M16S / HDFC Bank / Paytm HDFC Bank Business Credit Card
entry · business, cobrand, cashback
Paytm HDFC Bank Business Credit Card
HDFC Bank · with PaytmLast checked 12 Oct 2026closed to new applicants
The Paytm HDFC Bank Business Credit Card costs Rs 500 a year, waived if you spend Rs 50,000 in a year. Its base return is 1% (1% CashPoints on all other retail spends). Accelerated earn: 3% CashPoints on Paytm recharge, utility, movies and mini app spends; 2% on other select Paytm spends. The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 12 Oct 2026.
HDFCPaytm HDFC Bank Business Credit CardCard design not shown
Annual fee
Rs 500+ GST
Fee waived at
Rs 50,000annual spend
Base return
1%
Forex markup
3.5%
Interest
3.75%a month
Fees
Joining fee
Rs 500
Annual fee
Rs 500
Annual spend that waives the fee
Rs 50,000
Fee notes
Membership fee Rs 500 + GST. First-year fee waived on Rs 30,000 non-EMI spend within 90 days; renewal fee waived on Rs 50,000 non-EMI spend in 12 months (product page).
Rewards
Welcome benefit
Rs 250 gift voucher on activation with 2 non-EMI transactions in the first 30 days. Paytm First membership no longer applies to customers onboarded on or after 10 Sep 2024
Reward currency
CashPoints
Base earn
1% CashPoints on all other retail spends
Base return
1%
Point valueunverified
CashPoints redeemable as CashBack and other categories; the product page does not print the value. Earlier data: 1 CashPoint = Re 1 against statement; Rs 0.30 SmartBuy travel/catalogue
Accelerated earn
3% CashPoints on Paytm recharge, utility, movies and mini app spends; 2% on other select Paytm spends
Caps
3%: Rs 500 per calendar month; 2%: Rs 500 per month; 1%: Rs 1,000 per month; grocery 1,000 CashPoints per month; cashback redemption 3,000 points per month; travel redemption 50,000 points per month
Spends that earn nothing
Wallet loads, fuel, EMI, rent, education
Milestone benefits
Rs 500 gift voucher on Rs 1 lakh spend in a year (non-EMI, non-wallet, non-rental); first year of the card only
Reward notes
CashPoints for a month are credited in the first week of the next month. base_return_pct left at 1%: the 1% rate is on the page, the point value is not.
Travel and perks
Domestic lounge
None
International lounge
None
Forex markupunverified
3.5%
Fuel surcharge waiver
1% on txns Rs 400-5,000, cap Rs 250 per statement cycle
Other freebies
Up to 20% off at partner restaurants via Dineout; SmartPay utility auto-pay; business loan eligibility check
Status not settled: the product page carries no 'sourcing stopped' notice and still shows application steps, but its content is dated (Paytm First benefit ended 10 Sep 2024) and Card Insider marks the card discontinued (page dated May 2026). Status kept as closed-to-new and flagged unverified; confirm before relying on it. Product page read 2026-10-12; network, forex markup and point value are not on it. Bank-wide charges per MITC: 1% fee on rent payments (cap Rs 4,999/txn); 1% on utility spends above Rs 50,000/month (Rs 75,000 on business cards); 1% on wallet loads above Rs 10,000/month (PayZapp exempt); 1% on fuel spends above Rs 15,000/month (Rs 30,000 business); 1% on online skill gaming above Rs 10,000/month; 1% on education paid via third-party apps; 1% + GST on railway tickets; 1.75% markup on INR transactions at overseas merchants from 15 May 2026. Points lapse if the card is unused for 365 days.
Questions
What is the annual fee of the Paytm HDFC Bank Business Credit Card?
Rs 500 a year, before GST. It is waived if you spend Rs 50,000 in a year.
Does the Paytm HDFC Bank Business Credit Card give airport lounge access?
No lounge access is listed for this card.
What is the forex markup on the Paytm HDFC Bank Business Credit Card?
3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Paytm HDFC Bank Business Credit Card?