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PhonePe SBI Card
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PhonePe SBI Card

by SBI Card × PhonePe
4.6
Apps Finance Apps Cashback Credit Cards Finance Refer and Earn
Rating4.6 ★
Downloads500M+
CategoryApps
AndroidApply in PhonePe · SBI Card approval
Apply for the PhonePe SBI Card through this invite. If SBI Card issues the card, you can earn reward points on eligible spends such as PhonePe bills, online shopping and other purchases. Fees, caps and approval are set by SBI Card and PhonePe and can change.

Pros & cons

Pros
  • Apply digitally in PhonePe if you already use the app
  • Higher reward rate on eligible PhonePe recharges, bills, insurance and travel than on ordinary spends
  • 5% reward points on many eligible online merchants, and 1% on other eligible spends including Scan & Pay
  • Joining-fee variants often return a PhonePe gift voucher close to the fee after the first bill, if that welcome offer is active
  • Points are typically worth ₹1 each when redeemed as statement credit or vouchers on the SBI Card portal
Cons
  • Approval is not guaranteed — SBI Card can refuse the application
  • This is a credit card; unpaid balances attract interest and fees
  • The 10%, 5% and 1% figures are reward points with monthly caps, not unlimited cashback on every rupee
  • There is usually a joining and annual fee (SELECT BLACK is commonly ₹1,499 + GST); any waiver needs high yearly spend
  • Rewards generally start on transactions of about ₹100 or more; UPI spends outside PhonePe typically do not earn these rewards
  • Card terms, reward rates and welcome vouchers can change

How to get this & earn coins

1 Complete the offer

01Tap Apply for Card so the application opens from this referral link in PhonePe.
02Complete KYC and the SBI Card form. Submit only if you are comfortable with a credit check and with paying the card in full when possible.
03If SBI Card issues the card, activate it and use it for spends you already planned.
04Eligible PhonePe spends (recharges, bills, insurance, some travel) currently earn a higher point rate, with a separate monthly cap for insurance versus other PhonePe spends.
05Eligible online shopping earns a mid-tier point rate with its own monthly cap; other eligible spends earn the base rate. Redeem points in the SBI Card rewards section as statement credit or vouchers.

About PhonePe SBI Card

The PhonePe SBI Card is a co-branded credit card issued by SBI Cards and Payment Services, not by Play With Bhahuk. You tap the button, finish the application in PhonePe, and wait for SBI Card’s decision. If the card is issued and activated, you spend on it like any credit card and collect reward points on eligible transactions. Published rewards are about 10% value-back as points on eligible PhonePe spends (recharges, bills, insurance), about 5% on eligible online shopping and about 1% on other eligible spends, each with monthly caps. PhonePe’s invite screen says the person who shared the link may receive ₹200 as a PhonePe Gift Card after your card is issued. This is not guaranteed income and not a cash salary.

Why users choose the PhonePe SBI Card

  • One card aimed at people who already pay bills and shop through PhonePe
  • Clear published split: higher rewards on PhonePe, mid rewards online, base rewards elsewhere
  • Digital apply-and-track flow inside PhonePe
  • Welcome voucher on some variants that can offset the joining fee after the first bill
  • Optional lounge and milestone perks on the higher variant, subject to SBI Card rules

Ratings & reviews: PhonePe, the app you apply in, is rated 4.6 on Google Play with 14 million+ reviews. That rating is for the PhonePe app, not a separate listing for this card, and it can change.

This page uses a PhonePe referral link. The card is issued by SBI Cards, not by Play With Bhahuk. Any referral reward is credited to the inviter’s PhonePe account; applying through this page does not add any fee on top of SBI Card’s own charges.

Tap Apply for Card, read the live fee and reward caps in PhonePe, and submit only if you want an SBI Card credit product and are ready for a credit check.

Ratings & reviews

4.6 4,327 reviews

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FAQ

Will I get ₹200 for applying?

No. PhonePe's screen says the person who shared the link may get ₹200 as a PhonePe Gift Card after your card is issued. You get the card benefits if SBI Card approves you.

Is the 10% savings unlimited?

No. It is reward points on eligible PhonePe categories, with monthly caps. The 5% online and 1% other rates are also capped.

Do I have to pay a fee?

Usually yes, plus GST, unless a live zero-fee offer is shown in the app. Check the fee, GST and welcome-voucher rules before you submit.

What if my application is rejected?

Then no card is issued and no spend rewards start. A rejection can still appear on credit-check records. Apply only if you need the card.

Can I withdraw rewards to bank?

Card points are redeemed through SBI Card as statement credit or vouchers. A PhonePe gift voucher, if you receive one, is spent on PhonePe and is not a bank withdrawal.

Does applying through this page cost extra?

The referral does not add a fee on top of SBI Card's own joining, annual and interest charges.

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Disclosure: this page contains referral links. If you sign up through them we earn a fee at no extra cost to you. It never changes which apps we recommend.