PhonePe SBI Card launched: Two variants with reward points, lounge access, and UPI support

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The PhonePe SBI Card PURPLE offers a Rs 3,000 travel voucher on achieving Rs 3,00,000 in annual spends. Both credit cards also include a 1% fuel surcharge waiver.

The PhonePe SBI Card PURPLE offers a Rs 500 welcome e-gift voucher upon joining fee payment of Rs 499. It includes up to 3% value back as reward points on PhonePe and Pincode app spends, 2% value back as reward points on all other online transactions, and 1% value back as reward points on all other eligible spends.

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