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Paytm SBI Card SELECT vs SBI Cashback Credit Card Compared

Which credit card suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero. Data last verified: 11 October 2026.

Paytm SBI Card SELECT versus SBI Cashback Credit Card compared
FeaturePaytm SBI Card SELECTPaytm SBI Card SELECTState Bank of India5 recent changes →
SBI Cashback Credit CardSBI Cashback Credit CardState Bank of India5 recent changes →
Rewards by spend
Rewards1% on most spends; 5% only at partner merchants1% base, up to 5% on online shopping
UPI payments (scan and pay)sameEarns nothingEarns nothing
Online shopping1%; 5% only at Paytm Mall & Movies5%
Dining and food deliverysame1%1%
Groceriessame1%1%
Travel: flights, hotels, trains1%; 5% only at Paytm Travel1%
FuelsameEarns nothingEarns nothing
Bills and recharges1%Earns nothing
RentsameEarns nothingEarns nothing
Insurance premiums1%Earns nothing
School and college feessameEarns nothingEarns nothing
Wallet top-upssameEarns nothingEarns nothing
Taxes and government paymentssameEarns nothingEarns nothing
Spend abroad or in a foreign currencysame1%1%
Everything elsesame1%1%
Card identity
Card typesameShoppingShopping
NetworksameVisaVisa
Card tiersameMidMid
Fees
Joining fee₹1,499 + GST₹999 + GST
Annual fee₹1,499 + GST₹999 + GST
Fee waived atsame₹2,00,000₹2,00,000
Eligibility
Employment typesameBOTHBOTH
Min credit score-650
Rewards
Reward typesameCashbackCashback
Point valuesame₹1₹1
Fuel surcharge
Fuel surcharge waiversameYesYes
Fuel waiver cap-₹100
Lounge access
Domestic lounge visits4-
International lounge visits0-
Lounge programmePRIORITY_PASS-
Priority PassYesNo
Lounge condition4 complimentary domestic airport lounge visits a year (max 1 per quarter) on the Visa programme, plus a Priority Pass whose membership fee is waived for two years, but SBI grants NO complimentary Priority Pass visits, every one costs USD 27 plus tax-
Forex and international
Forex markupsame3.5%3.5%
Interest and charges
Interest rate (monthly)-3.75%
Interest rate (annual)-45%
Page content
Eligibility-Age: 21 to 65 years Employment: Both salaried and self-employed individuals Minimum Income: Rs 30,000 Credit Score: 650+ with no delayed payments in the past 12 months New-to-Credit: Allowed only for salaried applicants
Documents neededPAN card Aadhaar / address proof Income proof (salary slips or ITR) Recent passport-size photographID Proof: PAN Card/Form 60 Address Proof: Aadhaar, Passport, or utility bills Income Proof: Bank statements or salary slips Photograph: Recent passport-sized photo
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Worth in Rupees at ₹20,000 a Month

Paytm SBI Card SELECT
Rewards a year
₹2,400
Fee a year
₹0
You keep
₹2,400
SBI Cashback Credit Card
Rewards a year
₹4,800
Fee a year
₹0
You keep
₹4,800

At this spend, SBI Cashback Credit Card comes out ₹2,400 a year ahead of Paytm SBI Card SELECT. Worked out from each card's published reward rate, caps and fee, on ₹20,000 a month. Your own spend changes the answer: try the rewards calculator.

Best For

Paytm SBI Card SELECT
  • Online shopping only at Paytm Mall & Movies: 5% back
  • Travel only at Paytm Travel: 5% back
  • Spending ₹16,667 or more a month: the ₹1,769 fee is waived
  • Flyers: 4 airport lounge visits a year
SBI Cashback Credit Card
  • Heavy online shoppers
  • People who want plain cashback, not points
  • Shoppers who use many different websites

Watch-Outs

Paytm SBI Card SELECT
  • Skip it if you spend less than ₹16,667 a month (₹2,00,000 a year, rent and wallet loads not counted): the ₹1,769 fee is then charged
  • Skip it if most of your spending is fuel, rent, education or wallet top-ups: those earn nothing on this card
  • Skip it if you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
  • Skip it if you rarely spend on Paytm Mall & Movies or Paytm Travel: the 5% rate applies only there, everything else earns 1%
SBI Cashback Credit Card
  • No cashback on utilities, insurance, fuel, rent, wallets or EMIs
  • 5% stops after Rs 40,000 online spend a month
  • No airport lounge access
  • 3.5% forex fee

Card data sourced via CardAdvisor.in (Paytm SBI Card SELECT, SBI Cashback Credit Card), India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.

Questions People Ask

Which has the lower annual fee, Paytm SBI Card SELECT or SBI Cashback Credit Card?

SBI Cashback Credit Card. SBI Cashback Credit Card: ₹999; Paytm SBI Card SELECT: ₹1,499. Check whether a spend-based waiver applies before you decide.

Which is better for spending abroad?

Paytm SBI Card SELECT has the lowest forex markup. Paytm SBI Card SELECT: 3.5%; SBI Cashback Credit Card: 3.5%. The markup is charged on every foreign-currency transaction, before GST.

Which earns more on everyday spending?

On spends outside any bonus category: Paytm SBI Card SELECT 1%, SBI Cashback Credit Card 1%. Bonus categories, rates limited to named merchants and monthly caps change the picture, so compare the rewards by spend too.

Can I hold more than one of these cards?

Usually yes, if each bank approves you. Many people keep one card for everyday spending and another for a specific use such as travel. Each application is a separate credit check.

Work Out the Numbers

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