PhonePe SBI Card SELECT BLACK on PhonePe
Yes. The PhonePe SBI Card SELECT BLACK gives 10% back when you pay on PhonePe directly, compared with 1% on its other spends.
On PhonePe
10%
Other spends
1%
Rank for PhonePe
#1 of 149
Annual fee
₹1,499 + Taxes
What to know before you pay on PhonePe
Cap on PhonePe
Max ₹1,500 a month (1,500 points in total from 1 Jul 2026)
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.
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
Other good cards for PhonePe
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#2
HSBC Live+ Credit Card
HSBC Bank · Free · Max ₹1,200 a month
10%
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#3
PhonePe HDFC Bank Ultimo Credit Card
HDFC Bank · ₹2,999 + Taxes · Max ₹1,000 a month
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#4
6.67%
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Where else the PhonePe SBI Card SELECT BLACK earns more
Questions
Does the PhonePe SBI Card SELECT BLACK give rewards on PhonePe?
Yes. The PhonePe SBI Card SELECT BLACK gives 10% back when you pay on PhonePe directly, compared with 1% on its other spends.
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 PhonePe?
PhonePe SBI Card SELECT BLACK ranks #1 of 149 cards we compared for PhonePe.