PhonePe SBI Card PURPLE is a co-branded credit card from SBI Card and PhonePe, available on the RuPay and Visa networks. It is the base variant in the PhonePe SBI Card lineup, with the SELECT BLACK being the premium option.

• Co-branded card by SBI Card and PhonePe
• Available on RuPay (UPI-enabled) and Visa networks
• Designed for everyday digital spenders
• Apply directly through the PhonePe app
• 1 Reward Point equals Re. 1

Earn up to 3% value-back on your everyday spends:

• 3 Reward Points per Rs. 100 on eligible PhonePe and Pincode spends (recharges, bill payments, insurance, travel)
• 2 Reward Points per Rs. 100 on eligible online spends across 1,000+ brands including Amazon, Swiggy, Zomato, Uber, Myntra, Nykaa, BookMyShow, MakeMyTrip, Blinkit, Zepto, and Rapido
• 1 Reward Point per Rs. 100 on all other spends including Scan & Pay and Tap & Pay

Welcome Benefit

Receive a Rs. 500 PhonePe Gift Card on realization of the joining fee, effectively making the card free to start with. The gift card is shared within 45 days via registered email or mobile number.

Milestone Benefits

Earn a Yatra travel voucher worth Rs. 3,000 on achieving annual spends of Rs. 3 lakh or more in a membership year.

Annual Fee Waiver

The renewal fee of Rs. 499 is reversed on achieving spends of Rs. 1 lakh or more in the previous membership year.

Fuel Surcharge Waiver

Enjoy 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 at all petrol pumps in India. Maximum waiver of Rs. 100 per statement cycle.

UPI Integration

The RuPay variant can be linked to UPI apps for scan-and-pay transactions, enabling you to earn 1% rewards on UPI payments as well.

• Rs. 500 PhonePe Gift Card on realization of joining fee
• Gift card shared via registered email/mobile within 45 days
• Card balance valid for 12 months once added to PhonePe app

Milestone Benefits

• Rs. 1 Lakh annual spend: Annual fee of Rs. 499 reversed
• Rs. 3 Lakh annual spend: Yatra travel voucher worth Rs. 3,000

The milestone benefits make this card particularly rewarding for users who consolidate their spending on this card. With the annual fee waiver at Rs. 1 lakh, the effective cost of holding this card becomes zero.

The PhonePe SBI Card PURPLE does not include airport lounge access. For lounge benefits, consider the PhonePe SBI Card SELECT BLACK which offers 4 complimentary domestic lounge visits per year and Priority Pass membership for international lounges.

The PhonePe SBI Card PURPLE follows a tiered reward structure:

• 3% on PhonePe spends: Recharges, utility bill payments, insurance premiums, travel bookings, and PhonePe PINCODE orders earn 3 Reward Points per Rs. 100 (capped at 1,000 RP/month)
• 2% on online spends: Purchases on 1,000+ online brands including Amazon, Swiggy, Zomato, Myntra, and more earn 2 Reward Points per Rs. 100 (capped at 1,000 RP/month)
• 1% on all other spends: Offline purchases, Scan & Pay, and Tap & Pay earn 1 Reward Point per Rs. 100 (capped at 1,000 RP/month)

Note: Utility and insurance spends outside PhonePe earn only 1 RP per Rs. 100, capped at 250 points per month.

Excluded Categories

No reward points on: fuel transactions, wallet loading, rent payments, education services, government spends, digital gaming platforms, EMI transactions, financial charges, and ATM withdrawals.

Redemption Options

• Statement Credit: Redeem points as statement credit at 1 RP = Re. 1
• Gift Vouchers: Redeem for e-gift vouchers from top brands via SBI Card Shop & Smile Rewards portal
• Merchandise: Redeem for products from the SBI Card rewards catalogue

Points Expiry

Reward Points are valid for 24 months from the date of accrual. Unredeemed points are forfeited at the end of the 24th month.

• Age: 21 to 60 years
• Minimum annual income: Rs. 3 lakh (approximate)
• CIBIL score: 700 or above recommended
• Indian resident

Application Process

The primary application channel is the PhonePe app. The card is rolled out in phases to eligible PhonePe users.

1. Check eligibility and enter details on the PhonePe app
2. Complete video KYC with SBI Card (physical PAN card required)
3. Digitally sign application documents via Aadhaar OTP
4. Virtual card issued immediately upon approval; physical card dispatched separately

• PAN Card
• Aadhaar Card
• Passport
• Voter ID
• Driving License

Proof of Address (any one)

• Aadhaar Card
• Utility Bill (not more than 3 months old)
• Ration Card
• Passport

Proof of Income (any one)

• Latest salary slips (for salaried individuals)
• Bank statements (last 3-6 months)
• Income Tax Returns (ITR)

Other Requirements

• Passport-sized photographs
• Physical PAN card (required for video KYC)
• Stable internet connection (for video KYC via PhonePe app)

1. Open the PhonePe app and navigate to the Credit Card section
2. Check your eligibility and fill in your personal details
3. Complete video KYC with an SBI Card representative (keep your physical PAN card ready)
4. Digitally sign the application documents using Aadhaar OTP
5. Upon approval, a virtual card is issued immediately for online use
6. Physical card is dispatched to your registered address

Offline Application

You can also apply by visiting the nearest SBI branch with the required documents.

Via SBI Card Website

Visit the official SBI Card website, navigate to the PhonePe SBI Card PURPLE page, and click Apply Now to begin the online application.

The PhonePe SBI Card PURPLE is a compelling entry-level credit card for users who regularly transact on PhonePe and online platforms. With up to 3% rewards on PhonePe spends, 2% on online purchases, and 1% on all other transactions, it delivers consistent value on everyday spending at a minimal annual cost of Rs. 499.

The welcome gift effectively makes the first year free, the annual fee waiver at Rs. 1 lakh spend is easy to achieve, and the Rs. 3,000 Yatra milestone voucher adds meaningful value for higher spenders. The RuPay variant is particularly attractive for UPI-linked rewards. While it lacks lounge access and premium perks, it is exactly what an entry-level digital-first card should be.