Vyaya
Side-by-Side Comparison|Updated March 2026

OLA Money SBI Card vs Paytm SBI Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

SBI Card

OLA Money SBI Card

6.5/10
Annual Fee₹499
Base Rewards1%
NetworkVisa
View Full Details

SBI Card

Paytm SBI Card

7.5/10
Annual Fee₹499
Base Rewards1%
NetworkRuPay
View Full Details

Feature-by-Feature Comparison

FeatureOLA Money SBI CardPaytm SBI Card
Annual Fee₹499₹499
Joining FeeFree₹499
Fee Waiver Spend₹1,00,000N/A
Base Reward Rate1%1%
Reward CurrencyOla MoneyReward Points
NetworkVisaRuPay
Editor Rating6.5/107.5/10
Forex Markup3.5%3.5%

Accelerated Rewards

OLA Money SBI Card

No accelerated rewards listed

Paytm SBI Card

  • 0% on Paytm Mall
  • 0% on Paytm Travel
  • 0% on Paytm Movies
  • 0% on Paytm App Spends

Pros & Cons

OLA Money SBI Card

Pros

  • Industry-leading 7% reward points on all Ola rides and Ola Postpaid spends.
  • Direct 1:1 redemption value where 1 Reward Point equals ₹1 in Ola Money wallet.
  • Significant travel benefits on Cleartrip including up to 12% cashback on activities.
  • Zero joining fee and an easily achievable annual fee waiver at ₹1 Lakh spend.

Cons

  • Monthly reward capping of 500 points on Ola rides limits benefits for heavy commuters.
  • No complimentary domestic or international airport lounge access.
  • Base reward rate of 1% on other spends is relatively low compared to competitors.

Paytm SBI Card

Pros

  • 3% reward points on Paytm Mall, movies, and travel bookings via Paytm app.
  • 2% reward points on all other purchases made through the Paytm app.
  • 1% reward points on all other retail spends, including offline and online stores.
  • Complimentary 1-year Paytm First Membership worth ₹750 as a welcome benefit.

Cons

  • No annual fee waiver based on spending; fee is fixed at ₹499.
  • No complimentary domestic or international airport lounge access.
  • Rewards are credited as Paytm Gift Vouchers, not direct statement credit.

Our Verdict

Paytm SBI Card edges ahead overall with a stronger combination of rewards and value. However, OLA Money SBI Card could be the better pick if its specific category strengths match your spending habits.

Choose OLA Money SBI Card if

Frequent Ola users can maximize the 7% cashback on daily rides to significantly reduce travel costs.

Choose Paytm SBI Card if

High reward rates of 2-3% on the Paytm ecosystem make it very rewarding for frequent app users.

Frequently Asked Questions

Which is better: OLA Money SBI Card or Paytm SBI Card?
Paytm SBI Card edges ahead overall with a stronger combination of rewards and value. However, OLA Money SBI Card could be the better pick if its specific category strengths match your spending habits.
What is the annual fee difference between OLA Money SBI Card and Paytm SBI Card?
OLA Money SBI Card has an annual fee of ₹499, while Paytm SBI Card has an annual fee of ₹499. OLA Money SBI Card offers a fee waiver on ₹1,00,000 annual spend.
Which card has better rewards: OLA Money SBI Card or Paytm SBI Card?
OLA Money SBI Card offers a base reward rate of 1%. Paytm SBI Card offers 1% base rewards with bonuses on Paytm Mall and Paytm Travel. The better choice depends on your primary spending categories.
Can I have both OLA Money SBI Card and Paytm SBI Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. OLA Money SBI Card and Paytm SBI Card can complement each other if they cover different reward categories.
Which card is better for beginners: OLA Money SBI Card or Paytm SBI Card?
For beginners, OLA Money SBI Card may be more approachable with a lower annual fee of ₹499. However, evaluate based on your expected spending pattern rather than fee alone.

Related Comparisons

OLA Money SBI Card vs Axis Bank - Flipkart Axis Bank Credit CardPaytm SBI Card vs Axis Bank - Flipkart Axis Bank Credit CardOLA Money SBI Card vs Paytm HDFC Bank Credit CardPaytm SBI Card vs Paytm HDFC Bank Credit CardOLA Money SBI Card vs Axis Bank ACE Credit CardPaytm SBI Card vs Axis Bank ACE Credit Card

Explore More

OLA Money SBI Card Full ReviewPaytm SBI Card Full ReviewAll SBI Card CardsBrowse All Credit CardsCredit Card Guides & Tips