HDFC Bank
HDFC Bank PhonePe Ultimo Credit Card
Best for premium PhonePe users, cashback
₹1,000/yr annual fee
By FinWiz24 Research Desk · Last reviewed · How we review
FinWiz24 Research Desk
Verified independently against issuer Terms & Conditions
Editorial Team
Annual fee
₹1,000/yr
Reward rate
Not published
Min. income
₹2,50,000
Forex markup
Not published
Lounge access
Domestic only
Eligibility
₹2.50 lakh/yr · CIBIL 700+
Reward cap
₹1,000/month
Welcome benefit
Premium PhonePe cashback offers and privileges
Who is this for
- Premium PhonePe user
- Heavy online shopper
What we like
- 10% cashback on PhonePe transactions
- Premium lounge access
Watch out for
- Rs 750 late-payment fee
Issuer
Headquarters
Mumbai, Maharashtra
Established 1994
Website
www.hdfcbank.comFees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Joining fee | ₹1,000 | Not waivable |
| Annual fee | ₹1,000 | Waived on Rs 5 lakh annual spend |
| Late payment | ₹750 | Not waivable |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| ONLINE | 10.00 | ₹1,000/month | 1.00 |
| All spends | 1.50 | No cap | 1.00 |
Benefits
-
Domestic lounge access Highlight
Complimentary domestic airport lounge access (unlimited)
-
PhonePe premium benefits Highlight
Premium PhonePe cashback offers and privileges
-
Fuel surcharge waiver
1% waiver on fuel transactions Rs 500-3,000
Eligibility
- Age
- 21–65 years
- Min. income
- ₹2,50,000
- Min. credit score
- 700+
- Score note
- Good credit score
- Employment
- Salaried, self-employed
- Documents
- PAN, Aadhaar, salary slips / ITR
HDFC Bank PhonePe Ultimo Credit Card is a VISA credit card from HDFC Bank. It is best suited for premium PhonePe users, cashback.
Fees and rewards
- Annual fee: Rs 1,000
- Joining fee: Rs 1,000
- Rewards: 10% cashback on PhonePe transactions; 1.5% on all other spends
Eligibility
PAN, Aadhaar, salary slips / ITR
Card data compiled from issuer published fee schedules. Status: active.
Apply for HDFC Bank PhonePe Ultimo Credit Card
Last reviewed · How we review
FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.
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Frequently asked questions
Is the HDFC Bank PhonePe Ultimo Credit Card worth it?
What is the annual fee for the HDFC Bank PhonePe Ultimo Credit Card?
How does the HDFC Bank PhonePe Ultimo Credit Card reward rate work?
What are the eligibility requirements for the HDFC Bank PhonePe Ultimo Credit Card?
Does the HDFC Bank PhonePe Ultimo Credit Card offer airport lounge access?
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