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

 

[kuchbhikuchbhi is verified member.]

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

DAMN
He only tagged @SSV sir
I feel jealous 🤧

 

[SSV]

DAMN
He only tagged @SSV sir
I feel jealous 🤧

He he, i didn't get any tag notification,
May be he edited the post and inserted my tag later
yes..
these cards seem promising on the face of them......
Let's see...

 

[kuchbhikuchbhi is verified member.]

yes..
these cards seem promising on the face of them......
Let's see...

Just take look at this

PhonePe HDFC Bank Ultimo Credit Card

www.hdfcbank.com

 

[kuchbhikuchbhi is verified member.]

@Abhishek012 no fee on rupay on phonepe ryt?

 

[Gau₹av]

Ooh this card is competition to Chortel Axis, the devalued crippled FK Axis, their own Swiggy card and their own Millennia

But rewards seem unsustainable ESPECIALLY since they're over UPI and MDR isn't there for below ₹2K txns right? It will soon be changed to either have MOV for rewards or devalued. Won't be surprised if flat cashback becomes "up to"

 

[kuchbhikuchbhi is verified member.]

But rewards seem unsustainable ESPECIALLY since they're over UPI and MDR isn't there for below ₹2K txns right? It will soon be changed to either have MOV for rewards or devalued. Won't be surprised if flat cashback becomes "up to"

Sabse pehle aapne ghabrana nhi hai

 

[Abhishek012]

Ooh this card is competition to Chortel Axis, the devalued crippled FK Axis, their own Swiggy card and their own Millennia

But rewards seem unsustainable ESPECIALLY since they're over UPI and MDR isn't there for below ₹2K txns right? It will soon be changed to either have MOV for rewards or devalued. Won't be surprised if flat cashback becomes "up to"

All HDFC cobranded card offer flat 1% upto 500 on UPI spent. Nothing special about UPI.

Main benefit - 10% Cashback upto 1000 per month on Recharges & Bills, Travel & Stays (Flights, Bus, Trains and Hotels) and Pincode (only applicable for spends via Rupay CC on UPI).

These are big merchants. So, MDR already available. Anyway, this will be available only if done through the PhonePe app, right ? These are in-app transactions of PhonePe.

Select online platforms – Amazon, Flipkart, Myntra, Ajio, Uber, Swiggy, Zomato - 5% Reward Points - Capping of 500 Reward Points per month

I think applicable on both UPI and direct card otp based transaction, once again, these are big merchants. So, MDR already available.

Other card transaction - dnt know yet but i guess unlimited 1% or something, max 7500 per month (except some excluded categories).

 

[Gau₹av]

All HDFC cobranded card offer flat 1% upto 500 on UPI spent. Nothing special about UPI.

Main benefit - 10% Cashback upto 1000 per month on Recharges & Bills, Travel & Stays (Flights, Bus, Trains and Hotels) and Pincode (only applicable for spends via Rupay CC on UPI).

These are big merchants. So, MDR already available. Anyway, this will be available only if done through the PhonePe app, right ? These are in-app transactions of PhonePe.

Select online platforms – Amazon, Flipkart, Myntra, Ajio, Uber, Swiggy, Zomato - 5% Reward Points - Capping of 500 Reward Points per month

I think applicable on both UPI and direct card otp based transaction, once again, these are big merchants. So, MDR already available.

Other card transaction - dnt know yet but i guess unlimited 1% or something, max 7500 per month (except some excluded categories).

Oh right I forgot that rule is only for small merchants. Then perhaps due to the cobranded arrangement it may give Kiwi Yes Bank some competition

 

[nikhilv0303]

Why would anyone do that?
It’s like saying, Smartbuy ke saath commitment hai toh option toh dena hi padega!

 

[Abhishek012]

Why would anyone do that?
It’s like saying, Smartbuy ke saath commitment hai toh option toh dena hi padega!

View attachment 101730

Direct redeem on bank statement. Re1 RP = Re1.