Paytm Credit Card by Citi
KeepPaytm's card before SBI's — issued by Citi, priced per applicant, and largely forgotten.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Not valued. We can't value this card until the issuer publishes a fee schedule AND an earn table — we have neither number, so there is nothing to net off against nothing. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until Citibank publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
2 notes on the card itself: how it is issued · why it ranks #903
Why #903 The Citi–Paytm co-brand, and the one card in this issuer's Indian book that most people have forgotten was Citi's at all — the Paytm cards on this board today are SBI's, HDFC's and AU's. Carried thinly and honestly: Citi's own schedule of charges is the only document left.
The take
Paytm has put its name on cards from four different banks and this was the first: a Citibank N.A. product, marketed inside Paytm's own app rather than on the bank's site, which is exactly why so little of it survives. Citi's own schedule of charges is the last document standing and it is unusually blunt about the thing readers most want to know. Where every other Citi card prints a rupee fee, this one prints a sentence: joining and annual fees are communicated at the time of sourcing. A per-applicant price, undisclosed by design. What the schedule does fix is the rest of the cost of carrying it — a foreign-currency markup at the Indian standard of three and a half per cent, so no forex advantage; a fuel surcharge that the merchant's bank levies and Citi reverses, but only at authorised IndianOil outlets and only above a small floor; a railway booking surcharge; and, unusually, nothing at all to replace a lost, stolen or damaged card. There is no lounge line, no travel benefit and no published earn anywhere in the document. Citi's Indian consumer book went to Axis Bank and this card is not among the nine that migrated. If you are looking for a Paytm card today, the SBI, HDFC and AU ones are on this board with real numbers.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes a fee schedule AND an earn table — we have neither number, so there is nothing to net off against nothing. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Citibank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- Reissue of a lost, stolen or damaged card was NIL — a charge most Indian issuers levy
- The fuel surcharge was reversed at authorised IndianOil outlets, on the partner's own outlet list
- Late-payment charges started at nil for a statement balance up to ₹2,000
Watch out
- WITHDRAWN — Citi's Indian consumer book went to Axis Bank and this card is not one of the nine products on Axis's Forward Together migration site
- CITI NEVER PUBLISHED THE FEE: its own schedule of charges says joining and annual fees 'are communicated at the time of sourcing', so the price was set per applicant and is unknowable from any document
- NO FOREX ADVANTAGE: a 3.5% markup on the rupee equivalent, which is India's standard rather than a concession, and non-dollar spends are converted through US dollars first
- NO PUBLISHED EARN: no product page for this card survives on the bank's site — it was marketed inside Paytm's app — so no issuer document states how it earned
- No lounge access and no travel benefit appears anywhere in the surviving document
- The fuel-surcharge reversal ran on outlet details 'shared by the partner only', so an unlisted pump kept the charge
- Railway ticket booking carried a 1.8% surcharge, and Citi flags both surcharges as indicative because the acquirer sets them
What these points actually fly
Citibank has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Closed to new applications — existing cardholders keep the card; there is no way in.
You cannot. Citibank N.A. sold its Indian consumer business to Axis Bank, this card is not one of the nine products Axis carries on its Forward Together migration site, and citibank.co.in no longer resolves. Paytm's current co-brands are issued by other banks and are on this board under their own names.
Citibank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
7 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 15 Apr 2021Citi announces exit from Indian consumer bankingCiti credit cards, retail and wealth in India → Consumer business up for sale (later to Axis)
Citi called time on its Indian consumer arm — including its cult PremierMiles and Rewards cards — citing a lack of scale. The portfolio would eventually pass to Axis, ending one of India's most-loved rewards ecosystems.
- 12 Oct 2019Citi India guts reward earning on utilities, insurance, and tax
- 1 Dec 2017Citi PremierMiles' 10X 'Extra' partner program dies for good
- 1 Apr 2016Citi Prestige strips Etihad Guest Gold and partner perks
- 1 Feb 2015Citi PremierMiles doubles the cost of transferring to airline partners
- 16 Jul 2012Citibank kills Jet Airways co-brand, pivots to PremierMiles
- 16 Jul 2012Citibank Retires 13-Year Jet Airways Co-Brand, Launches PremierMiles
Every Citibank change we've dated → 7 events since 2012, 4 of them nerfs — worst year 2019.
Verified against Citibank's own documents on
Not published , and we will not invent it: the annual fee · the earn rate and the currency it earns.
Every document behind this page — 2 of them, each with the day we read it
- official Citi India's own "Schedule of Charges – Paytm Credit Card by Citi" (modified 30-Jul-2021, archived 23-Jan-2022) — the whole cost of carrying the card, and no fee figure in it
- official "Forward Together", Axis Bank's Citi-transition site — the closed nine-product set Citi India still had at the handover, which does not include this card