What is the annual fee of the Paytm HDFC Bank Select Credit Card?

Rs 1,000 a year, before GST. It is waived if you spend Rs 1,50,000 in a year.

Does the Paytm HDFC Bank Select Credit Card give airport lounge access?

Yes. In India: 8 per year (2 per quarter). Outside India: none listed.

What is the forex markup on the Paytm HDFC Bank Select Credit Card?

3.5% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the Paytm HDFC Bank Select Credit Card?

Fuel, rent, government, wallet, EMI

M16S / HDFC Bank / Paytm HDFC Bank Select Credit Card

entry · cobrand, cashback

Paytm HDFC Bank Select Credit Card

HDFC Bank · with PaytmVisaLast checked 11 Oct 2026closed to new applicants

The Paytm HDFC Bank Select Credit Card costs Rs 1,000 a year, waived if you spend Rs 1,50,000 in a year. Its base return is 1% (1% on other retail spends). Accelerated earn: 5% on Paytm app purchases; 3% on Swiggy, Ajio, BigBasket, Uber. The forex markup is 3.5%. Lounge visits in India: 8 per year (2 per quarter). Read from the issuer's documents and an aggregator on 11 Oct 2026.

Annual fee: Rs 1,000+ GST
Fee waived at: Rs 1,50,000annual spend
Base return: 1%
Forex markup: 3.5%
Interest: 3.75%a month

Fees

Joining feeunverified	Rs 1,000
Annual feeunverified	Rs 1,000
Annual spend that waives the fee	Rs 1,50,000
Fee notes	First-year fee waived on Rs 50,000 spend in 90 days; annual fee waived on Rs 1.5 lakh spend (MITC).

Rewards

Reward currency	CashPoints
Base earn	1% on other retail spends
Base return	1%
Point value	1 CashPoint = Re 1 against statement; Rs 0.30 SmartBuy travel/catalogue
Accelerated earn	5% on Paytm app purchases; 3% on Swiggy, Ajio, BigBasket, Uber
Capsunverified	5%: Rs 1,500/month; 3%: Rs 500/month; 1%: Rs 2,000/month; cashback redemption 3,000 points/month (MITC)
Spends that earn nothing	Fuel, rent, government, wallet, EMI
Milestone benefits	Rs 500 voucher on Rs 50,000 quarterly spend
Reward notes	Base return = 1%.

Travel and perks

Domestic loungeunverified	8 per year (2 per quarter)
International lounge	None
Forex markupunverified	3.5%
Fuel surcharge waiver	1%, cap Rs 500 per cycle

Charges and eligibility

Interest per month	3.75%
Late payment fee	On outstanding balance: up to Rs 100 nil; 101-500 Rs 100; 501-1,000 Rs 500; 1,001-5,000 Rs 600; 5,001-10,000 Rs 750; 10,001-25,000 Rs 900; 25,001-50,000 Rs 1,100; above 50,000 Rs 1,300 (MITC)
Cash advance fee	2.5% of amount, min Rs 500
Eligibility	Closed to new applicants (aggregator)
Fine-print notes	Aggregator marks all Paytm HDFC consumer cards discontinued. 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 Select Credit Card?: Rs 1,000 a year, before GST. It is waived if you spend Rs 1,50,000 in a year.
Does the Paytm HDFC Bank Select Credit Card give airport lounge access?: Yes. In India: 8 per year (2 per quarter). Outside India: none listed.
What is the forex markup on the Paytm HDFC Bank Select Credit Card?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Paytm HDFC Bank Select Credit Card?: Fuel, rent, government, wallet, EMI