How To Use Paytm Cashback Points? Tips & Tricks

Written by: Kaushik Jethva

Last Updated: May 31, 2023

how to use paytm cashback points
How to use Paytm cashback points

If you are a Paytm user and have been shopping or making payments through the app, you may have noticed that you’ve earned some Paytm Cashback Points. What are these points? How to use Paytm cashback points? Don’t worry. This comprehensive guide will help you unravel the secrets behind Paytm Cashback Points and, more importantly, how to use them to maximise their benefits.

1 What are Paytm Cashback Points?

Paytm Cashback Points are rewards you earn when you perform certain transactions via Paytm. These transactions can include online shopping, making bill payments, mobile recharges, booking tickets, and many other services that Paytm offers.

These Cashback Points are essentially a way for Paytm to thank its users for their loyalty and trust in the platform. They act as incentives to encourage more transactions via Paytm and promote a digital economy.

2 How to Earn Paytm Cashback Points?

Earning Paytm Cashback Points is pretty straightforward. You can earn points every time you perform a transaction on Paytm. Different types of transactions earn you varying numbers of points.

For instance, if you shop via Paytm Mall or make bill payments through the app, you may get a certain percentage of your transaction amount back as Cashback Points. These points are usually credited to your Paytm wallet within 24 hours of the transaction.
Remember, the more you use Paytm for your transactions, the more points you are likely to earn.

3 How to Check Your Paytm Cashback Points?

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Check cashback points in Paytm

Keeping tabs on your Paytm Cashback Points is as easy as earning them. Here’s how:

Open the Paytm App: Begin by opening the Paytm app on your smartphone. Make sure you’re logged into your account.
Tap on ‘Passbook’: Once you’re in the app, you’ll see various options on the homepage. Locate and tap on ‘Passbook.’
Select ‘Paytm Cashback’: Within the ‘Passbook,’ you’ll find an option titled ‘Paytm Cashback.’ Tap on it to see your Cashback Points.

Now, you’ll be able to view your available Cashback Points along with their expiration dates. It’s essential to use your points before they expire, as they hold real monetary value.

4 How to Use Paytm Cashback Points?

paytm cashback points transaction history
Paytm cashback points transaction history

Now that you know how to earn and check your Cashback Points, let’s move on to the critical part – how to use them. You can utilise your Cashback Points in the following ways:

Use Them For Transactions on Paytm

You can use your Cashback Points for various transactions on Paytm. These points can be redeemed when shopping on Paytm Mall, paying utility bills, recharging your mobile, and more. When making a payment, select ‘Paytm Cashback Points’ as your payment method, and the equivalent amount will be deducted from your total points.

Convert Them Into Real Money

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Converting Paytm cashback points into vouchers

If you prefer, you can convert your Paytm Cashback Points into real money and transfer it to your bank account. You can do this by going to the ‘Passbook’ section in your Paytm app and choosing the ‘Paytm Cashback’ option. Next, tap on ‘Send Money to Bank.’ Enter the amount you wish to transfer (in points) and provide your bank details. The money will be transferred to your bank account within a few minutes.

You also have the option to donate your Paytm Cashback Points to various NGOs and charities partnered with Paytm. This can be a great way to contribute to a cause you care about without incurring any extra costs.

Buy Gift Vouchers

converting paytm cashback into gift vouchers
Converting Paytm Cashback into Gift Vouchers

Paytm provides an array of gift vouchers for various brands and services that you can purchase using your Cashback Points. To buy a gift voucher, select ‘Paytm Cashback Points’ as your payment method when checking out.

Use Them For Travel Bookings

Paytm Cashback Points can be redeemed when booking tickets for flights, trains, buses, or even hotels through the Paytm app. This can significantly cut down your travel expenses.

Use Them For Insurance Premium Payments

You can also use your Paytm Cashback Points to pay for insurance premiums on the Paytm app. This helps reduce your out-of-pocket expenses for these essential services.

5 Tips to Maximise Your Paytm Cashback Points

Here are some strategies to maximise your Paytm Cashback Points:

  • Frequent Transactions: The more transactions you make on Paytm, the more Cashback Points you earn. Hence, consider using Paytm for all your bill payments, recharges, and online shopping.
  • Look Out for Special Offers: Paytm regularly offers special deals and promotions that can earn you extra Cashback Points. Keep an eye on these offers to boost your points.
  • Use Paytm for Big Purchases: If you plan to make a significant purchase, consider using Paytm. This can earn you a large number of Cashback Points.
  • Don’t Let Points Expire: Keep track of the expiration dates of your Cashback Points and use them before they expire.

6 Wrapping Up

Paytm Cashback Points are an excellent way to save money on your transactions. They offer real value and can be used for various services on the Paytm platform, including shopping, bill payments, travel bookings, and more. With the tips provided in this guide, you should now be able to effectively earn, monitor, and use your Paytm Cashback Points. So go ahead, start maximising your Paytm experience, and save more with each transaction you make.

Remember, technology has made our lives more convenient, and services like Paytm make managing our finances a breeze. Stay tuned for more such guides to help you navigate the digital world with ease.

Disclaimer: Please note that the terms and conditions regarding Paytm Cashback Points can change based on Paytm’s policy. Always refer to the official Paytm website or app for the most accurate and up-to-date information.

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About This Article

Kaushik Jethva
Written by: Kaushik Jethva author

This article has been viewed 668 times.

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Updated: May 31, 2023
Views: 668 views