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Side-by-Side Comparison|Updated March 2026

Paytm SBI Card SELECT 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

Paytm SBI Card SELECT

7.2/10
Annual Fee₹1,499
Base Rewards1%
NetworkVisa
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SBI Card

Paytm SBI Card

7.5/10
Annual Fee₹499
Base Rewards1%
NetworkRuPay
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Feature-by-Feature Comparison

FeaturePaytm SBI Card SELECTPaytm SBI Card
Annual Fee₹1,499₹499
Joining Fee₹1,499₹499
Fee Waiver Spend₹2,00,000N/A
Base Reward Rate1%1%
Reward CurrencyReward PointsReward Points
NetworkVisaRuPay
Editor Rating7.2/107.5/10
Forex Markup3.5%3.5%

Accelerated Rewards

Paytm SBI Card SELECT

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

Paytm SBI Card

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

Pros & Cons

Paytm SBI Card SELECT

Pros

  • High 5% reward rate on Paytm Travel, Movies, and Mall purchases.
  • Direct 1:1 redemption value where 1 Reward Point equals ₹1.
  • Complimentary 1-year Paytm First Membership worth ₹750.
  • Milestone vouchers worth up to ₹6,000 annually on high spends.

Cons

  • International lounge visits via Priority Pass are fully chargeable.
  • High foreign currency markup of 3.5% plus GST.
  • Reward points are not earned on wallet loads, fuel, or rent.

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, Paytm SBI Card SELECT could be the better pick if its specific category strengths match your spending habits.

Choose Paytm SBI Card SELECT if

Maximizes value through 5% rewards on travel and movies booked via the Paytm app.

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: Paytm SBI Card SELECT or Paytm SBI Card?
Paytm SBI Card edges ahead overall with a stronger combination of rewards and value. However, Paytm SBI Card SELECT could be the better pick if its specific category strengths match your spending habits.
What is the annual fee difference between Paytm SBI Card SELECT and Paytm SBI Card?
Paytm SBI Card SELECT has an annual fee of ₹1,499, while Paytm SBI Card has an annual fee of ₹499. Paytm SBI Card SELECT offers a fee waiver on ₹2,00,000 annual spend.
Which card has better rewards: Paytm SBI Card SELECT or Paytm SBI Card?
Paytm SBI Card SELECT offers a base reward rate of 1% with accelerated rewards on Paytm Travel and Paytm Movies. 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 Paytm SBI Card SELECT and Paytm SBI Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. Paytm SBI Card SELECT and Paytm SBI Card can complement each other if they cover different reward categories.
Which card is better for beginners: Paytm SBI Card SELECT or Paytm SBI Card?
For beginners, Paytm 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.

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