SimplifyCards take
A quick decision view before the full facts.
Good fit if: you want a card built for phonepe, online shopping, and UPI.
Why it can work
It combines accelerated rewards on eligible phonepe spends and milestone rewards.
Where value may drop
The renewal fee is waived only on Rs 1 lakh of annual spend. Fuel, rent, and wallet loads don't earn rewards. Monthly reward caps apply on the top categories.
Quick facts
The key fields before the full details.
Reward calculator
Enter your monthly spend to estimate how many reward points you earn and what they are worth.
Milestone rewards
Milestone value is estimated and only counts once you reach each spend threshold.
What your points are worth
Same points, very different value depending on how you redeem.
How you earn it
| Category | Monthly spend | Reward Points/yr |
|---|---|---|
| Online shopping | Rs 15,000 | 3,600 |
| Utility bills | Rs 3,000 | 1,080 |
| UPI payments | Rs 5,000 | 600 |
| Other spends | Rs 8,000 | 960 |
Estimates only. Reward rates, caps, and redemption values follow each bank's current terms and can change.
Best for / avoid if
Who this card suits — and who should skip it.
Best for Eligible PhonePe Spends
3 Reward Points / Rs 100
Avoid for heavy international use
A 3.5% forex markup is on the higher side for overseas spends.
Avoid if you spend big on fuel, rent, and wallet loads
These categories are excluded and won't earn rewards.
Avoid if you expect uncapped rewards
Top reward categories are capped each month, so very high spends don't scale linearly.
Rewards and redemption
Earn rates, caps, and how points convert to value.
| Category | Rate | Monthly cap |
|---|---|---|
| Eligible PhonePe spends | 3 Reward Points / Rs 100 | 1,000 reward points |
| Eligible online spends | 2 Reward Points / Rs 100 | 1,000 reward points |
| Scan & Pay using PhonePe | 1 Reward Point / Rs 100 | 1,000 reward points |
| Other eligible spends | 1 Reward Point / Rs 100 | 1,000 reward points |
Redemption
Lounge and milestone rules
The spend conditions worth knowing before you rely on a benefit.
Exclusions
Categories that earn no rewards on this card.
- fuel
- cash advance
- wallet loading
- rent
- property management
- school and education services
- government services
- digital gaming
- merchant EMI
- cash withdrawal
- disputed transactions
- fees and charges
Benefits and fine print
Welcome, renewal, and other listed benefits.
Joining benefits
- PhonePe e-Gift Card worth Rs 500 after payment of annual fee, unless the card is issued under a first-year-free offer
Additional benefits
- 1% fuel surcharge waiver on eligible fuel spends
- Available on RuPay and Visa networks
Eligibility
Check this before you apply.
Salaried
- Age 21 to 60 years
- Stable income as per SBI Card credit assessment
- Good credit profile and address in a serviced location
Self-employed
- Age 25 to 60 years
- Stable business income as per SBI Card credit assessment
- Good credit profile and address in a serviced location
Compare before you decide
Alternatives based on what you might want instead.