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PhonePe SBI Card PURPLE
Annual fee₹499
RewardsPoints
Earns hardest on
UPI 3.0%Online 2.0%
SBI • VisaOnline shopping

PhonePe SBI Card PURPLE

Updated 12 Feb 2026PendingLow confidence1 source checked
Freshness warning: last verified 139 days ago (12 Feb 2026). Treat fees, rewards, lounge access, and offers as stale until refreshed.
Modeled value for your spend≈ ₹1,089/yr
₹30,000/mo
Pays for itself above ₹10,000/moFull breakdown
Get it if

Route PhonePe-native spends first, and use a fallback card for excluded or weak-yield categories

Skip it if

Not all UPI and online spends are treated uniformly under acceleration logic

For PhonePe-First Users with Regular App-Led Payments. 3% on upi spend. ₹499 fee, waiver at ₹1,00,000 / year. Skip it for lounge access.

Quick Overview

What matters before you apply.

You should be able to scan the fee, waiver rule, best use case, lounge condition, and biggest downside in one pass.

Why get it

Why you should get it

PhonePe-First Users with Regular App-Led Payments

  • Up to 3 RP per ₹100 on PhonePe app spends
  • 2 RP per ₹100 on other online spends and 1 RP per ₹100 on offline spends
  • Annual fee reversal at ₹1L annual spend
  • Co-branded offer ecosystem tied to PhonePe rails
Why skip it

Why you may regret it

These are the rules and drawbacks most likely to make the card feel disappointing after signup.

  • Reward exclusions apply across several everyday MCC categories
  • Reward acceleration is primarily PhonePe-led and may underperform for non-PhonePe usage
  • Annual fee needs either waiver or consistent accelerated usage to stay efficient
Annual Fee₹499Joining fee ₹499
Spend to Waive Fee₹1,00,000 / yearWaived on ₹1L annual spend
Best Category Return3%UPI spend
Lounge Access ConditionNo accessNo lounge access listed.

Quick notes

How to use the card well, and what to watch before applying.

How to use it well

  • Route PhonePe-native spends first, and use a fallback card for excluded or weak-yield categories.
  • Track points accrual and conversion value month-wise to maintain real return visibility.
  • Compare periodically against broad cashback cards if your spends shift away from PhonePe rails.

Watch before applying

  • Not all UPI and online spends are treated uniformly under acceleration logic.
  • Co-brand benefit mechanics can evolve with issuer-partner updates.
  • Ignoring exclusion categories can quickly reduce realized value.
Compare or Switch

What to do if this card is close, but not perfect.

Compare this card side-by-side or jump into a few strong alternatives before you move into the deeper research sections.

Compare this cardBrowse similar cards

Same-bank step-up path

These are objective same-bank step-up options from the current rewards and lounge model.

Step 1

PhonePe SBI Card SELECT BLACK

Annual fee: Free

Shared focus: OnlineHigher product tier within same bank+42 more lounge visits in current dataset
View Details
Step 2

Flipkart SBI Credit Card

Annual fee: ₹500

Shared focus: Rewards, OnlineHigher top earn rate (7.5%)Estimated +₹3,348/yr value
View Details
Step 3

Flipkart SBI Card

Annual fee: ₹500

Shared focus: OnlineHigher top earn rate (5.0%)Estimated +₹3,348/yr value
View Details

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