If you want to add money to your Paytm wallet, here is a good offer. HSBC has got a decent cashback offer for adding money to Paytm wallet using its credit cards. Here are the details:
HSBC Offer: Add Money to Paytm Wallet
| Offer | Get 2.5% cashback on adding money to Paytm wallet |
| Maximum Cashback | Rs 150 |
| Minimum Add Money Amount | Rs 3000 |
| Offer Validity | 20th December to 31st December 2021 |
| Cashback Fulfillment | By 31st January 2022 |
| Offer Type | Valid on all HSBC Cards |
| T&C | HSBC Offer Link |
We need to add Rs 6000 to Paytm wallet to get the maximum cashback of Rs 150.
My View
Paytm allows the side-loading of its wallet through its partners (Uber, Zomato, etc.) up to a limit of Rs 4000 per month. Anything more than that amount has to be from the Paytm app.
Adding money by UPI/Debit Cards is free but adding money by credit cards is chargeable. The charge varies from 2.65% to 4% depending on the credit card and Paytm’s view of account history. This is where the HSBC offer is useful as the cashback offsets the charge levied by Paytm.
These spend also go towards annual fee waiver and spend targets where applicable. So, this is a good offer to add money into Paytm wallets using an HSBC credit card without any charges. 🙂
I think you have wrote Amex instead of HSBC in the last paragraph.
Thank you for pointing it out. Fixed 🙂