Know About Paytm First Credit Card Complete Guide

Most people use the Paytm application as the payment gateway for generating successful payments through their banks. But Paytm has been improved into a shopping app as well. Not so long ago Paytm launched its first credit card proposal in collaboration with CitiBank.

Know About Paytm First Credit Card Complete Guide Discussion
What is a Paytm first credit card? Paytm First Credit Card offers several discounts that you can enjoy. You can get your cashback on the monthly statement of the credit card bill.
Best Features and Usefulness of the Paytm First Credit Card It offers Cashback benefits, Travel benefits, Lifestyle benefits and etc
Paytm first credit card apply online You have to open the official website of the Citi Bank. Accordingly, in the Account, choose the type of Credit Card and do whatever is asked further
How does a person activate the  Paytm First card? You will need to set up the card PIN
How does a person earn and redeem cashback? The cashback will be automatically charged to your card only 2 days after the monthly bill is produced
What does CitiBank Offer on Paytm First Credit Card? Dining Offers, entertainment, and lifestyle benefits and other offers
Eligibility of the Paytm First Credit Card There are no special eligibility standards to apply for this Paytm first credit card
Fee & Charges First credit card is the annual fee worth Rs.500
How to get a Credit card statement? Once the bill is produced, it will be sent to your registered email address
How does a person pay the first credit card bill? Through the Paytm First card passbook only
Paytm First Card Credit Limit Paytm gives a credit limit on the card depending on the individual’s income and credit score only.

What is a Paytm first credit card?

The title of the card is the Paytm First Credit Card which has a lot of fascinating offers and discounts that you can enjoy. You’ll get your cash back on the monthly statement of the credit card bill. If you make your dining thrifty through discounts on dining, you can get exclusive offers on movie tickets. There are several other benefits of this Paytm credit card. We’ll guide you to more details so that you can make the optimum use of them.

Best Features and Usefulness of the Paytm First Credit Card:

The brand new addition brings a lot of benefits to Paytm users. Explore all the offers of this new credit card and discover your savings for every month. The Annual fee of Rs.500 can be waived off. The 1% cashback on all trades made with the card only for Paytm First membership cardholders. All the advantages are given by Paytm, this includes:

1#) Cashback Benefits-

You’ll be able to enjoy 1% Cashback on the entire amount of your monthly statement. The cashback will be charged after the monthly statement is produced and the amount will be modified automatically.

2#) Welcome Benefits-

Also, enjoy up to 1000 INR Cashback as the welcome benefits on your credit card. But you have to surpass the transaction limit of 5000 INR within a month of card issuance in order to celebrate the cashback.

3#) Rejoice the Membership of Paytm First-

The Paytm First Subscription encompasses a bunch of exciting offers and discounts. You will get the membership unrestricted on this credit card.

4#) Lifestyle Benefits-

You’ll be given exciting offers on Reliance Digital through Paytm First Credit Card.

5#) Movie Benefits-

With the help of Paytm’s first credit card, you’ll be getting Free movie tickets worth Rs.1,200.

6#) Travel Benefits-

Get limited Cashback on all your bus bookings up to Rs.1,200. On flight ticket bookings, get a cashback of up to Rs.12,000 as well.

7#) Entertainment Benefits-

A free 1-year subscription of Eros Now worth almost Rs.2,000, and make the most of the unrestricted subscription of Gaana worth Rs.999 for an entire year.

8#) Brand Benefits-

Also, offers from The Man Company worth Rs.2,400 are quite fascinating too. For women, it offers products worth Rs.6,000 from Ombre Lane.

9#) Accessories Offer-

You’ll be receiving a discount coupon on eyeglasses and sunglasses from Cool winks worth Rs.4,800.

10#) Additional Benefits-

Enjoy a 10% deal on all your Premier cab bookings on Uber with free OYO Wizard Blue membership which is worth Rs.499.

Apart from this, you will get multiple offers for Zomato, Big Basket, Grofers, and other applications.

Paytm first credit card apply online:

To apply for your first Paytm Credit card, you have to open the official website of the Citi Bank. Then, in the Account, you have to choose the type of Credit Card. Now, it’d ask you to enter the Card Number of the Paytm First, then the CVV No. and your Date of Birth. After the process, you will receive an OTP on your registered mobile number. Then, set up the PIN, User ID, and Password of your intention. Finally, Your Paytm Credit Card will be generated after pursuing the above steps.

Now, to be precise, follow the instructions. You can apply for your credit card through the latest version of the Paytm mobile application.

  • Begin with opening the application, then you have to click on Paytm, the first card. You will be required to fill in the mandatory application form.
  • After the form is deferred and surveyed by Citibank itself, the bank diplomat will reach you to complete the KYC procedure.
  • The credit card will accordingly be mailed to your enrolled address.

How does a person activate the  Paytm First card?

After receiving the mail, the credit card is lent to you in a pre-activated state. But you can shortly start using it for any manner of online transactions.

But for any sort of offline trade, you will require to set up the card PIN. Well, the rest of the information is mentioned above.

How does a person earn and redeem cashback?

As a Paytm credit cardholder, you will be authorized to 1% cashback on all trades done with the respective card. The cashback will be automatically charged to your card only 2 days after the monthly bill is produced.

What does CitiBank Offer on Paytm First Credit Card?

Along with the Paytm application, users who hold this card also acquire a category of offers from Citi Bank since it is co-powered with the bank. These offers include:

1#) Dining Offers and Benefits-

CitiBank offers to enjoy discounts of up to 15% on all restaurants who are partnered with this particular Bank.

2#) Entertainment Benefits Offer 1

Also, you will be getting an offer on movie tickets through Paytm Movies.

Terms and Conditions:

By adding a specific code, you can benefit from the offer of getting 2 movie tickets at the price of 1. The offer is usable only on Fridays. It is only available on all Citi credit and debit cards.

1#) Lifestyle Benefits-

A broad variation of lifestyle benefits are offered by Citibank, it can be appreciated with your Paytm First credit card. You can get instant savings of up to Rs.25,000 through MakeMyTrip Cashback of up to Rs.3,000 on the investment of the Oppo Reno series with Citibank credit cards. Also, a 40% discount on a yearly subscription of Zomato Gold. 35% conservation on orders from EazyDiner. 20% Cashback on all orders from Swiggy, and Cashback of up to 10% on investments made on Snapdeal.

Eligibility of the Paytm First Credit Card:

There are no specific eligibility standards to apply for this Paytm first credit card. The Paytm First card is accessible solely for selected clients since there has been an increased number of petitions since its overture.

Fee & Charges:

It is not much but only the foremost fee for the Paytm First credit card is the annual fee worth Rs.500.

How to get a Credit card statement?

Once the bill is generated, it will be sent to your registered email address. Along with this you can also log in to your CitiBank account and download the billing statement.

How does a person pay the first credit card bill?

You have to pay the credit card ordinance on Paytm itself through the Paytm First card passbook and nothing else.

Paytm First Card Credit Limit:

Paytm application has not restricted a certain credit limit of the card. The credit limit entirely depends on the revenue of the person and the CIBIL Score. A user inclines to get a higher credit margin who has a favorable CIBIL Score and great income. Therefore, you can do your Paytm first credit card apply, and get a good credit line if you are retaining a high-income and good CIBIL Score. Paytm gives a credit limit on the card relying upon the individual’s income and credit score only.

Final Words:

There are plenty of other beginner level credit cards available in the market that have been provided useless offers by the launch of Paytm cards since they do not have a bonus system as good as Paytm itself.

Other groups mostly offer you rewards but not a direct cashback which bestows Paytm First Credit card an added edge. It implies, there are a lot of bluffs about certain advantages when it comes to cashback offers.

Since most of the people are already using Paytm for travel and entertainment bookings, and for the other stuff, the extra rewards for the same are quite an attraction. While the card is not a mark for premium credit card users, it is yet an incredible card for the people looking to get their first credit card.

There clearly isn’t any bluff on what Paytm offers to you, it is a huge hit since its inauguration. Credit card advantages are truly useful and valuable. Go ahead, we can promise that you will not be disappointed with your experience with Paytm’s first credit card.

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