New Delhi, Apr 06: PhonePe today announced a limited-time introductory offer on its recently launched PhonePe SBI Card, aimed at expanding access to premium financial benefits for digital-first consumers. Under this offer, the credit card is available with zero joining fee for the first year, making it an attractive option for users seeking rewards-driven spending.
Developed in partnership with State Bank of India, the PhonePe SBI Card is available on both RuPay and VISA platforms and is tailored for online transactions, offering a seamless and rewarding experience across everyday digital spends.
Key Benefits of the PhonePe SBI Card
- Zero Joining Fee: Enjoy premium card benefits at no cost for the first year
- 5% Rewards on All Online Spends: Earn across all digital purchases, irrespective of the brand
- 10% Rewards on PhonePe Categories: Higher rewards on recharges, utility bill payments, and everyday essentials
- 10% Savings on Insurance Payments: Additional benefits on insurance premiums paid via PhonePe
- 1% Rewards on RuPay Scan & Pay: Earn rewards even on UPI QR transactions
- Travel Benefits: Complimentary domestic airport lounge access (up to 4 visits annually) and Priority Pass membership for international lounges for 2 years
Reward points earned can be directly redeemed against the user’s credit card bill, with each point valued at ₹1, enabling tangible savings on monthly expenses.
The PhonePe SBI Card can be applied for directly through the PhonePe app, ensuring a fully digital, seamless onboarding process aligned with the evolving needs of modern consumers.
This initiative reinforces PhonePe’s commitment to democratizing financial access and delivering meaningful rewards to users across India.
