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State Bank of India

PhonePe SBI Card Purple

Best for PhonePe, online shopping

₹500/yr annual fee

By FinWiz24 Research Desk · Last reviewed · How we review

FinWiz24 Research Desk

FinWiz24 Research Desk

Verified independently against issuer Terms & Conditions

Editorial Team

Annual fee

₹500/yr

Reward rate

Not published

Min. income

₹1,50,000

Forex markup

Not published

Lounge access

Domestic only

Eligibility

₹1.50 lakh/yr · CIBIL 650+

Reward cap

₹500/month

Welcome benefit

PhonePe cashback offers

Who is this for

  • PhonePe user
  • Online shopper

What we like

  • 5% cashback on PhonePe transactions
  • Fuel surcharge waiver

Watch out for

  • Rs 500 late-payment fee

Issuer

Bank

State Bank of India

Public sector bank

All State Bank of India cards →

Headquarters

Mumbai, Maharashtra

Established 1955

Toll-free

1800-11-2211

Network

Visa

See all cards on this network

Fees and charges

Fee Amount Waiver
Joining fee ₹500 Not waivable
Annual fee ₹500 Waived on Rs 2 lakh annual spend
Late payment ₹500 Not waivable
Fuel surcharge 1% 1% surcharge waived on fuel Rs 500-3,000

Rewards

Spend category Rate Cap Redemption
ONLINE 5.00 ₹500/month 1.00
All spends 1.00 No cap 1.00

Benefits

  • Domestic lounge access

    None

  • Milestone benefits Highlight

    PhonePe cashback offers

  • Fuel surcharge waiver

    1% waiver on fuel transactions Rs 500-3,000

Eligibility

Age
18–70 years
Min. income
₹1,50,000
Min. credit score
650+
Score note
Stable income
Employment
Salaried, self-employed
Documents
PAN, Aadhaar, salary slips / ITR

PhonePe SBI Card Purple is a VISA credit card from State Bank of India. It is best suited for PhonePe, online shopping.

Fees and rewards

  • Annual fee: Rs 500
  • Joining fee: Rs 500
  • Rewards: 5% cashback on PhonePe transactions; 1% on all other spends

Eligibility

PAN, Aadhaar, salary slips / ITR

Card data compiled from issuer published fee schedules. Status: active.

Apply for PhonePe SBI Card Purple

Last reviewed · How we review

FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.

Check your eligibility → Compare this card →

Cards with similar benefits, rewards, or eligibility requirements.

Frequently asked questions

Is the PhonePe SBI Card Purple worth it?

PhonePe SBI Card Purple is a credit card issued by State Bank of India. Whether it is worth it depends on your monthly spend pattern and whether the annual fee (if any) is waivable. Compare the fee and reward rate on this page against your expected annual spend to make an informed decision.

What is the annual fee for the PhonePe SBI Card Purple?

PhonePe SBI Card Purple charges ₹500 as the annual fee. Most issuers waive it on minimum annual spends — check the fee tile on this page for the waiver condition.

How does the PhonePe SBI Card Purple reward rate work?

PhonePe SBI Card Purple earns structured rewards that vary by spend category. Check the rewards tile on this page for the full multiplier schedule.

What are the eligibility requirements for the PhonePe SBI Card Purple?

To qualify for PhonePe SBI Card Purple, you typically need: minimum annual income ₹1,50,000; CIBIL score of 650+; Salaried / self-employed only. The eligibility tile on this page has the full published criteria.

Does the PhonePe SBI Card Purple offer airport lounge access?

None

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Disclaimer: Card details are based on publicly available issuer schedule of charges. Eligibility and approval are at the issuer’s sole discretion. FinWiz24 does not guarantee card approval or specific terms. Always read the issuer’s terms and conditions before applying.

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