SBI card and PhonePe launch co-branded Credit Cards with reward points, lounge access and more
PhonePe and SBI card launch new co-branded credit cards- the Phonepe SBI Card SELECT BLACK and PhonePe SBI Card PURPLE.
PhonePe has officially announced its new partnership with SBI card on X (formerly known as Twitter), introducing two new co-branded credit cards- the Phonepe SBI Card SELECT BLACK and PhonePe SBI Card PURPLE.
The announcement shared the first look of the cards and briefly highlighted the benefits users can enjoy by using them for everyday purchases.
According to the sources, these credits cards are designed to reward users for spending on the PhonePe app as well as on essential categories like groceries, bill payments, travel booking and insurance.
With the SELECT BLACK card, customers can earn up to 10% value back as reward points on PhonePe app transactions, while the PURPLE card offer up to 5% value back.
The cards also come with joining perks, including PhonePe e-gift vouchers worth Rs. 1,500 for SELECT BLACK and Rs. 500 for PURPLE.
Users also get travel vouchers as annual spend rewards, Rs. 5,000 for SELECT BLACK on spends of Rs. 5 lakh and Rs. 3,000 for PURPLE on spends of Rs. 3 lakh.
Additional benefits include domestic airport lounge access, priority pass membership for SELECT BLACK cardholders and 1% fuel surcharge waiver.
More than just a card. It’s an experience, crafted for India.
Introducing the PhonePe x @SBICard_Connect
✅ 10% Reward Points on everyday spends
✅ 5% on online indulgences
✅ 100% joining fee back as a PhonePe Gift Card*Explore now : https://t.co/vlJ5N6DeKv pic.twitter.com/5byaYhnApU
— PhonePe (@PhonePe) July 22, 2025
