PhonePe SBI SELECT BLACK Credit Card

🌟 Card – Core Features

✅ 10RP / ₹100 on PhonePe and Pincode spends
✅ 5RP / ₹100 on Online spends
✅ 1RP / ₹100 on Other spends
✅ Best for Utilities, Insurance and Online

Apply for Card: –

💳 Fees & Bonuses

Category	Details
Joining Fees	₹1,500+ GST
Joining Bonus	**₹1,500 PhonePe Gift Voucher (within 45 days after paying Annual Membership fees)**
Annual Fees	₹1,500 + GST (waived off on annual spends of ₹3 Lakh)
Renewal Bonus	NA

💳 Card Issuer

• Issuer – Rupay (Select), Visa

💳 Rewards Earning

Category	PhonePe SBIC Card SELECT BLACK Rewards
PhonePe Spends Recharges, Utilities, Bill Payments, Insurance, Travel and PhonePe PINCODE.	10 RP/100 (Max 2000/Month)
Online spends Amazon, Swiggy, Zomato, Uber, Myntra , Nykaa, BookMyShow, MakeMyTrip, Blinkit, District, Zepto, Rapido	5 RP/100 (Max 2000/Month)
Other spends	1 RP/100 (Max 2000/Month)
Online transactions on Utilities and Insurance outside PhonePe	1 Reward Point / Rs. 100 (max 500 / month)
Scan & Pay transactions	1% Value Back

• Accelerated spends 1 – 10 RP / ₹100 (PhonePe spends) –
  • Max Points – 2000
  • Max spends – ₹20,000/month
• Accelerated spends 2 – 5 RP / ₹100 (Online spends) –
  • Max Points – 2000
  • Max spends – ₹40,000/month
• Other spends – 1 RP / ₹100
• Value of 1 RP = ₹1
• You can redeem your Reward Points against a vouchers or for cash
• Reward Point balance shall be forfeited at the end of the 13th month (if no transaction on card)

Exclusions

• No Rewards on following
• No Reward Points applicable on fuel transactions, wallet upload, rent payment, education services and government spends, EMI transactions, and cash withdrawal

• Fuel Surcharge Waiver
  • 1% across all Fuel Pumps
  • Transactions amount between ₹500 up to ₹4,000
  • Maximum waiver ₹250 per statement cycle
• Railway Surcharge – ₹10 or 2.5% of the transaction amount, whichever is higher. Railways will also levy a processing charge of ₹30 per transaction.

💳 Milestone Benefit

• ₹5,000 Yatra Voucher worth on reaching annual spend of ₹5 Lakh

💳 Redemption

• Cashback directly in statement

💳 Lounge

• 4 Domestic per year (1/quarter)
• Complimentary membership to Priority Pass Program worth $99 for first two years of Cardholder Membership

💳 Competition

Axis Airtel Credit Card

SBI Cashback Credit Card

HDFC PhonePe Credit Card

💳 Eligibility Criteria

• Age between 18 to 65 years old
• Minimum income of 4,00,000 per year
• Be an Indian resident
• Reside in Chennai, Gurgaon, Delhi National Capital Region (NCR), Pune, Noida, Hyderabad, Mumbai, Bangalore, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad or Kolkata

💳 Important Links

Apply for Card: –

Official Link: – https://www.sbicard.com/en/personal/credit-cards/rewards/phonepe-sbi-card-select-black.page

MITC: – https://www.sbicard.com/en/most-important-terms-and-conditions.page