Cashback SBI Credit Card on PhonePe
No. The Cashback SBI Credit Card earns no rewards on PhonePe.
On PhonePe
0%
Other spends
1%
Rank for PhonePe
#132 of 149
Annual fee
₹999 + Taxes
What to know before you pay on PhonePe
How it works
5% on any online merchant (no partner list), until the ₹2,000 per cycle cap. Railways (IRCTC), telecom and utility bills earn nothing.
Caps & rules
- From 1 Apr 2026: 5% on online spends capped at ₹2,000 per statement cycle, 1% offline capped at ₹2,000; ₹4,000 total per cycle.
- Cashback auto-credited within 2 days of the next statement.
Reward limits
- 5% on online spends: max ₹2,000 per statement cycle
- 1% on offline spends: max ₹2,000 per statement cycle
No rewards on
Utilities, telecom (MCC 4814), DTH, insurance, jewellery, education, railways, gift/novelty shops, quasi-cash, gaming, tolls, government, fuel, rent, wallet, Merchant EMI/Flexipay
Checked 2026-09-27 · Bank terms
Cards that earn more on PhonePe
-
#1
PhonePe SBI Card SELECT BLACK
SBI Card · ₹1,499 + Taxes · Max ₹1,500 a month
10%
Apply now -
#2
HSBC Live+ Credit Card
HSBC Bank · Free · Max ₹1,200 a month
10%
Apply now -
#3
PhonePe HDFC Bank Ultimo Credit Card
HDFC Bank · ₹2,999 + Taxes · Max ₹1,000 a month
10%
Apply now
Where else the Cashback SBI Credit Card earns more
Questions
Does the Cashback SBI Credit Card give rewards on PhonePe?
No. The Cashback SBI Credit Card earns no rewards on PhonePe.
Is there a limit on Cashback SBI Credit Card rewards?
From 1 Apr 2026: 5% on online spends capped at ₹2,000 per statement cycle, 1% offline capped at ₹2,000; ₹4,000 total per cycle. Cashback auto-credited within 2 days of the next statement.
Which credit card is best for PhonePe?
PhonePe SBI Card SELECT BLACK gives the most on PhonePe, 10% back. The Cashback SBI Credit Card ranks #132 of 149 cards we compared.