Sbi Phonepe black real life experience of benefits

[whiteBenzene]

There's a lot of confusion regarding the benefits of SBI PP Black.
1. Utility bills/insurance etc - some people on reddit reported that only OTP based transactions are getting 10% and upi based transactions are getting 1%. ( Both have inconvenience fees which varies)
2. Redemption problem - many reported getting 4:1 conversion rate and minimum redeemable points are 2000 or 500. ( Not sure as saw multiple contradicting E-mail replies from sbi.
Some did get reply regarding redemption fee but as of now it's not charged. ( multiple sources)
3. Are all categories points are separate or combined?

People who are using this card, shed a light on this.

Also, does this card comes with separate limit or have to split?

p.s Yet to receive physical card.

 

[mmr]

There's a lot of confusion regarding the benefits of SBI PP Black.
1. Utility bills/insurance etc - some people on reddit reported that only OTP based transactions are getting 10% and upi based transactions are getting 1%. ( Both have inconvenience fees which varies)
2. Redemption problem - many reported getting 4:1 conversion rate and minimum redeemable points are 2000 or 500. ( Not sure as saw multiple contradicting E-mail replies from sbi.
Some did get reply regarding redemption fee but as of now it's not charged. ( multiple sources)
3. Are all categories points are separate or combined?

People who are using this card, shed a light on this.

p.s Yet to receive physical card.

How do I apply?

 

[whiteBenzene]

How do I apply?

You could check PhonePe app if it's there. If not, use sprint.

SBI PhonePe Select Black: https://www.sbicard.com/sprint/PhonepeSelect

SBI PhonePe Purple: https://www.sbicard.com/sprint/Phonepe

 

[mmr]

You could check PhonePe app if it's there. If not, use sprint.

SBI PhonePe Select Black: https://www.sbicard.com/sprint/PhonepeSelect

SBI PhonePe Purple: https://www.sbicard.com/sprint/Phonepe

How do I apply without getting rejected? I mean maximum chances of approval

 

[HumorSimpson]

Now this thread too will move into oblivion of how to apply etc. Please don't entertain anything apart from your queries.

1. UPI always gave 10%. I have a detailed table here covering otp and upi. https://www.technofino.in/community/threads/phonepe-sbi-card-–-cvp-new-sbi-cc-launching.42666/post-1086352
2. AFAIK the points 1:1. Redemption fee 99+gst
3. Categories are separate. i.e., 20K utils , 40K ecoms and 1% upi are different categories where each have 2K earn limit.

 

[athar_007]

I have sbi phonepe black.
But I haven't started using it yet