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Digital Wallet giant Paytm launches it’s First Credit Card

Digital Wallet giant Paytm today launched a credit card in partnership with Citi Bank. The new credit card is offering one percent “universal unlimited cashback” to customers along with no restrictions on earning categories. The credit card with no hidden fees or charges and is accepted in India and internationally.

There will be an annual fee of Rs 500 which customers have to pay for the credit card. However, the fee is claimed to be waived if customers spending exceeds Rs. 50,000 per year. The card can directly be applied for the Paytm First Card directly from the Paytm app. The card will offer Paytmpromo codes worth Rs. 10,000 on spending a minimum of Rs. 10,000 within the first four months after being issued.

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