SBI PhonePe Black
SBI Card · cashback · statement_credit
Official product page → Official rules →
Annual fee: ₹1,499
Waiver: Waiver subject to current SBI Card spend terms
Waiver: Waiver subject to current SBI Card spend terms
Reward Rules
- 5% 5% on eligible online spends (cap: ₹1,500)
- 1% 1% base cashback
Exclusions
- Higher PhonePe-specific utility/bill rewards require PhonePe route and are not modeled as a separate payment channel yet.
- Fuel, rent, wallet, EMI and excluded MCCs may not earn cashback.
SBI PhonePe Black
Machine-readable reward rules live in the YAML front matter. This Markdown body is for human notes and source context only.