemption Fee | Nil for cashback against statement |
This card is available exclusively for Paytm customers. The business credit score may also be considered during the application process.
Visit your nearest HDFC Bank branch with all required documents to apply in person.
The Paytm HDFC Bank Select Business Credit Card is a well-rounded business credit card for entrepreneurs and self-employed professionals who frequently transact on the Paytm platform. The 5% cashback on Paytm spends, combined with 12 complimentary domestic lounge visits and personal accident cover up to Rs 15 lakh, makes it an attractive proposition at the Rs 1,000 price point.
However, the card is best suited for those deeply embedded in the Paytm ecosystem. For those who do not use Paytm frequently, the 1% base cashback rate on general spends, combined with the 3.5% forex markup and absence of international lounge access, may not justify this card over alternatives like the SBI Cashback or HDFC Millennia.
Last updated: 1 February 2026
Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.
Apply Now on HDFC Bank Apply Now
