Whenever I try to add money in my paytm wallet using my sbi credit card an extra charge is also added to the transaction. Does SBI apply any fee for loading a wallet like Paytm, and how much is it exactly?

Naman · July 31, 2025, 9:19am

Yesterday, I used my SBI credit card to add ₹2,000 to my Paytm Wallet so I could book movie tickets quickly. But later, I saw some extra charges on my card statement. Why does SBI charge a fee for wallet top-ups, and is there a way to avoid it?

Human · July 31, 2025, 10:24am

Yes, when you use your SBI credit card to add money to your digital wallet SBI treat this as a cash like transaction and charge a fee over it.

What usually gets added:-

Wallet loading fee: Around 1.5% to 2.5% of the transaction amount plus GST.
No reward points: Wallet loads dont earn reward points.
Interest charges: Sometimes interest starts from day one, just like with cash withdrawals.

How to avoid it:-

Use UPI or a debit card to load wallets, no extra charge.
Some credit cards occasionally waive wallet loading fees during offers (keep an eye out for those).
If you still want to use a credit card, check if your issuer has a co-branded paytm card with better terms.