PhonePe Black SBI credit card vs Airtel Axis credit card

[skywalker]

I want a credit card for my Airtel bill payment of ₹2500 per month, along with good benefits for other bill payments, recharges etc. I was thinking of getting the Airtel Axis credit card which would offer me 25% off on Airtel recharges and bill payments upto ₹250 per month. But then I read about the newly launched PhonePe SBI Black co-branded credit card, and it seems to be offering more than Airtel Axis CC, at least prima facie. Can someone please suggest which one of these is a better card overall, for bill payments, recharges and other benefits?

 

[nayra]

no
sbi phonepe also gives 5% on online spends! just like sbi cashback

So with 500 extra you get 10% on bills but online 5% is capped at 2k instead of 5k of CB. Well 40k seems good enough monthly for me...

Not sure if SBI will give me the card tho... Almost 25L CL due to shared limits and few months over 1 year credit history. Already got rejected once but when credit history was less than 1y

 

[Manishg]

SBI (Over-leverage) Cards HDFC ka market nahi kha sakta.

SBI cards has over leverage issue only
Hdfc has many issues like one person can’t take first card phonepe because they not give then core one also they not allow users who have already one card although cobranded they had never increase my credit limit also from 1.4 years limit stuck to 45000 while in sbi 153000 simply click. Almost more than triple of limit by hdfc. Also hdfc excluded cobranded cards from instant discount offer but sbi only excludes Cashback card untill now.

 

[Strange]

SBI cards has over leverage issue only
Hdfc has many issues like one person can’t take first card phonepe because they not give then core one also they not allow users who have already one card although cobranded they had never increase my credit limit also from 1.4 years limit stuck to 45000 while in sbi 153000 simply click. Almost more than triple of limit by hdfc. Also hdfc excluded cobranded cards from instant discount offer but sbi only excludes Cashback card untill now.

but still approval rate of HDFC Phonepe cards will be higher than SBI (Over-leverage) Cards because they don't have to worry about overleverage issue So they can easily issue n number of co-branded cards with the shared limit if it has been applied from their partner app.

I'm pretty SBI will also exclude phone cards for instant discount offers like Cashback and Paytm cards.

 

[Slayer]

SBI (Over-leverage) Cards HDFC ka market nahi kha sakta.

Factos

Bhai available hai
Above 30k I can’t test since no policy with me….
Charges keep that max 2% for all categories so that 8% our profit
So pls apply imo

If net return is 8% then i am happy with unlimited 7% from adani one signature

 

[Wealth is my birth right!]

SBI cards has over leverage issue only
Hdfc has many issues like one person can’t take first card phonepe because they not give then core one also they not allow users who have already one card although cobranded they had never increase my credit limit also from 1.4 years limit stuck to 45000 while in sbi 153000 simply click. Almost more than triple of limit by hdfc. Also hdfc excluded cobranded cards from instant discount offer but sbi only excludes Cashback card untill now.

Ultimo still coming soon only
Atleast to me

 

[Manishg]

but still approval rate of HDFC Phonepe cards will be higher than SBI (Over-leverage) Cards because they don't have to worry about overleverage issue So they can easily issue n number of co-branded cards with the shared limit if it has been applied from their partner app.

I'm pretty SBI will also exclude phone cards for instant discount offers like Cashback and Paytm cards.

But they not give more cobranded card also to some people if you have already one or two if your limit is low like mine.

And yes, approval rate is high because many customers of HDFC who has Bank account have credit card so they give approval on that Bank account basis if you have high number of transactions or more balance.

But yes, since past year HDFC also stopped giving pre approved offers. Very rarely any one got preapproved offer I am seeing on forum. And also who got money back or freedom.

 

[Das.N]

Should I apply for SBI phonepe select black?

I have 14.6L actual credit limit but for those shared limit cards the credit limit in Cibil is 24L approx.

Annual Income approx 8L

Is there any chance of card approval from SBI? I already have SBI Simplyclick with 2.87L limit.
Should I try? Or just leave it

 

[Manishg]

But they not give more cobranded card also to some people if you have already one or two if your limit is low like mine.

Should I apply for SBI phonepe select black?

I have 14.6L actual credit limit but for those shared limit cards the credit limit in Cibil is 24L approx.

Annual Income approx 8L

Is there any chance of card approval from SBI? I already have SBI Simplyclick with 2.87L limit.
Should I try? Or just leave it

1 percent chance of approval they will show shared limit as different because they don't know. Otherwise you can try, 1 enquiry will not make much difference or nil difference.

 

[6ix9ine]

1 percent chance of approval they will show shared limit as different because they don't know. Otherwise you can try, 1 enquiry will not make much difference or nil difference.

SBI doesn't give shared limit, they always generate new for new CC.

 

[nikhilv0303]

I pay every month around 3.5K how much does SBI black give? I don't have either of them currently pay via APay by buying voucher from infinia.
Should I try getting either of these?

Isn’t using Apay bought using Infinia better option?

 

[Wealth is my birth right!]

SBI doesn't give shared limit, they always generate new for new CC.

Core card 1 limit
Co branded 2 cards shared limit
Total 3 cards possible if no leverage concerns

 

[skywalker]

Bhai available hai
Above 30k I can’t test since no policy with me….
Charges keep that max 2% for all categories so that 8% our profit
So pls apply imo

Wait, while paying electricity, mobile postpaid, piped gas bills via PhonePe (using PhonePe SBI Black CC), would they charge 2% convenience fees too?

 

[Wealth is my birth right!]

Wait, while paying electricity, mobile postpaid, piped gas bills via PhonePe (using PhonePe SBI Black CC), would they charge 2% convenience fees too?

Yes
Convenience fee is new robbery in all aps

 

[cardy]

Yes
Convenience fee is new robbery in all aps

And the convenience fee is not charged by credit card company.
It's by the app.

Wait, while paying electricity, mobile postpaid, piped gas bills via PhonePe (using PhonePe SBI Black CC), would they charge 2% convenience fees too?

 

[skywalker]

Yes
Convenience fee is new robbery in all aps

Damn, MobiKwik doesn’t charge it yet though. It’s a bummer that PhonePe does. Kinda shadows a major benefit of this card, however 8% cashback is still not a bad deal.