About PhonePe SBI Card SELECT BLACK
SBI Card has partnered with PhonePe to offer two co-branded options—SBI PhonePe Purple and the premium SBI PhonePe SELECT BLACK. This SBI credit card is a strong rewards credit card as well as a shopping credit card, offering up to 10% rewards on PhonePe transactions like recharges, bill payments, insurance, travel bookings, and purchases on the PINCODE app.
The card also provides 5% rewards on other eligible online spends without strict merchant restrictions, while offline and Scan & Pay transactions earn 1% rewards. All rewards can be redeemed in a 1:1 ratio for cashback or vouchers. Additional benefits include complimentary domestic lounge access, a welcome voucher that offsets the joining fee, a ₹5,000 Yatra voucher, and milestone-based fee waiver benefits.
In comparison, PhonePe HDFC Ultimo—its main competitor—limits 5% rewards to select platforms like Myntra, Swiggy, and Amazon, whereas this card offers broader coverage. Although HDFC’s variant offers more lounge visits, they come with spend conditions and lack milestone rewards beyond fee waiver.
PhonePe SBI Card SELECT BLACK Rewards Program
Rewards Program
- Earn 10X reward points on PhonePe spends like utilities, recharges, travel, insurance and bill payments
- Earn 5X reward points on online spends
- Earn 1 reward point per ₹100 on other spends, including offline and non-PhonePe transactions
- Monthly capping of 2,000 points per category (500 points for utilities/insurance outside PhonePe)
- Redeem points at ₹1 per point for vouchers or cashback
Suggested Read: Best Rewards Credit Cards for Everyday Spending
Other Features and Benefits
Welcome Benefit
- Get ₹1,500 PhonePe gift card on joining fee payment
Lounge Access
- Enjoy 4 complimentary domestic lounge visits per year (max 1 per quarter)
- Get complimentary Priority Pass membership for the first 2 years
Also Check: Best Lounge Access Credit Cards
Milestone Benefit
- Get ₹5,000 Yatra voucher on ₹5 lakh annual spends
Fee Waiver
- Annual fee waived on spends of ₹3 lakh in a year
Fuel Benefit
- Get 1% fuel surcharge waiver up to ₹250 per month on spends between ₹500–₹4,000
Also Read: Best Fuel Credit Cards
Fees and Charges
| Particulars | Amount |
|---|
| Joining/Annual Fee | Rs. 1,499 + Applicable Taxes |
| Finance Charges | 3.75% p.m. (45% p.a.) |
| Late Payments Fees | | On outstanding balance of – | | | Up to Rs. 500 | Nil | | More than Rs. 500 to Rs. 1,000 | Rs. 400 | | More than Rs. 1,000 to Rs. 10,000 | Rs. 750 | | More than Rs. 10,000 to Rs. 25,000 | Rs. 950 | | More than Rs. 25,000 to Rs. 50,000 | Rs. 1,100 | | More than Rs. 50,000 | Rs. 1,300 |
|
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Document Required For PhonePe SBI Card SELECT BLACK
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Click here to know More Terms and Conditions
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
PhonePe SBI Card SELECT BLACK Highlights
What do we like about this card?
- Earn 10X reward points on PhonePe spends like utilities, recharges, travel, insurance and bill payments
- Earn 5X reward points on online spends
- Earn 1 reward point per ₹100 on other spends, including offline and non-PhonePe transactions
- Monthly capping of 2,000 points per category (500 points for utilities/insurance outside PhonePe)
- Enjoy 4 complimentary domestic lounge visits per year (max 1 per quarter)
- Get complimentary Priority Pass membership for the first 2 years
Things to Know Before you apply
Get this card if:
- You want higher rewards on online shopping and everyday spends
- You frequently use PhonePe for UPI payments, recharges, and bill payments
- You spend on utilities, insurance, and similar categories and want rewards on them
- You travel within India often and can benefit from travel rewards and vouchers
Pros
- Up to 10% rewards on spends via PhonePe
- 1:1 reward redemption for cashback or vouchers
- Complimentary domestic lounge access
- ₹5,000 Yatra voucher as milestone benefit
Cons
- Rewards earnings are capped
- Priority Pass membership available only for the first 2 years
- No free international lounge access
SBI Bank Credit Card Contact Details
SBI Bank Credit Card offers multiple ways to get assistance for your credit card queries and services.
- Contact Address: SBI Cards and Payment Services Limited, Wazirpur, New Delhi
- Helpline: Dial 39 02 02 02 or 1860 180 1290 (prefix local STD code)
- Simply SMS: Send an SMS to 5676791 from your registered mobile number
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Frequently Asked Questions
The RuPay variant allows you to earn 1% value-back on UPI Scan & Pay transactions.
Yes, this card is available on both Visa and RuPay networks.
Yes, you can earn 1% rewards on utility and insurance spends even when paid outside the PhonePe app.
No, it does not offer complimentary international lounge visits. However, it provides Priority Pass membership for the first 2 years.
Yes, offline spends earn 1% rewards, which are capped at 2,000 points per month.
