Archive · 7 Aug 2025
PhonePe SBI Card SELECT BLACK: Key Features and Benefits
The PhonePe SBI Card SELECT BLACK is a credit card that gives you rewards.
You get extra rewards, like 10% back, when you pay bills, buy insurance, or book travel through PhonePe.
You also get rewards when you shop online and even when you pay with Scan & Pay.
The card provides perks such as airport lounge access and fuel savings, and it can give you money back on your spending.
If you spend a lot, you can get a gift voucher for travel, and the annual fee could be waived.
PhonePe SBI Card SELECT BLACK offers a 10% reward rate on utility bills, insurance, and travel expenses.
Cardholders receive 5 reward points per Rs. 100 spent on online purchases, capped at 2,000 points monthly.
The card provides 1 reward point per Rs. 100 on other eligible spends, including Scan & Pay, capped at 2,000 points monthly.
Cardholders can earn a Rs. 5,000 Yatra gift voucher upon spending Rs. 5 lakhs annually.
Benefits include complimentary domestic airport lounge access and a fuel surcharge waiver.
- Who
- The PhonePe SBI Card SELECT BLACK is for individuals seeking rewards on spending.
- What
- The PhonePe SBI Card SELECT BLACK is a credit card offering rewards and benefits.
- When
- The information pertains to the current benefits offered by the card.
- Where
- The card benefits apply across various locations and spending categories.
- Why
- The card offers rewards and other benefits, potentially making it attractive for regular users.
Cardholder
Potential Cardholder
Cost vs Benefit
Cardholder
Benefit from 10% value back on bills and other eligible spends.
Potential Cardholder
Cards come with annual and joining fees.
- Reward Rate (Utility Bills, etc.)
- 10%
- Reward Rate (Online Spends)
- 5%
- Reward Rate (Other Spends)
- 1%
- Joining Fee
- Rs. 1,499 + Taxes
- Annual Fee
- Rs. 1,499 + Taxes
- Welcome Benefit
- Rs. 1,500 PhonePe Gift Card
- Annual Spend for Fee Waiver
- Rs. 3 lakhs
- Fuel Surcharge Waiver
- 1% (Rs. 500-Rs. 4,000 transactions)
