SBI Card - PhonePe SBI Card – CVP new SBI CC launching | TechnoFino - #1 Community Of Credit Card & Banking Experts

TechnoFino · 2025-07-17T16:03:06+00:00

SBI Card and PhonePe launched two new co-branded credit cards today, on July 22, 2025 — the PhonePe SBI Card SELECT BLACK and the PhonePe SBI Card SELECT PURPLE. These two cards are specifically designed for users who are highly active within the PhonePe ecosystem and for those who frequently shop online. They offer a lucrative reward structure for bill payments and online purchases, making them attractive options in the credit card space. Let's dive into the complete details of both credit cards and then evaluate whether these cards have the potential to make a significant impact. Original Thread Started By @Arkapal Sen, Edited by TechnoFino for sharing opinion & initial review. PhonePe SBI Card SELECT BLACK 💳 PhonePe SBI Card SELECT BLACK [CreditPedia Link (complete details): https://creditpedia.in/wiki/SBI_PhonePe_Select_Black_Credit_Card] (Available on RuPay & Visa) 🎁 Welcome Benefit Get a ₹1,500 PhonePe Gift Card within 45 days of joining fee payment. Gift card will be sent via your registered email or mobile number. 💰 Reward Points 🔹10 RP/₹100 on PhonePe & Pincode spends (Max 2000/Month) 🔹 5 RP/₹100 on other eligible online spends (Max 2000/Month) 🔹 1 RP/₹100 on all other spends (Max 2000/Month) 🔹 1 Reward Point = ₹1 & can be redeemed as Statement Credit 🏆 Milestone Benefit 🎫 Get a Yatra Voucher worth ₹5,000 on ₹5L annual spends ✈ Travel Privileges 🌐 International Lounge Access – Complimentary Priority Pass Membership (worth $99) for first 2 years 🏢 Domestic Lounge Access – 4 free visits/year (1 per quarter) ⛽ Fuel Surcharge Waiver – 1% waiver on transactions between ₹500–₹4,000 – Max ₹250/month per card account – GST & other charges excluded 📅 Fees & Waivers 💵 Joining Fee: ₹1,499 + GST (Welcome gift worth ₹1,499) 🔁 Renewal Fee: ₹1,499 + GST ✅ Annual Fee Reversal on ₹3L annual spend (from 2nd year onwards) 💳 PhonePe SBI Card PURPLE [CreditPedia Link (complete details): https://creditpedia.in/wiki/SBI_PhonePe_Purple_Credit_Card] (Available on RuPay & Visa) 🎁 Welcome Benefit Get a ₹500 PhonePe Gift Card within 45 days of joining fee payment. Gift card will be sent via your registered email or mobile number. 💰 Reward Points 🔹 3 RP/₹100 on PhonePe & Pincode spends 🔹 2 RP/₹100 on other eligible online spends 🔹 1 RP/₹100 on all other spends 🔹 1 Reward Point = ₹1 & can be redeemed as Statement Credit 🏆 Milestone Benefit 🎫 Get a Yatra Voucher worth ₹3,000 on ₹3L annual spends ⛽ Fuel Surcharge Waiver – 1% waiver on transactions between ₹500–₹3,000 – Max ₹100/month per card account – GST & other charges excluded 📅 Fees & Waivers 💵 Joining Fee: ₹499 + GST (Welcome gift worth ₹500) 🔁 Renewal Fee: ₹499 + GST ✅ Annual Fee Reversal on ₹1L annual spend (from 2nd year onwards) TNC LIST : https://www.sbicard.com/sbi-card-en/assets/docs/pdf/ekit-tncs/PhonePe-select-ekit.pdf TechnoFino Opinion / Initial Review: Both the SBI PhonePe Select credit cards are well-suited for users who frequently pay bills, insurance premiums, and make recharges on PhonePe. With the SBI PhonePe Select Black card, you can earn 10% value back on bill payments — up to ₹2,000 per month — which is an excellent proposition. Unless you're using a high-reward airmiles credit card and purchasing Amazon Pay vouchers from an accelerated rewards portal to pay your bills, this "black beauty" offers a straightforward way to earn substantial rewards directly on utility payments. Both variants of the card are appealing, but the SBI PhonePe Select Black stands out. For just ₹1,000 more in annual fees, you get an additional ₹1,000 monthly cap on rewards for bill payments and online spends — a significant advantage. Without a doubt, it offers better value for money and is a highly recommended credit card. If you're someone currently using the SBI Cashback Credit Card and have substantial monthly utility spends, you've likely missed out on rewards — as the Cashback card doesn't offer cashback on utility bill payments. The PhonePe Select Black fills that gap with 10% value back on those transactions. It also offers 5% back on general online spends, making it a strong all-rounder. However, do note that the monthly cashback cap is ₹2,000 — ₹3,000 less than the SBI Cashback card’s ₹5,000 cap. So, depending on your spending habits and priorities, choose the card that best aligns with your needs.

Threadmarks Anumati revoke New

Pho3nix

TF Premier

Yesterday at 1:31 PM

#1,198

cool_jazz said:
Even MAB maintained as they told on call.
now how to remove that anumati and other bank permissions

What's the required MAB according to jokers? https://app.anumati.co.in/ Go to ACTIVE, under manage consents, click Consent details, and then click Revoke to revoke Anumati consent.