PhonePe SBI Card SELECT BLACK on School & college fees
No. The PhonePe SBI Card SELECT BLACK earns no rewards on School & college fees.
On School & college fees
0%
Other spends
1%
Rank for School & college fees
#108 of 149
Annual fee
₹1,499 + Taxes
What to know before you pay on School & college fees
How it works
10% on bills, recharges and utilities paid in the PhonePe app, 5% on online merchants and 1% elsewhere, with points worth ₹1. All rewards stop at about 1,500 points a month since July 2026. Electricity and insurance 10% only when paid in the PhonePe app.
Caps & rules
- Up to 10% reward points on PhonePe and Pincode app spends, up to 5% on other online merchants, 1% on other eligible spends.
- 1 point = ₹1.
- From 1 Jul 2026 monthly caps were cut (reported as 1,500 points a month, 500 on insurance) and tolls, jewellery, education and non-PhonePe utilities were excluded.
- ₹1,499 fee waived at ₹3 Lakh.
Reward limits
- All reward points: max 1,500 points per month (from 1 Jul 2026)
No rewards on
Fuel, rent, wallet loads; from 1 Jul 2026 tolls, jewellery, education and utilities paid outside PhonePe
Checked 2026-10-11 · Bank terms
Cards that earn more on School & college fees
-
#1
HDFC Infinia Credit Card Metal Edition
HDFC Bank · ₹12,500 + Taxes
3.33%
Apply now -
#2
HDFC Diners Club Black
HDFC Bank · ₹10,000 + Taxes
3.33%
Apply now -
#3
ICICI Bank Emeralde Private Metal Credit Card
ICICI Bank · ₹12,499 + Taxes
3%
Apply now
Where else the PhonePe SBI Card SELECT BLACK earns more
Questions
Does the PhonePe SBI Card SELECT BLACK give rewards on School & college fees?
No. The PhonePe SBI Card SELECT BLACK earns no rewards on School & college fees.
Is there a limit on PhonePe SBI Card SELECT BLACK rewards?
Up to 10% reward points on PhonePe and Pincode app spends, up to 5% on other online merchants, 1% on other eligible spends. 1 point = ₹1. From 1 Jul 2026 monthly caps were cut (reported as 1,500 points a month, 500 on insurance) and tolls, jewellery, education and non-PhonePe utilities were excluded. ₹1,499 fee waived at ₹3 Lakh.
Which credit card is best for School & college fees?
HDFC Infinia Credit Card Metal Edition is the best pick for regular spending on School & college fees, with 3.33% back. The PhonePe SBI Card SELECT BLACK ranks #108 of 149 cards we compared, by what each returns after caps.