PhonePe SBI Card Launched! What It Will Offer To Users? Airport Lounge Access, Groceries, Travel Booking, More

PhonePe SBI Card Launched: In its first-ever partnership with SBI Card, PhonePe has launched its co-branded credit cards to offer wide range of benefits. PhonePe SBI Card customers can get discounts and reward points on airport lounge access, travel and hotel bookings, grocery shoppings, and other spends.

The credit card comes in two variants, ie PhonePe SBI Card PURPLE, PhonePe SBI Card SELECT BLACK. The two variants offer different types of benefits and discounts based on customer preferences. Both of these variants are available on the RuPay and VISA payments network and they will give consumers the choice of network that best suits their needs.

What Will PhonePe SBI Card Offer To Its Users?

PhonePe SBI Credit Card offers up to 10% value back as reward points on essential and frequent PhonePe in-app transactions. Additionally, customers can also get up to 5% value back as reward points on all their online spends.

What Do PhonePe SBI Card SELECT BLACK Offers?

PhonePE SBI Card SELECT BLACK comes with a welcome e-gift voucher of Rs 1,500 and a joining fee payment of Rs 1,499. It also provides up to 10% value back reward points whenever customers spend on PhonePe and Pincode application. They can also earn 5% value back as reward points on all other online merchant spends, and 1% value back as reward points on all other eligible spends.

All these reward points can be redeemed to settle outstanding credit card bills or avail e-gift vouchers from SBI Card redemption catalogue. PhonePe SBI Card SELECT BLACK users can enjoy Rs 5,000 travel voucher on completing an annual spend of Rs 5 lakh.
Four complimentary domestic lounge visits per year, complimentary priority pass membership for international lounge access, are other benefits of the co-branded credit card.

What Do PhonePe SBI Card PURPLE Credit Card Offer?

PhonePE SBI Card PURPLE will offer Rs 3,000 travel voucher when users will spend up to Rs 3,00,000 in annual spends. Additionally, PURPLE as well as BLACK variant offer a 1% fuel surcharge waiver.

PURPLE credit card users will get Rs 500 e-gift voucher on joining fee payment. It will also offer accelerated rewards on PhonePe and PinCode platform and earn up to 3% value back as reward points. They can earn up to 2% value back as reward points on online spends.

Additionally, they can earn around 1% value back as reward points on all other eligible spends. Additionally, PhonePe SBI Credit Card's both variants offer fuel surcharge waiver, spend based reversal, milestone benefits, and other exclusive offers.

SBI Cards and Payment Services Limited, known as SBI Card, is a non-banking financial entity. It provides a vast array of credit cards tailored for both individual users and corporate clients. These offerings encompass lifestyle, rewards, travel & fuel, and banking partnership cards. Additionally, they offer corporate cards catering to various income profiles and lifestyles.

As of March 2025, SBI Card boasts an impressive base of over 20 million active cards. This extensive reach highlights the brand's significant presence in the credit card market. The company employs a diverse customer acquisition strategy, engaging potential clients through multiple channels.