PhonePe, HDFC Bank launch co-branded RuPay credit card with UPI integration

[damn]

PhonePe HDFC Co-Branded Credit Cards | PhonePe QR Credit cards

Enjoy the best of UPI in a credit card

www.phonepe.com

New card launch just now; will be available to apply for from app only.
@SSV

 

[Wealth is my birth right!]

the capping ..

Airtel is for very small payment.

Thanks both so the winner will be ultimo
My app shows “coming soon”

 

[npraghatate]

Ultimo in town 😍

 

[OptiCard]

Ultimo in town 😍

Bhai bhai.....

Huemin toh app pe hi nahi aa raha hai (still coming soon). Ye kon hai ?

 

[HumorSimpson]

Ultimo in town 😍

ek gaon mein ek kisan raghutata

 

[akshayhs]

ek gaon mein ek kisan raghutata

FFS I double-checked the name on the card to make sure it is not the same person.

 

[HumorSimpson]

FFS I double-checked the name on the card to make sure it is not the same person.

You Thamizh ? I recollect that you are Kannadiga

 

[OptiCard]

Anyone saw the terms & conditions on SBI phonepe ?

I could see 10% on insurance as well for SBI but not for HDFC ??

What is the capping & exclusions ??

 

[HumorSimpson]

Anyone saw the terms & conditions on SBI phonepe ?

I could see 10% on insurance as well for SBI but not for HDFC ??

What is the capping & exclusions ??

guess would be similar like the hdfc one

10% Reward Points on SCapped at 1000 Reward Points per calendar month

 

[OptiCard]

After seeing the phonpe page I thought the SBI is better compared to HDFC as it's giving 10% on insurance as well but capping of 1000 moving me back to HDFC. 😅

 

[HumorSimpson]

guess would be similar like the hdfc one

10% Reward Points on SCapped at 1000 Reward Points per calendar month

scratch that
https://www.sbicard.com/sbi-card-en...l/credit-cards/rewards/phonepe/tnc/RP-tnc.pdf

sbi has bettter

PhonePe Spends 10 RP/100 (Max 2000/Month)
Online spends 5 RP/100 (Max 2000/Month)
Other spends 1 RP/100 (Max 2000/Month)
Other conditions
Utilities spends and Insurance spends outside PhonePe
would accrue only base Reward Points (1 Reward Point /
Rs. 100) (max 500 / month)

 

[HumorSimpson]

After seeing the phonpe page I thought the SBI is better compared to HDFC as it's giving 10% on insurance as well but capping of 1000 moving me back to HDFC. 😅

you are correct ... sbi has 2000 limit. read my above post

 

[OptiCard]

scratch that
https://www.sbicard.com/sbi-card-en...l/credit-cards/rewards/phonepe/tnc/RP-tnc.pdf

sbi has bettter

PhonePe Spends 10 RP/100 (Max 2000/Month)
Online spends 5 RP/100 (Max 2000/Month)
Other spends 1 RP/100 (Max 2000/Month)
Other conditions
Utilities spends and Insurance spends outside PhonePe
would accrue only base Reward Points (1 Reward Point /
Rs. 100) (max 500 / month)

So 2K limit over each section --> Moving back to SBI.

Better Phonepe write all conditions.

 

[OptiCard]

@Abhishek012

Hope the SBI tricks work with this card as well for online 5% 😅

 

[rajcasio]

RUPAY SCAN & PAY has two things - OFFLINE & ONLINE
OFFLINE - 1%
ONLINE - 5%..they must give..otherwise no point in issuing a RUPAY variant

This applies to HSBC Cashback Rupay too

 

[npraghatate]

ek gaon mein ek kisan raghutata

Laughing hard from last 5 minutes 🤣

 

[Abhishek012]

RUPAY SCAN & PAY has two things - OFFLINE & ONLINE
OFFLINE - 1%
ONLINE - 5%..they must give..otherwise no point in issuing a RUPAY variant

This applies to HSBC Cashback Rupay too

Lena hai toh RuPay he lena hai Visa kyun lena. 😏😏 HSBC Cashback RuPay completely different card, no Visa variant available. So, its your choice HSBC Cashback RuPay lena hai toh lo warna maat lo.

Anyway, I think SBI Phonepe offer - 10% Reward point on Utility through card card otp based transaction. (So, we need to pay some conv fee)

HDFC Phonepe offer - 10% Cashback on Utility directly through UPI. (So, no conv fee charged).

 

[OptiCard]

Lena hai toh RuPay he lena hai Visa kyun lena. 😏😏 HSBC Cashback RuPay completely different card, no Visa variant available. So, its your choice HSBC Cashback RuPay lena hai toh lo warna maat lo.

Anyway, I think SBI Phonepe offer - 10% Reward point on Utility through card card otp based transaction. (So, we need to pay some conv fee)

HDFC Phonepe offer - 10% Cashback on Utility directly through UPI. (So, no conv fee charged).

I don't think there would be any difference with that between these 2 cards.

Still overall could see, SBI is way way better than HDFC. The main reason is 2K.

Just pay Rs.500 extra in year but get return more than that in a month.

 

[Wealth is my birth right!]

scratch that
https://www.sbicard.com/sbi-card-en...l/credit-cards/rewards/phonepe/tnc/RP-tnc.pdf

sbi has bettter

PhonePe Spends 10 RP/100 (Max 2000/Month)
Online spends 5 RP/100 (Max 2000/Month)
Other spends 1 RP/100 (Max 2000/Month)
Other conditions
Utilities spends and Insurance spends outside PhonePe
would accrue only base Reward Points (1 Reward Point /
Rs. 100) (max 500 / month)

Yes 2k cap alone makes sbi winner

 

[HumorSimpson]

I don't think there would be any difference with that between these 2 cards.

Still overall could see, SBI is way way better than HDFC. The main reason is 2K.

Just pay Rs.500 extra in year but get return more than that in month.

Also SBI 🖤 black 1 ✈️ Langar per quarter without any min spends.

 

[Wealth is my birth right!]

Also SBI 🖤 black 1 ✈️ Langar per quarter without any min spends.

Yes that’s a good use case…by the way when can we apply?

SBI Card and PhonePe Forms Strategic Partnership; Launch Co-Branded PhonePe SBI Card

SBI Card, India’s largest pure-play credit card issuer, in partnership with PhonePe announced the launch of PhonePe SBI Card, today

www.phonepe.com