SBI Card and PhonePe launched a co-branded bank card to reward prospects for normal spending. The PhonePe SBI Card is accessible in two variants, PhonePe SBI Card SELECT BLACK and PhonePe SBI Card PURPLE.
Clients can earn as much as 10 per cent reward factors on on a regular basis spends like Recharges, Invoice Funds, Insurance coverage, Flights, Motels, Pincode (a hyperlocal supply app) & extra whereas making purchases on the PhonePe app with the PhonePe SBI Card SELECT BLACK. They will additionally obtain as much as 5 per cent reward factors on different on-line purchases.
Greater than only a card. It’s an expertise, crafted for India.
Introducing the PhonePe x @sbicard Credit score Card:
10% Reward Factors on on a regular basis spends
5% on on-line indulgences
100% becoming a member of charge again as a PhonePe Present CardDiscover now : https://t.co/vlJ5N6DeKv pic.twitter.com/9OeSr4j7w0
— PhonePe (@PhonePe) July 22, 2025
The brand new playing cards are based mostly on RuPay and VISA networks. RuPay variants could also be linked to UPI for funds throughout hundreds of thousands of UPI retailers. The VISA playing cards could also be tokenised for on-line use securely.
The playing cards reward prospects for spending throughout grocery payments, invoice funds, journey bookings, utility payments, insurance coverage premiums, and extra. The welcome provide comes again as PhonePe e-gift vouchers, Rs 1,500 for SELECT BLACK and Rs 500 for PURPLE.
Each playing cards have milestone journey vouchers. SELECT BLACK card members obtain a Rs 5,000 journey voucher on annual spends of Rs 5 lakh. PURPLE card members obtain Rs 3,000 on Rs 3 lakh annual spends.
It additionally consists of different advantages akin to entry to home lounges, Precedence Go membership for SELECT BLACK prospects, and a waiver of 1 per cent gasoline surcharge.
The shopper can apply for the cardboard and pay payments immediately throughout the PhonePe app. SBI Card MD & CEO Salila Pande acknowledged that the partnership will promote using bank cards and digital funds in India. PhonePe CEO Sameer Nigam acknowledged that the affiliation will make formal credit score extra accessible.
The launch will go stay in phases on the PhonePe app.
Methods to get a PhonePe SBI Card SELECT BLACK and Purple?
To get the cardboard, that you must observe 2 straightforward steps:
1. Enter particulars on the PhonePe App
2. Full KYC with SBI card
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