Paytm HDFC Bank Business Credit Card
- Updated On: 18 May, 2026
Paytm HDFC Bank Business Credit Card is a Co-Branded business card by HDFC Bank in partnership with Paytm, made exclusively for Paytm customers. The card is also best suited for business professionals who can get quick loans for their businesses at Low-cost EMI options. HDFC Bank also offers two personal credit cards named Paytm HDFC Bank Credit Card and Paytm HDFC Bank Credit Card Select in partnership with Paytm.
Paytm HDFC Bank Business Credit Card comes with an annual fee of ₹500 and the renewal fees of ₹500 as well. The card is best known for its cashback on all purchases in Paytm Mall and 3% cashback on monthly bill payments. The card offers milestone benefits of up to ₹500 worth of Gift Vouchers on spends of ₹1 Lakh in a year (non-EMI spends). The card appears to be a small version of the Paytm HDFC Bank Select Business Credit Card, with small benefits but also lower annual charges. We are here with a detailed review of this credit card. Keep reading for more information:
Paytm HDFC Bank Business Credit Card
( 4.1 / 5 )
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- Joining Fee
- Annual Fee
- Best Suited For
- Reward Type
Rewards Rate
3% on All Purchases on Paytm [Recharge + Utility + Movies + Mini App]
Welcome Benefits
₹250 Voucher After Making Two Transactions in the First 30 Days of Card Issuance
Rewards and Benefits
Movie & Dining
Upto 20% discount on partner restaurants via Dineout.
Rewards Rate
3% on All Purchases on Paytm [Recharge + Utility + Movies + Mini App]
Reward Redemption
Redeem your Cashpoints as Cashback along with other redemption options.Re.1 Cashpoint =Re.1 Cashback for redemption against the statement balance. Re.1 Cashpoint = Re.0.3 for redemption against travel benefits like Flight & Hotel bookings and Rewards Catalogue at the SmartBuy Rewards Portal.
Travel
You can use the Cashbacks to book hotel/flights bookings on Smartbuy
Domestic Lounge Access
N/A
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
N/A
Fees & Charges
Spend-Based Waiver
Renewal fee waived off on spending Rs. 50,000 or more in the previous year and First Year Fee waived off on spending Rs. 30,000 (Non-EMI spends) within the first 90 days.
Rewards Redemption Fee
No Rewards Redemption Fee on redemption of Cash points towards cashback on statement.
Foreign Currency Markup
3.5% (plus applicable taxes)
Interest Rates
3.6% per month (43.2% annually)
Fuel Surcharge Waiver
1% fuel surcharge waived off for all transactions between Rs. 400 & Rs. 5,000 and Maximum Cashback of Rs. 250 per statement cycle.
Cash Advance Charges
2.5% of the amount transacted or a minimum of Rs. 500.
Product Details
- Get 3% on all purchases on Paytm [Recharge + Utility + Movies + Mini App] Max. Cap per Calendar Month – Rs. 500
- Get 2% cashback on all other Paytm spends. Max. Cap per Calendar Month – Rs. 500
- Get 1% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, and Education Spends), Max. Cap per Calendar Month – Rs. 1000
- Zero cost liability on reporting the lost card to the bank’s 24-hour call center.
- Get a 1% fuel surcharge waiver.
- Get ₹250 worth of Gift Voucher on doing two transactions within 30 days upon card activation.
Paytm HDFC Bank Business Credit Card Features and Benefits
Paytm HDFC Bank Business Credit Card is a great deal for earning cashback if you incur a lot of daily transactions on Paytm and for shopping through Paytm Mall. Apart from that, the card also offers a number of additional benefits like complimentary Paytm First membership, Fuel Surcharge waiver, and much more.
Welcome Benefit
Gift voucher worth ₹250 after making two transactions within 30 days of card issuance.
Milestone Benefit
- ₹500 worth of Gift vouchers on spending a minimum of ₹1 Lac in a year (Non-EMI Spends).
- The renewal fee can also be waived off on a minimum spending of Rs. 50,000 or more in the previous year.
Fuel Surcharge Waiver
The cardholders can get a 1% waiver on the surcharge applicable on fuel purchases made with the Paytm HDFC Bank Business Credit Card. The waiver is applicable only on fuel transactions between Rs. 400 and Rs. 5,000, and the maximum waived amount is capped at Rs. 250 per statement cycle.
Activation Benefit
The cardholders can enjoy a ₹250-worth Gift Voucher upon card activation with six transactions in the first 90 days. (Non-EMI Spends).
Paytm HDFC Bank Business Credit Card Rewards
Paytm HDFC Bank Business Credit Card is a cashback-based credit card that comes with great cashback rewards. As the card is in partnership with Paytm, the cashback rewards will be in the form of Paytm vouchers, which can be used for making transactions on Paytm Mall and for other uses. Cashbacks are of:
- 3% on all purchases on Paytm [Recharge + Utility + Movies + Mini App].
- 2% cashback on all other Paytm spends.
- 1% Cashback on all other retail transactions (excluding Fuel, EMIs, Rental, and Education Spends).
Reward Redemption
The cashback earned on the Paytm HDFC Bank Business Credit Card is given to the cardholder as Cashpoints. Cash points can also be redeemed by the customer against the outstanding balance as cashback or can be used for redeeming against other categories such as Smartbuy (Flights/Hotels), Airmiles & Product Catalog.
Advantages of Paytm HDFC Bank Select Credit Card
- Gift Voucher: You get a complimentary gift voucher worth Rs. 500 on spending a minimum of Rs. 1,00,000 with the card in a year.
- Contactless Payment: Paytm HDFC Bank Business Credit Card enables the cardholders to make contactless payments at retail outlets.
- Quick loans for businesses: Paytm HDFC Bank Business Credit Card is made for business owners, where they can apply for low-cost loans. The card also offers up to 50 interest-free period upon issuance.
Drawbacks of Paytm HDFC Bank Business Credit Card
- Paytm HDFC Bank Business Credit Card is only rewarding if you go shopping and make other transactions on Paytm Mall often, as it offers 3% unlimited cashback offers on every transaction. However, if you rely more on other merchant transactions, then the return rate is very low, as it offers only 1% cash back on such transactions.
- Though the Paytm HDFC Bank Business Credit Card comes with an annual renewal fee of Rs. 500, it does not offer any complimentary airport lounge access, even being a business card. Therefore, if you are looking for a shopping as well as a travel reward card, this might not be a good fit.
Cards Similar To Paytm HDFC Bank Business Credit Card
| Benefits | Paytm HDFC Bank Business Credit Card | Paytm HDFC Bank SELECT Business Credit card |
| Annual Fees | Rs. 500 | Rs. 1,000 |
| Rewards Rate |
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| Reward Redemption |
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| Additional benefits |
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Bottom Line
The Paytm HDFC Bank Business Credit Card has been designed with daily online shoppers in mind. Especially those who use Paytm Mall on a regular basis. The card offers 3% cashback on all transactions on Paytm Mall and 3% cashback rewards on monthly bill payments. However, it only offers 1% cash back on other merchant transactions, which do not meet expectations.
The card also does not offer any airport lounge access, which is provided by other credit cards in the same line and by competitors. Apart from that, it does offer fuel surcharge waivers and good milestone benefits.
The Paytm HDFC Bank Business Credit Card offers many benefits similar to those of the Paytm HDFC Bank SELECT Business Credit Card, albeit in a limited capacity. Even with some drawbacks to it, we should not ignore the annual fee difference between the two. Considering these facts, the Paytm HDFC Bank Business Credit Card will be very rewarding if you do all your transactions and shopping from Paytm Mall and pay your bills with Paytm, as it will offer you a lot of cashback. This is our review of the Paytm HDFC Business Credit Card. Let us know your views in the comment section below!
FAQs:
How does a cardholder earn and redeem cashback?
The Cardholder will earn up to 3% cashback on all card spends (Non-EMI spends), which can be redeemed by the customer against outstanding balance as cashback or can be used for redeeming against other categories such as Smartbuy (Flights/Hotels), Airmiles & Product Catalog.
Can contactless transactions be done on the Paytm HDFC Bank Business Credit Card?
Yes, Paytm HDFC Bank Business Credit Card can be enabled for contactless payments, facilitating fast, convenient, and secure payments at retail outlets (Look out for the contactless network symbol on the card plastic). Do note that the contactless payments can only be done for the transaction amount of Rs 5,000. Transaction amount above Rs 5,000 will require the cardholder to enter the Credit Card PIN for security reasons.
What is the Paytm HDFC Business Credit Card Limit?
The credit limit of the Paytm HDFC Business Credit Card can be different for different cardholders. It may vary on the basis of the income of the applicant and several other factors.