Archive · 26 Jun 2025
PhonePe and HDFC Bank Launch Co-Branded RuPay Credit Card
PhonePe and HDFC Bank have created a credit card together.
This card uses RuPay and works with UPI, so you can use it to pay at stores and online that accept UPI.
You get rewards when you use the card for things like paying bills, travel, and shopping.
It comes in two versions and is easy to manage through the PhonePe app.
This card is designed to be easy to use for those who do a lot of things digitally.
PhonePe and HDFC Bank have launched a co-branded RuPay credit card.
The card aims to provide credit card access to digital-first consumers.
Users earn reward points on spending in categories such as bill payments and travel.
The card integrates with UPI, allowing payments at numerous merchants.
The card is available in 'Ultimo' and 'UNO' variants.
- Who
- PhonePe and HDFC Bank users, digital-first consumers.
- What
- The launch of a co-branded RuPay credit card by PhonePe and HDFC Bank.
- When
- Not explicitly stated in the article.
- Where
- Online and physical merchants accepting UPI.
- Why
- To widen credit card access and promote UPI-based credit usage.
Advantages
Disadvantages
Reward benefits
Advantages
Users earn rewards on spending.
Disadvantages
No opposing views presented in the article.
Payment integration
Advantages
Seamless UPI payments.
Disadvantages
No opposing views presented in the article.
- Partners
- PhonePe, HDFC Bank
- Card Network
- RuPay
- UPI Integration
- Yes
- Card Variants
- Ultimo, UNO
- Reward Category
- PhonePe app spends, online merchants, UPI 'Scan & Pay'
- Airport Lounge Access
- Two complimentary domestic per quarter
