PhonePe SBI Card PURPLE benefits
- Rewards3%
back on recharges, bills, insurance and travel paid in the PhonePe app
- Rewards2%
back on online shopping
up to 750 points a month
- Gift₹500
PhonePe e-gift voucher after paying the fee
- Gift₹3,000
Yatra voucher on ₹3 lakh of yearly spends
Good to know
- Renewal fee of ₹499 waived on ₹1 lakh of yearly spends
PhonePe SBI Card PURPLE rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| PhonePe3 reward points per ₹100 on recharges, utility bills and bill payments made in the PhonePe app. Shares a limit of 750 points a calendar month with PhonePe travel. Insurance paid in the PhonePe app also earns 3 points per ₹100, with a separate limit of 250 points a month. Bills and insurance paid outside the PhonePe app earn nothing. | 3 points per ₹100 | 750 |
| PhonePe3 reward points per ₹100 on flights and hotels booked in the PhonePe app, inside the shared 750 point monthly limit. | 3 points per ₹100 | 750 |
| Online shopping2 reward points per ₹100 on online shopping outside the PhonePe app, up to 750 points a calendar month. | 2 points per ₹100 | 750 |
| Everything else | 1 points per ₹100 | 1,000 |
We value one point at ₹1 in the usual redemption.
No rewards on: Fuel, wallet loads, rent, education, government payments, online gaming, tolls, jewellery, gifts and souvenirs, utilities and insurance paid outside the PhonePe app, UPI payments outside the PhonePe app, Flexipay, merchant EMI and cash withdrawals.
All reward rules
- PhonePe values each reward point at ₹1. Points can go against your card bill (in blocks of 500 points, free of charge) or buy gift vouchers on SBI Card's rewards portal.
- All other eligible spends earn 1 point per ₹100, capped at 1,000 points a calendar month. Spends below ₹100 earn nothing.
- Paying by Scan and Pay inside the PhonePe app earns 1% back. UPI payments in other apps stopped earning points on 1 July 2026.
- On paying the ₹499 fee you get a ₹500 PhonePe e-gift voucher, sent within 45 days.
- Spend ₹3 lakh in a year to get a ₹3,000 Yatra travel voucher.
- Points expire 2 years after you earn them.
What the PhonePe SBI Card PURPLE gives back in a year
Say you spend ₹30,000 a month, like our “frequent traveller” pattern, using PhonePe where the card pays extra. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹3,000 | 1% | ₹360 |
| Dining and food delivery | ₹4,000 | 1% | ₹480 |
| Online shopping | ₹3,000 | 2% | ₹720 |
| Travel | ₹14,000 | 3% | ₹5,040 |
| Fuel | ₹1,000 | 0% | ₹0 |
| Bills and utilities | ₹2,000 | 3% | ₹720 |
| Everything else | ₹3,000 | 1% | ₹360 |
| Total | ₹30,000 | ₹7,680 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹7,680* |
That is ₹4,913 a year more than the Shoppers Stop HDFC Bank Credit Card on the same spending.
PhonePe SBI Card PURPLE annual fee and charges
- Joining fee
- ₹499
- Annual fee
- ₹499
- Fee waiver
- ₹1,00,000 a year
- Foreign currency markup
- 3.5%
Joining fee and renewal fee are ₹499 each, before GST. The renewal fee is reversed if you spent ₹1 lakh or more in the previous year. PhonePe's card page shows a zero joining fee as a limited time offer.
Fuel surcharge: 1% fuel surcharge waiver on fuel spends from ₹500 to ₹3,000, up to ₹100 per statement cycle.
PhonePe SBI Card PURPLE eligibility
SBI Card has not published an age or income rule for PURPLE. Applications go through the PhonePe app, and SBI Card decides.
The bank alone decides approval and your credit limit.
PhonePe SBI Card PURPLE lounge access
The bank's terms list no fixed number of free airport lounge visits on this card.
This card has no airport lounge access. The SELECT BLACK variant has it.
Is the PhonePe SBI Card PURPLE right for you?
A card with a ₹499 fee that spending can waive, paying 3% at PhonePe and an above-average 1% elsewhere.
Worth its fee if you spend about ₹3,000 a month or more. Below that, the ₹499 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend a lot at PhonePe: the card pays 3% back there, against 1% on most other spends.
- You spend ₹1,00,000 a year or more (about ₹8,400 a month), so the ₹499 renewal fee is waived.
- It is your first credit card: the terms are simple and the fee is low or nil.
- You pay by UPI: it is a RuPay card you can link to UPI apps and use at shop QR codes.
Not for you if
- You spend less than about ₹8,400 a month: you would pay ₹589 a year with GST.
- You spend more than ₹37,500 a month on online shopping: the higher rate stops there.
- You rarely use PhonePe: outside it the card pays 1%.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to PhonePe SBI Card PURPLE
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| PhonePe SBI Card PURPLE | ₹499 | 3% | ₹3,840* |
| Shoppers Stop HDFC Bank Credit Card | ₹299 | 3% | ₹2,167* |
| PhonePe SBI Card SELECT BLACK | ₹1,499 | 10% | ₹6,720* |
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
Is PhonePe SBI Card PURPLE better than SELECT BLACK?
PURPLE suits smaller spenders. Its fee is ₹499 and is waived on ₹1 lakh a year. SELECT BLACK costs ₹1,499 and needs ₹3 lakh for the waiver, but earns more than three times the points on PhonePe spends and adds lounge visits.
What is the annual fee of the PhonePe SBI Purple credit card?
₹499 plus GST as the joining fee and the same each year after. SBI Card reverses the renewal fee if your spends in the previous year were ₹1 lakh or more.
What are the monthly reward limits on PhonePe SBI PURPLE?
PhonePe app bills and travel can earn up to 750 points a month, PhonePe insurance up to 250, online shopping up to 750 and other spends up to 1,000.
Does the PhonePe SBI PURPLE card give lounge access?
No. SBI Card's terms for PURPLE do not include any airport lounge visits.